NMDC Swing idea (Long)NMDC can give breakout due to following technical reason:
1) Breaking a range after 2+ month consolidation
2) Double bottom pattern(or W pattern) formation in daily & weekly chart
3) Trading above 20, 50 EMA on daily & weekly
4) Swing low are not broken, range is slowly shifting higher side
(Note: Author not responsible for anyone profit or loss, nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
Moving Averages
Lupin: Decline After Highs Offers Buying Potential Topic Statement: Lupin faces selling pressure after reaching its lifetime high in 2024, with the price slowly declining in a channel.
Key Points:
1. The stock price is falling within a down-trending channel.
2. The price is nearing the 180-day moving average, presenting a good buying opportunity at or below this level.
axis Bank: Selling Pressure with Gradual Buying OpportunitiesTopic Statement: Axis Bank faces selling pressure near the 1130 distribution zone, with potential to fall to 1000, a crucial support level.
Key Points:
1. The stock is in the distribution zone around 1130, with repeated testing of this level increasing the risk of a breakdown.
2. A gap at 1060 from April 2024 may be filled soon, indicating further downside.
3. The price is under the 180-day moving average, offering a gradual buying opportunity as it approaches the 1000 support.
POWERGRID Might go down?Based on the weekly and the daily chart, it looks like the closing price is taking a support on 200DMA, if it breaks the 200DMA at downside, there is a chance that the stock price might go down slowly till 260. The next support will be on 290 and 260 respectively based on the historical data. Lets see how it moves in the next 2 months.
Disclaimer: Kindly check with your financial advisor before taking any trade.
BHEL : bullish after this breakout
INVERTED HEAD AND SHOULDER pattern Breakout -
the stock has broken out of the inverted head & shoulder pattern with gap-up indicating bullish momentum for the stock till the target is reached
50D SMA SUPPORT -
the price has repeatedly taken support from the 50D sma line for last few days signaling upside potential for the stock
REVERSAL FROM FIBONACCI RETRACEMENT LEVEL (0.5) -
price has recently reversed from the 0.5 fibonacci retracement level with perfect accuracy which denotes bullish momentum for the stock after the reversal
PROFIT -
the target is 266.90
Riding Momentum with Precision – CRISIL Up 24%!Momentum is the lifeblood of profitable trades. My strategy identifies high-momentum Stage 2 stocks that are ready to outperform, combined with a time-tested exit mechanism to cap drawdowns.
Take CRISIL , for example. Entry was triggered perfectly, and we’re already up 24%!
This is not about chasing every move in the market—it’s about betting on individual high-performance stocks that move irrespective of market conditions. The strategy thrives even in sideways markets because momentum is always king.
What You Get:
Simple buy/sell signals.
Automatic entries and exits with defined risk.
Focus on high-conviction stocks (max 10-stock portfolio).
MAZDOCK BREAKOUT !
🔍 Technical Analysis Highlights:
Breakout Formation:
Price is testing the breakout zone (~₹5,041), signaling bullish momentum.
Volume Confirmation:
Increasing volume indicates strong buyer interest.
EMA Support:
The stock is trading above both the 21-day and 50-day EMAs, confirming bullish strength.
Bullish Trend:
The stock has shown strong recovery from lows, forming higher highs and higher lows.
📊 Trading Setup
Current Price: ₹5,030.65
EMA Levels:
21-Day EMA: ₹4,647.27 (Blue Line)
50-Day EMA: ₹4,452.96 (Purple Line)
✅ Entry Point
Buy above ₹5,041 (recent breakout zone).
🎯 Target
Target 1: ₹5,555 (near resistance level and marked profit area).
🛑 Stop-Loss
Place SL at ₹4,858.70 (recent swing low).
⚙️ Risk/Reward Ratio
Risk/Reward ratio is favorable, with clear upside potential and minimal downside risk.
HOW LIQUIDITY WORKS!In trading, liquidity refers to how quickly and easily an asset can be bought or sold in the market without significantly affecting its price. It reflects the availability of buyers and sellers and the volume of trading activity for a particular asset.
Key Aspects of Liquidity:
1. High Liquidity:
The asset can be traded easily with minimal price changes.
Common in popular markets like major stocks (e.g., Apple, Tesla), forex pairs (e.g., EUR/USD), and widely traded cryptocurrencies (e.g., Bitcoin).
2. Low Liquidity:
It’s harder to find buyers or sellers, leading to potential delays or price changes during transactions.
Common in niche markets, lesser-known stocks, or illiquid crypto tokens
Importance in Trading:
Efficient Price Discovery: High liquidity ensures prices reflect market demand and supply.
