Medium term trading opportunity in Aarvee Den for V. good UpsideHi,
NSE:AARVEEDEN has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Longtermtrading
Medium term trading opportunity in Tirupati for > 20% upsideHi,
NSE:TIRUPATI has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Ascending Triangle in formation. Price Action:
1. **Ascending Channel**: The price is still moving within an upward sloping channel. Currently, the stock seems to be testing the lower trendline of the channel, which has served as support in the past. A break below this level could lead to a deeper correction, while a bounce off this support could trigger a rally toward the upper end of the channel.
2. **Downtrend Line**: There is a descending trendline acting as resistance for the recent price action. This line connects the peaks from July 2023 onward. If the price breaks this resistance, it may signal the continuation of the bullish trend.
3. **Volume**: The volume bars show a spike in recent sessions, indicating increased activity. This could be a sign that the stock is approaching a pivotal point. If the price breaks either above the descending trendline or below the channel, this volume could support the momentum in that direction.
### RSI:
1. **Current RSI**: The RSI is around 52.79, close to the neutral zone. This indicates that the stock is neither overbought nor oversold at the moment, but the RSI is still following a downtrend line, meaning the momentum is not strongly in favor of the bulls just yet.
### Potential Scenarios:
1. **Bullish Scenario**: If the price can break above the descending trendline, it might resume its uptrend within the channel. The target would be the upper boundary of the channel, around ₹220-₹240. The volume increase supports this possibility, but the RSI trendline needs to be broken for stronger confirmation.
2. **Bearish Scenario**: A break below the lower boundary of the ascending channel would invalidate the bullish trend. This could lead to a more significant downside move, with potential support around ₹150-₹160. The RSI divergence could further support this breakdown scenario.
### Conclusion:
L&T Finance Ltd. is at a critical point, balancing between its support and resistance levels. The next few trading sessions will be key in determining the direction—whether the stock breaks out above the downtrend line and continues upward or breaks down below the channel and sees a correction.
Posted for my own analysis as I learn to trade based on the technicals.
LTIMINDTREE LTDLTIMINDTREE LTD
Pattern :- symmetrical triangle pattern.
A breakout from the triangle has occurred, suggesting a potential strong bullish movement.
Target :
The chart includes two projected target levels (1st TRG and 2nd TRG), indicating potential price targets post-breakout.
1)1st Target: Around INR 7,588.80
2)2nd Target: Higher, possibly indicating a significant upward move beyond the 1st target.
Entry Point:
Since the breakout has already occurred, an entry near the current level (around INR 6,127.55) could be considered. However, waiting for a minor pullback to the breakout level (around INR 5,900 to INR 6,000) might offer a better risk-reward ratio.
A conservative Stop-loss can be placed just below the lower boundary of the triangle, around INR 5,450. This would minimize potential losses if the breakout proves to be a false move.
Market Conditions and News:
Check for any news related to LTIMINDTREE LTD, such as earnings reports, management changes, or sector-specific developments. Such news can significantly impact the price and should be factored into the trading decision.
Broader market trends, such as the performance of the IT sector and the overall market sentiment, should also be considered.
The breakout from the triangle pattern and the increasing volume are positive signs. If the broader market remains supportive and no negative news impacts LTIMINDTREE, the stock could reach its projected targets.
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Polyplex - Classic double bottom chart patternClassic double bottom chart pattern formed in Polyplex.
Price has corrected from top and after 2 years forming a bullish reversal chart pattern called double bottom. Double bottom is a bullish reversal pattern is forming after a strong downtrend.
Price is printing lower top and lower bottom and finally price has settled at 760.
Twice touch bottom at 760 formed a support and finally breakout of price swing high 960 confirm the double bottom chart pattern.
Target would 1150..
Buy Mankind Pharma for major upside . 2 lakh to 2 Cr journey Cmp 2300
Buy near 2280
short term target 2408 &2495
Now take a look of Long term journey
Mankind Pharma cam be a multibagger counter
5 years Sales, profit and return of equity growth almost more than 20% and this can be increase more and more .
Counter going to reach at 1 lakh cr capital this year and after that it will unstoppable .
100% debt free company
All the parameter are perfect for long term selection .
Just invest 2 lakh in this counter during upcoming 2 years and sleep relax...
After 20 years your 2 lakh will become 2 cr.
We personally start investing in this counter .
If you dont have 2 lakh then you can follow 5000Rs SIP for 40 months
You can earn with trading but if you want to create a wealth then long term investing is only solution .
Dont miss this opportunity .
Take MAKEINDIA for Manufacturing Strength of IndiaTake entry at Cmp 145Rs
Do SIP at each 2.5% fall
1 year profit target 35 to 40%
This is ETF on Manufacturing Theme of India.
Its has total 75 stocks. 56% large cap,21% Midcap, 8% small cap
Top 10 major holding stocks : Reliance, M&M, Tata Motors, Sun Pharma, Tata Steel , Bajaj Auto, Hindalco, BEL, Hal
We this EFT , indirectly you can invest in all 75 Stocks..
Next 10 years will be for India manufacturing so don't avoid it.
How you take 35% profit from RVNL with lowest risk ?This is long term investment plan for 1 year term: Profit range 20 to 45 %
Follow the below method to trade :
Total Investment 1 lakh
1st entry at 116Rs.....Invest 17000Rs at this level ...target short term 10%..mid term 20%
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If downside level then
2nd entry at 102Rs.....Invest next 17000Rs at this level ....Target total 15 to 25%
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If again goes down then
3rd entry at 88Rs......Invest 68000Rs at this leve l........
This way your final average will be 95Rs and Final target will be 139Rs
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This method is totally safe for long term . Every deeps give you opportunity.
Be a trader as well as an investor !!
HINDUNILVRHindustan Unilever is in the FMCG business company.
I think this stock is currently in a good support zone.
By touching the support and move will go back to its all time high in a few days.
According to my technical analysis, I believe that the stock will trade and come true. At the same time, considering some of the main points I am going to tell you , you can definitely consider this stock for swingtrading and long term
14% down from 52w
large multicap company .
Company has a good return on equity (ROE) track record: 3 Years ROE 21.6%s
Company has been maintaining a healthy dividend payout of 99.9%
holdings :-)))
a) Promoters 62%
b)FIIs & DIIs 27%
c) Public 11 %
D ) Government 0.4%
ICICI Securities Limited broker give report of trg 2800
KRChoksey give report of trg 2700.
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INDOSTAR Analysis & PredictionThis is the analysis of INDOSTAR in Weekly Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About INDOSTAR :
Indostar Capital Finance Ltd. engages in the provision of lending used and new commercial vehicles. It operates through the following segments: Corporate Lending, Small and Medium Enterprises Lending, Commercial Vehicle Lending, and Housing Finance. The company was founded by Atul Kapur and Sameer Sushil Sain in July 21, 2009 and is headquartered in Mumbai, India.
Bigggggggg Weekly Inverted H&S Breakout in GTPL Hathway A Bullish Breakout of Inverted Head and Shoulder pattern is visible on the Daily chart of NSE:GTPL
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.
ATULATUL
First of time , my technical knowledge that good support on chart price and technical analysis the stock will definitely reach the given targets in few days and hope that our expectations will be fulfilled.
holdings :-)))
a) Promoters 45%
b)FIIs & DIIs 35%
c) Public 20 %
If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its.
"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