Amazing swing trading idea for 23 August I make educational content videos for swing / positional trading
Stocktrader
eClerx Services breakout confirm.Company provides data management, analytics solutions and process outsourcing services to a host of global clients through a network of multiple locations in India, and abroad.
Geographical Split
USA: 67% in FY21 vs 60% in FY18
UK: 6% in FY21 vs 4% in FY18
Europe: 20% in FY21 vs 23% in FY18
Asia Pacific: 7% in FY21 vs 13% in FY18.
EBIT for the period is INR 146.5 crore, down by 9.6% YoY.
Profit after tax for the quarter ended June 30, 2023 was INR 106.3 crore compared with INR 99.2 crore in the corresponding period in the previous year, an increase of 7.2% YoY.
Basic EPS for the quarter ended June 30, 2023 was INR 22.12 as compared to INR 19.98 (adjusted for bonus) in the corresponding period last year.
Warning:- Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your financial advisor before making any investment decision
Bank Nifty Analysis for 20Sept2023**Bank Nifty Analysis for 20/09/2023**
**Key Points:**
* The Bank Nifty rejected from the resistance level of 46315
* The market closed below the support level of 46154, indicating a bearish trend.
* It is possible that the market could retest the lower support level of 45600 in the coming days.
**Sub-Points:**
* **Support Levels:** 45800/45900
* **Resistance Levels:** 46000/46100/46200
**Trading Recommendations:**
* If the market opens gap up above 46000, wait for a breakout of 46100 before going long.
* If the market breaks below 45800, go short with a target of 45600.
**OI Data Analysis:**
* The OI data analysis shows that the strong support level at 45800/45900 is confirmed by the high PE writer volume.
* The strong resistance level at 46000/46100/46200 is also confirmed by the high PE writer volume.
**Overall Analysis:**
The Bank Nifty is in a bearish trend, and it is likely that the market will continue to decline in the coming days. However, it is important to note that the market is volatile, and there could be sudden reversals. It is therefore important to trade with caution and use stop-losses to protect your capital.
**Disclaimer:**
This analysis is for educational purposes only and should not be construed as investment advice. I am not a certified financial advisor, and I do not recommend any specific investment strategies. Please do your own research before making any investment decisions.
**Additional Notes:**
* Traders should keep an eye on the global markets for any major developments that could impact the Indian market.
* The upcoming earnings season could also have a significant impact on the Bank Nifty.
* Traders should be aware of the risks involved in trading options and should only trade with money that they can afford to lose
#tradelikeapro #traderlife #tradingcommunity #tradingcommunity #stocktrader #banknifty
Long Talbroauto after the BOTalbroauto at the verge of BO & going for a lifetime high above 700+. Keep the stock in your watch list. All important levels have been marked on the charts. This is for your educational purpose only.
Falling wedge pattern breakout in TORNTPHARMTORNTPHARM
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1630+.
✅Can Go Long in this stock by placing a stop loss below 1475-.
✅breakout this can give risk:reward upto 1:4+.
PI industries share #harishraoytpi industires share daily time complete 5 wave up side and break 2 or 4 trendline . this line break indicate bearish trend and price go down . suddenly price go down and week level 2 or 4 trendline break
TATAsteel can be a good swing trade.tatasteel is looking good for a swing trade in 1week timeframe.
do your own analysis before taking a trade.
this post is for educational purpose only.
we are not sebi regostered.
NMDC: Bullish continuation triangleA bullish continuation triangular structure is spotted in the stock NMDC. Go long on current levels & add on dips , maintaining the SL of 137 & look for higher targets of 157
Maxvil to take long entryMaxvil to take long nice BO given on weekly chart . Take entry above 63 for the first target of 75 & then 90 with the small SL of 56. Very good risk to reward ratio. This is for your educational purpose only.
sell mothersumiSell mothersumi below 211 for the target price of 195. This is the no trading zone & stock expected to touch this well .High probability trade .SL can be set at 225.RSI also showing negative divergence.
Atul LTD. stock to take long entryAtul LTD. stock in uptrend & very good buying candidate . Buy above 6700-6750 between any level for the target price of 7000 & 7200 with the SL of 6500. Good risk to reward trade. Can trade in small qty. This is for pure educational idea.
Short15 min chart is showing 2 Top which means if it reaches 1800 and won't be able to break 1800 resistance level then fallback to
1st Support lvl and if it break 2nd support lvl too. then there is perfect short opportunity.
Disclaimer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need b
Adani Port on bearish TrendWe have seen clearly Adani port break down has been given just now from the channel pattern. Now the stock is trading below the 50 EMA . So from this level @ 341.8 this can be taken for short entry till near support of 335. If beyond this stock move we can see more weakness in the stock. So add the stock in your watch list & see the simple price action strategy.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
deeply, Price Action evolated on INDIGO with the targetsSELL INDIGO 1426-1429 and stoploss mentioned in chart
Below are option trade data 1400 strike PUT:
BUY INGIGO put 32-33 with stoploss Rs.30 and targets 40-44 and 47-52
