Sectoral Analysis-Nifty MetalNifty Metal is all ready to make a new ATH.
The chart structure indicates a bounce from strong support trendline and we have seen a breakout today of 9400 level.
Levels to watch are 9600, 9750, 10000++
Keep metal sector stocks in watchlist for quick swing like Vedanta, Hindzinc, Hindcopper.
SAIL is available at an amazing support retest and can be a good positional pick as well.
Please comment below if you need any specific stock analysis!
Swingtrading
BREAKOUT IN UCO BANK📌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 -UCO BANK-
• 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
PROTEAN - Bullish Flag, Morning Star, Fibonacci Retracement 38.2In the chart of "PROTEAN," a Bullish Flag pattern has emerged, suggesting a potential continuation of its upward trend. The pattern is characterized by a sharp upward move (pole) followed by a consolidation period (flag), forming a rectangular shape on the chart.
The entry point for this pattern is identified above 1466, indicating a breakout from the consolidation phase. A stop-loss is set below 1410 to manage risk in case of a reversal.
The target for this trade is set at 2000, aligning with the typical measure rule applied to Bullish Flag patterns, which measures the length of the initial pole added to the breakout point.
Further reinforcing the bullish outlook, additional technical signals have been observed:
A cluster of patterns, including a morning star candle formation on the hourly timeframe, signaling potential reversal or continuation of the uptrend.
The prior pole trend exhibited a 45-degree angle, indicating strong momentum and trend direction.
Fibonacci retracement level of 38.2% also supports the bullish bias, suggesting a healthy pullback within the context of an uptrend.
Combining these bullish indicators—chart pattern, candlestick formation, trend angle, and Fibonacci retracement—provides a comprehensive technical analysis supporting a favorable risk-reward setup for trading "PROTEAN."
JYOTHY LABS - Swing Trade Analysis - 3rd July #stocksJYOTHY LABS (1W TF) - Swing Trade Analysis given on 3rd July, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Weekly Resistance Breakout - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
QUESS CORP - Swing Trade Analysis - 2nd July #stocksQUESS CORP (1M TF) - Swing Trade Analysis given on 2nd July, 2024
Pattern: 24 MONTH BREAKOUT
- Volume Buildup at Monthly Resistance - Done ✓
- Continuous Pullback from Monthly Support Trendline - Done ✓
- Demand Zone Retest & Consolidation - In Progress
Please Note:
- Partial entry to be taken and then build into the position as it goes in your favour
- Use a trailing stop loss to better your RR
* Disclaimer
APLLTD [pitchfan tool]APLLTD ...
pitchfan trading :- first time i share this tool i use in my technical study purpose . The chart has several green and yellow circles highlighting significant zones. These typically represent areas of interest, such as support, resistance, or breakout points.
show potential support and resistance levels. They suggest the market could reverse its direction or experience a significant price movement along these lines.
Price Targets:
1st Target (1st TRG): The first target is marked at a certain price level, indicating the initial expected profit-taking point.
2nd Target (2st TRG): The second target is marked higher, suggesting a further price movement upward if the first target is achieved.
Stop-Loss:
Place your stop-loss below the breakout level or the recent support (green circle). This minimizes potential losses if the trend reverses.
Support and Resistance:
Monitor the pitchfan lines. If the price respects these lines and reverses or consolidates around them, these could serve as potential entry or exit points.
Based on the my technical study , the ideal swing trading would be to enter near the breakout point, aim for the first target, and then the second target if the momentum continues. Always ensure to use proper risk management with a stop-loss below the recent support or breakout level.
for MORE check in my Tv-id " in.tradingview.com "
If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its.
"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🙏↗️
UPTREND CONTINUATION IN ITC"ITC" is showing higher-highs in it's monthly chart which shows that the stock is in perfect "Uptrend'. It is getting ready for another rally and the next uptrend will continue above 510 (Let a daily candle close above the Entry point). Keep stop loss at the latest swing low in hourly chart. Target is calculated using ABCD Pattern of Harmonics, which is almost 17% on the deployed capital.
