Date- 3rd April 2024
Time - 11:30 Am
D P Wires has a Good Fundamentals Figures and giving Dividends too.
While,
Technically it is showing bullish Continuous Divergence in MACD compared to Price Action and has already given strong green candle for reversal confirmation.
Also, Price is reversal from 100 EMAs support and also all over D P wires is Bullish...
Garware Hi Tech Films Ltd
1) Time Frame - Daily.
2) The Stock has been in a Downtrend since (February, 2024). Now It has given a Downtrend / Consolidation breakout & Closed with good volume & good bullish momentum candle in Daily Time Frame.
3) The next resistance would be it's Previous Life Time High (2200 - 6.25% from the price 2070.30). If the stock gives...
Syrma is a very reputed Electronics manufacturing supplier which has shown good growth in past few years.
Technical analysis of chart shows bullish divergence near a strong support.
If the stock crosses 500, we can see quick move towards target mentioned. A supportive broader market can also help stock make new ATH.
Keep in watchlist.
#SOUTH INDIAN BANK MultiYear Breakout with big Volume on Weekly chart.
Techincal
RSI-Above(50)
RS-Positive
Fundamental Looking Good
Int. On Advance-Increasing(Qtrly Basis)
Total Net Profit-780 Cr(including All 3 Qtr 2023-24)
Total Net Profit-775 Cr(fy-2023)
Net NPA-1.61%(Declining qtry basis) Positive
PE-6 Apprx(below Industry PE-17)
Strategy-Buy on Dip
Stop...
NSE:ROSSELLIND
ROSSELLIND broke out of an ascending triangle with a strong volume. Retesting the breakout zone with a complete dried up volume. It's a low risk entry opportunity.
Can show a further upside if the broader market conditions remain favourable.
NSE:INFY is one the leading IT consultancy company which does not need any description. Infy recently broke 1360 levels. Investors might add this scrip in their portfolio at current levels. Also one can average out if we see 1300 levels.
No chart patterns are favourable
Nothing so called trend reversal
This is an effect of unfavourable market conditions
The...
Apcotex has the potential to give 20% to 30% returns before its following quarterly results, there are few intense resistance levels if the stock crosses them then it will become unstoppable .
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high...
NSE:TATACONSUM a less known company with well known products like TATA salt, TATA tea, Tetley green tea and Starbucks and much more, have finally broken out of its triangle consolidation after 6 failed attempts in the past one year.
Fundamentally & financially strong with consistent group in revenue & profits, low dept to assets ratio, consistent dividend yield,...
NSE:OFSS is nearing triangle breakout
Entry : Conservative traders, wait for breakout with volume above average and then take position. For small SL, enter on strong close above 3180
Exit : When the setup is invalidated by false breakout, or strong close below the triangle's support line
Target : 4200, giving around 32% returns from current price of 3147.70....
Start Accumulating SAIL At CMP
PE Ratio Cooled Off to 2.4
Weak Hands Washed Out On Strong Selling Volume
China To Ease Covid Lockdown Restrictions Which Will Give Boost To Steel Sector
Education Purpose
Hello traders,
ENS with a strong potential and good fundamentals is giving breakout. don't miss out on this
check for more info in the chart
don't forget to like and share. it motivates me to post more super setups like this.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c....
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a. 25%...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a. 25% or...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a. 25% or...
With quarterly sales increasing by 42% and quarterly profit increasing by 68%, BSE:JASCH posted good set of numbers. This share gave breakout on 2nd Feb and was a buy with a stop at or below Rs.150. Within these volatile markets this share is coming back to it's buy zone again and again and trying to move up. It's still a buy with the same stop loss.
Other...
So the idea is, you can clearly see HINDUNILVR is at strong support zone of 2304 and also touching at 20 period MA and as per history trend whenever HINDUNILVR touches 20 MA it bounces back. HINDUNILVR respect 20 MA a lot (I have marked the instances on chart) but thing is previous instances were monthly candles but today its almost start of month so I think this...
