USD/JPY 15-Minute Chart AnalysisKey Observations:
1. Trendline Break:
- The price broke the ascending trendline, indicating a potential shift in momentum.
2. Support Zone:
- The price is hovering around a key support area (156.500–156.650). If this zone fails, we could see further downside movement.
3. Bearish Setup:
- A bearish view can be taken with the stop-loss around 156.900 to 156.940 and the target near 154.03.
- This gives a favorable risk-to-reward ratio if the setup plays out.
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Trading Scenarios:
1. Bearish Continuation:
- If the price breaks below 156.500, it could confirm the bearish move towards 154.03.
- Watch for bearish momentum and volume to support the move.
2. Rejection and Reversal:
- If the support zone holds, the price might retest the resistance near 156.940 or higher, invalidating the bearish setup.
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Patience is key here; wait for clear confirmation of the breakout or rejection.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly. Happy Trading
Swingtrade
GAIL: Pullback swing trade📊 Analysis :
Price trying to structure shift from Down trend to uptrend. Taking support on 21EMA with hammer candle. looking good for bullish move.
📈 Trading Plan :
Entry: Buy above 205.75 (wait for a breakout above candle at least 15-30 min with strong volume confirmation).
Target 1: 222
Target 2: 233 and so on...
Stop-Loss: 199 (Weekly closing basis)
Will update further price direction once price starts moving in bullish direction.
This Railway stock has given Neckline breakout of W patternHello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a Railways stock which has given a breakout of W pattern. Stock name is Texmaco Rail & Engineering Ltd and it is an engineering infrastructure co. & part of the Adventz Group, The co. is involved in the business of manufacturing Rolling stock, hydro-mechanical equipment, steel castings & construction of Rail EPC, bridges, and other steel structures.
Stock is giving best discounted entry at these levels. As it has given successfully falling resistance trendline Breakout and formed double bottom kind of pattern and now price has given breakout of neckline as well, Good thing is that stock is trading above to neckline breakout. Company has got some order also worth it 140+ cr. All these parameters suggesting stock should give some positive momentum in near term. I have written all the levels on chart please go through. Overall stock is good for trading in short term and investing in long term, choice is yours.
Fundamental Ratio
Market Cap
₹ 9,155 Cr.
Current Price
₹ 229
High / Low
₹ 297 / 142
Stock P/E
44.1
Book Value
₹ 67.1
Dividend Yield
0.22 %
ROCE
10.6 %
ROE
5.71 %
Face Value
₹ 1.00
Industry PE
44.9
Debt
₹ 938 Cr.
EPS
₹ 5.25
Promoter holding
48.1 %
Intrinsic Value
₹ 62.7
Pledged percentage
0.00 %
EVEBITDA
21.2
Change in Prom Hold
0.00 %
Profit Var 5Yrs
8.85 %
Sales growth 5Years
13.5 %
Return over 5years
49.0 %
Debt to equity
0.35
Net profit
₹ 209 Cr.
ROE 5Yr
3.67 %
Profit growth
204 %
Earnings yield
4.32 %
PEG Ratio
4.98
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.
MARICO - Breakout & Retest Setup!Overview & Observation:
1. 70% Fib support zone.
2. Good volume support
3. Breakout & Retest done.
Trade Plan:
1. Eyeing 20% upside with 10% SL
2. RRR is okay, not great!
- 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
Premier Explosives : High Potential Trade#PREMEXPLN #breakout #swingtrade #momentumtrade
PREMEXPLN : Short Term (1-3 Months)
>> Piotrowski Score : 9
>> High PE Stock (can be Little Risky)
>> Good Strength & Volumes
>> Breakout Soon
>> Good Risk Reward Trade
Swing Traders can lock profit at 10% & keep trailing
Pls give a Boost & Follow us for more if u like the Analysis.
Disc : Charts shared for purely for Learning purpose, Do your own research & Consult your Financial Advisor before taking position in it.
Do add to your watchlist and observe
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.
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.
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.
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.
LINDE INDIA day timeframeLINDE INDIA day timeframe NSE:LINDEINDIA
buy this stock, but there hasn't been a green candle yet. If a strong bullish green candle forms, indicating upward momentum, i will proceed with the purchase. This will give me confidence that buyers are gaining control, aligning with my entry criteria. Until then, I'll stay cautious and observe.
flag pattern breakout Pitti Engineering has broke the flag pattern. This trade is little risky because the candle next to breakout candle has shown resistance to bulls and also the volume is very high but since it is Doji candle there is indecisiveness. To swing high in this trade entry could be made tomorrow or we can wait for this week's closing. Breakout candle has good volume.
Delhivery Stock Bullish Reversal | Double BottomDelhivery Stock Price is showing strength and retracement upto 78%. Now bullish candle is forming here since many days and todays big candle is showing momentum that now momentum can come in price, so now we can enter here at 360 our stop loss will be 325 and target420.
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
EIDPARRY GOOD BREAKOUT ON DTFEIDPARRY currently at 896.40, can show a good bull run in the coming few days.
The stock has broken its ATH and might retest the new support level as shown above and fly to the moon.
EIDPARRY has always been a volatile stock, so trade safe.
PS: 898.85 is a crucial level for the stock on the 5M Time Frame, its built a resistance on 898 levels.
AXISBANK Probable BreakoutStock Name: Axis Bank
CMP: ₹1160.50
Technical Analysis:
Axis Bank is currently displaying strong bullish momentum. The stock has achieved a breakout, with the previous close decisively above the trendline, confirming a significant bullish setup. This move is supported by high trading volumes, indicating strong participation from buyers.
Moreover the stock is in a strong buying position at the long tested support.
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