Polycab - Positional SetupCMP 6420 on 04.11.24
All important levels are mentioned on the charts. A long parallel channel has been acting as a support level in the last weeks. If Sustains above 6300 levels, it may go to 6850/7000.
This is only for learning and sharing purposes, not buying or selling advice in any form.
All the best.
Positional
Mphasis - Multiple BreakoutsCMP 2910 on 19.08.24
It can be seen on the charts that the stock has been forming a triangular pattern and Cup & handle pattern in the last 2-3 years. Already shown the breakouts of both the pattern around July 24. Already retested the breakout in recent sessions and showed a strong bounce back in the last session ( closed 192 points above).
If the momentum continues, the next target area may be around 3230, 3640, and even more.
Plz analyze the chart carefully and make a strategy that suits you. Make an exit according to your risk management. However, if it trades below 2650 levels it will show weakness on the charts.
The above illustration is only my own view, only for learning and sharing purposes, not a buy or sell advice in any way.
All the best.
IPCA Lab - Observing Buy SetupCMP 1361 on 09.08.24
The above weekly chart shows that the price has formed a cup & handle pattern in the last 2 years. If this pattern continues we can expect a breakout on the charts.
MACD is showing a likely crossover too.
Possible targets may be 1600/1800 or even more.
As long as it sustains above 1300, this setup remains relevant.
Decide your exit levels according to your position sizing and risk-management.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
STARHEALTH - Symmetric Triangle Breakout🔊 STARHEALTH - Symmetric Triangle Breakout
STARHEALTH - STAR HEALTH & AL INS CO LTD
⌛Duration - Short Term (4 month to 8 month)
📊📈 Trade Logic -Symmetric Triangle Breakout
CMP - ₹628.65
Time Frame - Weekly
🎯Target 1 : ₹760
🎯Target 2 : ₹830
🎯Target 3 : ₹900
🛑 Stop : ₹560
🏆 Risk/Reward Ratio (1: 4.25)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
LXCHEM - Rounding Bottom Formation🔊 LXCHEM - Rounding Bottom Formation
LXCHEM - Laxmi Organic Industries Ltd
⌛Duration - Short Term (4 month to 8 month)
📊📈 Trade Logic - Rounding Bottom Formation
CMP - ₹297.80
Time Frame - Weekly
🎯Target 1 : ₹380
🎯Target 2 : ₹425
🎯Target 3 : ₹470
🎯Target 4 : ₹540
🛑 Stop : ₹245
🏆 Risk/Reward Ratio (1: 4.5)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
HAPPSTMNDS - Falling Wedge Pattern Formation🔊 HAPPSTMNDS - Falling Wedge Pattern Formation
HAPPSTMNDS - HAPPIEST MINDS TECHNO LTD
⌛Duration - Long Term (1 year to 2 years)
📊📈 Trade Logic - Falling Wedge Pattern Formation
CMP - ₹ 813
Time Frame - Weekly
🎯Target 1 : ₹940
🎯Target 2 : ₹1050
🎯Target 3 : ₹1160
🎯Target 4 : ₹1260
🛑 Stop : ₹735
🏆 Risk/Reward Ratio (1: 7)
* Stock hit ATH of ₹1580 on 12th July 2021
* After sharp fall from july 2021 to June 2022,
stock goes into consolidation mode without
any significant price change.
* Stock recently bounced back from support
line and this time there is high chance to
break the resistance and start upward journey
* Trade reason - IT sector in momentum,this stock
is already beaten down and is at good support
level.
* FII and DII have increased their stake in June
qtr vs March qtr.
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
AMIORG - VCP Chart Pattern Breakout🔊 AMIORG - AMI ORGANICS LTD.
AMIORG - VCP Chart Pattern Breakout
⌛Duration - Short Term (4 month to 8 month)
📊📈 Trade Logic - VCP Chart Pattern Breakout
CMP - 1381.05
Time Frame - Weekly
🎯Target 1 : ₹1680
🎯Target 2 : ₹1888
🎯Target 3 : ₹2125
🛑 Stop : ₹1210
🏆 Risk/Reward Ratio (1: 4.3)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
LTIM - SYMMETRICAL TRIANGLE BREAKOUT🔊 LTIM - LTIMINDTREE LTD.
⌛Duration - Long Term (8 month to 15 month)
📊📈 Trade Logic - Symmetrical triangle breakout
CMP - 6127
Time Frame - Weekly
🎯Target 1 : 6500
🎯Target 2 : 7580
🎯Target 3 : 8600
🎯Target 4 : 9200
🎯Target 5 : 10000
🛑 Stop : 5500
🏆 Risk/Reward Ratio (1:6)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
FINOPB - Rounding Bottom BreakoutFINOPB - FINO PAYMENTS BANK LTD
Trade Type - Short Term (2 month to 6 month)
Trade Logic - Rounding Bottom Breakout
CMP - 392.10
Time Frame - Weekly
Target 1 : 435
Target 2 : 500
Target 3 : 580
Stop : 330
Risk/Reward Ratio (1: 2.8)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
HMT is it going to be a Multiyear Breakout HMT Ltd The company is engaged in the manufacturing of Food Processing Machineries etc.
After 14 Yrs of Consolidation, at breakout level. Only concern is lower circuit and upper circuit.
Cmp 93.18.
The company has shown a poor profit growth of -69.48% for the Past 3 years.
Company has a poor ROE of 6.14% over the past 3 years.
Company has a poor ROCE of 3.47% over the past 3 years
Other Income was 2735 Mar 2024 which bring Net profit in profit.
This information is NOT a recommendation to buy or sell
#IMAGICAA - PARALLEL CHANNLE BREAKOUT#IMAGICAA - IMAGICAAWORLD ENT LTD
Trade Type - Short Term ( 10 days to 1 Month)
Trade Logic - Parallel Channel Breakout with massive volume
Chart Pattern - Parallel Channel
CMP - 101.30
Time Frame - Daily
Target 1 : 109
Target 2 : 114
Target 3 : 120
Stop : 91
Risk/Reward Ratio ( 1: 1.7)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
Bata - Long SetupIt is clear from the chart that the price is at the long-time support level of around 1550. if bounces back from this level, may go into a bullish phase. That may carry the price to 1720/1770 and even more.
Long time target seems around 2100.
This setup fails if the price trades below 1515 for a couple of days. Unless it comes above 1550 again. This point in time is good for this buy setup in terms of risk-reward ratio.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
IDFC FIRST BANK on wait and watch modeIDFC FIRST BANK CMP 74.21 - 25 % dip from top .As per fib retracement levels IDFC FIRST BANK Trading below 0.5 level ,75.5 is a support , and price is trading below 75.5
as per my analysis Uptrend will resume when price move above 77 or 80. could be safe entry.
Please Note its my personal view its not a Buy or Sell recommendation