CREDITACC: May Next Investment with 10-15% Upside PotentialThe chart provides delineates critical price thresholds that signify breakout points, along with specific support levels that serve as indicators of where buying interest may manifest.
Additionally, the chart highlights regions likely to act as ceiling points for future price ascensions, allowing for informed decisions on entry and exit strategies.
Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
Swingtrading
PRAKASH - Wonderful swing trading setupThe price has been consolidating since October 2023, with the ₹148 level establishing itself as a strong support zone. All previous reversals from this support, highlighted with green arrows, indicate its significance. Last week, the price formed a bullish engulfing pattern on the weekly timeframe, confirming buying momentum. This setup presents an excellent swing trading opportunity, with a stop-loss below ₹145 on a weekly closing basis and a target of ₹230 or a move toward the yellow trendline.
#APOLLO - Box Break Out in Daily chart📊 Script: APOLLO
Key highlights: 💡⚡
📈 Box Break Out in Daily chart.
📈 Price gave a good up move
📈 Went into a Side Ways consolidation for over a year
📈 Volume spike seen on BO
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 151 DCB
⏱️ C.M.P 📑💰- 150
🟢 Target 🎯🏆 – 64%
⚠️ Stoploss ☠️🚫 – 16%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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SRF Chart Signals Big Breakout OpportunityThe chart shows a weekly timeframe analysis of SRF Ltd (NSE) with a focus on a potential breakout. Here’s a breakdown of the analysis:
Pattern Identification
1. Symmetrical Triangle Pattern:
• The chart highlights a symmetrical triangle, where the price has been consolidating within converging trendlines.
• This pattern generally indicates a continuation or reversal, depending on the breakout direction.
2. Fair Value Gap (FVG):
• There is a Fair Value Gap (FVG) marked, which represents an imbalance in price action. It could act as a liquidity zone for price retracement.
3. Order Block (OB):
• An order block is highlighted, which is a strong demand zone. This suggests that buyers could step in, pushing prices higher.
Future Outlook
1. Bullish Breakout Expected:
• The arrows and target zones indicate that a bullish breakout from the triangle is anticipated.
• The projected upside move is around 665 points (25%-30%), aiming for targets near ₹3,300-₹3,400.
2. Potential Retest:
• A retest of the breakout level or a pullback into the order block (around ₹2,400-₹2,500) could occur before continuing upward momentum.
3. Secondary Triangle:
• Another smaller triangle formation is shown for the medium-term outlook, suggesting a consolidation phase before further movement.
Key Levels
• Support Zones: ₹2,357 (stop-loss region) and ₹2,486 (demand zone).
• Immediate Resistance: ₹2,606 (current breakout level).
• Target Zones: ₹2,791 and ₹3,300+ in the medium to long term.
This chart suggests a positive outlook for SRF Ltd, with a focus on confirming a breakout and maintaining the marked support levels.
DISCLAIMER- PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING . THIS IS FOR EDUCATIONAL PURPOSES ONLY
BIOCON - Swing/Positional Trading opportunity This is a weekly chart to analyze the bigger picture in the stock
One can clearly see that stock is in Stage-2 uptrend with both Key MAs sloping up
Price bouncing from Key MAs (especially 40 week MA)
Volume activity is also favorable as of now
Relative strength of the stock is also high as compared to CNX500 on 52 week basis
Instead of just jumping on to the stock the very next day, I would prefer to wait for a low risk entry so that I can have bigger position with lower SL size.
This is not a recommendation. Pls do your own study before putting any money in any stock.
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For more learning stuff related to chart analysis, pls check out my other ideas (some of them are linked below)
You can always reach out to me anytime for any query or feedback.
Keep learning
ITC: A Strong Bullish Setup for Swing TradersHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought A Perfect Bullish Setup for Smart Traders In ITC Ltd. Let's start:
ITC is back in action! This stock has caught my attention with its textbook-perfect breakout, making it a solid opportunity for swing traders and long-term investors. With the hotel business demerger complete, ITC is laser-focused on its core strengths—FMCG, Cigarettes, and Agri-business. The chart speaks volumes with an Ascending Triangle Pattern, signaling a breakout that’s hard to ignore.
Here’s what’s happening:
Ascending Triangle Breakout: Higher lows and strong buyer interest pushed the price above 492, confirming the breakout with volume.
Projected Move: After a 38% rally in 2023, ITC continues its bullish momentum with targets set at 492, 550, and 605. If 605 is breached, 650 is on the cards!
Entry and Stop Loss: Best accumulation zone lies between 442-431, backed by the upward trendline. Keep a stop loss below 391 to manage risk.
Why ITC Deserves Attention:
ITC’s valuation is still attractive with a low P/E ratio and one of the best dividend yields in the market. FMCG growth and resilient cigarette margins are driving the stock higher in the short term. Long-term investors will love its diversification, sustainability focus, and consistent performance.
My Take:
ITC is showing all the right signs of strength. This setup is not just for traders but also a gem for long-term portfolios. Keep an eye on ₹605—this could be the level where momentum shifts to the next gear.
