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Parallel Channel

Nifty 50 ( For minimum 100-200 Points Target )Nifty 50. (Only for Experienced traders" ) Enter after " Breakout and Retracement ". . . For " long " entry: 19420 target: 19505 - 19545 stoploss: 19380 . . For " Short" entry: 19375 target: 19300, 19250 stoploss: 19420 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " Simple, Focus on Consistency "💹. Refer our old ideas for accuracy rate🧑‍💻. Valuable comments are welcomed-✌️ . . [i ]Disclaimer: Our Trading style is not to capture "10-20" points per trade.📊 We take entry only for minimum "100-250" points without any distractions.💹 So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈 So, please consider others ideas. This is for educational purposes.🧑‍💻
NSE:NIFTY
by TheNuraTrading
Nifty ( only for min [100-250] Target ) ProNifty 50. (Only for Experienced traders" ) Enter after " Breakout and Retracement ". . . For " long " entry: 19485 target: 19540 - 19647 stoploss: 19440 . . For " Short" entry: 19430 target: 19410 stoploss: 19460 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " Simple, Focus on Consistency " 💹. Refer our old ideas for accuracy rate🧑‍💻. Valuable comments are welcomed-✌️ . . Disclaimer: Our Trading style is not to capture "10-20" points per trade.📊 We take entry only for min "100-250" points without any distractions.💹 So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈 So, please consider others ideas. This is for educational purposes.🧑‍💻
NSE:NIFTY
by TheNuraTrading
SJS Enterprises - Channel Broken - Trend ReversalSjs Enterprises is a fundamentally strong stock. Promoter increased the stake in Q1. Debtor days reduced from 80 to 68. Excellent OPM Ace investor Ashish Kacholia has sold 0.6% of his stake which is 11.5Cr of shares in sjs on Aug 18, which leads to speculate whether the stock has exceeded overhyped valuations. Also Working capital increased to 233 days from 128 days which was the only downside. Stock closed at the end of the channel on Friday leaving indecision. Today, Parallel channel broken on both Daily and Weekly timeframe. Disclosure: Exited the stock
NSE:SJSShort
by naraykln
Big opportunity in Expleo Solutions.Hello Guys I hope you are doing well. Here I bring the complete analysis of EXPLEO SOLUTIONS. Please Go through all analysis which I have presented to you in a very easy to understand language. Fundamental Analysis: Expleo Solutions 1. About the Company: >>Fast-growing software company, especially with banks. >>Small-cap but growing steadily. 2. Financial Strength: >>Almost no debt, a good sign. >>Profits increasing by around 33% annually over 5 years. 3. Profitability: >>Good at making money, with an average of 26.8% profit on what it owns. 4. Ownership Changes: >>Founders have increased their ownership by about 14.9% recently. Foreign investors are also buying more shares. 5. Future Expectations: >>Predicted to have a strong quarter ahead. >>In summary, Expleo Solutions is financially healthy, profitable, and with increasing interest from its owners and investors, it's looking forward to a positive upcoming quarter. Technical Analysis: 1. Current Trend and Patterns: >>In the Daily timeframe, the stock is moving sideways. >>Initially, it formed a descending triangle pattern and broke out, but later retraced and created a "double bottom" indicating W shape recovery. >>We can also find an another pattern called Ascending Parallel channel pattern, connecting to the previous triangle pattern. >>Presently, the stock appears to be consolidating within this parallel channel pattern. 2. Price Reaction and Support: >>After Q1 earnings, the stock experienced a sharp 25% decline, reaching its support level. >>This significant drop could be due to resistance acting as a barrier. >>Despite the fall, sales and profit ratios indicate stability. 3. Current Situation and Momentum: >>The stock is currently available at a discounted level. >>Over the past 4 days, it has shown consistent upward movement. >>Positive RSI levels suggest favorable momentum. 4. Consideration for Entry: >>Considering the recent positive movement and RSI indications, entering the stock could be considered. >>Place a logical stop loss at 10% to manage risk. >>The potential target is a 25% profit. 5. Buying at Support vs. Breakout: >>Purchasing at the support level is safer compared to buying at breakout points. >>Although it might take longer to see gains, it reduces the risk associated with breakout trading. Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section. Note: This is for informational purposes only. Do your own research before investing.
NSE:EXPLEOSOLLong
by BullishLine
Mighty Nifty - Aug 17Price was moving with volatility and it was choppy for the past few days which resulted in channel formation. Now it has broken the channel. Will it sustain? Read below. Pattern : Channel Range : Medium Trend strength : Normal Buy Above : 19460 Stop Loss : 19420 Targets : 19500, 19520, 19560. Sell below : 19380 Stop Loss : 19410 Targets : 19350,19320 and 19280. Check the live market updates. Expected Expiry Day range is 19300 to 19550. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
NSE:NIFTY
by vanathi
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