Brake out retest about completebroke out of TR and evident that accumulation about to completed nd retested twice and today gap up is recipe for new breakout
Retest
ANANT RAJ - 52Week HighEntry: 87-88
Stop loss on closing basis : 83.5 (for aggressive traders) & 80 (for conservative traders)
Target : 116-120
Notes:
Stock made 52 W high with good volumes
Retest with declining volumes
MARATHON NEXTGEN - Base BreakoutEntry : 249-250
Target: 275/283
SL : 240.5 (closing basis)
Notes:
Stage 2 stock
Formed 9 week base
Breakout form base with good volumes
Retest with lower volumes
Completing round bottom on monthly chart
SFL - VCP at BaseEntry: 3085
Stop Loss: 3015 (closing basis)
Target : 3425
Notes:
VCP pattern formed as base
Breakout with good volumes
Retested Bo with declining volumes
PENNAR INDUSTRIES - 52 W HIGHEntry: 48
Stop loss: 46
Target : 59
Notes:
Stock near 52 W highs
Retest the 52 W high BO
Cement stocks in momentum
VIJAYA - Retest + Reversal - Big Potential - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
IPL - Breakout from Trendline - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Banknifty Can Go For Some More Correction
Banknifty Can Go For Some More Correction, currently it broke the market structure and retesting.
SURYA ROSHNI - Base breakoutEntry: 510
Stop Loss: 489
Target: 623
Notes:
Breakout from base with good volumes
Retest with lower volumes
Price at EMA 10
Price looking to complete round bottom on higher time frame
Breakout and Retest in GUJGASBreakout and Retest done in GUJGAS
Entry: CMP (527)
Target - 577
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
SHREE DIGVIJAY CEMENT - LONGEntry: 73
Stop loss: 69
Target : 79/85
Notes:
Price breakout from LH-LL trendline
Retest the BO
Cement stocks in momentum
NAZARA TECH - BO from BaseEntry: 730-740
Stop Loss: 695
Target: 920
Notes:
BO from base with good volumes
Retest with lower volumes
Most of the IT stocks breaking out from base
ADAUSDT Breakout & Retest Opportunityafter breakout it"s at retest situation if the retest sustains and gave strong closing with bullish engulfing candle then go long otherwise leave it.
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BATAINDIA - Breakout + Retest Structure - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
INFO EDGE quick profitINFO EDGE has been respecting the trendline since a long time and has always hit the lower channel followed by hitting the upper channel which gives an opportunity for a quick profit following past data and all done on above average volume.
Support of 50EMA and trednline provide enough confluence for a quick long side trade targeting around 4591.45
Tight stop loss right below 50EMA
Keep It Simple
HCL tech quick profit !!HCL tech broke past its long term trendline and made a retest while forming a reversal candle and has now broken out after a tight box consolidation.
Limit order could be placed right above the 50ema for a quick profit at 948.60 for 1:1.5 risk:reward
Keep It Simple
IPO base brake out IPO base formed and clear signs of accumulation completion .
2nd breakout retest done .yesterday narrow range in falling small cap sign of supply dry up....good sign
BALAMINES - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
BPCL respects trendBPCL has beautifully respected its uptrend after taking support from a long term trendline and 50EMA during the pullback after successfully
creating a head and shoulders as updated on my previous analysis of BPCL.
All of this done on above average volume
Traget at 346.75 which is the recent high
Stop Loss: Below 50EMA
Keep It Simple
REFEX - Monthly chart - Retest/Reversal + Flag BreakoutThe analysis is done on monthly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
BEPL - Head & Shoulder + Bull Flag + Retest/Reversal - SwingMonthly chart here -
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Munjal Auto - Swing TradeMunjal Auto - Swing Trade
Broke out with huge volumes and now retesting.
SL below 48.8 (DCB)
TGT 57/59/62
Can hold/trail till the levels marked.
A good RR ratio trade ;)
