VBL : Breakout Candidate (1-3 Months)#VBL #breakout #swingtradesetup #swingtrading #breakoutstock #Momentumtrading
VBL : Swing Trade
>> Breakout candidate
>> Trending setup
>> Momentum Building up
>> Low Risk High Reward Trade
Swing Traders can lock profit at 10% and keep trailing
Pls Follow, Boost & comment if u like the setup or u want to discuss the setup
Disc : Charts share for learning purpose only not a Trade recommendation. Consult your Financial Advisor or do your own research before taking position in this.
Swingtrading
EQUITAS BANK : Breakout Candidate#EQUITASBNK #breakout #swingtrading #momentumtrading #stage1breakout
EQUITASBNK : Swing Trading (7/10/15...max 30 days)
>> Low PE Stock
>> Stage 1 Breakout
>> Mometum Trading setup
>> Bottom Spike Setup
>> Potential of 20% upside
>> Low Risk High Reward Trade
Swing Traders can lock profits at 10% and keep trailing
Pls boost & follow for more learnings, Comment if u like the setup or wanna discuss the setup
Disc : Charts shared are for learning purpose only, not a Trade recommendation. Consult your financial advisor or do your own research before taking position in it.
OIL INDIA - SWING TRADE ON LONG SIDESymbol - OIL
OIL is currently trading at 420
I'm seeing a trading opportunity on buy side.
Buying OIL Futures at 420
I will add more long position at 410, if comes.
Holding with SL of 397
Targets I'm expecting are 445 - 460 & above.
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!
Keep an Eye - Good to go above 2530Grasim Industries Ltd CMP - 2499 Looks good on Daily time frame. Uptrend then side ways consolidation for almost 6 Months , then Support breaks and remove Buyers . Looks good with 1:3 Risk to Reward.
Disclaimer :- Idea shared for information and education purposes only and should not be treated as investment or trading
Technical Analysis for Bector Food Specialties Ltd. (BECTORFOOD)
Trade Type: Swing trade for 3-12 months
Key Highlights:
Near strong support zone
Double bottom pattern indicating potential reversal
Targets marked based on technical levels
Stop Loss (SL): ₹1499 for risk management
📌 Disclaimer: This analysis is for educational purposes only and not investment advice. Please consult a financial advisor before making any trading decisions.
#BectorFood #TechnicalAnalysis #SwingTrade #DoubleBottom #StockMarket #SupportZone #TradingStrategy #RiskManagement
Technical Analysis for Aurobindo Pharma (AuroPharma):
Trade Type: Swing trade for 1 month
Key Signals:
Waiting for breakout
Near support zone and 200 DEMA
RSI bullish divergence observed, signaling potential upward momentum
Targets:
Target 1: ₹1396
Target 2: ₹1515
Monitor closely for breakout confirmation. Ensure risk management by planning an appropriate stop loss.
📌 Disclaimer: This analysis is for educational purposes only and not investment advice. Please consult a financial advisor before making any trading decisions.
#AuroPharma #AurobindoPharma #TechnicalAnalysis #RSIDivergence #SwingTrade #200DEMA #SupportZone #BreakoutTrading #StockMarket
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
SONATA SOFTWARE - Expecting ATH | 40% upside potential Price Analysis & Overview:
1. Prices have taken support from the fib golden zone.
2. EMA are also supporting the trend.
3. Minimum ATH resistance level will be expected.
4. Above 720 RSI will show further strength for bullish momentum.
5. RRR is favourable.
6. Retracement based trade setup.
Trade Plan:
1. ENTRY = CMP 590
2. SL = 10% 530
3. TARGET = 40% 800++
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- 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
TCS Buying Opportunity▎Analysis of TCS Stock using Elliott Wave Theory
Overview:
TCS (Tata Consultancy Services) has recently formed an Ending Diagonal pattern in the 75-minute timeframe, indicative of a terminal impulse wave. This pattern suggests that the stock may be nearing the end of its current trend, and a reversal could be imminent.
Elliott Wave Theory Context:
According to Elliott Wave Theory, an Ending Diagonal typically occurs in the final wave of a trend (Wave 5). This pattern is characterized by converging trendlines and can signify exhaustion in buying or selling pressure. Traders often look for a reversal after such formations, particularly when combined with Fibonacci retracement levels.
Fibonacci Retracement:
Following the completion of the Ending Diagonal, TCS has retraced approximately 61.8% of its previous upward move. The 61.8% Fibonacci retracement level is considered a significant area for potential support, where aggressive traders might start to accumulate positions in anticipation of a reversal.
