Longsetup
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.
PVR - Positional Long SetupCMP 1349.30
The stock is showing reversal signs in the last few sessions. The logics are indicated on the charts.
MACD is also showing reversal signs even on weekly charts.
Above all, the risk-reward is pretty good at this point.
If gains momentum over 1350, targets may be 1460/1550/1640.
If sustains below 1300, that will show weakness on the charts. One has to plan an exit according to risk management.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Cello Worlds Ltd (Long Trade setup)NSE:CELLO
Company Overview: Cello World Ltd
Cello World is a leading Indian consumer product company mainly dealing in writing instruments and stationery, molded furniture, consumer housewares, and related products
Technical Analysis:
Support from Trendline and Rising Channel Formation:
Cello World Ltd has shown strong technical patterns, including support from a trendline and a rising channel formation, indicating bullish momentum.
Trendline Support: The stock has consistently bounced off a well-defined upward trendline, suggesting strong buying interest at lower levels.
Rising Channel Formation: The price movement has been contained within a rising channel, characterized by higher highs and higher lows, which typically signifies a bullish trend continuation.
Investment Idea:
Buy Setup :
Entry: Buy above 900 levels, as this confirms strength in the ongoing uptrend and breaks through potential resistance.
Targets: Initial targets are set at 975 and extended targets at 1075, reflecting potential upside based on the current technical setup and market conditions.
Stop Loss: Place a stop loss below 870 to manage risk, ensuring protection in case of a reversal or unexpected downturn.
Conclusion:
Cello World Ltd presents a compelling technical setup with support from a trendline and a rising channel formation, suggesting a bullish outlook. Investors could consider entering the stock above 900 levels, targeting 975 initially and potentially extending gains to 1075, while managing risk with a stop loss at 870. Always consider market conditions and your own risk tolerance before making investment decisions.
Thanks & Happy Trading
S_Rawat
Disclaimer:
This idea is shared for educational purposes and should not be interpreted as financial advice. Please conduct your own research and consider your individual financial circumstances before engaging in any trading activity.
Birla SoftBirla Soft
Details mentioned in chart itself!
CA Diptii Saeth
NISM and NCFM Certified Technical Analyst
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.