Disclaimer: This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
#INNOVATORS - VCP Break Out in Weekly chart📊 Script: INNOVATORS
Key highlights: 💡⚡
📈 VCP Break Out in Weekly chart.
📈 Price gave a good up move
📈 Went into a Side Ways consolidation & formed VCP
📈 Volume spike seen on BO
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 280 DCB
⏱️ C.M.P 📑💰- 265
🟢 Target 🎯🏆 – 57%
⚠️ Stoploss ☠️🚫 – 28%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
National Aluminum Co Ltd - Looks Good.Candidate looks good for swing trade with target of 240 INR. and S/L of 180 INR. CMP 205.54 INR.
Reason
Swing Trade
Touch Point reversal
MACD Cross Over
Continuation Wedge (Bullish) Pattern formation
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Sarla Poly - Low Risk SetupCMP 98.42 on 17.01.25
Since March 2024, the stock has been moving in a parallel channel-like pattern. This time touched the lower edge of the channel and showed a bounceback too. If the momentum continues, it may go to 105/120 or even more depending on the conditions.
MACD is showing a likely reversal too.
If it sustains below 88, the setup will go weak.
This illustration is only for learning and sharing purposes, not buying or selling advice. Please do your research before making any trades.
All the best.
Unlock 50% gain with MGL from CMPPosition Traders, Here's Your Opportunity! If you're into positional trading, now could be your moment to invest. MGL is currently at a strong support level on a monthly time frame, showing robust company fundamentals.
Don't miss out on this chance to grow your portfolio. Invest smart, and let's aim for those profits together! 📈
🚨DYOR
🚨SL must, it depend's on your risk appetite
Pump Up your portfolio with $PUNDIX🚀 Pump Up Your Portfolio with BINANCE:PUNDIXUSDT !
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🚨DYOR 🚨SL must, it depend's on your risk appetite
SteelCast ready for Modi 3.0Steelcast is holding strong at the trendline and touching the 200 EMA. I'm going long! In my view, the steel sector will do well under the next government. To the moon we gooooo!
🚨 DYOR & SL Must, not sebi reg.
#NiftyBank #Nifty #btst #INTRADAY #StocksToWatch #GIFTNIFT #swingtrade
Container Corporation of India Ltd (CONCOR) READY TO CONQUERContainer Corporation of India Ltd (CONCOR) provides inland container transportation by rail and manages ports, air cargo complexes, and cold chains. It has a market cap of ₹47,778 Cr.
The company is almost debt-free and maintains a healthy dividend payout of 54.9%.
Technical Analysis : Respecting its previous low and forming a triple bottom type structure. On the weekly chart, it has formed a bullish harami candlestick pattern in a downtrend, which is a confirmation to go long. With a very small stop loss of 25 point s, one can aim for the target mentioned and trail accordingly.
Aurobindo Pharma Ltd- Waiting for Consolidation BOAurobindo Pharma Ltd is India's second-largest pharma company and the largest generics company in the US by prescriptions dispensed.
The stock is trading near its support zone, formed a Bullish engulfing candlestick pattern with volume confirmation, indicating a potential continuation of the trend towards the target mentioned.
Himadri Speciality Chemical Ltd. Himadri Speciality Chemical Ltd. is a leading player in the chemical industry, primarily engaged in the manufacturing of carbon materials and chemicals.
Profitability: The company's profitability has been on an upward trajectory, with significant growth in net profit margins and overall financial stability.
Technical Analysis: On the technical front, Himadri Speciality Chemical Ltd. is exhibiting a Head and Shoulders pattern on the daily time frame, indicating a potential target of 670++
HAL up for Swing tradeHindustan Aeronaut Limited: CMP : 4476.85; RSI: 59.24
HAL has completed Intermediate wave-4 correction , and bottomed out at 200 DEMA, motive wave-5 may take the HAL price to 5500-5600 levels, making it a good candidate to accumulate for a swing trade.
Swing Trade Target 1 : 5500-5600
Next Resistance HAL: 4562-4704-4934
Stop-loss: 4100;
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BEML- Breakout updateBEML CMP: 4360.25; RSI: 67.40;
BEML has completed primary level ABC correction pattern. Now clear breakout above 4280 level was observed as script is sustaining above breakout level from last 3 consecutive trading sessions, representing strength in script and bottoming out signs.
Thus, fresh position in BEML can be initiated. Chart structure is strong and must be accumulated for a swing trade as per below suggested levels.
Accumulation Zone: 4300-4400
Stop Loss: 4280
Target: 4604-5052-6234
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INTERGLOBE AVIATION-UP FOR SWING TRADEInterGlobe Aviation: CMP:4469; RSI: 69.62
As per Elliot wave analysis, Inter Globe Aviation has completed primary wave-4 formation @ 3780 and motive wave-5 is in its initial phase of expansion. Confirmation of the same will be evident when script give close above 4885 levels on closing basis. A swing trade is poised in the near future with a upside of 15-20%.
Call For Aggressive traders
Buy Zone: 4400-4500
Stop Loss: 4300
Resistance Zone: 4772-4885
Target 1: 5125; Target 2: 5400
Call For long term Investor
Buy above: 4900
Target: 6400 (1 year time frame)
Stop Loss: 4300