National Aluminium is already in a strong uptrend.
Reason behind the swing:
1. Taking a support over the drawn trendline.
2. Morning star is made on the trendline support.
3. 55 EMA support.
4. Earnings announced are also good.
Entry will be when it gives a closing >=104 , as it may took a resistance from the zone of 102-104.
Entry : when closed above...
Arvind Ltd is in consolidation for some period. Today the stock has formed a strong candle in the consolidation zone and it looks like the stock can give a good upmove. Low Risk High Reward entry.
NSE:ADANIENT has given a breakout of symmetrical triangle pattern and currently retraced to its breakout level. The stock has also taken confluence of support from previous resistance level and Fibonacci 50% retracement level. The stock looks good at CMP with minimal stop loss and maximum reward. This is a little risky bet but looks good to me. If you notice the...
BPCL share has given breakout on today once it closed above 496.
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So, Now the tomorrow we can see the good upward momentum on tomorrow.
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We can make a entry at 499 with the stop 3 or 4 and Our target would be 510.
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Risk Reward Ratio is around 1:2.
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What do you think comment below in the box.
BUY GUIDANCE:
Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close...
LNA stands for Late night analysis
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👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high...
👑 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...
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Self-explained chart: Multiple patterns educational video
⌛ 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...
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Self-explained chart: All well explained in video with SL, TARGET and How you can wait for a better trade-in it
⌛ 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...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥
🔥 Strategy :
✣ Channel pattern breakout on 1M chart
✣ Good monthly consolidation and weekly too
✣ On a weekly basis good retracement of 30% multiple times tested near that level
✣ Good triangle pattern on 1hr and 1d both ( Trade on TF whichever suits your setup...
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🔥 Common sense used: Do watch the video to get to understand all of the information
📌 Structure is bullish
📌 A good pattern is created above the triangle pattern
📌 On 30mins it is showing an amazing pattern = wait for BO and enter sharply with risk defined on...
Entry: 990
Stop-loss can be as small as 4%. Re-enter in case of shake-out.
Target should at least be quick 20-25%, although it has the potential to give much more over a longer duration.
Reasons for Buying: No Supply in the market.
Background:
1. Extremely Good Annual EPS Growth
2. Good Institutional Support
Entry: 1100
Stop Loss: 8% from the purchase price. Re-enter in case of shake-out.
Target: At least 20 - 25%. Trail in case of momentum loss.
Background:
1. 60% Annual EPS Growth
2. Good Institutional Support
MOTHERSUMI
Shared on 4th April @ 210...CMP 244.
> Already broken resistance
> Resistance become Support
> Retest support line
> Buyer is strong compare to seller.
> Risk Reward is favorable.
> RR : 1:5
> Levels are on Charts
Dtd : 26th May TheCharts
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Disclaimer
I am not sebi registered analyst
My studies are...
Once a one hour candle convincingly breaks the green line(a close above green would be great) Take long entry.
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