PILANIINVSPILANIINVS:- The stock was in consolidation for a long time, it has given a breakout after 6 years, the volume is also good.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Priceactionanalysis
CAMSCAMS:- Breakout after 2 years
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
DCALDCAL : - The stock has given a breakout after 5 years. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
DCMNVLDCMNVL : The stock has given a breakout by forming a head and shoulders pattern.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
FASP levels for Nifty 01/03/2024The FASP for Nifty is listed for 01-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
FASP levels for Bank Nifty 01/03/2024The FASP for BankNifty is listed for 01-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
RBL Bank a Simple Price Action Analysis BullishNSE:RBLBANK after a downtrend was able to break an LH which is a Bullish Signal and standing on a Trap Zone. Hence the expectation is it will move up for the Long Term.
Entry: CMP: 266.55 | SL: 197.70 | 1st Target: 438.65 | 2nd Target: 716.40
Though Buy on Dips would be a better strategy.
Disclaimer: Stock trading is inherently risky and you agree to assume full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. None of the stock trading calls made by Prosenjit should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made by Prosenjit are for information purposes only and under no circumstances should be used for actual trading.
Tourism Finance Corporation Simple Price Action Bullish3 Reasons Why NSE:TFCILTD can be a Swing Long trade.
1. Price is in Uptrend and creating continuous HHs and HLs on the chart.
2. Price has revisited the uptrend line and this can send the price up.
3. Last but not least, the Price is standing at a Bullish Trap Zone which should send the price up. Moreover, it will allow us to Plot Specific Entry, Stop-loss, and Target.
So, Entry at 202.95/- or CMP inside the level. Stop-loss at 175.75/- and Target at 260/-. This will make it a 2:1 RR trade and a 27.77% Return on Investment.
Disclaimer: Stock trading is inherently risky and you agree to assume full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. None of the stock trading calls made by Prosenjit should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made by Prosenjit are for information purposes only and under no circumstances should be used for actual trading.
AVT - A Natural Product to invest inAVT Natural Products Limited is engaged in the business of manufacturing plant-based extracts and natural ingredients solutions for the food, beverage, animal nutrition and nutraceutical industries of the world.
The main products of the Co. are - Marigold Extracts for Eye Care, Food Coloring & Poultry Pigmentation; Spice oleoresin and Oils for Food Coloring and Flavoring; Value added Teas - Decaffeinated Teas and Instant Teas; Animal Nutrition Products; and Rosemary extract.
The Co. continues to invest in developing new products to add to the ingredients portfolio. Its efforts have resulted in new soluble tea offerings for Instant Tea customers, new complimentary product lines with nutritional applications, new spice extract offerings, and new functional ingredients with various cross division applications.
Value Added Tea Segment
The value-added tea segment continues to be a major growth area for the company. It continues to work closely with large key accounts and expand into new regions. It will invest in new capacity, to service its growing list of customers. Its growth will consolidate its position as a key player in the value-added tea market.
Foray into Global Animal Nutrition Market
The Co.’s foray into the Global animal nutrition market is starting to bear fruit. It is also entering into strategic relationships with global feed additive companies to expand its footprint. These strategic partnerships will ensure a long term and innovative future for the animal nutrition division, making it a key segment in the years to come.
New Business Verticals
The Co. has started two new business verticals to service the natural cosmetic and Nutraceutical markets. These new divisions will continue to add value by leveraging its in-house capabilities and technologies.
The global demand for clean and natural antioxidants remains strong and the company will continue to invest in both capacity and process innovations, ensuring a more sustainable supply.
Bolo Apollo Micro ki Jai ! Apollo Micro Systems, a 40-year-old Hyderabad-based company led by B. Karunakar Reddy, has grown into a major player in India's defence and space sector. This publicly traded firm, with 350 employees including 150 engineers, prioritizes R&D and homegrown technologies, serving Defence and Space departments. To capitalize on the rising demand for indigenous defence solutions, they focus on air, land, and sea defence electronics, with a focus on surveillance tech. Their commitment is further emphasized by a 5-acre expansion in Telangana, featuring a 3,50,000 sq. ft. facility for missile and subsystem manufacturing, weapon maintenance, and UAS/UGS production.
This Rs 210 Crore investment, adhering to international standards, is expected to generate 400 jobs. The recent inauguration by Telangana's Minister highlights their contribution and reinforces the state's position as an aerospace and defence hub. With continued government support, Apollo Micro Systems is poised for a bright future in driving defence innovation in India.
