HUL at a Very Important Demand ZoneHindustan Unilever is at an extremely important Weekly Demand Zone. One can make long positions for a target of upper range of the consolidation with minimal stop loss.
Stop Loss: SL has to be below 2,390
Entry: Entries can be made around 2,440 - 2,450
Target: 2,700+
Swingsetup
KOTAK BANK Near Strong Demand ZoneKotak Bank is very close to a Strong Demand zone. Everytime the stock has approached this level it has given a decent upmove of around 18-20%.
Stop Loss: SL has to be a strong candle close below the zone marked on chart
Entry: Entries can be made around 1,640 - 1,650
Target: 2,000+
TCS Long OpportunityTCS is at a crucial trendline and can be a good risk taking zone for a Long Trade. The stock has support of trendline as well as the sloping 50 DMA. This confluence of support gives more confidence.
Stop Loss: SL has to be a strong candle close below 3,450
Entry: Entries can be made after a show of strength on good volume
Target: Previous swing high i.e. 3,660++
ICICIBANK Long Opportunity (Inverted HnS formation)ICICIBANK is forming an Inverted Head and Shoulder pattern on hourly timeframe. The stock has bounced off it's lower longterm trendline and now has formed a range. We can expect the price to test the ATH Levels after breakout. Above this level, the stock will also cross above 50 MA on Daily timeframe so that gives more confidence.
Stop Loss: SL for this trade has to be 936
Entery: Entries can be made once the price crosses and closes above 962 at least on a 30 min TF. You can also wait for retest of the resistance for better risk reward.
Target: Targets can be 1000+ & New ATH
Antony waste AWHCL Swing/Positional AWHCL Prediction for Swing/ Posional Trading
First breakout at entry 1 level. Entry 1 level has retested. You can enter into trade above Entry 2 (505) or at CMP according to intraday level . You can buy more at Entry 1 level if there will a bullish signal after retesting the breakout level.
Sls-385,369,357, or according to you RRR.
Targets- 427,449,472,495,518,540,563,587, …….. (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer :
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About AWHCL –
Antony Waste Handling Cell Ltd. engages in the provision of solid waste management services. Its services include waste collection and transportation, mechanized and non-mechanized sweeping, waste processing and treatment, and waste to energy. The company was founded by Jose Jacob Kallarakal on January 17, 2001 and is headquartered in Thane, India.
LEMONTREE: Riding the Upward Wave 🔥Lemon Tree: Ascending Triangle Breakout 🚀
Lemon Tree, a major player in India's hotel industry, is making waves. 🏨🌟
📈 Technical Analysis:
The stock is exhibiting an ascending triangle pattern breakout, indicating a potential bullish move ahead. This formation suggests that the upward momentum could continue, presenting a trading opportunity.
🔍 What's Happening:
Lemon Tree, known for its hospitality excellence, is riding on positive sentiment. The ascending triangle breakout could signal a further rise in stock value.
📊 Trade Idea:
Consider a long position in Lemon Tree with appropriate risk management strategies. Keep an eye on price action and volume for confirmation.
(Note: This is not financial advice. Perform your analysis before making trading decisions.)
Stay tuned for more trade ideas and insights! 📈🔍
#TradingView #StockAnalysis #LemonTree #TradeIdeas
RELIANCE CONFLUENCE SUPPORT ZONERELIANCE is at a confluence support zone and can be a good opportunity for a long trade. Stock has a valid support of 200 DMA and previous breakout zone, so a long trade can be initiated with a minimal stop loss. Entries can be made on show of strength (Strong wide range daily candle with good volumes) or above 2,380 for safer players. Stop loss should be a candle close below 2,260. Targets can be 2,600+ & all time highs
DCM Swing/Positional DCM Prediction for Swing/ Posional Trading
First breakout at entry 1 level.Then gap up opening & moving upward direction. Structure break at 88. This level can be retest.
You can enter into trade above Entry 1 after retest or Entry 2 level (100) daily close basis or CMP according to intraday level. You can buy more at 88 level if there will a bullish signal after retesting the breakout level.
Sls-83,80 or according to you RRR.
Targets- 104,108,112,116,120,125,129,133,137,141,145,149,152,158,…….. (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About DCM –
DCM Ltd. operates as a holding company, which manufactures cotton yarn, other iron, and steel casting and products. It operates through the following business segments: Textiles, Information Technology Services, Real Estate, and Grey Iron Casting. The Textiles segment manufactures yarn. The Information Technology Services segment provides information technology infrastructure service. The Real Estate segment develops real estate properties. The Grey Iron Casting segment manufactures grey iron casting. The company was founded by Lala Shridhar on March 26, 1889 and is headquartered in New Delhi, India.
