LONG SETUP IN MAZGAON DOCKA Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of NSE:MAZDOCK
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Flag and Pole
Technical Indicator :- Positive MACD Crossover
Longsetup
📊 Equitas Small Finance Bank Analysis - Week Starting 19th FebNSE:EQUITASBNK
Last Closing Price: 💵 107.20
50-Day Moving Average: 📈 Crossed Over @ 406.52 (Short Term Bull Run)
EMA & MA Crossover: 🔄 Pending @ 104.00 & 102.62 (Bullish Trend Re-establishment Expected)
Parabolic SAR: ✅ Bullish @ 99.00
Fibonacci Levels:
Closed Above 📏 0.382 @ 106.05
Next Target 🎯 Above 0.50 @ 108.05 (Strengthening Buy Signal)
MACD:
Signal Value: 📶 1.28
MACD Value: 📈 1.31
Stochastic RSI: 🔄 K58.67 ➡️ D32.73 (Bullish Crossover)
%R (Williams Percent Range): 📈 Upper Band @ 7.87
Fisher Transform: 🐟 Positive @ 1.42, Trigger @ 2.53 (Bullish)
🎯 Targets:
First Target: 🎯 110.15 (Fibonacci 0.618 Level)
Second Target: 🎯 112.95
🛑 Stop Loss: ⚠️ 99.60 (Fibonacci 0 Level)
⚠️ Disclaimer: This content is provided for informational purposes only. It is not intended as financial advice. Trading involves risks and is influenced by external market conditions. Conduct your research or consult a financial advisor.
#EquitasSmallFinanceBank #TechnicalAnalysis #StockMarket #NSE #TradingView #Investing #Finance #Stocks #BullishTrends #TradingSignals #MarketAnalysis #FibonacciLevels #StochasticsRSI #MACD #ParabolicSAR
Gold→ Cause of decline. Can gold fall even lower? 2265Traders! Gold is making new lows and there are a number of reasons for that. Price after Friday's sell-off is returning to the downtrend boundary, which determines our medium-term outlook.
So why is gold falling? The market is negatively affected by the strengthening of the dollar, due to positive Nonfarm Payrolls for the US market, which usually shapes the medium-term mood for the market. Traders also turned bearish on news regarding China's Central Bank suspending global gold purchases.
Technically, it is very likely that the downtrend on H1 will continue.
Resistance levels: 2300,2315
Support levels: 2291, 2267
I expect local strengthening ahead of the next decline. Traders may attempt to buy back some of the decline (collect liquidity) before further testing support with a view to a breakout.
Gold price today: Costed the price of 2300 USDThe current situation:
On June 11, 2024, gold price is trading around the psychological level of 2300 USD/ounce, increasing significantly compared to the previous closing. This increase takes place in the context of weakds of the dollar and the yield of bonds decreases slightly.
Impact factors:
-Global monetary and economic policy:
Investors are expecting monetary policy decisions from the US Federal Reserve (Fed) this week. It is forecast that the Fed can keep or cut interest rates that weaken the dollar, creating favorable conditions for the increase in gold prices
-Safety and investment bridge:
Gold benefits from the role of safe shelter in the context of economic and financial instability. With concerns about global economic growth and fluctuations in the stock market, investors are looking for gold as a safe investment option.
Forecast in the short term, gold prices are likely to maintain an increase trend if the support factors such as the dollar weakened and the bond yields decreased.
From the technical analysis:
Currently, the latest support threshold of gold is about 2310 - 2315 USD/ounce. Strong resistance threshold is determined at 2,385 USD/ounce. The breaking of this resistance threshold can bring gold to higher levels in the coming time
Update gold prices every day of the weekFundamentally, gold is under dual pressure from both the US and China, which are noted as two very important fundamental impacts on gold prices.
On the one hand, gold prices are under pressure because US macro data boosts market sentiment in favor of the possibility that the Fed will have to keep interest rates high for a longer period of time, which is beneficial for the USD and metals. unattractive quarter.
