Nifty Bank Trade ideaPlease do not consider this as a buy/sell recommendations. I suggest everyone to do their own analysis before taking any trade.
My view :-
I see a clear technical pattern forming in BN, I feel this could play out.
Stocks
SAKHTISUGSAKHTISUG - market fall but stock stand positive
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.
5 examples on Breakout vs Fakeout and Ideas for 3 Oct I make educational content videos for swing / positional trading
Devyani International: Will Weekly Momentum Fuel a Breakout?Devyani International is currently making higher lows, as indicated by the trend line. The stock has established strong support at 142, with resistance at 203. After two failed breakout attempts, the question remains: will the third succeed or will it pull back to support?
Minor resistance at 179 has now turned into support. However, it is important to note that while the weekly volumes remain unimpressive, the MACD is showing growing strength, signaling potential bullish momentum in the coming weeks.
Potential Risk:
The primary risk to the stock's upward trajectory is the possibility of a broader market correction, particularly influenced by uncertainty in the Index.
Disclaimer:
This analysis is intended for educational purposes and is not a recommendation to buy. It is important to learn how to recognize and understand patterns in stock movements.
ABCAPITALABCAPITAL - need to break range 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.
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.
4 Stock Picks for Long term Gains | September Month End analysisI make educational content videos for swing / positional trading
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.
3 Swing trading ideas for 30 September Markets I make educational content videos for swing / positional trading
PIDILITE INDUSTRIES LIMITED (EDUCATIONAL PURPOSE ONLY,)There is no guarantee in Stock market and Nothing over week.
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS)
PIDILITE INDUSTRIES LIMITED
TARGET RS 3530
CMP RS 3363.45
ENTRY RANGE RS 3330-3395
STOP LOSS RS 3215
Disclaimer: I am not Sebi Registered.
TARC Ltd (Anant Raj Global Ltd) - Breakout Setup, Move is ON...#TARC trading above Resistance of 251
Next Resistance is at 351
Support is at 168
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
S H Kelkar And Company Ltd - Breakout Setup, Move is ON...#SHK trading above Resistance of 295
Next Resistance is at 362
Support is at 205
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Shriram Finance Ltd - Breakout Setup, Move is ON...#SHRIRAMFIN trading above Resistance of 3562
Next Resistance is at 4760
Support is at 2635
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bajaj Auto Ltd - Breakout Setup, Move is ON...#BAJAJ_AUTO trading above Resistance of 12530
Next Resistance is at 13976
Support is at 10789
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PNB - The End could be a New Beginning.Punjab National Bank is in a bullish structure from June 2022 & now have completed wave 4 which has meet with reverse parallel channel drawn from connecting wave 1 high with wave 3 high (usually the best point for wave 4 to end) & this low of wave 4 is exactly 0.382% retracement of Wave 3 so now we looks all set for wave 5 impulse to begin a close above 112 will be 1st confirmation & breaking above this red channel around 120 will be bigger confirmation which could take us to 230 which is (Wave 1 is equal to Wave 5 measurement) & channel top.
Everyone in market is trying to find top in Index whereas stocks are just getting started so the market can stay irrational longer than you can stay solvent.
Mahindra & Mahindra - Breakout Setup, Move is ON...#M_M trading above Resistance of 2948
Next Resistance is at 3514
Support is at 2567
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Anant Raj Global Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bajaj Auto Ltd - Breakout Setup, Move is ON...#BAJAJ_AUTO trading above Resistance of 10789
Next Resistance is at 12530
Support is at 9240
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Mahindra & Mahindra - Breakout Setup, Move is ON...#M_M trading above Resistance of 2202
Next Resistance is at 2948
Support is at 1453.80
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Jamna Auto: Will It Break the 100-Day EMA Support?Technical Analysis of Jamna Auto:
Jamna Auto is currently trading above its 100-Day EMA (Green), but uncertainty looms over whether this support level will hold. The weekly chart shows an increase in seller momentum, raising the likelihood of a downside move. Should the stock break and close below the first support level or even the 100-Day EMA on the weekly chart, it could drop to its strongest support range that sits between 92 and 95 with minor support at 105.
It is important to note, since January 2024, there has been a noticeable spike in volume, but it remains unclear whether this surge will push the stock higher or if it will succumb to selling pressure. Despite these challenges, the stock's outlook remains positive. However, it is prudent to take a wait-and-see approach to observe how this stock behaves in the coming weeks.
Potential Risk:
The primary risk to the stock's upward trajectory is the possibility of a broader market correction, particularly influenced by uncertainty in the Index.
Disclaimer:
This analysis is intended for educational purposes and is not a recommendation to buy. It is important to learn how to recognize and understand patterns in stock movements.
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News & Key Developments
Recent news highlights Jamna Auto Industries Limited’s subsidiary, JBM ECOLIFE Mobility, securing $100 million in funding from the Asian Development Bank and Asian Infrastructure Investment Bank to supply and operate electric buses across Indian states.
The funding secured by JBM ECOLIFE Mobility may positively impact Jamna Auto Industries Limited’s stock price, as it demonstrates the company’s commitment to electric mobility and its ability to secure significant investments. However, the overall impact on the stock price will depend on various market and industry factors, including the company’s financial performance and competitive landscape.
Key Developments
Secured USD 100 million strategic funding from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) in September 2024 to accelerate electric bus deployment across India.
Has already deployed 200 air-conditioned Ecolife e-buses in cities like Berhampur, Bhubaneswar, and Cuttack, equipped with modern safety and convenience features and powered by fast-charging lithium-ion batteries.
Expansion Plans
Will utilize the funding from ADB and AIIB to supply and operate electric buses under the Gross Cost Contract (GCC) model in multiple states across India in a phased manner.
Aims to promote sustainable public transportation and support India’s Net Zero 2070 target.
Note: This is not financial advice.
SONACOMS (TF|W|) Bullish view .SONACOMS stock analysis Potential breakout opportunity
Chart Analysis : SONACOMS is displaying a strong breakout chart , indicating the upward movement in it's stock price.
CUP & HANDLE Pattern : The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
VOLUME BUILDUP: volume buildup near the breakout zone . Increased trading volume is a positive indicator, suggesting more interest in stock and potential momentum
REMSONSINDREMSONSIND - The stock has broken out by forming a pole and flag pattern
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.
SHAKTIPUMPSHAKTIPUMP :- Above breakout line it can do well
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.
