BLISSGVS Long Idea...BLISSGVS is consolidating in monthly chart. Taking trade after monthly confirmation (close above resistance) is good for safe trader
Personally I'm following it in daily charts to get a good early entry with some risk.
Lets see how it turns.
NOTE: NO idea of comapny Fundamentals. Just a technical take. Should plan trade with proper risk management.
Resistancelevel
TATATECH: Potential Bullish Breakout + Inverse Head & ShoulderBullish Analysis of TATA TECHNOLOGIES LTD
Key Observations:
1. Pattern Identified: Inverse Head & Shoulders
- The inverse head and shoulders pattern suggests a bullish reversal.
2. Resistance Zone:
- The stock is approaching a key resistance zone.
- A breakout above this zone could signal a strong upward movement.
3. Target Projections:
- If the breakout happens, the first target is set at ₹1,263, followed by ₹1,333.
4. Volume:
- Recent volume spikes indicate strong buying interest, supporting the potential breakout.
5. RSI:
- Currently at 60.91, it indicates strength, but still below the overbought zone, allowing room for upward movement.
Conclusion:
- Entry Point: A breakout above ₹1,093 can be a bullish signal.
- Targets: ₹1,263, ₹1,333.
- Risk: Watch for failure to break the resistance zone, which may signal a short-term pullback.
Follow us for STOP-LOSS updates.
Note: Always consider risk management and market conditions before making investment decisions.
CIEIndia-A flag breakout you shouldn't miss!CIEIndia has formed a beautiful flag & pole pattern whose breakout is expected soon.
If stock gives weekly closing above 500, we can see quick big bullish move in this stock.
Keep in your watchlist.
Stock has very good fundamentals and is in auto ancillary sector.
For long term investors, SL should be below 400 MCB and targets should be 1000++
Indus Towers Analysis(Double Bottom)!!INDUS TOWERS WEEKLY ANALYSIS
Indus Towers has made double bottom at Support Level on Weekly Timeframe
Indus Towers is trading near it's 82 Week resistance trendline
Keep an eye on Indus Towers
Indus towers is trading at it's crucial levels. We can see the price is taking resistance at 82 Weeks resistance Trendline. Now Indus Towers made has Double Bottom Patter at it's support level. If Indus Towers succeeds to break 82 Week trendline then we can see the further bull move towards our projected Target. I did all my analysis on the chart. Please do study it thoroughly, do your all the analysis, explore all the trading platforms, Compare the analysis because no one is 100% accurate but we will have a broader view of trend if we do study all the analysis and explore all the available platforms.
Trading Psychology and Setup=
Entry = Aggressive Entry after Resistance Trendline Breakout, Conservative entry after candle closes above 174.65 after retest
Target = Projected Target will be 234.35
Stop Loss = Below 165.15
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
NIFTY50 Analysis! NSE:NIFTY Weekly Analysis!
NIFTY50 Long term Analysis!
Nifty is currently trading at its resistance levels. I have marked all the essential levels on the chart, please go through it.
Resistance Level = 18876.90
Support 1 = 18609
Support 2 = 18370.85
Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
BPCL Inverted Head and shoulders !!BPCL is forming a beautiful Inverted head and shoulders pattern at its low and with its earnings coming up on 12th august, it makes a strong long contender.
It takes support on the 50EMA and a break above the neckline on above average volume initiates the trade with long targets of
T1 at 371.20 and T2 at 394.45
Risk To Reward od 1:2
Stop loss below the 50EMA
High Volume cues and favourable risk to reward
Keep It Simple
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalGodrej Properties
Stock at trendline Breakout level and also formed Head & Sholder pattern
Now trading in a resistance Zone
Buy at CMP or above 1660 levels for positional targets of 1780/1950
Keep SL at 1450 on closing basis.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
TATACONSUM TRADE SET-UP FOR TOMORROWTata consumer share touched the level of 860 and then reversed, now stock is following the good price action.
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As you can see in the chart, Tata consumer taking the correction after every bull move.
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So for tomorrow, stock will test the 829 levels it is a resistance level so maybe share will wait for some time,
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Then will give the breakout, you can buy trade once it cross 829 for the target of 840-850.
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ASIANPAINT TRADE SET-UP FOR TOMORROWASIANPAINT share testing 3147 level as you can see in the chart, there is a strong resistance.
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Stock is making trendline and made higher high, tomorrow if stock break 3147 we can see the target of 3200.
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If stock break the trendline in downside, we will avoid this trade.
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Mothersumi Trade Setup For TomorrowAs you can see in the chart, there is a trendline breakout in the mothersumi share,
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You can see in the history there is a strong resistance of 227 stock tested multiple times,
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If stock goes above 227 on tomorrow, you can buy this trade for the target of 335.
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HDFC Trade Setup For TomorrowHDFC Ltd share tested 2849 level multiple times, now the share is ready to breakout.
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If Hdfc Ltd goes above 2849 on tomorrow, you can buy this trade on tomorrow.
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Target is 2880.
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What's your view on this comment below in the box.
Bharti Airtel Trade Setup For TomorrowAs you can see in the chart, 708 level is a strong resistance two times stock touched this level,
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Today also share try to break the 708 levels but unable to break the resistance.
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For tomorrow you can buy this trade once it goes above 710 for the target of 727.
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Try to avoid the position if stock give gap up opening.
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What's your view on this comment below in the box.
SRTRANSFIN Trade Setup For TomorrowShriram Transport Finance has already given the breakout, as you can see in the chart.
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There is a strong resistance of 1426, two times stock tested the level and then given the breakout.
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Now for tomorrow you can buy this trade once it goes 1442, for the target of 1470.
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Note: Avoid the trade if stock gives gap up opening.
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HEROMOTOCORP Head & Shoulder Trade Setup (Long)As you can see in the chart there is a strong resistance of 2930,
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In previous trading days stock made head & shoulder pattern and then gave the breakout now again,
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Stock is making head & shoulder so in this condition there is two probability that can happen in this trade.
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1. Share tested three time 2930 levels, now it can be possible that in the next time stock can give the breakout.
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2. HEROMOTOCORP has made shoulder and then head and and then maybe share again make head and then give BREAKOUT.
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SUNPHARMA TRADE SETUP FOR TOMORROWThere is a strong resistance of 840, stock two times reverse from this level,
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And then recovered in a v shaped now again today touched the level and made the breakout candle,
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So tomorrow if share goes above 840, we can buy this trade.
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