Get started

Nseindia

Prime Focus - Bullish Swing Reversal with VolumesNSE: PFOCUS 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 20% to 30% 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
NSE:PFOCUSLong
by BrahmaBull31
GABRIEL - Bullish Swing Reversal with VolumesNSE: GABRIEL 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 12% to 19% 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
NSE:GABRIELLong
by BrahmaBull31
Bharat Dynamics Limited (BDL): A High-Flying Opportunity! Today, we're going to take a deep dive into the technical analysis of Bharat Dynamics Limited ( NSE:BDL ), a government-owned company in India. 📈 Breaking the Rectangle Pattern 📈 On April 24, 2024, BDL broke out of a Rectangle pattern that was formed after making an all-time high. This rectangle can be interpreted as a Re-accumulation in stage 2. 🎯 New All-Time High and Retest 🎯 In last week, the stock broke its all-time high and formed a new all-time high. The breakout was accompanied by very high volumes. In the last 3 days, the stock has been coming down to retest the Breakout with low volume. This shows that the downward movement is without selling interest, which is a good sign. 💡 Trading Strategy 💡 We can plan an entry at 1955 to trade the breakout retest entry or you can say entry at the demand zone of the lower timeframe which is available on the 15-minute chart. Keep a stop loss below 1897 which is around 3% down from the entry point. The first target should be a 6% gain. For riding the rally, trail your stop loss. Thank you for your support, your likes, and comments. Feel free to ask if you have any questions. Remember, the journey of a thousand miles begins with a single step. So, let's step into the world of trading with confidence and determination! 🚀 Please note that this analysis is for educational purposes only. I am not a SEBI registered analyst. This is not intended as a trading or investment recommendation. Happy trading! 🎉
NSE:BDLLong
by AfnanTAjuddin
Unleashing Potential: VSTTILLERS's Exciting U.S. ExpansionThe recent strategic move by NSE:VSTTILLERS , an Indian firm known for its robust agricultural machinery, company is now the largest manufacturer of Power Tillers in India. NSE:VSTTILLERS has created waves in the financial markets. This analysis delves into the technical aspects of the company's stock performance following the announcement of their new subsidiary in the United States. 🔍 A New Frontier for VST Tillers NSE:VSTTILLERS has announced the incorporation of a new subsidiary in the United States. This new company, named VST FIELDTRAC LLC, is a Limited Liability Company (LLC) and was incorporated on April 25, 20241. The new subsidiary will be involved in the manufacturing and trading of tractors and other farm machinery. This move is generally seen as a positive development for VST Tillers Tractors Ltd. Incorporating a subsidiary in a foreign country can provide a company with new opportunities for growth and expansion. The market responded positively, with the company's stock price surging by 5.74% immediately following the announcement. This uptick is a clear indicator of investor confidence in the company's growth trajectory. Technical Breakout Insights : The stock exhibited a breakout from a consolidation phase, signaling strong buying interest and potential for further upward movement. 📈 Stock's Technical Journey Post-announcement, VST Tillers Tractors Ltd. displayed a remarkable chart pattern that deserves a closer look: Prior to this breakout, the stock was in a tight consolidation phase after a downtrend, which can be interpreted as stage 2 or an accumulation phase. Interestingly, before the breakout, the stock was halted in a very tight range of 5% for around 1 month. This period of consolidation is a positive sign as it often precedes significant price movements. This halting occurred in a phase of stage 2, and the subsequent news led to a breakout of the stock. A notable aspect was the stock's ability to break through a critical resistance zone, previously a strong barrier on multiple occasions. This breakthrough reflects a robust bullish sentiment among investors. Entry Strategies for Traders : Aggressive traders might consider entering the stock if it surpasses the recent high of 3558, capturing the momentum. Conversely, conservative traders should eye the demand zone around 3480 for potential buy opportunities, especially if a retest of the breakout level occurs. 🌱 Final Thoughts & Cautionary Notes While the expansion into the U.S. market and subsequent stock response are promising, investors are advised to conduct comprehensive research and align their trading actions with their risk tolerance and investment goals. It's crucial to remember that stock market investments carry risks, and past performance is not a reliable indicator of future results. Lastly, thank you for your support, your likes & comments. Feel free to ask if you have questions. 💡 Trading is not just about strategies but about seizing opportunities. 🚀 Please note: This analysis is for educational purposes only and is not intended as a trading or investment recommendation. I am not a SEBI registered Analyst.