For those who prefer a more conservative approach, waiting for the 81% retracement level could provide an additional margin of safety before entering a trade. This level often acts as a strong support zone and can offer better risk-reward ratios.
Entry Points:
• Aggressive Entry: Near the 61.8% Fibonacci retracement level.
• Conservative Entry: Around the 81% Fibonacci retracement level.
Stop Loss:
As indicated in the accompanying chart, it is crucial to place a stop loss just below the recent swing low or beneath the 81% retracement level. This helps to manage risk effectively should the market move against the anticipated direction.
▎Conclusion:
The current technical setup for TCS presents potential buying opportunities based on the Ending Diagonal formation and Fibonacci retracement levels. Traders should consider their risk tolerance and trading style when deciding on entry points and stop loss placements. As always, it is essential to conduct further analysis and confirm signals with additional indicators before making trading decisions.
Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. Always do your own research and consult with a financial advisor before making investment decisions.
EQUITAS BANK : Base Breakout Soon#EQUITASBNK #breakout #basebreakout #momentumtrading
EQUITAS BANK : Swing Trading
>> Base Breakout soon
>> Momentum Building up
>> Good Strength & Volume Rising
>> once breakout, Price can spike quickly towards 200 EMA (Blue Line). 200 EMA will act as a magnet for price.
Swing Traders can lock profit at 10% and keep trailing.
Pls Boost, comment & follow us if u like this Trade Idea.
Disc : Charts shared are for Learning purpose & not a Trade Recommendation. Consult your Financial Advisor and do your own analysis before taking position in it.
ADANI WILAMR by KRS Charts5th Nov 2024 / 9:22 AM
Why AWL ❓❓
1. Decent Fundamental and Corrected Stock Technically.
2. Even its Correcting since long time, it made HL in monthly Timeframe. Which is good sign.✅
3. Clearly 5 Wave Correction Structure is finished, One Bounce is expected till 4th Wave height from current price.
4. Upside Movement can be Sluggish it's a swing Entry so. 📈
With a Good R/R more than 1:3 Target will be 509 Rs.
with SL of 285 Rs Daily Closing Basis.
Lupin Stock Analysis: Strong Fundamentals & Bullish setup.FUNDAMENTALS & TECHNICAL ANALYSIS
⬇️⬇️
Fundamental Analysis:
1. Earnings per Share (EPS):
• Q3 2024 EPS estimate is 17.29 INR, and the reported values for the prior quarters (Q4 ’23, Q1 ’24, Q2 ’24) have consistently beaten estimates with surprises ranging from 11.08% to 41.55%.
• This indicates strong financial performance and the company’s ability to exceed market expectations.
2. Revenue:
• Reported revenue for Q1 ’24 and Q2 ’24 surpassed estimates with 5.37% and 2.38% surprises, respectively.
• The company is expected to generate 56.45B INR in revenue for Q3 ’24. This suggests consistent growth, which is a positive indicator for long-term investors.
3. Conclusion from Fundamentals:
• Strong EPS growth and consistent revenue beats show that the company is performing well financially.
• With upcoming reports due in February 2025, further positive earnings surprises could lead to upward momentum.
Technical Analysis
1. Current Price Action:
• The stock is trading near 2,140 INR, approaching key fair value gaps (FVG) at 2,150 INR (1D FVG) and 2,273.45 INR (higher target zone).
2. Support & Resistance:
• Major support zone is near 1,985.90 INR (Daily Low).
• Resistance zones lie at 2,218.30 INR, 2,273.45 INR, and the Daily High of 2,313.20 INR.
3. Market Structure:
• There is a change of character (Choch) on the chart, suggesting potential bullishness if it sustains above 2,150 INR.
• The stock may consolidate slightly before moving towards the higher resistance zones.
4. Short-term Prediction:
• Likely to test 2,273.45 INR in the near term if the bullish structure holds.
• A break below 1,985.90 INR would invalidate the bullish setup.
Conclusion:
• Investment Decision:
• Buy: Based on strong fundamentals (earnings and revenue growth) and a bullish technical structure, the stock looks promising for swing trading or medium-term investing.
• Entry Point: Around 2,140-2,150 INR, aligning with the technical FVG and support zones.
• Target: 2,273.45 INR (short-term) and 2,313.20 INR (medium-term).
