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Supply_and_demand

Crude WTI currently on Support Zone Crude WTI currently on support zone and for the starting of session may be we can see pullback to resistance zone , it faces high rejection in last session and currently roaming on a zone of support , we can see a pull back to 74.800-900 range and if it breaks then it may goes to Resistance from here may be it can try to break resistance zone but if it lags in pullback and goes below support zone we can see the dip of atleast 2 to 3% easily before the closing.
FX:USOIL
by NobleFalcon
LICI (pitchfan tool)LICI 6 month breakout with stock made ATH . The chart shows the price movement of Life Insurance Corporation of India (LIC) on a daily timeframe. Here’s the analysis for swing and long positions: The chart displays several trendlines which show the stock's downward and subsequent upward movement. The breakout above these trendlines indicates a shift from a bearish to a bullish trend. Support and Resistance: Support Levels: Around 950 and 1100. Resistance Levels: Immediate resistance around 1200. Volume Analysis: Increased volume at the points where the price has moved upwards from the demand zone indicates strong buying interest at these levels. Breakout Confirmation: The stock has broken out above the trendline resistance and is showing strong momentum upwards, indicating potential for further gains. for Swing Trading Entry Points: 1) Breakout Confirmation: Consider entering a long position on a confirmed breakout above the immediate resistance level (1200). Ensure the breakout is accompanied by strong volume to confirm the strength. 2)Pullback to Support: If the price pulls back to the previous support level around 1100, consider entering a long position with a confirmation of a bounce back. Targets: 1) Primary Target: Around 1300. This can be a target for taking partial profits or setting a trailing stop-loss. 2)Secondary Target: Around 1400. If the stock shows strong upward momentum and volume sustains, aim for this higher target. Stop-Loss: 1) Initial Stop-Loss: Place a stop-loss just below the support level around 1100 to manage risk in case the price moves against the trade. 2) Trailing Stop-Loss: As the price moves in your favor, use a trailing stop-loss to lock in profits and minimize risk. Market Conditions: Keep an eye on broader market trends and news that might affect the stock price. for MORE check in my Tv-id " in.tradingview.com " If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its. "Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
NSE:LICILong
by asAMOLSUTAR
4
NATCOPHARM - CUP AND HANDLE FORMATION (BO FROM SUPPLY ZONE)Hi All, This idea is about Natco Pharma Fundamentals Market Cap - 21712 Cr Stock PE - 15 ROE - 25.9% ROCE - 30% Promoter Holding - 49.7 Quick Ratio - 3.42 D/E - 0.06 NATCO Pharma Limited (NATCO) is a vertically integrated, research and development focused pharmaceutical company engaged in developing, manufacturing, and marketing complex products for niche therapeutic areas. Technicals Since May 21, NATCO has formed a complete CUP and HANDLE formation on weekly chart and has now sustained the breakout for over 2 weeks. The earlier supply zone is now acting as demand zone indicating positive price action. This is for mid/long term investors only Hope you enjoy the idea, Happy Trading, Thanks, Stock-n-Shine
NSE:NATCOPHARMLong
by Stock-n-Shine
2
ANTONY WASTE - RISING WEDGE FOLLOWED BY FALLING WEDGE (BO)Hi All, This idea is about Antony Waste Handling Cell Ltd Fundamentals Market Cap - 1419 Cr Stock PE - 16.5 ROE - 16.3 ROCE - 13.9 Promoter Stake - 46.1 Quick Ratio - 1.3 D/E - 0.78 Antony Waste Handling Cell Ltd is engaged in the business of mechanical power sweeping of roads, collection and transportation of waste, waste to energy project and undertake the designing, construction, operation and maintenance of the integrated waste management facility in Kanjurmarg, Mumbai. Technicals Since June 23, the price action followed a rising wedge & then the pattern changed to falling wedge since Feb 24. With the Daily price action it seems to be coming out of falling wedge formation & developing a new pattern Immediate targets are marked as T1 and T2. Would suggest the price to rise atleast 3% post closing to confirm the continuation. Happy Trading, Thanks, Stock-n-Shine
NSE:AWHCLLong
by Stock-n-Shine
RKEC - DOUBLE BOTTOM FORMATION WITH A BREAKOUTHi All, THis idea is about RKEC Projects Ltd Fundamentals Mkt Cap - 308 Cr Stock PE - 15 ROE - 12.5% ROCE - 15.5% Mkt Cap/Sale < 1 D/E - 0.83 Quick Ratio - 1.09 RKEC Projects Ltd is in the business of Civil and Defence Construction Technical Analysis As the chart depicts, the price went for a double bottom formation and give a contraction of more than 70% while forming both bottoms. It has given a successful breakout and first resistance has been marked. This trade can continue till next results as it could give a surprise being in a sector which is having strong tail winds. Happy Trading, Thanks, Stock-n-Shine
NSE:RKECLong
by Stock-n-Shine
2
SUNTECK - EXCELLENT SETUP (MULTIYEAR BREAKOUT)Price Action has gone through multiple contractions since 2019 and is now poised to breakout of a major supply zone. Though Price action has broken the barrier, will still wait for a day to confirm a true breakout First contraction was close to 72%, followed by 50% during 2023 & finally reduced to 28% before giving a breakout. Squeeze kept getting tighter for each consecutive contraction which is a very positive sign. Even Volume support seems to be present along with Sectoral Tailwinds behind Real Estate
NSE:SUNTECKLong
by Stock-n-Shine
8
WELCORP - CLEAN BREAKOUT OUT OF DARVAS BOXHi All, This idea is about Welspun Corp Ltd FUNDAMENTALS Mkt Cap - 17161 Cr Mkt Cap/Sales - 0.99 P/E - 15.5 P/BV - 3 FCF - 1022 Cr D/E - 0.35 Promoter increase thr stake by 0.18% ROE - 21% ROCE - 21.6% Technicals Price has been consolidating within a range of 25% and has now given a decisive breakout above the supply zone. There was a mid resistance as well which was broken with good volumes Hope you have a profitable trade, Thanks, Stock-n-Shine
NSE:WELCORPLong
by Stock-n-Shine
4