PVRINOX Going to Breakout, All details sharedI have been observing an increasing momentum in PVR INOX and Along with this increasing momentum PVR INOX has also closed above a crucial resistance on Thursday, breaking out of a range between 1350 and 1400. This stock has been in this range for a period of 1 month, therefore its breakout indicates a good rally. Defintely buy PVRINOX for short term move.
Entry Price 1400
Stoploss 1380
Target 1480
Happy Trading
Yamini Prabu
NSE, NISM Certified TA
Independent Trader and Trainer
Swingtrading
BHARAT ELECTRONICS - Swing Trade - 7th February #stocksBHARAT ELECTRONICS (1D TF) - Swing Trade Analysis given on 7th Feb, 2024
Pattern: FALLING WEDGE
- Back at Support / Demand Zone
- Wait for EOD candle for small RR
- Mandatory to keep SL in play
- Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #BEL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
NIFTY MEDIA - SECTOR ANALYSIS - 1st March #sectorNIFTY MEDIA Sector Analysis (1W TF) - 1st March, 2024
RETRACMENT TO THE SUPPORT/DEMAND ZONE
- The Sector has been retracing since Jan 2024
- Currently approaching the Demand Zone
- Focus should be on Sector specific stocks (If You Know You Know)
- This will give for a better RR
- My focus is on TV18 and Network18 for now (will add to the list)
#stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia #niftymedia #indiaelections
TATACHEM: BULLISH REVERSAL SETUP NSE:TATACHEM
Tata Chemicals Ltd. is a holding company, which engages in the manufacture and sale of inorganic chemicals.
Technical View
Trading at major support zones and there are multiple confluences.
1. Weekly timeframe trendline support.
2. horizontal support formation from last one year.
3. Bull channel Support.
on top of that Stochastic indicator also shows reversal.
Here look at the daily chart and it has formed a turbo breakout.
Stoploss shall be below the green zone and on a weekly candle-closing basis otherwise it would be just a liquidity grab situation.
It can continue this range foe few more days so keep on radar.
Keep Learning,
Happy trading.
PNB - SWING TRADE - 30th November #stocksPNB (1D TF)
Swing Trade Analysis given on 30th November, 2023 (Friday)
Pattern: ASCENDING TRIANGLE
- Neckline Breakout - Done ✓
- Retracement + Consolidation- Done ✓
- Pullback Candle - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #pnb
BHARTI AIRTEL - Swing Trade - 3rd March #stocksBHARTI AIRTEL (1D TF) - Swing Trade Analysis given on 3rd March, 2024
Pattern: FALLING WEDGE BREAKOUT
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #BHARTIAIRTEL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
FranklinInd "Next Multi bagger" Can be a jackpot, Now or Never.Rule of warren buffet - invest in strong fundamental penny stocks and leave it.
This stock looks attractive at this price range.
The fundamentals are very good, It is performing very good if you see the profits are increasing YOY and QOQ.
I have mentioned values on charts.
Good for investing for short term and long term for multi bagger.
Please go through the fundamentals of the company, which are so strong to me balance sheet seems clean and this company has large scope to expand.
BHEL - SWING TRADE - 28th December #stocksBHEL (1D TF)
Swing Trade Analysis given on 28th December, 2023
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike Buildup at Resistance - Done ✓
- Breakout of Resistance - Done ✓
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte
TATA COMMUNICATIONS - Swing Trade - 9th February #stocksTATA COMMUNICATIONS (1D TF) - Swing Trade Analysis given on 9th Feb, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #TATACOMM #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
NMDC - Ultimate Swing Trade Opportunity!Hii all! 🌟
Get ready for an exciting swing trade opportunity with NMDC Ltd #NMDC 📈 Leveraging the powerful combination of trendline support, Fib retracement, and a bounce off the 50 EMA, NMDC is setting the stage for a stellar upward movement. Our meticulous analysis, including multiple timeframe scrutiny and momentum indicator support, reinforces the bullish outlook for NMDC. Don't miss out on this golden opportunity to capitalize on the swing and positional setup with NMDC Ltd.🚀 #NMDC #SwingTrade #Bullish
- Remember to conduct your own analysis and implement proper risk management strategies. Thanks
Jamna Auto Industries: Breakout of the Year 🚀Greetings traders! 👋
Today, I'm excited to share my analysis on Jamna Auto Industries #JAMNAAUTO has broken its previous high with significant volume, indicating a potential breakout. This breakout with volume setup suggests strong momentum and presents a compelling swing and positional trading opportunity. Our analysis includes thorough volume analysis, multiple timeframe analysis, and momentum indicator support, pointing towards a bullish trend continuation.
Don't miss out on this breakout opportunity in Jamna Auto Industries!
- Remember to conduct your own analysis and implement proper risk management strategies. Thanks!
IRCTC READY TO COMMENCE NEXT RALLY 💪NSE:IRCTC
🟢 BOUNCED BACK FROM STRONG DEMAND ZONE
🟢 SUPPORT RETEST ALSO DONE
🟢 SELLING VOLUME DRIED UP SO WILL NOT BOUNCE BUT BLAST
🔥 PLUS, IT'S A PSU AND GOVT RECENTLY ANNOUNCED EXPANSION OF RAILWAY SECTOR SO EVEN IF I SAY IT MAY BOUNCE 7%-10% IN NEXT FEW DAYS OR EVEN IN A SINGLE DAY, WON'T BE A SURPRISE
📚🟢 RESULTS WERE ALSO GOOD THIS QUARTER 🟢👇🏻
📌 Revenue
21.81% increase to Rs 1,118.3 crore, compared to Rs 918.06 crore in the previous year
📌 EBITDA
20.92% increase to Rs 393.97 crore, compared to Rs 325.8 crore in the previous year
📌 EBITDA margin
25 bps decrease to 35.22%, compared to 35.48% in the previous year
📌 Net profit
22% increase to Rs 256 crore, compared to Rs 209 crore in the previous year
Earnings before interest, tax, depreciation and amortization (EBITDA)
21% increase to Rs 394 crore, compared to Rs 325.9 crore in the previous year
🟢 FIIs' FAVOURITE STOCK IN RAILWAY THEME
📈ENTER IN A SWING TRADE WITH THE BELOW LEVELS:
ENTRY: 938-940
TARGET 1: 959
TARGET 2: 987
TARGET 3: 1047
STOPLOSS: 900 DAILY CLOSING BASIS
ANYTHING ELSE I'M MISSING? LET ME KNOW.