#DISHTV long trade idea setup (10/02/24)Greetings Folks,
today I have prepared a setup of
NSE:DISHTV on NSE
the analysis is as follows-
- the price started a bullish trend after breaking out of equal high's range
- the price was quick to make a deep retracement, i am currently looking at this retracement as bullish confirmation
- the price may not retrace much deeper this time, that's why choosing the buying zone halfway of move
don't play with fire, always use a predefined stoploss
Profitpujari
#SUZLON long trade idea setup (09/02/24)Greetings Folks,
today I have prepared a setup of NSE:SUZLON
on NSE
the analysis is as follows-
- the price is on a minor bearish mode
- we are expecting to take a trade in reversal
- the price has swept the previous low's liquidity
- if the marked resistance breaks and the price retest, we can expect a minor bullish move
- if price fails to do so, leave the setup
don't play with fire, always use a predefined stoploss
#HFCL long trade idea setup (08/02/24)Greetings Folks,
today I have prepared a setup of
NSE:HFCL on NSE
the analysis is as follows-
- the price has made a fresh bullish structure in 15 min time frame
- the last higher high breakout failed, which means price can make a retracement to refuel the momentum
- the buying price is set under the underlying sell side liquidity orders, if they get swept, our trade can play well
don't play with fire, always use a predefined stoploss
#IDFCFIRSTB long trade idea setup (28/01/24)Greetings Folks,
today I have prepared a setup of
NSE:IDFCFIRSTB
on NSE
the analysis is as follows-
- The price is losing the bearish strength after looking at the current market structures
- good buying volumes took place in last trading day
- if the price breaks out the resistance zone marked in the chart, then we may expect bullish rally
don't play with fire, always use a predefined stoploss
#IDEA long trade setup (23/01/24)Greetings Folks,
today I have prepared a setup of NSE:IDEA on NSE
the analysis is as follows-
- the price was on a great bullish run
- right now, the indices as well as the stocks has fallen more than anticipated
- the circle marked has the highest probability of being a support now
- no market falls continuously, if this is a start of bearish run, we may see a little retracement in up side
don't play with fire, always use a predefined stoploss
#GVKPIL long trade setup (27/12/23)Greetings Folks,
today I have prepared a setup of NSE:GVKPIL
on NSE
the analysis is as follows-
- the price was following a resistance trendline and broke down due to drastic fall in index
- the price is now in a minor range and we are expecting a breakout of the range
- don't trade if the price breaks down
don't play with fire, always use a predefined stoploss
#GLS long term breakout trade setup (25/12/23)Greetings Folks,
today I have prepared a setup of NSE:GLS
on NSE
the analysis is as follows-
- the price is consolidating in a 160+ day structure
- the price is very contradictory, it can breakout either side, and it may even go sideways further
- i am bullish overall, but still due to the current fall in the index i am not confident in entering this trade right away
don't play with fire, always use a predefined stoploss
#GVKPIL long trade idea setup (20/12/23)Greetings Folks,
today I have prepared a setup of NSE:GVKPIL
on NSE
the analysis is as follows-
- the price is currently following 2 trendline as support and resistance
- as the price nears the end of trendlines we may look to buy for upside
- do not go for short selling the stock as the indices are very unpredictable at the moment
don't play with fire, always use a predefined stoploss
#BHEL trade idea setup (17/12/23)Greetings Folks,
today I have prepared a setup of NSE:BHEL on NSE
the analysis is as follows-
- the price was on a good trend but is now starting to change the bias
- with the recent failed breakout, its clear that price is not in full bullish mode
- we are waiting for price to decide a bias in coming days
- the price can go move sideways or give a proper light in its direction by breaking out either side
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
#SUZLON long trade idea setup (17/12/23)Greetings Folks,
today I have prepared a setup of NSE:SUZLON
on NSE
the analysis is as follows-
- the price is following a trendline as resistance and is now nearing to breakout from it
- the price is also making gradual higher lows indicating that price does not want to go below past swing that serves as a bullish confirmation for our trade
- wait for either breakout or retest to enter the trade
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
#INFIBEAM intraday long trade setup (16/12/23)Greetings Folks,
today I have prepared a setup of
NSE:INFIBEAM on NSE
the analysis is as follows-
- the price is in a uptrend momentum right now
- following a weak breakout, price is now retracing to fuel back its efficiency and momentum
- as the price has returned more than 50%, its better to let the price take stable support
- there are 2 possibilities, either the price take support at the trendline or the zone mentioned in chart
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
#IDEA long trade idea setup (27/11/23)Greetings Folks,
today I have prepared a setup of NSE:IDEA on NSE
the analysis is as follows-
- the price is in retracing mode
- having retraced more than 50% , price is ready to start moving up again
- i am using the support below for entry not the current range support because the price has some imbalance to be filled and just to be on safer side
don't play with fire, always use a predefined stoploss
#HCC long trade idea setup 22/11/23Greetings Folks,
today I have prepared a setup of HCC on NSE
