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 %
Stocktowatch
Strong Uptrend in ASK AUTOMOTIVENSE:ASKAUTOLTD looks good on day chart with strong uptrend.
Support zone around 440-435
above breaking out 475 resistance stock can move till 500 first and then another strong uptrend towards 520 and 575
Should keep in radar. Good portfolio stock as well
just for education purpose. No buy sell recommendation
KEC looks good on chart NSE:KEC : stock already given Breakout from consolidation zone
and now retest also done at support.
Support zone 935-940.
can place SL below previous swing low which was at 925-930
on the upside 1st level will be previous high around 1040 and then stock will get ready for 1200 positionally.
strong uptrend. good fundamentals
just for educational purpose. no buy or sell recommendation
CHANGE OF STRUCTURE IN POLYPLEX CORP"Polyplex Corp" is showing lower-lows with the trendline as it's dynamic resistance, and is about to reverse it's whole trend (Bearish to Bullish) in weekly timeframe. 1150 is the level of confirmation for it's structure change. Target is calculated using the XABCD Pattern of Harmonics, which comes out be a return of almost 9% which is a very good return on deployed capital. Profit should be booked immediately between 1240-1250/55 as the bigger trend is bearish and the target level happens to be the PRZ area for the XABCD Pattern. So, keep an eye on this stock above 1150.
TVS MOTOR 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)
TVS MOTOR COMPANY LTD.
TARGET RS 2765
CMP RS 2635.80
ENTRY RANGE RS 2610-2665
STOP LOSS RS 2535
Disclaimer: I am not Sebi Registered.
DRREDDY is ready for fireIn today's trading session, the price has given a breakout of a falling trendline and flag and pole pattern. The price is trading above 14 EMA. MACD is turning positive.
Keep a close watch.
Disclaimer- I am not a SEBI registered technical analyst and adviser. Kindly trade on your risk.
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.
CHANGE OF STRUCTURE IN JUBILANT FOODWORKSJubilant Foodworks is about to change it's monthly structure; a double bottom is created at the demand zone. Confirmation is only above 650. But aggressive traders can make entry above 590 on closing basis. Targets have been calculated using XABCD Pattern of Harmonics. Maximum profit should be booked between 800-817 as it happens to be the PRZ area for the XABCD Pattern (blue one), and the rest quantity can be trailed for bigger targets.
WIPRO, Technical Outlook (Keep this stock in the watch list)Today the price has closed on the resistance level with a RSI of above 60. All this indicates the price is in good momentum.
The breakout of 492 could open the higher levels of 545.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
KNR Constructions (Trendline Breakout Setup On WTF)KNR Constructions has given a trendline breakout on the Weekly time frame. The stock can head towards 350, and 370 levels in the coming few weeks. Also, good volume can be seen on the weekly closing candle. The stop loss can be placed at the 279 level.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
United Spirits Ltd. (EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
United Spirits Ltd.
Target: RS 1265
CMP: RS 1202.40
ENTRY RANGE: 1190-1215
STOP LOSS: RS 1190
Disclaimer: I am not Sebi Registered.
Stocks To WatchWe have attached the chart here for highly potential upward rally stock People and smart money showing their interest in the stock and as a result we have noticed high delivery of QTY In recent days but still do not buy until it break the trendline resistance as well as immediate horizontal resistance.
Disclaimer - Education Purposes only, Make your own Research before Any actions you take.
TFCILTD watch for breakout Tourism Finance Corporation of India Ltd provides financial assistance to the tourism sector comprising hotels, resorts, restaurants, food courts, amusement parks, ropeways, multiplexes, etc
You can make an entry with R:R :: 1:4.
I am expecting TFCILTD to go bullish.
Reason:
Bullish Flag and POLE breakout to the upside.
Taking support at the VWAP indicates a good sign to enter.
RSI crossing 60 to upside shows good bullishness.
Successful breakout after six months.
High volume is traded on the last day, which shows a lot of interest in stock buying.
Price > EMAs show 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: 350
Stoploss: 327
Target: 400
Trailing SL: 10 or VWAP or logical
BREAKOUT IN TRENT 📌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 TRENT
• 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
RELIANCE FOR SHORT TERM SWINGReliance Industries is making continuous Higher-Highs on higher timeframes. So it is very obvious that we can see a new ATH above 3050 (exact current ATH is 3025, but we are taking some buffer as it is one of the most manipulated high beta stock). Target is calculated using the ABCD pattern of Harmonics. Once price tries to break the current ATH, shift to 15 min timeframe and wait for a retracement for entry.
Vodafone has no Idea for BullishnessVodafone Idea attempted twice to break the resistance zone but unfortunately it couldn't and fall from around 18 Rupees so it becomes strong reistance in bigger time frame but after that in shorter time frame we can see that around 15 is became strong resistance which means whether it is bigger or Shorter timeframe it looking negative overall
BREAKOUT IN TILAKNAGAR INDUSTRY 📌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 TILAKNAGAR IND
• 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