Supportandresistancezones
NIFTY IT Sector Analysis (1W TF) - 16th December 2023#NiftyIT Sector Analysis (1W TF)
Pattern: TRENDLINE BREAKOUT
- Breakout of Resistance - Done ✓
- Major Resistance Breakout - Done ✓
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia
BAJAJ FINANCE- Consistent Compounder getting ready for comeback?SYMBOL - BAJFINANCE
Bajaj Finance is one among India's the biggest NBFCs. This stock has been a consistent compounder.
This stock is currently trading in a support zone of 6500 level. This area is a major support zone for Bajaj Finance.
This is a good time to invest in it as long term investment. This stock is a blue chip compounder stock. It has made & It will make a lot of wealth to long term investors in long run.
There is also a trading opportunity. As this stock is in a good support zone, I have made a long position in far month futures today around CMP 6555. I will add more longs if getting 6500-6450 levels. My stoploss would be below 6400 & targets would be 6880-7200 & 7420.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my investment/trading position. You can track it for educational purposes. Thanks!
SYMPHONY LIMITED - Swing Trade - 23rd March #stocksSYMPHONY LIMITED (1W TF) - Swing Trade Analysis given on 23rd March, 2024
Pattern: AT WEEKLY SUPPORT
- Pullback candle at Weekly Support - Done ✓
- Strong Volume candle at Support - Done ✓
- Demand Zone Retest & Consolidation - In Progress
#symphony
PRESTIGE ESTATES - Swing Trade - 25th February #stocksPRESTIGE ESTATES (1D TF) - Swing Trade Analysis given on 25th Feb, 2024
Pattern: FALLING WEDGE BREAKOUT
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Retest & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #PRESTIGE #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
FINOLEX INDUSTRIES - Swing Trade - 25th March #stocksFINOLEX INDUSTRIES (1W TF) - Swing Trade Analysis given on 25th March, 2024
Pattern: SYMMETRICAL TRIANGLE
- Pullback candle from Lower Trendline Support - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - Done ✓
#finpipe
INDUS TOWERS - Swing Trade - 20th February #stocksINDUS TOWERS (1D TF) - Swing Trade Analysis given on 20th Feb, 2024
Pattern: RECTANGLE BOX
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #INDUSTOWERS #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
ALLCARGO LOGISTICS - Swing Trade Analysis - 23rd March #stocksALLCARGO LOGISTICS (1W TF) - Swing Trade Analysis given on 23rd March, 2024
Pattern: AT WEEKLY SUPPORT
- Pullback candle at Weekly Support - Done ✓
- Strong Volume candle at Support - Done ✓
- Demand Zone Retest & Consolidation - In Progress
#ALLCARGO #LOGISTICS