RCF 1:10R Reversal Trade set up1. Set up: Probable reversal
2. Reversal mini breakout
3. RR 1:10+
4. May sweep SL before breakout
Reversaltrading
ZFCVINDIA 1: 10+ RR trade set up1. Trend: Bullish
2. Set up: Reversal from Fib levels
3. RR 1:10+
4. Strength strong
ELDECO HOUSING & IND - Swing Trade Analysis - 3rd August #stocksELDECO HOUSING & INDUSTRIES (1W TF) - Swing Trade Analysis given on 3rd August, 2024
Pattern: FALLING WEDGE SETUP
- Strong Pullback Candle from Weekly Support Zone - Done ✓
- Weekly Volume Buildup at Resistance Trendline - Done ✓
- Weekly Resistance Zone Breakout - In Progress
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
JISLJALEQS Trade Idea1. Trend: Bullish
2. Set up: Fib level reversal
3. RR: Lucrative
4. Strength: Stron
BIRLASOFT - Swing Trade Analysis - 13th July #stocksBIRLASOFT (1W TF) - Swing Trade Analysis given on 13th July, 2024
Pattern: REVERSAL FROM WEEKLY SUPPORT
- 5 Weeks Consolidation at Weekly Support Zone - Done ✓
- Strong IT Sector Weekly Breakout - Done ✓
- Accumulation with Volume Buildup at Support Zone - Done ✓
- Demand Zone Consolidation & Retest - In Progress
* Disclaimer
WELSPUN CORP - Swing Trade Analysis - 26th June #stocksWELSPUN CORP (1W TF) - Swing Trade Analysis given on 26th June, 2024
Pattern: REVERSAL FROM WEEKLY SUPPORT ZONE
- Consolidation & Pullback at Weekly Support Zone - Done ✓
- Strong Volume Buildup at Weekly Support Zone - Done ✓
- Demand Zone Retest - In Progress
* Disclaimer
CEAT LTD - Swing Trade Analsyis - 29th June #stocksCEAT LTD. (1W TF) - Swing Trade Analysis given on 29th June, 2024
Pattern: FALLING WEDGE BREAKOUT
- Weekly Resistance Trendling 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
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
USDJPY - POSITIONAL SHORT TRADESymbol - USDJPY
USDJPY is currently trading at 157.700
I'm seeing a trading opportunity on sell side.
Shorting USDJPY pair at CMP 157.700
I will be adding more if 158.200 comes & will hold with SL of 158.500
Targets I'm expecting are 154.800 - 151.900 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
KEL Simplest possible trade set up1. Trend Bullish reversal
2. Set up: Fib 61 levels reversal points
3. RR: 1:10+
4. SL: follow on closing basis below the 61 levels
ACCELYA Reversal Trade set up1. Trend: Reversal Trade
2. Set up: Double bottom reversal
3. RR: 1:5+
4. Follow strict SL
Nifty IT BULLISHThis perspective is for mid and long term.
Share the link as much as you can so everyone can benefit.
:)
VIPIND reversal trade set up1. Set up: Reversal
2. Trade Idea: Inverted H& S
3. RR: 1:6.5+
4. Strong closing is important
BERGEPAINT 1:6.5 RR trade set up1. Trend Bullish
2. Set up reversal after consolidation
3. RR: 1:6+
4. Probable false breakdown and reversal
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 1:18 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+
WILL NIFTY50 SHOW REVERSAL FROM SUPPORT LEVELS ?Symbol - NIFTY50
CMP - 21980
NIFTY50 witnessing heavy selling and now slipping below 22,000 round level.
Market sentiment is weak but according to my analysis, Nifty is now trading at major support levels.
22000 - 21930 is good support range for Nifty. I believe Nifty will take support from current levels & will show a reversal from here soon.
Dow Jones is at good support levels, Crude is showing reversal from upper levels etc. are the triggers that will help Nifty to go higher from current levels.
Hence I'm taking Future long positions in Nifty at CMP 21977 - 21980
I'll add more position around 21920 - 21930 levels, if comes & hold with 21880 SL.
Targets will be 22170 - 22300 - 22430
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
TTML Trade set up with 1:11 RR1. Set up: double bottom
2. Trade idea: Reversal
3. RR: 1:11+ RR
4. SL: Follow on closing basis
