IDEA | LONG | SWING | NSE:INDIA | ANALYSISDisclosure : I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions. Consult your financial advisor before taking any decisions.
Buy if:
Follows current price action movements with Volume support
Respects Triangle pattern formation
RSI breakout
Good Volume on price breakout the trendline
Took support on 50 EMA
Exit if:
Sudden down spike with heavy unexpected volume
Breaks 50 EMA
Touches my Stop Loss
Swingtrading
MOMENTUM SWING IDEA 15 FEB 24Balaxi Pharmaceuticals Ltd| MOMENTUM SWING IDEA 15 FEB 24
Balaxi Pharmaceuticals Ltd is an IPR-based pharmaceutical Company engaged in producing, stocking, selling, and supplying branded and generic medicines
Financial: strong
Market Cap =₹ 639 Cr. ROCE = 38.5 % ROE = 32.2 %
Debt to equity = 0.12 Promoter holding = 71.2 %
Quick ratio = 1.40 Current ratio = 2.93
Profit Var 3Yrs = 96.0 % Sales growth 3Years =94.6 % Return on assets = 22.1 %
This is pharma sector stock with strong fundamental. Pharma sector is in momentum so I select this stock to ride. Rsi is also showing positive trend. lets see how market recognize it.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
INDIA CEMENTSHi, in this chart i Got a Good Demand Level in INDIA CEMENTS, please Observe this levels and Analysis your own... Don't Take any orders Based on this Chart because this is just Observation purpose only.
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Life Insurance Corporation of India | Strong Momentum StockLife Insurance Corporation of India | Strong Momentum Stock
Life Insurance Corporation (LIC) is the largest insurance provider company in India.
Financial: Excellent
Market Cap = 5,26,620 Cr. ROCE = 149 % ROE = 130 %
Debt to equity = 0.00 Promoter holding = 96.5 % Piotroski score = 8.00
Quick ratio = 3.03 Current ratio = 3.03 Profit Var 3Yrs =138 %
Sales growth 3Years =8.26 % Return on assets =0.83 %
This is Strong candidate of multibagger candidate of insurance company.
technically and financially looking excellent.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
CINEVISTA: LONG AWATED BREAKOUTNSE:CINEVISTA
Cinevista Ltd. engages in the production of feature films and advertising commercials. It also offers services to the advertising film and television industries.
Technical insights 💡
🔜A 7-year range is about to break, and volume also picking up in the upswings. 📶
A classic Cup and handle formation.⚡️
ENTRY : @24.50
TGT- MENTIONED ON CHART.
STOP:- Below Swing low 10 On closing Basis.
📈 RSI and Stoch are rising and not in overbought means room for breakout.
⭐️Targets are based on measured move and previous resistance Zones.
Keep Learning
Happy Trading.
Granules India - Breakout after 3-yearsThis stock is looking strong in weekly and daily charts. The company has given a strong breakout on daily chart of 428 resistance level. This resistance level is created in Dec 2020 i.e 3-year ago. Generally we have seen if a stock gives long term consolidation breakout, big upside moves can be expected from the stock. The stock is from pharma sector and pharma sector is also performing good. So I think this stock to give big returns in medium term.
Please note weekly breakout is yet to confirmed on the stock. Possible targets on the stock can be find using Fibonacci retrenchment tool
Disclaimer: The stock discussed is for educational purpose and does not have any buy or sell recommedations.
AEGIS LOGISTICS - Swing Trade - 1st Feb #stocksAEGIS LOGISTICS (1D TF) - Swing Trade Analysis given on 1st Feb, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #AEGISCHEM
NMDC Swing/Positional NMDC Ltd. Prediction for Swing/ Posional Trading
Structure break at 135 and properly retested. Y ou can enter into trade above Entry 1 level (150) daily close basis or Entry 2 or Entry 3 or CMP according to intraday level. 150-164 is the bearish zone for NMDC, be cautious at this zone.
Again 143,138,135,131,125 levels can be retest.
Sls-For mid swing trade 130 or according to you RRR.
Targets- (154,156,164),173,182,192,200,211,221,230,…. (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About NMDC Ltd. –
NMDC Limited is an India-based producer of iron ore. The Company is involved in the exploration of a range of minerals including copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands amongst others. The Company's segments include Iron Ore, and Pellet, Other Minerals & Services. The Company owns and operates mechanized iron ore mines in Chhattisgarh and Karnataka. The Company also operates a mechanized diamond mine at Panna, Madhya Pradesh. The Company is producing over 40 million tons per annum (MTPA) of iron ore from its iron producing units, such as Bailadila Sector in Chhattisgarh and Donimalai in Bellary-Hospet region in Karnataka. The Company’s subsidiaries include Legacy Iron Ore Limited, J & K Mineral Development Corporation Limited, NMDC Power Limited, Karnataka Vijaynagar Steel Limited, Jharkhand Kolhan Steel Limited, NMDC SARL, and NMDC CSR Foundation, among others.
NMDC Ltd. engages in the exploration of minerals. It operates through the following segments: Iron Ore, Pellets, Other Minerals & Services, and Other Reconcilliation Items. The company was founded on November 15, 1958 and is headquartered in Hyderabad, India.
People will copy this Hey everyone , here is my new analysis on NSE:IOC
It was in a downtrend since 3-4 years
It gave breakout took support and bouncing from the support,
we can look up to the target of 95-100 in the short term
Disclaimer- Do your own research and trade at your own risk appetite.
If you like our analysis and need more analysis with entry and exit, do mention it in the comment
NH (1D TF) - Swing Trade Analysis given on 7th Jan, 2024NH (1D TF) - Swing Trade Analysis given on 7th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Triple Bottom - Done ✓
- Volume Spike at Resistance - Done ✓
- Retracement & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #narayanahrudayala
All Time HighOn a daily TF the stock has formed a rounding bottom pattern.
It has also given a BO to ATH levels.
With a strict SL of 167, one can enter for possible levels of 250 - 270
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When new traders first enter the fascinating world of trading & investing, they run quickly to bookshelves & absorb the trading masters.
But Neophytes must move slowly & protect capital until experience finally awakens knowledge.
Only then will traders finally discover what works & what doesn't in this challenging game.
- Alan Farley
BIKAJI - SWING TRADE - 23rd December #stocks#BIKAJI (1D TF)
Swing Trade Analysis given on 23rd December, 2023
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike Buildup - Done ✓
- Breakout of Resistance - In Progress
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte
Ready to Blast Off (Positional Pick)Rattan India has given a fantastic breakout on Weekly Timeframe.
Wait for candle close and then build positions gradually as this is a positional trade.
The volume spike has been the highest ever in this stock so that gives it more confidence.
Wait for some retracement to get a better risk reward
Infrastructure theme for 2024 (GMR Infra)Infra theme is going to be on the forefront in 2024 following the Budget in which the sector was highly talked about. GMR Infra has a very high weightage in the same and the chart looks very appealing. One can start accumulating this stock as it's at a crucial demand zone. View invalid below 75. Targets can be big
Trident up-move incoming (1:6 RR)Trident has given a clean breakout of an important resistance with extremely strong volume support. Plus the sector as a whole has seen price increase in recent time which gives this trade more confirmation. One can accumulate the stock around 44 - 46 levels with a stop of 42. Targets can be good if help for medium term. One can expect retest of previous lifetime highs.