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)
Swingtrading
USDTHB - TRADE ON LONG SIDE FOR HUGE PROFITSymbol - USDTHB
USDTHB is currently trading at 34.90
I'm seeing a trading opportunity on buy side.
Buying USDTHB pair at 34.90
I will be adding more if 34.50 & 34.20 comes & will hold with SL of 33.95
Targets I'm expecting are 35.80 - 36.35
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!
CHFMXN - SHORT TRADE FOR HUGE PROFITSymbol - CHFMXN
CHFMXN is currently trading at 23.37
I'm seeing a trading opportunity on sell side.
Shorting CHFMXN pair at CMP 23.37
Holding with SL 23.70
Targets I'm expecting are 22.70 - 22.20 & 21.75
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!
DivisLab- Bullish Swing-Will this be a new All time high? NSE:DIVISLAB
28.08.2024
Buy-5090
Target-5374
Stop Loss-4815
Risk Reward- 1:1
1.Inside bar breakout
2.Trend- Very good uptrend
3.Price has bounced from support level & broke previous resistance
4.Volume- Very good volumes found in bullish side
5. EMA- Rejection from 50 EMA and price above 21 EMA
6. Pharma sector is in rocket mode
BREAKING BIG | SUZLON |💥BIG NEWS FOR #SUZLON 💡
SUZLON: CO ANNOUNCES INDIA'S LARGEST WIND ENERGY ORDER OF 1,166 MW FROM NTPC GREEN ENERGY LIMITED, THE RENEWABLES ARM OF NTPC
⭕️ Swing Trading opportunity ! Multi-Time Frame Analysis Alert !!!⭕️
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✍️Technical Reasons to trade or Strategy applied :-
✅RBD & RBR Applied in Big Time
✅Strong Dz & Sz
✅Fibbonnaci Retracement
✅Big News on the market
Strong Demand Zone:-A good demand zone typically shows narrow price behavior before the explosive breakout. Just like SUZLON in Weekly , 4Hr TF.
Big Target:- RBD shows the prior strong downtrend, hold and again big move continues .its likely to test those RBD area again just like in Monthly analysis. IF BREAKOUTs ENOUGH.
Multi-Time Frame Analysis helps to discover the true potential of the stocks and take positions in the right time and in right Zone.
WTF Analysis
4Hr Analysis
75 Min
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✍️COMMENT Below your view !
One Year BaseGood possibility after breakout above 321 levels. All details provided on chart.
Follow Strict stoploss and also trail the SL once in profits.
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Success in the markets is a function of our ability to do (or not do) things that are (or aren’t) in our best interest.
- Yvan Byeajee.
BAJAJ FINANCE LOOKING STRONG FOR SWING TRADEBajaj finance is looking good and holding its near resistance levels and above Trend line but Overall market segments are little breaish.
my overview in Bajaj finance is bullish if Price give confirmation.
If nifty retrace more but Bajaj finance holds this level and give a break upside then we can see a good upmove
DPABHUSHAN - Horizontal Trendline Breakout🔊 DPABHUSHAN - Horizontal Trendline Breakout
⌛Duration - Short Term (1 Week to 4 Week)
📊📈 Trade Logic - Horizontal Trendline Breakout with Huge Volume
CMP - ₹1527.75
Time Frame - Daily
🎯Target 1 : ₹1600
🎯Target 2 : ₹1700
🎯Target 3 : ₹1800
🛑 Stop : ₹1425
🏆 Risk/Reward Ratio (1: 2.5)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
BAJAJFINSV - Breakout after 2 years BAJAJFINSV - Breakout on the weekly timeframe after 2 years.
The stock has been trading in a the same range for around 2 years and finally out of the zone and expected to finally give a good upside rally in the coming weeks, months.
Those who are looking for a medium - long term investment opportunity in a well established company, this is an ideal option.
Please do you OWN RESEARCH before making your buy/sell decision, these views are my personal views only.
A BREAKOUT WITH VOLUME - ARIHANT CAPITAL.NSE:ARIHANTCAP
❇️ Strong breakout on weekly chart.
❇️ Flag and poll pattern in 30mint time frame.
❇️ Stock can achive 108-115 targets in upcoming days.
❇️ Short and log terms targets 140-160-190++.
❇️ Nearby support 88-90.
❇️ Above 95 we can see a real move🔥
👉🏻 @thetradeforecast 🇮🇳
Kotak Support zone buy in cheap price 1st Entry: 1400
2nd SIP : 1200
3rd SIP : 1000
Emergency tip : You should not buy to the dip. If 1000 level broken 💔 . It may crash tho.
Description with Logic :- Kotak Mahindra bank is a very good company. With fundamental and price behaviour combined analysis described it as Uptrend Rally and it has to be retracted (when in downtrend in future time) to support level 1400 and 1200 and 1000 . You may SIP while market will going down. Today the Cmp of stock is 1700 approx , it may reduce atleast 30% that is 1200 or lower. To prevent BUBBLE MARKET .
