Union Bank Charts: Time to Buy or sell?After closely analyzing the Union Bank chart we have observed that
1) On weekly Tf, Union bank is trading with a bullish bias and currently its trading on a retracement move.
For any buying opportunity we look for any change in Trend on lower Tf usually in 1Day or 4 HR chart.
2) On Daily Tf, Union bank is following the market structure of LH & LL, and looking at the very recent move the trend has been shifted to bullish.
We can see on the chart that the previous LH is getting liquidated & market has formed a ned HH, indicating a switch in Market structure.
We will look for only Buy opportunity when the price comes down to the FVG & OB on the daily tf. Entry on FVG or OB will help us to follow the smart money inflow.
This is for educational purposes only. Please have your own research before investing.
Swingtrading
Britannia |Bull Rally Pending . ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout required
✅Breakout confirmation required
✅Rise in Volume
✅Good 3 touches Trendline with volume
✅Clear uptrend with HH & HLs sequence in smaller Time frame
✅ Order block as potential Supports
✅Check out my TradingView profile to see how we analyze charts and execute trades.
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KSOLVES INDIA - Price Observation & Overview1. Price is consolidating for now.
2. I need a strong BO candle to plan a good entry only if I had to!
3. Earnings are strong.
4. Volumes are dry.
5. Too many doji/ undecisive candles on weekly tf is a red flag for me in any stock. Generally, I avoid positions where wicks are excessively long on weekly timeframes.
- 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
TRENT Stock: Key Levels, Trends, and Trading StrategiesTrend Analysis
Primary Uptrend:
The stock has been following a strong upward channel, as shown by the blue trendlines.
Over the past months, the price has consistently respected these trendlines, indicating strong investor confidence and sustained buying pressure.
Current Channel Movement:
The price is trading within a secondary ascending channel, showing shorter-term consolidation within the broader trend.
This setup suggests that while the uptrend remains intact, the stock is in a phase of measured growth.
Key Levels
Support Levels:
₹6,688.75: A critical near-term support level, highlighted in red. This level aligns with the lower boundary of the short-term channel.
₹6,353.25: The major support level that the price must hold to sustain the broader uptrend.
Resistance Levels:
₹7,081.15: A key resistance zone, which the stock has been testing recently.
₹7,234.70 and ₹7,445.10: Further resistances that could come into play if the stock breaks out above ₹7,081.15.
₹7,644.10: The ultimate resistance in the current setup, beyond which the stock could experience strong bullish momentum.
Volume Analysis:
A noticeable volume spike occurred during the last leg of the uptrend, signaling strong accumulation by investors.
Current volume trends are more subdued, suggesting a period of consolidation, which often precedes a breakout.
Key Observations
Bullish Flag Formation:
The stock is forming a bullish flag, a continuation pattern that often leads to further upside. A breakout above ₹7,081.15 could confirm this pattern.
Potential Scenarios
Bullish Case:
If the stock breaks ₹7,081.15 with strong volume, it could rally toward ₹7,234.70 and eventually ₹7,644.10.
Bearish Case:
If the stock breaches ₹6,688.75, the next support at ₹6,353.25 will be crucial to watch.
TRENT stock exhibits strong upward momentum, making it an attractive option for traders. A breakout above ₹7,081.15 could signal further gains, while buying near ₹6,688.75 support levels offers a favorable risk-reward setup. As always, implementing strict stop-loss levels and sound risk management is crucial to handle potential market volatility effectively.
Investment Idea Bharat Electronics Limited (BEL)
BEL stock has been showing a strong uptrend over recent months, driven by consistent earnings growth and strategic government defense orders
BEL, a leader in defense electronics, is perfectly positioned to benefit from India’s growing focus on self-reliance in defense manufacturing. With a strong order book, cutting-edge R&D, and robust financials, BEL offers:
✔️ Consistent Growth: Backed by government initiatives and modernization needs.
✔️ Dividend Returns: A track record of rewarding shareholders.
✔️ Long-Term Potential: Expanding into new markets like AI and space technologies.
