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Positional

TCS-An ATH breakout of investment stock with IHNS pattern!TCS is India's largest IT stock which has been consolidating since 2021 in an inverted head and shoulders pattern. Stock has managed to give weekly closing above neckline with decent volumes. Positional traders can also keep an eye on this breakout. If it sustains, we can see good quick move in the stock. However, markets are also trading at ATH and a correction MIGHT be seen post budget. It is better to watch the market reaction and stock movement for a week before entering. Not a recommendation, just my personal opinion
NSE:TCSLong
by chartistamey
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.
NSE:SHAKTIPUMPLong
by chartistamey
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.
FXOPEN:XAUUSDShort
by anandlive
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.
NSE:LTShort
by anandlive
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.
NSE:ENGINERSINLong
by Hussain_369