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
Longposition
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.
HDFC BANK institutional buying zone HDFC bank has been in this range since about 300 days and has always bounced back from
this institutional buying zone where big players accumulate.
It has approached this range again giving a beautiful risk to reward ratio of 1:3 and more.
As seen in the past, on the break of this minor downward trend, the market rallies to the resistance zone hence we should follow the past.
Position Sizing is recommended...
What is position sizing?
It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten your stop loss. This way you add two positions but one only when the market shows you that you are correct.
Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk only 50 ( Typically with a larger stop) and if the market forms a green candle or another bullish sign, you add another Qt to risk 50 more ( Total risk 100) and your second stop loss becomes tighter ( most probably at the breakeven of the first position) this way you minimise your loss but ur reward is the same and even more. If your first stop gets hit, you accept your mistake and move on.
Hence, if one does go long, I personally am buying as close to the zone as possible and then will be adding more as the trendline breaks.
Volume isn't a key indicator here since it has been high in the past as the market approached this zone and still rallied upwards.
Targets marked on the chart.
Keep It Simple
BPCL long target 400+Buy BPCL above between 558 to 365
SL 338
T1 - 387 (1:1)
T2 - 409 (1:2)
Index OIL n Gas Index will try to make higher high so Index will be bullish.
BPCL forming bullish head and shoulder pattern on weekly time frame.
BPCL formed W pattern breakout with volume
Took support from bottom trend line
Is IRCTC ready to burst ?Hello, guys. I hope you are doing well. Today, we will take a deep dive into IRCTC. Please read until the end to gain a complete understanding of this stock and its potentiality.
The chart is self-explanatory, so we will keep the technical analysis brief. The stock had been consolidating in a descending triangle pattern for the past two years. After a really big move It has corrected by 50%. Recently, it broke out of this pattern and has started forming a new ascending triangle pattern, indicating a potential upcoming breakout.
Fundamental:-
In terms of fundamentals, it's needless to say that it is a government owned company, authorized exclusively by the Indian government to provide online railway tickets, catering services, and packaged drinking water at railway stations and on trains in India.
Revenue Breakout As per 2022 data:-
Internet Ticketing: Approximately 54%
Catering: Approximately 27%
Railneer (Packaged Drinking Water): Approximately 9%
Tourism: Approximately 8%
State Teerth: Approximately 2%
Future Planes:-
>>Company plans to enter the budget hotel service industry.
>>Company intends to establish an e-marketplace offering services such as bill payment, recharges, and other third-party services, including online insurance purchases.
>>The company has plans to explore segments such as Helicopter Travel and medical tourism.
>>The company also plans to expand its non-rail based tourism offerings, including corporate travel business, cruise packages, river packages, and air ticket services.
Financials:-
>>The company is almost debt-free.
>>It's anticipated that the company will perform well in the upcoming quarter.
>>Over the last 5 years, the company has consistently achieved a strong profit growth of 34.9% annually.
>>The company has a solid track record of return on equity (ROE) with a 3-year ROE of 34.6%.
>>The company has consistently maintained a healthy dividend payout of 43.0%.
>>FII, DII holdings are still increasing.
Key Risks:-
I have mentioned all the positive aspects of the company, but there are some key risks associated with the company that you should be aware of:
1.The company is government-owned, which means it can be highly sensitive to both positive and negative news. Any adverse news can lead to a significant decline in its stock price.
2.This stock also experienced price manipulation in 2021.
3. If any pandemic situation comes it can experience a substantial correction.
My commentary:-
We have recently observed that railway-based companies have started to gain momentum. Now, the question is, will IRCTC follow the same? My answer would be that it's possible because if the price breaks the recent pattern with strong volume, then it can potentially make a significant move.
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Note: This is for informational purposes only. Do your own research before investing.