1. Set up: Reversal 2. Trend Bullish 4. SL lucrative with less then 3% 5. RR 1:9.5+
1. Set up Reversal from Fib 61 Levels 2. Trend: Bullish 3. Sl follow on closing basis 4. RR: 1:10+
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
NIFTY50 (1W TF) UPDATE - 15th April, 2024 Pattern: ASCENDING CHANNEL - Reversal at the top of the Weekly Channel Resistance - Done ✓ - Might expect more of a fall in the Indian markets, mainly due to the US markets sell-off on Friday - Geo-political tensions due to the Israel-Iran conflict might also have some repercussions - Volatility is going to be high -...
HG Infra is a techno-fundamental pick shared from infra sector. Stock is available at a PE of around 10 and ROE, ROCE>25%. Sales growth in 5 years is above 27% which is phenomenal Technical Logic: -Stock is retesting previous breakout. Currently, small rejection is seen from demand zone. If a good candle closes above 890, stock can start upward journey with...
1. Set up: Double bottom 2. Price trading at support 3. Break out and failed, 2nd attempt it will be to pick up pace 4. RR 1:6+
1. Trend bullish 2. Strength: strong 3. 2nd attempt to run upside with falling wedge set up 4. RR: 1:10 5. Price is come to demand zone after first entry so risk can be smaller worth taking with 10 times reward
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...
1. Trend: Probable reversal 2. Set up: Reversal 3. RR: 1:35+ 4. SL follow on closing basis
Support Zone: Identified, indicating potential reversal 200-Day EMA: Providing support Entry Strategy: Buy at Current Market Price (CMP) ₹172 Stop Loss (SL): ₹153 for risk management Target: ₹220
1. Trend: Bullish 2. set up: double bottom reversal 3. RR: 1:5.5+ 4. SL less then 3%
1. Trend Bullish 2. Set up: Reversal 3. RR: 1:8 minimum 4. SL lucrative with less them 1.5% of CMP
1. Set up: Reversal with FIB levels 2. Trend Bullish 3. RR: 1:6 RR 4. SL follow on closing basis
Housing finance sector is looking very positive considering the tapering effects of recession and inflation data. PNBHsg finance has already skyrocketed post breakout. Lichsg finance is a good fundamental stock which is looking a good positional trade. This idea is not a recommendation and is shared only for educational purposes. You can also study stocks like...
1. Trend: Sideways to bullish 2. Set up: Reversal trade with Buy at support 3. RR: 1:10 4. SL on weekly closing basis
GAEL (1W TF) - Swing Trade Analysis given on 3rd April, 2024 Pattern: REVERSAL AT WEEKLY SUPPORT - Pullback candle at Weekly Support - Done ✓ - Strong Volume candle at Support - In Progress - Demand Zone Retest & Consolidation - In Progress
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!
1. Set up: double bottom 2. Trade idea: Reversal 3. RR: 1:11+ RR 4. SL: Follow on closing basis