We can consider SHORT TERM INVESTMENT IN INFOSYS.INFOSYS WEEKLY CHART
Indicating a strong Break out from its current supply level; any closing in weekly can give a confirmation for stock may provide potential returns future.
CMP:- 1945
SL:- 1815(closing basis)
Price expectations :- 2,100 // 2,250 // 2425
Returns estimated :- 25% to 27.5%
Stocktrading
BEST TRADE YOU CAN TRADE THIS YEAR THE POKARNA Stock is ready for breakout at level of 950 to buy
fii and dii increse thir holding continusoly
stocks deliver good financialsupport to technical
stock form 2 year of cup with strong breakout now
if you see on weekly candle aftera breakout candle pause nad then ready to buy
IRCTC : Time to travel.NSE:IRCTC Good buying opportunity in IRCTC .
BUYING RANGE: 650-660 ( After breakout)
Case1-
Good to buy after breakout of the Trend line ie. @650-660.
Put Stop loss of 610.
Case2-
Second opportunity : if found around the Previous Demand Zone of 560-580.
Put Stop Loss of 545-50
TARGETS :
T1- 710
T2- 765
T3- 840
T4- 920
WHY IRCTC:
1- Breakout of long term Trendline.
2- Taking good support from the Demand zone of 560-600
3- Good Risk to Reward Ratio.
Thanks for your Support.
Disclaimer:
This idea is only for the Educational purpose only, Kindly trade at your own Risk.
BATA India Long setup ReadyLong bata india between 1420-1425. There is a very high probability that the stock will bounce back from the support level. Also, a bullish engulfing candle can be seen on the chart. Risk to reward is awesome in trade. Once stock starts trading above 200 EMA we can trail the SL. Add the stock in your watch list. This is for your educational purpose only.
Ashoka Buildcon long setup readyClearly, on the 2-hour charts, we can see the Ashoka buildcon . Can take a long entry above 238 once the breakout of the marked trend line. Watch every time stock touches the 200 EMA level it bounces back with good price action. please keep the stock on your watch list. Good risk to reward trade.
Long SCI swing TradeA Good setup has been seen on the daily chart of SCI. Long SCI above 274 for the target of 350+ with SL of 242. A very high probability that the stock will bounce back from the 200 EMA & the marked resistance area. Good risk to reward trade. hence keep the stock at your watchlist. This is for your educational purpose only.
WOCKPHARMA: W pattern breakout may drive the price higher!
The 1700-1800 range has acted as a formidable barrier for this stock, with the price faced rejection at these levels on two separate occasions.
After experiencing a significant downturn, the price eventually found support around the 135 level, led the price to a period of consolidation.
During this time, the stock developed a Double Bottom pattern.
Following a substantial gap, it successfully broke out of the Double Bottom pattern with strong trading volume and is now positioned just above that breakout level.
At present, the stock is trading at nearly half its all-time high, making it an appealing option right now.
How to Journal as a Trader or Investor on Trading View ? Summary of this video
There could be Two types of people Journaling, one who is daily journaling and one who is weekly journaling; both will do the job.
You can make two notebooks for the same: Feelings-based Journal and Stats-based Journaling.
Both serve different purposes.
A feeling-based journal helps you to create a daily habit of writing some compulsory things like pre-market, vix, post-market, and setups, and ask why in terms of positions - if taken and if not taken, whereas to get into the habit of writing a feelings based journal also dig deep into some really important terms like cpi inflation, ppi of some significant economies which effects your markets. These things won't affect your trading, but such add-ons help you give a direction to your journaling power.
A Stats-based journal contains different columns, as told in the video; feel free to add more of your favorite ones and change them as you wish, but every single trade should be respected in such a manner. Journal every single trade like this in terms of numbers. Remars is very important in this journal as it will guide your Fear and Greed.
In conclusion, Finally, if you can do this for at least one month, you will see good results, but what exactly do you have to see?
After one month, read your first-day feeling journal and the first two or three trade remarks. You will be amazed to see how silly mistakes you made in the past or how efficient you were back then and now you are making those mistakes; either will help you grow in mindset and profitability. It enables you to become a better trader by 1% daily.
Feel free to put more ideas and thoughts below in the comment section. Good luck journaling
CUP AND HANDLE PATTERNThe above weekly chart shows that the price has formed a cup & handle pattern in the last 2 years. If this pattern continues we can expect a breakout on the charts.
MACD is showing a likely crossover too. Possible targets may be 1600/1800 or even more.
As long as it sustains above 1300, this setup remains relevant.
Decide your exit levels according to your position sizing and risk-management. This illustration is only for learning and
sharing purposes, not a piece of trading
advice in any form.
All the best.
Fundamental vs Technical: AARTIINDAnother fundamental vs technical scenario.
On breakout of 729 price-level, AARTI IND is set to rally till 772-783 as upside targets.
On brea of 710 support, prices will drop till 683-678.50 range as S2 (or T1 for the short side trade entry) and 625 as S3 (T2).
Prices in spot.
Gujarat Gas Ltd | Natural Momentum StockGujarat Gas Ltd | Natural Momentum Stock
Gujarat Gas Limited (GGL) is a government company u/s 2(45) of Companies Act 2013. Formerly Known as GSPC Distribution Networks Limited(GDNL), GGL is engaged in the business of Natural gas in India.
Financial : Strong
Market Cap = ₹ 38,216 Cr. ROCE = 31.2 % ROE = 24.2 %
Debt to equity = 0.02 Promoter holding = 60.9 %
Quick ratio= 0.64 Current ratio = 0.66 Piotroski score = 8.00
Profit Var 3Yrs = 8.45 % Sales growth 3Years = 17.6 %
Return on assets =14.9 %
This stock is mow in proper momemtum zone . you can see the price action now rounding bottom create and trying to start in upward direction.
everyone can watch this stock and do proper research before investing.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
Doms Industries Ltd| Long Term Momentum InvesmentIncorporated in 2006, DOMS Industries Limited is a stationery and art product company primarily engaged in designing, developing, manufacturing, and selling a wide range of these products under the flagship brand, DOMS
Financial:
Market Cap ₹ 10,224 Current Price ₹ 1,685 Stock P/E 107
ROCE 34.4 % ROE 32.8 % Debt to equity 0.41
Promoter holding 75.0 % Quick ratio 0.41 Current ratio 1.22
Piotroski score 8.00 Profit Var 3Yrs 38.5 % Sales growth 3Years 22.8 %
Return on assets 18.1 %
This stock is momentum strong stock as well as everyone knows about this company . This is going to wealth creator in long time . as per my view this is hold and patient for long term if run in our favor.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and feel free to comment.
Quess CorpMarket Cap
₹ 10,194 Cr.
Current Price
₹ 686
High / Low
₹ 706 / 398
Stock P/E
34.0
Book Value
₹ 189
Dividend Yield
1.17 %
ROCE
11.7 %
ROE
11.2 %
Face Value
₹ 10.0
Debt to equity
0.30
Debt
₹ 838 Cr.
OPM
3.63 %
Promoter holding
56.6 %
Sales growth
11.3 %
Profit growth
62.7 %
CMP / FCF
24.1
Industry PE
26.4
Pledged percentage
0.00 %
Reserves
₹ 2,650 Cr
Descending Triangle pattern breakout in BALKRISINDBALKRISHNA INDUSTRIES LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Descending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3305+.
✅Can Go Long in this Stock by placing a stop loss below 3134-.