Rategain Looks good#RATEGAIN
Utilize the dips to add this stock for positional.
Keep sl of 280 and respect it.
#vr
Swing
IDBI High risk bet
#IDBI
IDBI Bank
TOO RISKY
TOO TOO RISKY
But tempted to add it in parts with SL of 45 on WCB.
Not a short term play.
#vr
ITDC on verge of breakout
#ITDC
On verge of breakout after long long time.
Will wait for daily candle tomorrow and enter based on the momentum.
Keep on your tracking list.
#vr
SOUTHBANKSOUTHBANK:- Stock is about to give breakout after 5 years keep an eye on monthly chart
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ABCAPITAL ANALYSIS IN 4H TF28/11/2022
LONG SIDE TRADE
SWING(4H)
ABCAPITAL
CUP&HANDLE pattern brekout in 4h tf with high volume.
Risk adverser can wait for retest and risk taker can initiate the trade with buy above the high.
ENTRY-136.1
SL-128.25
TARGET-144
R:R-1:1
It is ICING ON THE CAKE if it comes to 133.5.
ABB ANALYISIS IN 1H TF28/11/2022
LONG SIDE TRADE
SWING(1H)
ABB
Triangle pattern breakout and retested in 4H TF(LOWER TRENDLINE SUPPORT IN DAILY TF)
Closed with hammer candlestick above 50 MA
Risk taker can initiate trade with trading the hammer for that:
ENTRY-3104
SL-3076
TARGET 1-3159
TARGET 2-IF TARGET 1 ACHIEVED CAN FOLLOW THE RISK ADVERSE TRADE
Risk adverser can trade the triangle pattern breakout that is retested in 4H TF for that:
ENTRY-3120
SL-3070
TARGET-FOLLOW THE ABOVE TRENDLINE
R:R-AROUND 1:2
APEX FROZEN FOODS LONG AROUND 250WAIT FOR TL TOUCH AND GO FOR BUY/LONG ON THIS very fundamentally strong stock .... 250 is going to be a major support zone and cannot be broken down easily all the best
BHEL : +67% to +239% Upside PotentialBHEL 25 Nov 2022
The stock was showing a good price action for the past couple of weeks, today BO of previous resistance TL with good volume.
In Play : HH-HL
Summary
• Clean TL BO with Vol
• Trading above VAH
• Next Resistance 108 : SH
Conclusion
• CMP 80.65
• Test Qty can be initiated
• Add to the position on RT-TL
• Higher Targets could be around
o Short Term : 102/120
o Mid/Long Term : 145-177-264
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
Big Boy Reliance : +15-24% Upside Potential25 Nov 2022 Reliance
Stock is hovering in the zone of 2500 +/-10% for the past 1 year, now showing some strength.
In Play : HH-HL
Summary
- Stock bounced from the VAH zone
- few weeks of low volume PB
- TL likely BO
- ATH is at 2856
Conclusion
- CMP 2618
- Test position can be initiated on BO of TL(as of now BO may fail : Low Volume @ TL)
- Rest Qty can be planned on RT of TL
- Higher targets could be around
• Short Term – 2757/2856/2928
• Long Term – 3038/3258(ATH @ 2856) need to see price action in the ATH zone to confirm higher targets
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
GSPL : +15% Upside Potential25 Nov 2022 GSPL
Stock BO of previous TL on 15 Nov 2022 with huge volume, after spending 2 weeks in the zone fresh BO is seen with volume, likely momentum to continue.
Summary
• BO/RT done
• Stock has shown a good support @POC around 238 zone
• 76 days of accumulation
• Fresh BO
Conclusion
• CMP 260.45
• Initiate test qty
• Higher targets could be around
o Short Term – 276/296
o Mid to Long Term – 332/379(Important resistance to watch out for 311-326)
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
Apollo Hospital : +33% Upside PotentialApollo Hospital is trading in the 700 points range for the past 3 months, now the price has further narrowed down to 300 points range, Last 2 days stock has shown above-average volume and heading towards previous strong resistance TRENDLINE from which we have witnessed multiple rejections in price.
Summary :
- 3 Months price consolidation
- Price range getting narrowed
- Healthy Bullish Candles
- Inv Head&Shoulder Pattern
- VP not supporting the bullish move(POC around 4600), NEED TO CLEAR FOR THE MENTIONED TARGET BELOW
Conclusion : Any BO above 4650 Could take stock towards 5087-5597-5965-6193
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
Bank Nifty : +500 to +900 Points Upside Potential14 Nov 2022 2113hrs
Bank Nifty Trading above the Previous ATH of 41840, now (14 Nov 2022, 21:00hrs) we can with a HH in price which is not supported by volume. We can clearly see a decline in volume and HH in price.
Summary :
Price and Volume – Divergence
VP – POC around 41300 level
Most Likely Bank Nifty is in an Ending Diagonal formation
Ending Diagonal - Last wave(Volume Favours)
Conclusion :
What Not to DO - Short Selling Index at this level is not at all a good idea(CMP 42072). A clean HH
What we can Expect – A rising Trendline(green bold line)from 40800 & 41200 levels, can be used as good support levels for the higher target of 42542 & 42976
Long for potential 500 to 900 points
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
Pudumjee gave strong breakout#pudumjee
Breakout and retest done
Will go long wish sl of 46
Safe avoid to trade as sl is big.
Also results effect will be there.
#vr
intraday, swing, short termadd this to your watchlist and wait.
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
Indoco remedies Stock : indoco remedies
Pattern : Head and Shoulder
Postion : Swing Trade
Indoco remedies forming a head and shoulder pattern and breaks a good volume and good for swing position
Healthcare global breakout #healthcare
#healthcareglobal
Healthcare global gave good breakout
Looks good to go long with sl of 290.
#vr
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
