Moving Averages
Vraj Iron And Steel - Daily - Short TermVraj Iron and Steel is trying to cross 20 EMA daily line.
if it closes above 20 EMA line with and close above small resistance then one can enter consider entry. Price is moving around 220-226 since few days.
Entry above 226 on daily closing basis
SL : 220, 212
Target 1 : 240++
Target 2 : 270++
NIFTY: Oversold with Potential for a Big MoveTopic Statement: NIFTY has corrected severely, trading below the 180-day moving average and forming a wedge pattern that signals a potential big move.
Key Points:
1. The price is under the 180-day moving average, making NIFTY oversold.
2. Candles are forming a wedge pattern, indicating a significant move upon breakout.
3. Gaps at the 25000 level suggest the market may eventually rise to fill them.
Stock Analysis: #AEGISLOGHello, Traders! 👋
I’m currently tracking #AEGISLOG for a potential swing trade. Here's what I see:
📈 Technical Overview:
🔹 The stock is approaching key levels, which I’ve marked on the chart.
🔹 Watching for a breakout or reversal to confirm the next move.
🔹 Volatility seems manageable, making it suitable for a swing setup.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared for learning purposes only—please do your own research or consult a professional.
Are you tracking #AEGISLOG too? Share your thoughts below! 🚀
#TradingView #StockAnalysis #SwingTrading #AEGISLOG
Stock Analysis: #LLOYDSENTHello, Traders! 👋
Let’s dive into #LLOYDSENT, a stock I personally hold and continue to monitor closely. Here’s what I see:
📈 Technical Overview:
🔹 The stock is trading near key levels that I’ve marked on the chart.
💡 Current Position:
As a holder, my view might be biased, but I believe these levels could define the stock’s next major move. Watching closely for confirmation before making any adjustments.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared for learning purposes only—please do your own research or consult a professional.
Let me know if you’re tracking #LLOYDSENT or have thoughts on its movement! 🚀
#TradingView #StockAnalysis #LLOYDSENT #KeyLevels
flag pattern breakout Pitti Engineering has broke the flag pattern. This trade is little risky because the candle next to breakout candle has shown resistance to bulls and also the volume is very high but since it is Doji candle there is indecisiveness. To swing high in this trade entry could be made tomorrow or we can wait for this week's closing. Breakout candle has good volume.
ZOMATO: Pullback trade📊 Analysis:
Good bullish candle form on 21EMA with good volume.
📈 Trading Plan:
Entry: Buy above 290 (wait for a breakout above candle at least 15-30 min with strong volume confirmation).
Target 1: 320
Target 2: 345
Stop-Loss: 275 closing basis
HIMADRI SPECIALITY CHEM LTD TRADING IDEA!📊 Analysis:
HSCL is trading above its key EMAs (20, 50, and 200), indicating a strong bullish trend.
The stock has broken a critical resistance level at ₹590, supported by rising volumes, signaling potential for further upside.
The price structure reflects bullish continuation with solid support below ₹565.
📈 Trading Plan:
Entry Point: ₹595 (enter on a breakout confirmation with good volume).
Target 1 (T1): ₹620
Target 2 (T2): ₹650
Stop Loss (SL): ₹565
🛑 Risk-to-Reward Ratio: Approximately 1:2
AZAD ENGINEERIN TRADING IDEA!📊 Analysis:
AZAD ENGINEERING is trading above key EMAs (20, 50, 200), indicating a strong uptrend.
The stock recently broke above a key resistance level of ₹1,850 with significant volume, confirming bullish momentum.
The price action suggests a continuation of the upward movement.
📈 Trading Plan:
Entry Point: ₹1,885 (after confirming a breakout with sustained volume).
Target 1 (T1): ₹1,950
Target 2 (T2): ₹2,050
Stop Loss (SL): ₹1,800
🛑 Risk-to-Reward Ratio: Approximately 1:2
Trading Idea For Kingfa
📊 Analysis:
KINGFA has shown strong momentum, breaking above key moving averages (EMA 50 and EMA 200).
Increased volume indicates accumulation and a potential breakout continuation.
The bullish candlestick formation supports further upside movement.
