Reliance Stock Retrace 78% Then Price Show MomentumPRICE CMP 1309
1. ABC Elliot Wave Correction in Stock Looks Like Complete.
2. Price has Engulf the last five candles and has also made breakout.
3. RSI is also above 50 and MACD is also showing a reversal.
4. Because the price has 78% retracement, the Risk Reward is also good.
The above is my personal view on the stock which I have shared for learning and observation purpose. This is not a trading advice in any form.
Swingtradesetup
63 Moons : Momentum Trade#63MOONS #breakout #swingtrade
63MOONS : Swing Trade
>> Breakout Soon
>> VCP pattern
>> Trending setup
>> Good Strength & Volume
Swing Traders can lock profit at 10% and keep Trailing
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Disc : Charts Shared for Study purpose only
ORIENTAL HOTELS : Chart Pattern Breakout#ORIENTHOT #Swingtrade #breakout #Chartpattern #Trendingsetup
Orienthot : Swing Trade
>> Inverse Head & Shoulder pattern
>> Trending setup
>> Good Volume & Strength
>> Good Risk Reward Trade
Swing Traders can lock profits @ 10% and keep trailing
Note : In Current Market Scenario, Breakouts can easily fail so Trade Good Setups with Proper Risk Management and Position sizing
Disclaimer : This is not a Trade recommendation, Charts Shared are for Learning Purpose
Kabra Extusion : Breakout Candidate#kabraextru #swingtrade #breakout #TWS #chartpatterns #trendingetup
Kabraextru : Swing Trade
>> TWS = Big Players Present
>> VCP formation Visible
>> Breakout Candidate
>> Good Strength & Volumes
>> Good Upside Potential
Swing Traders can Lock Profit at 10% and keep trailing
Note: In Current Market Scenario even best of Setup's can FAIL, Hence Trade only Good Setups with proper Risk Management & Position Sizing
Disclaimer : This is not a Trade Recommendation, Charts Shared are for Learning & Study Purpose.
CCL : Swing Trade#CCL #swingtrade #breakout #trendingstock
CCL : High Probability Trade
>> Trending Setup
>> Good Base Candles at 10 EMA
>> Volume Dry Setup
>> 1:3 Risk Reward Trade
>> Good Strength in Stock
Swing Traders can lock 10% profit & keep trailing
Note : In the current Market Scenario even the best of Trading setup's can fail so Trade only Good setup's with proper Risk Management, set of rules for Stop-loss & proper position sizing.
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Disclaimer : This is not a Trade Recommendations & Charts stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
DOLATALGO : Swing Trade (1 Month)#dolatalgo #swingtrade #trendingsetup #Momentumtrade
DOLATALGO :
>> Low PE Stock
>> Trending Stock
>> Momentum Pick
>> Low Risk High Reward Trade
>> Bouncing back from 200 EMA
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
A SWING \ LONG TERM STOCK - SBGLP NSE:SBGLP
❇️A good low risk setup in daily time frame above 130 makes a perfect entry.
❇️SL below recent swing low. ( 127)
❇️A very good weekly break out at weekly time frame.
❇️Expecting stock price to reach 200+ in up coming days.
❇️ Volume looks good.
❇️Every entry must have a stoploss partnered with it.
👉🏻 @thetradeforecast 🇮🇳
BIOCON LTD READY FOR A UPSWING (SWING TRADING SETUP)Since last weeks we have seen pharma sector is outperforming and this performance may continue.
As per price action biocon ltd
Has created a Cup but handle is still remaining. If this stock creates a handle which is highly possible then price can be bullish for few trading sessions.
Price should sustain above Trend line then it will be good.
For more confirmation wait for the price to come at resistance level and look for RSI above 70.
If fails and test previous support then this Overview will be considered as NULL.(Conditions not fulfilled)
HDFC LIFE - APPROACHING DEMAND ZONESymbol - HDFCLIFE
HDFC Life Insurance Company is engaged in carrying on the business of life insurance. The Company offers a range of individual and group insurance solutions. The portfolio comprises of various insurance and investment products such as Protection, Pension, Savings.
HDFC Life is approaching demand zones on charts. 500 - 540 is a major support zone for HDFC Life. Stock is currently trading at a good valuation.
I'm seeing a positional trade opportunity on buy side. I usually trade in futures but this time I'm taking this trade in cash as general elections are due in June which is a major event for market makers.
I'm investing 50% allocation today at CMP 540. I'll invest 50% more at 510 level & will hold this position with 495 as SL. Targets I'm expecting on long side will be 580 - 615 - 640 - 675. I'm ready to hold this trade for 3 - 6 months.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
WIPRO, Technical Outlook (Keep this stock in the watch list)Today the price has closed on the resistance level with a RSI of above 60. All this indicates the price is in good momentum.
