Bear Market Survival Guide : Strategy vs Area of TradingI make educational content videos for swing / positional trading
Retest-structure
HDFC AMC on support HDFC AMC looks good reason --
* Fundamentals Strong
*price is near about its Previous all time high
Parallel channel breakout with retest in Laurus LabsNSE:LAURUSLABS
A bullish parallel channel breakout has happened with a retest at 550 levels.
Currently on a weekly level stock can go past 600 with a buying price at 570-580 levels & subsequently increase beyond 600.
A SL of 450 with a higher target of 700, 900 & 1100 can be achievable in 1 1-year time frame.
Deepak Fertilizers - Cup and Handle ContinuationAs you all can see there is a beautiful cup followed by a handle on the Weekly timeframe.
After the pattern broke out, the stock managed the market sell off pretty well by retesting its previous supply zone (now demand zone) and maintained the sideways trend without spoiling the pattern.
This sudden surge implies that the stock is ready to continue its uptrend.
Talking about fundamentals:
- High Management Efficiency with a high ROCE of 17.10%
- The company has a high Debt to EBITDA ratio of 1.88 times
- Healthy long term growth as Operating profit has grown by an annual rate 40.09%
- Positive results in Dec 24
- OPERATING PROFIT TO INTEREST(Q) Highest at 4.94 times
- NET SALES(HY) At Rs 5,325.74 cr has Grown at 24.53 %
- DEBT-EQUITY RATIO(HY) Lowest at 0.67 times
- With ROCE of 14.4, it has a Fair valuation with a 1.9 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its average historical valuations
- Over the past year, while the stock has generated a return of 106.57%, its profits have risen by 0.5%
- High Institutional Holdings at 20.38%. Their stake has increased by 0.7% over the previous quarter.
$BTC Price Forecast: $75K, $85K, or $108K?Currently, I see three potential scenarios for BTC:
1. BTC is forming lower highs and may retest the previous resistance around the $108,000 level. After that, it could pull back to the $100,000 area before making a new all-time high.
2. BTC might retest the $90,000 level and then move upward. Alternatively, if it loses support at $90,000, it could drop to $85,000 before starting an upward trend.
3. In a worst-case scenario, BTC could undergo a significant correction, dropping as low as $75,000.
USDT.D BULLISH DIVERGENCE SET TO BLEED BTCCRYPTOCAP:USDT.D has formed a bullish divergence and a clear double bottom with proper higher lows, signaling a potential surge toward the 4% to 4.10% resistance area. This movement could lead to a significant drop in BTC and altcoins, as USDT.D and the crypto market are inversely correlated.
USDT.D RSI Oversold, Expected Bounce to 5%-5.5%, Bearish for BTCCRYPTOCAP:USDT.D shows signs of a potential bounce as RSI has reached oversold territory, indicating a likely move up to the 5%-5.5% area.
With #USDT.D rising, we expect #Bitcoin and altcoins to face downward pressure due to the inverse relationship between USDT dominance and the broader crypto market.
Watching for confirmation of this bounce could provide shorting opportunities in CRYPTOCAP:BTC & #crypto .
BITCOIN FORMED BULLISH DIVERGENCE FUELING TO 75KScenario 1: CRYPTOCAP:BTC Moves Up with Strong Volume After a Rate Cut
Bullish Divergence Support: The bullish divergence suggests that #Bitcoin is gaining strength, indicating a potential upward move.
Volume Confirmation: If BTC moves up with solid volume post-rate cut, it could break through 74k and potentially head higher. Increased volume after the rate cut could be a sign that institutional or retail investors are confident in the rally, driving prices above previous resistance levels.
Target: If this scenario plays out, BTC could surpass the 74k mark, especially if the broader market sentiment is favorable post-rate cut.
Scenario 2: BTC Reaches 73k, Then Faces Another Correction
Resistance at 73k: If BTC reaches 73k but struggles to break above it, this would indicate a strong resistance zone. A pullback could follow as the market hesitates or prepares for another consolidation phase.
Correction Potential: In this case, CRYPTOCAP:BTC may correct before attempting another rally. This could be a short-term dip that sets the stage for a more significant breakout once the market rebalances.
Target: If the price reaches 73k but can't break it, then a pullback would likely bring BTC back into a lower range for a while before making another attempt at the next breakout.
Key Factors to Watch:
1. Volume: As you noted, volume is crucial. A strong volume push above resistance (like 73k) would favor Scenario 1.
2. Macro Events: The rate cut and overall macroeconomic factors could heavily influence the market. If the rate cut signals more liquidity or favorable conditions for risk assets like Bitcoin, Scenario 1 becomes more probable.
3. Market Sentiment: The overall sentiment in both crypto and traditional markets will play a role. If broader financial markets are stable or bullish, Bitcoin could push past the resistance levels.
