Stocktobuy
Shakti Pump aiming for a base breakout.#positionalidea #shaktipump:
Looks good positionally if it breaks out of the base. Watch for base/Darvas box breakout for long opportunity.
🟢Trading above 50 DMA
🟢Good Relative Strength
🟢Good ROCE, ROE
🔴Circuit stock. Tends to hit UC/LC.
🔴Volume Needs improvement.
This is just a view and not a recommendation. Trade at your discretion.
➡️Market Cap---₹ 9,757 Cr.
➡️Current Price---₹ 4,870
➡️Stock P/E---29.7
➡️ROCE---31.4 %
➡️ROE---24.2 %
SHORT TERM SWING OPPORTUNITY IN MTAR TECHNOLOGIES LTD."MTAR TECHNOLOGIES LTD" is about to change it's weekly structure with a trendline support valid since 2021. Confirmation is above 2200 on closing basis. If the trade goes as planned, it is going to give a return of almost15% which is good. Stop loss will be planned once entry is activated. Target is calculated using the XABCD Pattern of Harmonics. Profit should be booked between 2500 and 2543 as it happens to be the PRZ area of the XABCD Pattern. Above 2600, it is going to test it's ATH again.
Is IEX ready for a 100% upmove? Charts says YESIs Indian Energy Exchange (IEX) all set to fire up?
We are expecting big targets based on the following key technical points:
Great Correction (Fib):
The price underwent a deep correction of more than 61.8%, almost reaching the 0.786 Fibonacci retracement level from the top.
Price Action Structure Change:
The price has changed structure since it broke the previous high on the monthly time frame and sustained weekly candle.
Ichimoku Confirmation:
There is a strong TS & KS breakout, and it looks poised to break the cloud as well. A strong base has been created, and a breakout has occurred.
Fib Channel + Fib Extension:
The price respected the channel bottom and reversed strongly. Based on the channel targets, there is a high chance of hitting 360+ in the coming months.
Wave Analysis and Targets:
The stock is in either Wave C or Wave 3. The minimum targets for Wave C are 287 (61.8%) and 394 (100%). Any move beyond this is a bonus.
Use Ichimoku (Daily Time Frame) for Higher Profits:
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
SONACOMS Bullish breakout predictionSona BLW Precision Forgings, an India-based automotive technology company, designs, manufactures, and supplies engineered automotive systems and components, including differential assemblies, gears, and EV Traction motors.
If we look at the chart:
The market has broken to the upside with very good volume. The market has broken the trendline to the upside. Also, the market is receiving support at 200 EMA. After the support, it has consolidated and then given a bullish hammer.
We can make an entry with Risk:Reward: 1:2.6.
Plan of Action:
Buy: 651-655
Stop loss: 614
Final Target: 747
bullish breakout of weekly flag and pole pattern in IRFCA Bullish Flag and Pole pattern is visible on the Daily chart of NSE:IRFC
The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
BREAKOUT IN CDSL 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -CDSL-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Silver looking Charminglooking really bullish if it breaks out and sustain above 30 then we can see the targets shown in the chart and I can see it may touch all time high this time after 2011
Get Ready for Big Move in the Silver
Investment and Trading is Subject to market risk. take independent advice before investing or trading into it
Syngene ConsolidationI found one of the most potential stock to invest with highly potential uptrend
Stock already consolidated for a longer period of time from and formed four bottom which I have mentioned in the charts which is good sign but yes we will have to wait for breakout of the stock and once it get broken out the stock we may achieve the targets mentioned in the chart.
Take independent advice before investing or trading as it's subject to market risk.
TILAKNAGAR INDUSTR (TI) breakout analysis BUY TILAKNAGAR INDUSTR (TI) has given a breakout of bullish flag and pole pattern to upside.
All important levels have been marked at the chart.
As stock has broke to upside you can generate a buy @LTP.
If we see the volume surge it was massive yesterday. if we enter stock at 230 we can achive the target with
Risk: Reward :: 1 : 3.
Reasons:
Bullish Flag and POLE breakout to upside.
Taking support at the VWAP, indicates good sign to enter.
RSI crossing 60 to upside shows good bullishness.
Successful breakout after 6 months.
High Volume is traded last day, which shows lots of interest in stock buying.
Price > EMAs, shows bulls are more powerful than bears we can make an entry.
Taking successful support at 200 EMA with good buying interest(volume spike).
Verdict:
Strong Bullish
Plan of action:
BUY: 230
Stoploss: 214
Target: 281
Trailing SL: 5
BREAKOUT IN RADICO📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF RADICO
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Devyani analysis Buy activated Devyani International Limited (DIL) is the largest franchisee of Yum Brands in India and is among the largest operators of chain quick service restaurants (QSR) in India. In addition, DIL is a franchisee for the Costa Coffee brand and stores in India.
If we look at the chart:
The stock has broken out to upside. and expected to move higher high.
Reasons:
It has broken Falling wedge pattern to upside. (Bullish)
It has been consolidating for 8 months and now ready to move to upside. (Bullish)
RSI crossing 60 to upside means bulls are in the control of the market. (Bullish)
Price > EMA(13) and Price < EMA(200), good point to enter to bull side right now. (Bullish)
Verdict : Strong BUY
Plan of action:
BUY: 165
Target: 190
Stoploss: 158
BREAKOUT IN IRCON 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF IRCON
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
SURYA ROSHNI Breakout and Retest Setup 🚀Greetings traders! 👋 Today, I'm sharing my analysis on SURYA ROSHNI, which is showing a Breakout and Retest setup with volume build up. Here's a breakdown of the setup:
📌 Setup: BREAKOUT and RETEST SETUP
🔍 Analysis: I've conducted a thorough analysis on multiple timeframes, confirming the breakout and retest.
📊 Indicator Support: Momentum indicators are showing support for the bullish momentum.
🔍 Keyword: Multiple timeframe analysis done, momentum indicator support, etc.
Keep an eye on #SURYAROSNI for potential upside momentum! Remember to conduct your own analysis and manage risk accordingly.
#SURYAROSNI #BreakoutSetup #RetestSetup #VolumeAnalysis #TechnicalAnalysis #TradingView #ShareMarket #StockMarket 🚀