IEX - 100% RETURNS?BUY - INDIAN ENERGY EXCHANGE
CMP - Rs. 152
Target - 1: Rs. 172
Target - 2: Rs. 196
Target - 3: Rs. 246
Target - 4: Rs. 301
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Technicals - Ascending Triangle - Chart Pattern
Bullish Harmonic Pattern
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This post is for educational purposes only. Invest at your own risk.
Longterminvesting
Trendline and Range StockThis is simple Monthly Chart of COLGATE PALMOLIVE (COLPAL) and it is respecting the trendline and the resistance line, thus in a UPTREND CHANNEL since 2009.
Long term trend always prevails in the market, Even if someone is stuck in a stock at wrong time but if its longer trend is in uptrend there are high chances that it will recover some day.
High time frame analysis has its own benefits such as higher returns, less follow up , dividends and other benefits. It could be seen as an investment perspective as well.
This time there is a BULLISH HAMMER candle made in february 2023 at the support of the trendline. This is the one of the simple analysis which shows that investment and trading in the market is easy and doesn't require rocket science. This is a favorable RISK-REWARD opportunity with a very small Stop loss at the low of the last hammer Candle.
ENTRY can be made at the current market price of 1488
STOPLOSS can be on the closing basis on the last candle i.e. at 1430 (Logic behind closing basis is that it is currently in an Uptrend so if it wants to go in a downtrend it will require a strong downside closing confirmation for the same otherwise if the price goes below the low of the last candle, Buyers may come and can take the price up again)
REWARD - the first target would be the last swing/Resistance that is 1674 and then at its last high of 1800 and then next target would be the resistance which is likely to be 2000.
*this is a Monthly Analysis, so requires longer patience.
*keep position Sizing according to your Risk Appetite.
*Market is simple, don't make it complicated, Simple things works, It is just a probability Game.
One can take ReEntry if it gives another opportunity but be ready to give SL.
MTAR Technologies Ltd. is good for Long Term Investment.MTAR Technologies Ltd. is in the business of manufacturing of various machine equipment, assemblies, sub-assemblies, and spare parts for energy, nuclear, space, aerospace, defence and other engineering industries. As per Elliott Wave Analysis on weekly chart waves 1 & 2 are completed. Wave 2 is retraced more than 61.8% of wave 1 & shows simple Zigzag correction. Wave 3 is about to start & this is the good time to invest in this company to capture 3rd wave. Good byuing zone is from 1437/- to 1572/- or conservative investors should start byuing above 1800/-. As per Elliott Wave Theory, wave 3 targets should be 2908/-, 3308/- & 3947/-.
Uptrend Continues in MAS
Good Day,
Hello Traders,
See how beautifully it is following Fibonacci Levels as the rounding bottom is completed
Now the next targets lined up are 909/ 971 / 1048 / 1188
Time Frame: Daily
Hold for 8 to 12 months.
It also depends how market behaves, however the trend and the sentiment is
bullish .
Chart Self Explantory.
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.
TATA COMMUNICATIONS LTD - Long Term + Cup & Handle Breakout Soon📊 Script: TATACOMM (TATA COMMUNICATIONS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY MID CAP
📊 Sector: Telecommunication
📊 Industry: Telecom - Infrastructure
Key highlights: 💡⚡
📈 Script is about to give cup & handle breakout, technically script is looking good for long term investment.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1258.95
🟢 Target 🎯🏆 - 1400
⚠️ Stoploss ☠️🚫 - TRAILING
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Why Wipro is best bet for long term I have shared Wipro weekly chart and marked Elliot waves considering wave 1 to start after corona crash.
If you can see the 5 waves got completed in month of Oct, 2021 where high is 739.85.
As per standard Elliot wave principle a correction after wave 5 should get completed in or around where wave 3 and wave 4 is terminated.
This is standard as per book definition of a pull back or a healthy correction.
So as you can see in the chart shared we are trading in the zone where wave 3 and wave 4 got terminated in last cycle.
I have also drawn a blue colour trend-line which is holding the downside for wipro so far.
Looks like soon it will start trading above this trend line and thats the sign of reversal.
Another sign of possible up-move from here is RSI.
RSI already shown a positive or bullish divergence and now the price should start moving upside.
Keep an eye on the stock, so far so good all the Elliot wave principle and RSI is good enough reason to start accumulating this stock in the long term portfolio.
In any case keep the strict SL of 390 on closing basis because if we get any closing below this that will violate the Elliot wave principle that I mentioned above.
MultiBeggar Stock This Stock is for Long Term Investment.
Buy 70-75
SL - 65.50 Strictly Follow Stoploss
Will history repeat itself on AARTIIND?Current price correction of 43% and finding support at 61.8% FR Retracement level are in line with past major corrections. RSI is also turning from its historical Oversold zone. The stage is set for a turnaround in the stock. One can look to invest for a longer term target of a new all time high on the stock with a stop loss of Rs.650!
Reliance Parallel Channel Strong Confluence Circle I daily make market analysis videos and posts on Financial markets
SR means Support and Resistance
PC means Parallel Channel
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
Zydus Lifesciences Long-term trend AnalysisZydus Lifesciences Long-term trend Analysis
1. In a position of value buying zone.
2. It's started accumulating it may take 2 months to 1-year period of time.
3. If you are a Sip investor try this stock for the next 2 years.
4. First Target will be 750.
5. Advantage is It's in a very low PE ratio now.
6. There is no bad sign from promoters since they are ready to buy back this share for 650 now the CMP is 350.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...