Positional
Shakti pumps-A long-term investment stock!Shakti pumps had given volume breakout of cup and handle pattern in weekly time frame
Stock is retesting the breakout and low volumes during retracement indicate the same.
If the stock bounces from this support of 950-975, one must not miss this stock for medium to long term. Levels mentioned on chart.
One of the best stock to invest in "Make in India" growth story.
Stock has given remarkable returns in the last 1 year and has the potential to give similar returns in coming years.
good positional entry setup avantifeed...good swing may happen1) breakout from a long base then VCP pattern seen
2) respecting previous support area as box marked
3) previous long base and in this VCP seen strong evidence of institutional accumulation/large operator may be (waycoff principle)
4) 4 marked risk managed system with trailing and pyramiding...only full exit made if some unusal happen
5) will comment in future if going according to plan
Nestle: Bullish Reversal Indicators Signal Opportunity
Description: Nestle demonstrates a potential trend reversal with a bullish engulfing pattern, supported by the 200 SMA and positive MACD. This confluence of signals suggests a shift towards bullish sentiment. It's essential to remember that this analysis is for educational purposes and not a recommendation to trade. Consult with a financial advisor before making any investment decisions.
EPL-Do not miss this consolidation breakout!Essel Propack Ltd(EPL) is sector leader stock among packaging sector and looks like a breakout of triangular consolidation is done.
We can expect a quick move above 240 but today, stock has shown good volumes as well.
This is a relatively slow stock and hence, can test your patience.
But, the risk reward is very good and stock provides a dividend yield of around 2% at CMP.
Positional traders should keep this stock in watchlist.
XAUUSD - Positional Short SetupCMP - 2326.41 on 30.06.24
The price movement in recent sessions is analyzed on the chart. If it does not cross and sustain above the 2340-50 levels, this setup remains valid with a short view.
Possible targets may be 2280/2200.
The setup becomes invalid if the price sustains above 2350 for a couple of days.
One has to choose the position size following risk management. Always think about the exit/stop loss while entering into a trade.
This illustration is only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
LT - Positional Short SetupCMP 3658 on 29.04.24
The chart explains the support and resistance areas in recent sessions. According to the scenario, if the stock does not sustain above 3730, may go weak in the next few sessions.
One should sell between 3650-3700. Targets are mentioned on the charts.
This setup fails if the price sustains above 3730-50. One has to plan the position size and the exit plan wisely.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
Multiyear Breakout - 14 years of consolidationAfter 14 years of consolidation , Engineers India Multiyear Breakout on Monthly Chart ,
Perfect breakout , remove weak hand by retrace then again breakout , know trading at Rs 244.80 . already move 200 % within a year. It could be double my target is Rs 500 within 3 Years with a SL of 204.
YoY Growth QoQ Growth (SHAREHOLDING)
Fundamental analysis :- FII -0.95% -0.59%
DII -2.35% -1.97%
Retail 2.03% 3.05%
Retail has been buying the stock which is usually a sign of exuberance
This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.
IFB Cup & handle breakoutPurely technical view for educational purposes only
IFB is one of the leading brands of electrical appliances.
Stock has given Cup & handle breakout with volumes.
Good stock for positional targets of 1330, 1480.
SL is below 850 WCB.
Try to accumlate in range of 960-980 for better risk reward ratio.
Breakout reason is company has declared good Q2 2024 results.