New Gen a low risk good reward setup.#Newgensoftware.
Looks promising.
- At trendline support.
- Good RR setup.
-Pull-back volume is low.
-Risk is 10%
❗️It is trading right below 50 DMA.
❗️Market is still sell on the rise.
Trade with limited quantity. Most of the setups are prone to failure in such market conditions. Add this to your WL and study.
The chart is shared only for educational purposes only.
Stockstowatch
SHARDACROP & DBCORP: Two Bright Spots in a Challenging MarketSharda Cropchem
● The stock price is evidently experiencing a robust upward trend.
● After a brief consolidation phase, it developed a Rounding Bottom pattern, and following a breakout, it has surged to an all-time high.
● The increasing buying volume suggests that the stock could continue to rise significantly.
D.B. Corp
● The stock price is currently moving within an Ascending Parallel channel.
● After reaching an all-time high around the 404 mark, the stock experienced a pullback to its trendline support level.
● Having rebounded from this support, the stock price is now poised for upward movement.
The Outperformer's Guide: Top Stocks from Each SectorThis analysis highlights key sectors and stocks to watch.
1. Nifty IT NSE:CNXIT
● The Nifty IT sector has demonstrated resilience during the recent negative market sentiments.
● Notably, it has formed a Descending Broadening Wedge pattern and expected to breakout soon.
➖ Stock to Watch - Coforge NSE:COFORGE
● The stock is currently trading just below its all-time high with a strong uptrend.
● Investors can consider accumulating shares on any dips.
2. Nifty Finance NSE:CNXFINANCE
● The Nifty Finance sector has recently breached its trendline support and is now approaching its next key support level, ranging from 22,500 to 22,700.
➖ Stock to Watch - Axis Bank NSE:AXISBANK
● The stock is currently trading at its support level, offering a potential short to mid-term trading opportunity.
3. Nifty PSU Bank NSE:CNXPSUBANK
● The Nifty PSU Bank sector has consolidated within a range and is nearing its support zone.
➖ Stocks to Watch - State Bank of India NSE:SBIN
● The stock is approaching its trendline support level.
● A buying opportunity may arise if the price reaches the 770 level.
4. Nifty Pharma NSE:CNXPHARMA
● After experiencing a downturn, the Nifty Pharma sector is now approaching its trendline support level.
➖ Stocks to Watch - Divis Laboratories NSE:DIVISLAB
● The price is overall in an uptrend.
● Following a record peak, the stock is now nearing its trendline support level.
● The best buy zone is between 5,500 and 5,600.
5. Nifty Media NSE:CNXMEDIA
● The Nifty Media sector is expected to witness a potential pullback towards the 1,720-1,760 level.
➖ Stocks to Watch - Network18 Media NSE:NETWORK18
● The stock is trading just above its trendline support zone, presenting a short to mid-term trading opportunity.
6. Nifty Realty NSE:CNXREALTY
● The Nifty Realty index is currently trading above its support zone.
➖ Stocks to Watch - Oberoi Realty NSE:OBEROIRLTY
● The stock is trading at the support zone and expected to rise soon.
7. Nifty FMCG NSE:CNXFMCG
● After a downfall, index is approaching its trendline support level
➖ Stocks to Watch - Varun Beverages NSE:VBL
● VBL is trading above its support zone, offering a short to mid-term trading opportunity.
8. Nifty Metal NSE:CNXMETAL
● The Nifty Metal sector is trading above its support zone,
➖ Stocks to Watch - Ratnamani Metals & Tubes NSE:RATNAMANI
● The stock price has formed an Ascending Triangle pattern and is currently trading above the support level.
9. Nifty Oil & Gas NSE:NIFTY_OIL_AND_GAS
● The Nifty Oil & Gas sector is also trading above its support zone.
➖ Stocks to Watch - Aegis Logistics NSE:AEGISLOG
● The stock price is close to breaking through its trendline resistance.
● If it can maintain its position above this level, a rally may be imminent.
10. Nifty Auto NSE:CNXAUTO
● Lastly, the Nifty Auto sector is trading above its support zone.
