Get started

Longterm

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
NSE:TATASTEELLong
by AjayDhakad_Keep_it_simple
2
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!
NSE:ATULAUTOLong
by sudhanshu_raaz
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).
NSE:NHPCLong
by pradipandsuvra
HBL Power : Perfect Example of Fibonacci Levels Good Day , Hello Traders, HBL Power is one of the best dark horse, Consolidates then moves. Fibonacci Levels are been respected perfectly as you can see the levels of 122 achieved and now it retraced a bit . Gearing up for the next level of 152. Good candidate for Long term perspective. Chart Self explanatory Time Frame : Daily Disclaimer : I am not SEBI registered analyst, this is for educational purposes. Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.. If you really like the analysis , please do comments, LIKE and Follow me.
NSE:HBLENGINELong
by Piscean17th
IDFC First Bank: A chance to enter from long term perspectiveIDFC First Bank - The stock has recently saw a rally from 28 odd levels to 53 levels in 3-4 months - thereafter the stock has seen distribution at 50 odd levels - now the stock has seen a correction of approximately 13% from the top If some one has a long term perspective, one may consider buying the stock in parts 50 day EMA is around 45 200 day EMA is around 42 Have plans and preparation to accumulate the stock, if you see the above levels Target 66 / 80 Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:IDFCFIRSTB
by indiamarketoutlook