ADANIGREENADANIGREEN
Resistance Line (Red):
The upper red dashed line is acting as a resistance line, where the price has previously struggled to break through (as indicated by the red arrows).
Support Line (Red):
The lower red dashed line is the support level, where the price has bounced back up (as indicated by the green arrows).
Possible Breakout Scenarios
Bullish Breakout (Scenario 1): If the price breaks above the resistance line, the stock could potentially move higher towards the next resistance level around ₹3,050, as indicated by the dashed blue line with label "1".
Bearish Breakdown (Scenario 2): If the price breaks below the support line, it could drop significantly, potentially moving towards the lower level around ₹400, as indicated by the dashed blue line with label "2".
Scenario 1: Bullish Breakout
Breakout Level: Around ₹2,000 to ₹2,050.
1First Target: ₹2,400 - This is the first level of resistance, where the stock previously faced selling pressure.
Second Target: ₹3,050 - The upper resistance level, marked as "High" on the chart. This could be a medium-term target if the bullish momentum continues.
Extended Target: ₹3,600 - If the momentum is strong and supported by increasing volume, the stock could potentially reach this level, which would be a measured move based on the height of the triangle pattern.
Scenario 2: Bearish Breakdown
Breakdown Level: Below ₹1,750.
First Target: ₹1,400 - This is a key support level from the previous swing low, and it might act as a buffer before further decline.
Second Target: ₹800 - This is a more substantial support level that aligns with previous significant lows in 2022.
Extended Target: ₹400 - This is the lower extreme marked by the chart, which could be reached in a severe bearish scenario, possibly driven by a market-wide correction or negative news specific to the company.
Stop-Loss Strategy:
Bullish Trade: Place a stop-loss just below the breakout point, around ₹1,750, to protect against a false breakout.
Bearish Trade: Place a stop-loss just above the breakdown point, around ₹2,050, to safeguard against a false breakdown.
for MORE check in my Tv-id " in.tradingview.com "
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"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏
epro-bullswings dt02/09/24
ANOTHER RALLY IN ADSL?"ADSL" is now getting ready for another rally in making a new ATH. There is a good short-to-mid term swing opportunity in this stock, but before this, we need to plan our entry. Two levels of entry is possible here:
a. The stock is undergoing a retracement in a lower timeframe (hourly), which should retest the previous resistance level of 254. A good entry should be at the time of retest which gives us a good risk-to-reward ratio.
b. Another entry, which is in fact a more generic and safe, is when price breaks the recent swing high of 278.
Targets are calculated using ABCD Pattern of Harmonics: In case "a", the targets are almost 27% and 35% respectively from the entry point. In case "b", the targets are almost 17% and 24% respectively.
So, keep this in your watchlist!
Technical Analysis for Heranba Industries Ltd.:Technical Analysis for Heranba Industries Ltd.:
Trade Type: Swing trade for 6-12 months
Chart Pattern: Breakout of neckline
Entry Strategy:
Buy half quantity at Current Market Price (CMP)
Buy the remaining half on a retest or below ₹360
Stop Loss (SL): ₹392 for risk management
Target: ₹845
This strategy aims to capitalize on the breakout while managing risk through staggered entries. Monitor price action closely and adjust the stop loss as needed.
#HeranbaIndustries #TechnicalAnalysis #SwingTrade #StockMarket #BreakoutTrading #TradingStrategy #RiskManagement
Technical Analysis for Poonawalla Fincorp:
Current Market Price (CMP): ₹387
Trade Type: Swing trade for 6-12 months
Stop Loss (SL): ₹330 for risk management
Targets:
Target 1: ₹500
Target 2: ₹600
Monitor the trade regularly and adjust the stop loss as the trade progresses. Evaluate price action for potential target achievements.
#PoonawallaFincorp #TechnicalAnalysis #SwingTrade #StockMarket #TradingStrategy #RiskRewardRatio
Technical Analysis for Barbeque Nation Hospitality Ltd.Technical Analysis for Barbeque Nation Hospitality Ltd. (BARBEQUE):
- **Time Frame:** Weekly chart
- **Trade Type:** Swing trade for 6-12 months
- **Entry Strategy:** Buy at Current Market Price (CMP) ₹626.60
- **Stop Loss (SL):** ₹539 for risk management
- **Targets:**
- Target 1: ₹1022
- Target 2: ₹1190
- **Risk-Reward Ratio:** Favorable
Monitor price action closely, particularly during the retest of the breakout. Adjust strategies based on market dynamics.
#BarbequeNation #TechnicalAnalysis #SwingTrade #StockMarket #RiskRewardRatio #TradingStrategy #BreakoutTrading
DBL - Swing trade🌟A huge breakout after a long consolidation around 500 levels
🌟Volume pop during breakout
🌟After a rally till 575/580 levels, stock again consolidates and then gives a trendline breakout
🌟Volume pop during TL breakout
🌟Retest with low volumes
🌟Volume pop during reversal
Looks good to go long!