East india hotel has retested the breakout level of Inverted head and shoulders. Above 240, stock can test 270, 300+ levels.SL is below 210 DCB NIFTY is at a strong resistance of 19400. Any swing trade at this point is risky. Idea shared for educational purposes.
GABRIEL - Breakout in the daily timeframe. The stock is in an uptrend in the higher timeframe and has taken a small dip, with this breakout - it looks like the uptrend is going to continue. Fundamentally the company has strong numbers.
The short-term trend for Bajaj Finance Ltd. (BAJAJ-FIN) on the TradingView chart appears downward with lower highs and lower lows. Here's a breakdown: Volume: Relatively low volume, implying the recent downtrend might lack strong conviction. Price Action: Broke below the recent swing low around ₹7150, confirming bearish momentum. Struggling to hold above...
IT stocks are looking quite bullish. Infosys was consolidating in a flag pattern whose breakout was given last week. A very good stock to buy for long term at an amazing price. From trading perspective, 1300 is a SL with targets of 1700, and then ATH levels. It is an FNO stock so big intraday moves shouldn't be expected. Idea sahared for educational purposes
What a rally PSU stocks have shown in the past couple of years. Definitely, EIL should be one of the multibaggers in the list with Make in India prospering. Logic: Weekly trendline breakout was done and after a retest, continuation of uptrend started.
DEEPAKSP - Weekly breakout completed and the stock is currently retesting its breakout level; The stock has broken out after a huge consolidation and has a good upside potential.
PFC (1D TF) - 21st Jan, 2024 Pattern: SYMMETRICAL TRIANGLE BREAKOUT - Upper Trendline Breakout - Done ✓ - Volume Spike Buildup - Done ✓ - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #PFC
APARINDS - Breakout in daily timeframe with volumes. The company has been performing very well financially, and technically and overall is at a good spot for an entry.
GULFOILLUB (1D TF) Swing Trade Analysis given on 23rd November, 2023 (Thursday) Pattern: ASCENDING TRIANGLE BREAKOUT - Volume Spike Near Neckline - Done ✓ - Breakout Candle - In Progress - Retracement + Consolidation - In Progress #stocks #swingtrade #priceaction
Easemytrip is one of the highest beneficiary of growing tourism in India. The stock has phenomenal sales growth of 45% in past 3 years. New age companies are risky investment stocks but this stock looks best among all. Stock will fly once 52 is crossed WCB I have used fibonacci retracements for targets.
NSE:ENGINERSIN when price drop in the previous 2019 price reacted from a strong demand zone in the half and monthly, Last Time Price Hits Monthly & weekly Strong Supply Zone, then all demand zone Back to Back Breaks, Now Price hits Weekly Dz, there are two excuition level 1st zone very good, if market in strong selling presure may be change to price...
COLPAL (1D TF) Swing Trade Analysis given on 16th Jan, 2024 Pattern: SYMMETRICAL TRIANGLE - Volume Spike Buildup at Resistance - Done ✓ - Breakout of Resistance - In Progress - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #COLPAL
A samll set up in sbin stock good volume and health candles breakout
An Inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of NSE:SHREYAS Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on...
NSE:CENTRALBK In the past was in a severe Down Trend, but currently, it has created a U-shape recovery, which should take the price up to 122, which is approx.136% Return on Investment from the current market price. But before going up there can be some consolidation and a small drawdown. Disclaimer: Stock trading is inherently risky and you agree to assume...
ASIANPAINT - weekly chart looks interesting, the stock has been trading in this channel for the past 3 years. Everytime the stock comes to the bottom trendline, it takes support and bounces back. What will happen this time? Will it take support and bounce or will it break down? Well, time will tell.... but watch out for a good trading opportunity.
JAYNECOIND - Has been trading in the channel for the last 6+ months, the stock has taken support at the bottom of the channel yet again and is showing clear signs of going for its next swing. I see an upside of up to 27% I checked the fundamentals and they look decent.
TEAMLEASE - Breakout in Daily timeframe after 1 year. The stock is coming back for a retest of the breakout zone. I see a handsome risk-reward. The company has decent fundamentals and good sales.