Birla SoftBirla Soft
Details mentioned in chart itself!
CA Diptii Saeth
NISM and NCFM Certified Technical Analyst
Longsetup
Dalmia BharatDalmia Bharat
Daily:
- Stock is at good support levels
-It has made reversal candle (Hammer and its confirmation)
-Formation of Falling Wedge which is again a Bullish Pattern
-Can be considered for Positional Trade
Note: The above analysis is just for educational purpose.
CA Diptii Saeth
NISM and NCFM Certified Technical Analyst
HEIDELBERG CEMENT - CUP AND HANDLE PATTERN The stock has formed CUP AND HANDLE pattern
on the WEEKLY chart.
Wait for strong breakout with good volumes
One can enter above 248 with a strict Stoploss of 212
Target 1 - 284
Target 2 - 310
Target 3 - 340
#SWINGTRADE
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
ASIAN PAINTS - INVERTED HEAD AND SHOULDER PATTERNThe stock has given breakout of INVERTED HEAD AND SHOULDER pattern & Retested
on the daily chart.
One can enter above 3054 with a strict Stoploss of 2970
Target 1 - 3200
Target 2 - 3280
Target 3 - 3360
#SWINGTRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
ASIAN PAINTS - INVERTED HEAD AND SHOULDER PATTERNThe stock has given breakout of INVERTED HEAD AND SHOULDER pattern & Retested
on the daily chart.
One can enter above 3054 with a strict Stoploss of 2970
Target 1 - 3200
Target 2 - 3280
Target 3 - 3360
#SWINGTRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
CUMMINS INDIA - TRIANGLE PATTERN The stock has formed Triangle pattern on the
hourly chart.
One can enter above 3737.30 with a strict
Stoploss of 3693.50
Target 1 - 3790
Target 2 - 3834
Target 3 - 3868
#INTRADAY TRADE
#CUMMINS
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
ITC Flag & Pole patternThe stock has formed flag & pole pattern on the monthly chart.
One can enter above 511 with a strict Stoploss of 422
Target 1 - 599
Target 2 - 640
Target 3 - 697
All levels are mentioned in chart.
#LONGTERM TRADE
#FUNDAMENTALLY STRONG STOCK
#ITC
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
LICI (pitchfan tool)LICI 6 month breakout with stock made ATH .
The chart shows the price movement of Life Insurance Corporation of India (LIC) on a daily timeframe. Here’s the analysis for swing and long positions:
The chart displays several trendlines which show the stock's downward and subsequent upward movement. The breakout above these trendlines indicates a shift from a bearish to a bullish trend.
Support and Resistance:
Support Levels: Around 950 and 1100.
Resistance Levels: Immediate resistance around 1200.
Volume Analysis:
Increased volume at the points where the price has moved upwards from the demand zone indicates strong buying interest at these levels.
Breakout Confirmation:
The stock has broken out above the trendline resistance and is showing strong momentum upwards, indicating potential for further gains.
for Swing Trading
Entry Points:
1) Breakout Confirmation: Consider entering a long position on a confirmed breakout above the immediate resistance level (1200). Ensure the breakout is accompanied by strong volume to confirm the strength.
2)Pullback to Support: If the price pulls back to the previous support level around 1100, consider entering a long position with a confirmation of a bounce back.
Targets:
1) Primary Target: Around 1300. This can be a target for taking partial profits or setting a trailing stop-loss.
2)Secondary Target: Around 1400. If the stock shows strong upward momentum and volume sustains, aim for this higher target.
Stop-Loss:
1) Initial Stop-Loss: Place a stop-loss just below the support level around 1100 to manage risk in case the price moves against the trade.
2) Trailing Stop-Loss: As the price moves in your favor, use a trailing stop-loss to lock in profits and minimize risk.
Market Conditions: Keep an eye on broader market trends and news that might affect the stock price.
for MORE check in my Tv-id " in.tradingview.com "
If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its.