📈 Trading Plan:
Entry Point: ₹3,600 (confirm entry above this level with good volumes).
Target 1 (T1): ₹3,800
Target 2 (T2): ₹4,000
Stop Loss (SL): ₹3,450
🛑 Risk-to-Reward Ratio: Approximately 1:2
💡 Note:
This trading idea is for educational purposes. Always conduct your own research (DYOR) and manage risks carefully before taking any trades.
AVALAND - Breakout above Falling Window Resistance ?AVALAND - CURRENT PRICE : RM0.335
AVALAND is bullish as the price is above 50 and 200 day EMAs. Take note that the stock made a Falling Window on 05 August 2024. Then the stock accumulate approximately for four months. Last Friday (03 JANUARY 2025), the stock closed above the Falling Window resistance level with a bullish Long Marubozu White Candle . Technically this is a buy signal.
ENTRY PRICE : RM0.330 - RM0.335
TARGET PRICE : RM0.380
STOP LOSS : RM0.300
Notes : AVALAND is a property company. Fundamentally its earning is increasing. Currently the company have one more quarter report to be announce on FEBRUARY 2025 to complete the Financial Year report.
Trading Idea: Kalyan JewellersCurrent Price: ₹777.80
💡 **Key Levels to Watch:**
- **Resistance Zone**: ₹794.70
- **Target**: ₹874.20
- **Stop Loss**: ₹758.95
📈 The stock is showing bullish momentum with strong volume and staying above key EMAs (746.22, 723.67). A breakout above ₹794.70 could signal further upside toward ₹874.20.
💡 **Strategy:**
1️⃣ **Buy Zone**: Above ₹780 for confirmation of the breakout.
2️⃣ **Stop Loss**: ₹758.95 to manage risk.
3️⃣ **Target**: ₹874.20 for a potential upside of ~12%.
🚨 **Note:** Trade with proper risk management. 📉 Avoid entry if the stock closes below the stop loss level.
Colgate-Palmolive: Oversold and Poised for Reversal Topic Statement: Colgate-Palmolive's stock has faced a severe correction but shows signs of reversal with strong support at 2700.
Key Points:
1. The stock has very strong support at the 2700 level.
2. The price is trading below the 180-day moving average, indicating it is very oversold.
Banknifty analysis for 03/01/2025.Banknifty is trading in a range is trading around the resistance zone.
If their is a upside break out in the index, a trending move can be seen in it. Otherwise, another side way market will be there.
Moving averages are around the closing price and EMA strategy may also be implied in capturing the move.
Major levels
Resistance :- 51835, 52090
Support :- 50650, 50000
Wait for the pirce action near the levels before entering the markets.
Nifty weekly expiry analysis for 02/01/2025.Tomorrow is nifty first weekly expiry of the year.
A consolidation is going on in the index and today also it closed in a range.
If there is break out of the trendline on the upper side, chances of market retesting 24k levels are high.
In case of a fail and market trading downside, a trend downside possibilities are there.
20-EMA and 50-EMA are acting as a resistance and once cleared higher EMAs can be tested.
Option buyer be cautious of the expiry premium decay. Only trade the momentum.
Major levels
Upper resistance :- 24850, 24080
Lower support :- 23550, 23330.
DMart: Oversold and in Accumulation Zone Topic Statement: DMart stock has been beaten down, becoming very oversold, with heavy support at 3500 offering a prime accumulation opportunity.
Key Points:
1. The stock price is trading below the 180-day moving average, making it extremely oversold.
2. The 3500 level acts as a strong support within the accumulation zone.
3. The stock can be accumulated now and sold near 4800, which is the distribution zone and a key resistance around 5000.
360ONEThe chart is self-explanatory and shared for educational purposes.
This stock is trading above the 50-day, 150-day, and 200-day moving averages. The 200-day moving average over the past three months indicates consistent growth, and the stock is also forming higher highs, suggesting the potential for further upward movement.
PNB: Oversold Stock with inherent bullishnessTopic Statement: The stock has become oversold but shows recovery potential as it moves in an up-trending channel following a recent breakout over the downtrend line.
