Positional
TECHMHi guys, In this chart i Drew My Best Levels in TECHM for Long position using 30M Time frames.... I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
ZEELHi guys, In this chart i Drew My Best Levels in ZEEL for short position....I am in a downtrend right now so shorting is better, I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Profiting from Breakouts: KPR Mill SpotlightOn Daily Chart there is a very good breakout , retrace and again breakout on KPR Mill
with a small stop loss of 575
CMP 604
can expect 1st Target 685
2nd Target 766
KPR Mill fundamentally strong company
The company has shown a good profit growth of 36.22% for the Past 3 years.
Company has been maintaining healthy ROE of 25.70% over the past 3 years.
Company has been maintaining healthy ROCE of 28.78% over the past 3 years.
Company has a healthy Interest coverage ratio of 74.15.
The company has a high promoter holding of 74.78%.
The company has a strong degree of Operating leverage, Average Operating leverage stands at 9.68
One of the Best combination of technical and fundamental
" Please do your own analysis before take a trade"
Trade Idea on SRF with Bird Eye View and Notes Following is the bird-eye view of SRF point-wise:
1 and 2) I see two patterns here on a Weekly time frame; 1 is a parallel channel, and 2 is a symmetrical triangle
( Note: Both can be bullish or bearish patterns depending on their previous more significant wave, here it was bullish )
( Note 2: Currently sitting at the support of bottom parallel channel making a W pattern and sitting at bottom support of symmetrical pattern too )
3) It's a Fibonacci extension, made for the consolidation zone - High and Low, For Futures higher Targets.
4) Steep CT: It's a steep counter-trendline breakout, giving us the probability of future upside potential
5 is the probable weekly time frame SL and 6a is probable Weekly time frame basis and pattern top basis Target 1, 6b and 6c are fibo ext target as taken from point 3
Breakout and retest in IRFCPreviously 26 was acting as resistance for IRFS
Then it broke that level with huge volume on November-2022.
Right now it is retesting that level with very low volume, providing us with a good opportunity for positional trade.
<<< Do your own research before taking any trades >>>
GUJGAS RISING WEDGE AFTER MAKING RISING WEDGE IN GUJGAS
A stock is in consolidation
a movement come in a stock in downword But
Again from the lower level there is buying in stock
stock still not complete the target of rising wedge
keep an eye on that
just a view
consult your advisor before any action
Trade Idea on Ambuja Cement with Price action notes In the above chart, the price action goes like this.
1) 50-60% Fibo retracement zone - Stock after a substantial fall getting lots and lots of demand from this zone
2) Its fibo retracement - Used from a swing low to swing High
3) Its called a counter trendline - stock currently getting demand on the extended CT, as a result of breakout and bigger time frame retest
4) It's called a trendline, made from a swing low point to another swing low, extended forward, giving a demand zone
5) Its called a Confluence zone, Candlestick pattern is bullish pressure, lower wick multiple rejection on W time frame and cluster of many other demand areas
6) 3 Yellow lines are potential Target zones from CMP.
JSW ENERGY --POSITIONAL JSW ENERGY --DAILY CHART SETUP --POSITIONAL
1. Jsw energy seen on daily chart setup retest previous lower channnel breakout level around 250-255
2. currently stock trading above 21, 44, 50, 200 HMA
3. one can initiate Buy around 250-255 for current level target 270-280-300 positional (1-3 ) Month stop loss 220 bellow strong support line
4. CCI at above center line ( bullish )
5. RSI 55 level above 60 will be bullish zone
6. MACD above center and signal line bullish .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!
HAPPY TRADING ,!!
A positional Long in BioconNSE:BIOCON
Hello everyone!
I noticed a trade in Biocon
Biocon is taking support at a long term trendline with a divergence in RSI
and stock is already corrected as well so I will prefer to buy in Biocon as a 1-year investment perspective.
My target will be 300 rs in biocon.
Let's see what happened.
Hope for the best!!
for more connections
follows us at insta handle @dhanrajmoney