Date 10th April 2024
Time: 3:30
IDFC FIRST BANK was in a correction from last year's Sept.
After showing full correction Wave At the end of March it Gap Down and from 1st Day of April it Started moving up seems like its short covering .
But More Confirmation for going long is on 8th April IDFC Gap Up and Going upside continuously.
and finally,...
Date: 24th April 2024
Time : 10:45 Am
Valiant Organics has been in my watchlist for a long time,
Finally, it seems like its Wave structure of downfall is finished with March low point.
Now in ABC Wave Structure C Wave is likely to reach till Depth of Correction Point which means Prev point of 4th wave is new Target.
Apart from this There is a...
BERGEPAINT appears to be within the buying range, and if the price decreases, I will consider acquiring more. I have set a 1:2 risk to reward ratio for the initial profit level, and I intend to hold onto the investment as long as the price continues to rise. It will be interesting to observe the price movement.
I am not SEBI registered. The information provided...
Grasim Industries , a prominent player in the Indian conglomerate landscape, presents an intriguing prospect for swing traders, as evidenced by a convergence of technical factors signaling a potential upward rally.
Reasons are listed below :
The repeated testing of the 2175 level underscores its significance as a critical support/resistance zone. With the...
Date - 5th April 2024
Time - 11:15 Am
As We can see, Indus Tower one of good movers in recent time and gave breakout on weekly and Monthly TF.
Little late to post this idea but still Indus Tower is showing good movement on daily basis even when nifty is moderate.
Actual good entry was at 250 Rs . when its retest blue line shown in chart but still, I am...
DATE - 12th March 2024.
HDFC Bank has breakout today with good amount of candle size and volume too.
Applied Concepts
Chart P. - Inverted H&S
Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart.
Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed...
Wipro appears to be within my budget for purchasing, so I've begun investing a portion of my funds. I anticipate a profit of approximately 150%. My initial goal is to reach the 720 range.
I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this suggestions. Consult your...
📊 Fundamental Key Points:
Action Construction Equipment Ltd engages in manufacturing and marketing hydraulic mobile cranes, tower cranes, construction equipment, and agricultural machinery. The company offers a diverse product portfolio to meet various customer requirements.
Financials: Market Cap ₹17,094 Cr, Current Price ₹1,428, Stock P/E 61.7, ROCE 26.2%,...
ALKYLAMINE is looking for buying opportunity after forming descending channel & clear formation for a movement to the upside. Expecting to reach at 2700
Date - 1st March 2024
Rico has already breached All time high price level which was 114 Rs.
Expecting huge target of 220 from current price 115 of Cup & Handle pattern.
Wave Count also in Favour 5th leg on monthly timeframe is still remaining.
for the safer side majority of your entry should be on retest that shown in chart.
5ema is also supporting on...
Hello
I hope all of you are doing well!!
Bank Nifty analysis for educational and learning purposes.
Pl. share your point of view.
Keep Learning with NG.
Thank You
Nitin Grover
Yes Bank stock presents a compelling opportunity for a swing trade, supported by strong technical indicators:
Reasons are listed below :
Multiple tests at the 21 levels culminated in a decisive breakout.
A significant marubozu candle on the weekly timeframe signals bullish momentum.
The breakout was accompanied by a notable increase in trading volumes.
...
Hikal Ltd.
Current Market Price: Around 304
Hikal's shares have been consolidating within a strong range for the past 14 months, consistently finding support between 260 and 275.
Once again, a glimmer of hope has emerged...
We have a plan in place.
We await a weekly closing above 330 . We will initiate a buy position after a breakout above the high of that...
After facing rejection four times at the @2080 price level over a span of 1302 days, there's a compelling possibility of a breakout. Each rejection indicates a significant resistance point, but the frequency of attempts suggests growing pressure for a potential breakout.
Welspun Living , a company engaged in the home textiles and furnishings sector, presents a potential swing buying opportunity based on several technical factors.
Reasons are listed below :
The repeated testing of the 155-165 zone suggests the establishment of a robust support/resistance level. A potential breakout from this range could signify a notable market...
HFCL emerges as an attractive swing trade prospect, combining technical strength, breakthrough dynamics, and heightened market participation. Traders eyeing potential opportunities should keep a keen eye on these developments, as HFCL navigates its path in the market.
Reasons are stated below :
After enduring multiple tests at the 92 levels, HFCL has...
Date 7th Mar 2024
Chemfab shown breakout with gap opening from significant resistance last week.
Target was already decided with breakout, and now I am giving actual call to buy it after rejecting sellers pressure.
Thank You!
Date- 14th March 2024
Time - 18:41
-As we can see RIIL has formed Cup& Handle Chart Pattern and also trying to retest today on daily basis.
-One more thing I have noticed and applied here is Fixed Range Volume Profile Tool , to identify where exactly the most volume has created. Which was 1000 Rs. in this case.
-If Current price is above POC (Point of...
