Mahindra & Mahindra breakout as per bullish wedge setupBuy price - 779
Stop loss - 710
Target 1 - 850
Target 2 - 920
Riskreward
M_M ready to bounce back from its demand zone currently M_M is consolidating at important zone which you can see also act as a good support in 2015-16 time( you can zoom out the chart ) and it has bounced of many times from the same area in last year . stock is also nearby 200 Ema , A good closing above this will also lead the stock to new highs .
and it has also broken that trendline and retested two times so you can expect a good upside move .
enter the rally before before it starts going up .
A good risk reward trade can be initiated here with just a 4% risk and a good 12% & 26% reward as target 1 and target 2 .
risk taker can intiate the trade here and those who are safe trader can wait for break for this consolidation with a good green candle with volume but that will affect your risk reward ratio .
SL to be maintained as a day closing basis . if we closes below this zone on daily timeframe you can close you long trade .
Hope you find this analysis helpful .
Happy Trading .
Xchanging - Low Risk entry for a swing tradeXchanging is giving a low risk entry for entry. Risk Reward favourable.
Route Mobile - Low Risk SetupThe stock was in uptrend since its IPO. Recently after some strong candles the stock was moving sideways. Today the stock has come out of that sideways movement and formed HH HL structure. Can be a low risk entry here.
Keep an eye on Lincoln Pharma for Swing Trade1. Making Higher highs & Fundamentally strong Stock.
2. Took support from 377 Support Zone with good volume
3. Only Disadvantage is the stock closed below round figure i.e, 400
4. If the Resistance zone Between 404-414 will break we can see a very good up move(Based on market conditions)
5. Enter only if 414 level breaks with good confirmation by keeping 404(if a candle closes below 404 in 15 min TF) as stop-loss.
6. 445 is 1st TGT & 480 is 2nd TGT
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********Educational/informational purposes only. **********
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Vikram Thermo- A bottom fishingVikram Thermo a microcap company is currently taking support and has a triangle formation in its chart. A buy can be considered now or after breaking the trendline.
The RSI is also looking for a breakout.
Risk-Reward Ratio is on the lower side with this setup. Strict SL at closing below 187 .
KRP Mill - Breakout and retestStock had broken out. Now the stock has retraced and retesting its breakout level. The area has confluence of EMA 20 which is also acting as support. the stock has shown reversal signs.
Grindwell Norton - Breakout and retest setupGrindwell Norton had given a breakout. Today it has retested the breakout level. Low risk high reward entry
Metropolis - Pullback low risk setupThe stock has been consolidating for some time. Today it tested its previous breakout level and has shown some strength. Can be used for low risk entry with higher reward
Carboruniv - Pullback SetupStock took support at 20 EMA. Today has shown a good candle. Low risk pullback entry possible
Tata Power Ready to show it's powerTata Power is looking very good on charts and is on verge of breakout around it's resistance. If succeed then we can expect 155-165 in 1-2 months
Risk Reward(RR) looks very favorable here.
This analysis if for educational purpose only. I'm not SEBI registered analyst.
IIFL Sec - Strength Candle after Low Volatility PeriodIIFL Sec had many candles with low range. Today with range expansion, breakout from low range area has occurred. Swing Trade with low risk
International Conveyors @finger tipsI am waiting to see it in Uncharted Teritory😎✔️
Expecting a reversal from the current level.But need to stay Nifty postive.
Risky players can enter @current level
Others can wait for the Cup and Handle Breakout.
✔️ Anytime we can see a massive movement in the stock
Reasons for this Stock Selection ✔️
💎The stock was strongly accumulated between 40-50 range,u can see strong consolidation in the chart.
💎The back end data was awesome in the consolidation period.
💎Formed a nyz pattern.
💎Here the Cup with Handle is a bullish continuation pattern.
💎Final Shake Out.Sending those shares into sturdier hands in the market.
💎Low Volume in Handle is the another bullish sign.
💎Low Risk.
💎Promoters increasing their stake.
💎Technically promising chart(All studies explained in the chart).
And I hope This is the Final SHAKE OUT || Bulls Awaiting✔️😎
weekly chart✔️
About The Business✔️
International Conveyors is engaged in Manufacturing and trading of Conveyor Belting, Trading of Ply Conveyor Belting, Steel Cord Conveyor Belting and fitting and accessories, Generation and Sale of Power.
Hope you guys learn and trade responsibly only after understanding the mechanics behind the pattern🙏
EURUSD rebound fades before Fed Chairman Powell’s speechEURUSD struggles to extend the strongest recovery in a month as anxiety over Evergrande test pair buyers ahead of a speech from Fed Chairman Jerome Powell. With this, the currency major steps back from the weekly resistance line, which in turn suggests further weakness towards the 1.1700 threshold. However, the quote’s downside past 1.1700 will not hesitate to refresh the yearly low near 1.1665.
Meanwhile, an upside clearance of the immediate trend line hurdle surrounding 1.1745 will direct the quote towards a 61.8% Fibonacci retracement level near 1.1760. Even if the EURUSD bulls manage to cross 1.1760, 200-SMA and a descending resistance line from September 03, respectively near 1.1775 and 1.1785, will precede the September 17 peak of 1.1788 to challenge the pair’s further advances. Overall, EURUSD remains pressured but traders await key catalysts for fresh impulse.
SUN TV... ACCUMULATEA very good price to buy sun tv. Short-term target 515 and long-term target 600. Stoploss at 475 with 1: 10 risk-reward. Looks like the script is bottoming out.
PS: Tickertape shows all 5 parameters in green for suntv...
V-MART : Swing OpportunityNSE:VMART is trading in a range after a huge volume breakout. The scrip is now at key support level taking multiple support at the previous resistance (S/R flip). The stock is also forming a descending triangle pattern. The volume is very less on consolidation. One can go long at CMP however this is a little risky bet as there is also one more support level at 3100 levels.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
CENTURYTEX : Very Good Risk Reward Swing Trade OpportunityNSE:CENTURYTEX has broken out range with good volume and has now retested the breakout level. The downside candles are narrow with less volumes indicating that bears are weak and bulls will take over. The Risk Reward is excellent at CMP.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
ANGEL BROKING : Excellent Risk Reward Swing Trading OpportunityNSE:ANGELBRKG has broken out of symmetrical triangle and resistance level with good amount of volume. The stock is currently at the retest level forming bullish pin bar right at this key support level. The stock can rally from the current price and looking good at CMP. Risk to Reward ratio is very good at this price.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
BSE Ltd : Swing Opportunity with good Risk Reward setup NSE:BSE look good to long at CMP. The stock after a good breakout from symmetrical triangle , has now retraced to the breakout level. Volume on the downside are very minimal as mentioned in the chart which implies there is no bearish pressure. The stock most probably will rally from here however the overall market should support.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
CAMS : Perfect Risk Reward Swing Setup!NSE:CAMS has broken out of symmetrical triangle pattern / cup and handle pattern with good volume. The stock has now retraced to the breakout level and looks good for further upside with minimal Risk and good Reward. One can enter at the current market price as the stock looks good in the short term.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
Ambuja cements swing, low riskI have been watching this for long time. You can see all close support and resistances.
Right now it is in a good range and have potential news and sector rotation for making all-time high.
not buying advice..
