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PIRAMAL ENTERPRISE - Reversal Structure | Must on RadarPrice Analysis & Overview: 1. Trying to do price structure shift. 2. Reversal possibility. 3. A Strong Trendline break is expected. 4. EMA is still not bullish. 5. Good volumes coming in 6. Earnings are unstable. Trade Plan: i) If strong breakout happens, post-confirmations entry will be planned above 964. ii) RRR is looking favourable for now. - Stay tuned for further insights, updates and trade safely! - These are my personal views. - 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:PEL
by SuperNova396
EURCAD(h4): HOLD SELLHello Traders, 📈 EUR/CAD chart review : - H4 chart is still strong down - H1 is a down trend, price has got a rejection at 1.4998 🎯In my trading opinion: - A day ago, I recomend sell on channel, and next week, i still recommend holding this trade, or if you did not entry before, you can entry on monday at 1.4998 📚 Remember that: Always follow your trading plan regarding entry, risk management, and trade management. Follow me to update lastest plan for any trades ! Thank you and Good luck!
Short
by PhuThongTrader
paras defense updateparas defense is continuously declining, as you can see in the chart. it has broken box zone. and now taking support at 50% fib level which is considered as strong demand zone. how to read the current price action? gap fill: if you can notice there is a gap which price is filling now. It was expected that if the 1258 is broken on dcb, market will fill the gap. Fib Level: price is trading near 50% fib level which is considered as very strong support zone. price can start bouncing back from the black line if market condition is strengthened during next week. My best bet: I am still bullish in this stock and accumulating it whenever it goes 5% down. i will hold till black line. if price closes below black line on weekly basis. I'll book my loss and will wait for fresh HH & HL o be formed. Light hearted people or newbees please analysis your risk appetite before investing or ask your financial advisor before investing. What can be expected: Price may reach upto initial breakout point if it breaks the black line. wait for HH HL on 75 min timeframe to make fresh position. When the strength will be back in paras defense? ADX will be upward on daily time frame (preferred above 25) DMI+ will be above 25 and above dmi- My View is still very bullish. Just waiting for trend change or price reaction near black line
NSE:PARASLong
by atuldev-investing
DABUR BUY or SELLThe idea here is to check long term resistance. As stock already pulled back from its resistance level, and still trying to break it with some volume but couldn't. In long term scenario, its the sign of a possible breakout in near future. It could be in coming weeks. There is a short term trend which also provide support to price but if it breaks, then there could be a slight down trend. And it might stay for short period of time. In that case its the best strategy to BUY at every dip. Chart is 1D bar chart, so if breakout happen then it might give atleast 25-30 percent return in coming months. NOTE: This is just for educational purpose only. Please consult your financial advisor before placing trades.
NSE:DABURLong
by karankumar1609
ATUL - Beautiful Setup! Expecting 40% upside minimumPrice analysis & overview: 1. Good volumes 2. Breaking out of the channel. 3. Great reversal price structure formation. 4. RRR is favourable. Trade Plan: - Entry: Best aggressive entry would have been near 6600 but new entry can be planned near 7000. - Sl = 10% - TP = 1:2, 1:3, 1:4 - 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:ATULLong
by SuperNova396
RUSHIL DECOR - Swing Trade Analysis - 3rd August #stocksRUSHIL DECOR (1W TF) - Swing Trade Analysis given on 3rd August, 2024 Pattern: SYMMETRICAL TRIANGLE BREAKOUT - Weekly Resistance Trendline Breakout & Retest - Done ✓ - Strong Pullback candle after retest - Done ✓ - Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress Please Note: - There is a stock split expected on the 9th of August - Only working on the momentum for this trade * Disclaimer
NSE:RUSHILLong
by TradeRyteStockz
GOLD - Looking Bullish! - Here's WhyMONTHLY TF: WEEKLY TF: DAILY TF: Overview & Observation: 1. Higher time frame gold is in a bullish trend. 2. Prices failed to form lower low showing strength in buying, confirmation still pending. 3. Channel breakout will be expected to get the confirmation on the long side. 4. Currently trading in a demand zone. Untill that is broken bullish view will be intact. Trade Plan: 1. Long position can be made only after confirmation that is still pending. 2. Above 2348 levels price should sustain for longs. - 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
TVC:GOLDLong
by SuperNova396
AFFLE INDIA LTD - Swing Trade Analysis - 29th June #stocksAFFLE INDIA LTD. (1W TF) - Swing Trade Analysis given on 29th June, 2024 Pattern: CUP & HANDLE BREAKOUT - Resistance Trendline Breakout with Retest & Pullback - Done ✓ (Pattern within a pattern) - Strong Volumes Buildup at Weekly Resistance Zone - Done ✓ - Multiple attempts to break the Weekly Resistance since 2022 - Done ✓ - Retest at Demand Zone marked for a small SL and a better RR - In Progress * Disclaimer
NSE:AFFLELong
by TradeRyteStockz
MOL - TURNAROUND POTENTIAL WITH A FALLING WEDGE BREAKOUTHi All, The idea is about Meghmani Organics ABOUT THE COMPANY Founded in 1986 as M/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10 producers of pesticides in India. Meghmani Organics Ltd (MOL) manufactures green and blue pigment products, which are used to manufacture printing ink, plastic, paints, textiles, leather, and rubber. TECHNICALS The stock has been in a falling wedge pattern & has given a breakout. The breakout was sustained & has been testing first level of resistance at 88.65 multiple times. Once it breaks it can move to 93 where next resistance lies Fundamentals Not a good last year but sales/profit showing symptoms of turnaround which is evident in price action Thanks, Stock-n-Shine
NSE:MOLLong
by Stock-n-Shine