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IRCTC Long Idea......IRCTC looks good for reversal. It is forming cup and handle pattern. Currently in Handle structure. 2-3 Quaters down the line it may touch ATH. Targets are given in chart. SL for safe traders is trendline it was taking support on. Risk management is Priority. Need to consider broader market conditions before taking position as swing. I am personally going to average at horizontal support if at all it comes. NOTE : Fundamentals are good. Top line 3Y sales growth CAGR = 77% , Bottom line 3Y Profit growth CAGR = 90%. Good ROE. No peer to compare P/E as Monopoly & P/E,P/B < median I'm personally buying it whenerver falls 5-10%.
NSE:IRCTCLong
by sfk1229
Ganesh Housing, a strong contender in this bearish Market🔘Ganesh Housing Corp Ltd (NSE: GANESHHOUC) 📈 Technical Setup The stock shows resilience to the recent market fall, forming a bullish candle on strong volume. Trading above key moving averages (30 & 50 DMA), it is bouncing from critical support levels, signaling potential strength. Trade Details Entry: ₹1,368 Stop Loss (SL): ₹1,123 (-17.76%) Targets:T1: ₹1,507 (+10%) T2: ₹1,670 (+21.8%) 📊 Risk-to-Reward (R:R): ~1:1.23 Note: Lock in partial profits if the stock moves 8-10% in your favor to manage risk better. 🔘Risk Considerations ⚠️ Against the Trend: This is a counter-trend trade; if the broader market corrects further, the stock could follow and hit SL. ⚠️ Position Sizing: Strict risk management is critical; beginners should avoid it until the market stabilizes above the 200 DMA. 🔘Key Financial Ratios Liquidity Ratios: Current Ratio: 2.52 Quick Ratio: 1.51 Profitability Ratios: Return on Equity (ROE): 41.6% ROCE: 41.6 Valuation Ratios: Price-to-Earnings (P/E) Ratio: 22.6 Price-to-Sales (P/S) Ratio: 7.68 📢 Disclaimer: This analysis is for educational purposes only. Consult your financial advisor before making investment decisions.
NSE:GANESHHOULong
by sagartharayil
Tips is at a Support Level. Watch for long opportunities. Observations: Fundamentally decent. Now at a support Zone and bouncing. Wait for the entry to trigger. Could add small quantity for long term. Entry Point:Marked at 741.40, indicating the suggested level to enter the trade. Stop Loss (SL):Marked at 660, specifying the maximum acceptable loss for the trade. Targets:T1: Around 902.35. T2: Around 947.80. These indicate the levels where you may consider booking profits. ⚠️We are trading against the trend. Please keep that in Mind. Risk management is the key. This is not a financial advise. Chart shared only for educational purposes. Potential Scenarios: The price could:Move up toward the target levels (bullish scenario). Revisit the stop-loss zone or continue downward (bearish scenario). Strategy: Bullish Outlook:If the price breaks above 741.40 with good volume, it could move toward the first target. Bearish Outlook: If the price closes below the 660.00 stop-loss level, exit to prevent further losses.
NSE:TIPSMUSICLong
by sagartharayil
Astec Life Early Signs of ReversalNSE:ASTEC Early Signs of Reversal can be seen, Buy When 200 DSMA is closed below CMP and Keep 10 DSMA or S1 as Stop With Target of R1 and R2. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:ASTECLong
by Karanshah137
Technical Analysis for Aurobindo Pharma (AuroPharma): Trade Type: Swing trade for 1 month Key Signals: Waiting for breakout Near support zone and 200 DEMA RSI bullish divergence observed, signaling potential upward momentum Targets: Target 1: ₹1396 Target 2: ₹1515 Monitor closely for breakout confirmation. Ensure risk management by planning an appropriate stop loss. 📌 Disclaimer: This analysis is for educational purposes only and not investment advice. Please consult a financial advisor before making any trading decisions. #AuroPharma #AurobindoPharma #TechnicalAnalysis #RSIDivergence #SwingTrade #200DEMA #SupportZone #BreakoutTrading #StockMarket
NSE:AUROPHARMA
by hunterhunt777
1
HINDALCO 10R probable trade set upThe short-term price action for Hindalco appears to be positive, with some bullish indicators: The stock is trading above its 20-day Simple Moving Average (SMA) of 657. The price is in the upper range of the Bollinger Bands, suggesting strong momentum. The MACD has generated a buy signal, although it is initial and weak. The CCI (Commodity Channel Index) has generated a strong buy signal. However, there are also some cautionary signs: The RSI is generating a sell signal in the short term. Volume-based indicators are showing selling momentum. Medium-term Outlook The medium-term analysis reveals a more complex picture: The stock is trading slightly above the 200-day Moving Average, around 6521. The zone between 652-620 is considered a crucial demand area. The RSI on the daily timeframe shows early signs of reversal, suggesting potential bullish momentum. Key Levels to Watch Resistance: A critical resistance level is identified near 715. Breaking above this level could negate the existing negative trend and confirm a reversal. Support: The 652-620 range is an important support zone. Maintaining a position above this range is crucial to prevent further selling pressure1. Options Data The Put-Call Ratio (PCR) for various strike prices indicates: For the 630 strike, the PCR is 3.58, suggesting more put options are being traded relative to call options. Higher strike prices (710, 720, 750) show lower PCR values, indicating less bearish sentiment for those levels.