"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
CONCORBullish Bat will be active once it reaches D point
Harmonics Bullish Bat
Buy level / Investment pick level
Sharing for education purpose, please consult your financial advisor
ACCACC is in downtrend
Please consult with your financial advisor before investing
Sharing only for educational purpose
According to BAT Bullish pattern D point is the reversal predicated according to harmonics patterns
Bajaj Finance - An AnalysisThe stock has been traveling into a rising wedge pattern for the last 2 years. Presently near the lower edge of the wedge. Reversed from the support on a red trendline many times.
If reversed from here, may go into a bullish phase.
If breaks the red line support ( around 6500) may come to the lower edge of the rising wedge pattern (around 6200).
Analyze according to your own setups. Act wisely and patiently.
The Above illustration is only my own view, only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
SEQUENT Intraday trade for tomorrow 13 Aug 2024If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
Jyothy Labs - Swing and Positional trade✅ Trendline breakout
✅ Volume Pop
✅ Stage 2 candidate
Good for swing and positional holding
AsianpaintBullish Bat harmonics pattern active now in Asianpaint
BAMM - is the concept where B point to D point will be so quick to give target.
This information sharing is only for educational purpose.
Please consult your financial advisor before get into it.
2000 Days Pattern breakout in Whirlpool I make educational content videos for swing / positional trading
Venkeys - Monthly Chart - Ascending Channel - LongVENKEYS is moving in a clear Ascending Channel with support at the bottom of the channel retested multiple times as shown in the chart.
The Price has again bounced after touching the bottom of the channel
Key Points:
Ascending Channel: The stock has been trading within a well-defined ascending channel for several years. The price recently bounced off the lower boundary, affirming strong support at this level.
Key Support Levels: The chart highlights multiple instances where the stock has found strong support at the bottom of the channel, reinforcing the robustness of this upward trend. Each bounce off the lower boundary has led to significant upward movements.
Disclosure: Invested at ₹1992.07
Disclaimer: This analysis is for educational purposes and should not be considered financial advice.
REVERSAL TRADE IN MANGLMCEMPrice approaching support trend line.
Overall, the structure looks strong.
Valid only if bounce sustains!
Buy TVS MotorBuy TVS Motor
It is forming a channel pattern and recently its tested its support and ready to go up.
You can buy it for SWING TRADING.
Bata - Long SetupIt is clear from the chart that the price is at the long-time support level of around 1550. if bounces back from this level, may go into a bullish phase. That may carry the price to 1720/1770 and even more.
Long time target seems around 2100.
This setup fails if the price trades below 1515 for a couple of days. Unless it comes above 1550 again. This point in time is good for this buy setup in terms of risk-reward ratio.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Doms Industries Ltd| Long Term Momentum InvesmentIncorporated in 2006, DOMS Industries Limited is a stationery and art product company primarily engaged in designing, developing, manufacturing, and selling a wide range of these products under the flagship brand, DOMS
Financial:
Market Cap ₹ 10,224 Current Price ₹ 1,685 Stock P/E 107
ROCE 34.4 % ROE 32.8 % Debt to equity 0.41
Promoter holding 75.0 % Quick ratio 0.41 Current ratio 1.22
Piotroski score 8.00 Profit Var 3Yrs 38.5 % Sales growth 3Years 22.8 %
Return on assets 18.1 %
This stock is momentum strong stock as well as everyone knows about this company . This is going to wealth creator in long time . as per my view this is hold and patient for long term if run in our favor.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and feel free to comment.
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.
Bajaj Finserv cash - Long SetupCMP around 1640 on 19.07.24
A breakout of an inverted head & shoulder pattern is spotted on a two-hourly chart. next target seems to be around 1700 in continuation. In the case of retesting the breakout level, support is around 1615-1620.
If it goes below 1615-10, it may go weak again. One has to trade with patience while maintaining risk management.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
