NHPC - SWING TRADE - 3rd December #stocksNHPC (1D TF)
Swing Trade Analysis given on 3rd December, 2023 (Sunday)
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike Near Resistance - Done ✓
- Trendline Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #nhpc
Nseindia
Basing. Breakout. Consolidation (flag). What next ?All details marked on the chart itself.
Always sensible to use a trailing stoploss (like 50 or 20 Moving Average)
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Trading is just like parenting, everyday brings new challenges. The only trove of knowledge is experience.
- A Trader's Wife.
GULFOILLUB - SWING TRADE - 23rd November #stocksGULFOILLUB (1D TF)
Swing Trade Analysis given on 23rd November, 2023 (Thursday)
Pattern: ASCENDING TRIANGLE BREAKOUT
- Volume Spike Near Neckline - Done ✓
- Breakout Candle - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #priceaction
ABCAPITAL - Bullish Swing Reversal with VolumesNSE: ABCAPITAL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has reversed at key support area which is indicating demand.
One can look for a 16% to 24% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
TEXRAILTEXRAIL:- The stock has given a breakout after 9 years. Keep an eye on the stock.
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.
SWARAJ ENGINES - Bullish Swing Reversal with VolumesNSE: SWARAJENG is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has reversed at key support area which is indicating demand.
One can look for a 10% to 15% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NAHARSPING - TRADE ANALYSIS - 27th November #stocksNAHARSPING (1W TF)
Trade Analysis given on 27th November, 2023 (Monday)
Pattern: RECTANGLE BOX BREAKOUT
- Neckline Resistance Breakout - Done ✓
- Weekly Volume Spike Near Neckline - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #priceaction #traderyte #naharsping #nseindia
M&M Finance - Bullish Consolidation with VolumesNSE: M_MFIN is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 11% to 18% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
DATAPATTNS - Bullish Swing Reversal with VolumesNSE: DATAPATTNS is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal and trendline support for the past few days which is indicating demand.
One can look for a 17% to 24% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
CCL - Bullish Swing Reversal with VolumesNSE: CCL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
GNFC - Bullish Swing Reversal with VolumesNSE: GNFC is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal and trendline support for the past few days which is indicating demand.
One can look for a 13% to 20% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
HINDALCO - WEEKLY TF ANALYSIS - 27th November #stocksHINDALCO (1W TF)
Trade Analysis given on 27th November, 2023 (Monday)
Pattern: ASCENDING TRIANGLE
- Neckline Resistance Breakout - Done ✓
- Retracement + Consolidation - In Progress
- Volume Spike - In Progress
#stocks #swingtrade #priceaction #traderyte #hindalco
JHSJHS:- Stock has given breakout after 5 years, volumes are also good
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.
RICOAUTO - Bullish Consolidation with VolumesNSE: RICOAUTO is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
IDFC FIRST BANK SUPPORThere are the strong support and resistance levels for IDFC First Bank (NSE: IDFCFIRSTB) as of today, January 24, 2024:
Support Levels:
81.40: This level has acted as support multiple times in the past and could hold again if the stock price falls further.
IDFC First Bank support level 81.40
78.35: This is a longer-term support level that coincides with the 50% Fibonacci retracement level of the rally from the March 2023 low to the August 2023 high.
72.00: This is a major psychological level and the 61.8% Fibonacci retracement level. A break below this level could signal further downside potential.
RELIGARE - Bullish Spinning Top with VolumesNSE: RELIGARE is closing with a bullish spinning top candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 15% to 23% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
SWING IDEA - BALKRISHNA INDUSTRIESFor savvy traders seeking the next big opportunity, Balkrishna Industries is now in the spotlight with a breakout that demands attention.
Reasons are stated below :
After multiple tests, Balkrishna Industries has triumphantly closed above the key resistance level at 2675, signaling a decisive breakthrough.
The stock has shattered a robust consolidation spanning over two years, suggesting a potential shift in the underlying market dynamics.
A bullish hammer formation, engulfing the preceding candles, provides a strong visual cue of bullish momentum, enhancing the appeal of this breakout.
Balkrishna Industries has not only breached but also taken out all previous highs, showcasing the strength of the current upward movement.
The stock's ability to establish constant higher highs underlines a sustained bullish trend, offering traders confidence in the stock's positive trajectory.
With the price trading above both the 50-day and 200-day EMAs, the technical landscape indicates that the trend is intact, adding another layer of confirmation to the breakout.
Target - 3144 // 3361
StopLoss - weekly close below 2506
@visionary.growth.insights
SHALBY LTDShalby Ltd has given a strong breakout above 273 and has gained a good potential to move upside. Shalby Ltd is consolidating in a particular range, I am bullish on the stock only after 330 on closing basis. Targets are 380, 410, 452, 500.
Long Term View
Only For Educational Purpose
Do your own Research
TEJASNET - Bullish Consolidation with VolumesNSE: TEJASNET is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
HOMEFIRST - Bullish Consolidation with VolumesNSE: HOMEFIRST is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 10% to 15% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade