Amar Raja Batteries : Positional CallAmar raja Batteries : Positional Call
Keeping EV segment in mind, Right time to enter the stock after double bottom, stock will slowly start moving towards its recent highs.
Keep watching
Stockmarketanalysis
DLF at perfect Demand zoneWith Budget just around the Corner and India being the Developing Country focus will be on Infra & Realty Sector. Lots of Scope for Development still there especially after 3 waves of Covid.
DLF Looks at Good support or Demand Zone, Any positives for realty sector this stock can Rocket
Keep Watching
And Now a Positive Divergence in hourly NiftyNifty Hourly charts and the Rohits Momentum now share a positive bullish divergence and one more buy signal afterward. Minor wave ii? Everytime you do not get a V shaped recovery but price action is a process that you have to follow with all the arsenals you have in Technical Analysis.
Britannia at crucial support zoneEveryone stating to buy Britannia without knowing that Britannia actually lost its steam on the weekly. And the falling market is only adding to this stocks overall fall. Britannia is likely to fall further or move sideways until it gains momentum. But this is a prediction none of us can give. However, if it does gain momentum it will likely touch 4000+ points. It is also likely to rebound from the drawn resistance zone.
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This is not a recommendation though. Trade as per your knowledge and your risk appetite.
And do not base your trade on what I give. Please do your own research before investing!
Psst: You are better off playing cricket in a falling market!
Happy Trading!
SunTV Network [Weekly]Unless I see this bouncing back with a strong bullish candle I would stay away from this stock. The month looks exceptionally weak and the falling StocRSI and MACD signals aren't convincing enough to even invest in this stock at support.
Wait and see how the stock reacts once it reaches the demand zone. If it breaks the demand zone, it will be time to pack this stock away for a good 2+ months.
Happy Trading!
Triangle breakout in GNFCIf we look at the daily timeframe for GNFC , we can clearly see there is a triangle breakout with good volumes. The breakout has come almost after 4 months of consolidation inside the triangle. After the breakout, there has been a small consolidation which is really healthy for the stock. At any given day, the stock can gain momentum and rise now. It is also near to the psychological level of Rs 500. Once the stock gives closing above Rs 500 in the daily candle closing, we can see a good move. We can easily aim for 5% - 10% returns from the stock.
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Channel Breakout in HEMIPROPLooking at the chart in daily timeframe for Hemisphere Properties, we can clearly see there is a breakout from the channel pattern after almost a year of consolidation. The upper trend line of the channel has been broken with absolutely huge volume. We can see a small consolidation after the breakout which is a healthy sign for the stock to move upwards. If the momentum continues, it can easily give double digit returns to the investors.
You will also find many other stocks ideas in my profile! Do like it :) It will motivate me to write more
28% Target Potential in Likhitha | Swing TradeWonderful swing trade with target potential of 28%
Reason to trade -
1. Breakout of 50 EMA with good volume
2. Trendline breakout
3. Breakout of Horizontal Demand Area
4. Has made a breakout and then retest which is a bullish pattern .
5. RSI above MA
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The Rich Trader
Rohit Sharma
DELTA CORP: Bullish TriangleUsually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept to the breakout level of wave-d to get the target of this pattern.
Buy with SL of 278 & look for the target of 340-45 zone
( Swing )-----#PNBhousing------Anticipating Trendline BO Stock- Pnbhousing ( Daily chart )
Date- 09-dec-21
Sector- Finance|rental | Leasing
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Levels To Watch
Buy -597.50 ( Trendline Breakout )
1st Target - 669-700 ( Resistance & Hold Level )
2nd Target - 763 ( Resistance line )
Strict Stoploss - 225 ( Below Support Zone )
R:R - 1:2 ( Acceptable Ratio )
Time Frame - Few weeks to 1 month after BO
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"Things In Our favor"
1- Range Bo
2- Volume is in Support
3. Trading above all major MA
4. Channel BO upside
5. Falling Wedge Pattern Bo
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Disclaimer:-
All My ideas are for Educational purposes Only & not Buying or Selling recommendations. Levels are given for tracking only, I'm Not a SEBI Registered Analyst. Please consult your Financial Advisor before taking any trades.
Check Few More Bo ideas Stocks in My Profile
Have a nice day,
ReviveTraders
NIfty 50 17-01-2022The Nifty seems to be somewhat bullish in the near time in the hourly basis time frame, The given ranges are mentioned in the analysis. The market will give a breakout once it breaks the nearest support or resistance mentioned in the analysis on either side.
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*Disclaimer*- This is just an analysis of the data on the basis of technical factors such as chart patterns, candlestick patterns, trend line, option chain data, etc. Stock Market or Trading in any type of market is subject to high financial risk. You should see this idea as just an analysis. You are not obliged to follow my instructions. You will be responsible for all types of gains or losses in the market.
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Amara Raja Batteries [Weekly]Amara Raja Batteries likely moving up. Watch this script!
It is clearly in the overbought zone on the daily, so I would like to see it retrace to its support level before a breakout. Breaking out without a retracement would suck big time for this script!
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This is not a recommendation though. Trade as per your knowledge and your risk appetite.
And do not base your trade on what I give. Please do your own research before investing!
I don't post as often but when I do, the trades are potential movers for the week! So trade and book your profits accordingly.
Happy Trading!