the analysis is as follows-
- the price is on a good bullish trend with efficient price action
- price is currently forming a triangle pattern
- the trendline has been tested 3 times earlier
- the price also tried to break out the equal high static resistance but failed with a wick only
- now if momentum and volume adds up, the price can break past this resistance
don't play with fire, always use a predefined stoploss
#DISHTV short trade idea setup 21/11/23Greetings Folks,
today I have prepared a setup of DISHTV on NSE
the analysis is as follows-
- the price recently broke out of a descending trendline
- it created a lot of imbalance in the process
- the imbalance is essential to get filled
- the price is also making a bearish pattern i.e head & shoulder
- trade when price break the neck of the pattern
don't play with fire, always use a predefined stoploss
#MORARJEE textiles weekly analysis long termGreetings Folks,
today I have prepared a setup of MORARJEE on NSE
the analysis is as follows-
- the price has been trading in a descending triangle pattern
- the price has been struggling to breakout but it has turned sideways near the trendline
- now there is a minor static resistance just above the wicks, either enter when this static resistance breaks or if you are a traditional investor who does not times the market, then you may buy now or some retracement later
don't play with fire, always use a predefined stoploss
#HDFC monthly chart deep analysis and assumptions(for reference)Greetings Folks,
today I have prepared a setup of HDFC on NSE
the analysis is as follows-
- this is a monthly timeframe chart so do not use this to trade, use for confirmation bias
- the price failed to break out of a series of monthly equal highs
- the breakout didn't lasted and then the stock began its down trend
- the down trend went on for 4 months , and now the price seems to have found a stable support i.e the 50% of fib retracement
- the price is likely to consolidate a bit to add liquidity and momentum
- i will say it again, do not use this chart to set your entry and exit points
don't play with fire, always use a predefined stoploss
#IDFC long trade idea setup (counter trend) 18/11/23Greetings Folks,
today I have prepared a setup of IDFC on NSE
the analysis is as follows-
- the price faced a sudden downfall due to the RBI negative news
- price broke down the trendline support and has swept all the liquidity from the trendline
swept the liquidity in easy language means sucking the power of trendline and now its baseless
- price has made a huge imbalance which needs to be covered quickly for efficient price action
- take profit is mentioned, don't be greedy as we are counter trend trading
don't play with fire, always use a predefined stoploss
#NYKAA Weekly level Huge breakoutGreetings Folks,
today I have prepared a setup of NYKAA on NSE
the analysis is as follows-
- the price was in a constant downtrend from the start
- it formed consecutive 4 equal highs in span of 260 days
- price today broke out of this static resistance, can hope for a reversal
- price was making minor higher lows
- the elliot correction wave ABC also adds to our confirmation in bias
don't play with fire, always use a predefined stoploss
#JPPOWER long trade idea setup 17/11/23Greetings Folks,
today I have prepared a setup of JPPOWER on NSE
the analysis is as follows-
-The price is speculating near the all time high
- price broke a previous minor high with good volume , now retraced successfully
- price already has tapped in my support zone now ready to break past the BSL
- trendline support is also in our confirmation bias
don't play with fire, always use a predefined stoploss
#YESBANK long trade idea setup 17/11/23Greetings Folks,
today I have prepared a setup of YESBANK on NSE
the analysis is as follows-
-the price recently broke out of a series of equal highs
- we are now waiting for a suitable retracement for the trade
- 2 possible support zones, first one is weak and unreliable but it can work out because the stock is accompanied with good volume
- the latter support zone is safer and new traders should use this zone
don't play with fire, always use a predefined stoploss
#USOIL intraday long trade setup Greetings Folks,
today I have prepared a setup of USOIL on TVC
the analysis is as follows-
-the price currently broke out of a range of equal highs, this is a good sign of bullish momentum
- the price is retracing right now, either it can take support from the 50% of retracement or respect the support zone i mentioned in chart
- the safer trade would be the latter one, i have marked the take profits also or you can also use pivot point indicator for exit
don't play with fire, always use a predefined stoploss
#YESBANK LONG TRADE IDEA SETUPGreetings Folks,
today I have prepared a setup of YESBANK on NSE
the analysis is as follows-
- the price is on a roll right now, making good structure along with new higher highs
- the market was slow today, hoping for a retracement for the price to gear up for the next bullish leg
- it CAN retrace deeper than the zone depicted in the chart if index opens negative tomorrow
don't play with fire, always use a predefined stoploss
#SUZLON LONG TRADE IDEA SETUPGreetings Folks,
today I have prepared a setup of SUZLON on NSE
the analysis is as follows-
-the price recently broke out of a bullish pattern
- its currently respecting a static resistance, which will get break in next trading day
- The price respected the previous high as a resistance, price is building up momentum to break past it
- either trade the breakout of high or when price submits to a support zone of BSL as mentioned or the trendline support
don't play with fire, always use a predefined stoploss