Get started

Search in ideas for "STRONG BUY"

PARAS Breaks Out of Inverted Head and Shoulders Pattern -The stock has formed an inverted head and shoulders pattern, a bullish reversal formation, with the neckline recently broken. - The price has decisively broken above the neckline around ₹850 with strong volume, confirming the pattern. - This breakout suggests a potential bullish move ahead. - Immediate support is now around the previous neckline at ₹850. - Next resistance levels to watch are around ₹1000 and ₹1050. - Volume surged significantly on the breakout, indicating strong buying interest. - The RSI has moved above 70, reflecting strong bullish momentum but nearing overbought territory. - With the breakout confirmed, the stock is poised for further upside. - Traders can look to enter on a retest of the ₹850 level, with stops placed below ₹800. - Potential targets for the bullish move are ₹1000 and ₹1050, aligning with the pattern's projected move.
NSE:PARASLong
by Marketik
6
the Toncoin price is currently trading above the key EMAThe Toncoin price has recently been on a strong upward trend, reaching an all-time high. This trend has been supported by strong trading volumes, indicating the strength of the bullish sentiment. However, the price was unable to break the $7 resistance level and dropped slightly, before making another attempt to reach the previous swing high. Thanks to strong buying momentum, the Toncoin price has now reached the previous swing high. If trading volumes decrease and bearish candlestick patterns emerge, the price may see a reversal from the $7 level, with people taking profits. On the other hand, if the digital asset price manages to surpass the previous swing high, it will set a new all-time high. If trading volumes and daily active addresses continue to increase, the bullish trend may continue for the long term. Technical indicators show that the Toncoin price is currently trading above the key moving average, indicating a bullish trend. The RSI has also exceeded the RSI-based moving average, which is a sign of positive momentum.
CRYPTO:TONUSDLong
by Sam_TCR
The candlestickUnderstand the buying and selling pressure: You see, every candlestick that is formed tells you a story about the battle between the bulls and the bears-who dominated the battle, who won at the end, who is weakening etc. All that is reflected in any candlestick you see. The length of the body of the candlestick as well as the shadow (or wick) tells you a story about the buying and selling pressure. Look at the first green candlestick on the left chart, it’s a bullish candlestick right? Yes. But you can see that it has a very short body and very long wick (tail). It tells you the sellers (bears) were dominant. If this candlestick was to form after hitting a resistance level, it will be considered a bearish signal even though it’s a bullish candlestick. Now, you can apply the same sort of logic to all the other candlesticks above and read the story each one is telling you. ⦁ If the upper wick is very long, it simple tells you that there’s a lot of selling pressure. It means price opened and got pushed higher by the buyers but then at the highest price, sellers got in and drove it back down. ⦁ If the lower wick is long, it tells you that there’s a lot of buying pressure. Sellers drove the price down but buyers got in and drove the price back up. ⦁ If the lower wick is short, it tells your there’s very minimal buying pressure. ⦁ If the upper wick is short, it tells you that there’s very minimal selling pressure. What about the length of the body of candlesticks? ⦁ The longer the body of the candle indicates very strong buying or selling pressure. ⦁ A short body of a candlestick indicates little price movement and therefore less buying or selling pressure. ⦁ Sometimes the candles will have no upper or lower shadows but with very long bodies. These are interpreted the same way as standard candlesticks but are an even stronger indication of bullish or negative market sentiment. ⦁ In the case of bullish candle, prices never decline below the open. In the case of bearish candle, price never trade above the open. See below: ⦁ Next WL – 2 …what if you combine more than one candlesticks? What does it show you?