According to Quarterly Results, the net sales increased by 10.9 per cent to Rs 91.34 crore, profit before tax (PBT) increased by 57.3 per cent to Rs 14.37 crore and profit after tax (PAT) increased by 50.9 per cent to Rs 9.96 crore in Q3FY24 compared to Q3FY23 while in its nine-month results, the net sales increased by 23.87 per cent to Rs 235.20 crore, profit before tax (PBT) increased by 47.1 per cent to Rs 25.93 crore and profit after tax (PAT) increased by 57.7 per cent to Rs 18.18 crore in 9MFY24 compared to 9MFY23.
Simple Price Action Analysis - LongSince August 2021 the price of NSE:VISAKAIND has only come down and created a reverse "N" like shape on the chart. This is a Bullish Pattern and should take the price up and make a Higher High.
As it is a dividend-paying stock hence an investment can be made from cmp, with the first target of Rs 132.80/-, a second Target of 174.65/-, and a final target of 299.45/-.
For any drawdown, the "Buy on Dips" strategy can be used and the stock should be held for long-term investment.
Disclaimer: Stock trading is inherently risky and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. None of the stock trading calls made by Prosenjit should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made by Prosenjit are for information purposes only and under no circumstances should be used for actual trading.
HDFC Life Insurance simple price action analysisAs per Price Action theory, we have 3 reasons to buy NSE:HDFCLIFE for Long Term.
1. In HTF price is Creating HHs and HLs, that is a confirmation of an uptrend.
2. Channel Formation.
3. LTF trend change signal formed due to the break of an LH and an HH formation.
The expectation is price will at least go up to 1136/-, which is approx. 91.99% Return on Investment from CMP.
Disclaimer: Stock trading is inherently risky and you agree to assume full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. None of the stock trading calls made by Prosenjit should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made by Prosenjit are for information purposes only and under no circumstances should be used for actual trading.
LICI - SWING TRADE - 28th November #stocksLICI (1W TF)
Swing Trade Analysis given on 28th November, 2023 (Tuesday)
Pattern: SYMMETRICAL BREAKOUT
- Upper Trendline Breakout - Done ✓
- Volume Buildup & Spike - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #LIC
ABCAPITAL ABCAPITAL
# AB capital reported strong quarterly Report on Jan 5,2024.
# Banks net Income increased 12% year-over-year.
#Company Announced a New Partnership with Leading Fintech company to enhance its digital Banking services.
#Company Announced the Acquisition of a Small region Bank in South East Asia, which is Boost International Operations.
# Technically the stock breaks the previous Trendline level of 180 range with huge volume . If it sustains above 193 level then we can see the sharp rise on price momentum upto 217,260,321 +++ on very short term.
keep watchlist 👍👍
Short-term trend for Bajaj Finance Ltd 29.01.2024 - Feb 2024The 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 the ₹7035 support level, suggesting further downside potential.
Therefore:
Short-term traders could potentially look for shorting opportunities near resistance levels like ₹7150 or ₹7200, with stop-losses placed above the recent swing high around ₹7230.
A bounce at the ₹7035 support level could offer entry points for long positions if confirmed by bullish signals like higher volume or reversal candlestick patterns.
Target levels would be 6890 and 6600 if 7035 breakdown happens
Remember: This is just a short-term analysis based on the current chart. Always conduct your own research and consider various factors before making trading decisions.
SWING IDEA - SPARCThere is a swing opportunity in SUN PHARMA ADVANCED RESEARCH COMPANY .
Reasons are listed below :
Flag and Pole pattern.
0.382 Fibonacci support.
higher highs are being made.
Strong consolidation phase of 5years.
Increased volumes.
Target - 423 // 463 // 530
StopLoss - Daily close below 357
JIO FINANCIAL SHORT TERM AND LONG TERM VIEWJIO FINANCIAL SERVICES (DAILY TIMEFRAME)
IPO base formation is taking place in this stock. Key levels to watch - Around 260 zone.
Retracement taken on 0.5 fibo zone.
The stock has been forming higher lows which shows bullish signs.
If it closes and sustains above 260 level then expected move upto 280 , 308 on short term.
for long Term Holding our Expected Level 380, 470+++
NHPC - SWING TRADE - 3rd December #stocksNHPC (1D TF)
Swing Trade Analysis given on 3rd December, 2023 (Sunday)
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike Near Resistance - Done ✓
- Trendline Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #nhpc
TATA STEEL SHORT TERM VIEWTATA STEEL
KEY RESISTANCE LEVELS (136/138).
The stock has been facing resistance at 136/138 levels multiple times. We saw a breakout candle on 2nd Feb.
Follow-up buying will lead the stock further higher.
Stock price if sustains above these levels Expected move upto 160 , 180 .