NSE:HINDALCOLong
by KamalKJoshi
From Novice to Pro: Navigating Support & Resistance Like a BossGreetings to all. I trust that you are all thriving in both your personal lives and trading endeavors. Today, I present educational content aimed at understanding the concepts of support and resistance in chart analysis. Support and resistance are key concepts in technical analysis used to identify potential price levels where an asset's price might reverse, stall, or consolidate. They are often visualized on a price chart and are critical for traders making decisions about entry, exit, and stop-loss levels. 1. Support: Definition: Support is a price level at which a downward trend may pause or reverse due to a concentration of buying interest. Why it works: Traders perceive this level as a "bargain," increasing demand and preventing further price drops. Visualization: On a chart, support levels often appear as a horizontal line or a sloping line below the current price where previous price action reversed or consolidated. Breakthroughs: If the price breaks below a support level, it may indicate a continuation of the downtrend. 2. Resistance: Definition: Resistance is a price level where an upward trend might pause or reverse due to selling pressure or profit-taking. Why it works: Traders perceive this level as "expensive," reducing demand and increasing selling activity. Visualization: On a chart, resistance levels are horizontal or sloping lines above the current price where the price struggled to move higher in the past. Breakthroughs: If the price breaks above a resistance level, it may indicate the start of a new upward trend. Common Characteristics of Support and Resistance: Role Reversal: Once a support level is broken, it often becomes a new resistance level, and vice versa. Psychological Levels: Round numbers (e.g., $50, $100) often act as strong support or resistance due to psychological significance. Volume Confirmation : High trading volume near these levels reinforces their strength. Types of Support and Resistance: Horizontal Lines: Based on past price action. Trendlines : Diagonal lines formed by connecting higher lows (support) or lower highs (resistance) in a trend. Moving Averages: Dynamic levels that adjust with price movement, often acting as support or resistance. Fibonacci Retracement: Levels based on mathematical ratios indicating potential reversal zones. How to Use Support and Resistance: Entry Points: Buy near support levels or after a breakout above resistance. Exit Points: Sell near resistance levels or after a breakdown below support. Risk Management: Place stop-loss orders just below support (for long positions) or above resistance (for short positions). Today, I decided to share some educational content, as my previous posts have primarily focused on trade ideas. I hope that you all would find this educational material valuable and engaging. If you appreciate this type of content, I encourage you to show your support by liking this post and following me for more educational insights in the future.
NSE:ASKAUTOLTDEducation
by TraderRahulPal
2
Range bound breakout in Bharti HexaNSE:BHARTIHEXA A range-bound ATH breakout is about to happen in the daily time frame. There can be 2 possibilities for the breakout:- It will straightway go for the breakout with some retracement It can touch its previous support of 1300 & then bounce back to try for the next time. Buy only after a strong confirmation with a strong bullish candle with a smaller wick between the range 1560-1580 Tgt for at least 200 points within 3-5 months. Put a stop loss of recent swing or calculate the basis Risk: Reward Ratio.
NSE:BHARTIHEXALong
by Saket_Ojha
TEXRAIL: Technical Signals Point to 20% PotentialThe chart provides a comprehensive overview of the key breakout levels and potential upward movement scenarios. symmetrical triangle Breakout RSI is above 60 and showing an upward trend Surpass the hidden resistance and establish it as support Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
NSE:TEXRAILLong
by NiftyNotion