Key Points:
1. The stock recently broke out over its downtrend line, signaling a reversal.
2. It is moving in an up-trending channel, indicating bullish momentum.
3. The price is currently below the 180-day moving average, making it oversold and a potential buying opportunity.
Balkrishna Industries (BALKRISIND) Monthly Chart AnalysisThe technical setup combines Fibonacci retracements, trendlines, and moving averages to reveal key insights into future price action.
The following analysis covers key support and resistance levels, bullish and bearish scenarios, and potential trade opportunities.
Trend Overview :
The stock is in a long-term uptrend, supported by a rising trendline that has acted as a strong base.
Recent corrections indicate a healthy retracement within this uptrend.
Fibonacci Retracement Levels :
The Fibonacci retracement is drawn from a major swing low to swing high.
Key levels:
23.6% at 3,096.30.
38.2% at 2,966.30 (currently breached).
50% at 2,785.30 (tested as support).
61.8% at 2,605.30 (a critical level for buyers).
78.6% at 2,466.30 (final support zone).
Support Zones :
Primary Support: 50% retracement at 2,785.30 coinciding with EMA-21 (~2,661.59).
Secondary Support: 61.8% retracement at 2,605.30 aligned with a consolidation zone.
The long-term trendline also intersects around these levels, adding confluence.
Resistance Zones :
Immediate Resistance: 23.6% retracement at 3,096.30.
Strong Resistance: Previous swing high near 3,374.30.
Psychological resistance at 3,500.
Exponential Moving Averages (EMAs):
EMA-9 at 2,850.54 is currently supporting the price.
EMA-21 at 2,661.59 aligns with the 50% Fibonacci level, acting as a critical support zone.
The EMAs are in a bullish crossover, indicating long-term strength despite short-term corrections.
Volume Analysis :
Monthly volumes are consistent, with higher volumes during bullish candles, signaling strong institutional interest.
The recent pullback has seen declining volumes, suggesting a lack of aggressive selling.
Bullish Scenario :
If the price holds above the 50% retracement (2,785.30) and regains 3,096.30, the uptrend could resume.
Breakout above 3,374.30 may lead to new all-time highs, targeting 3,826.20 as per the Fibonacci extension.
Bearish Scenario :
A breakdown below the 61.8% retracement (2,605.30) and the long-term trendline could invalidate the uptrend.
Further downside could target the 78.6% retracement at 2,466.30 and psychological support at 2,400.
Trade Plan
For Bulls :
Entry: Near 2,785.30 (50% retracement) with confirmation of reversal signals.
Target 1: 3,096.30 (23.6% retracement).
Target 2: 3,374.30 (previous high).
Target 3: 3,826.20 (Fibonacci extension).
Stop Loss: Below 2,605.30 (61.8% retracement).
For Bears :
Entry: On breakdown below 2,605.30 with strong bearish momentum.
Target 1: 2,466.30 (78.6% retracement).
Target 2: 2,400 (psychological level).
Stop Loss: Above 2,785.30.
About to breakout swing trading!!🔍 Key Observation:
The stock is currently trading near a critical resistance level at ₹170. A breakout above this level can trigger further bullish momentum 📈.
🎯 Trade Setup:
Buy Above: ₹170
Stop-Loss: 3% below the entry price (₹165) 🔐
Target:
🎯 First Target: ₹187
📊 Technical Signals:
Resistance: ₹170 is a key breakout level to watch 🚀.
Volume: Look for increasing volume to confirm breakout strength 🔥.
🧠 Action Plan:
Wait for the stock to close or trade convincingly above ₹170 before entering.
Set a tight stop-loss to manage risk effectively ✅.
💡 Risk-Reward: Favorable for short-term traders aiming for a 10%+ upside potential with controlled downside
Apollo Tyres: Range-Bound Opportunity for TradersTopic Statement: Apollo Tyres is trading in a range of 440 to 570, offering distinct accumulation and distribution zones ideal for swing trading and option writing strategies.
Key Points:
1. The stock is confined within a defined range of 440 to 570.
2. Clear accumulation and distribution zones provide opportunities for swing trading.
3. The range-bound nature makes it suitable for option writing strategies.