AUDCAD Buy [Swing]AUDCAD Daily Swing Buy Idea. Confluences mentioned on the chart itself.
Risk: 1-2%
Expected Return: 3.5 RR
Multiple Time Frame Analysis
#sail very Billish Idea (16 year trendline resistance breakout)Sail
Breaking out from its multiyear resistance trendline today in daily TF as well as todays is weekly closing also gives breakout conformation
it looks very Bullish from this level
good to hold above 125 for the view of longterm investment
my view to this stock is 2x, 3x from this point
also its outperform nifty500 index in weekly time frame
Volume from past weeks increasing also confirms bulliness of this stock
in my view this is the opportunity to invest in this stock for handsome returns
Further upmove coming in NIFTY..?As we can see despite uncertainties, we analysed that NIFTY is bullish unless the trendline in breached below and is in good uptrend. Now we can stand by with our views that NIFTY could remain bullish till further upper trendline is tested which could act as a RESISTANCE so plan your trades accordingly.
BANKNIFTY is BULLISH above this trendlineAs we can see despite the bearishness, we managed to see a strong REVERSAL from the trendline followed by last month hence maintaining itself in the range hence for a directional move it must sustain on either of the zone and any signs of REVERSAL around these trendline could be an great opportunity to make positions with great R:R so plan your trades accordingly.
Good for swingLooking good for swing almost 1:3.5 for swing long. We will enter only if it starts supporting grean area that nearly 1600 .
Ashok Leyland bullish Investing Idea Good above 175NSE:ASHOKLEY may give impulsive moves now
it breaksout 5 years of resistance and also retest confirmed in weekly tf and daily tf
takes first resistance in 2018 followed by 2022 and finally breakout in 2023
now this resistance acting as strong support
also in daily timeframe retest of this support is confirmed
my personal view is very bullish and its the best time to invest in this stock for long term
i believe it may starts bullish impulsive moves from here
Weekly View for Nifty - V Shapped MovementNifty is predicted close (weekly) higher above 20600.
Before going up might takeout the liquidity at the levels between 20850 - 20730.
Hence forming a V shapped movement.
NIFTY just got support from this trendline..As we can see despite the strong downfall, NIFTY managed to get SUPPORT from this trendline and REVERSED massively but it was outdone by BANKNIFTY. Now we can see despite the RECOVERY we can see NIFTY can be seen in the range from the upper trendline line and the the zone it reversed from making those two important zones NIFTY can react from unless it takes a particular unidirectional direction so plan your trades accordingly
Indiabulls Housing Finance Weekly breakout, Bullish viewIndiabulls Housing Finance price resist at trendline in weekly timeframe since Nov 2019 and tried to break multiple times,
recently in nov 2023 gives breakout with good volume and also volume increases gradually.
also retest of this trendline is confirmed in daily Tf
my view is to go long above 215 for decent profit in midterm also
it my be a good opportunity to invest at this time for long term view
midterm target is for 40%
longterm 💵💸💰
Prince pipes Prince price looks good for more upside with volumes increasing and a clear change in trend
Is this the start of new trend..?As we can see we saw exactly a trap breakout creating liquidity and tumbled down sharply and fell over 500 points unidirectionally. Now we can expect more of downfall till 20300 which is the next imminent gap which could be filled and act as an important SUPPORT so plan your trades accordingly.
NIFTY is ready to trap before finally changing its trend As we can see, we did see some sideways to bearish market throughout the day but we can also see a consolidation at higher levels which is showing signs of weakness but on the other hand we can see some strong global cues which could result in strong opening for NIFTY which could lead to potential breakout to the consolidation created by NIFTY which can give enough liquidity to trap further retailers in the form of breakout and leading to final fall in coming weeks so plan your trades accordingly
OVERALL MARKET ANALYSIS..... CONFUSED?All the levels are mentioned in the video with some swing idea.
Nifty and Banknifty
Gold silver
Crude Ng
Copper
My view,
Neutral to bullish (rangebound)
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.
Will 21500 act as a RESISTANCE..?As we can see NIFTY had been rallying every since it broke out of its ATH. Now we can see it had been following a trendline and rejecting exactly from that zone and the psychological level of 21500 can add further fuel to the fire acting as a RESISTANCE hence any signs of rejection around the given trendline could a good opportunity to sell keeping SL at last swing high and riding the whole rally so plan your trades accordingly
Strong upmove as analysed! 48000 coming upAs we can see BANKNIFTY rallied over 400++ points after opening strong and went sideways! Now BANKNIFTY can continue its further upmove till 48000 which is its next eminent psychological level and any signs of rejection around given levels could lead to a good fall so plan your trades accordingly
Looks like BANKNIFTY is heading for another strong upmove As we can see despote the weakness BANKNIFTY managed to RECOVER close to ending up in green and has formed more like double bottom pattern showing signs of strength hence if BANKNIFTY beaches the levels mentioned and susatins itself above the given level then we can see a new ATH for BANKNIFTY so plan your trades accordingly
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.)
REJECTED as analysed As we can see BANKNIFTY got rejected as analysed and fell unidirectionally despite the inverted head and shoulders breakout which was pretty easily assumed by many hence it was bound to fail hence we may expect more of downfall to create panic for buyers hence every rise could be selling opportunity so plan your trades accordingly
AXIS BANK making FLAG PatternAxis bank is making a flag pattern at 1 hour with descending Triangle. It is a low risk high reward trade of 1:3. Strict Stop loss
Has BANKNIFTY just turned BULLISH..?As we can see despite the rejection in bigger time frame, it managed to recover almost till its ATH close on it. Watching it on a smaller time frame we can see it being in a inverted in a head and shoulders pattern which shows further uptrend hence any closing above last trading day could show huge upmove so plan your trades accordingly.