NSE:BANKNIFTY
by SriTrader5121
Nifty Pharma Daily Chart: Elliott Wave AnalysisIntroduction: The Nifty Pharma index has recently caught the attention of traders and analysts as it presents an exciting Elliott Wave trade setup. In this analysis, we will delve into the Fibonacci relationships that have been observed in the labeling of the index, providing insights into the potential trajectory of the pharma sector. Understanding the Fibonacci Relationships: To comprehend the promising setup of the Nifty Pharma index, it's essential to first examine the Fibonacci relationships among its waves. Here's a breakdown of the key points: Wave 2 Retracement: Wave 2 displayed a sharp retracement, reaching approximately 61.8% of the previous wave's length. This deep retracement often indicates strong buying interest at this level. Extended Wave 3: Wave 3, on the other hand, was extended, reaching around 300% of the length of Wave 1. Extended Wave 3s are a positive sign of a strong bullish trend, as they reflect a surge in momentum. Shallow Wave 4: Wave 4 retracement, in contrast, was shallow, limited to the range of 23.6% to 38.2%. Shallow retracements between these Fibonacci levels suggest that bears had limited control, and bulls may soon take over. Anticipating Wave 5: Given the momentum of pharma stocks and the intriguing Fibonacci relationships observed, there's a strong possibility that Wave 5 could materialize. Here's what you should be watching for: Wave 5 Target: If Wave 5 unfolds as anticipated, we may set our sights on the 16,000 level as the potential target. This level could represent the peak of the Nifty Pharma index in this bullish wave. Conclusion: As the Nifty Pharma index continues to display these favorable Elliott Wave patterns and Fibonacci relationships, it's crucial for traders and investors to keep pharmaceutical stocks on their radar. The potential upside momentum in this sector could lead to exciting trading opportunities and, for investors, the chance to capitalize on the expected bullish trend. Please note that financial markets are inherently unpredictable, and it's essential to conduct thorough research and risk assessment before making any investment decisions. Market analysis and predictions are based on historical data and patterns and are not guaranteed to accurately reflect future market movements. Always consider your risk tolerance and consult with a financial advisor before making investment choices.
NSE:CNXPHARMALong
by Dev9939
Gold : Bearish to Bullish View Gold showed the bullish trend in WEEKLY & 4H timeframe and bearish trend in Daily timeframe. Yellow box/lines indicates the Buy zone and sell zone POI for gold. My trading plan for gold this week will be as follows : - My first sell (swing trade) will be at 1987.73 with SL = 1994.5 and TP around 1962. Safe (Intraday trade) entry will be to wait for BOS in 15M once price touches 1987.73 and then enter with 32 pips SL and minimum 100 pips TP. - Second sell will be at 2005 (too risky trade) SL will be around 2011 and TP = 1992/1962 I expect first sell entry mentioned above to be activated by Monday/Tuesday and then price reach towards our buy zone. - I see a strong buying zone around 1964 - 1969.30 so my first buy (swing trade) will be at 1962.04 with SL = 1954.8 and TP around 1986. For intraday trade will wait for BOS in 15M after touching 1969.30 and then enter with 32 pips SL and minimum 100 pips TP. - Another buy will be at 1959 with SL = 1953.50 and TP around 1986. For intraday trade will wait for BOS in 5M after touching 1959 and then enter with 32 pips SL and minimum 100 pips TP. - 3rd buy limit will be placed at 1961.9 with SL = 1954.5 and TP = 1986 That's all for this week... All the best
OANDA:XAUUSD
by DhananjayaShetty
1
BAJAJ AUTO Why I Exit long Position💸🤑👑Royal Trade👑 BAJAJ AUTO We buy Call and my Target is 5100 Dont buy any trade without stop loss Should I buy Bajaj Auto share? Bajaj Auto has TTM P/E ratio 20.35 as compared to the sector P/E of 17.54. There are 43 analysts who have initiated coverage on Bajaj Auto. There are 9 analysts who have given it a strong buy rating & 12 analysts have given it a buy rating. 5 analysts have given the stock a sell rating. #What is the future of Bajaj Auto? Key information Auto earnings growth 14.4% Revenue growth rate 11.5% Future return on equity 27.3% Analyst coverage Good What is the result of Bajaj Auto q1 2024? Bajaj Auto Ltd on Tuesday reported an 42% year-on-year rise in its net profit for the fiscal's first quarter ended June (Q1FY24) to ₹1,664.77 crore. The company had reported a profit of ₹1,173.30 crore in the year-ago period. Sequentially, consolidated net profit was rose 16% from ₹1,432.88 crore in Q4FY23. This is only level we upload new idea in morning 9.30 Buy when Market Break The support or Resistance and wait for the closing and set stop loss at the last opening of the candle. NOTE #We Are Not Promote Anything #This channel Purpose to share market ideas. Thanks for Watching🙏
NSE:BAJAJ_AUTO
by Optionclub
3
AUD/USD clings to strong intraday gains on the back of a weaker Hello everyone! The AUD/USD pair received strong buying pressure on the first day of the new week and maintained strong intraday gains, near multi-day highs in the first half of the European session. currently trading just below the mid-0.6400s, up nearly 1% on the day and receiving support from a sharp decline in the US Dollar (USD). Investors were cheered by better-than-expected Chinese inflation data released over the weekend, showing that consumer price inflation rose back into positive territory during the month and buffering hopes that the economic stability.
