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Sensex

BASF ready for the uptrend!🤩💸🔥Buy BASF for Positional Trading as well as Investment💸🔥💸 Comment your views!!!🧐🤔🧐 . ✔️Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪 The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too. . 💡The stock is in a long term uptrend. From Aug 2021 it was in a retracement phase with very low volume. Now, with volume breakout of last Lower High & volume continuation retracement seems to have been completed and stock is poised to show a strong rally from current levels. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Buy QUALITY stock. 2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 4. Build position GRADUALLY as the stock RISES. ⁠5. Trade in the DIRECTION of the BIGGER trend. 6. RIDE the TREND. Don't sell your WINNERS early. . LIKE, COMMENT & SHARE 😄😄😄
NSE:BASFLong
by technofunda_trader
CAMS ready for the uptrend!🤩💸🔥Buy CAMS for Positional Trading as well as Investment💸🔥💸 Comment your views!!!🧐🤔🧐 . ✅Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪 The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too. . 💡The stock had been listed 14 months ago and from that time it is in an uptrend. Recently, it was in the retracement phase from Sept 2021. With the formation of rounding bottom near major support and 200ema and closing above 2900(important level), it indicates that stock has been bottomed out and now is ready for a strong rally. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Buy QUALITY stock. 2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 4. Build position GRADUALLY as the stock RISES. ⁠5. Trade in the DIRECTION of the BIGGER trend. 6. RIDE the TREND. Don't sell your WINNERS early. . LIKE, COMMENT & SHARE 😄😄😄
NSE:CAMSLong
by technofunda_trader
4
Tata Steel ready for the uptrend!🤩💸🔥Buy Tata Steel for Positional Trading as well as Investment💸🔥💸 Comment your views!!!🧐🤔🧐 . 💡Key triggers for future price-performance: India’s share in Tata Steel’s overall consolidated production capacity has risen from 29% in 2010 to 57% in 2020 and is likely to reach 73% by 2030. For FY22E, Tata Steel is targeting over US$2 billion gross debt reduction wherein it will prioritise offshore debt repayment. . Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪 The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too. . The stock had given a 13-years long Volume Breakout in April 2021 and then after it has been in a retracement phase from August 2021 with decreasing volumes. Now with the formation of a Double Bottom in a Weekly timeframe stock is poised for a strong rally will begin from current levels. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Buy QUALITY stock. 2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 4. Build position GRADUALLY as the stock RISES. ⁠5. Trade in the DIRECTION of the BIGGER trend. 6. RIDE the TREND. Don't sell your WINNERS early. . LIKE, COMMENT & SHARE 😄😄😄
NSE:TATASTEELLong
by technofunda_trader
3
Heritage Foods ready for the uptrend!🤩💸🔥Buy Heritage Foods for Positional Trading as well as Investment💸🔥💸 Comment your views!!!🧐🤔🧐 .Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪 The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too. . The stock has formed a Rounding Bottom on a Monthly timeframe and given a Volume Breakout in June 2021. On a Daily timeframe as we can see stock has come out of the consolidation with huge volume indicating that a strong rally will begin from current levels. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Buy QUALITY stock. 2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 4. Build position GRADUALLY as the stock RISES. ⁠5. Trade in the DIRECTION of the BIGGER trend. 6. RIDE the TREND. Don't sell your WINNERS early. . LIKE, COMMENT & SHARE 😄😄😄
NSE:HERITGFOODLong
by technofunda_trader
Chambal Fertiliser ready for the uptrend!🤩💸🔥Buy Chambal Fertilisers & Chemicals for Positional Trading as well as Investment💸🔥💸 . Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪 The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too. . The stock had been on a long term uptrend. However, on a daily timeframe, it was in consolidation. It had formed a Cup & Handle pattern and recently given its breakout. A strong uptrend is likely to be resumed from the current level. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Buy QUALITY stock. 2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 4. Build position GRADUALLY as the stock RISES. ⁠5. Trade in the DIRECTION of the BIGGER trend. 6. RIDE the TREND. Don't sell your WINNERS early. . LIKE, COMMENT & SHARE 😄😄😄
NSE:CHAMBLFERTLong
by technofunda_trader
