Indusbank | Trendline Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Supports
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Longtrade
AU SMALL FINANCE BANK - SWING TRADING IDEASymbol - AUBANK
AUBANK is currently trading at 575
I'm seeing a trading opportunity on buy side.
Buying AUBANK Futures at 575
I will add more long position at 566, if comes.
Holding with SL of 558
Targets I'm expecting are 600 - 620 & above.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Easy 20% return with Piccadily Agro IndustriesBSE:PICCADIL looks perfectly poised to give a solid 20% return to investors with a short term horizon.
Technicals: When we see the candlestick chart on a daily basis, it is trading at 750 which lies in between its nearest support at 700 and nearest resistance of 780. The MACD indicator points in the direction of an uprise with a healthy positive value.
Fundamentals: BSE:PICCADIL is a very fundamentally strong stock. It has high ROCE and ROE of 29.6% and 30.6% respectively. BSE:PICCADIL QoQ sales have increased by 62% and QoQ profits have increased by 121%. This shows it has got healthy growth going forward. Also its revenue mix is starting to be dominated by the distillery segment over its sugar segment. This showcases BSE:PICCADIL has diversified in the right direction, in turn unlocking more value for its shareholders.
Trade Setup: Buy BSE:PICCADIL when it hits 780, place a stop loss at 720 and a sell order at 960.
Medium term opportunity in Oriental PG Electr for V. good upsideHi,
NSE:PGEL 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.
VAIBHAV GLOBAL - POSITIONAL SWING TRADE IDEASymbol - VAIBHAVGBL
Vaibhav Global Limited, through its distinctive business model, has created a niche for itself in the global retail space, especially in the jewelry, accessories and lifestyle product segments of two of the largest economies of the world - the US and UK.
This stock has made a consolidation base already & currently trading at a good support area. I'm expecting this to go into advancing phase soon. Hence I'm buying this at CMP 322 with SL 250 for 510 - 600 - 710 targets.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
ASIAN PAINTS - POSITIONAL SWING TRADE IDEA IN CASHSYMBOL - ASIANPAINT
Asian Paints is the largest home decor company in India. The 80+ year old company has major brands like Asian Paints, Berger, Apco etc. under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows.
Asian Paints is currently trading between two major supply and demand zones since a long time. CMP of Asian paints is 2700 & It is approaching demand zone on weekly basis.
I'm seeing a positional trade opportunity on buy side. I usually trade in futures but this time I'm taking this trade in cash as general elections are due in June which is a major event for market makers.
Current PE of Asian paints is 46 which makes it a value buy at CMP. I'm investing 50% allocation today at CMP 2700. I'll invest 50% more at 2580-2600 levels & will hold this position with 2500 as SL. Targets I'm expecting on long side will be 2950 - 3220 - 3410 & new ATH. I'm ready to hold this trade for 3 - 6 months.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
LONG TERM INVESTMENT PICK - BANDHAN BANK - READY TO TAKE OFF ?SYMBOL - BANDHANBNK
Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services designed for micro banking and general banking.
This company is fundamentally good. having 32,800 cr. market cap, Bandhan Bank is currently trading 11 P/E.
This stock is in a downtrend since a long time. Currently trading at 200 which is a long term strong demand zone.
Long positions can be made at CMP 200 with stoploss of 170.
I believe this stock can be next multibagger & this is a great investment pick at current levels.
Targets can be 600 & 700 which is ATH & beyond.
Disclaimer - I have invested my investment allocation today. Do not consider this as buy/sell recommendation. I'm sharing my analysis & my investment position. You can track it for educational purposes. Thanks!
USDTHB - TRADE ON LONG SIDE FOR HUGE PROFITSymbol - USDTHB
USDTHB is currently trading at 34.90
I'm seeing a trading opportunity on buy side.
Buying USDTHB pair at 34.90
I will be adding more if 34.50 & 34.20 comes & will hold with SL of 33.95
Targets I'm expecting are 35.80 - 36.35
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BANDAN BANKLONG TERM
ENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
BPCL Trade Analysis for Buy using Wyckoff method.Wyckoff Story
Prior to trading range we were in uptrend and then we have Stoping action and CHoCH (Change of character). Let’s assume our bias is accumulation based on CHoCH as we don’t see lot of supply in the CHoCH.
Down wave Analysis
We can see that the volatility of the down wave is decreasing from Phase A to Phase D, confirming the accumulation Bias.
Volume Analysis
In Phase B we see increase in supply but the price is not able to go below the trading range, lot of effort to push the price down but fails, indicating effort vs result is not synced. Confirming the accumulation bias.
