Date - 5th April 2024 Time - 11:15 Am As We can see, Indus Tower one of good movers in recent time and gave breakout on weekly and Monthly TF. Little late to post this idea but still Indus Tower is showing good movement on daily basis even when nifty is moderate. Actual good entry was at 250 Rs . when its retest blue line shown in chart but still, I am...
IEX- its breaking out from the previous support after retesting it. Expecting a target of 225 based on simple elliot wave theory. A rounding bottom can also be seen. So can expect much higher levels as there could be a possibility of an extension of the 3rd wave. Will watch and update. Disclaimer - I am holding this stock This is only an illustration of...
Trade idea for Long term Investors High Reward Trade for High Risk Investors Success rate 80% - 90% "Realize Full Potential of a Stock by having Patience" "Stock Market is more about What can happen rather-than what will Happen" In Markets there is no 100% Guarantee but one can invest in High Probability Stocks ALWAYS KEEP IN MIND Rule 1 : Respect Target &...
SRF is on a break out and it seems it is ready to touch 2550,2580,2620, 2640,2700 in July month itself.
NSE:CNXFINANCE Maximum Call writing near CMP is at 24000 strike with 29.13 Lakh followed by 21.45 Lakh at 24200 Strike and 17.64 Lakh at 23700 strike and Put writing of 28.69 Lakh at 23000 Strike followed by 20.86 Lakh at 23400 Strike and 19.25 Lakh at 23600 strike. Index is closed near 23630 level. Index has resistance near 23700 – 23750 range and if index...
02 JUL 2024 WORLD MARKETS 1. US markets are looking neutral to bullish. 2. Europe is looking bearish. 3. Asia is bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is below 15 indicating bullishness to continue. 2. GIFT Nifty is indicating a flat opening as of now. INDEX HEAVY WEIGHTS. 1.HDFC Bank is consolidating with a bullish bias. it has good support at 1695. It...
In this stock lets learn about Central Pivot Range (CPR), as we see in the chart its showing an inside CPR which means a Breakout or Breakdown possible on next day, i have market yellow lines for tomorrows CPR and we do see a trendline support, wait for first 5 minute candle closing above Yellow line i.e., CPR go for long and targets mentioned in the chart. Just a...
Ambuja forming a double top on 1d time frame and on weekly time frame scenario is weak, so price can come down to test support if it has to go up. 1->430 below 423-414 level can be seen (on weekly basis) 2-->for Monday:- 432 below 15min candle closes 430-426.55 target levels can be seen 3-->if sustains above 438 for 15mins then 441-444.10target can be...
MAHANAGAR GAS LTD (1W TF) - Swing Trade Analysis given on 30th June, 2024 Pattern: RECTANGLE BOX BREAKOUT - Weekly Resistance Breakout - Done ✓ - Weekly Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress * Disclaimer
Custom index made on Media industry stocks forming triangle pattern. Already invested in Saregama in Media industry. 70% upside potential is the target of the index.
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...
Wipro has finished the correction and now resumed the upside. It would be a good opportunity to buy it on dips when the risk to reward ratio is favourable. Will keep you guys posted
Good Fundamentals Uptrend Continuation low risk high reward setup cmp 660 sl 640 target 850
Motherson had been moving in an 'ascending parallel channel' since 2017. The scrip fell from a high of 134.85 attained in Jan'22 to a low of 61.80 in March'23, correcting almost 54%. It has taken support from lower end of the channel forming a W kinda pattern in shorter time frame. It started rising in Apr'23 and has risen by nearly 24% in last 3-4 months. The...
Entry Range: Current price level Targets: Target 1: ₹961 Target 2: ₹1290 Stop Loss: ₹729 Trade Rationale: ATH Breakout : The stock has broken out from its all-time high, indicating strong bullish momentum. Technical Indicators : Volume Support Levels : The stock has strong support around ₹729, making it a reasonable stop loss level. Risk Management :...
While all the auto stocks were moving, NSE:ATUL remained silent. Finally it is ready to move now. Trendline breakout strongly done, re-test complete and now heading for inverted H&S breakout. Once it breaks out, 7000+ levels will be there soon. One can expect some strong sales data as a trigger at the beginning of next month.