by Captain-Trading
Projected NIFTY Levels for September 12, 2023:The Market Commentary for September 11, 2023, and the projected levels for September 12, 2023. Here's a breakdown of the information: September 11, 2023: NIFTY closed at 19996.35. NIFTY's highest point during the day was 20008. NIFTY's lowest point during the day was 19865. The commentary notes that NIFTY continues to perform strongly, not stopping in response to news. It's highlighted that NIFTY opened the day with a gap up from its resistance level of 19875 and reached a new lifetime high of 20008. Projected NIFTY Levels for September 12, 2023: Support levels: 19721 and 19616. The commentary outlines potential support levels for the upcoming day, suggesting areas where the price might find support if it were to decline. It also mentions that bulls appear to be in full swing, indicating strong buying interest in the market. A strong bullish sentiment can indeed lead to upward momentum, and in such cases, resistance levels may not provide significant obstacles. However, it's essential for traders and investors to remain cautious and consider risk management strategies as market conditions can change rapidly. Always stay informed about current events, monitor market trends, and be prepared for various scenarios while participating in the financial markets.
NSE:NIFTYLong
by Bulls_Flavour
India Bulls Real estate | Strong stockHello friends, One more stock with good momentum , strong buy column and recently break out up side by breaking old pattern. Market cap : 3500+ CR Result : better then previous quarter So it looks good to make cash position for short term may be one or two month and it will give good return. So check out more detail and make position This is not my recommendation for this stock but i find this strong stock as of now and should post. do your own analysis, check with your perimeter and trade on it. If you like my idea on stock please... Like | Comment | Share thank you
ILong
by apstockanalysis
ETH/USDT: Analyzing Price Trends and Key Levels Introduction: In this technical analysis, we will delve into the ETH/USDT trading pair and explore crucial levels and patterns that can assist traders in making informed decisions. We will focus on the selling area at 1920 and 1940, anticipate a potential correction towards 1800, and analyze the significance of an inside bar formation within the selling area. 1. Selling Area at 1920 and 1940: ETH/USDT has encountered strong resistance at the price levels of 1920 and 1940. These levels have proven to be significant barriers in the recent price action, suggesting a higher probability of a downward price movement. We observe the formation of an inside bar within the selling area of 1920 and 1940. This formation reinforces the notion of a potential price reversal, as it indicates a period of consolidation and indecision among market participants 2. Expected Price Correction towards 1800: Considering the strong resistance mentioned above, we anticipate a price correction in the ETH/USDT pair. In this case, we expect the price to retreat towards the support level around 1800. This level has historically demonstrated a strong buying interest, making it a potential target for long positions or profit-taking for short trades. Conclusion: By analyzing the ETH/USDT trading pair, we have identified a significant selling area at 1920 and 1940, suggesting potential short opportunities. Furthermore, we anticipate a price correction towards the support level of 1800.
