DCX SYSTEMS LTD - DOWNWARD CHANNEL BREAKOUTRSI Breakout is done and it is sideways for consolidation & setting up base. 📈
This week one big green candle is expected for breakout in main chart 📊
Target 1 - 430
Target 2 - 570
Longsetup
BSHSL double channel breakout BSHSL chart is growing with double down rising channel symbol of double strong reversal
Technical points
1- Double channel breakout
2- strong bottom at 180 that is support zone
3 - resistance at 220 that is supply zone
4 -breaking down rising channel at 250
5 - Any time big investors came in that share and zoomed in on life time high 665
BUY above 220
TRG 1st - 300
TRG 2nd -400
TRG 3rd - 500
final trg life time high 650 and 663
SL 180 - 148 for the short term and long term investors
NMDC Breakout Soon NSE:NMDC
1. Wait for a breakout from the descending channel.
2. Alternatively, wait for the stock to take support in the marked green zone and watch for a reversal.
3. If the support level is broken, a further downtrend is likely (the stock is already in a downtrend).
TATA TECHNOLOGIES LTD FALLING WEDGE BREAKOUTTata Technologies Limited
It has shown Termendous breakout with
3 weekly higher high closing candles which will lead to two big green candles in short term-
for a target of 1400.
Then it will consolidate before starting next leg of run-
For target second that is of 1830.
Yuken India ready for another big breakoutYuken India is settingup base for another leg of run.
1. First big base then RSI breakout
2. Small base with again RSI breakout
3. Tight consolidation for long period with narrow range then again RSI is ready for breakout
Target 1- 2450
Target 2- 3100
Disclaimer: No BUY/SELL Recommendations just for education purpose
LODHA Trade Analysis for Buy using Wyckoff methodWyckoff Story
Prior to trading range we were in uptrend and then we have Stoping action and CHoCH (Change of character). Let’s assume our bias is accumulation based on CHoCH as we don’t see lot of supply in the CHoCH.
Down wave Analysis
We can see that the volatility of the down wave is decreasing from Phase A to Phase D, confirming the accumulation Bias.
Volume Analysis
We have supply decrease from Phase A to Phase C indicating supply is being absorbed.
Sign of Strength
we have Major sign of strength in phase D with good demand volume indicating institutions are present in buying.
The Backing Up Action (BAU) has less supply indicating sellers are absent.
Final View
Bullish on stock
BEST TRADE YOU CAN TRADE THIS YEAR THE POKARNA Stock is ready for breakout at level of 950 to buy
fii and dii increse thir holding continusoly
stocks deliver good financialsupport to technical
stock form 2 year of cup with strong breakout now
if you see on weekly candle aftera breakout candle pause nad then ready to buy
Tata elexi Trendlyne Breakout Tata Elxsi giving early signs of short term reversal from bottom formation,adding here on dips till 6970-6900 support zone. Risk reward favourable.
Keep an eye
Petronet LNG - Bullish viewI have entered the marked level for swing trade.
Reasons for buying:
1. Breakout at 1 H time frame.
2. Stock is trading at all time high. These stocks generally perform good after breakout.
3. Breakout 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.
IRCTC : Time to travel.NSE:IRCTC Good buying opportunity in IRCTC .
BUYING RANGE: 650-660 ( After breakout)
Case1-
Good to buy after breakout of the Trend line ie. @650-660.
Put Stop loss of 610.
Case2-
Second opportunity : if found around the Previous Demand Zone of 560-580.
Put Stop Loss of 545-50
TARGETS :
T1- 710
T2- 765
T3- 840
T4- 920
WHY IRCTC:
1- Breakout of long term Trendline.
2- Taking good support from the Demand zone of 560-600
3- Good Risk to Reward Ratio.
Thanks for your Support.
Disclaimer:
This idea is only for the Educational purpose only, Kindly trade at your own Risk.
RITCO - SWING TRADEGood up move, followed by a consolidation.
Finally moving out of a range with good volumes.
Good swing trade setup!
PPLPHARMAIMPORTANT POINTS
1. RSI - 60 CROSSED ON MONTHLY CHART
2. CUP BREAKOUT OVER ONE YEAR
3. SECTOR BREAKOUT
4. Trading at 35.2% below our estimate of its fair value
FUNDAMENTALS
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Inverted Head & Shoulder PatternInverted Head & Shoulder Pattern formation, with good Volume Build up.
Standing on a Multi-Year Break out & Double Bottom Chart PatternStanding on a Multi-Year Break out & Double Bottom Chart Pattern is also Seen. Volumes is Also Health and Building Up. if it Does Break Through this Resistance then We Might See a Strong Uptrend in Jubilant. Wait for the Break out and a Pullback After the Breakout.
#ACCACC Bullish Bat harmonic pattern will be active at D point
Sharing this idea for educational purpose only
Reversal prediction is easy in Harmonics technical analysis
EURGBPHi guys,
In this chart i Found a Demand Zone in EURGBP CHART for Long entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
RUPA - DARVAS BOX BREAKOUT DAILY CHARTThe stock has formed DARVAS BOX pattern
on the DAILY chart.
One can enter above 342 with a strict Stoploss of 320
Target 1 - 360
Target 2 - 380
Target 3 - 400
#SWING TRADE
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.
Aarti IndustriesAarti Industries:
The stock corrected around 20% in last one week from its resistance levels. And, currently the stock is at good demand zone.
The stocks can be added in portfolio and can be accumulated till Stop Loss of Rs. 563 is taken out on daily closing basis.
Please note that while adding any stock in portfolio, add the amount in multiple tranches instead of putting whole amount at once.
Also the stock is at major support level of 250 MA Weekly and support of lower bollinger bands in weekly!
Note: The above analysis is for educational purpose.
-CA Diptii Saeth
NCFM and NISM Certified Technical Analyst
EURUSD: Confirming the bullish recovery trendEURUSD is moving around 1.1079 today and the bullish move seems to be still strong.
On the analytical chart we can clearly see that EURUSD is on the rise of the uptrend with increasing confirmation highs and lows.
The EMA 34, 89 are still giving good signals for the buyers and the price breached above these two EMAs so the continuation of the upward move is still preferred.
Good luck to you, don't forget to leave your comments in the comment section.
XAUUSD Analysis Today (August 20, 2024)Hello everyone,
After a period of consolidation within an ascending triangle, gold has broken out and is now approaching the psychological level of $2,520. This is supported by the rising trend line and the bullish crossovers of EMA34 and EMA89, confirming the current bullish momentum.
Based on the technical analysis, the uptrend of XAUUSD is likely to continue in the near term. The next target could be the strong resistance zone at $2,530. However, if there is a correction, the support zone at $2,505 will be the key price level to watch.
PCBL - Bullish viewReasons to buy:
1. Stock is trading at all time high. Breakout in one day chart has already occurred.
2. Buying at retest.
I have entered the trade at market level.
All my trades are strictly for educational purpose. Please do your own analysis before entering the trade. I am not responsible for your profit or loss.
