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Multiple Time Frame Analysis

Investment_ UPLTrading and investing are completely different in nature. In trading, we don't care about the prices whether it's fair or not. We buy high and sell even higher. But in investing, we should only buy a stock near its intrinsic value. No matter if everyone is making money except us. But, price which is justified by fundamentals are sustainable and proved sustainable historically. "Intrinsic value is upgraded or declined based on fundamental changes. I amend my intrinsic value every year based on the growth of the company." So here I am with a stock named UPL. According to Sir Benjamin Graham's method of calculating Intrinsic Value, it is worth around ₹ 815 a share. Coming to the charts, UPL has been consolidating near weekly resistance for around 70 days. It could've already given a breakout if this "corona wave 2" didn't hit the market. Rs 700 is a major hurdle which will act as a resistance. Beyond that, I think my targets will be achieved. Well, this will not happen overnight. It will take months to even years. Some questions answered: Q: At what price should I buy? A: Well, this stock looks undervalued and I suggest to start accumulating shares NOW. Q: Should I buy shares tomorrow, at on go? A: Nope. Divide your capital in at least 3 lots. You buy first lot tomorrow, second and third lot after in time gap of 2-3 weeks (as you like). Disclaimer: The analysis I've shared is just for informational and educational purposes. This must not be taken as an investment advise.
NSE:UPLLong
by UnknownUnicorn7637383
Balrampur Chini short-term bullish swing trade opportunityHello All, I am presenting my analysis and approach for a short-term bullish positional trade opportunity in BALRAMCHIN. There is a good short-term bullish swing trading opportunity presenting itself in this fundamentally strong scrip. Trade validity: Week of 11th December 2023 Entry: 388 I will watch how the stock reacts to the green trendline on the hourly timeframe by end of the session on Monday, 11th Dec'23. So I'll wait and watch to let the dust settle by the end of the day on 11th Dec'23. I will then look for a positional entry in the following sessions on or after Tuesday, 12th Dec'23. If the green trendline is respected, and the red trend above it is broken and the break is sustained, then the downtrend of last week could be reversing. For this, there has to be an hourly green candle that closes above 395 level. I will then wait for the price to come back down for a retest of the 388 level, just around the green trendline in the following days of the week. Stop: 385 The stop will be 385 at the green horizontal line. This will be a hard stop as I do not want to wait for the candle to close below this. (I usually set the entry and stops as trigger-limit orders for auto executions.) Target: 403 The expected target is 403 at the horizontal red line. I may exit there fully, partially, or, wait and see how the price reacts at that level for further upside with a hard trailing stop at 397. Targets beyond 403 are seen as per the thicker blue lines at 408, 416, and so on.. RRR: 5 This is a good short-term trade with a RRR of just above 5. Let's see how this plays out.. :) This is based on multi-timeframe support and resistance, trend, strength, volume, volatility, confluence, and a bit of fundamental analysis. If this looks good to you, please consider a follow. Thanks! (Disclaimer: For educational and analysis purpose only. No recommendations. I am not a SEBI registered advisor. Please make your own decisions at your own responsibility.)
NSE:BALRAMCHINLong
by MK_trader81
3
BIG MOVE DONE as analysed ! what’s next..?As we can see BANKNIFTY rallied over 2000++ points in couple of days after breaking out of inverted head and shoulders pattern. Though this move was influenced with sentiments which arose due to exceotional win of BJP in few states but it could be shortlived. As we had previously analysed that despite the results, market started to rally beforehand which shows that the supposed move was already factored in hence this could be a potential trap as now we can expect some sideways to negative market in coming trading sessions if opens below our zone unless BANKNIFTY sustains above our given zone so plan your trades accordingly everyone.
NSE:BANKNIFTY
by Wealthcam
REJECTION seen exactly as analysed! As we analysed in our previous post that we may see some breather being taken by BANKNIFTY before finally breaking out and we did see that as it got rejected exactly from our levels and had been sideways to negative throughout the day. now watching the global scenarios, we can expect a strong opening which could be followed up if BANKNIFTY manages to sustain itself with the strong opening leading to unidirectional move so plan your trades accordingly
NSE:BANKNIFTY
by Wealthcam
BANKNIFTY will take a BREATHER here..As we can see BANKNIFTY rallied over 700++ points which was much expected as we said BANKNIFTY has formed a doji and break on either side could show a unidirectional move and it did that. Now that BANKNIFTY has already rallied, we can see it closing at important supply zone which is not expected to be broken very easily. Hence, we can expect BANKNIFTY to take a breather as a halt until it finally breaks off heading towards its new ALL TIME HIGH so plan your trades accordingly.
NSE:BANKNIFTY
by Wealthcam