Longposition
WELCORP Trade Analysis for Buy using Wyckoff methodVolume Analysis
We have no supply in the trading range indicating no one is selling
Demand Increased
We have demand increased in phase D indicating institutional present
Down wave Analysis
Down spread is decreasing in each of down wave indicating volatility is decreasing and selling pressure is decreasing
My View
Bullish on the stock with entry given on the chart
Good Breakout TodayHi All…
Greetings!
Today I’m sharing with you Bank of Baroda Daily Chart. Today we had a good break out in the stock. The stock has been sideways from a long time. I think it would a good time to invest in the stock. Hoping for the stock to breakout 275 levels this time.
In the coming time I think it should give good returns.
Thanking You
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. I'm not a SEBI registered technical analyst.
Ashok Leyland - Bullish viewI have entered the marked level for swing trade.
Reasons for buying:
1. Breakout at 1 D time frame.
2. Stock is trading at all time high. These stocks generally perform good after breakout.
3. Breakout in 30 mins with volumes.
Please note that it's not a recommendation to buy. I have posted my analysis for educational purpose. Please do your own analysis before buying. I am not responsible for your profit or loss.
Gebriel - Bullish viewReasons for buying:
1. Multiple breakouts in 1 day chart.
2. Recent breakout with good volumes and retest in 15 mins chart.
I have entered the trade as per marked levels.
All my trades are strictly for educational purpose. I am not responsible for your profit or loss. Do your own analysis before entering in to any trade.
ASAHISONG Long Idea on weekly and monthly timeframeHi guys, I'm here again after years and I'll start posting again from now. Today I am here with another idea. The stock is ASAHISONG and the levels are mentioned on the chart.
CMP 411.45
Can be bought if it closes above 443 on weekly chart for at least 30% returns in medium term.
Note: This is not a recommendation. It is only for educational purposes. I am not a SEBI registered advisor. Don't treat this post as an investment advice and take your own risk accordingly.
Trident NSE Date - 22 March 2024
Time - 10:30 AM
WHAT is,
1. VAH& VAL- The upper limit of the Value Area is called Value Area High (VAH), while the lower limit is referred to as Value Area Low (VAL). These levels can serve as potential entry and exit points for trades.
2. POC- The price level for the time period with the highest traded volume.
-As we can see, since last year Trident is doing HH and HL. (Bullish)
-After using Fixed Range Volume Tool for both long and medium time periods we have find that 36-37 Rs is where long term VAH volume and medium term POC + 100 Ema is also meeting at same price and creating strong support.
-Today's price movement is confirming strong support at 36-37 Rs.
So, with a SL of 32.40 (Prev HL) We can LONG Trident for Medium Term.
Thank You!
Have A Good Day!
ITC IS GOING TO HIT 500!!!Once share break the green line and it gives positive signal to enter for long term target 500 but 392 is near support too. If by chance it breaks then near term short position will be chosen.
My 1st Target is 427
2nd Target is 450
Since volume is increasing day to day and it is near to support and moreover, reason for downward is BAT going to reduce its stake. I doing to think it will happen at this level. So chances of upward is more as compare to downward.
POLYCAB - Ready for UptrendA beautiful Gap-Down has been created in the chart signifying a possibility for the market to move in an upward direction soon by the end of this week.
We can be bullish on it and hold on to our first target of about 9400-9457.
I am not SEBI Registered. Do your analysis before investing your hard-earned money.
My idea is to go long on this share.
Bullish SignsBeing a trading cum self clearances company of NSE - National Stock Exchange, it has to pass through a lot of regulatory certifications and clearances. It is an integral member of NSE and has a high scope of growth till Indian markets stands strong.
Look at the chart, for a long term investment, it give me a great bullish sign.
It has a potential to easily reach at a mark of Rs. 560 but before that it will have to reach at its first target of 220-240, consolidate there and then move ahead.
All this only if India markets stays strong and shows robust growth.
Do your analysis before investing. I’m not SEBi registered.