CRAFTSMAN AUTOMATION - Price Reversal - 50% upside?Overview & Observation:
1. HH-HL formation implies bullish structure.
2. Perfect volume spike.
3. Strong candle formation and breakout of the channel.
4. Earnings are stable.
5. RSI above 75 means we can expect some consolidation or minor pullback before the next big move.
Trade Plan:
- Entry Point: 1st aggressive entry can be planned at CMP
- Stop Loss: 10%
- Target: 15-50% (ATH high resistance break is expected minimum...)
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Swingtrading
Swing Buy Opportunity in IGPL
Ping Me 1-0-1 to associate
Refer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
TO CONNECT WITH ME CHECK OUT MY BIO.
If you like this Idea, Please do like my ideas and share it with your friends. check my bio.
Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis.
Thank you
NATCOPHARM [ rounding bottom]
look this already share click on link . done already 1st & 2nd target . but my study say is aging long movement show in this stock ... '"Rounding Bottom " pattern made break with high volume.
no any other talking {trg+sl] on this stock its good stock. all information already share above link i share for everyone
for MORE check in my Tv-id " in.tradingview.com "
If You LIKE👌👌 MY study ......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
DuroPly Industries Limited (flag ) DuroPly Industries Limited (BSE: 516003), we can identify key levels and patterns to consider for making a buying decision.
Chart Analysis:
Downward Channel Breakout:
The stock was in a downward channel from March 2024 to June 2024, as indicated by the shaded area on the chart.
Recently, the price has broken out of this downward channel, which is a bullish signal.
Volume Confirmation:
The breakout is accompanied by an increase in trading volume, confirming the validity of the breakout. This is a positive sign indicating strong buying interest.
Support and Resistance Levels:
Support Level: The lower boundary of the previous downward channel around 280-290 can act as a new support level.
Resistance Levels/Targets:
First Target (1st TRG): Around 360.
Second Target (2nd TRG): Around 440.
Buy on Pullback to Support:
Considering buying on a pullback to the new support level around 280-290. This would provide a better risk-reward ratio.
Volume Monitoring:
Ensure that the volume remains strong during the pullback and subsequent upward move. Decreasing volume on a pullback followed by increasing volume on a move up is ideal.
Stop Loss Placement:
Place a stop loss slightly below the support level (e.g., below 280) to manage risk effectively.
Trend Continuation:
If the price continues to move up with strong volume, consider holding for the targets of 360 and 440 as indicated on the chart.
Summary:
Entry Point: Consider buying around 280-290 on a pullback.
Stop Loss: Set a stop loss below 280.
Targets: First target around 360 and second target around 440.
for MORE check in my Tv-id " in.tradingview.com "
If You LIKE👌👌 MY study ......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
SWING IDEA - RAIN INDUSTRIESRain Industries has emerged as an intriguing prospect, presenting a compelling case for a potential upswing.
Reasons are listed below :
Rain Industries has established a sturdy support base at the 145 level, providing a solid foundation for potential upward movement.
The weekly timeframe reveals a bullish engulfing candle, signaling a potential shift in sentiment and setting the stage for a positive trend reversal.
A bullish marubozu candle on the daily chart further strengthens the bullish case, indicating strong buying interest and potential momentum in the short term.
The stock is bouncing back from the golden Fibonacci zone, adding a technical aspect to the trade setup and reinforcing the probability of a favorable price movement.
The uptick in trading volumes is a positive indicator, suggesting growing market interest and participation in Rain Industries.
Despite highs shifting down, the absence of new lows is a noteworthy observation, hinting at a potential reversal and the resilience of the stock in the face of downward pressure.
Target - 184 // 206 // 253
StopLoss - weekly close below 145
InfoBeans Technologies Ltd | INFOBEAN | Swing OpportunityInfoBeans Technologies: Potential Swing Trade for Long-Term Gains (6-8 Months)
InfoBeans Technologies Ltd. (NSE: INFOBEAN) appears to have broken out on the weekly timeframe, indicating a possible shift in momentum and increased investor interest. This could present a swing trading opportunity for those willing to hold for a 6-8 month timeframe.
Remember, this is a swing trade, requiring patience and long-term holding.
Disclaimer:
This is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. Consider factors like overall market conditions, risk tolerance, and investment goals before entering a trade.
Emphasize that you should conduct your own research then trade on your own risk.
Regards
VOLTAS LTD[cup&handle] VOLTAS LTD (NSE), we see a clearer depiction of a potential "Cup and Handle" pattern, which is a bullish continuation pattern. Here’s a detailed analysis of the chart
Cup and Handle Pattern
- The chart shows a cup-shaped curve followed by a slight downward handle, indicating a bullish continuation pattern.
