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
Longterm
L&T Finance Holdings-Slow and steadily looks to flyBuy in chunks between price zone 61-72, add further if it starts closing above 82.
Important break and make level if it closes below 66, then reduce quantity and wait to recover.
Stoploss @ 60 on daily closing basis.
Target 100,115,140
Timeline- Midterm to Longterm
Note-Only for educational purpose.
Bullish in VRLLOGDisclaimer: I am not a financial advisor, all information shared are ideas shared, take your entries based on your own analysis or taking advise from your registered financial advisor. We are not responsible for your profit or loss if you take up idea from this chart.
Took support multiple times near 590 can play long term. Strong trendline break-out. Entry, Stop and Profit as per RR ratio.
Long Term Accumulation Phase IIFLSECDisclaimer: Take advice from your Financial Advisor before taking trade. This idea shared just for educational purposes only. We do not take any responsibility if you are taking trades based on shared analysis or chart. This is just an idea.
Watchlist Alert: Its moving in Channel, currently under accumulation phase, keep this stock in your watch list for days to come.
Avanti Feeds: Ready to shootAvanti Feeds :
Is forming a strong symmetrical triangle pattern on weekly timeframe at LTP: 507.35 and has been taking continuous supports on the primary trendline(yellow-dashed) and is respecting the trendline ever since 2016 till 2022 today.
The sudden rise in shrimp demands from china and USA has overpowered company's exports with good receivables too. This has happened for first time since covid-19 when the company's exports are in demand majorly by china. Being the Market leader in Aqua Culture and seeing Demand for the culture and Supply capabilities of the company. The stock looks poised to witness an uprise now from fundamental and technical aspects.
Key levels:
Support 1: 475 (7% downside)
Support 2: 416( Crucial)
Resistance 1: 587
(14.62% gain; Expected Time : 1-2 months)
Resistance 2: 670
Resistance 3: 770 (52.37% gain; Expected Time : 3-6 months)
Siyaram Silk Double Head and shoulder - Asymmetric Triangle.NSE:SIYSIL
View : Bullish for Short -Medium - long term.
Observation:
Head and Shoulder Pattern Completion with neckline 456.00.
Breakout Level Necklne of Inverted Head and Shoulder : 446.00
After breakout level tested multiple time and this week the chart broken important trendline.
Green trendline will act as Support till 390.00
CMP 28 January 2022 (Friday) = 444.35
Buy : or > = 445 or As soon as Assymetric Trinagle (Pennant) Breakour Upside
Stop loss For long term : Not more than 4% (Not less than 396).
Target for short term : 455-460-480-490
Target for medium term : 455-480-500-560
Target for Long term : 456-500-600-626-650-698-750 ++++
Avenue Supermart Or DMart Buying zone with HammmerNSE:DMART
Avenue Supermart (D Mart) Time frame : Daily
Strong Support : 3242 - 3330-35
Support Retested at 3331
Price Action : Hammer at Support inside buying zone 3205-3357.
View : Long term BULLISH above 3407
Trade : Buy @ or above 3407 after open
Stop loss : For Long term 4% or 3270. For Swing Trade 3304. For Intraday 3363
Target: 3530 - 3650 - 3740- 3945 - 4050 - 4230 -4395 - 4500
Inverse Head and Shoulder pattern in Natural gas -1hr time frameNatural gas is given the Inverse Head and Shoulder pattern. Price broke out from the neck line and has retraced. This pattern will become more sustainable and powerful if we see another rally on the upside thereby confirming the greater chances of successful completion of the pattern. Fundamentally, natural gas prices are bound to go up given the shortage of it in European Markets arising due to bottlenecks in production and supply of it from Russia. Hence, this could be a great opportunity to go long once the upside is confirmed.
Note: If prices go below the right shoulder before it goes up, this pattern can be ignored.
R Systems - Ready to Fly?May show an up move anytime now (multiple inside bars formed in weekly time frame. Breaking anyone would have a cascading effect).
Safe Entry above 249.85 for targets 284/354/++++ (clear blue sky) -
Drawing and deciphering some charts give a strange satisfaction...This is one of those charts..!
#PriceAction analysis is Amazing..!