Stock after the retracement can bounce back from this support area. Buy around 515-520 With SL Below 513 on a closing basis. Targets will be 540 and 555 Great Risk to reward ratio for this trade and the FMCG sector can perform from here after a bit of retracement. Breakout from this level is needed RSI-based strategy. Candle confirmation today buy if closes in...
Features on chart :- 1. Channel pattern breakout coming. 2. Flag and pole pattern. 3. Volume contraction. 4. Price contraction. A trade above 2000(after breakout) will give a high probability trade with risk reward of more than 1:5. Follow for more such ideas.
The stock has been moving in a range and recently tested the support line. However has closed above the resistance with good volumes (the long green candle which was formed on 2nd Aug and the candle on 5th Aug gave double confirmation). Seems ready to take on the second resistance line. Converging moving averages are also a positive sign with shorter moving...
Chart Structure: - In consolidation after Darvas Breakout. - Stock in continuous uptrend. - Price has retraced almost 33% of its up move. Relative Strength: - RS is strong and in uptrend. - No Flip-Flop stock. Volume Activity: - Good Delivery volume in past few days - 20 MFs Increased & 10 MFs decreased their positions in June. Financial Performance: -...
IRCTC | Breaking ATH level, Trendline support + Channel breakout CMP : 2110 (Dip 2040) SL : 1980 Target : Open or 2350 (Based on Fib) 1:4+ risk reward (Fib target) Similar to CUMMINS chart
As per my view there is good risk to reward ratio. SL 2.5 & Target 10 Rs , Lets see how fast we go. This is only for educational purpose only
This is at critical point. touching the support line. Best RR possible from here. It is currently trading at PE of just 8, Once the LIC IPO will come in news this stock might boom till 800..!! This is currently lagging behind just due to weak Banking & Financial Sector. Keep this in your watch list..!! Disclosure: I'm already invested. (Invest as per your risk...
IRB | Very good consolidation almost for a long time - High volatile stock, just put a small amount and don't disturb it. Can see 65% when it works according to our direction. CMP : 102 SL : 90 Target : 170 Almost 1:6 risk reward setup
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
ENTRY : 768 STOP LOSS : 745 (2.8 %) PROFIT : 859 (11.7%) PS : This analysis is just for educational purpose . Enter with strict Money management.
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 🔥 Self-explained chart ⌛ Motivational and psychological area ⌛ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money,...
Breakout with good Volume after consilidation, All Higher Time Frames are Positive,15% Away from 52 Weeks High & 42% Away from 52 Weeks Low. -> Enter With good confirmation. *******Knowledge Purpose only******** --->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with Good...
- Daily time frame 50 EMA strong Support , we planing for Swing trade - Good Risk : Reward ratio 30 : 170
LICHSGFIN | Double bottom with RSI divergence (W pattern) for 8% to 15% (2 Hours time frame) CMP : 466 (Dip : 459) SL : 450 Target : 506, 535 Almost 1:4+ risk reward setup This is a small seperate trade, old weekly chart is still good for long time. Consider this as a seperate new trade
The stock broke out of 4yr S/R zone which also happens to be the neckline of the 3yr H&S patterns. If we look at the daily chart, it tested the breakout zone once, and is coming back for another retest. This time the selling volume is slightly higher, but the good thing is, it's decreasing as it approaches the breakout zone, plus there's 20VWMA 1-2% below the...
Britannia after giving good profits from the first trade shared, is now again giving a good entry point around 3440-3410 levels and shall make high of 3650+/-. Idea is invalid below 3495/-
Dear traders, as you can clearly see that canfinhome is making a symmetrical triangle pattern. But main thing we should notice here is that the support line is more strong as it has tested more no. of times than the resistance line. Also look at volume bars, During red days the volume is generally low as compared to big green volume bars on green days. Buyers are...