SKFINDIASKFIndia After consolidating for 1 yr and bounce from previous year low it has started new and final journey towards the bull run which was started after covid.
SKFINDIA
SKFINDIAENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
SKFINDIA - SWING TRADE - 19th December #stocksSKFINDIA (1D TF)
Swing Trade Analysis given on 19th December, 2023 (Tuesday)
Pattern: FALLING WEDGE
- Volume Spike Buildup Near Trendline - Done ✓
- Breakout Candle - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #skfindia
SKF India Looks Great for MID-Term Swing TradeSKF India Looks Great for MID-Term Swing Trade
Buy Near 4500-4550
Stop loss - 4260 (5%)
Targets - 4800(5%),5000(10%),5200(15%)
Duration 2 Months
SKFINDIASKFINDIA:- The stock has broken its lower high lower low pattern and has also given a breakout of the trendline at 4372.50. If the price sustains then we may see upside movement. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
SKFIndiaSKFIndia has been falling in parallel channel after making top
closing above 4250 is a breakout from channel. look for smooth 200-500 point move
A Very Low risk setup in SKFINDIAHello everyone!
Now is the best time to go long in SKFINDIA. I have been tracking this stock since July'22 and it has given a fabulous one sided rally of 35% since then, it is going through consolidation from last 2 month(pl. go through chart for probable target and SL). Someone might consider it after breakout from trendline but I personally prefer a low risk setup even with slightly less probability as after breakout the probability will increase but the risk to reward will be not as good as now.
Let us understand this through example:
Consider 2 setups, one with low RR and high wining % and another setup with considerably less winning % and high RR.
RR ratio Wining %
1st Setup 1:3 90%
2nd Setup 1:6 60%
Now before doing calculation let us pre-assume a few things;
Total Capital - ₹1000
Maximum risk he/she take per trade - ₹20
After 10 trades:
For 1st Setup;
1 trade will hit SL since setup has 90% accuracy.
so, total loss = ₹20
As the setup have RR of 1:3
So, target for each trade will be = ₹20x3 = ₹60
In 9 trades target will be achieved.
So, total gain = ₹60x9 = ₹540
Similarly for 2nd Setup:
No of losing trade = 4
Total loss = ₹20x4 = ₹80
Target for each trade = ₹20x6 = ₹120
No of winning trades = 6
Total gain = ₹120x6 = ₹720
Total loss Total gain Net Gain ROI
1st Setup ₹20 ₹540 ₹520 52%
2nd Setup ₹80 ₹720 ₹640 64%
Now you may make your decision.
Thanks!
SKF India- rectangle Channel breakout .SKF India- rectangle Channel breakout Daily Time Frame. Entry Zone-4250/4500 Expect a Target-5350/5400 Stop Loss-3945. only Education Purpose.
SKFINDIAAfter breaking out, price has retested trendline, RR looks favoruable to enter at CMP
Stop loss and targets mentioned in chart.
Skf India LimitedBreakout in Skf India Limited. Weekly volume will be very high because volume on the first day of week is very high.
YR 2022 Idea #59: Long on SKFINDIA This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
SKF INDIA - Weekly ATH + Rising Channel BreakoutSKF India closed at an all time weekly high of 2549.05 this Friday. It has also managed to break out of a 4 year old rising channel (clearly marked on the chart). Both events represent strong upside momentum and make SKF India a great medium to long term buy at this price
Target : Fibonacci projection gives us targets of 2770 (1.618) and 3780 (2.618) and beyond
Stop Loss : Longs can be held with a WCB stop loss of 2288 (red dotted line on the chart)
SKF INDIA Cup with handle, Ready to Breakout SKF INDIA Cup with handle, Ready to Breakout, If it Broke on the upper side then we can see 10/20% up-move in short time
SKF India - Prediction based on analysisIt has formed a CUP on daily timeframe without a handle.
Good accumulation at lower levels.
Depth of cup is less than 35% - indicates strength
Expecting it to move sideways for a few day
Might form a handle
and thereafter a possibility of a breakout
Let's see