CDSL looks bullish in both the short and long termCDSL previously showed a very good bullish movement and then went through some correction where it formed a head and shoulders pattern. While forming the right shoulder, it went up aggressively, creating a demand zone where the right shoulder should have formed, as shown by the dotted line on the graph. Now the right shoulder has formed upside, and the top of the right shoulder has also been broken, with the price retesting it. On the last trading day, CDSL was down significantly but ended the day positive, showing a sign of rejection. It now looks like a good investment opportunity.
TITAN - Swing Trade Analysis - 23rd July #stocksTITAN (1W TF) - Swing Trade Analysis given on 23rd July, 2024
Pattern: FALLING WEDGE BREAKOUT
- Weekly Resistance Trendline Breakout - Done ✓
- Weekly Support Consolidation with Volumes buildup - Done ✓
- Strong Pullback from Weekly Support Level - Done ✓
- Demand Zone retest for a Small SL and a better RR - In Progress
* Disclaimer
Quickheal- A quick, strong upmove coming soon?I had earlier shared quickheal as a reversal trade which gave big move.
Now, stock has formed a flag post breakout of ATH and is ready to blast.
Please note that stock is overvalued and hence, trade might be risky.
A small correction in broader market can make this stock to fall quickly. Do book profits as targets get hit.
BREAKOUT IN JSFB📌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 -JSFB-
• 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 INDGN📌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 -INDGN-
• Potential Breakout Chart
• IPO BASE TRADE
• 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
low risk-high return; min 30% ROI ; swingAdd this to watchlist and wait for entry.👁️🗨️
For short term investment ;
Leave a " Like If you agree " .👍
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Wait for small retracement & daily candle to close above - "145".
Avoid Trade untill ENTRY level.
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Entry: 145
target: 168 - 195
sl: 138-128
major stoploss/ support: 960
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Enter only if market Retrace and Break s
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency " 💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
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Refer over old posted idea attached below.
Real Jackpot - SME IPOAfter trying to see what works for me and what not, trying various intraday, swing etc on different stocks and derivatives (and still unclear what's going to work for me), I stumbled upon the IPOs, specifically the SME IPOs.
Just look at the listing of these SME IPOs..... what a staggering gains they give on listing. SEBI had to actually come up with a restriction of 90% listing for these SME IPOs.
Only if there were some kind of sure shot way to get an allotment....
JUSTDIAL [for swing]JUSTDIAL This stock Multi-year breakout with high volume spike today getting last movement upper circuit so .. buyer are very aggressive looking .
Price Pattern:
There is a cup and handle pattern forming, with the cup's bottom forming around the 2022-2023 period and the handle forming recently.
The breakout from the handle is a positive sign and could lead to a strong upward move if it holds above the resistance.
Trend Channel:
The descending channel (handle part of the cup and handle) is shown, and the recent breakout from this channel is a bullish signal.
Targets (TRG):
The chart shows two target levels: the first target (1st TRG) around 1400 and the second target (2st TRG) around 1800. These levels can be considered as potential profit-taking points.
Volume Spike:
The green arrow indicating a volume spike suggests increased buying interest. This can be a sign of accumulation, which is bullish.
Swing Trading Points
Entry Point:
A good entry point would be on a pullback to the breakout level, around 1200-1250, which is now a support zone.
Stop Loss:
Place a stop loss below the support zone, around 1150-1180, to limit potential losses if the breakout fails.
First Target (1st TRG):
Aim for the first target around 1400, as indicated on the chart. This level is likely to encounter some resistance.
Second Target (2st TRG):
If the price momentum continues, the second target around 1800 can be considered for additional profits.
Volume Confirmation:
Keep an eye on the volume. A continued increase in volume on upward moves will confirm the strength of the trend.
News :-
in.tradingview.com
for MORE check in my Tv-id " in.tradingview.com "
If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its.
"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