JSW STEEL JSW Steel Ready to break out. Multiple time faced resistance price of 769 to 775. Once break out with the volume. it will shoot like rocket.
Keep Eyes on JSW Steel.
note : this is only for education purpose. do your own analysis before taking any trader and consult your financial advisor before taking any trade.
Nse
Nifty 50This is a risky analysis I was trying to fit patterns here but couldn't fit any and the best fit I got was The cup and handle and which might not be right here but it looks more likely to be good and the analysis is that the market is more likely to go up if external factors don't affect them. I've set up the targets for both Bullish and bearish market. You can have them for the options also which may work the same according to this.
And as I've always said I'm open for any suggestions, corrections and anything which can help me learn this. Also check out my other ideas on my profile
Narmada AgrobaseThis chart analyze the fluctuation zone of the stock in which it may render most of the time in the current time but As the PE ratio of the company is 59rs which is too high and the company is currently so much overvalued that more chances are that the prices may drop and the there would be a significant difference. for short term I analyzed the chart and it has a bearish trend which has currently a fluctuation zone (marked with yellow lines). Intraday trade can be predicted from this chart if my analysis is not wrong.
Breakout on either side can be used as anchoring point.
But the MACD chart has the EMA's which are both with the falling wedge which concludes there are more possibilities of the stock price going down.
The trade:
BULLISH
BUY after breakout of 26
Target-1: 27.30
BEARISH
Sell after breakout of 23
Target-1: 23
Target-2: 21
Please Correct me if I'm wrong somewhere. and also check out my other analyses on the profile
Bank NIfty ChartHere I've provided both possibilities for the bank-nifty going bullish or bearish with their corresponding support and resistance levels. Though the EMA is pointing bearish its more likely to go bearish. But let's see what happens on Monday (02-01-2023).
Also I'm open for any corrections or suggestions you'd like to share with me.
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