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GEOJITFSL - EXCELLENT SETUP FOR LONG TERM INVESTORSThe pattern is based om Monthly TimeFrame so it is meant only for long term Investors Made a high on Jan 08 of 131 and then went under a major contraction of 10 Years when it again made a high of 147 in Oct 17. That was the formation of first contraction. Similarly it went for another contraction of 4 yrs & then eventually of 3 years. It can give a big upside if it is able to break 147 and pass 150 levels Another possibility is it can go for another contraction but what makes the present contraction more promising is the spurt in Volume which might take the price action cross the major barrier So its a case of Wait and Watch
NSE:GEOJITFSL
by Stock-n-Shine
AngelOne Trend support and RetracementAngel one is showing support on its Major trend line. Chart shown short term retracement at 0.5 level thrice, its not a good sign to check support for third time with lower lows. But It gets major support at its trend line. There might be an Entry option if chart break the chart resistance with decent volume. Disclaimer: The information provided here is for educational purposes only and does not constitute financial advice. Trading stocks, real estate, or other investments involves risk and may not be suitable for all investors. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
NSE:ANGELONELong
by karankumar1609
1
INDIAN HOTELS - Swing Trade Analysis - 8th June #stocksINDIAN HOTELS (1D TF) - Swing Trade Analysis given on 8th June, 2024 Pattern: FALLING WEDGE BREAKOUT - Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress Please Note: - Because of Fridays crazy move in the Nifty, there might be a pull back till the Trendline so ensure correct position sizing - If not, then it automatically gives us a small SL and you can pyramid into as it rises * Disclaimer
NSE:INDHOTELLong
by TradeRyteStockz
HDFC BANK - Consolidation phase, is it calm before the storm?Overview & Observation: 1. Solid consolidation happening since 2020. 2. Better to just watch it for now 3. Prices have started moving slowly from the demand zone. 4. PA structure is currently bullish forming HH-HL. 5. Overall strength and momentum are lacking. D TF: - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:HDFCBANK
by SuperNova396
KNR CONSTRUCTIONS - MID TERM Analysis - 2nd June #stocksKNR CONSTRUCTIONS (1M TF) - MID TERM Trade Analysis given on 2nd June, 2024 Pattern: SYMMETRICAL TRIANGLE BREAKOUT - Monthly Resistance Breakout - Done ✓ - Monthly Volume Buildup - Done ✓ - Demand Zone Retest & Consolidation - In Progress Please Note: - Entry has to be at the Demand Zone at around 300 (which is also our previous target level which we achieved) - Next support is at 285 - Ensure to position size correctly * Disclaimer
NSE:KNRCONLong
by TradeRyteStockz
GUJARAT GAS - Strong bullish BO: Expecting 30% ROI!Overview & Observations : 1. Moving up from the 50% Fibonacci support level. 2. Volume Confirmation: Good volume on the breakout candle. 3. Price structure indicating upward momentum. Forminh HL-HH 4. Good rejection candle in W tf means, buyers are strong and dominant. 5. The RRR (Risk:Reward Ratio) is favourable. 6. Steady earnings growth, with good quarterly results potentially triggering a strong move. Trade Plan: - Entry: At CMP around 600 - Stop Loss: 10-15% below the entry on closing basis. - Target: Aiming for a 50% upside potential and TP - Stay updated for further insights and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:GUJGASLTDLong
by SuperNova396
LONG SETUP IN MAZGAON DOCKA Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of NSE:MAZDOCK 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 weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish Flag and Pole Technical Indicator :- Positive MACD Crossover
NSE:MAZDOCKLong
by raigvivek
ADANIENT - A Risky bet worth considering!Adani Enterprises Price Observations : 1. Following a bullish channel. 2. Bounce from an important zone. 3. Volume is lacking! - Stay updated for further insights and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:ADANIENTLong
by SuperNova396
THE NEW INDIA ASSURANCEThe setup is low risk high reward. A nice base formation refusing to fall 5 times. Stage 2 Stock New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake Presently, the company operates through a network of 2,200+ offices across 29 states and 7 UTs in India Presently, the company is a market leader in health, motor, liability, fire and marine line of insurance business. It has ~14% market share in general insurance industry in India. The company has operations in 28 countries. It has branches and agency offices in Abu Dhabi, Australia, Bahrain, Dubai, Fiji, Hong Kong, New Zealand, Mauritius, Japan, UK, Thailand, and others. The company is strategically important to Govt. of India because of its dominant market position and because it is the flagship Indian general insurer in the international markets, with a desk at the prestigious Lloyd's syndicate in London. It can help the govt. to materially enhance insurance penetration in the country over the long term.
NSE:NIACLLong
by CannySunny