GALAXYSURF Swing Trade IdeaHi All - Swing trade idea to go long for GALAXYSURF.
Key Highlights:
1. Accumulating and consolidating in tight range
2. Good relative strength
3. Bouncing off support line
Rectangle
MFSL Simple Price Action Analysis NSE:MFSL
Company Overview
Max Financial Services Ltd. operates as a holding company. The firm engages in the provision of advisory services. It operates through the following segments: Business Investments and Life Insurance. The Business Investments segment deals with treasury investments. The Life Insurance segment offers private life insurance products and services. The company was founded by Analjit Singh on February 24, 1988, and is headquartered in Noida, India.
Technical analysis
1. Flag Breakout + Horizontal Resistance Breakout
2. Forming 2nd Swing High Which Has a Higher Probability Of Trend continuation.
3. Price is trading above 200 Ema
4. Entry Logic
5. Target forecasting.
hope you found this helpful.
Please comment your views.
Keep Learning,
Happy Trading!
VIP INDS CMP 663 Reversed from supportVIP INDS CMP 663 dated 27-9-2023
1. Rectangle Consolidation
2. RSI reversal
3. Reversed from support
Buy above 668 target 685-705-725-740-760-775-810
SL 635
It is just a view, please trade at your own risk.
ACE Cmp 695 Rectangle & Price actionACE Cmp 695 dated 4-10-2023
1. Rectangle Consolidation.
2. RSi Divergence
Buy above 700 target 710-730-740-750-765-780-800 SL 660
It is just a view, please trade at your own risk.
HUL FORMING RECTANGLE AND IS NEAR SUPPORT ZONEThe stock has formed a rectangle and it has tested the support many times which i think will touch again in few takes and will rebound strong
Bandhan Bank: A Promising Future of PotentialHello fellow traders, I hope you're all doing well. As you may have noticed, the market has recently become more volatile and uncertain. In light of this, I'd like to share an analysis of a potential future growth stock with you.
>>Bandhan Bank has been experiencing a correction in its stock price since it first got listed in the market. Now, if we take a look at its performance on a weekly chart, we can see that it has been trading within a descending rectangle pattern for the past three years. During this time, it has been closely following its support and resistance levels.
>>Currently, it has once again tested its resistance level. If it successfully breaks through this level with strong momentum, it could be an excellent opportunity to start a position for potential significant growth in the future.
>>The bank has been expanding aggressively, opening branches in various cities. Moreover, it's offering attractive financial solutions compared to its competitors. Notably, the promoter's holding in the bank is stable, and interestingly, Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) are actively increasing their holdings, which is a positive sign.
Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section.
Note: This is for informational purposes only. Do your own research before investing.
SRF Ltd : Support from Weekly TF Zone and consolidation BreakoutSRF Ltd. has shown a clear Support by reversing from Weekly TF zone.
After this breakout it has consolidated for 3 weeks and gave a clear breakout backed by volume.
It may move upto now from current levels to TL rejection level or may move to ATH.
SL can be placed below consolidation zone on closing basis.
DISC: Please consult your financial advisor before taking any trade. I am not a SEBI registered analyst.
HDFC AMC Cmp 2579 Bearish Candle Break downHDFC AMC Cmp 2579 dated 28-9-2023
1. Bearish Candle @ support
2. RSI bearish divergence
Sell below 2560 target 2530-2510-2490-2470-2440
SL 2650
It is just a view, pls trade at your own risk.
BHARTIARTL at resistance levelBHARTIARTL has been trying to break the level of 920.65 multiple times since last few sessions but unable to break the level
Go long if 922.50 level breaks .
First Target - 935.00
Second Target - 948.00
SL would be around 915.00 level
Happy Trading. Cheers :)
@equity #bhartiartl
ITC Ltd. May bounce back to ATH 490ITC Ltd. have been holding support zone of 440 since last 1.5 month and today gave solid green candle of 1.5%.
It may break resistance of 455 and move towards 490 shortly.
Swing trade opportunity: Eicher MotorsEicher motor may break channel and touch 3660. Keep watch for swing trade.
MCX Reaching for the StarsOn the Monthly chart, it's walking the upper BB line.
PR has become PS, as indicated by the yellow line.
Great chances of crossing the ATH levels(Rs.2135).
Disclaimer: This analysis is strictly for educational purposes. Please take your own informed decisions before investing your hard earned money.
Stock for Intraday : PVRINOX 15min TimeframePVRINOX Stuck in rentangle range bound, either side breakout can be good move possible
Long above 1727 levels
Short below 1701 levels
LTTS in parallel pattern in 15min timeframe, good for intradayLTTS is stuck in range bound pattern, making higher high and higher lows, Based on the levels, it can be good for intraday.
PIDILITIND Swing TradeHi all - swing trade opportunity to go long for PIDILITIND.
Key Highlights:
1. Consolidating in range, enter long on breakout
2. Good risk and reward opportunity
Axis Bank: Pole and Flag formation Near ATHStock is forming pole and flag price action pattern near ATH or you can also see it as consolidation before making a big move crossing all previous resistances.
Stock can move upto 1045 as per Pole and Flag targets.
Other targets can also be derived from Extension based FIBO.
DISC: For educational purposes only. Please consult your financial advisor before making any investment.
HINDUNILVR HULThis FMCG giant is consolidating in the range of 2428-2723 from a long time. It is near the support levels. If there is a close below 2428, there can be a new downside in this counter. But if it sustains 2428 on closing basis then we may see 2723 again
HINDZINC Short Term Long IdeaHi All - Swing opportunity to go long in Hindustan Zinc.
Key Highlights:
1. Consolidating in a range at demand zone and breakout will give good run
2. Good relative strength
3. Good risk and reward
CNXIT: NIFTY IT 1.5 Yr Channel BreakoutCNXIT: NIFTY IT has broken the channel on the upside in which it was stuck for last 1.5 years. High RSI. Time to invest in IT now.
BHARTIAIRTEL RECTANGLE BREAKOUTBharti Airtel breaking a rectangle box
trading at all time high
trading above all key ema
good volume
educational idea only
TATA CONSUMER RECTANGULAR BREAKOUTTata consumer breaking a rectangular box
trading above all key ema
huge volume
trading at all time high
educational idea only
KotakBank consolidating from one year will it give Breakout ? KotakBank consolidating from Dec 2021 to Nov 2022
The range of consolidation is 1625 to 1975, Bank Nifty moved in range of 10000 to 12000 point in last one year.
Bank Nifty moved 10000 point since Jun 2022. The move lead by ICICI Bank, Axis Bank, SBI , HDFC Bank and Along with PSU BANK
Kotak Bank and Indusind Bank has not moved in rally, So when Index start correcting I expect Kotak Bank and Indusind Bank will help fall of bank nifty.
Buy Kotak Bank Above 1980
Target1 2040
Target2 2100
Target3 2200
SL 1880
Consolidating in zone
Tested zone of 1950-2000 more than 8 times so if gives breakout that will healthy breakout.
Global cue should support market direction
Double bottom and clean breakout.Daily Timeframe: State Bank of India
SBIN is going to 620 after clean breakout of double bottom formed at support level
