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
Longsetup
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.
Metropolis - Keep On RadarCMP 1817 on 02.05.24
The stock price has tried several times in the last 12 months to cross the resistance levels around 1800. This time consolidating near the zone. If crosses this time, may go to 2250.
One has to choose the position sizing carefully, keeping the risk management or exit in mind.
This is only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Adani Ports - Long SetupIt can be clearly seen that the stock price has been moving in a rising parallel channel for the last two months. If the pattern continues, the price may go to 1380/1420/1450.
This setup fails if the price remains below 1300 levels.
The above illustration is only my view. Only for learning and sharing purposes, not a piece of trading advice in any form .
All the best.
Piramal Enterprises- Breakout Possible 📈 Needs to close above 1114 and stay there for the next stage of accumulation to begin. All levels given on the chart. Follow a strict Stop Loss at 953 or 10% below purchase price for higher safety. 🧿This one has legs....Buyback at 1250 complete by Mr. Piramal. Next up on a fundamental basis would be increasing retail footprint or sale of more ancillary biz to focus on the retail NBFC opportunity. India needs 10 more co's the size of Bajaj Finance to get to where it's going. PEL will be one of them IMO. Long term wealth creator...🥂
PLong
INFOSYS - ANTICIPATING REVERSALSymbol - INFY
INFOSYS is currently trading at 1445.
1450-1400 is a good support area for INFY.
I'm seeing a trading opportunity on buy side.
Buying INFY Futures at CMP 1445.
I will be adding more if 1425 comes & hold with 1395 SL.
Targets I'm expecting are 1495 - 1570 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BO of Cup & Holder Pattern and Fib Ret 1.618 LevelCompany results are good and fundamentally strong.
Breakout of Cup and holder pattern in daily frame,
Long term - Very positive.
Potential upside of 13% in short term and 27% in Med-Long term from the current levels.
Fib Retracement level of 1.618 broken and stock is trading at ATH levels.
ITC, Weekly Review | Trend Positive | Strength MediumThe nature and degree of separation in both bands indicates the price could resume its uptrend. On the upside the range of 10% could be tested. And on the down side the range is 9%. For a positional trade the level of 416 can be used as a stop loss and for target the level is 480.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.






















