LICI: Preparing for a third waveAFTER A 5-WAVE UPMOVE FROM THE ROCK BOTTOM, PRICES RETREATED BACK LOWER TOWARDS 50% FIBONACCI RETRACEMENT ZONE AND BOUNCE BACK SHARPLY. STOCK HAS GIVEN BIGGEST INTRADAY SINCE IPO.
After a five-wave advance from the rock botom, prices retreated back lower towards 597 which is 50% fibonacci retracement zone. From there stock has bounced back sharply which is the biggest intraday gain since IPO.
We are watching to see a sharp advance in the coming months. A break above 750 shall confirm that stock has started it's third wave and is likely to break the all time high in the coming months.
Stockmarketindia
MIDHANI - Bullish Consolidation with VolumesNSE: MIDHANI is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
PHOENIX LTD - SWING TRADE - 5th January #stocks#PHOENIXLTD (1D TF)
Swing Trade Analysis given on 5th January, 2023
Pattern: FALLING WEDGE PATTERN
- Volume Spike Buildup - Done ✓
- Breakout of Resistance - Done ✓
- Box breakout + Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #phoenixltd
FSL - SWING TRADE - 5th Jan #stocksFSL (1D TF)
Swing Trade Analysis given on 5th January, 2024
Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance & Breakout - In Progress
- Retracement & Consolidation - In Progress
- Change of Polarity - In Progress
#StockMarketindia #StocksInFocus #swingtrade #chartanalysis #fsl
BIOCON - SWING TRADE - 12th January #stocksBIOCON (1W TF) - Swing Trade Analysis given on 12th Jan, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Breakout & Retest - Done ✓
- Volume Spike at Resistance - Done ✓
- Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #biocon
VTL - Bullish Swing Reversal with VolumesNSE: VTL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
BALKRISHNA INDUSTRIES - SWING TRADE - 10th January #stocksBALKRISHNA INDUSTRIES (1D TF)
Swing Trade Analysis given on 10th Jan, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike Buildup at Resistance - Done ✓
- Breakout of Resistance - In Progress
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #balkrisind
PNCINFRA - Bullish Consolidation Breakout with volumesNSE: PNCINFRA is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 11% to 17% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
KECL - Bullish Swing Reversal with VolumesNSE: KECL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 10% to 15% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
RBA - Bullish Swing Reversal with VolumesNSE: RBA is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 11% to 18% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
TTML - SWING TRADE - 19th December #stocksTTML (1D TF)
Swing Trade Analysis given on 19th December, 2023 (Tuesday)
Pattern: FALLING WEDGE BREAKOUT
- Falling Wedge Breakout + Consolidation - Done ✓
- Neckline Breakout - Done ✓
- Volume Spike- Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #ttml
DIVIS LAB: H&S ContinuationFrom Mar'23 bottom of 2730 stock has rallied and made a high of 3934 in Aug'23. Post that stock has undergone into a correction which already concluded at Nov'23 bottom of 3295. From there stock has rallied again and broken it's previous swing high made in Aug'23. The recent price action suggests that stock has formed a Continuation H&S and given a breakout on 26th dec'23 and trading well above it's neckline. The measured target for this pattern is coming in the region of 4370-4400 zone.
HAL - SWING TRADE - 27th December #stocks#HAL (1D TF)
Swing Trade Analysis given on 27th December, 2023
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike Buildup - Done ✓
- Breakout of Resistance - In Progress
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte
SUNTECK REALTY - SWING TRADE - 5th January #stocksSUNTECK REALTY (1D TF)
Swing Trade Analysis given on 5th January, 2024
Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance & Breakout - Done ✓
- Retracement & Consolidation - In Progress
- Change of Polarity - In Progress
#StockMarketindia #StocksInFocus #swingtrade #chartanalysis #sunteckrealty
FINPIPE - Bullish Consolidation with Volumes NSE: FINPIPE is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 13% to 19% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NTPC - SWING TRADE - 28th December #stocks#NTPC (1D TF)
Swing Trade Analysis given on 28th December, 2023
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike Buildup at Resistance - Done ✓
- Breakout of Resistance - Done ✓
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #ntpc