Short
by Un_trade
PostMortem on BankNifty Today & Analysis of 20 Mar 2023I really cant say that the volatility is that high, if we follow the slope of the moving average - India VIX is still staying low. Not quite a representation of the things happening in global markets. Today i saw VIX trading near 17% higher than last close - but that did not really translate into lot of fear on NSE:NIFTY & NSE:BANKNIFTY . People who look at the headline index performance today would have seen NSE:BANKNIFTY close 0.65% lower, but i saw lot of strength in today's trade. No i am not bullish - but there are good numbers of bulls who are not yielding. Global markets handout was very weak on friday & the news of Credit Suisse, UBS were not comforting either - so the gap down open at 39512 was something on expected lines. From there we started dipping till 10.30 - but the options volumes were not really reflecting the fear ! The total drop was 1.63% ~ 647pts till 10.30, as i said earlier the options premium & volume data was not giving a further meltdown signal. At 10.19 i posted this "$BANKNIFTY bulls are holding on, they have no fear ! i would not go long personally" this was because i felt there could be a bounce back & unlike other traders i did not see it as a bullish move. We did get a bounce of 379pts, traders who went bullish would have booked profits before 10.55 or would have waited for more & walked right into the trap. Because from 11.00 to 13.50 we had the 2nd leg of fall of 428pts. This time the low went below the 1st swing showing bearish signal.  At 12.12 i posted that "$BANKNIFTY would prefer to go short below 38690" Thats because even though the chart showed bearishness the options data was not reflecting fear. In the opening paragraph i did mention about the VIX, in bank nifty's case the implied volatility was not exploding. Lack of which gave a contra signal not to go short too. What happened next - i had absolutely no clue. NSE:BANKNIFTY from the LOD rallied 469pts ~ 1.2% to close the day strongly (even though ended in red). This is specifically why i said the bulls have no fear ! Guess what happened to my trading today - 0. I couldnt find a single strong buy/sell signal.  --- 15mts TF is kind of showing a range emerging between 38690 & 39742. The resistance of 39742 is a strong zone - i know. But not quite sure how long the 38690 level will hold up. Just like the earlier analysis reports - for further bearish entries we need close below 38690. --- 1hr TF shows 2 retest rejections from the 39742 level. Its not a perfect M pattern ie double top. It would have been unless for the last 1 hr rally today. See below chart ! The last 1 hr has negated the 2nd leg of the M pattern. Was that a fake move or original - we will get to know tomorrow. to view all 9 charts of today's report visit viswaram. com
NSE:BANKNIFTY
by viswaram
Nifty 50 trend and Levels on 24-12-2021Hi, This post may help full to Nifty Option traders , Good luck. From point of analyses Nifty-50 is Neutral in weekly , sell in Daily and strong buy in 15mint charts. World market – Strong trend Asian market – Strong trend SGX – Gap up open around +72 points and currently trading is flat . Nifty50 Future – Flat open and currently trading is falling down wards. The market may flat or gap up open then it will move according to sustains of support or resistance levels as bellow. The major support zone 17016 crossed bellow and sustained then fall to16894,16743,16500. The major resistance zone 17137 crossed above and sustained then move further up ward to 17311, 17531,17639.
NSE:NIFTY
by Saravanan55527
Bank Nifty - Indications of reversal with 200EMA supportBank Nifty has taken support of 200EMA and made a strong pullback on the back of some strong buying by DIIs- 4600cr today. (FIIs sold for 3300cr) Tomorrow (30nov) will have a narrow CPR- a trending day is expected with a small gap down opening. If CPR is breached in strong upmove, we could see levels of 36400. Next resistance is at 37753. On the downside, support is there at 34260. With a 15.6% correction behind it, will Bank Nifty make an upmove tomorrow? Let us wait and see.
NSE:BANKNIFTYLong
by PromodSshrivastava
Weekly BTC-USD(22nd November)After making a new ATH of $69,000 in the previous week, BTC witnessed a massive profit booking last week which caused BTC to close ~15% lower from its ATH level. It formed a big bearish candlestick on the weekly TF with a more than a 10% decline to close the week at $58,671. At the time of writing, BTC is trading slightly above $57,200. As per the Elliott Wave formation, it seems BTC will be completing its 4th corrective wave in the coming days and further selling pressure can be witnessed. Currently, BTC is trading in a very crucial range of $56,000 to $59,000. On the lower side, the nearest support level is present at $55,500. However, if this level is broken, further downside swing is most likely to continue till the level of $53,000. On the higher side, a strong sell wall is present above $65,000 as none of the weekly candlesticks has been able to close above this level. However, BTC has decisively broken the support of $60,000 now and this will act as the immediate crucial resistance for the way up, if bulls manage to close above this level, then further upswing rally is most likely to continue till the previous ATH levels. As per the major TF’s, the overall trend is still strong and currently, BTC is just completing its Elliot Wave structure and also strong buying can be expected from the Fibonacci retracement level of 0.618 which is present in the range of $51,500 to $52,000, therefore, these corrections are a part of the cycle and provide traders with a new opportunity to go long.
