Swing
SWING trade - Equitas Trendline Breaks and Retest.. on daily TFCan Buy @CMP or wait for 105 - 106 level to enter , Target should be 118 - 120 , SL - Daily candle Closing Below 100 or Below Treadline.
RSI - crosses 60
Thank You.
Navin Fluorine Int : +11% Upside Potential17 Nov 2022 Navin Fluorine Int
After a strong BO in Aug 22, the stock was in a range for 4 odd months. Now, stock shows some sign of BO from the previous LH/TL.
Summary
- Stock bounced from the VAH zone
- 4 months of accumulation
- Inv Head and Shoulder pattern(Confirmed BO)
Conclusion
- CMP 4595
- 3% Test position can be initiated
- Rest Qty can be planned on RT of TL
- Higher targets could be around
o Short Term – 4746/5055
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Kotak Mah Bank : +17% Upside Potential16 Nov 2022 11:22hrs Kotak Mahindra Bank
A complete year of consolidation is witnessed in the stock, now the stock shows some sign of BO.
Summary
- Stock shows a BO from the VAH zone
- 1 year of accumulation
- Approaching major resistance place around 2000 levels
- Head and Shoulder pattern(Awaiting BO)
Conclusion
- CMP 1962
- Trade can be planned on BO/RT of 1990-2000 zone
- Higher targets could be around
o Short Term - 2047-2126
o Mid to Long Term - 2211-2275-2323
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Gabriel India : +76.67% Upside PotentialNice BO with Above average volume, Gabriel India looks strong for higher targets mentioned on the chart.
First profit booking to be done near parallel channel top, on the first sign of weekness
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
BHARAT FORGE --SWING TRADEBHARAT FORGE 15 MIN CHART --SWING TRADE
1. As per 15 min chart trendline breakout seen on chart , swing trade can be taken above 858 level for target 875 - 890- 900 level short term
2. trix line shown positive crossover at current level , for confirmation of trade initiate BUy when 15 min candle close above 855
3 Stop loss can be place bellow trendline support at 835
4 for educational purpose ..trinagle breakout, double top , double bottom formation of same chart shown .
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk .!!''
HAPPY TRADING, !!
Swing Trade Idea in WIPRO
Information Technology
IT Services & Consulting
Largecap
With a market cap of ₹2,12,903 cr, stock is ranked 27
Current price is less than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer:- I am not a SEBI Research analyst so before investment please call to your investment advisor.
Linc : +42%-162% Upside PotentialLinc : +42%-162% Upside Potential
After a long consolidation period stock BO with huge volume
Levels & Logic mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
AUDUSD bulls flex muscles but 0.6530 holds the gateAUDUSD retreats to the upper line of a one-month-old symmetrical triangle. However, the RSI (14) suggests that the bulls are running out of steam. As a result, the upside momentum appears doubtful unless witnessing a successful break of the 0.6480 hurdle. Even so, multiple hurdles surrounding the 61.8% Fibonacci retracement level of the pair’s downside between September 20 and October 13, around 0.6530, appears as the key resistance to watch for a better view. If the quote manages to stay beyond 0.6530, the odds of a run-up towards 0.6570 and then to 0.6655-60 can’t be ruled out.
Meanwhile, pullback moves remain elusive unless staying beyond the 200-SMA level surrounding the 0.6400 threshold. Following that, 0.6365 and 0.6345 levels can entertain the AUDUSD bears. It should be noted, however, that the aforementioned triangle’s support line, close to 0.6290 at the latest, will be crucial to follow afterward. In a case where the pair successfully breaks the 0.6290 support, it becomes vulnerable to refreshing the yearly low, currently around 0.6170.
Overall, AUDUSD lures buyers but confirmation is necessary before taking a long position.