Stocktrading
APL APOLLO TUBES - Symmetrical TriangleAPL Apollo Tubes recently formed symmetrical triangle and expecting the breakout in upcoming days.
1. If price break and close above lower top (downtrend line) then buy order will be initiate
2. If price break and close below the rising support then sell order will be trigger
Thank You
Arvind Yadav, Cfa
Arvind Share Academy
EXIDEINDEXIDEIND:- Stock has given breakout after 6 years, volumes are also good
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Long Position Opportunity in KSCL: Bottom FormationAn enticing long position opportunity arises in the cash market stock KSCL, marked by a bottom formation pattern and a significant breakout from deep consolidation.
*Technical Analysis:*
KSCL's stock price has recently formed a bottoming pattern, indicating a potential reversal from previous downtrends. Additionally, the stock has experienced a breakout from a period of deep consolidation, suggesting renewed bullish momentum. Key technical indicators may further confirm the bullish outlook, providing additional validation for potential long positions.
*Trade Setup:*
Traders aiming to capitalize on this bullish momentum should conduct their own analysis and consider the provided target and stop-loss levels outlined on the accompanying charts. These levels are strategically determined to facilitate effective risk management and maximize potential gains.
*Target and Stop-loss Levels:*
- *Target:* Identified resistance levels and price targets on the charts offer clear objectives for profit-taking, reflecting the anticipated upward movement in the stock.
- *Stop-loss:* A predetermined stop-loss level is established to mitigate risk and protect capital in the event of adverse price movements.
*Conclusion:*
KSCL presents an attractive opportunity for a long position in the cash market, supported by a bottom formation pattern and a breakout from deep consolidation. Traders are encouraged to conduct their own analysis and consider the provided target and stop-loss levels to manage risk effectively while aiming for potential profits.
Disclaimer: Trading involves inherent risks, and individuals should conduct their own research or consult with a financial advisor before making any investment decisions.
"MapmyIndia Stock: Bullish Reversal from IPO Price A long position opportunity presents itself in the cash market stock MapmyIndia, as a reversal is observed alongside a bottom formation from its IPO price.
*Technical Analysis:*
MapmyIndia's stock price is showing signs of a bullish reversal after experiencing a period of consolidation near its IPO price. This reversal is supported by a bottom formation pattern, which often indicates the potential for an upward move. Additionally, key technical indicators may confirm the reversal and suggest a shift in momentum towards the upside.
*Trade Setup:*
For traders looking to capitalize on this bullish opportunity, the accompanying charts provide precise target and stop-loss levels for effective risk management and potential gains.
*Target and Stop-loss Levels:*
- *Target:* Potential resistance levels on the charts suggest an upside target for the trade, reflecting the anticipated bullish momentum in the stock.
- *Stop-loss:* A predetermined stop-loss level is established to limit risk and protect capital against any adverse price movements.
*Conclusion:*
MapmyIndia offers an attractive opportunity for a long position in the cash market, backed by a strong reversal pattern and bottom formation from its IPO price. Traders are encouraged to conduct their own analysis and consider the provided target and stop-loss levels to manage risk prudently while aiming for potential gains.
Disclaimer: Trading involves inherent risks, and individuals should conduct their own research or consult with a financial advisor before making any investment decisions.
Swing Trading Opportunity: Vijaya Diagnostic Center Soars A long position opportunity arises in Vijaya Diagnostic Center, with the stock exhibiting strong signs of an upward trend and bullish sentiment.
Technical Analysis:
The stock is trading above its IPO levels and displaying a rounding bottom formation, indicating a potential bullish breakout. This pattern often suggests a reversal in trend and the possibility of sustained upward momentum. Furthermore, accumulated shares at the current levels hint at institutional interest and a strong base for an upcoming rally.
Sector Outlook:
The healthcare and diagnostics sector, including Vijaya Diagnostic Center, is currently gaining market focus due to the ongoing emphasis on health and wellness, as well as advancements in medical technology. This sector's increased attention may provide additional tailwinds for the stock's performance.
Trade Setup:
For traders seeking to capitalize on this bullish opportunity, the accompanying charts provide clear target and stop-loss levels for risk management and potential gains.
Target and Stop-loss Levels:
Target: Potential resistance levels outlined on the charts offer a clear upside target for the trade, reflecting the expected bullish momentum.
Stop-loss: A predefined stop-loss level is set to mitigate risk and protect capital in case of any unexpected downturn.
Conclusion:
In summary, Vijaya Diagnostic Center presents a promising opportunity for a long position in swing trading, supported by a strong rounding bottom formation and an optimistic outlook for the pharma and diagnostics sector. Traders are encouraged to utilize the provided target and stop-loss levels to manage risk effectively while aiming for potential gains.
Disclaimer: Trading involves inherent risks, and individuals should conduct their own research or consult with a financial advisor before making any investment decisions.
📈 Petronet LNG - Multi-Year Breakout Alert! 🚀🔍 Setup : Multi-year breakout setup
📊 Analysis: Bullish trade! 🐃 Significant volumes detected, with a supportive sector. Key levels from October 2017 and September 2019 have been breached, and the price is sustaining well above them. 📈
Share your thoughts! Like and comment below! 💬 Let's capitalize on this breakout opportunity together! 🌟
#PETRONET #BullishTrade #MultiYearBreakoutSetup
Team Lease Services Ltd | Momentum Swing IdeaTeam Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance.
Market Cap ₹ 5,371 Cr. Current Price ₹ 3,195S tock P/E 50.4
ROCE 13.9 % ROE 14.4 % Debt to equity 0.14
Promoter holding 31.6 % Quick ratio 1.36 Current ratio 1.36
Piotroski score 5.00 Profit Var 3Yrs 45.9 % Sales growth 3Years 14.8 %
Pledged percentage 1.59 % Return on assets 6.54 %
This is momentum stock with unique business and future growth perspective great stock.
RSI also in positive trend ,if it sustained stock makes new high. This stock is make rounding bottom on top . so keep this stock in your watch list.
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.
JUBLPHARMA (Multiyear Breakout Setup)Hello traders!
Today, I'm excited to share my analysis on Jubilant Pharmova #JUBLPHARMA has broken its previous high with significant volume, indicating a potential breakout. This breakout with volume setup suggests strong momentum and presents a compelling swing and positional trading opportunity. Our analysis includes thorough volume analysis, multiple timeframe analysis, and momentum indicator support, pointing towards a bullish trend continuation.
Don't miss out on this breakout opportunity in JUBILANT PHARMOVA
- Remember to conduct your own analysis and implement proper risk management strategies. Thanks!