Kotak Bank LongBegin bottom fishing on Kotak Bank by initiating with a small quantity and gradually pyramiding as you progress.
Disclosure : 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 financial advisor before taking any decisions
Nse
Consider BERGEPAINT for purchase within the specified range.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 here is for education purposes only. I will not be responsible for any of your profit/loss with this suggestions. Consult your financial advisor before taking any decisions.
Wipro within the purchasing range.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 financial advisor before taking any decisions.
🎯 Unveil the power of Demand Zones with ACE! Catch the wave📊 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%, ROE 18.8%.
Pros: Debt-free status, expected good quarterly performance, consistent profit growth of 24.9% CAGR over 5 years, improved debtor days.
Cons: Trading at 16.4 times its book value, decrease in promoter holding over the past 3 years.
Peer Comparison: Compared to peers in the Capital Goods sector, ACE shows favorable metrics like ROCE at 26.17% and solid profit growth.
Quarterly Results: Dec 2023: Net Profit ₹88 Cr, EPS ₹7.41, reflecting positive growth trends over the quarters.
Balance Sheet: Shows steady growth in assets over the years, with a well-managed debt profile.
Shareholding Pattern: Promoters hold majority stake, with FIIs and DIIs showing consistent interest over time.
*️⃣ Understanding the Basics - Technical Analysis
First, let's break down some key terms you'll encounter in this analysis:
RBR Zones (Rally Base Rally): This pattern signifies an upward price movement, followed by a period of consolidation (stabilization without significant price changes), before another upward movement occurs.
Demand Zone: A price area where buyers tend to enter the market, causing the price to increase.
Bullish Pin Bar Candle: A type of candlestick that indicates a potential reversal of a downward trend to an upward trend.
📈 In-Depth Analysis of ACE
ACE is currently trading in a very significant area, known as a Demand Zone. This zone is not just any area on the chart; it's a powerful RBR Zone formed on both the daily and weekly charts. Here’s why this is crucial:
The formation of the RBR zone was followed by the price reaching all-time highs accompanied by high volume, showing strong buying interest.
Currently, the price has retraced back to this zone, accompanied by low volume, which could mean a potential reversal or continuation of the upward trend.
Yesterday's price action closed with a Bullish Pin Bar Candle right at the Demand Zone, which often signals a turning point.
💹 Key Trading Strategy
For those looking to trade ACE, here’s a straightforward approach:
Entry Point: Current Market Price (CMP) at 1428.
Stop Loss (SL): Below 1340, to protect against unexpected downward movements.
First Target: Aim for 1600 as an initial profit target.
Risk Management: Consider trailing your stop loss to lock in profits as the price moves favorably.
Disclaimer:
This analysis is for educational purposes only. I am not a SEBI registered analyst. Please do your own research or consult a financial advisor before making investment decisions.
Concluding Thoughts
Thank you for your engagement and feedback. Remember, trading is a journey of continuous learning and application. Feel free to ask questions or share your thoughts on this analysis!
"In trading, as in life, the risk you take is a measure of the success you seek. 🚀"
SWING IDEA - YES BANKYes 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.
Ongoing formation of higher highs indicates a sustained upward trend.
Positive positioning, as the price is trading above both the 50 and 200-day Exponential Moving Averages (EMA), reflecting momentum strength.
Target - 30 // 49
StopLoss - weekly close below 20.85
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Strategic Plan for Hikal Ltd.: Targets and Breakout StrategyHikal 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 weekly candle.
We'll consider the zone between 320 and 330 as a retest area. If the trade becomes active and returns to these levels, we may consider adding more positions.
Targets:
Initial Target: 420-425
Upon closing above 456:
Hold for 595, then 725, and potentially aim for 800 and 880.
Get ready for an exciting ride with Hikal Ltd.
"In a world of uncertainties, gold remains a timeless anchor"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.
SWING IDEA - BIRLA CORPORATIONBirla Corp , a key player in the cement industry, signals a compelling swing buying opportunity driven by strong technical indicators.
