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POLYCAB: Swing: 1D 15-Oct'24POLYCAB: Swing: 1D 15-Oct'24 Stock has been in an uptrend since long Starting 25-Jun'24 the uptrend has paused and the stock has been trading in a range until about 19-Sep'24. ADX is ~ 14 on 19-Sep'24 confirming range bound trade Starting 23-Sep'24 the stock has again resumed its uptrend. It broke above its range levels on 27-Sep'24 It broke above its life time high on 09-Oct'24 and has been consolidating just above that since. The stock is taking support at 9 day SMA and is trading just above it. Entry / Target / Exit Entering long @ 14-Oct'24 close 7483.4 Exit criteria = Hits StopLoss || Reaches Target || Price goes below 9 EMA Target = Drawdown + All time high ~ 8230 Stop Loss = 1 ATR (190.44) below the resistance (7331.45) = 7331.45 - 190.44 ~ 7139 Risk:Reward = 2.17:1
NSE:POLYCABLong
by ramanarvind
Mighty Nifty - Oct 10Price was volatile in the morning session and trending in the afternoon session. And now price is at support. Pattern : Support/Resistance. Range : Good. Trend strength : Normal. Buy Above : 25040. Stop Loss : 25000. Targets : 25080, 25120, 25160 and 25220. Sell below : 24960. Stop Loss : 25000. Targets : 24960, 24920, 24880 and 24850. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:NIFTY
by vanathi
Bank Nifty - Oct 9We had a choppy narrow range move today. 51000 is the trend direction deciding zone. Sustaining above it is important to remain bullish. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 51100. Stop Loss : 51000. Targets : 51180, 51300, 51380, 51460 and 51560. Sell below : 51880. Stop Loss : 51980. Targets : 51800, 51720, 51640, 51520 and 51460. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:BANKNIFTYLong
by vanathi
2
Bankex - Oct 7Price is falling for the past few days. And now price is at support, RSI has formed divergence. Price can take support from here or move towards 58000. Pattern : Support/resistance. Range : Medium. Trend strength : Normal. Buy Above : 58560. Stop Loss : 58460. Targets : 58660, 58740, 58820, 58920 and 59000. Sell below : 58380. Stop Loss : 58460. Targets : 58300 ,58220, 58140, 58040 and 57960. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
BSE:BANK
by vanathi
Midcap Nifty - Oct 7We had a volatile movement on friday and now price is trying to move up from 12800 zone. Sustaining the current levels can give a move up to 100 to 200 points upside. Buy above 12840 with the stop loss of 12800 for the targets 12880, 12940, 12980 and 13040. Sell below 12760 with the stop loss of 12800 for the targets 12720, 12680 and 12620. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:MIDCPNIFTY1!
by vanathi
MFSL: Multi-Year Breakout: Monthly Timeframe: Oct 24MFSL: Multi-Year Breakout: Monthly Timeframe: Oct 24 Stock broke the high it made in Jul'21 in Sep'24. A multi-year breakout on a monthly time frame RSI is just above 60 - Indicating good buy demand Breakout in Sep happened with above average trade volume (9 SMA) Entry and y'day 01-Oct close @ 1185.75 Target = Breakout level + Drawdown during consolidation phase = 1148 + 545 ~ 1690 Stop Loss = 1 ATR below previous month's low = 957.3
NSE:MFSLLong
by ramanarvind
LUPIN: Multi-Year Breakout: Monthly Timeframe: Sep 24LUPIN: Multi-Year Breakout: Monthly Timeframe: Sep 24 Stock broke the high it made in Apr'15 & Oct'15 in Aug'24. A multi-year breakout on a monthly time frame RSI (77) is just above 60 - Indicating good buy demand Breakout in Sep happened with above average trade volume (9 SMA) Entry on 03-Sep Target = Breakout level + Drawdown during consolidation phase = 2125 + 1632 ~ 3750 ATR = 161.5 SuperTrend = 1544.35 Stop Loss = 1 ATR below previous month's low = 1900 - 161.5 = 1738.5
NSE:LUPINLong
by ramanarvind
Sensex - Oct 4Price was falling for the past few days and now it is consolidating. Price can move up or continue to fall. Buy above 82640 with the stop loss of 82560 for the targets 82720, 82800, 82880, 82960 and 83060. Sell below 82480 with the stop loss of 82560 for the targets 82400, 82320, 82200, 82100 and 82020. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
BSE:SENSEX
by vanathi
3
Axis bankPrice moved in a narrow range 1220 to 1240 today. 1220 is an important level to decide the trend direction. Buy above 1225 with the stop loss of 1218 for the targets 1232, 1240, 1248 and 1256. If price is unable to sustain above 1220 zone and faced resistance, then sell below 1212 with the stop loss of 1219 for the targets 1205, 1198, 1190 and 1182. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:AXISBANKLong
by vanathi
2