SANOFI - Multi year breakout setup - Swing/InvestmentThe analysis is done on Weekly TF hence price may take few weeks to several months in order to reach the targets.
Trade setup is explained in image itself.
Also look at the charts of its peers analysed in below link
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.
Swingtrade
ABBOTINDIA - Short term trade based on tightness in priceThe analysis is done 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.
One should also look at its peers in Pharma sector for more opportunities -
check below charts -
#CIPLA
#STAR
#SANOFI
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.
Apollo hospitals positional trading ideasIt is forming a falling wedge pattern. inside the falling wedge, there is a double bottom pattern you can see.
Stock is in a up trend.
it also retesting the weekly breakout level.
If it breaks the wedge pattern upside. it may go higher.
Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the stocks, commodities or other instruments and assets. Do your own analysis or consult your financial advisor before making any investment decision.
LALPATHLAB [Head and Shoulders Pattern]A trendline has been drawn showing the expected bullish trend (green solid line), with an alternate path shown (blue dotted line) indicating potential short-term fluctuations before reaching the target.
1)Head and Shoulders Pattern:
Left Shoulder: Formed around June 2022.
Head: Formed around October 2022.
Right Shoulder: Formed around February 2024.
Neckline: The horizontal resistance line around the 2,800 level, which is crucial for confirming the pattern.
The stock has recently broken above the neckline (around 2,800), indicating a potential bullish reversal.
The target price is calculated by measuring the distance from the head to the neckline and projecting it upward from the breakout point.
The approximate target price, considering the height from the head (1,800) to the neckline (2,800), would be 2,800 + 1,000 = 3,800.
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"Disclosure : I am not Sebi-registered ." This channel is for only educational purpose. Any profit/loss, I am not responsible.
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HCLTECH, Stock of the WeekAfter a strong hammer candle from the low, the price has formed a three soldiers pattern.
Also the price has given the breakout of the LTMA band.
CMP:1,431.50
R1-1,531.45
S1-1,350.90
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
AVANTI FEEDS - Swing Trade Analysis - 7th June #stocksAVANTI FEEDS (1D TF) - Swing Trade Analysis given on 7th June, 2024
Pattern: RECTANGLE BOX
- Volume Buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
Please ensure that the pullback to the demand zone gives a nice small SL for a better RR
* Disclaimer
Multiyear Breakout - 14 years of consolidationAfter 14 years of consolidation , Engineers India Multiyear Breakout on Monthly Chart ,
Perfect breakout , remove weak hand by retrace then again breakout , know trading at Rs 244.80 . already move 200 % within a year. It could be double my target is Rs 500 within 3 Years with a SL of 204.
YoY Growth QoQ Growth (SHAREHOLDING)
Fundamental analysis :- FII -0.95% -0.59%
DII -2.35% -1.97%
Retail 2.03% 3.05%
Retail has been buying the stock which is usually a sign of exuberance
This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.
BREAKOUT IN ATGL📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -ATGL-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
BREAKOUT IN ADANIENSOL 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -ADANIENSOL-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
TATASTEEL, Technical OutlookThe price is in a strong down trend. Today's candle has changed the character of price.
The next important level to consider is 162.30 and if broken then the price could test the levels of 158. Also the degree and nature of separation in both bands indicates the price is entering in the compression zone.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
SBI CARD - Support levels will save bulls & Time for Reversal ?SYMBOL - SBICARD
SBI Card & Payment Services has been in downtrend since a long time.
It is now trading at major supports levels once again.
A long position can be made at current levels for trading/investment purpose around 700-710 as risk : reward is very good at CMP.
SL can be 680.
Targets for trading purpose can be - 745 & 765.
For Investment, Targets can be - 770 - 840 & 920.
For investment purpose, I will not be surprised if it gets 2x or more from here in next 2 years.
Disclaimer - I have made long position in futures & I'm sharing my position & my analysis. This is not a buy/sell recommendation.