Stockmarketindia
Navinflour stock technical analysis-Navin Fluorine International (NAVINFLUOR) has been on a remarkable journey since December 2019, witnessing a staggering 452% surge from its 900-4950 range over approximately four years. However, the stock has since undergone a 42% correction, finding support at the 0.51 Fibonacci retracement level, currently around 2900.
While this correction may present an opportunity for potential upside, it's crucial to recognize that the broader chemical sector's performance will significantly influence NAVINFLUOR's trajectory. A sustained uptrend in the sector is essential for further growth.
NIFTY : BEARISH - PERFECT HEAD & SHOULDERAll details are available on Chart . . .
A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest.
A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
An inverse head and shoulders pattern predicts a bearish-to-bullish trend.
The neckline rests at the support or resistance lines, depending on the pattern direction.
Hot Stock Alert: TCS Poised for a Breakout – Key Levels to Watch • Current Price: The stock is trading at ₹4,149.20, down by 1.85%.
• Key Levels:
• TP01 (Take Profit 1): ₹4,259.30 – a potential profit-taking level.
• TP02 (Take Profit 2): ₹4,604.05 – a higher profit target, suggesting strong bullish momentum if this level is reached.
• Entry: ₹3,777.16 – an ideal level for entering the trade, as indicated by the chart.
• Stop Loss: ₹3,590.50 – a critical level to limit losses if the stock price falls below this point.
• Trendline: A green ascending trendline supports the idea that TCS has been in an upward trend since 2023, indicating that this is a correction within a larger bullish trend.
This setup is likely targeting short- to mid-term traders, with well-defined entry, stop-loss, and take-profit levels.
Sebi's F&O Regulation May Hit 30% of Zerodha's OrdersMarkets regulator Sebi's decision to impose stricter regulations in the F&O segment could affect up to 60% of overall F&O trades and approximately 30% of Zerodha's total orders, according to CEO Nithin Kamath. He noted that if traders don't shift from weekly to monthly trades, the impact could be significant. Zerodha has not yet altered its pricing structure and will evaluate the need to increase brokerages once the new regulations take effect on November 20.
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Angel One Ltd - Breaking Barriers, Eyeing the Next MoveWe’ve got a breakout on our hands with Angel One Ltd! The yellow line in the chart is a counter-trendline that’s been rejecting price action multiple times. But now, we’re seeing some serious strength as the stock has blasted through it with authority. This signals a potential shift in momentum.
Supporting this move is the green trendline, showing that the stock is not just breaking out—it’s bouncing off a solid foundation of support. The market clearly respects this level, adding confidence to the bullish outlook.
But here’s where it gets interesting—I've added two white dotted lines, my "hidden hurdles." These are potential areas of resistance that might slow the stock down for a bit. Don't be surprised if we see some consolidation around this zone.
Now, check out the red box, which hints at a possible short-term pullback or sideways movement—just a breather before the next leg up! After this, I'm eyeing a strong bullish candle (marked by the green box) to close above resistance, setting the stage for an exciting trade opportunity.
The final piece of the puzzle? I’ll be planning my risk-reward strategy only after that confirmation candle is locked in. For now, I’m keeping this one on my radar—this stock could be setting up for something big!
ARIHANTSUPARIHANTSUP - The stock has formed a triangle pattern and breakout
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.
FCLFCL - Again back to same level 423 after take little dip.... expecting to move smoothly if market support......
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.
ABBABB - wait for breakout
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.
IOCIOC - Need to Break the range for move upside
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.