- The breakout from the handle signifies a potential upward move.
Target Levels
- **1st Target (1st TRG)**: The first target is around 1800 INR. This is a near-term resistance level where traders might consider taking partial profits.
- **2nd Target (2st TRG)**: The second target is around 2400 INR, which aligns with the measured move from the depth of the cup.
. Volume
- The volume shows an increase during the breakout, which supports the validity of the breakout and the continuation pattern.
Buy or Sell Considerations
Buy Consideration: If you are looking to buy, entering around the current price (1534.25 INR) or on a slight pullback to the breakout level would be ideal.
Sell Consideration:
- Partial sell or profit-taking around the 1st target (1800 INR).
- Full or additional sell around the 2nd target (2400 INR) if the stock shows signs of slowing down or reversing.
The Cup and Handle pattern indicates a bullish outlook with a strong potential for upward movement.
- Consider buying around the current level or on a pullback.
Always ensure to monitor the volume and market conditions, and use stop-loss orders to manage risk effectively.
for MORE check in my TradingView ID
"https://in.tradingview.com/u/asAMOLSUTAR/"
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🙏🙏
INDIAN HOTELS - Swing Trade Analysis - 8th June #stocksINDIAN HOTELS (1D TF) - Swing Trade Analysis given on 8th June, 2024
Pattern: FALLING WEDGE BREAKOUT
- Resistance Breakout - Done ✓
- Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
Please Note:
- Because of Fridays crazy move in the Nifty, there might be a pull back till the Trendline so ensure correct position sizing
- If not, then it automatically gives us a small SL and you can pyramid into as it rises
* Disclaimer
ASHOKLEYLAND - Example of history repeats!Overview & Observation:
1. Beautiful clean breakouts.
2. Broke multiyear resistance level.
3. Earnings are strong.
4. Expecting a minor consolidation and further upmove
Trade Plan:
1. Keep it on radar, and track it closely.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
IEX Rounding Bottom PatternIEX has formed a bullish chart pattern called Rounding Bottom.
A rounding bottom, also known as a saucer bottom, is a technical analysis pattern that signals a potential reversal from a bearish to a bullish trend. It is characterized by a gradual decline in price followed by a gradual rise, creating a shape resembling a "U." Here's a detailed guide on how to trade this pattern, inspired by principles often discussed in trading academies like Arvind Share Academy:
Identifying a Rounding Bottom
Formation Period: This pattern typically forms over a long period, ranging from several weeks to months. Here it takes approximately 2 years
Volume Analysis: Volume usually decreases as the price declines and remains low during the bottoming process. As the price starts to rise, volume typically increases.
Pattern Shape: The price action creates a U-shaped curve, indicating a gradual shift in sentiment from bearish to bullish.
Trading Strategy for Rounding Bottom
1. Confirmation of the Pattern
Wait for the price to break above the resistance level formed at the beginning of the rounding bottom. This breakout confirms the pattern.
Increased volume on the breakout reinforces the validity of the pattern.
2. Entry Point 180
Enter the trade when the price closes above the resistance level on strong volume.
Some traders may wait for a pullback to the breakout level to enter a trade for a better risk/reward ratio.
3. Setting Stop-Loss below 160
Place a stop-loss order below the lowest point of the rounding bottom to protect against false breakouts.
Alternatively, a more conservative approach is to place the stop-loss below a recent support level after the breakout.
4. Profit Target 280
Measure the distance from the lowest point of the pattern to the resistance level. This distance can be projected upwards from the breakout point to estimate the potential price target.
Some traders may use trailing stops to lock in profits as the price continues to move in their favor.
5. Monitoring Volume
Continuously monitor volume to ensure it supports the price movement. Declining volume during the breakout or subsequent uptrend can signal weakening momentum.
Thanks & Regards
Arvind Yadav, Cfa
Arvind Share Academy
NIFTY SELL TRADE There are chances that nifty can give the great sell trade
*Reasons for trade
1) price over buyed
2) There is rsi divergence on 1 hr timeframe
3) moving inside a channel pattern
4) price is going up but volume is contiously decresing
# make sure you set your own stoposs
#one can take trade ones market start breaking download
*Discaimler*
"Dont trade just on my idea do your own anaylis then decide you wanna take or not dont just
trust blindy"
# BEST OF LUCK #
The upward momentum for GU seems weak!After a long upward trend on the H4 timeframe, the price has now reverted to the H4 demand zone. The momentum appears to be moving sideways rather than straight up. In my personal opinion, if the H4 continues its upward trend, there will likely be a liquidity sweep in the H4 area (wide sideways range) before a decisive direction is determined.