Reasons are listed below :
After multiple tests, a robust breakout above the 1600 zone signifies a significant shift in market sentiment.
The breach of a consolidation area spanning over two years indicates a decisive move in the price action.
A bullish engulfing candlestick followed by confirmation in the subsequent week signals a reversal to bullish sentiment.
Trading above the 50 and 200 Exponential Moving Averages (EMAs) on the weekly timeframe indicates a bullish market stance.
The pattern of consistent higher highs reflects sustained bullish momentum.
Elevated trading volumes validate the strength of the breakout, indicating heightened market participation.
Target - 2112 // 2315
Stoploss - weekly close below 1464
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Granules India: Is It the Next Opportunity?- Is Granules India our next PFC contender?
- Similar move, pattern, and good strength observed.
- It's worth considering a speculative move.
- However, we must not risk everything.
- Our course of action:
1. Granules India's current market price is around 476.
2. We will Wait for today's closing, which should be above 474 to meet our bullish trade condition.
3. If the first condition is met, we'll buy above today's high, with today's low acting as a small stop loss.
- Due to the trade's riskiness, we'll manage quantity to mitigate risk.
NIFTY 50 (BULLs VS BEARs) Date - 13th March 2024
Time - 10:05 AM
After seeing today's move of gap up opening and then filled the gap again.
FIXED RANGE VOLUME PROFILE
1. This Volume indicator is more useful than ordinary horizontal and time base volume indicator.
2. Its Flexible to use and you can put wherever you want to identify at that particular time who are the dominators (BULLS OR BEARS), who made that particular move in market.
3. As we can see in chart, I have put 2 Fixed range volume tools for 2 different times, in that Red Lines come out it is showing POC (Point of Control) for that selected range.
4. If Current price is below POC line than we can say Bears are in Dominance , as per current situation in Nifty 50.
5. If Price roaming above POC line means Bulls are in all over Dominance so far.
So, after using this tool we can identify within dark volume range (shown in chart) sluggish movement expected and Until Price won't break POC line and High-volume range either side strong and rational move should not expected.
Lower the volume at any particular price faster the movement we can expect.
NIFTY 50 NSE Date - 29th Feb. 2024
After seeing Chart, it seems like sellers are more aggressive than buyers because it fails to sustain resistance level and also 23rds gap up also not sustain. but still for safer side I suggest wait for retest for Buy side specially.
and on smaller Timeframe should find short opportunity for next 2 to 3 trading days.
Thank you!
IBULHSGFIN : Strong 200 EMA Breakout#IBULHSGFIN #breakout #trendlinebreakout #200emabreakout #swingtrade
IBULHSGFIN : Strong 200 EMA Breakout
>> Trendline Breakout soon
>> Good Strength & Decent Volumes
>> Trending Stock & in Momentum
>> Low Risk High Reward Trade
Swing Traders can Lock profit at 10% & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NIFTY Analysis: Double Top Pattern and Support ZoneNIFTY is currently in a sideways zone, and a double top pattern seems to be forming, but confirmation is still pending. The marked zone on the chart, 21635 to 21515, could potentially act as a support zone for NIFTY as these are Fibonacci levels.
Speaking about the double top pattern, if the price closes above 21126, this pattern will become invalid. On the other hand, if the price closes below 21130, it will confirm the pattern, potentially marking the beginning of a downtrend in NIFTY.
For now, we will wait for a reversal from our marked support zone in NIFTY without taking any action.
IDEA | LONG | SWING | NSE:INDIA | ANALYSISDisclosure : 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 channel suggestions. Consult your financial advisor before taking any decisions.
Buy if:
Follows current price action movements with Volume support
Respects Triangle pattern formation
RSI breakout
Good Volume on price breakout the trendline
Took support on 50 EMA
Exit if:
Sudden down spike with heavy unexpected volume
Breaks 50 EMA
Touches my Stop Loss






















