Nseindia
BREAKOUT, BIRLA MONEY, 127% RETURNS!!!BUY - ADITYA BIRLA MONEY
CMP - Rs. 69
Target - 1: Rs. 89
Target - 2: Rs. 121
Target - 3: Rs. 156
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Timeframe - 6 months - 1.5 years
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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INDIAN HUME PIPE - ANOTHER MEGA MULTIBAGGER???BUY - INDIAN HUME PIPE COMPANY
CMP - Rs. 198
Target - 1: Rs. 290
Target - 2: Rs. 367
Target - 3: Rs. 450
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Technicals - Trendline BO
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NOTE: Target - 1 will be achieved within 6 months, Target - 2 within 1 year, and Target - 3 within 2-2.5 years.
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, HCC, 221% RETURNS!!!BUY - HCC
CMP - Rs. 24
Target - 1: Rs. 43
Target - 2: Rs. 60
Target - 3: Rs. 78
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Timeframe - 6 months - 2 years
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Technicals - Multiple Trendline Breakout
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Note: There were multiple bulk deals in the past 4 weeks made my multiple traders and brokers. This coincides with its recent uptrend and 2 breakouts. I am predicting a trend for the future.
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, NCC LTD, 170% RETURNS!!!BUY - NCC LTD
CMP - Rs. 122
Target - 1: Rs. 212
Target - 2: Rs. 330
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Technicals - Bullish Symmetrical Triangle Breakout
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Timeframe - Target - 1: 1-1.5 years & Target - 2: 1.5 - 2 years.
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, UNION BANK OF INDIA, 169% RETURNS!!!BUY - UNION BANK OF INDIA
CMP - Rs. 80
Target - 1: Rs. 167
Target - 2: Rs. 214
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Timeframe - Target - 1: 1-2 years, Target - 2: 2-2.5 years
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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📈 Exciting Bullish Pattern In A Multibagger Stock Spotted! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Globus Spirits Ltd
🔍 Description: Potential Multibagger Stock on Strong Support of Channel & Law Of Polarity.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Rites Ltd: 1:2 Reward Risk RatioRites Ltd
CMP: Rs. 473.35
Buy Around: Rs. 464/465
Target: Rs. 502
Stop Loss: Rs. 445
Technicals: Symmetrical Continuation Triangle (Bullish)
Time Frame: 7-10 Days
Note:
Traders and investors often use them in conjunction with other technical and fundamental analysis tools to make more informed decisions.
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
JUBLFOOD - Bullish Consolidation with VolumesNSE: JUBLFOOD 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 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Significant breakout in BHARAT FORG.Good evening guys! Here is the analysis Of Bharat forge.
>>It's a neat and clean rectangle pattern breakout in Bharat Forge.
>>As we can see from the weekly time frame, it has been forming a strong resistance and support for the past two years.
>>Today, it has given a breakout because Q1 earnings were released, and the company has performed remarkably well. The company is witnessing its highest sales ever, and its fundamentals seem promising.
>>Now, talking about the breakout, even after breaking the trend line, its volume was not up to the mark.
Entry.
>>The entry would depend on two scenarios: First, we can wait for the candle to pull back a little; if it does, it could be a great time to take a position.
>>Secondly, if we find that instead of coming down, it is sustaining above, it could again be a good time to consider aggregation.
>>There's a strong trendline above the breakout line. There's a good chance that it might retest the larger trendline. We can aim for a 10% gain while setting a 10% stop loss.
Additionally, I've noticed that some people become impatient when the price starts moving sideways. Always remember the reasoning behind your trade and stick to it. Stay disciplined, and make sure you have a proper stop loss in place.
If you find this information useful, please consider giving it a thumbs up. If you have any suggestions or questions, don't hesitate to ask in the comments section.
Needless to say this was for completely educational purpose do consult your finance advisor before investing.
Unlocking the Power of Demand Zones: Jindal Steel Analysis
Hello fellow traders! Today, we're diving into analysis of Jindal Steel, exploring some of the core concepts that every budding trader should know. 🌟
Understanding the Basics 📘
LTF: Lower Time Frame - This is a shorter time frame for analysing stocks.
ITF: Intermediate Time Frame - This provides a comprehensive view of stock trends.
HTF: Higher Time Frame - This offers broader view of longer time.
EMA: Exponential Moving Average - It represents the stock's average closing price over a specific number of days. A 50 EMA means it's taking into account the last 50 days.
Decoding Jindal Steel 🔍
Jindal Steel is presently trading within the demand zones across three timeframes: LTF, ITF, and HTF.
The HTF view shows the stock is at a firm support zone labelled as RBR.
Although the daily (ITF) trend appears sideways, the stock's position in the weekly HTF demand zone adds a bullish tilt. The proximity of the price to the 50 EMA in the ITF confirms an upward trend over the last 50 days.
In the LTF, we notice a distinct pattern named DBR with five base candles. The leg-out candle is robust, and the follow-through seems promising.
Trading Strategy and Insights 💡
Considering the comprehensive scoring, a score of 12 emerges, indicating a positive outlook.
631-632 price is potential buying levels.
The stop-loss (SL) can be set slightly below the 125-minute demand zone, around the 623 mark.
On the upside, a target price can be positioned just under the 125-minute supply zone, approximately at 662. This offers a risk to reward ratio of 1:4.
Your Action Points 🌟
Analyse the data, ensure you understand the underlying concepts, and make informed decisions.
Always remember: "In trading, patience is not just a virtue, it's the key." 🔑
Your feedback means the world! Please like, comment, and follow for more insights. Every interaction counts!
Don't forget to follow me for more analyses: in.tradingview.com
Disclaimer: The above analysis is purely for educational purposes. I am not a SEBI registered analyst. Always conduct your research before making any investment decisions.
Thank you for your continuous support🌟
DEEPAKNTR - Bullish Swing ReversalNSE: DEEPAKNTR 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 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Power Grid Corporation
🔍 Description: The target of multiple patterns is pending, stock bounced back from solid support.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.