ADANI GREEN (1W TF) - Swing Trade Analysis given on 26th July, 2024 Pattern: FALLING WEDGE BREAKOUT - Weekly Resistance Trendline Breakout - Done ✓ - Strong Pullback from Weekly Support Level - Done ✓ - Demand Zone retest for a Small SL and a better RR - In Progress * Disclaimer #ADANIGREEN #niftyenergy
1. Trend: Bullish 2. Set up: Fib level reversal 3. RR: Lucrative 4. Strength: Stron
Logic:-RSI positive divergence near trendline support followed by Consolidation breakout Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP. Relatively safer stock to bet as technofundamentals are strong together. Happy trading!
Avenue Supermarts is BULLISH on Monthly timeframe and has changed its price structure on Weekly timeframe which gives a strong conviction that it is going to test its ATH once again. There is a scope of accumulation if it is available at a discounted price between 4200 and 4300 . The idea will be invalid below 4000 . The targets are crystal clear according...
Tejas networks is a loss making multibagger company which has been consolidating since few months. If stock breaks 800, a support reversal can be confirmed and new ATH can be expected in stock. The stock is a multibagger stock which can repeat its performance if market is bullish. Only Risky traders should keep this in watchlist
KILITCH DRUGS (1W TF) - Swing Trade Analysis given on 20th July, 2024 Pattern: FALLING WEDGE BREAKOUT - Resistance Trendline Breakout - Done ✓ - Weekly Support Zone Retest & Consolidation - Done ✓ - Strong Pullback candle with Volumes after consolidation - Done ✓ - Demand Zone retest for a Small SL and a better RR - Done ✓ * Disclaimer
Observation & Overview: 1. The IT Index was beaten down in late 2022. 2. After 2023 it formed a bottom and prices started gaining strength. 3. 2024 price started forming Higher Highs & Higher Lows, touched the previous 2022 ATH and currently, taking support from the 50% of the swing and also bouncing from a D tf demand. 4. It is acting as a major support zone and...
GMDC (1D TF) - Swing Trade Analysis given on 9th July, 2024 Pattern: SYMMETRICAL TRIANGLE BREAKOUT - Resistance Trendline Breakout - Done ✓ - Strong Pullback candle with Volumes after consolidation - Done ✓ - Demand Zone retest for a Small SL and a better RR - In Progress * Disclaimer #GMDC #niftymetal #nifty500
PNC INFRATECH (1D TF) - Swing Trade Analysis given on 8th July, 2024 Pattern: FALLING WEDGE BREAKOUT - Resistance Trendline Breakout - Done ✓ - Weekly Support Zone Retest & Consolidation - Done ✓ - Strong Pullback candle with Volumes after consolidation - Done ✓ - Demand Zone retest for a Small SL and a better RR - In Progress * Disclaimer #pncinfratech...
DB REALTY is showing buyers interest at the support and currently looking attractive at CMP of 203. Enter after studying this with your setup. Targets are marked. NOTE: I'm not a SEBI REG. Study charts before investing.
Wheels India has given a weekly breakout of triangle pattern. Stock is getting ready for making new ATH. We can see a good quick move in the stock once 910 is broken. Keep in watchlist. Stock has shown good volumes as well in recent weeks.
1. Trend Bullish 2. Set up: Reversal from suport 3. RR can be lucrative
This has been on my radar for months but it never gave a convincing breakout. A strong weekly candle closing today may lead to the awaited breakout and further upmove in the counter. NSE:LAURUSLABS is running strong with trendline support and ready to break above and sustain 450 levels. Have already posted NSE:LALPATHLAB from the same sector.
Nazara is a company which develops gaming software. Stock has given good volume breakout from a strong resistance zone. Immediate resistance is 1000 above which stock will fly. As i said, keep this stock in your nazar(watchlist) Risky traders can enter as per my levels for better risk reward. Do follow me if you like my analysis!
STAR HEALTH & ALLIED INSURANCE (1W TF) - Swing Trade Analysis given on 30th June, 2024 Pattern: FALLING WEDGE BREAKOUT - Weekly Resistance Trendline Breakout - Done ✓ - Volume Spike at Weekly Support Zone - Done ✓ - Demand Zone retest for a Small SL and a better RR - In Progress * Disclaimer
Hi All, This idea is about Butterfly Gandhimathi Appliances Ltd CAUTION: Please keep in mind that FY24 was not at all good for this company and this idea is purely based on technical analysis Weak Fundamentals Market Cap - 1500 Cr Stock PE - 184 ROE - 2.8% ROCE - 5% Promoter Holding - 75% D/E - 0.01 Technicals Post correction of 64%, price has reached a...
CMP 123 Target 201Rs( 66%) Next average at 101( Invest same amount at 101Rs level) duration : 1.5 year. Bank of India made reversal from trendline support and now its looking great at this level of 123Rs...downside is limited to 100Rs Belongs from PSU sector which is already bullish . nothing is negative for this counter. You can invest big amount also Be...
ASTER DM HEALTHCARE (1W TF) - Swing Trade Analysis given on 23rd June, 2024 Pattern: BACK AT WEEKLY SUPPORT ZONE - 8 Weeks Consolidation at Weekly Support Zone - Done ✓ - Strong Weekly Volume Buildup at Support Zone - Done ✓ - Demand Zone Consolidation & Retest - In Progress * Disclaimer