Lower Risk: Traders face less risk of slippage (unintended price changes during execution) in liquid markets.
Flexibility: Allows traders to enter or exit positions quickly, especially important for day traders and scalpers.
In summary, liquidity is crucial for smooth and cost-effective trading.
#Stockmarketeducation
Coromandel International (COROMANDEL) - A Swing Trade SetupBullish Flag Pattern 🚩
Potential for a strong upmove 📈
Strong support from key moving averages 🚀
Accumulating buying interest 💰
Trading Plan:
Entry: Buy above ₹1,795 on a breakout with strong volume 🟢
Target 1: ₹1,950 🎯
Target 2: ₹2,000 🎯
Stop-Loss: ₹1,733 🛑
Risk-Reward: Favorable 1:2
NVDA | 200 EMA + trendline + Retest -> Support | long side TradeNVDA | 4H Chart | 200 EMA Long Setup 🎯
Here's a straightforward trend-following setup on NVIDIA (NVDA) using the 4-hour timeframe.
-Strategy:
1. 200 EMA (yellow line) acts as a dynamic support level, indicating a bullish trend.
2. Long Entry near the bounce off the 200 EMA, with price consolidating above key support.
3. Trend Line Support level
4. Stop Loss placed safely below recent lows to manage risk.
5. Two Target zones are marked for partial profit-taking:
- Target 1: The previous swing high.
- Target 2: A potential continuation towards higher highs, aligning with the broader uptrend.
- Why This Setup?
- Price respects the 200 EMA, Trendline and Support Retest level, signaling strong buying interest.
- The risk-to-reward ratio is favorable, with clearly defined entries and exits.
- NVDA remains in a structural uptrend, offering a solid opportunity for swing traders.
Trade with discipline, and always manage your risk! 🚀
Let me know your thoughts or suggestions in the comments. 👇
Radico Khaitan Ltd – Resistance Breakout Setup📊 Analysis:
The stock is consolidating just below a key resistance zone near ₹2,457, forming higher lows and indicating bullish pressure. Supported by the 21-EMA and 50-EMA, the price is preparing for a potential breakout with increasing momentum.
📈 Trading Plan:
Entry: Buy above ₹2,460 (on breakout confirmation with strong volume).
Target 1: ₹2,600
Target 2: ₹2,665
Stop-Loss: ₹2,372 (below recent support and EMAs for risk management).
🛑 Risk-to-Reward Ratio: Approximately 1:2
💡 Note: Look for a decisive candle above ₹2,460 with high volume to confirm the breakout. Stay cautious if the stock fails to sustain above resistance.
TCS: Bullish with Key Resistance at 4500Topic Statement: TCS is moving in a bullish direction, with resistance at 4500 and opportunities for channel trading.
Key Points:
1. The stock is trending within an up-trending channel, signaling continued bullish momentum.
2. A key resistance level exists at 4500, which may limit short-term gains.
3. Ideal buying opportunities are near the lower end of the channel, where the price aligns with the 180-day moving average.
AMBERAMBER has given approx 20% correction from the top. Retraced about 50% from recent rally. If it doesn't close below 5700 then it may take a good bounce and me resume its rally from this levels. Risk-reward is quite in favor. RSI reversal on daily time-frame also observed. Keep it on radar. AMBER is one of the stock which IMO seems fundamentally strong as well. Do your due diligence.
WIPRO - broken out of an Ascending Wedge patternASCENDING WEDGE PATTERN -
wipro has broken out of ascending wedge pattern with gap-up opening indicating strong bullish momentum for the stock
100D MOVING AVERAGE -
price has tested the 100D simple moving average several times and have gone upwards indicating strong potential for upward movement
HIGHER HIGHS & HIGHER LOWS -
price has formed multiple higher highs & higher lows indicating price is having bullish momentum
TARGET PRICE -
price will go till 317 level
Nifty analysis for 11/12/2024.
Nifty is in a range bound cycle after the bullish move from the recent low. 50% Fibonacci levels is acting as a crucial resistance level for the market.
Overall market seems bullish but still the market can take the resistance form fib levels and revert to continue the bearish trend.
The moving averages on the hourly charts are near to the trading price and it can move either way.
Major support levels :- 24500, 24330, 24170
Resistance levels :- 246660, 24770
Wait for the price action near the levels before entering the market.
JSW Energy RSI positive divergene and HARMONIC ANTI BAT patternHello Everyone,
Jsw energey taking support of trendlines and demand zone of 600 and 640 small bounce is there RSI positive divergence and BULLISH harmonic pattern ANTI BAT formed so its overall confluence set up EMA50 will act as resistance breaking above that will go for bullish upto 780++ gor both swing as well as positional is overall reverasl set up