Akg Exim LimitedAKG:- Stock has given breakout on weekly chart. keep on radar.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
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Ajay.
keep learning and keep earning.
Longterm
Dot long - double bottom on breakoutDot coin is creating a double bottom pattern which is about to breakout on upside.It is reteting on a lower level now.It could retest from the neckline another time and then will make a long move.RSI is also making a bull divergence.After retesting a long trade can be initiated of 1:2 R:R .Entry and exit level are as shown as the image.Check it out.
ITDC : +62% to 597% Upside PotentialITDC 27 Nov 2022
We witnessed a sharp rise in price which is supported by volume, exactly at the TL after a long period of consolidation.
In Play : HH-HL
Summary
• Sharp rise in Price
• Price rise supported by volume
• POC 404
• Resistance 466 (Pre SH)
• ATH at 747
Conclusion
• CMP - 404.55
• Test qty can be initiated on break of TL
• Add to the position on RT-TL
• Higher Targets could be around
o Short/Mid Term - 546-659
o Long Term – 1137-1693-2821(we will watch for supportive price action to confirm higher targets)
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
LTILTI:- Cup and handle pattern has formed watch the stock for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ABCAPITALABCAPITAL:- Stock is forming both double bottom and W pattern on weekly chart and is going to give breakout for 5 years keep watch.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Wipro breaks out !After a few bearish days, many stocks broke out fro. found bases wipro breaks out of a superb triangle pattern and looks promising
to go upwards.
it is at its bottom and very good chance for a long term trade or even investment based purely on technical analysis
stop loss below the triangles support
and target1:3!!
Keep It Simple
nifty longterm , weekly chart analysisnifty current 18080,18100 support lvl(day S lvl)
nifty current resistance 18373,18440,18614(day R lvl)
head and sholder pattern , and weekly , daily channel pattern formed
if Market breakout it will be nifty range 18600-18800-19500( imaginary points).
breaish side 17800-17500 strong bear market ,(known).
but , nifty sign on longterm investment(if breakout).
market now consolidation, avoid sideways market.
LINCOLN PHARMA LTDLINCOLN:- The stock has formed a descending triangle pattern and has also given a breakout of the trendline. Keep an eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
TATA STEEL LTDTATA STEEL LTD:- As we will see in the above chart, after a long consolidation the stock has now broken the range and given an upside-bullish continuation pattern.
Now we are expecting an upside rally to continue in Tata Steel
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning
MARUTIMARUTI:- formed rounding bottom pattern...
keep on radar. wait and watch lets break the resistance
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning
GICREGICRE:- soon breakout keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
PDMJEPAPER good to watchNSE:PDMJEPAPER
Good to keep on the radar
Always respect SL & position sizing
======================
Trade Secrets By Pratik
======================
Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
ATUL AUTO, Will it be one of the best stock in coming rally ?Hello Everyone!
You may or may not have heard of this company but one thing I am sure of is that, if you you are not superrich you must have used its product (Google it🙂). Well anyway we only consider technicals here, and on chart it is looking quite strong, let's analyze it.
1. 7 year trendline breakout with volume(refer chart).
2. Higher low and higher high formation. If we look in monthly chart it has made bottom at 120 during Mar'20 crash, after that it moves up slowly
to test its last high but failed in doing so and fall down. One thing we can notice here is that during this fall it doesn't break its bottom and
consolidated which was giving some initial hints of strength (i.e., institutional buy), it consolidated at that place for some time and last month
it has given breakout with a huge gap up forming higher lows and higher highs.
3. Stock is at the area where it got rejected in mar'20, and is holding this level from last 21days w/o any sign of weakness.
4. Volume of the stock is considerably high after mar'20 crash but price has not moved anywhere giving indication of accumulation.
5. W- pattern with strong 2nd leg(refer chart).
6. Last point is the high RR ratio. Since with current entry SL will be below the strong candle of 24thOct'22 which is 8% and we are expecting
price to move to 700.
If you have any point in addition or against above points, do mention in comments.
Thanks!
Simple Analysis on Nifty This is Monthly timeframe on Nifty 50 index.
We have seen strong momentum since 2020 bottom and it have retraced to 0.23 fibo level.
In consolidation for months and now it is in very strong resistance zone.
Critical levels, make or break. My view is bullish backed by the last month's candle closing.
This post is for information purpose only.
NHPC: Buy on pullback: Monthly chart saucer formationNSE:NHPC has an interesting formation in the monthly chart, a perfect rounding bottom / saucer formation. It can be flying saucer as well :)
Some features noticed in monthly chart:
A 12 years long Saucer formation breakout. ATH attained.
There is a clear ascending triangle, basically a nice uptrend channel (shows as cyan colored channel in the chart).
Of course we shall not jump into buying. Shall wait for a pullback on the green horizontal support like (around 41) or even better around the dotted cyan line (of the channel) around 37.
Buy around 40 (or more retracement upto 37) with a SL of 33 for a target of 50+ (upto a year holding).