CANARABank took two times support at 92 what next ?canarabank bounced two times at 92 around ,more times the support is tested it will be broken however we can see it did made lower highs and is below 200 dma i think this time it will continue to be bearish
every time on closing basis did not close below support we can see in past two points but this time closed almost at days low strongly bearish
Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes
Moving Averages
Delta Air Lines (DAL) - Breakout Play with Strong Volume ConfirmKey Observations:
Breakout Zone:
DAL has broken above a significant resistance level at $67.87, with a strong bullish candle and a 9% gain in one day.
Volume Spike:
A substantial volume increase indicates strong buying interest and institutional participation.
Risk/Reward Setup:
Entry Price: $67.87 (breakout level)
Target Price: $95.07 (potential upside of ~39.6%).
Stop Loss: $55.45 (below support zone).
Risk/Reward Ratio: 2.14
Moving Averages Support:
The stock is trading above key moving averages, showing a positive trend shift.
Trade Plan:
Bullish Case:
If the stock sustains above the breakout level, the next target zone lies near $95, aligning with historical resistance levels.
Bearish Case:
If the breakout fails and the price falls below $61.54, it may retest lower support at $55.45.
Disclaimer:
This idea is for educational purposes only. Please conduct your own research before making any investment decisions.
VST Looks good for 180-200TA shows volume bottoms for support, 3 LARGE bottom wicks on daily chart, weekly chart has a bullish hammer. Not to mention the monthly moving average 4 bounce we had today.
Feb21 expiry $200 Strike calls are constantly being loaded every day. Seems like accumulation to me.
Momentum can bring this up really fast, and the overall strength as markets turn red are a great sign too.
NFA - Watch this
TCS Surges 6% Post Q3 ResultsTopic Statement: TCS has surged 6% following its third quarterly results, with the stock creating a gap.
Key Points:
1. Stock has created a gap during the recent upward move and the price has crossed over the 180-day moving average.
2. Heavy support at the 4000 level.
3. Frequent resistance at the 4500 level.
Nifty analysis for 09/01/2025.Nifty is trading around the major support zone and today it has formed a hanging man candle near the support.
On the daily charts, there is a dual support i.e. 200 EMA and a support zone.
A Head and shoulder Pattern is also being formed in charts. If the pattern is confirmed a good bearish move can be seen in the Indian market.
Bullish trades can only be initiated only when there is a confirmation pattern near the support
Major support zone :- 23146-23500
Resistance levels :- 23675, 24000
Wait for the price action near the levels before entering the market.
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.