Invest in BEL today and watch your portfolio grow with India’s defense dreams! 🌟
#BEL #LongTermInvestment #StockMarket
Tata Communication | Breakouts or Fakeouts ? ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Supports
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
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Exideind | All Resistance Trendline Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Target
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
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GODREJCP | Trendline Breakout Expected ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡FNO Stocks Trading📉📈📊
✅Check out my TradingView profile to see how we analyze charts and execute trades.
✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action.
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Britannia is ready to leave the ground and start flying Hello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought another nifty50 stock which is trading at important support zone, Probability is high it can take off means it can leave the ground and flying in blue sky.. I am expecting minimum 35%+ move in this swing, if you check chart above i have shown every swing since it has given a breakout in November 2022, and then it is just making higher highs and higher lows channel and respecting the upward support trendline, this time again we have seen correction in many stocks so britannia also corrected and it is just trading above to Upward support trendline, i am expecting it will surely take support in this zone and fly in blue sky. I already have mention the levels above for stop loss and targets please follow in your trading.
Fundamental Analysis
D/E is 0.52
Interest Coverage ratio is 18.77
D/E 0.52 has reduced as compared to last year's D/E 0.84
ROCE is 49.25%
ROE is 57.1%
ROCE 49.25% is higher than 5 years ROCE average 45.76%
ROE 57.1% is higher than 5 years ROE average 52.47%
Operating Profit Margin (EBITDA Margin) is 18.9%
Operating Profit Margin (EBITDA Margin) 18.9% has improved as compared to last year's OPM 17.11%
NPM is 12.76%
Dividend Yield is 1.5%
Free Cash Flow yield is 1.72%
Company has a negative Cash Conversion Days of -27.09
Dividend pay-out is 82.75% of Net Profit
3 Years Sales CAGR is 13.07%
3 Years Profit CAGR is 15.11%
FII have increased their stakes by 0.5% in the latest quarter (17.41% to 17.91%)
Retail/Public have reduced their stakes by 0.46% in the latest quarter (16.69% to 16.23%)
Retail/Public have reduced their stakes by 4.71% in last 3 years
Promoters + FIIs + DIIs hold 84.69% in the company
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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DMART STOCK IS TAKING REVERSAL FROM SUPPORTThe stock is now taking a bullish reversal, daily time frame stock price is taking a reverse swing.
RSI has given signals of bullish swing, Here the risk is high and the reward is high.
If we take entry here then our entry level will be 43, stop loss will be 35 and target will be 48.If We take entry here then our entry level will be 3829, stop loss will be 3550 and target will be 4280.
This is my view only for educational purpose. If you take entry in this then according to your risk reward.
AXISBANK Probable BreakoutStock Name: Axis Bank
CMP: ₹1160.50
Technical Analysis:
Axis Bank is currently displaying strong bullish momentum. The stock has achieved a breakout, with the previous close decisively above the trendline, confirming a significant bullish setup. This move is supported by high trading volumes, indicating strong participation from buyers.
Moreover the stock is in a strong buying position at the long tested support.
Eid Parry - Breaking 5 Months Consolidation Phase
It has diversified business including sugar which have demand because of ethanol .And Other include nutraceuticals and bio-pesticides.
We have seen massive rise in OPM in recent quarterly results.
FIIs as well as DIIs haven't reduce their holding in September quarter.
Technical Setup :- Trying to break its 5 Month consolidation phase if closing above 880 Levels.
- RSI being at 57.37 suggesting positive momentum.
Disclaimer: The information provided in this analysis is for educational and informational purposes only and should not be considered as financial advice. I am not a SEBI-registered analyst or financial advisor. The views expressed here are my own and are based on my understanding and interpretation of the market. Please conduct your own research or consult with a qualified financial advisor before making any investment decisions. Investing in the stock market involves risks, and past performance is not indicative of future results.
Exide Double bottom An early bullish entry in Exide.
Pattern- Double bottom ( Note it's an early entry pattern has not completely formed)
Entry- 449 450 levels
SL- 447-448
Target- 455 458
Note- Risky trade.
Disclaimer - This is just for educational purpose please take advice from your financial advisor before making any decision.