NSE:VSTTILLERSLong
by AfnanTAjuddin
COROMANDEL - Bullish Swing Reversal with VolumesNSE: COROMANDEL 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 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
NSE:COROMANDELLong
by BrahmaBull31
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.
NSE:BERGEPAINTLong
by StopLossSorcerer
1
SPIC - Bullish Consolidation with VolumesNSE: SPIC 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 16% to 26% 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
NSE:SPICLong
by BrahmaBull31
2
RVNL - Bullish Consolidation Breakout with VolumesNSE: RVNL is closing with a bullish consolidation breakout 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 25% 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
NSE:RVNLLong
by BrahmaBull31
VODAFONE IDEA - Bullish Swing Reversal with VolumesNSE: IDEA 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 15% to 28% 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
NSE:IDEALong
by BrahmaBull31
GSFC - Bullish Consolidation with VolumesNSE: GSFC 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 26% to 35% 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
NSE:GSFCLong
by BrahmaBull31
🌟A Deep Dive into STARCEMENT: A Classic Case of Buy on Retest📊 Chart Analysis Overview The technical chart of STARCEMENT presents a fascinating tale of consistent trading patterns that can intrigue both novice and seasoned traders. By deciphering these patterns, we can unearth potential trading opportunities. Here's a deep dive into the stock's behaviour on the chart: 🚀 Key Observations from STARCEMENT's Chart Recurring Breakout Retests: One of the most striking features observed in STARCEMENT's chart is the pattern of breakout retests. Historically, after each significant breakout, the stock prices have tended to pull back to retest the breakout levels. This behavior has been a recurrent theme and provides a clear insight into the stock’s momentum. Formation of New Highs: Post-retest, STARCEMENT often manages to carve out new highs. This suggests a strong underlying market sentiment favouring the stock, thereby indicating a bullish outlook in the wake of each retest. Volume Insights: Throughout these phases, an intriguing aspect is the volume dynamics. The volumes recorded during the retest phases are unusually low. This low volume retest of breakouts is classic and indicative of a less aggressive retracement, which is a positive signal for bulls in the market. 📊 Key Financial Indicators Market Position : Prominent with a market cap of ₹8,941 Cr. Debt Status : Nearly debt-free, enhancing its financial stability. Operational Performance : ROCE at 16.8% indicates efficient use of capital. Profitability Issues : ROE is moderate at 10.8%, reflecting average equity returns. 🚀 Strategic Trading Tips Buying Strategy : Considering the historical success of buying on retests, entering a buy trade at current levels could be advantageous. Stop Loss Strategy : To manage risk effectively, it's prudent to place a stop loss just below the significant support marked by a thick red line on the chart. 📊 My thought The STARCEMENT stock chart is a classic example of how consistent technical patterns can offer actionable insights. Given the recurring nature of breakout retests with low volume, coupled with the stock’s ability to forge new highs post-retest, the current scenario suggests a favorable buying opportunity. As always in trading, while the historical patterns can guide us, it's crucial to stay alert and responsive to any new market developments. Lastly, Thank you for your support, your likes & comments. Feel free to ask if you have questions. Remember, every successful trader keeps an eye on the past but focuses on the future! 🌟 Keep trading smart and stay optimistic! Please note that this analysis is for educational purposes only and I am not a SEBI registered analyst.
NSE:STARCEMENTLong
by AfnanTAjuddin
RBL BANK - Bullish Swing Reversal with VolumesNSE: RBLBANK 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 13% 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
NSE:RBLBANKLong
by BrahmaBull31
MAPMYINDIA - Bullish Consolidation Breakout with VolumesNSE: MAPMYINDIA is closing with a bullish consolidation breakout 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 12% 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
NSE:MAPMYINDIALong
by BrahmaBull31
BHARAT FORGE - Bullish Momentum with VolumesNSE: BHARATFORG is closing with a bullish momentum 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
NSE:BHARATFORGLong
by BrahmaBull31
🎯 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. 🚀"
NSE:ACELong
by AfnanTAjuddin
GUJARAT GAS LIMITED - Bullish Swing Reversal with VolumesNSE: RITCO 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 15% to 22% 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
NSE:GUJGASLTDLong
by BrahmaBull31