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Indraprastha Gas/ IGL Positional Long Setup - 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 around 394-401 - This way you will have a top-class average and a very good entry as well - If you find this helpful kindly support.
NSE:IGLLong
by VKtradesimbalance
KAJARIACER: The Stock You Don't Want to Miss! 📊 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 persisted from October 2021 until BEFORE yesterday. However, yesterday marks a significant breakthrough for KAJARIACER as it breaks out of the consolidation pattern with substantial volume. The stock opened with a gap up today, and the weekly bullish candle indicates minimal selling pressure and robust buying activity, making it an excellent candidate for a potential buy entry. Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. Like, Comment & Follow I encourage you to like this analysis if you found it helpful and invite you to share your observations in the comments below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: in.tradingview.com 🚀🔥 Trade with Confidence 🔥🚀 Remember, success in trading requires discipline and continuous learning. Always keep learning and growing in the market. 💥💰 Trade Wisely, Profit Greatly! 💰💥 Remember, always conduct thorough research and consider risk management before making any trading decisions. Happy trading! 📈🚀🌟
NSE:KAJARIACERLong
by AfnanTAjuddin
22
Tata Communication - Breakout of consolidation📈 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 Analysis 📈 Tata Communication's chart reveals an exciting trading opportunity. The stock has recently experienced a bullish breakout on the 75-minute timeframe, accompanied by significant trading volume. The breakout candle opened with a gap up and formed a Marubozu, indicating strong buying pressure throughout the session. 📊 Trade Plan 📊 To capitalize on this breakout, consider the following trade plan: Enter a long trade above the high of the breakout candle. Set a Stop Loss (SL) below the marked supply area on the chart to manage risk effectively. Consider trailing your Stop Loss to protect potential profits as the trade progresses. If you find this analysis helpful, don't forget to like and share your observations in the comments section. Your support, likes, follows, and feedback keep me motivated to write consistently. 📢🚀 Follow me on TradingView for more insightful articles and trade setups: in.tradingview.com 💪💹 Happy trading, and remember: every trade is an opportunity for growth! 💹💪 Please note that this analysis is for educational purposes only, and I am not a SEBI registered analyst.
NSE:TATACOMMLong
by AfnanTAjuddin
2
SOLEX - An analysisSolex 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: Price above short, medium and long term moving averages Strong Annual EPS Growth New 52 Week High Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years Stock gained more than 20% in one month Negatives: Declining Net Cash Flow: Companies not able to generate net cash High volume, top losers My Opinion: Do your research but don't miss this stock. It is one of the stocks to look forward in the renewable energy sector. NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
NSE:SOLEXLong
by babutaaniket
Sanofi Sideways breakout Buy above 6240 Sanofi has recently taken support from a monthly demand zone and broken a weekly demand zone on the daily timeframe with huge volume. The stock was in a downtrend from August 2021 until October 2022, which was phase 4 markdown. Since October 2022, it has been trading sideways, which can be considered accumulation phase 1. Today, the sideways breakout has happened, which can be phase 2, meaning mark up. Plan to buy above today's high of 6240 with a buy entry planned for tomorrow if the high is broken. The stop loss should be around 6070, and the target should be below the weekly supply zone at around 6532, making the risk to reward ratio approximately 1:1.5. After reaching the target, trail your stop loss and targets upside for more profits. I am not a SEBI registered individual; my analysis is only for educational purposes. If you find my analysis helpful, I'd appreciate it if you could like it and follow me on TradingView for more analysis like this.
