Nifty will revereseif nifty daily closing will above 17270 and sustain there. then market will be uptrend .i mark the trendline , i mark the inside candle. i hope its helpful
Reversal
Expecting Good ReversalNSE:CARTRADE
High probablity setup in CarTrade.
Stock is in Good Uptrend and tring to break the Resistance.
The Drastic fall Since the IPO might reverse from here
Reason of the Very disappointing performance of the company was
truly its Weak Fundamentals.
As the Company has improved over its Fundamentals I expect
a good growth into it.
This is what I think is Attracting Investors into it.
if the Stocks Closes above 660 then I expect it
to Further move towards 700-760
NOTE - THE ABOVE IDEA IS MY PERSONAL VIEW
PLEASE MAKE YOUR OWN RESEARCH TOO.
Happy Investing....!!!
HCL TECHNSE:HCLTECH is a dark horse from the IT sector
the previous day it has delivered a very good result.
and taking very good support from 1054 levels,
so, one can add this stock for short-term target of 1250 and long term target of 1660.
Amar Raja Battries bullish divergence.self explanatory.bullish divergence seen on chart. trend reversal can be seen.
Bajaj auto - cup & handle patternBajaj auto - a cup & handle pattern on daily time frame. Perfect reversing to buying zone.
Point of conflence between 3660 to 3681.
An upward demand can expect target near 3850 and 3997 with SL around 3548
LALPATHLABWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Long Term Debt free FMCG Stock This stock was in downtrend after July 2021 because FII & DII are selling there stake also profit booking as stock has given good return more then 100% in a 1 year.
Bajaj Consumer is a very Old company. It is Debt Free. It is one of the best stock in FMCG sector.
Right Now stock trading between 175-180.
In march 2022 ending & April 2022 first week during this period the volume has been increase so may be new buyers are buying this stock.
So There is good chances that within few months this stock can give 20-25% in short term, while in long term this can give return of more then 30-40%.
On daily time frame the stock in trading above 50 EMA, in short term this stock will trade above 200 EMA so there is good chances that this stock can give a good return.
Target Price is mention in chart.
This is just for educational purpose.
Happy Trading :)
IRCTCNSE:IRCTC is a very good fundamental stock
it has been corrected significantly, on daily time frame it is showing very good support
one can add this stock in their portfolio for very short-term target of 796 and also for investment
Nifty prediction for 3-6 month viewNifty will not sustain above 17000 so if it come near16950-17050 can short for the target 16160 and more down side up to 14363 in next 3 month.
Nifty Futures (9 March)Nifty Futures (09 March)
Bullish engulfing candle stick pattern.
it would be a reversal sign.
small btst trade with RR ratio 1:1.5hospitality sector is not showing any bearish sign in this falling market so I found a good trade in hospitality sector.
a channel pattern breakout done.
there is a another hidden trendline (golden color) which will work as resistance so we can exit at that level or booked profit with 70% quantities & remain leave for up move .
market has taken a reversal upside for short term so we can take a trade with low risk.
Bajaj Finance - Harmonic PatternBajaj Finance can be bought at the marked level with long term view as it is fundamentally a strong stock which has the capability of doubling the money every 5 years. Expecting an reversal from the marked zone (i.e. 5910 - 6000)
M&M - Long SetupAs shown in the chart, there are two harmonic levels available at the 661 - 664 mark. One can initiate buy at the mark levels for a short term target of 725.
Maruti - Long SetupMaruti has been continuously falling for the past 4 days and has corrected more than 25% from its recent high. One can expect reversal from the marked zone with an short term target of 7250.
Bank Nifty reversal from PRZ?After the huge fall because of the Russia-Ukraine war, there could be a good opportunity to Long Bank Nifty. A pattern of Bullish Cypher has been formed with almost perfect Fib ratios. One can long Bank Nifty in the green zone ( 35052 - 35170 ) with a strict stop loss ( 34556 ) of the red line below it because that would indicate pattern failure. The three targets are marked on the chart with green lines ( 36084 - 36722 - 37238 ).
[Positional] Dhanuka Agritech buy IdeaDhanuka Agritech seems to be moving in a parallel channel .
After the downtrend, it has reached it's demand zone as per parallel channel where it is currently consolidating indicating accumulation.
For high probability setup a trader should always wait for price to give confirmatory signal then act.
Buy trade can be taken when uptrend is confirmed by dow theory. So, when price will go above it's previous high 791 we can initiate a buy trade with stoploss as previous swing low 704.
Target at top of the channel comes near 1070 making a very attractive R:R of 1:3
Swing trade oportunity HDFC BANK HDFC BANK with its Downtrend Failed to Form Lower Low which is one sign it will reverse and get into Uptrend, However the same has been confirmed on MacD as there is clear Divergance. Target and stop loss drawn. SL can be moved as per market Volatility. Enter only after Trend line on upside Brakes. NSE:HDFCBANK
PENNY STOCK SWING TRADE (No PUMPnDUMP)wait for BULLISH candlestick dont go short if it breaks that level use this analysis for long entry do follow me if u liked my idea.
Strong Possible reversal at WiproI know i am trying to catch the Bottom at the Downtrend But as per my analysis this kind of setup gives quick and strong move. yes Bit risky but thats why we have Stop loss. all the Levels of target and SL are given on chart.
NSE:WIPRO
Aditya Birla CapitalABCAP can give us a nice trade but risky as sgx nifty already 100+ points down stock can open gapdown,risky traders can shot if gapdown with last 15min candle high above as sl & if not gapdown can wait for reversal candle like doji or bullish engulfing,if formed can go with buy with reversal candle low below as sl for minimun 1:2+take profit,as my stratergy gives me 50+%of accuracy i follow strict 1:2 minimum take profit orelse it would be difficult to survive in market