On the other hand, China stopped buying gold after 18 consecutive months of buying, also making the market worried about profit-taking time. It is also possible that this will help the gold price adjust down so that the Central Bank of China can continue to buy at a better price, because they just stopped and did not sell. However, we (short-term traders) will be affected by this because it creates surprises in the market.
There is nothing new in the geopolitical situation, so for the time being, we basically need to pay attention to US data and China's gold buying activities to quickly orient to changes without facing many uncertainties. doubt.
Plan to trade on June 10
👨💻 XAUUSD SELL zone 2335 - 2337
🔹SL 2340
🔹TP 2330 - 2320 - 2310
In addition, Buy Scalping bets will be updated continuously, so please follow the group to earn the best profits ❤️❤️
Wishing you Full City
AUBANK TRIPLE BOTTOM SUPPORTAUBANK
CMP 669
Formed a TRIPLE BOTTOM support at 635 and bounced strongly
But,
Now small resistance is 690--700
If sustained above it can pump upto 720 / 740 / 760 / 780 WITHIN SHORT TERM
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But recently there was a huge gap up in this stock around 23rd april....
This gap filling is pending..........
So below 630 this GAP can be FILLED....
AND 575 WILL SUPPORT AUBANK TO BOUNCE
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Regards...
Keshav..
05/11/2023
BHARTI AIRTEL BUY SETUPBharti airtel Currently following a Great uptrend channel from many weeks.
RSI hidden bullish divergence confirmation.
Planning to Buy with an Previous candle stop.
HIGER TIMEFRAME RSI LEVELS > 60.
DAILY RSI CROSSED > 60.
Will buy on every dip 10 SMA.
MOMENTUM GAME BEGINS FROM HERE.
HAPPY TRADING.
IRM Energy LtdNSE:IRMENERGY
Long Position on IRM Energy
Trade Execution:
Entry Point: Buy at the current market price of 460-465.
Target Price: 530/580/640
Stop Loss: Below 430.
IRM Energy, a leader in the renewable energy sector, presents a compelling long investment opportunity due to its robust financial performance, strong market position, and favorable industry trends. The company's recent expansion into emerging markets and innovative technology development are poised to drive significant growth.
Favorable Industry Trends:
Global shift towards renewable energy driven by environmental concerns and regulatory support.
Increasing government incentives and subsidies for renewable energy projects.
Rising demand for clean energy from both residential and commercial sectors.
Technical Analysis
Strong Support Levels: The stock has shown solid support in the 430-450 INR range.
Technical Indicator: The Relative Strength Index (RSI) indicates that the stock is currently oversold.
Risk to Reward Ratio: The current setup offers an excellent risk to reward ratio
IRM Energy is currently trading at a Price-to-Earnings (P/E) ratio of 21, below the industry average of 30, indicating potential undervaluation.
Thanks & Regards
S_Rawat
Disclaimer:
The trade idea presented is for educational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and may not be suitable for all investors. You are solely responsible for your own trading decisions and actions. Please conduct your own research and consult with a qualified financial advisor before making any investment or trading decisions. Past performance is not indicative of future results. Trade at your own risk.
Thanks
DMART - Is 20% upside from current levels probable?Hi Traders,
This morning my screener filtered 'DMart' among few other stocks. When I looked at it on the weekly charts I found some key info that might be pointing that this stock will likely be heading up.
10 Weeks Volume Analysis
Up volume is over 6 times down volume (more buying than selling)
8 weeks closing Green and only 2 weeks closing Red
Buying Trades Value Rs.9000Cr. Selling Trades Value under Rs.1500Cr. (Less investors are selling at current prices.)
PA operating above 3 months range.
Observation
Usually when a stock's data shows such information most of which is positive, then it is very likely to be heading up. My set up shows it can attempt 5600 level which would be 20% from current level.
While I am documenting this information for my own personal reference and study, I am indeed taking a position in this stock based on the above reasoning.
TradingView strongly recommends that you do your own research when it comes to investing. That is my advice too because you and you alone are responsible for your actions in the Market and in life.
