Opportunity
#SPICEJET .. Consolidation is happening.. Buy opportunity soonAll analysis is presented on charts. Added to watchlist.
To understand higher timeframe structure you can see below
Currently stock is consolidating as can be seen on the chart. The buy opportunity will present after strong bullish closing above 84 levels with good volumes.
Due to the monthly trend line i think tgts of 90 are more likely. At least price is going to stall there for a bit. If a breakout from the higher TF Sym Triangle happens then that can be hugely bullish depending on closing and volumes.
PS- Thank you @Averoy_Apoorv_Analysis for sharing this idea. I always like your content.
PPS- Link to the original idea is in the links below. Please refer to Apoorv's video for an exceptionally detailed explanation of what is going on here. I have tried to only build upon what Apoorv originally presented.
#MARUTI...Inverted H&S BO has happened but can you make money??As can be seen an inverted H&S pattern was forming on the daily charts and a BO has happened...
Now many analysts here will show you a view of this pattern, maybe RSI/MACD numbers, and tell you how there is a huge upside to buying this stock right now..how you can earn 20% profits in a few months.. I am not saying they are wrong but I am not as confident as them about this trade...
Hear me out ...
These analysts fail to notice the thick multiyear resistance/support band just above the inverted H&S pattern... In my opinion it is going to give trouble in short term..and any who buy arnd 7300-7500 in the hopes of stock going up soon maybe disappointed...
If you are experienced and you know what you are doing .. Then go ahead and put your money in..
But if you are one of those people who took it as an investing tip from analysts here and do not know TA yourself..hold off...and only invest after daily candle closes above 7700 and retest of band happens...Yes you will make less money than most risk taking traders but you stand to lose less money too...
Remember, Multiyear resistance BO>=Weekly Pattern BO>=Daily Pattern BO...
Also note the inverted H&S forming in long term.. scroll chart left...
Can be seen better on weekly/monthly timeframes..
This is obviously my sole view .. you can choose to agree/disagree..TA always indicate the price movement and doesn't guarantee it.. However I strongly feel about what I said so keep an eye..
#TWL.. Titagarh Wagons..100% upswing incoming???All details for the trade on the chart
Be careful with this trade as the company has pretty shitty fundamentals.. but as the transport and tourism industry opens up we can easily see an uptick here
This call is purely based on the chart and technicals (which are not full proof) so do not get greedy and only go in with the capital you can afford to lose...
RSI suggests there is going to be a possible red candle during the next week..look for buying opportunities there
Best of luck to us all..
#NMDC .. Add to watchlist..can be huge opportunityStock Analysis on request from a follower ..
The stock price is hitting 11 year old resistances .. The overall chart structure is very bullish you can see the huge momentum through the steep angle of the move that is also supported by the rising volumes
The Volumes suggest a move up as well.. However, there has been huge rejection on these levels before so wouldn't recommend taking a trade now..
To trade NMDC.. Buy after daily candle closes above 197.. That would mean a BO from the descending Triangle and 11 year old resistance..That would be a huge bullish sign..
To ensure it is not a fakeout Breakout check the hourly charts to see if the support is properly tested...
My targets for mid term would be 300-305, 330
#DAAWAT .. 60% upside is possible..BO & Retest.Check the charts for details.
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#HBLPOWER... another 10% bullish candle in less than a week..Check the chart and related idea for more details on this trade.
My first target is already hit... i had said 20% upside it is already up 22% and expected to do better.
I do not think now is a good time to enter this stock as risk would be too high compared to the expected reward...
Revised targets are marked on the chart
Revised SL=48.25
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Please also suggest any stock chart you would like me to analyse for you (NSE, NYSE, NASDAQ, CRYPTO) ..It will be a good way for all of us to learn
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#AFFLE .. This may be an opportunity to buy for 30%There is a sharp recovery from the 78.6% fib retracement level and now stock is hovering around 61.8% retracement levels..
Open position when price closes with a green (preferably long with volumes) bullish candle above 4600, can be easy 30% from here
Intermediate targets are marked too. Fo SL use 4450
#ASALCBR .. reached ATH high today..Another 20% move up can be expected once stock bounces back from the green trend line. tgt arnd 580-600
Full Disclaimer: I own this stock as part of my portfolio. For me it was a value pick as the fundamentals are amazing and business has picked up really well in last few years..
However, at this price it is not a value pick..
#CUPID .. Is a huge move coming?Stock was trading in a Symmetrical Triangle and had price move today which will likely close with a gap today..
As there are buying volumes with the gap it can be a breakaway if price sustains..
Now the second move should be to close above 260 with volumes and retesting of the support.. Then it can be a BO opportunity to go long for targets of 300, 350+ .. Otherwise price will retrace back maybe to 210-220 levels (will buy at this level for long term)
Full disclaimer: I already own a position in this stock as it was a value investing pick for me.. I bought at around 200-210 levels and keeping it as a long term pick...
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Please also suggest any stock chart you would like me to analyse for you (NSE, NYSE, NASDAQ, CRYPTO) ..It will be a good way for all of us to learn
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#TATACOFFEE .. Massive BO at hourly chartCheck the chart for details
There is a massive BO with volumes for Tata coffee at an hourly level..
The stock has finally closed a candle above the month long consolidation zone and the buying volumes are there...
Had posted Breakout Watchout Post previously (Check Related Ideas)
For more such updates on your favourite stocks, follow my page.
Please also suggest any stock chart you would like me to analyse for you (NSE, NYSE, NASDAQ, CRYPTO) ..It will be a good way for all of us to learn
Furthermore, provide your feedback on how I should improve my analysis and what more would you like to see from my page here
#SHREECEM .. 25% upside in next 2 monthsAll details of analysis are on the chart..
MACD and RSI are at great levels too for both daily and weekly timeframes..
the superimposition method is just a way to estimate the timeframe of price movement and is not indicative of how the actual price movement may happen.. Be Aware of that..Also, timeframe of trade will be less or more than my estimate.. I don't know the future, it is an educated guess
#KALYANKJIL ... What's up with the stock..when is breakout??Still trading in a descending triangle pattern.. Support levels arnd 78 are proving to be good supply zones for now..
My outlook on this is still bullish..may breakout of pattern this week..and move up..
I think move up is going to be steep and fast..the pullback is relatively shalllow... Let's see..
#AEGISCHEM .. BO & Retest done .. Buying opportunityCheck Chart for details ..
Company has good fundamentals as well as confirmed uptrend on chart...
My targets between 430-450 in mid term...