➖ Stocks to Watch - Eicher Motors NSE:EICHERMOT
● Eicher Motors is consolidating within a rectangle pattern, indicating a potential breakout.
Motison Aiming for a base breakout!#Tradeideas #motison- After the split the stock is setting up and trying to break out of base. Watch the PA closely. Safe traders wait for a close above 34.
-SL is deep around 15%. So position size accordingly.
- Not a time for big bets yet.
- Do your due diligence and protect your capital, please do not be complacent.
Trade Safe!
Market Cap---₹ 3,244 Cr.
Current Price--₹ 33.0
Stock P/E---85.6
ROCE---16.6 %
ROE---13.9 %
Face Value---₹ 1.00
Career point looks good Technically.💡#Tradeideas #careerpoint:
✅Consolidating inside Darvas Box.
✅Contracting right above 50 DMA with Low Volume
SL is Deep so position sizing accordingly is mandatory. Smallcap Company so caution is required.
➡️Market Cap---₹ 942 Cr.
➡️Current Price---₹ 518
➡️Stock P/E---15.5
➡️ROCE---13.4 %
➡️ROE---10.8 %
Please study the chart and do your due diligence. This is not a recommendation.
Nifty 1W Technical Analysis & CommentaryIndian Stock Market Update
- Nifty and Bank Nifty have been plunging for a week, and we are witnessing major sell-offs.
- The primary reasons behind the drop are: 1) All indices were overstretched, 2) Foreign Institutional Investors (FIIs) are pulling out their money and moving it elsewhere, and 3) Institutions are booking profits across the board, trapping late buyers who fell for fear of missing out (FOMO).
- I am sticking to my plan, which I always follow. I won’t make a single penny’s long-term investment right now unless I see significant flash crashes. Market premiums are still high, and these influencers are unhelpful; when the market is rising, they talk about even higher highs, and the moment it turns bearish, they start discussing defensive plays. Your focus should be on understanding your wealth profile first, assessing asset allocation, and evaluating your liquidity. What if the market falls more?
- The market will soon show us a dead cat bounce, which will be an exhaustion rally; don't fall into that trap again.
- I will start swinging again once the index begins to stabilize and I see setups forming that meet my criteria and rules. Until then, I will remain on the sidelines, read books, and focus more on the crypto market.
- For now, fold your chips, let the market do its thing, and wait for it to normalize instead of forcing setups.
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.
National Aluminium Company Ltd. (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)
National Aluminium Company Ltd.
TARGET RS 223
CMP RS 222.92
ENTRY RANGE RS 220-226
STOP LOSS RS 200
Disclaimer: I am not Sebi Registered.
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%
Dr. Lal Pathlabs Ltd (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)
Dr. Lal Pathlabs Ltd
TARGET RS 3670
CMP RS 3495.30
ENTRY RANGE RS 3460-3530
STOP LOSS RS 3240
Disclaimer: I am not Sebi Registered.
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.
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.
GRANULES INDIA 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)
GRANULES INDIA LIMITED
TARGET RS 585
CMP RS 556.10
ENTRY RANGE RS 550-562
STOP LOSS RS 530
Disclaimer: I am not Sebi Registered.
TCS next moveTCS next move
CMP has triggered on demand area if its powerful demand we can expect a next target of 4600 and above
if its breaks bellow 41200 we can expect 3950 near by
Hit the like button to Rock !! Show some energy !!
Note :
⨻ Check the live market updates and analysis yourself before buy or sell.
⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge in trading for myself
⨹ This is my pre and post market analysis and my trading journey. Not a suggestion to buy or sell.
⫸ You are responsible for your trading not me ⫷
happy trading 🥰
Bankex - Sep 23current market braked the structure and
we can see 5min ob at the point of trend line
if it breaks the trend line we can expect a sell
otherwise be on buy side
Hit the like button to Rock !! Show some energy !!
Note :
⨻ Check the live market updates and analysis yourself before buy or sell.
⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge in trading for myself
⨹ This is my pre and post market analysis and my trading journey. Not a suggestion to buy or sell.
⫸ You are responsible for your trading not me ⫷
happy trading 🥰