Nse
LT forming a head and shoulder pattern with next support too farPositional traders can take good advantage of this opportunity, as the market is slowly turning bearish due to covid crisis world wide, we might see correction in individual stocks as well, here LT has formed a head and shoulder pattern and it is currently near its neckline, a solid breakdown from that point can make it fall to around 2075 levels.
HDFC AMC : +22% Upside PotentialHDFC AMC 20 Dec 2022
In Play : HH : HL
Summary
• CMP 2290
• Clean Trendline breakout with Vol on 07 Dec 2022
• Nice consolidation above trendline
• Trading right above VP mountain
• Next Resistance 2480/2538 : Swing High LT
Conclusion
• CMP 2290
• Long position can be initiated
• Higher Targets could be around
o Short Term : 2344/2414/2487
o Mid/Long Term : 2594/2707
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
TCS can be bought ABOVE 3327TCS seems to continue on its previous trend. Can be bought in Cash market around 3327 with Stop loss of 3235 and a target of 3603
FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY
The information posted are for educational and informational purposes only. These are trade which are taken by me personally along with money management. However, under no circumstances, or no word written on this post suggests or makes me liable for any trade which the visitor makes based on the information provided on this post. THIS POST IS STRICTLY CONSIDERED FOR INFORMATION PURPOSES ONLY and IS NOT AN INVESTMENT ADVICE. I am not a SEBI Registered Investment advisor, not do i claim to be one.
Shriram Pistons & Rings LimitedSHRIPISTON:- Cup and handle pattern formed, keep on radar..
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
NAGREEKCAPNAGREEKCAP:- Rounding bottom pattern has formed, breakout has given, keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
LTTS - An opportunity for swing trading is identifiedWith buying volume being noticeable and selling volume being extremely low and barely noticeable, LTTS is currently trading in a bullish trend. The stock is also trading on daily demand zone, which is seen on lower time frames as well.
For a low risk but high return trade setup, This makes it an ideal opportunity to plan our buying entry at this zone while setting our stop loss below the demand zone for a low risk yet high reward trade setup.
Wave Volume Divergence Indicator utilised primarily for volume analysis.
Please like this analysis if you found it helpful and follow me for similar analysis.
Thank You
Intellect Design for Next Few DaysNSE:INTELLECT
Analysis after 9th dec 2022 closing
Wave Count - Last leg for C wave is remaining.
Berish Revered Divergence - which indicates buyers exhausted.
Weekly TF - Last week closing was formed bearish engulf candle for Weekly TF.
What if Analysis,
Next T. Day if Huge GAP UP wait for to break 420 Rs support for confirm Entry.
Target
~334 rs
Nifty 50 (Till Monthly Expiry)NSE:NIFTY
Analysis After 12th Dec 2022 Closing.
>After Last day closing my view on nifty is Neutral Basically Until, it close beyond 18500-18350 range in Daily TF .
> If it Close above 18500 then - T1 will be Previous High and T2 will be 78% retracement of All time High Point of Nifty.
>If it Close below 18350 then- I'm expecting that it will retrace downside till 38% of whole impulse move. (because possibly 4th wave for higher cycle).
>Weekly TF - Last week candle was Bearish Piercing , should not be ignore. (Bearish)
Monthly Expiry on 29th December 2022
Piramal Enterprise For Next WeekNSE:PEL
Analysis after 9th dec 2022 Closing
Double Bottom Pattern - DB with Bullish Divergence on MACD & RSI (BULLISH)
Weekly TF - There is inverted hammer candle on resistance (BEARISH)
But still there is no bearish Revered divergence means Buyers still have potential to breakout
Entry
Either on Higher Low for early entry or,
Wait for breakout of red resistance line.
Ignore study if There is huge GAPDOWN.
POLYMED - Trading opportunity is discovered - Swing TradePOLYMED is trading at weekly & Daily Demand zone, This demand zone is also visible in lower Timeframes.
We can see that the selling volume is decreasing, so we can set our stop loss below the support zone and plan our trade accordingly.
I can conclude that this is a trade with Low Risk & High Reward.
If this analysis is useful to you then please like it & follow me for such analysis and and let me know what you think about this analysis in the comment box below.
Indus Ind Bank : +38% Upside Potential15 Dec 2022 Indus Ind Bank
Summary :
• Stock Breakout (15 Dec 2022)
* Low Volume
• Base of 3 months
• Cup & Handle Pattern
• Potential of +8% to +38%
Conclusion:
• CMP 1270
• Long positions can be initiated
• Stop Below 1110
• Higher targets could be around
o Short Term – 1373/1440
o Mid to Long Term – 1589/1660/1720
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat