Swingtrade
Bajaj Auto - 27% gain potential in positional trade Key highlights:
1. Bounced off weekly demand zone
2. Took support from 200 MA
3. Formed the Morning star pattern on 200 MA + demand zone
4. Reclaimed the flip level
5. Bounced off from the psychological level of 3000
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
BAJFINANCE - Swing TradeBAJFINANCE
Buy-Above 5900
Sl-5500
T- 6600 7250
Stocks has formed reversal structural in daily daily. It has closed above the Last swing high. Also breakout of the trendline an retest has been done. As of now we will give some space in sl but as it moves further and makes another leg then will trail sl to last swing low in daily TF.
TECHMHi guys, In this chart i Drew My Best Levels in TECHM for Long position using 30M Time frames.... I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Manappuram Finance | Long | CMP 110.40Manappuram Finance CMP-110.40 Dated 6 March 2023
1. Trendline fake breakout
2. Increased buy volumes
3. MACD , Stochiastic RSI crossovers
4. Recent buy by SBI-Mutual Fund
Target1- 125.65
Target2- 140.95
SL - 100
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
PAGEIND - Multi-year Retest Zone - Investment/Swing tradeThose who study charts on regular basis, would be familiar that when a stock price breaks its ATH level on a higher Time frame, in majority of cases, it goes much above that level. Similar is the setup in this stock which has been in uptrend for quite long and has shown strength even during market correction recently.
The analysis is done on weekly as well as on Daily TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.