IREDA -INVESTMENT OPPORTUNITY IREDA is down 15-20% from it's high but it's financials are strong.
Price action on charts also trying to say it can move upside but confirmation will be when price test it's previous resistance and hold that levels and break resistance.
If this price action is formed on charts then price will move towards its major resistance.
Stockstobuy
Bajaj auto bullish from 10750 region Bajaj auto bullish from 10750 region may take support from 11250 region as per fibonaci levels drawn on the chart in coming days and can see breaking 12775 evel its all time high and next target will be 14320.
Its not an recomendation its my point of view for educational purpose only.
Take advice from your financial advisor before investing. I am not responsible for any profit or loss occured.
#bajajauto
RHIM Swing Long Trade Signal- RHIM is currently trading at 596
- RHIM is building up a very tight base followed by a Higher low higher low structure
- The last candle was a huge imbalance and that will soon get filled based on that we can see a rebalance of price up to 620-640
- Accumulation Zones: 585-595
- Stop Loss - 567
- Chase - 10%
Coal India set to cross all time high If you look at the set up of COAL India. it looks very strong.
CMP 504. strop loss 498. target : 560.
RR: more than 1:10.
Why COAL India.?
During last month it has show nice rally from 480 to 520. and it has given nice pull back and now with positive momentum it is set to cross ATH. RR is unmatchable.
COFORGE & ECLERX: Two IT Underdogs on the Rise!COFORGE
The stock displayed an Inverted Head & Shoulders pattern, and following the breakout, the price saw a substantial rise, subsequently created another bullish formation called Pole & Flag.
Recently, the price has broken through and is expected to continue its upward trend.
ECLERX
This chart also reveals the presence of an Inverted Head & Shoulder pattern.
Following a recent breakout, the price is positioned for an upward movement.
SWING OPPORTUNITY IN ATUL AUTO"ATUL AUTO" is changing it's overall market structure on weekly timeframe and is getting ready to move upwards. The good thing about the stock is that price is consolidating within a range above the recent support level of 7590, which means buyers are accumulating the stock.
For entry, one must wait for range breakout above 8135, and the next target will be 8900, which is almost 10% from the entry level. Stop loss will be below any swing low during breakout, in Hourly timeframe. Entry and target has been calculated according to the current price action on the chart.
Thank you for supporting our analysis.
Cosmo First for 35% gainsDate: 30 Sept’24
Stock: Cosmo First
Timeframe: Daily chart
Cosmo First seems to have begun a fresh five wave impulse in March’24 and currently in Wave V of 1 which is heading towards 1050+ (~35% from current price of 790) as seen in the chart. Wave 1 target could even extend to around 1150-1200 levels (50% higher from current price) which can be reviewed once it moves beyond 950.
This is not a trade recommendation. Please do your own analysis. I am not a SEBI registered RA.
IRCTC for 30% gainsDate: 30 Sept’24
Stock: IRCTC
Timeframe: Daily chart
IRCTC seems to have begun its up move in Wave V of 5 which is heading towards 1225-1275 (30%+ from the current price of 930) as seen in the chart. A more clear target will appear as it moves beyond 1000; in due course of time. Both volume and RSI are gaining momentum.
This is not a trade recommendation. Please do your own analysis. I am not a SEBI registered RA.
Navin Fluorine Swing Trade Setup- Navin Fluorine is currently trading at 3429
- Navin Fluorine has an inefficiency of around 3200-3300 and you need to wait for the price to mitigate that
- Navin Fluorine can easily fill the bullish Fair Value gap and inefficiency to balance the price and then finally move up
- I will be keeping Navin Fluorine on my radar once it approaches my level
- Advice: Money is made by sitting not trading, so wait for the right opportunity and then capitalise that's all I got for you folks.
Vedanta for 20% gainsDate: 25 Sept’24
Stock: Vedanta
Timeframe: Daily chart
In my earlier analysis of Vedanta in May this year, I had mentioned the stock is heading to over 800+. I have now reviewed my analysis for a target of around 580 (20% from its current price).
Vedanta seems to be in Wave V of 5 and could attain a target of about 585 as seen in the chart.
This is not a trade recommendation. Please do your own analysis.
Tata Steel for 25% gainDate: 24 Sept’24
Stock: Tata Steel
Timeframe: Daily
Tata Steel seems to be in Wave V of 5 which has a likely target of around 200 (25% from current price of 160) as seen in the chart. Volume is high and RSI is strong. Even if this price is achieved in next 3 to 6 months, it is a safe bet.
This is not a trade recommendation. Please do your own analysis.
Godrej Properties for 50% upsideDate: 23 Sep’24
Stock: Godrej Properties
Timeframe: Daily Chart
Godrej Properties seems to have begun Wave V of 3 impulse which is heading towards 4900 levels (50%+ from current price of 3200) as seen in the chart. Both, increase in volume and RSI breakout confirm this move. More clarity on the target will emerge as the move develops. Possible before the end of this financial year?
This is not a trade recommendation. Please do your own analysis before investing.
AXIS BANK Swing Long Update - Axis Bank is currently trading at 1232
- Axis Bank swing long was posted a week back and now all my expected targets have been purged
- If you are holding Axis try locking in a major chunk of your gains
- I am anticipating that Axis Bank can soon start retracing now
- Watch out if you are holding aggressive longs
ACC Cement Swing Long Setup - ACC Cement is currently trading at 2506
- ACC has moved up fair from my call out and now looks all set to move higher
- But before turning extremely bullish make sure to factor in a conservative entry
- We can see ACC approaching or retracing back to 2400-2420
- Timing and Location is everything when it comes to swings
- Manage risk properly and just make sure that your location is conservative
AVANTI FEED Swing Long Setup - Avanti Feed is currently trading at 684
- Avanti feed recently made a high where we saw it moving up impulsively and it continued to rally for weeks
- Post the rally we saw prices taking healthy retracements and it's trying to form a small base now
- If you look at this small range a lot of scalpers might have got trapped with the wick shown as Sell Side Liquidity or if you look at the basic support which a lot of retailers consider
- Before looking for swings and positional plays make sure that you wait for the base to mature first and then take entries as of now try to learn and understand the price delivery
- I will post another update once I see this ready for an upside if it does before that I will scout another stock, till then trade safe manage risk and stay tuned
LODHA Swing Long Setup - Lodha is currently trading at 1281.75
- Lodha is trying to form a base and move up towards 1320-1360
- Lodha can easily shoot up above 1400-1440 as well
- Now from a position and entry perspective wait for the next liquidity grab when you see Lodha reacting from the Oblock again
- Invalidation below the last 2 wicks
Indigo Paints Swing Long - Indigo Paints is currently trading at 1502
- Paint stocks have a huge correlation with Crude Oil Prices
- Whenever we see BRENT/WTI Crude Oil Prices getting slaughtered we always see Paint stocks moving up
- Similarly the setup for Indigo looks good to me and we can easily see this purging above 1600 soon
Apollo Tyres Swing Long Update- Apollo Tyres is currently trading at 526.7
- Apollo Tyres already gave an upside of 4% from my entry and now it is setting up for a huge expansionary move
- Apollo tyres will be at a lovely spot if you see it falling back or revisiting 512-519
- I will be interested to see Apollo tyres revisiting the same area to add a huge size
- Please don't add size or take entries based on my opinion try to first manage risk according to your corpus and make sure you don't follow my advices blindly
- Overall invalidation of this trade will be below 497