• Stop Loss: Below 1,985.90 INR to manage risk in case the bullish structure fails.
DISCLAIMER ▶️ THIS IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING
2 Potential Swing trading stocks for 23 December MarketsI daily make educational content videos for swing / positional trading
Both are Potential swing trading ideas that are not active yet. I have explained the setup, pattern, and line-making behind them with a solid plan. Let's see if the plan gets activated.
FLAG AND POLE BREAKOUTVA TECH WABAG LTD ltd has given a strong breakout with strong volume. The short term and mid term momentum is also bullish. trade has RR of 1:3 so it is a good trade.
DISCLAIMER: I am not a SEBI registered technical analyst. I do not provide calls and signals. The above analysis is solely for educational purpose. Iam not responsible for any loss/profit. DO NOT TRADE!
Centum Electronics Breakout. A 20% Up move possibility Pattern Analysis
1. Broadening Channel:
• This pattern is characterized by higher highs and lower lows, forming a widening range.
• It suggests increased volatility and indecision in the market.
2. Key Observations:
• The stock price is nearing the upper resistance line of the broadening channel (~₹2300–₹2400 levels).
• Historical data shows a strong rejection from this resistance zone.
• Support lies near ₹1800 (the lower boundary of the channel).
3. Volume:
• A breakout above the resistance line with significant volume could confirm an upward trend continuation.
• A lack of volume near the resistance could result in a pullback or consolidation.
4. Risk-Reward:
• If the stock breaks out, the potential upside could be near ₹3000 (as indicated in the projection).
• However, failure to break the resistance might result in a decline to the lower support (~₹1800 or lower).
Disclaimer- This is for educational purposes only. Please do your own research before investing.
Potential Opportunity in PEL: Weekly Breakout in a ConsolidationPEL has been trading within a well-defined triangle pattern for quite some time now, showing excellent consolidation. Key support and resistance levels have been marked, making the setup more structured and reliable.
Recently, a breakout has been observed on the weekly timeframe, indicating the potential for a strong upward movement. However, to confirm the breakout's validity, waiting for a weekly closing above the breakout level is essential.
Strategy:
Observation Period: Monitor this week’s closing to confirm the breakout.
Entry Plan: If the breakout sustains, consider buying the stock for short- to mid-term gains.
Targets: While the upside potential is open-ended, the first target has been marked for guidance.
Key Takeaways:
The triangle pattern on the weekly chart is a strong technical signal.
Breakouts from such patterns often lead to significant price movements.
It’s essential to remain disciplined and wait for confirmation before taking action.
Personal Note:
Apologies for the lack of updates recently. I’ll strive to provide regular market insights and updates moving forward. Let’s keep an eye on PEL as it has the potential to generate substantial returns in the near term.
Stay tuned for more updates!
2 Amazing swing trading idea for 19 December MarketsI daily make educational content videos for swing / positional trading
Analyzed Gravita and Technoe stocks based on counter-trendline breakout price action, mother candles, and pattern trading. Despite solid setups, I discussed risk management and why I chose not to enter. Perfect examples of amazing price action opportunities!
Jyoti CNC Automation: Strong Growth, Expensive Valuation AheadJyoti CNC Automation has seen significant growth, reflected in its market cap of ₹32,690 Cr. and a current price of ₹1,436, near its 52-week high of ₹1,463. The stock’s remarkable rise from a low of ₹368 highlights strong investor interest. Key profitability metrics such as ROCE at 21.2% and ROE at 20.8% indicate efficient capital utilization and strong returns for shareholders.
However, the stock’s P/E ratio of 119 is notably high, suggesting an expensive valuation relative to earnings. Additionally, with a book value of ₹65.7, the stock trades at a significant premium, raising concerns about overvaluation. The absence of a dividend yield (0.00%) indicates the company is reinvesting profits for growth, making it appealing for growth-focused investors.
Overall, while Jyoti CNC Automation demonstrates strong fundamentals and growth potential, the premium valuation demands caution, especially for risk-averse investors.
Now talking about the Technical analysis of chart, we can observe that
- Stock is trading above its 20 EMA and 50 EMA
- Stock price has taken the liquidity above the previous weekly high price
- We have 2 FVG that could act as a potential buy are for smart money
- For buy our setup would be sweet as cake, we wait for any Fvg to be filled and a good bullish candle indicating strong participation.
- We mostly trade on Engulfing candles, Morning stars & Pinbars
Note this is for educational purpose only. Please do your own research before investing.