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Perfect swing or positional trade setup in Kotak Mahindra BankHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought very short term trading analysis in banking stock, stock name is Kotak Mahindra Bank and now it is trading at 1773, i drawn a trendline which called upward support trendline and i found that Kotak mahindra bank is just trading at near to that trendline support range, so i am expecting that it should take a perfect support at these levels and then it shoud fly towards 1850/1890 levels. Reason for this target is previous swing which is almost equal to 6%, so i am expecting same targets as positional where probability is high we can get these levels in next 5-7 trading sessions. 1st and 2nd target can come within today or tomorrow. So go with given levels, please follow strict stop loss because if something goes against to our analysis it will protect us from huge losses. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
NSE:KOTAKBANKLong
by TraderRahulPal
Neat & Clean Rectangle Pattern Breakout seen in Top Cement StockHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought another stock which has given Near and Clean Rectangle pattern breakout. Stock name is UltraTech Cement and it is engaged in the manufacturing and sale of Cement and Cement related product primarily across globe. Okay guy's let's learn something very important about this pattern: Q:- What is Rectangle Pattern and How to Use Rectangle Chart Patterns to Trade Breakouts? Rahul:- A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels. A rectangle exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated. The price will “test” the support and resistance levels several times before eventually breaking out. From there, the price could trend in the direction of the breakout, whether it is to the upside or downside. we can clearly see Above in Ultratech chart that the pair was bounded by two key price levels which are parallel to one another. So, Traders, i hope you Guy's have learned today how to Trade Rectangle Pattern, but Mates We just have to wait until one of these levels breaks and go along for the ride! Remember , when you spot a rectangle: THINK OUTSIDE THE BOX! That's it. Market Leadership The company is the 3rd largest cement company in the world, excluding China. It is also the largest cement manufacturer in India with a 22% share of the grey cement capacity. Let's discuss some fundamentals - D/E is 0.17 - Interest Coverage ratio 10.73 is higher than last year's Interest Coverage Ratio 10.01 - D/E 0.17 has reduced as compared to last year's D/E 0.18 - ROCE is 15.42% - ROCE 15.42% has increased as compared to last year's ROCE 13.2% - ROE is 12.25% - ROE 15.42% has increased as compared to last year's ROE 13.2% - ROCE 15.42% is higher than 5 years ROCE average 14.02% - Operating Profit Margin (EBITDA Margin) is 18.29% - Operating Profit Margin (EBITDA Margin) 18.29% has improved as compared to last year's OPM 16.79% - NPM is 9.88% - Net Profit Margin (PAT Margin) 9.88% has improved as compared to last year's NPM 8.01% - Company has a negative Cash Conversion Days of -188.47 - Annual Sales has grown by 12.13% - Annual Profit has grown over by 38.33% - 3 Years Sales CAGR is 18.67% - Retail/Public have reduced their stakes by 0.32% in the latest quarter (14.4% to 14.08%) - Promoters + FIIs + DIIs hold 92.01% in the company Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
NSE:ULTRACEMCOLong
by TraderRahulPal
BLUEDART - A must watch long term portfolio stock!MONTHLY TF VIEW: Price Observations: 1. Good Volume support 2. Price structure is bullish 3. Reclaiming 9 years BO level 4. Bouncing from Monthly swing 50% fib level. 5. Bouncing from the Weekly Demand zone 6. Earnings are showing good growth as well. Trade Plan: 1. Entry can be planned above 7900 with 15% Sl 2. Targets can be huge 14000 I'm expecting not immediately but eventually will reach there. Since it is a portfolio pick. For swing trade 9000 & 10000 can be considered as the TP levels - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:BLUEDARTLong
by SuperNova396
pel swing trade for 2 monthsChart Pattern: Breakout of Inverted Head & Shoulders Volume: Strong, confirming breakout Risk-Reward Ratio: Favorable Trade Type: Swing trade for 2-3 months Entry Strategy: Buy after breakout confirmation Stop Loss (SL): ₹1050 Target: ₹1570 Monitor volumes and price action to confirm continuation. Adjust stop loss as the trade progresses. #PEL #TechnicalAnalysis #InvertedHeadAndShoulders #BreakoutTrading #SwingTrade #StockMarket #RiskRewardRatio #TradingStrategy
NSE:PELLong
by hunterhunt777
Technical Analysis for Hindustan Aeronautics Limited (HAL): Technical Analysis for Hindustan Aeronautics Limited (HAL): Trade Type: Swing trade Key Levels: Last Support: Holding strong support Trendline Breakout: Confirmed Reversal: Bouncing off the 200 DEMA Nearby Fib Level: Close to the 61% Fibonacci retracement level Entry Strategy: Good risk-to-reward setup Stop Loss (SL): ₹3896 Targets: Target 1: ₹5655 Target 2: ₹6664 Monitor price action and volume closely for confirmation. Adjust stop loss and strategies as the trade progresses. #HAL #TechnicalAnalysis #SwingTrade #TrendlineBreakout #Fibonacci #StockMarket #TradingStrategy #RiskRewardRatio
NSE:HALLong
by hunterhunt777
Swing Current Price: The stock is trading at ₹4,469.65, up ₹235.50 (5.56%) for the day, indicating strong bullish momentum. Trendline Breakout: The stock has broken out of a downward-sloping trendline (orange line), suggesting a reversal of the recent downtrend. Support Levels: Strong support exists at ₹3,879.00 (blue horizontal line), which has held multiple times during previous pullbacks. Targets: 1st Target: ₹4,914.70 (green horizontal line), representing the next resistance zone. 2nd Target: ₹5,559.40 (black horizontal line), a higher resistance level and potential target. Volume Analysis The breakout is supported by increasing volume, which strengthens the case for bullish continuation. Conclusion Bullish View: The breakout from the trendline with strong volume indicates that the stock might move toward its 1st target of ₹4,914.70 and potentially to ₹5,559.40 if momentum continues. Bearish Risk: A failure to sustain above the breakout level could lead to a retest of the ₹3,879.00 support. This chart suggests a bullish trend with clear targets for traders to watch.
