HDFC BANK Long Trade.Right Time to Invest in HDFC BANK.
Buying Range : 1615 to 1620
Stop Loss : @1595
Targets : 1650/1680/1725/1775/1840 ++++++
Reasons to Buy:
1: HDFC bank following a channel from past one year, and now again taking support from the channel low i.e. @1615.
So basis idea is that, we will follow the price up to channel high (i.e. @1775-1840).
2: RSI is about to oversold. As observed whenever RSI was found below 35 then the movement was shifted to upside.
3: Good fundamentals
4: Good Risk to Reward ratio.
Thanks
Disclaimer: This idea is only for the Educational purpose. Trade at your own risk.
If you like the idea kindly support.
Longposition
GRINDWELL go longIf it crosses 2214
Entry price: 2214.10
Stop loss: 1949.95 (11.94% risk involved)
Target: 2745.40 ( reward of 24% with 11.94% risk)
Enter into the stock if one is able to take risk of 11.94%
I am entering this stock with 11.94% risk
I am not SEBI registered individual, please do your own analysis before taking a trade , this is only a trade idea
Cosmos Price Prediction : 10% gains on ATOM / USDT ATOM eyes 10% gains amid chatter about a fork
* Cosmos price remains above a crucial supply barrier extending from $6.161 to $8.966 with the potential for more gains.
* ATOM could climb 10% to tag the $10.218 resistance level, steered by bullish indicators and bullish speculation.
* Invalidation of the bullish outlook will occur once the cryptocurrency breaks and closes below the $8.545 critical support.
EUR/USD Price AnalysisThe EUR/USD pair is currently trading around 1.0970, facing slight losses in the early European session after pulling back from a four-month high of 1.1017. Traders are awaiting inflation data from Italy, France, and the Eurozone, with the Eurozone Harmonized Index of Consumer Prices (HICP) expected to show a 3.9% YoY growth in November.
From a technical standpoint, the EUR/USD maintains a positive outlook, staying above the 50- and 100-hour Exponential Moving Averages (EMA) on the four-hour chart. The Relative Strength Index (RSI) is in bullish territory, suggesting a favorable trend for the pair.
Immediate resistance is observed at 1.1000, marked by the Bollinger Band boundary and a psychological round figure. The next resistance levels are at 1.1017 and 1.1042, followed by a potential rally to 1.1150 if buying momentum persists.
On the downside, a key support level lies at 1.0930, indicated by the lower limit of the Bollinger Band and the 50-hour EMA. Further support is found at 1.0895 (low of November 24), 1.0867 (100-hour EMA), and 1.0825 (low of November 17). Monitoring these levels can provide insights into potential price movements.
HAL is Bullish 🐂HAL ( Hindustan Aeronautics Limited ) is Bullish as today it seems a high volume in buying side. It already broke its major resistance also.
The target price should be 2393.
Note : This is not any tip or recommendation it is just for learning purpose only. So be careful while investing.
policy bazarIn this chart we clearly see that one impulse wave is over ..we can see one big bullish uptrend on upcoming month. It is great stock for swing trading with minimum stoploss ..
Disclaimer:- Invest at your own risk,, i am not register with Sebi.. This chart is according to my technical analysis which i learnt from past years
ANALYSIS VIEW ON SEI / USDT PAIR Pair: SEI/USDT
Exchange: Binance
Trade Type: Buy Long (FUTURE)
Trade Parameters:
Entry Level: 0.2095
Target 1: 0.2160
Target 2: 0.2222
Stop Loss: 0.1970
Analysis:
The SEI/USDT pair, listed on the Binance exchange, presents a promising trading opportunity. The Relative Strength Index (RSI) indicates a bullish movement in the market, suggesting potential upward price momentum. Additionally, a bullish sentiment is observed in the short-term moving average, reinforcing the positive outlook.
Trade Rationale:
The decision to enter a long (future) position at the specified entry level of 0.2095 is supported by the bullish signals from both RSI and the short-term moving average. Target levels at 0.2160 and 0.2222. To manage potential risks, a stop-loss order is set at 0.1970.
DISCLAIMER : EDUCATIONAL PURPOSE ONLY
BHANSALI ENG POLYM Breakout prediction long opportunityBHANSALI ENG POLYM is a Process Industries/ Industrial Specialties stock that have been consoladating for past 7-Months. by looking the volume spike it seems bulls will be taking the stock to outside the channel now. once breakout is successful, after little consolidation it can give a very nice Risk:Reward :: 1:3 Approx.
Reasons:
RSI is crossing 60 to upside. (Bullish)
200 EMA have been providing a nice support for very long time. In History also it has been a nice support and resistance.