We have supply decrease from Phase A to Phase C indicating supply is being absorbed.
Sign of Strength
we have Major sign of strength in phase D with good demand volume indicating institutions are present in buying.
Final View
Bullish on stock with entry marked on the chart
Breakout in Jubilant FoodNSE:JUBLFOOD
Trendline breakout in Jubilant foods.
Good to buy at the level of 500.
Stop Loss below @ 450.
For the Targets of 550/625/700/800/915+++
Reasons to buy:
1: Breakout of the long term Trendline.
2: Good Support form the bottom range of 420-450.
3: Just cross the 100 days moving average.
4: Breakout with good Volume.
5: Good RISK to REWARD ratio.
Thanks
Disclaimer:
This idea is only for the Education purpose , Trade your plans at your own Risk.
GBPCHF - LONG TRADESymbol - GBPCHF
GBPCHF is currently trading at 1.12150
I'm seeing a trading opportunity on buy side.
Buying GBPCHF pair at CMP 1.12150
I will be adding more if 1.11750 comes & will hold with SL of 1.11300
Targets I'm expecting are 1.13650 - 1.14550
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
D P Wires NSEDate- 3rd April 2024
Time - 11:30 Am
D P Wires has a Good Fundamentals Figures and giving Dividends too.
While,
Technically it is showing bullish Continuous Divergence in MACD compared to Price Action and has already given strong green candle for reversal confirmation.
Also, Price is reversal from 100 EMAs support and also all over D P wires is Bullish stock.
SL Price - 446 Rs.
Target - 680+
Current - 500 Rs.
HDFC LIFE - APPROACHING DEMAND ZONESymbol - HDFCLIFE
HDFC Life Insurance Company is engaged in carrying on the business of life insurance. The Company offers a range of individual and group insurance solutions. The portfolio comprises of various insurance and investment products such as Protection, Pension, Savings.
HDFC Life is approaching demand zones on charts. 500 - 540 is a major support zone for HDFC Life. Stock is currently trading at a good valuation.
I'm seeing a positional trade opportunity on buy side. I usually trade in futures but this time I'm taking this trade in cash as general elections are due in June which is a major event for market makers.
I'm investing 50% allocation today at CMP 540. I'll invest 50% more at 510 level & will hold this position with 495 as SL. Targets I'm expecting on long side will be 580 - 615 - 640 - 675. I'm ready to hold this trade for 3 - 6 months.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
CADCHF - TRADE ON LONG SIDESymbol - CADCHF
CADCHF is currently trading at 0.65000
I'm seeing a trading opportunity on buy side.
Buying CADCHF pair at CMP 0.65000
I will be adding more if 0.64500 comes & will hold with SL of 0.63900
Targets I'm expecting are 0.66100 & 0.66480
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
MEDANTA (Global Health Ltd.)Global Health Ltd.. Riding the stairs . Heading to base 3
Best Buy : @530 After breakout of the box or @500 if found near the trendline.
Stop loss : 498 or Below Trend line
Targets: 555/580/600/620++++
Note:
''This idea is only for educational purpose,
Please Trade at your own RISK''..
THANKS.
Breakout in Birla softNSE:BSOFT Good Buying Zone:
1: BIRLASOFT at current market price of 340
OR
2: If found near to 200MA @295-300
Stop Loss:
Put the SL between 295 or 300
Targets:
380/440/500/550+++++
Reasons to buy BIRLASOFT:
1: Good support from the bottom of @270
2: Double Bottom formation and breakout.
3: Long term trend line breakout.
4: trading above 200ma line.
5; Handsome RIO
.
Thanks,
Disclaimer: This idea is for Education purpose only, Kindly place your orders at your own RISK.
SBI CARD - Support levels will save bulls & Time for Reversal ?SYMBOL - SBICARD
SBI Card & Payment Services has been in downtrend since a long time.
It is now trading at major supports levels once again.
A long position can be made at current levels for trading/investment purpose around 700-710 as risk : reward is very good at CMP.
SL can be 680.
Targets for trading purpose can be - 745 & 765.
For Investment, Targets can be - 770 - 840 & 920.
For investment purpose, I will not be surprised if it gets 2x or more from here in next 2 years.
Disclaimer - I have made long position in futures & I'm sharing my position & my analysis. This is not a buy/sell recommendation.
PNB, Intraday View for 28-MayTrend - Positive
Today's bullish candle has broken the structure which indicates the start of an uptrend.
The price could test the level of 137.
Probability of the next green candle is more than 50%
CMP : 129.55
Resistance : 137
Support-1 : 123.50
Support-2 : 119
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.