Our suggested action at this time: If you are a swing trader, continue to wait and observe.
FX:GBPUSD
IEX - entering Stage-2 after long accumulation- trade/investmentThe analysis is done on Weekly TF.
The purpose of sharing this analysis is to make viewers understand the stage concept
Legendary Trader - Stan Weinstein has introduced this concept of Stage analysis of a stock.
A stock goes through 4 stages in its lifetime and the cycle repeats.
The stock has been in accumulation phase for past 2 years almost and now seems to be coming out of its stage-1 and entering into Stage-2
A stock moves fastest in its stage-2 and hence a stock entering stage-2 should always be on our radar for opportunities if we want to make good money.
This concept of Stage analysis has been used by many traders/investors like Mark Minervini and others.
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.
MAXHEALTH - Price Observation & OverviewOverview & Observation:
1. Trendline trap.
2. Good volume breakout.
3. Strength in buying.
4. Broke recent ATH.
Trade Plan:
1. Best entry was around 850. One more aggressive entry can be planned but the risk will be higher in that case.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Swan Energy - Breakout Soon#swanenergy #Swingtrade #breakouttrade #patterntrading #Symmetricaltrianglepattern
Swan Energy (swing trade)
>> Breakout candidate
>> Symmetrical Triangle pattern
>> Risk Reward favorable
>> Good strength in stock
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.
ELGIEQUIP - Ready for the next swingELGIEQUIP - Ready for the next swing with an upside potential of 20% in the next few weeks. The stock has been trading in the channel for the last 4+ years, with a steady upside trend. The stock is also backed with good fundamentals and overall at a good spot to leverage for a nice swing trade.
TITAN [falling wedge pattern]Pattern :
The chart seems to show a falling wedge pattern , indicated by the converging downward-sloping red dashed lines. This pattern typically suggests a potential bullish reversal .
Support Zone:
The chart highlights a support zone in red at the bottom, where the price has bounced back. This indicates that buyers are stepping in at this level, providing strong support.
Volume Analysis :
The chart also shows volume bars. There is a noticeable increase in volume when the price hits the support zone and starts to move up. This increase in volume often validates the strength of the support and the potential for a bullish move.
Price Projection:
The blue dashed line projecting upwards suggests an expected bullish breakout from the falling wedge pattern.
Based on these observations, the future movement predicted by the pattern indicates a potential upward trend. If the price successfully breaks above the upper boundary of the wedge with significant volume, it could signal a strong bullish trend continuation.
The chart suggests a bullish outlook if the price breaks above the falling wedge's resistance line with strong volume.
for MORE check in my TradingView ID
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
TITAN - 30% upside potential- Here's Why!D TF
Overview & Observation:
1. RRR is favourable (around 1:4 RRR)
2. Good strength in buying
3. Prices rejecting from the demand
4. Double bottom formation in D tf
5. ATH resistance breakout expected.
Trade Plan:
As per the markings on the chart
Entry = CMP
SL = 7%
TP = 30%
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
NDTV - An Adani Group stock - 2x Potential!Overview & Observation:
1. Price Structure is bullish.
2. Downside risk is minimal.
3. RR is favourable.
4. Recent quarter earning reports are +ve as well.
5. Multiple confirmations supporting the view & expected to see the price start moving higher from here on but momentum will take some time to built...
Trade Plan:
Entry = Above 273
Sl = 15% close to 230
TP = 500+
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
BPCL LONG TRADEThis is my today's (13-06-24) trade on #BPCL .
Booked 1:1
Stock was on strong uptrend,Entry based on Pullback at good Demand zone with confluence of proper signals moving averages and volume.
Overall Market was in sideways today so stock was not giving strong movements.
Then booked 1:1 &close.
Im hoping 1:2 hits tomorrow
KNR CONSTRUCTIONS - MID TERM Analysis - 2nd June #stocksKNR CONSTRUCTIONS (1M TF) - MID TERM Trade Analysis given on 2nd June, 2024
Pattern: SYMMETRICAL TRIANGLE BREAKOUT
- Monthly Resistance Breakout - Done ✓
- Monthly Volume Buildup - Done ✓
- Demand Zone Retest & Consolidation - In Progress
Please Note:
- Entry has to be at the Demand Zone at around 300 (which is also our previous target level which we achieved)
- Next support is at 285
- Ensure to position size correctly
* Disclaimer