Kotak Bank LongKotak Bank is looking good for a long. You can buy the stock after the breakout of the trendline and hold it for the target.
Stockmarketanalysis
Intraday Divislabs divislabs is in continous downtrend and it also fill the previous gap. If it manages to go bellow 2790 it can show good downmove.
Entry - 2790
Sl - 2825
Target - 2720
Double top pattern reversal in ICICIBANK.ICICIBANK
Key highlights: 💡
✅On 1Hr Time Frame Stock Showing Reversal of Double top Pattern .
✅ It can give movement upto the Reversal target of below 825-.
✅There have chances of breakdown of Support level too.
✅ After breakdown of Support level this stock can gives strong downside rally upto below 780-.
WIPRO MADE BULLISH HAMMERWipro made Bullish Hammer in Daily TF
Breakout with volumes in 15min and hourly TF
Above 397 trade will be confirmed further
Min Target 1:2
Rising wedge pattern BALKRISINDBALKRISIND
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakdown of Rising wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breadown target of 1800-.
✅Can Go short in this stock by placing a stop loss above 2260+.
✅After breakdown this can give risk:reward upto 1:10+.
Dr Reddys Lab Possible Breakdown Dr Reddys Posted Results. Here it's chart. I think there will be a H&S Pattern Breakdown possible. If Breakout Above Blue line trend will change.
Fiem Industries Retest CompleteFiem Industries has done its retest and now one can buy it for targets of 2000 while keeping a stop loss at 1650. Auto Ancillary and related stocks are looking solid.
nifty 50 Weekly overview from 16 Jan to 21-01.2023 full bullish Weekly Analysis 16-21 Jan 2023
Trend will be Bullish (80% Chance)
Reasons & Knowledge applied
1. uptrend Confirmation
with Volume Support
2. Type 2 Strategy of Uptrend
3. Price is Above on Fib 50% Level
Major Week Support 17900 & 17760
Major Week Resistance 18140 & 18390
above 17880 full bullish
before entry just check Volume
should be high from prev candle 15min
Below 17760 full Bearish just check
volume confirmation like above
Educational Only Support
For Intraday use 5,15 Min Time Frame
for BTST Swing 30& 1Hr Time Frame
Note For Intraday use VWap indicator above vwap buy only after retracement eg assume vwap line in on 17880 and nifty is trading something around 17920 so this mean price is all ready above vwap line mean trend is up but we can't enter directly at 17920 because you guys already knows that price travel in swings zig zag patter so we will wait the price to down near about vwap line. then we find reversal pattern near at vwap line (reversal pattern bullish pattern with volume confirmation eg bullish engulfing pattern etc) then we should trade for uptrend . its opposite is true for downtrend.
Before Entry check basic of uptrend like higher high and higher low, for down trend low and lower highs. as you know in lower time frame trend may be change instantly,
i will publish more ideas in future if you guys support me.
Advice : if you are beginner with just around 1 year experience in market then do practice of uptrend and downtrend basics on live market without put your hard earned money. have a good day
SYNGENEKey highlights: 💡⚡
✅On 1W Time Frame Stock Showing Breakout of Triangle pattern .
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 795.
✅Can Go long in this stock by placing a stop loss above 600.
✅ breakout this can give risk:reward upto 30%+
Ascending triangle pattern breakout in NAUKRINAUKRI
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of Ascending triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3810+.
✅Can Go short in this stock by placing a stop loss above 3680-.
Inverted head and shoulder pattern in NAVINFLUORNAVINFLUOR
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of Inverted Head and shoulder Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4115+.
✅Can Go short in this stock by placing a stop loss above 3950-.
✅ breakdown this can give risk:reward upto 1:5+
ICICI Bank-Double bottom formingAs promised,I have come with the Indian stock market analysis.In this chart,ICICI bank is forming a double bottom pattern in 15m time frame.The first half of the pattern is already formed,now we can catch the other half of the pattern.Also,there is a divergence on RSI,the volume indicator showed the strength to upper side.If the stock opens tomorrow with high volume green candles,a long intraday trade will be initiated for 1:8 r:r to the R1 level as shown on the chart.Levels and entry-exit points are marked on the chart,keep an eye on this.Happy trading.
consolidation in small rangestock is consolidating from 7 days . it will give a massive breakout so you can enter on breakout or taking rejection from upside so both side potential . intraday , 15min , follow your risk management
BANK NIFTY TRADE PLAN FOR 05-01-2023Bank Nifty is at Crucial Support of 43000 Zone. In my view, Bank Nifty is more Bullish than Nifty in the Long term.