NSE:SANOFILong
by AfnanTAjuddin
Greenply Faces Resistance, Breakout, and RetestNote: This analysis is for educational purposes only and should not be considered as financial advice. I am not a SEBI registered analyst. Greenply, a stock that has been facing resistance since December 2022, recently broke out of a rectangle pattern on 5th May with significant volume. After the breakout, the price has moved up and is now approaching a retest of the breakout level. The previous resistance level is expected to act as support. Here's a plan for potential trade entry: Buy Entry: Around 154.75 Stop Loss (SL): Below the daily demand zone, approximately 151.5 Target: Below the daily supply zone, around 162 Risk-to-Reward Ratio: 1:2 It's important to note that trading carries inherent risks, and it's crucial to manage risk through proper position sizing and risk management techniques. Summary: Greenply has faced resistance since December 2022 but recently experienced a breakout from a rectangle pattern. The price is now testing the breakout level, which is expected to act as support. Traders may consider a buy entry around 154.75, with a stop loss below the daily demand zone at 151.5. The target is set below the daily supply zone around 162, resulting in a risk-to-reward ratio of 1:2. Remember, always do your own research and consider multiple factors before making any trading decisions. If you found this analysis helpful, please like it and follow me on TradingView for more articles and trade setups. Thank you for your support, likes, follows, and comments. Your love and encouragement keep me motivated to write consistently. Catch me on TradingView for more insights and profitable trade setups! 📈📊👉 in.tradingview.com 🙌🚀 Keep learning, keep trading, and may the markets be in your favour! 🚀🙌 Technical Terms: Resistance : A price zone where selling pressure tends to overcome buying pressure, causing the price to stall or reverse . Breakout : A price movement above a key resistance level, indicating a potential continuation or reversal of the trend . Retest : When the price returns to a previously broken level to test its newfound support or resistance . Support : A price zone where buying pressure tends to overcome selling pressure, preventing the price from falling further . Stop Loss (SL) : A predetermined price level at which a trader exits a position to limit potential losses . Risk-to-Reward Ratio : A measure of potential profit relative to potential loss in a trade, calculated by dividing the target price distance by the stop loss distance
NSE:GREENPLYLong
by AfnanTAjuddin
Piramal pharma: Best stock to buy for short term The stock has been corrected more than 60% since listing. 💠 After digesting listing move, the stock formed triangle pattern( consolidation zone) on daily TF and broke it out successfully. 💠 Apart from the technicals, the company performed better than expected in its recent quaterly results declared on 24 may. 💠 Fresh long positions can be initiated here around 82-83 with the stoploss of 76.5. 💠 Our expected targets are 93 - 106 and above. 💠 Holding period: 2 weeks to 8 weeks.
NSE:PPLPHARMALong
by ami98989
Ratio Charts - NiftyIT vs Nifty500What is a ratio Chart: Ratio charts play a significant role in technical analysis, offering valuable insights to traders and investors. These charts display the relative performance between two assets or indices by comparing their price movements. By dividing the price of one security by another, ratio charts provide a visual representation of their relationship and help identify trends, patterns, and divergences. This analysis is particularly useful for comparing stocks within the same sector, evaluating the strength of one asset against another, or assessing market breadth. Ratio charts allow for a deeper understanding of market dynamics, aiding in the formulation of informed investment decisions and the identification of potential trading opportunities. Importance of Ratio Chart Analysis: Firstly, they help identify relative strength and weakness between assets or indices. By comparing the performance of two securities, traders can assess which one is outperforming or underperforming the other. This analysis is valuable for making informed investment decisions and allocating resources effectively. Secondly, ratio charts provide insights into market trends and patterns. They can reveal correlations and divergences between assets, which can indicate potential trading opportunities. Traders can identify trends and reversals, spot support and resistance levels, and analyze chart patterns more effectively by using ratio charts. Furthermore, ratio charts assist in analyzing market breadth. By comparing the performance of multiple stocks or indices within a sector or market, traders can gauge the overall strength or weakness of that particular market segment. This information is crucial for understanding market dynamics and making sector-specific investment decisions. Overall, ratio charts are a powerful tool in technical analysis, offering a visual representation of relative performance and aiding traders in identifying trends, patterns, and opportunities for profitable trading strategies.
NSE:CNXITEducation
by vnagaraj0803
Power of 25, 75, and 125-Minute Timeframes in the Indian MarketSelecting the right time frame for technical analysis is a crucial decision for any technical analyst. In the Indian market, the trading session lasts for 375 minutes, starting from 9:15 AM and ending at 3:30 PM. While many traders commonly use the 30-minute, 1-hour, and 2-hour time frames, these intervals often result in incomplete candles, which can distort the accuracy of the analysis. Instead, opting for the 25-minute, 75-minute, and 125-minute time frames can provide more complete data, leading to more informed trading decisions. Drawbacks of traditional time frames: When using a 30-minute time frame, there are 13 candles formed, with the last candle representing only 15 minutes of trading. This disrupts the technical analysis process. By switching to a 25-minute time frame, traders can overcome this issue and work with 15 complete candles per trading day. Traditional 1-hour time frames produce 7 candles, including a final 15-minute candle, which interrupts the smooth flow of technical analysis. By adopting a 75-minute time frame, traders can obtain 5 complete candles, offering a more comprehensive perspective on price movements. Instead of confining analysis to a 2-hour time frame, which results in an incomplete final candle, traders can harness the power of a 125-minute time frame. With 3 complete candles per trading session, each representing a 125-minute interval, a more comprehensive understanding of price dynamics can be achieved. Benefits: Enhanced accuracy in analysing price action, as each candle represents a complete interval of 25, 75, or 125 minutes. Reduced gaps in price action, as each candle becomes a complete unit of time. Clearer depiction of trends with fewer distractions from incomplete candles. Improved visibility of trends, as each candle provides a more representative snapshot of the price action. A more holistic view of the market, aiding in the identification of key support and resistance levels. If you utilize concepts like RBR, RBD, DBR, and DBD, it is recommended to use these time frames, as the presence of an incomplete candle can inadvertently impact your analysis. You may mistakenly consider the last incomplete candle as a base or leg candle, which can affect your overall analysis. Conclusion: In the Indian stock market, precision and accuracy are vital for successful trading. By embracing unconventional time frames like 25 minutes, 75 minutes, and 125 minutes, traders can enhance their technical analysis capabilities and gain a competitive edge. Although these specific time frames are available through TradingView's paid plans, traders without access can still utilize traditional time frames. However, it is essential to recognize the limitations and potential disruptions caused by incomplete candles. Embracing the power of these alternative time frames unlocks a clearer and more comprehensive view of the market, empowering traders to make confident trading decisions. This article is written by Afnan Tajuddin with the aim of encouraging Indian traders to adopt powerful timeframes commonly used by professional traders, to enhance their technical analysis skills. If you found this article helpful, please consider following me for more analysis and educational articles. Your likes and comments are appreciated, as they motivate me to provide more analysis for you. If you have any questions, feel free to ask in the comment box below. Thank you for reading this educational article.
