ZOMATO A CHANNEL CONSOLIDATION WILL IT BREAKOUT OR FIZZLE OUT ?Zomato Ltd. is an interesting chart in momentum with following
1. RSI on all time frames (D/W/M) above 60
2. Narrowing Bollinger Bands on daily chart with price walking near Upper Band
3. Four months long consolidation in range of 240 to 295 zone
4. ABCD pattern under formation on weekly chart
5. Major Price Supports as under:
20 SMA (daily ) 263
50 EMA (daily ) 264
20 SMA (weekly) 261
with cluster of supports in range of 260-264 can be a good risk reward trade. Fibonacci projection tool projects targets of 333 and 358 Lets see if it sustains the trend or fizzles out
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
Supertrend
HFCL looking good; 100% ROI possible; take a lookFundamentally good stock,
Good For short term investment in cash market'.
Leave a " Like If you agree " .👍
.
.
Entry: 110 / 105
target: 115- 125- 150 - 195
sl: 95
major stoploss / support: 90
.
.
Enter only after breaking & close above " Yellow box" mentioned.
'
'
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
.
Refer old ideas attached below
Granules is granulating the speed process #SuperChartzKey Levels:
Support: 408
Resistance 450, 520, 650
Key Drivers:
Granules India is a pharmaceutical company with a market capitalization of ₹10,876 crore. Its current stock price stands at ₹449, with a high/low range of ₹453/₹268. The stock has a P/E ratio of 27.6 and a price-to-book value of 3.65. Its EPS is ₹16.3, and it offers a dividend yield of 0.34%. The company has shown robust returns with a 16.9% return over 3 months and a 7.49% return over 3 years. Granules India maintains strong financial health with an ROE and ROCE of 19.1% and 19.4% respectively. It has a healthy current ratio of 1.35 and a debt-to-equity ratio of 0.47. The company's OPM stands at 18.3%, with sales totaling ₹4,526 crore. Granules India's enterprise value is ₹11,944 crore, with an EVEBITDA of 14.3 and a CMP/FCF of 76.8. Overall, Granules India demonstrates solid financial performance and stability in the pharmaceutical industry.
Nifty 50: Supertrend Bullish SignalHello everyone,
The Pro Supertrend Calculator confirms a bullish trend for the Nifty 50, and here is the underlying analysis. When we observe a sequence of 35 consecutive periods above the Supertrend line, a robust signal emerges. Out of these 40 instances, prices were above the line 70 times and below only 39 times. It's not just a series of numbers; rather, it's a dynamic representation of the market's evolution.
Now, let's delve into the technical aspect without veering into informal terms. The Supertrend, in its calculation, relies on a meticulous analysis of trends and volatility, adjusting its trajectory based on market developments.
Currently, the Supertrend paints a bullish outlook for the Nasdaq with a confirmed probability of 63%. To clarify, it's not just a line on the chart; it's an intelligent guide amidst the trading tumult. As we navigate this bullish wave, may you find in the Supertrend a reliable ally, guiding us toward successful transactions and substantial profits.
To your success in trading and best wishes!
TATA Chemicals: Bracing for a Potential Trend Reversal !TATA Chemicals has been showing signs of a potential trend reversal in recent days, as the stock price has been trading within a tight range and forming a bullish pattern. The market trend analysis suggests that the stock has been consolidating after a prolonged downtrend, indicating a possible shift in sentiment. The price action of TATA Chemicals has also been showing a higher likelihood of a breakout to the upside, as seen in the series of higher lows and higher highs forming on the charts. Furthermore, the technical indicators such as Moving Averages, Relative Strength Index (RSI) and the MACD have been signaling a bullish bias, with the RSI breaking above the 50 level and the MACD line crossing above the signal line. These indicators provide additional confirmation of the potential trend reversal, making TATA Chemicals an attractive prospect for traders who are looking for a potential buying opportunity.
Zydus Life – Cup and Handle BreakoutKey Points:
- Bullish cup and handle patter with potential of 23% rise from current price
- Resistance breakout @ 474
- RSI near to cross 70
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Volume above average
- Super trend is possitive
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Bandhan BankBandhan bank gives a bullish signal today due to following reasons.
