Positionaltrade
Apollo Hospital - All time high breakoutThe Stock is giving a big breakout of all time high levels of 5813 on daily and weekly chart after almost 2 years. If today the stock managed to close above 5813 the breakout will be said a successful breakout and possible level of targets would be:
1st target - 7000, 2nd target - 9171, 3rd target - 11329.
This stock shared is for educational purpose and does not include any buy or sell recommendations.
Happiest Mind is ready to Formed Bullish Pennant PatternHappiest Mind is Done almost 3 year Consoliation in form of
Bullish Pennant Pattern
it is Given Also Falling Wedge Breakout
Here R:R (Risk and Reward ratio is Also Good)
Keep eyes on this stock
CMP is 913
and Here our SL is Very Low
Hold For Big Gains
1111
1334
1537
2000+
TATAMOTORS Long for Medium TermThe stock has been in consolidation mode since July 2023 in the range of 600/- to 660/-.
It broke out of this consolidation range and closed at 671.55 today the 15th Nov 2023 with a daily volume of 11.32 mil shares against the average daily volume of 9.03mil shares.
The stock has been consolidating above its all time high of 603.80 reached on 3rd Feb 2015, however it is still inside the daily sell zone of 666/- to 678/-
INFERENCE: The stock shows strength in the current state and one can go long after a close above 678/-.
Medium Term Target: We are looking at a medium term (4 to 6 months) target of 860/-. This is about 26% on 678/-.
Ready to BLAST OFF (Positional Pick)Rattan India has given a fantastic breakout on Weekly Timeframe. Wait for tomorrow's candle close and the build positions gradually as this is a positional trade. The volume spike has been the highest ever in this stock so that gives it more confidence. Wait for some retracement to get a better risk reward
Positional trade setup of 64% in Chambal Fertiliser Last week the price gave a momentum derived breakout of the triangular pattern. This breakout should end the long time consolidation in the stock. Now we have to wait for a breakout of the resistance level of 315. The breakout of 315 will initiate the uptrend. Potentially the price can test its high of 516, which is 64% from the breakout level.
EMA Bands: Both short-term and long-term ema's are on the same levels. But the degree and nature of separation of bands indicates a bullish cross in coming days.
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Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. This material is for educational purposes.
Thanks
Er. Simranjit Singh Virdi
EIH Limited: Hospitality Excellence and Trading Potential 🏨EIH Limited: Luxury Hospitality Player 🏨
Luxury and potential blend seamlessly! 🌟
Snapshot:
EIH Limited, a prominent name in the hospitality sector, is in the spotlight. Operating luxurious Oberoi hotels and five-star Trident hotels, this company has carved a niche in the industry.
Trading Insight:
Remarkable consolidation over 64 trading days has caught our attention. This phase of consolidation might set the stage for a significant market move.
Stay tuned as we keep an eye on EIH Limited for potential trading opportunities! 📊👀
(Note: This is not financial advice. Always conduct your analysis before making trading decisions.)
#TradingView #StockAnalysis #EIHlimited #TradeOpportunity
LEMONTREE: Riding the Upward Wave 🔥Lemon Tree: Ascending Triangle Breakout 🚀
Lemon Tree, a major player in India's hotel industry, is making waves. 🏨🌟
📈 Technical Analysis:
The stock is exhibiting an ascending triangle pattern breakout, indicating a potential bullish move ahead. This formation suggests that the upward momentum could continue, presenting a trading opportunity.
🔍 What's Happening:
Lemon Tree, known for its hospitality excellence, is riding on positive sentiment. The ascending triangle breakout could signal a further rise in stock value.
📊 Trade Idea:
Consider a long position in Lemon Tree with appropriate risk management strategies. Keep an eye on price action and volume for confirmation.
(Note: This is not financial advice. Perform your analysis before making trading decisions.)
Stay tuned for more trade ideas and insights! 📈🔍
#TradingView #StockAnalysis #LemonTree #TradeIdeas
EIHOTEL - Breakout and Retest Setup 🚀Hey Traders! 📢
EIHOTEL is showing a promising Breakout and Retest setup, making it an excellent candidate for swing trading. 📈
**Key Points:**
- Clear breakout from previous resistance.
- Retesting the breakout level, confirming potential support.
- Positive momentum indicators.
- Potential for a significant upswing.
**Trade Strategy:**
- Entry: Above the retest level.
- Stop Loss: Below the support-turned-resistance.
- Target: Aim for a favorable risk-reward ratio.
Remember to conduct your analysis and risk management before entering any trade. Happy trading! 🚀💰
#SwingTrading #StockMarket #TechnicalAnalysis #EIHOTEL #TradingView #SwingTradeOpportunity
KKCL - Ascending Triangle Setup 🚀Get ready for a profitable swing trade with KKCL! We've spotted an ascending triangle setup, indicating potential upward movement. Stay tuned for our in-depth analysis in our upcoming TradingView idea. It's time to seize the opportunity for gains! 📈💼
#SwingTrading #AscendingTriangle
GRSE - Garden Reach Shipbuilders Garden Reach Shipbuilders & Engineers Ltd stands as a leading shipbuilding firm in India, operating under the oversight of the Ministry of Defence. Its primary focus is on meeting the shipbuilding requirements of both the Indian Navy and the Indian Coast Guard.
Technicals:
▶ Trend changed in April due to bull market
▶ 50 EMA has always acted as a support
▶ There is a good chance that it will uphold this behaviour in the short-term.
▶ A demand zone is present at 575-640. This zone could provide a bounce if and whenever the price returns to it. Hence, I see this as a accumulation opportunity for the long-term.
Fundamentals:
March 2023
▶ Sales Growth: 46%
▶ Net Profit Growth: 20%
March 2022
▶ Sales Growth: 53%
▶ Net Profit Growth: 24%
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
Indusind Bank Head and Shoulder Pattern - hourly timeframeYet another H&S structure is formed in the IndusInd Bank's chart of hourly time frame. In a bull market like the one underway, this pattern has a very high probability of achieving the target. I am going long, are you?
PS: This is NOT a trading call or advice. Please do your own research.
HDFC AMC looks good for Positional Trade.HDFC AMC looks good for Positional Trade. W pattern breakout given on Monthly chart. Also RSI is showing strength, can be a good buy on Dips.
Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
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Aarti Pharmalabs- Price is sitting at the demand zone + flip level.
- There is a small deviation from the parallel channel which seems like a bear trap to me.
- If the demand zone holds up, then there is a good possibility of the ATH over the next few months.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
HG infra has given breakout and now retested the levels.HG infra has given neat and clean breakout on daily timeframe and now it has retested the levels also. Now this is going to fly towards all time high levels. So if anyone wants to go long can go with given levels on chart.
This could be a positional trade chances are high we can capture here more than 100 rs move.
Price and Action proper showing a bullish momentum in this ticker.
Disclaimer:- Always do your own research or consult with your financial advisor before taking any trades.
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Regards
Rahul Pal