L&T Finance Holdings Ltd Swing/Positional L&T Finance Holdings Ltd Prediction for Swing/ Posional Trading
You can enter into trade above Entry 1 level (133.5) daily close basis or above Entry 2 level (136) or at CMP.
Entry 1, 132,130,128 levels can be retest.
SLs- Below 128 , 124.5, 123.. Below day closing
Targets- 139,143,147,150,154,158,162,166,170,… (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About L&T Finance Holdings Ltd. –
L&T Finance Holdings Ltd. is a non-banking financial company, which engages in the provision of financial products and services across retail, corporate, housing, and infrastructure finance sectors. It operates through the following segments: Rural Finance, Housing Finance, Infrastructure Finance, Defocused Business and Others. The Rural Finance segment comprises of farm equipment finance, two wheeler finance, and micro loans. The Housing Finance segment includes home loans, loan against property, and real estate finance. The Infrastructure Finance segment comprises of infrastructure business. The Defocused Business segment consists of structured corporate loans, debt capital market, commercial vehicle finance, construction equipment finance, SME term loans and leases. The Others segment deals in the asset and wealth management. The company was founded on May 1, 2008 and is headquartered in Mumbai, India.
Bharat Dynamics for a swingHello Traders and Investors
One consider this stock for a swing of 100 to 200 rs profit.
As you can see the history seems repeating in this stock. Probably this swing could break the high and make a new record high.
However we will keep our expectation limited as a good quality trader and investor.
I have marked the levels for reference and it is now at the support level but check at lower time frame and enter this gem at dip.
Happy investing
Thanks
GTPL FOR UPTO 50% UPSIDE MOVEInverted Head and Shoulders Breakout on GTPL Stock
Pattern Description: The Inverted Head and Shoulders pattern is a bullish reversal pattern that typically forms after a downtrend. It consists of three lows, with the middle low (the "head") being lower than the two outside lows (the "shoulders"). When the price breaks above the neckline, it signals a potential trend reversal to the upside.
Volume Confirmation:
Volume Increase: Look for a noticeable increase in trading volume when the price breaks above the neckline. This surge in volume indicates strong buying interest and adds confirmation to the breakout.
Moving Average Crossover:
Crossover: We have a bullish crossover of the 50-day Exponential Moving Average (EMA) crossing above the 100-day EMA. This crossover suggests a potential shift from a medium-term downtrend to an uptrend.
Entry Point:
Entry Price: Enter the trade on the retest of the breakout level, which is at 150. This retest can provide added confirmation that the breakout is valid.
Price Targets:
First Target: Set the first target at 190. This level represents a reasonable short-term target, and it's a common area for traders to take profits.
Second Target: Set the second target at 230. This is a higher target that allows for the possibility of an extended bullish move.
Stop Loss:
Stop Loss Price: Place a stop loss at 135. This level is below the right shoulder of the Inverted Head and Shoulders pattern and provides a reasonable buffer to protect against potential downside risk.
Rationale:
The Inverted Head and Shoulders pattern is a reliable bullish reversal pattern that suggests a shift in sentiment from bearish to bullish.
The volume confirmation indicates strong buying interest and validates the breakout.
The 50-day EMA crossing above the 100-day EMA signals a potential change in the trend direction.
Entering on the retest of the breakout level can help reduce the risk of false breakouts.
Setting clear price targets and a stop loss allows for effective risk management and profit-taking.
Trade Management:
Once the price reaches the first target at 190, consider taking partial profits to lock in gains.
Move the stop loss to break-even or slightly above to protect against any potential reversal.
Monitor the stock's performance and news that may impact the trade to decide whether to hold for the second target or exit the position.
Risk Considerations:
All trading involves risk, and there are no guarantees of profit.
Ensure that you have a well-defined risk management strategy in place.
Be prepared to exit the trade if it does not go as planned and the stop loss is hit.
Keep an eye on overall market conditions and news events that could impact the stock's price.
Remember to conduct thorough research and analysis and consider consulting with a financial advisor before making any trading decisions. Trading involves risks, and it's important to manage those risks effectively.
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The following trading idea is provided for informational purposes only and should not be considered as financial or investment advice. Trading stocks and other financial instruments involves risk, and there are no guarantees of profit. Before implementing any trading strategy, it is essential to conduct thorough research and analysis, and consider your individual financial situation and risk tolerance.