#APOLLO - Box Break Out in Daily chart📊 Script: APOLLO
Key highlights: 💡⚡
📈 Box Break Out in Daily chart.
📈 Price gave a good up move
📈 Went into a Side Ways consolidation for over a year
📈 Volume spike seen on BO
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 151 DCB
⏱️ C.M.P 📑💰- 150
🟢 Target 🎯🏆 – 64%
⚠️ Stoploss ☠️🚫 – 16%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Community ideas
Wipro halting after a gap up opening.Wipro is showing some good chart pattern. The stock has given a gap up opening and took resistance form 303-305 levels.
Watch for a restest of the break out for entry or enter once the resistance levels is breached.
Resistance levels ;- 304, 309.5
Support ;- 294.6, 287.5
Wait for a price action and trade accordingly.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in LLOYDSENGG
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in GANESHHOUC
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ASHAPURMIN
BUY TODAY SELL TOMORROW for 5%
Finolex Industries: A Potential Long-Term InvestmentFinolex Industries has recently formed a butterfly pattern in its stock chart and is currently positioned within a strong support zone around ₹200. The stock has experienced a significant decline of approximately 40%, making it potentially attractive for long-term investors.
Fundamental Analysis of Finolex Industries
Performance Overview: In the fiscal year 2024, Finolex Industries reported a 2.3% increase in revenue and an impressive 89% increase in net income compared to the previous year. The net profit margin also improved to 11% during this period.
Price-to-Earnings (P/E) Ratio: The current P/E ratio stands at 16.6, indicating reasonable valuation relative to earnings.
Debt Levels: The company maintains a low debt-to-equity ratio of 0.068, reflecting strong financial stability and minimal reliance on debt financing.
Return on Equity (ROE): Finolex achieved a solid ROE of 13.69%, showcasing efficient use of equity capital to generate profits.
Net Profit Margin: The net profit margin reached 18.98%, indicating effective cost management and profitability.
Market Capitalization: As of the latest data, Finolex Industries has a market cap of approximately ₹135 billion, which positions it well within the industry.
Yearly Performance Highlights
In the last fiscal year, the company demonstrated resilience with an increase in total income by 8.3% year-over-year in Q4 FY24, despite facing challenges such as raw material price fluctuations.
The company's earnings per share (EPS) saw a significant rise, increasing by nearly 89.6% year-over-year, reflecting robust growth in profitability.
Try Shorting BTC with small SLI believe it will drop after triggering the stop-losses of the last short positions, potentially turning into a significant trade. I’ve tried this approach before, and it responded well on the sell side, although the results weren't as expected. Let’s give it another shot this time, as the probability seems higher now.
Kotak Mahindra Bank exploding after the results.Kotak Mahindra Bank has given good results and reacted gaining 9.21% today.
A good support from 200 EMA on the weekly charts and now its trading around a minor resistance zone.
For a long time the stock is trading in a range, now the stock has reacted to the news. Either it will take a pause on continue to test the upper resistance around 2000 and 2160.
This is the third time the stock is testing the resistance zone. If the resistance is gone chances of test the ATH will be higher.
Daily supports are around 1800-1840 levels. Gap filling can be done but not so early.
It has also cleared the Moving averages gates of all the four EMAs. Bullishness is there in the stock.
Wait for the price action near the levels before entering the trade.
Nazara Technologies Ltd. can experience a range breakout#Nazara Technologies Ltd (NAZARA)
Closing above the 20, 50, and 100 EMA on the weekly chart and taking strong support at the 20 EMA on the monthly chart are positive signs. These indicators suggest that the stock is in a bullish trend and could see further upward movement after breaking through resistance levels.
Additionally, the stock's recent performance and the company's strategic moves, such as raising funds and acquiring new gaming titles, further support the potential for continued growth
Fresh Buy Sinal on Globus Spr. With MACD getting +veNSE:GLOBUSSPR today gains on the drop in rice price for ethanol distilleries with MACD turning Positive and RSI showing Strength, it was from a good base if the given resistance is broken it can provide a good swing.
Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade, with the recent base being crucial levels on downside.
Target(Take Profit):
1115.80 Levels for Positional Trader.
Stop-Loss:
Around 795.85 For Swing Trade and Recent BO Base for Positional Trader.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Dev Info Technology cmp 167.80 by Weekly Chart viewKeep stock on your watchlist for Fresh Lifetime High Milestone making process beyond ATH
Dev Info Technology cmp 167.80 by Weekly Chart view
- Stock Price is trending well above the EMA 21, 50, 100, 200 with positive MACD and RSI
- Volumes currently in a mixed mode of taking control by the buyers and/or sellers regularly
- Weekly Support seen at 141 > 114 > 90 with the Resistance only seen at the recent ATH 191
- Back to Back Bullish Rounding Bottoms formed or a considerate VCP pattern, as one may interpret
- Price traversing within Rising Parallel Price Channel and currently trending above middle support trendline
Aggressive Short call on WiproNSE:WIPRO Aggressive Short call on Wipro hovering near support zone if broken can give good swing, with MACD Showing Weakness, This is Purely Aggressive Trade and its Results are around the corner.
Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade for Aggressive Swing Trader.
Target(Take Profit):
Around 262 to 265 Levels for Swing Trade.
Stop-Loss:
Around 309-313 or When Breaches 20 DSMA For Swing Trade.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FLLOW for more
👍BOOST if useful
✍️COMMENT Below your views.
Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
USDJPY - RETEST OF SUPPORT BREAKDOWN. SELLING AHEAD?Symbol - USDJPY
USDJPY is unable to maintain its uptrend for the time being. Speculation about potential actions from the Bank of Japan is expected to surface. Meanwhile, the US dollar continues to strengthen. The 158.45 level represents a significant resistance formed by bears, who are still exerting pressure on the market. This week, we anticipate active measures from the Bank of Japan, particularly an interest rate hike. While such actions are relatively rare, they could provide strong support for the currency pair. If Japan proceeds with this move, the pair may continue its correction from the 0.5 - 0.7 Fibonacci levels. In this case, key targets could include the zones at 153.25 and 152
Resistance levels: 156.55, 157.22
Support level: 155
A price drop below 155 could trigger aggressive selling. The rate decision in Japan is set for Friday, and until then, the price may remain in a consolidation phase.
Bitcoin Technical - Jan-2025While Bitcoin has hit a new high, the technical indicators suggest that a short-term correction might be imminent, which could be seen as an opportunity for buying at lower levels before the next rally. However, market sentiment and external factors could always sway these technical readings, so traders should remain vigilant.