NSE:NIFTYEducation
by AfnanTAjuddin
39
Market Internals still Under Pressure!CNX500 Relative Strength Attached: Nifty 500/ Nifty 50 Daily Chart as of 21st April 2023 This Ratio Chart is NOT supportive of a Bull/ Risk On phase for the Broad Market. The 500 stocks are likely to Underperform while the 50 stocks are likely to Outperform. What does this mean you ask? In simple Layman terms, it means Index Nifty 50 will be MANAGED (propped up) by Heavyweights that make up approx. 50-60% of Nifty 50's Weightage while Under the Hood Selling in Rest of the Market will continue as the ones which are in Down Trends are unlikely to see a Trend Reversal Nifty 50 will Deceive you into thinking it is a Bull Market while the Market Internals suggest otherwise! (Note: This is an update to an Old Related Idea titled: 'Market Internals suggest WEAKNESS' but for some reason Trading View platform is not allowing me to update that Idea with this updated Chart I have prepared. Hence, I have created this as a Separate Post)
NSE:CNX500Short
by T_Harth
MAHINDRA & MAHINDRA FINANCIAL SERVICES - Multiple Indicators📊 Script: M_MFIN (MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY MIDCAP / NIFTY 500 /NIFTY FINANCIAL SERVICES 📊 Sector: Financial Services - Financial Services 📊 Industry: Finance - Non Banking Financial Company (NBFC) Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and going to give breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving crossover. 📈 Volume is increasing along with price which is volume breakout. 📈 Current RSI is around 68. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 229 🟢 Target 🎯🏆 - 259 ⚠️ Stoploss ☠️🚫 - 217 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat🔁 Happy learning with trading. Cheers!🥂
NSE:M&MFINLong
by radha_23
TRIVENI ENGINEERING - 83% RETURNS!!!BUY - TRIVENI ENGINEERING CMP - Rs. 284 Target - 1: Rs. 320 Target - 2: Rs. 520 . . Technicals - 1) Bullish Symmetrical Triangle nearing BO . . Fundamentals - A) SWOT ANALYSIS - 1) Strengths - Stocks with improving cash flow, with good durability. High Revenue and Profit Growth with a High Return on Capital Deployed (ROCE) and Low PE ratio. High growth and High Return on Equity (ROE) with a Low PE ratio. Increasing Revenue every Quarter for the past 4 Quarters. Book Value per share Improving for the last 2 years. Company with decreasing Promoter Pledge. Strong Momentum: Price above short, medium, and long-term moving averages. . 2) Weaknesses - Inefficient use of capital to generate profits - RoCE declining in the last 2 years. Decline in Net Profit with falling Profit Margin (QoQ). High promoter stock pledges. The highest increase in pledges by promoters. . 3) Opportunities - Brokers upgraded recommendations or target prices in the past three months. Undervalued Growth Stocks. Positive Breakout Second Resistance ( LTP > R2). 30-Day SMA crossing over 200-day SMA, and current price greater than open. High Momentum Scores (Technical Scores greater than 50). Stock with Low PE (PE < = 10). Companies in Water Resource/Management. . 4) Threats - 0 . . This is just a view by an expert analyst, please trade at your own risk. . . Follow me for more!
NSE:TRIVENILong
by nilakshgupta