Ultimately, monitoring the price action around the 73k and 74k levels, as well as volume trends, will help clarify which scenario is more likely.
Swing Stock retestes the previous level from where it gave breakout now giving a reversal signal after form my point of you this stock is very bullish now.
As a swing trader 10To12% is very easy in this stock at this level
Swing Last in 2015 this stock given breakout but at retest level it failed and came down to 335
Then tried multiple times to give breakout at the same level of from where it falled in 2015
But this time in 2024 this green BO candel closed above the resistance line and while retesting it sustained it support line from where it falled in 2015.
When reversal came it closed above its resistance line in Day Tf also in week Tf also
BULLISH
BAJAJ FINANCEHello and welcome to this analysis
After reversing from a bearish harmonic Gartley pattern its now gone on to test its previous breakout level.
In lower time frame its forming a bullish RSI divergence. Sustaining above 7400 it could retest 7700 and more provided it does not break 7200.
Happy trading and investing
ASHOK LEY LAND Getting Attractive For LongAshok Ley Land
On Retracement Mode After Respecting the tgt of 265±
Longterm Investors
Can accumulate till 185.
Looks good in Parabolic UPTREND PATTERN & ELLIPTICAL BREAKOUT ALSO SEEN.
(Based on Elliptical structure 207± support looks good)
TARGETS EXPECTED ARE MARKED IN THE CHART.
Shared it for Reference Purpose Based on CHART PATTERN.
Kindly do Your Analysis From Your Side.
This is not a BUY or SELL RECOMMENDATION from my side.
Retesting it's Breakout and About to Break Major Levels NSE:TECHM is retesting its resistance on a weekly timeframe, if 1530-1574 is sustained it can easily go to ATH Levels of 1838. Keep in Radar
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Can you again win with JIOFIN ?After the breakout from the descending channel, retest seems to be complete.
This company needs no introduction. Right !!!
USDT.D Retesting Previous Support as New ResistanceUSDT.D Bullish Divergence and Double Bottom Signal a Trendline Retest
USDT dominance ( CRYPTOCAP:USDT.D ) has formed a bullish divergence on the 4-hour chart, along with a double bottom pattern.
These signals suggest that USDT.D is gearing up to retest the trendline. Meanwhile, Bitcoin and altcoins are likely to undergo a retracement, offering another healthy opportunity to enter long positions.
This setup indicates potential strength in USDT.D, which may lead to a temporary pullback in the broader crypto market before resuming the uptrend.
BANKING MAJOR COMPLETES RETEST.India's biggest bank finally broke out after months of correction and consolidation. Lot of news and investment expectations boosted the stock for new breakout but a green candle was nowhere to be found for strong close after huge gap ups and hence stock corrected down to its supports. NSE:HDFCBANK is finally ready to continue its upmove after completing its retest.
Suzlon : Breakout Candidate#Suzlon #VCP #Breakout #trendingstock
Suzlon :
>> Rounding Bottom Breakout + Retest Done
>> Small VCP Visible (Retest zone)
>> Trending Stock
>> Good Strength & Volumes
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Man Industries : Breakout Candidate
#Maninds : #Breakout Candidate
>> Range Breakout + Retest done
>> Decent Valuation Stock
>> Trending Setup
>> Flag Structure Visible
>> Low Risk High Reward Trade
Swing Traders can Lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
#AVAX Ready to Skyrocket: Massive Gains Ahead!Hi everyone! Today, I'd like to highlight another top altcoin: AVAX. It has found strong support at the anchored VWAP and is currently retesting a previous high area. Recently, $AVALANCHE surged to retest the previous support level from 2021, around the $65 zone, which acted as resistance. Now, it's finding support from previous highs.
The VWAP is a highly regarded indicator, often used by institutional investors. Given this, it might be an excellent time to buy AVAX, as it appears ready to soar from its current range of $20 to $22. If it retests its all-time high of $148, we could potentially see returns of up to 500% from this point.
IIFLSEC Retest set up1. Trend: Bullish
2. Set up: Breakout & retest
3. STrength: Stronger then breakout
4. RR: from 1:4 to 8
#BTC/USDT Bulls Gather Momentum: A Potential Price Surge AheadThe #BTC/USDT pair has recently undergone a significant event, testing a key trend line and subsequently bouncing from it. This bounce has coincided with the formation of a bullish divergence, indicating a potential trend reversal and the beginning of a bullish phase for Bitcoin.
The current price action suggests that #Bitcoin is now poised to retest three critical resistance levels at $62600, $67200, and $71000. If these levels are successfully breached, it could pave the way for a move towards the $85,000 target.
The successful breakout above these resistance levels would confirm the strength of the bullish momentum and could attract further buying interest from traders and investors. However, it's important to monitor the price action closely, as failure to break above these levels could lead to a continuation of the current consolidation phase.