Rectangle Pattern breakout is about to happen. If it gives a popout candle then you may go long by putting a small stoploss.
Price > EMA(13,50,200) which shows bullishness. but as it has been a trendy momentum for past 2 weeks. I am expecting it to give little consolidation outside the channel and then bullish momentum.
Verdict:
Bullish Breakout is about to happen
Plan of action:
Entry after consoladition
BUY: 98-100 after consoladition
Stoploss: 96
Target: 111
Sequent swing bullish Prediction Sequent is performance based stock. It gave a breakout earlier and now after a nice consolidation it seems to move again in bullish direction.
Reasons:
Taking support at trendline near 200 EMA and VWAP.
Moving in Higher HIGH Higher LOW.
Important level are marked in the chart.
RSI breaking 50 to upside shows Bullishness.
Re-Breakout after 3 month of consolidaiton.
Verdict:
Bullish Movementum Continuous
Plan of action:
Buy: 101
Stoploss: 98
Target: 112-114
SOLANA updated move (SMC)As SOLANA continues to follow the chart pattern I previously shared, it has successfully mitigated the demand zone and is currently moving in line with it.
So far, this movement has resulted in approximately a 10% profit . Considering this positive development, it would be wise to start booking profits partially while implementing a trailing stop loss strategy.
Our next target should be the recent high that SOLANA reached. However, it is crucial to keep an eye on Bitcoin's price movement as well.
Bitcoin often influences the overall cryptocurrency market, so any significant changes in its value could impact SOLANA's performance.Additionally, it is important to note that the current market sentiment appears to be greedy. This means that investors may be more inclined to take risks and potentially overlook potential downsides.
Therefore, it is essential to exercise caution and manage your risk accordingly.
I will continue monitoring the situation and provide updates as necessary.
Bank Nifty AnalysisResistance at 43800 and buyer more active above 43800 only
Support at 43540 if open gap down may fall till 43300 and bounce back
If sustain above 43800 then may buyers can come till next reisitance 44000
As per trend analysis buyers are saving the falls but unable to make higher highs might today it can be CE buyers day!
note : Do your own analysis before taking trade or making invesment
EIH Limited: Hospitality Excellence and Trading Potential 🏨EIH Limited: Luxury Hospitality Player 🏨
Luxury and potential blend seamlessly! 🌟
Snapshot:
EIH Limited, a prominent name in the hospitality sector, is in the spotlight. Operating luxurious Oberoi hotels and five-star Trident hotels, this company has carved a niche in the industry.
Trading Insight:
Remarkable consolidation over 64 trading days has caught our attention. This phase of consolidation might set the stage for a significant market move.
Stay tuned as we keep an eye on EIH Limited for potential trading opportunities! 📊👀
(Note: This is not financial advice. Always conduct your analysis before making trading decisions.)
#TradingView #StockAnalysis #EIHlimited #TradeOpportunity
LSIL looks good for swing tradeIt has formed a very good uptrend pattern and now after a pullback it has given a breakout which indicates that this stock is going to give a very good bullsih movement. Buy at your own risk.
Bullish BAJFINANCE -W patternKeep a close eye on the stock if sustained this week then we can witness a give a good upside in the coming days. Before breakout stock has formed the w pattern.
Disclaimer - The chart is shared only for educational purposes. Please do not trade ideas without consulting your technical advisor.
Reliance might finally give "Real Breakout"After the swift rally following the covid lows, reliance gained 200% within 1.5 years.
And since then price went sideways. In past 2 years, reliance has given 0% return to those who bought at the top, or to anyone who bought in the range.
This might change in coming period, and we can finally see Reliance making proper breakout, not the fake ones its been making over the past 2 years.
The reason I believe so is because valuations have come to more reasonable level, seen during the covid period lows, not extreme undervaluation but more within the long term range.
And with all the future enthusiasm there is about the business prospects of Reliance. I can easily see the upside coming in.
Valuations are now in the range of 24-25x, down from overvaluation of 36-37x where it topped.
So, yeah, things are falling in place for Reliance to lead once again.
WATCH OUT THE NEXT BREAKOUT. IT MIGHT BE THE REAL ONE.
EURUSD AT DECISIVE LEVELShould the price drop to 1.0667 and subsequently rebound, it's advisable to verify this move on the hourly chart. In this context, validation entails monitoring the Relative Strength Index (RSI) for two key conditions: it should enter the overbought zone, and a distinct buy signal should emerge (Buy OB). Once these criteria are met, consider entering a long position, while exercising caution by setting a tight stop-loss at 1.0635 .
If the price breaches the level of 1.0635 , it is advisable to liquidate all existing long positions, as this indicates a potential break in structure.