The breakout of 492 could open the higher levels of 545.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
FINPIPE Analysis & Prediction in DTFThis is the analysis of FINPIPE in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. 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 FINPIPE :
Finolex Industries Ltd. engages in the manufacture and sale of polyvinyl chloride (PVC) pipes and fittings. It operates through the PVC, and Pipes and Fittings segment. The PVC segment produces and distributes PVC resin. The Pipes and Fittings segment focuses on the manufacture of pipes and fittings required principally in the agriculture, and construction industries. The company was founded by Prakash Prahlad Chhabria on March 28, 1981 and is headquartered in Pune, India.
HUDCO Breakout and Retest Setup 🚀Greetings traders! 👋 Today, I'm sharing my analysis on HUDCO, which is showing a Breakout and Retest setup with volume build up. Here's a breakdown of the setup:
📌 Setup: BREAKOUT and RETEST SETUP
🔍 Analysis: I've conducted a thorough analysis on multiple timeframes, confirming the breakout and retest.
📊 Indicator Support: Momentum indicators are showing support for the bullish momentum.
🔍 Keyword: Multiple timeframe analysis done, momentum indicator support, etc.
#HUDCO #BreakoutSetup #RetestSetup #VolumeAnalysis #TechnicalAnalysis #TradingView #ShareMarket #StockMarket 🚀
CHEMBOND : Rounding Bottom Formation#chembond #momentumtrade #swingtrade #momentumpick #swingtrading #Trendingstock
ChemBond : Rounding bottom Formation
>> Trending stock
>> Momentum pick
>> Good Strength in stock
>> Good Risk: Reward Trade
Keep trailing after 8-10% profits.
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
IIFL SECURITIES : Momentum Pick#swingtrade #swingtrading #swingtrader #swingtradesetup #iiflsec #iiflsecurities #trendingstock #momentumstock #Riskrewardtrade
IIFL Securities : Momentum stock
>> stock testing & trying to break the gap down levels
>> Higher lows are formed
>> Good overall strength in stock and its setup
>> perfect Fibonacci setup
>> undervalued underperformer stock
>> low Risk High Reward Trade
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
INDRAMEDCO For Swing TradingINDRAMEDCO Prediction for Swing/ Positional Trading
Entry 1 was at 175. Entry 2 was at 192. You can enter into trade above 218 or CMP or you can entry according to your experience.
Sls- according to you RRR.
Targets- 230,242,255,270,285,…(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 INDRAMEDCO –
Indraprastha Medical Corp. Ltd. engages in the healthcare business. It operates through the following segments: Healthcare Deliveries, Pharma, and Medical Technologies and Others. The company was founded on March 16, 1988 and is headquartered in New Delhi, India.
Double bottom formation in UPLUPL is forming a double bottom pattern. If it breaks the resistance and confirm the breakout with volume spike, it may go higher. UPL is in a downtrend so limit your position size.
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.
NZDCAD - Swing Trade on Buy SideSymbol - NZDCAD
NZDCAD is currently trading at 0.80920
I'm seeing a trading opportunity on buy side.
Buying NZDCAD pair at CMP 0.80920
I will be adding more if 0.80200 comes & will hold with SL of 0.79000 - 0.79200
Targets I'm expecting are 0.82500 - 0.82800 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Havells multi year breakoutHavells has given a fresh lifetime high breakout above all the previous resistances which have been present since 2021. The pattern looks very promising, do not miss this opportunity to invest in one of India's leading FMEG company. This is a positional trade, holding period will be around a year or more. Expect good returns as the sector, consumer products, has also given a ATH breakout and is showing good momentum. Volume spike is also visible in the counter. Currently the stop is at XXX so enter only 30% quantity of the full position. As and when the stock moves up we'll add to the position and also trail our SL
Tata Power For Swing/Positional Tata Power Prediction for Swing/ Posional Trading
Breakout at entry 1 (250) level. You can enter into trade at CMP or after 260.
Sls- according to you RRR.
Targets- 260,275,285,292,308,325,335,360,385,415,440,465,490,515,545,570,595,… (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 Tata Power –
Tata Power Co., Ltd. engages in the provision of power supply and transmission charges. It operates through the following segments: Generation, Renewables, Transmission and Distribution, and Others. The Generation segment consists of generation of power from hydroelectric sources and thermal sources from plants owned and operated under lease arrangement and related ancillary services. The Renewables segment includes generation of power from renewable energy sources. The Transmission and Distribution segment involves in the transmission and distribution network, sale of power to retail customers through distribution network and related ancillary services. The Others segment refers to project management contracts/infrastructure management services, property development and lease rent of oil tanks. The company was founded on September 18, 1919 and is headquartered in Mumbai, India.