Short term trading opportunity in Edelweiss fin for > 30% upsideHi,
NSE:EDELWEISS has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
Psustocks
PNB, Intraday View for 5-JulyContinuously the price is facing resistance from the level of 122 and the price has failed to close above the level of 122. But today we have a very weak negative candle. So, the trend is negative with weak strength.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 25-JuneToday we got the same move as we discussed on yesterday. Now the price has broken the support of 126 but we have a hammer candle. For tomorrow the volatility could be high.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 19-JuneThere is no change in the structure and the price has failed to close above 130.
But the price is still in the positive zone.
For tomorrow the intraday range is 130 to 136 and 126 to 122.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
GIPCL-A powerful breakout in this power sector stock!An eventful day after market reacted very positively to exit polls.
Today, all PSU stocks and Energy sector stocks were extremely bullish.
One such stock which has given volume breakout is GIPCL.
All momentum swing traders can take a position for quick returns in this stock.
However, risk associated is more as we can see a profit booking in market post results.
A good long term stock as well since it has the name Gujarat in it which makes the adjective "Powerful" for it ;)
PNB, Intraday View for 6-JuneThere are two main levels to watch one is S1-120.75 and the other is R1-131.55
And today the price has managed to close above the S1.
Also keep in mind above 131.55 we will be in a positive trend and below this level we are in a negative zone.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 5-JuneToday's huge red candle has changed the structure dynamically.
The next important level to watch is the demand zone of 95 to 100.
But for sure we could see high volatility until the price has not settled down.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
BHEL was in sideways trend last week Stocks to Keep in Radar for Next Week
⏩ SBIN
⏩ NMDC
⏩ BHEL
⏩ DLF
BHEL is in corrective moce after making recenrt highs
If sustains above 300 level, it may try to test recent highs
However in case of Bearish pattern at higher level, it may come back to prev week's range
Important downside support is around 280 & then 270 level
whereas upside hurdle is aroud 320 level
*Election Results can create Volatility in the Maket
Keep Tracking Charts
*For Educational Purpose
Learn & Practice Price Action setups
LONG setup in REC Ltd PSUAn On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:RECLTD
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 :- On-Neck Chart Pattern
Technical Indicator :- Positive MACD Crossover
Short Term Trading Opportunity in Engineers India 20% UpsideHi,
An bullish on-neck Breakout pattern emerged on the Daily chart of NSE:ENGINERSIN
MACD on daily, weekly and monthly time frame is on the bullish side and also expecting the bullish setup to continue.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Daily flag breakout in Powerful PSU stockA Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of NSE:POWERGRID
MACD already gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
Flag Breakout in PSU Metal Stock with 20% upsideHi,
NSE:SAIL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and monthly time frames.
RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario I am expecting that the bullish momentum will continue.
Complete price projection like entry, stoploss and targets mentioned on the charts for educational purpose.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
INVERSE HEAD N SHOULDER IN NHPCNHPC Limited (National Hydroelectric Power Corporation) is an Indian public sector hydropower company that was incorporated in 1975 to plan, promote and organise an integrated and efficient development of hydroelectric power. Recently it has expanded to include other sources of energy like solar, geothermal, tidal, and wind.
In Past few weeks we see a good consolidation in stock and now NHPC is ready for breakouts.
CMP : 97.80
STOP LOSS : 95
1st Target : 105
2nd Target : 110
3rd Taget 120
Disclaimer : its not buy or sell recommendation
PNB, Intraday View for 22-MayAfter a strong break of structure, the price has been trapped in the compression zone. Also today the price is rejected by the resistance level of 128. The probability of a negative candle is more than 65%. For Intraday the level of 128 and 124 is important for trade decisions.
Intraday 5m | Trend Negative
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
DO NOT MISS THIS PRE BREAKOUT TRADE!We have seen in past how consolidation breakouts always give rocket moves.
One such pre breakout consolidation trade is NALCO
If this stock manages to sustain above 140, we will enter mad bull run in this stock.
It is always safe to enter before breakout since we get an option to partially book and trail SL post breakout.
Levels mentioned on chart. I hope you all can get to ride this share with me if this breaks out.
Short Term Trading Opportunity in LIC Housing for 10 % UpsideHi,
NSE:LICHSGFIN has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss on Daily Closing basis and targets mentioned on the charts for educational purpose.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Investment pick:-SAILSAIL is on the verge of giving big monthly breakout from trendline.
It is one of the few PSU stocks which have not shown rally in past couple of years.
We can expect huge upside in this stock given the improved profitability and efficiency of the company.
Definitely a must have stock in portfolio if interested to invest in metal sector.
However, metal sector is highly cyclic and have higher risk associated.
NBCC (INDIA) LTDHello & welcome to this analysis
The stock after seeing a 90% retracement from 2017 to 2020 and see a strong rally, recently going past its previous ATH made in 2017.
It has resistance around 145 with possibility of strong upside above it and support at 100 and below that near 75.
Happy investing
GICRE-An insurance stock for long term!GICRE has given a breakout from downtrend has retested the 200 levels yesterday.
This stock is looking good as an positional bet. SL can be below 175 weekly closing basis.
Targets can be minimum 300 and then above it hold for long term as an investment pick as per your risk appetite.
Stock has good fundamentals available at cheap P/E ratio of 5.2 at CMP.
Stock also offers dividend yield of above 3% and is in business of reinsurance.
Idea shared for educational purpose only.
PSUBNKBEES | Investment OpportunityDisclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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