COINBASE:BTCUSD
by TradeDog-Research
APEX FROZEN FOOD: STRONG BUY" TECHNICAL ANALYSIS OF NSE: NSE:APEX The LAST CLOSE PRICE of NSE: APEX is 292.25 . The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.382 at the FIBONACCI STOCK PRICE LEVEL of 315.8 . From here, the Key Support and Resistance levels are SUPPORT 1 at 311.6, SUPPORT 2 at 282.55 with RESISTANCE 1 and RESISTANCE 2 at 335.15 and 358.7 respectively. The Key 50% FIBONACCI LEVEL stands at 335.15 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not. The STOC RSI has the values K and D as 44.49 and 2 9.29 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE . When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 1.05 and SIGNAL at -0.92 along with HISTOGRAM showing values of 1.9 , the STATUS is clearly UPWARDS . The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.74 and -1.31 with TREND CHANGED TO SELL as TREND CHANGED TO BUY . A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.0563 the STATUS is OVER BOUGHT . No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 25.39 which signifies its Price Level to be OK . >>> RECOMMENDATION is : BUY (Above 312 price level) ." THIS IS ALL FOR EDUCATIONAL PURPOSES. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADING POSITION.
NSE:APEXLong
by finogent
LTFH - Price Volume AnalysisNSE:L_TFH Price volume analysis 1) Strong upmove on high volumes 2) low volumes during pullback 3) strong selling was evident in this region, with wide range candles and higher volumes 4) again wide range bearish candles, but volumes were slightly lower 5) further reduction in selling pressure evident by reduced volumes on downside 6) range and volume of red candles have become very low compared to previous down move 7) first signs of strong buying, high volumes, wide range bullish candles 8) low volume consolidation, and high volume breakout once again
NSE:LTFLong
by aarki_gg
Pcjeweller good for short term positional1. Seeing gold reversal from low this script looks good short to positional calls. 2. stop price for long position 20.68 needs to be consider 3. short term Target 34/35 Other Technicals:- rsi (14) 62.809 buy macd (12,26) 0.600 buy adx (14) 23.660 neutral williams %r -34.694 buy atr(14) 1.6321 less volatility highs/lows(14) 0.4143 buy roc 5.932 buy bull/bear power(13) 3.3420 buy summary: strong buy acquire on dips note: this idea is truly based on my findings, might differ with others. any positions, trading will be at your own cost, time and risk.
NSE:PCJEWELLER
by hardeepssethi
PCJEWELLER GOOD FOR SHORT TERM POSITIONALSEEING GOLD REVERSAL FROM LOW THIS SCRIPT LOOKS GOOD SHORT TO POSITIONAL CALLS. Stop Price For Long Position 20.68 Investment date of 2021 Mar 13 TARGET 34/35 OTHER TECHNICALS RSI(14) 62.809 Buy MACD(12,26) 0.600 Buy ADX(14) 23.660 Neutral Williams %R -34.694 Buy ATR(14) 1.6321 Less Volatility Highs/Lows(14) 0.4143 Buy ROC 5.932 Buy Bull/Bear Power(13) 3.3420 Buy Summary: STRONG BUY ACQUIRE ON DIPS NOTE: THIS IDEA IS TRULY BASED ON MY FINDINGS, MIGHT DIFFER WITH OTHERS. ANY POSITIONS, TRADING WILL BE AT YOUR OWN COST, TIME AND RISK.
NSE:PCJEWELLER
by hardeepssethi