NSE:MAZDOCKLong
by iamsaurabh533
Swing1.Current Price: The stock is trading at ₹307.35, up ₹9.45 (3.17%) for the day. Trendline Breakout: A downward sloping trendline (orange line) connecting recent lower highs was broken on the upside. This indicates a potential trend reversal to the upside. Resistance and Support: Resistance: The stock has crossed the immediate resistance level of ₹302 (blue line). Sustaining above this level could signal further bullishness. Support: A key support zone is visible at ₹266.65 (orange horizontal line), which acted as a strong floor during pullbacks. 2. Volume Analysis The volume at the bottom of the chart indicates significant participation during the breakout. Increased volume during an upward move confirms the strength of the breakout. 3. Candlestick Pattern Recent bullish candles with higher closes and increased volumes signal strong buying interest. There is no major bearish candlestick that would currently negate the breakout. 4. Possible Scenarios Bullish Case: If the stock sustains above ₹302, it can aim for higher targets, with next resistances possibly in the ₹320-330 range based on past price levels. Positive sentiment in the defense sector, along with Bharat Electronics' leadership in electronic and defense equipment manufacturing, supports the bullish case. Bearish Case: If the stock fails to sustain above ₹302, it could revisit support levels near ₹266, which is a critical level for bulls to defend. 5. Conclusion This chart suggests that BEL has entered a bullish phase after breaking out of its consolidation and downtrend. The breakout above ₹302, supported by strong volumes, indicates a higher probability of an upward trend continuation. Short-term traders can watch for further confirmation of the breakout, while long-term investors might consider accumulating on dips given the company’s strong fundamentals in the defense sector.
NSE:BELLong
by iamsaurabh533
Swing Trade Idea in Murugappa Group stock | 30% upside possible.Hello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a stock name is Cholamandalam investment and finance ltd, which is belong from Murugappa Group, a prominent Chennai-based conglomerate founded in 1900. It is one of the premier diversified non-banking finance companies in India, engaged in providing vehicle finance, home loans and Loan against property. Stock has almost taken support from important support zone, i feel this should fly now towards 1500+ levels within 1-3 months timeframe. I have positive view in banking and non banking finance company atleast for near term, chart is really looking good from here, so there is higher probability that we are gonna to see good momentum in it. For short term i have written all the levels on chart you can follow. Stock is really good for long term as well and it is giving good entry levels as well on discounted price. So if anybody wants to decide and go for long term investing can go from here... Fundamentals:- Market Cap ₹ 1,01,590 Cr. Current Price ₹ 1,208 High / Low ₹ 1,652 / 1,011 Stock P/E 26.4 Book Value ₹ 255 Dividend Yield 0.17 % ROCE 10.4 % ROE 20.2 % Face Value ₹ 2.00 Industry PE 23.1 Debt ₹ 1,57,943 Cr. EPS ₹ 45.9 Promoter holding 50.2 % Intrinsic Value ₹ 700 Pledged percentage 0.00 % EVEBITDA 15.4 Change in Prom Hold -0.09 % Profit Var 5Yrs 23.4 % Sales growth 5Years 21.9 % Return over 5years 31.2 % Debt to equity 7.38 Net profit ₹ 3,852 Cr. ROE 5Yr 19.0 % Profit growth 27.4 % Earnings yield 6.40 % PEG Ratio 1.13 Pros:- Company is expected to give good quarter Company has delivered good profit growth of 23.4% CAGR over last 5 years Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:CHOLAFINLong
by TraderRahulPal
Hammer Candlestick Pattern on support zone in Bajaj FinanceHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a short term swing Trading Idea in Bajaj finance. Stock have formed hammer candlestick pattern on perfect support zone, Bajaj finance stock is trading inside the triangle pattern and chances are very high that we can see this towards upper resistance of triangle pattern which i plotted on chart above. Overall i feel stock should rise from here and no double over the period if we can see most awaited breakout in Bajaj Finance. Technically stock is looking good for swing trade, and also if anybody wants to think for long term can take entry as chances are high that this time after spending some time we will see finally breakout in it. Please follow strictly stop loss which i mention above on chart, it will save you if something goes against to our analysis. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BAJFINANCELong
by TraderRahulPal
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