ICICI Prudential Life Insurance ready for the uptrend!🤩💸🔥Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪 The company recently posted the best QOQ & YOY result and will very likely post a similarly strong result in Q3 too. . The stock had given a multi-year breakout in May last year after that from September it was in a retracement phase. With the recent breakout of the last Lower High in the daily timeframe, we can see a strong uptrend from the present level. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Buy QUALITY stock. 2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 4. Build position GRADUALLY as the stock RISES. ⁠5. Trade in the DIRECTION of the BIGGER trend. 6. RIDE the TREND. Don't sell your WINNERS early. . LIKE, COMMENT & SHARE 😄😄😄
NSE:ICICIPRULILong
by technofunda_trader
Dabur ready for a uptrend!🤩💸🔥Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪 The company recently posted the best Quarterly result and will very likely post a similar result in Q3 too. . The stock has a history of taking support precisely from the 200 EMA. This time too, it is trading near 200 EMA which is also a major support zone. Now, with the breakout of the retracement trendline and the W Reversal pattern, the retracement seems to come to an end & we can expect a strong rally from this level. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Buy QUALITY stock. 2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 4. Build position GRADUALLY as the stock RISES. ⁠5. Trade in the DIRECTION of the BIGGER trend. 6. RIDE the TREND. Don't sell your WINNERS early. . LIKE, COMMENT & SHARE 😄😄😄
NSE:DABURLong
by technofunda_trader
JK Lakshmi Cement ready for the uptrend!🤩💸🔥💡OUTLOOK: The cement demand in the country will remain buoyant backed by higher infra and housing spending by the government and robust rural and real estate demand. The company is well-positioned to grow its revenue and profitability on account of attributes such as strong position in its key markets of North and West, increasing share of value-added premium products, and strengthening the balance sheet. . Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪 . The stock gave a multi-year breakout and then was in the retracement phase. Now, the breakout of retracement trendline the retracement seems to come to an end & we can expect a strong rally from this level. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Buy QUALITY of stock. 2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 4. Build position GRADUALLY as the stock RISES. ⁠5. Trade in the DIRECTION of the BIGGER trend. 6. RIDE the TREND. Don't sell your WINNERS early. . LIKE, COMMENT & SHARE 😄😄😄
NSE:JKLAKSHMILong
by technofunda_trader
Sensex & Hangseng: How far we have come - The chart period is from Mar 23, 2020 till current date - if we analyze the performance since the announcement of Lockdown, our markets have performed far better than our Asian counterpart. - the difference is even more if we compare from the peak of 2008 highs. I remember back in 2005-2008 I use to compare Sensex and Hangseng movement ( Sensex peak in 2008 around 21k and that of Hangseng around 30K ) - it use to trade approximately 50% higher than Sensex - Now after a span of 14 years, Hangseng is at 23000 and Sensex is trading near 60000... What a stark contrast... Sensex is roughly 200% above Note: - This is not a trading recommendation but just posting out of my own curiosity... - the current dynamics of our economy and that of Hangseng are completely different - All economies start from scratch to developing to being developed. Cherish when the moments are good, - once the economy moves in to developed state, be open to the idea that there could a time when we might not make a new high for 5 to 7 years.... ( focus on study and strengthen your research cause you will need that when the going gets tough ) Just to understand where I come from, take a look at the following charts Germany index ( European economy) Japan Index ( Asian economy) Taiwan Index These are charts of different countries/ different dynamics; but on a larger time frame what we are seeing is when time comes, history does tend to repeat itself. Best wishes & safe trading...!!! Let me know your views in the comment section below...!!! Will be happy to hear from you all...🙂 Feel free to share the analysis, if you feel, it would be of help 🙏🙏
BSE:SENSEX
by indiamarketoutlook
2
Inflation, Omicron concerns pull down Indian Indices! What Next?Nifty has reset in its falling mode,currently it is in down trend. QUALITY STRATEGY FOR TRADERS Technical Overview Nifty is creating bearish engulfing candle Short nifty at CMP 17050 TGT 16800-16650-16400 Stop Loss 17300 SHOULD YOU INVEST? Enter gradually near 16500, raise exposure once it crosses resistance of 17700. Nifty may give some immidiate correction but during Jan end Budget rally is expected. Fundamental Overview Rising Inflation Rupee Depriciation Omicron concerns ======= We are still trading in the range between 17300 and 16400. Any lower or upper breakdown will decide its direction again. ======= Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis. Follow the rules, be patient and stock market will definitely reward you... ======= Take care, trade safe !!! Regards Team Moneymarine
NSE:NIFTYShort
by moneymarine