I would be happy to hear any views on this stock or any other and you can feel free to reach me.
All the best
PriceCatch
PSB Breakout Long Buy predictionPunjab & Sind Bank is engaged in the Business of Deposits, Loans & Advances, and Remittances & Collections.
If we look at the chart:
The market has broken multiple bullish pattern confirmations. It has a broken flag & pole, and descending triangle while having a very strong volume at the breakout. If we look at the RSI, its crossing 60 to the upside can be a good sign of long-term bullish for the stock.
Investors of short term traders can proceed with the stock as follows:
you can execute the trade with R:R of 1:4.
Plan of Action:
Buy: LTP (64-65)
Stop loss: 60
Target1: 76
Final target 82
Nifty50 Channel Breakout Confirmation: Key Level to WatchWe are observing a potential channel breakout in the Nifty50 index from 03 MAY to 03 JUN. To consider this breakout valid, the index must sustain above 22,350, confirmed by a 1-hour candle closing above this level. Keep an eye on this threshold for confirmation of the breakout.
M&M - EW - Long TermStock is on an ongoing impulse in daily, weekly, and Monthly timeframes.
Currently in 3 wave of short term. and 5 wave of Long Term.
Stock must be accumulated at every dip. The target zone is marked on the chart.
The analysis is only for educational purposes. Please trade at your own risk
CROMPTON Rocket setupCROMPTON is getting ready, take it as a warning. You will regret it if you miss it. As soon as the volume breakout happens the price of CROMPTON will jump to touch its all time highs.
TARGET - 496
SL - close below 9 ema on daily time from
CMP - 392.45
if you have enough patience you can hold it for even bigger targets. Nobody knows the future , MANAGE YOUR RISK ON MOST PROBABLE OUTCOMES .
SBI CARD - Support levels will save bulls & Time for Reversal ?SYMBOL - SBICARD
SBI Card & Payment Services has been in downtrend since a long time.
It is now trading at major supports levels once again.
A long position can be made at current levels for trading/investment purpose around 700-710 as risk : reward is very good at CMP.
SL can be 680.
Targets for trading purpose can be - 745 & 765.
For Investment, Targets can be - 770 - 840 & 920.
For investment purpose, I will not be surprised if it gets 2x or more from here in next 2 years.
Disclaimer - I have made long position in futures & I'm sharing my position & my analysis. This is not a buy/sell recommendation.
CAMPUS ACTIVEWEAR LTD. Stock AnalysisTechnical Analysis Overview
Current Price: INR 288.95.
Moving Averages
Short-term (20-day), Mid-term (50-day), and Long-term (200-day) moving averages are all below the current stock price, confirming a bullish trend.
Alignment: The bullish alignment of the moving averages (short-term > mid-term > long-term) supports the continuation of the uptrend.
Indiamart - long setupCMP 2530 on 29.05.24
It can be seen on the charts that the price has reversed many times from the trendline in the last around 2 years. If the pattern continues, may go bullish again.
The risk-reward ratio is quite good at this level.
This setup fails if the price sustains below 2475.
Targets will be 3000 or even more.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
Bullish breakout in Kellton Tech SolutionA Bullish Breakout of Inverted Head and Shoulder pattern is visible on the Daily chart of NSE:KELLTONTEC
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
Central Bank Breakout analysis to buyCentral Bank of India is a commercial bank. The Bank's segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business. The Treasury Operations segment includes dealing in government and other securities, money market operations and Forex operations.
If we look at the chart:
The market has broken multiple bullish pattern confirmations. It has a broken Sideways Range, Head and shoulder, while having a very strong volume at the breakout. If we look at the RSI, its crossing 60 to the upside can be a good sign of long-term bullish for the stock.
Investors of short term traders can proceed with the stock as follows:
you can execute the trade with R:R of 1:2.
Plan of Action:
Buy: above 69.40
Stop loss: 66
Target1: 75.75
DIVIS LABENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.