GRINDWELL 1:10R trade set up1. Set up discount trading
2. Price trading at 75% discount
3. RR 1:10+ RR
Reversalpoint
HDFC AMC @ 90% DISCOUNT from the last high1. Trend Bullish
2. Set up: pull back with 90% discounts
3. RR 1:17+
4. Strength: strong
Possible Momentum Shift in Lokesh MachinesOn Friday, Lokesh Machines experienced a notable gap-up opening, indicating a significant increase in demand at the start of the trading session. Currently, the stock appears to be on the verge of filling this gap, a common trading strategy employed by many market participants.
Gap filling occurs in the context of imbalances between supply and demand. When a stock presents a gap in its price movement, it often highlights a disconnect where buyers and sellers may have differing views on the fair value of the stock. As the price approaches the gap area, it is likely to encounter a zone of interest where buyers and sellers converge on what they perceive as a 'fair' price. This activity can result in increased trading volume as market participants execute transactions that effectively fill the gap.
In this specific instance, the trading volumes observed may suggest a positive momentum shift. Once the stock reaches the identified demand zone between 387 and 395, I anticipate that it has the potential to advance toward the next resistance level at 465. This movement could represent a potential short-term return of approximately 17%, contingent upon favourable market conditions.
Angel One Stock Reversal Point | Look at this StockAngel One Stock Reversal Point | Look at this Stock
Entry 2400/2300/2200/2100
SL 2000, TG 2800/3000/3300/3800
JKCEMENT Trade Set up1. Trend Bullish
2. Set up: Probable Breakout / Reversal H & S
3. High bottoms wih consolidation below the resistance, may give bigger move
JISLJALEQS Trade Idea1. Trend: Bullish
2. Set up: Fib level reversal
3. RR: Lucrative
4. Strength: Stron
BUTTERFLY - PRICE REVERSAL POST CORRECTION OF 64%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 point where horizontal & rising support meet and price action is showing signs of reversal
This is a weekly chart & therefore time is required in order to reach different targets marked on the chart namely T1, T2, T3
Happy Trading,
Stock-n-Shine
ACCELYA Reversal Trade set up1. Trend: Reversal Trade
2. Set up: Double bottom reversal
3. RR: 1:5+
4. Follow strict SL
VIPIND reversal trade set up1. Set up: Reversal
2. Trade Idea: Inverted H& S
3. RR: 1:6.5+
4. Strong closing is important
KPITTECH 1:9.5+ RR trade set up1. Set up: Reversal
2. Trend Bullish
4. SL lucrative with less then 3%
5. RR 1:9.5+
HDFC 1:10 Reversal Trade set up1. Set up: Reversal from supporting TL
2. SL risky but if trade works out RR will be extra ordinary
3. Set up is risky but with 30% accuracy RR is way to good with such set up
4. If SL hits also, this chart will take SL's and will reversal high probability
HDFC 1:18 Reversal Trade set up1. Set up: Reversal from supporting TL
2. SL risky but if trade works out RR will be extra ordinary
3. Set up is risky but with 30% accuracy RR is way to good with such set up
4. If SL hits also, this chart will take SL's and will reversal high probability
ASIANPAINT 1:8.8 RR Trade set up1. Trend: Sideways
2. Set up: Reversal from support zone
3. RR: !:8+ RR
4. 1 Year consolidation zone, it could be re accumulation or could be distribution, will know after breakout or break down.
5. For now can trade in sideways zone
PFIZER 1:10+ RR set up1. Set up Reversal from Fib 61 Levels
2. Trend: Bullish
3. Sl follow on closing basis
4. RR: 1:10+
KSCL 1:6 RR set up1. 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+
Suntv Re-entry set up if missed earlier entry1. 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
NELCO 1:5.6+ RR trade set up1. Trend: Bullish
2. 6 months consolidation
3. Price taking support from fin 0.61% levels with double bottom formation
4. RR: 1:5.6+
BATAINDIA with 1:14+ RR trade set up1. Set up: Reversal
2. Triangle set up
3. SL: Follow weekly closing basis
4. RR 1:14+
5. Probable bottomed out stock ready for massive upside move
RSYSTEMS A good high rewarding set up1. Trend Bullish
2. Price trading at support level after a false breakout
3. High chances price close in green for this week and entry can be high rewarding
BAJAJHCARE 1:6+ RR trade set up1. Trend: Accumulation phase
2. Reversal from support
3. Strength is good at support with 14%+ bounce
4. RR 1:6+
DPWIRES 1:7+ RR Trade set up1. Trend Bullish
2. Weak hands removed with false breakdown
3. RR: 1:7+
4. Price may shoot up faster to trap sellers