1. Bank Nifty Closed below 43000, But is still in the Support Zone. We can plan Buying based on Price action today and we can achieve a Good RR Ratio of more than 1:2 and 1:3.
2. If Bank Nifty sustains below 43000 and breaks the support trendline, I will plan to sell on Proper Retest. 42500 Zone will be Big Support in my view because Bank nifty is forming inside candle patterns in Daily TF and the Low of Mother Candle is 42500.
ps: Budget Session is ahead - Trade with Proper Risk Management.
NIFTY 50 TRADE PLAN FOR 05-01-2023NIFTY is at Crucial Support of the 18000 zone and today is the weekly expiry. Therefore we can expect volatility in the market and there can be Fake Breakouts.
1. Nifty closed at 0.5 FIB Zone and if it sustains there and crosses 0.382 FIB along with the resistance trendline, Will take a bullish entry on a proper retest.
2. If Nifty breaks the 18000 zone and Important hourly support trend line. My view will be bearish for the short term. The next support will be 17800. There are many GAPS pending below 17800 and I think market will fill those gaps, once 17800 is broken
ps: Budget Session is ahead - Trade with Proper Risk Management.
Triangle pattern breakout in NAVINFLUORNAVINFLUOR
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing breakout of triangle Pattern.
✅ Strong bullish Candlestick Form on this timeframe.
✅Re-entry has been given to resistance.
✅It can give movement up to the Breakout target of 4360+.
✅Can Go Long in this stock by placing a stop loss below 4045.
✅ breakout this can give risk: reward up to 1:6+
Symmetrical triangle pattern reversal in JKCEMENTJKCEMENT
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Reversal of Symmetrical triangle Pattern .
✅ It can give movement upto the Reversal target of above 2991+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 3230+ .
CAN BAJAJ HEALTHCARE BE A GOOD NEW YEAR PICK ?TECHNICALLY:
Stock is currently forming base and constructing sort of ascending triangle pattern if it closes above the 451 we can see it firing.
ABOUT COMPANY:
Bajaj Healthcare Ltd is an established player in the Indian Pharmaceutical Industry and fastest growing mid-cap pharmaceutical companies in India.
Various Active Pharmaceutical Ingredients (APIs), Amino acids, and nutritional supplements are produced and supplied by this bulk drug company to the pharmaceutical, nutraceutical, and food sectors.
The company manufactures and distributes APIs, Intermediates, Formulations, and Impurities.
API accounts for over 90% of total revenue, with 6 API production sites distributed across many states. It has a significant presence in over 50 countries through API exports, with a total manufacturing capacity of 730 MT per month.
Customers of BHL include well-known pharmaceutical companies such as Sun Pharma, Pfizer, HUL, Abbott, and GlaxoSmithKline plc, as well as Bajaj Medical LLC, Nestle Group, Evonik Industries AG, Intas Pharmaceutical Ltd., and Lupin Ltd.
The company operates API production factories in Tarapur, Maharashtra, Vadodara, Gujarat, and Ankleshwar, Gujarat. It has one Finished Formulations manufacturing unit in Gujarat. It has two intermediates manufacturing factories in Maharashtra.
The company's management has successfully achieved steady growth in revenues as well as profit.
Narmada AgrobaseThis chart analyze the fluctuation zone of the stock in which it may render most of the time in the current time but As the PE ratio of the company is 59rs which is too high and the company is currently so much overvalued that more chances are that the prices may drop and the there would be a significant difference. for short term I analyzed the chart and it has a bearish trend which has currently a fluctuation zone (marked with yellow lines). Intraday trade can be predicted from this chart if my analysis is not wrong.
Breakout on either side can be used as anchoring point.
But the MACD chart has the EMA's which are both with the falling wedge which concludes there are more possibilities of the stock price going down.
The trade:
BULLISH
BUY after breakout of 26
Target-1: 27.30
BEARISH
Sell after breakout of 23
Target-1: 23
Target-2: 21
Please Correct me if I'm wrong somewhere. and also check out my other analyses on the profile
Kotak Bank Swing Targets/Short Term ViewThe FASP for Kotak Bank Short term view is listed for 30-12-2022 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: Up to 6 Months
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Bandhan Bank AnalysisThe FASP for Bandhan is listed for 29-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: Up to 6 Months
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Rising wedge pattern breakdown in MCDOWELL_NMCDOWELL_N
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakdown of Rising wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 715-.
✅Can Go short in this stock by placing a stop loss above 895+.
✅ breakout this can give risk:reward upto 1:6+
