ELECON ENGINEERING (1W TF) - Swing Trade Analysis given on 21st April, 2024 Pattern: ALL TIME HIGH BREAKOUT - Weekly Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer #ELECON
CIGNITI TECHNOLOGIES (1W TF) - Swing Trade Analysis given on 17th March, 2024 Pattern: ATH RESISTANCE BREAKOUT - Resistance Breakout - Done ✓ - Volume buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer
- Ceat is currently trading at a crucial supply - I think once the market starts retracing Ceat can soon start to retrace as well - Ceat can drop anytime after absorbing some more orders - The risk here on this trade stays around 3-4% #CEAT
Abb Short played out well - ABB can crash soon easily - Better to wait for a retracement before looking to accumulate or enter this for a swing
- #Paytm is currently a complete catalyst-based stock - Catalysts, positive, and negative news are driving its prices up and down - logically you shouldn't attempt a trade in Paytm if your Portfolio is small - Allocate 2-5% of your 100k here only if you are ready to risk 10% - Paytm has a wide stop-loss trade due to lower Circuits - I think a dead cat bounce...
- The FMCG Update followed my path exactly as planned - Now what do we do? - Kindly stay fiat or cash and understand that being a Perma Bull in this market won't help at all - If you want to invest long term wait for a major crash
- Metrobrand is currently looking perfect for an entry - Kindly note that this stock is highly volatile and quite fast in liquidating stops - In order to avoid that prefer entering once the liquidity grab is done - I would suggest keep your risk low in every setup as I am bearish on the overall market
- Inox Leisure is setting its base quite nicely - I think if you are planning to buy a stock for a mid-term or short-term swing then you should go with this - Inox in the next retracement can throw up big before that a Liquidity Grab is necessary - Don't risk anything more than 2%
- CCL looks all set for a huge expansion - IMO I think a small retracement can be a good spot to add it - Keep your size and risk very minimal for swings do not risk more than 2% a trade
- Nifty FMCG did play out exactly the way I had forecasted and now it's following my path. - FMCG stocks can witness a good retracement and I think this isn't the right place to add them as well - For any long term Investments better try understanding the fact that catching a bullet train in the middle won't help you in gaining money it will help you more in losing.
- The Finance Index is currently trading in a range - IMO I think we can break down and see a breakaway all through the downside - It's going to be important to notice what the price exactly does - I have drawn two paths let's see which one plays out, I am bearish already for long-term Investments. - I would prefer sitting cash for the next two quarters before...
- The Railway Theme inside the market looks very hot now - IMO, rites is currently setting up in a way that once it induces back to the FVG it can show an impulsive move - Point or scenario 2 can be where we directly see an impulsive move right from here so position yourself accordingly and do not over size or over risk
- IGL is a stock which has a decent or sluggish movement - Less volatility which also can reduce some volatile moves in your Portfolio - From a positional perspective keep a stop loss of 390 if you entered around 403 with me - I think this time the retracement can be a little small and demand-driven - Enter partially at 406-408 keep your 50% fiat to enter...
- It has achieved my target - I would prefer booking full gains - Holding partially or 50% of your position too looks a little risky - FOMO in nifty can soon drag all this down badly
📊 Key Details KAJARIACER, a ceramic industry company and part of Nifty 500 index, has been a powerhouse stock in a strong bullish trend until October 2021. The stock's historical monthly chart reveals an astounding 14,405% return from Rs. 8 to Rs. 1365, spanning from 2007 to 2021. After reaching its peak, the stock entered a consolidation phase that...
📈 Key Details 📈 Tata Communication is a prominent member of the Tata group, a leading business conglomerate in India with a major presence in telecommunications. The stock is currently trading at its all-time high levels, indicating strong bullish momentum. After a consolidation phase lasting over 40 days, the stock has broken out. 📈 Technical...
Solex Energy Limited is engaged in the business of renewable energy solutions. The Company manufactures solar lighting systems, solar panels, solar water pumping products and water heater products. Financials: TTM EPS: -- TTM PE: -- P/B: 14.78 Face Value: 10 Mkt Cap (Rs. Cr.): 555 Sector PE: 72.46 Book Value Per Share: 47.03 Positives: Strong Momentum:...
time frame 15 min, price moving below my moving average with a momentum on downside post retest.