Stock has been consolidating in a range from many days.Volume breakout has happened today. Stock should sustain above 850 for couple of days for confirmation. Levels mentioned on chart. Highly risky trade.
Daily Timeframe Stock in an Uptrend. Retracing back to the Daily RBR level of around 29.2. Looks a good opportunity to go long on a retracement to the Demand Zone.
MCX (1D TF) Swing Trade Analysis given on 16th Jan, 2024 Pattern: FALLING WEDGE BREAKOUT - Breakout of Resistance - Done ✓ - Volume Spike Buildup at Resistance - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #MCX
Hero motors stock has formed a cup and handle pattern from past 4 years. A breakout of this pattern will unlock new highs for the stock. From investment POV, stock offers attractive dividend yield of more than 3% at CMP. Some ratios from fundamental analysis are: D/E is almost 0 ROCE>20% ROE>15% PE is 20 at CMP For trading purposes, stock is risky considering...
#TITAN (1D TF) Swing Trade Analysis given on 27th December, 2023 Pattern: RECTANGLE BOX BREAKOUT - Volume Spike Buildup - Done ✓ - Breakout of Resistance - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte
Potential swing trade opportunity in CENTURYTEX - Daily timeframe. There is a potential upside of up to 16% in this next leg of swing within the pattern.
Weekly breakout in LAURUSLABS after 3 years, good upside and a nice 1:1+ Risk reward. Cherry on the cake: FIIs and DIIs increased their share in this stock in the last quarter
This has given a good breakout on 20th DEC with good volume. Considering it as a good breakout, entering based on the Fibo level. NOTE: There is a strong Bearish RSI divergence. Assuming that it is because of the profit booking, one might still hold the stock.
#IRFC (1D TF) Swing Trade Analysis given on 26th December, 2023 Pattern: NECKLINE BREAKOUT - Volume Spike at Resistance - Done ✓ - Retracement & Consolidation - Done ✓ #StockMarketindia #StocksInFocus #swingtrade #chartanalysis #irfc
TI India is poised for a promising swing opportunity, supported by a combination of breakthrough dynamics, daily strength, and weekly confirmation. Reasons are stated below : Broke through the crucial 3700 levels after repeated tests. Daily Marubozu candle highlights robust buying momentum. Consistent formation of higher highs signifies an upward trend. A...
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NAUKRI (1D TF) Swing Trade Analysis given on 7th Jan, 2024 Pattern: ASCENDING TRIANGLE - Volume Spike at Resistance - Done ✓ - Breakout - In Progress - Retracement & Consolidation - In Progress
AUBANK - Add to your watchlist and watch out for a weekly breakout from a channel that has been around for the last 3 years.
A channel breakout on a weekly time frame with great price action in APLAPOLLO. There is an immediate upside of 15% (first target)... The company has good fundamentals and the risk-reward in this swing trade is very good!
SYNGENE - Beautiful price action in the weekly timeframe. Nice upside potential of 15% Good opportunity to enter now. Decent fundamentals.
NSE:LICHSGFIN in the past was in a severe downtrend but now it has been able to break a Lower High and make a Higher High on the chart. This is a Signal for a change of Trend. The expectation is price will reach 587 in the near future. This is a Return on Investment of 38.44% approx. This Stock should be Bought at every Dip and Hold for a Target of...
Weekly breakout in AARTIIND after 2+ years. The stock came out of a downtrend and has broken its previous highs. The company has decent fundamentals.
Stock was trading in a sideways range & then broke out. Now some retracement happening, which provides an opportunity to go Long. Planning to time the Trade as per the Daily RBR Demand Zone.