1. crossed and closed above @ 289.45 which is a resistance for last 2 months
2. on daily basis, closing price touched upper line of bollinger band, which is usually a bullish sign.
3. Supertrend likely to change its trend.
4. keeping a stoploss as a support.
INFY more downside below 1518- Intraday LevelsIf INFY crosses below 1518 on Monday then a spectacular fall would be seen after a sweet pullback to one of the 10,20 or 50 EMA trending downwards.
The supertrend is also showing bearish signals.
As visible on the charts, the 10 EMA has crossed the 20 EMA , looking at the direction, a fall is expected as the trendline is also broken on the downside.
BANKNIFTY more downside below 35174- Intraday LevelsIf BANKNIFTY crosses below 35174 on Monday then a spectacular fall would be seen after a sweet pullback to one of the 10,20 or 50 EMA trending downwards.
The supertrend is also showing bearish signals.
As visible on the charts, the 10 EMA has crossed the 20 EMA , looking at the direction, a fall is expected as the trendline is also broken on the downside.
NIFTY more downside below 16568- Intraday LevelsIf NIFTY 50 crosses below 16568 on Monday then a spectacular fall would be seen after a sweet pullback to one of the 10,20 or 50 EMA trending downwards.
The supertrend is also showing bearish signals.
As visible on the charts, the 10 EMA has crossed the 20 EMA, looking at the direction, a fall is expected as the trendline is also broken on the downside.
DELTA CORP (Swing Trading Setup)
Buy Above Resistance Breakout
TimeFrame(for Entry & Exit & SuperTrend) :- 1 Hour TF
SuperTrend Settings ( Length 10, Factor 3 )
Initial Stop-Loss Below SuperTrend & Trail Stop-Loss with SuperTrend
Exit When Hourly Candle Close Below Super Trend
Use Very Less Capital So that Even If Stop loss Hit your Emotions Doesn't hit you
Date :- 23-01-2022
Momentum in VIVIMEDLABMultiple indicators are showing Bullish signs. Hilega Milega is Bullish. Supertrend is Bullish. Relative Strength is increasing as well.
ENDURANCE (Swing Trading Setup)
Buy Above TrendLine ( Already Breakout Happen )
TimeFrame(for Entry & Exit & SuperTrend) :- Hourly
SuperTrend Settings ( Length 10, Factor 3 )
Intial Stop-Loss Below SuperTrend & Trail Stop-Loss with SuperTrend
Exit When Hourly Candle Close Below Super Trend
Use Very Less Capital So that Even If Stop loss Hit your Emotions Doesn't hit you
Date :- 16-01-2022
UNIVPHOTO (Swing Trading Setup)Buy Above TrendLine ( Above 700 )
Chart Timeframe :- Hourly
SuperTrend Timeframe :- Hourly
SuperTrend Settings ( Length 10, Factor 3 )
Intial Stop-Loss Below SuperTrend & Trail Stop-Loss with SuperTrend
Exit When Hourly Candle Close Below Super Trend
Use Very Less Capital So that Even If Stop loss Hit your Emotions Doesn't hit you
Date :- 12-01-2022
StableF-Main and stableF-AdxPLot StableF-Main By E-nifty and StableF-ADx BY Enifty and Recommended timeframe for intrady is 3min or 5 min
Other than trading view You can use stableF-main as supertrend and stablef-adx as adx and dmi with below settings
stableF-main==>Use defalt settings i.e atr=23 and factor=2.7 or use atr 35 and factor 2.5 (for other than trading view supertrend)
stableF-adx==> use setting adx 7 and Dmi 14 (for other than trading view Normal adx)
BUY==> When StableF-main or Supertrend Provide BUY signal and below conditions must meet
1 => adx above 25 and IT shown with label as strong Trend
2 => +Dmi is above -Dmi
3 => and +Dmi is above 25
stoploss=StableF-main or Supertrend dotted line which is below the price
target= 1:1 or Blue crosses
Sell==> When StableF-main or Supertrend Provides Sell signal and below condition must meet
1 => adx above 25 and IT shown with label as Strong Trend
2 => -Dmi is above +Dmi
3 => and -Dmi is above 25
stoploss= StableF-main or Supertrend dotted line which is above the price
Target= 1:1 or Blue crosses