Swingtrading
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
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GODREJCP | Trendline Breakout Expected ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
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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.
Technical Analysis for HUDCO (Housing & Urban Development Corpor
Chart Pattern: W-pattern breakout with strong volume
Key Breakout: 200 DEMA breakout confirmed
Trade Type: Swing trade for 6 months
Entry Strategy: Buy after breakout confirmation
Stop Loss (SL): ₹217
Targets:
Target 1: ₹275
Target 2: ₹299
Target 3: ₹343
Monitor price action and volume for sustained momentum. Adjust stop loss as the trade progresses.
#HUDCO #TechnicalAnalysis #WPattern #200DEMA #SwingTrade #StockMarket #BreakoutTrading #RiskRewardRatio #TradingStrategy
Tata Motors-2-Chart AnalysisTata motors CMP:786.45; RSI: 36.35;
TATAMOTORS has completed 5 wave impulsive -Primary Bull cycle phase on weekly chart basis and now in corrective of ABC wave in formation . Corrective Wave-A has bottomed out and wave-B may give a swing trade opportunity for aggressive trader . This wave-B may take the Tata Motors shares at levels of 969-980 levels.
In Long term view is still avoid and fresh entry is suggested only for swing trade.
On daily chart basis, also 5 wave structure has formed as identified in chart structure, It suggest script will now reverse as it has entered wave-a formation.
Chart structure suggest a swing trade is open. The key crucial levels are listed below
Swing Trade Target 1: 969-980; Target 2: 1000-1020.
Stop Loss : 710
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Swing Trading BUY OPPORTUNITY IN CAPLIPOINTRefer 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.
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NLCINDIA - Potential Breakout StockNLCINDIA is a good buy near 250 zone with 238 as risk. It has made a good bullish reversal structure in daily TF. Key breakout level is 266, strong upmove will be seen on breakout.
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I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Swing Current Price: The stock is trading at ₹4,469.65, up ₹235.50 (5.56%) for the day, indicating strong bullish momentum.
Trendline Breakout:
The stock has broken out of a downward-sloping trendline (orange line), suggesting a reversal of the recent downtrend.
Support Levels:
Strong support exists at ₹3,879.00 (blue horizontal line), which has held multiple times during previous pullbacks.
Targets:
1st Target: ₹4,914.70 (green horizontal line), representing the next resistance zone.
2nd Target: ₹5,559.40 (black horizontal line), a higher resistance level and potential target.
Volume Analysis
The breakout is supported by increasing volume, which strengthens the case for bullish continuation.
Conclusion
Bullish View: The breakout from the trendline with strong volume indicates that the stock might move toward its 1st target of ₹4,914.70 and potentially to ₹5,559.40 if momentum continues.
Bearish Risk: A failure to sustain above the breakout level could lead to a retest of the ₹3,879.00 support.
This chart suggests a bullish trend with clear targets for traders to watch.
Swing1.Current Price: The stock is trading at ₹307.35, up ₹9.45 (3.17%) for the day.
Trendline Breakout:
A downward sloping trendline (orange line) connecting recent lower highs was broken on the upside. This indicates a potential trend reversal to the upside.
Resistance and Support:
Resistance: The stock has crossed the immediate resistance level of ₹302 (blue line). Sustaining above this level could signal further bullishness.
Support: A key support zone is visible at ₹266.65 (orange horizontal line), which acted as a strong floor during pullbacks.
2. Volume Analysis
The volume at the bottom of the chart indicates significant participation during the breakout. Increased volume during an upward move confirms the strength of the breakout.
3. Candlestick Pattern
Recent bullish candles with higher closes and increased volumes signal strong buying interest.
There is no major bearish candlestick that would currently negate the breakout.
4. Possible Scenarios
Bullish Case:
If the stock sustains above ₹302, it can aim for higher targets, with next resistances possibly in the ₹320-330 range based on past price levels.
Positive sentiment in the defense sector, along with Bharat Electronics' leadership in electronic and defense equipment manufacturing, supports the bullish case.
Bearish Case:
If the stock fails to sustain above ₹302, it could revisit support levels near ₹266, which is a critical level for bulls to defend.
5. Conclusion
This chart suggests that BEL has entered a bullish phase after breaking out of its consolidation and downtrend. The breakout above ₹302, supported by strong volumes, indicates a higher probability of an upward trend continuation. Short-term traders can watch for further confirmation of the breakout, while long-term investors might consider accumulating on dips given the company’s strong fundamentals in the defense sector.
Is correction over in MCX?In the 75-minute chart in MCX, we can see that flat correction is going to be finished.
This can be expected as the 0-B trend line breaks in less than half a time. (See that the lowest point from the trend line is formed in 25 candles, and the trend line is broken in 10 candles.)
This is the primary indication of the end of correction.
A risky buying opportunity exists at the current market price. The stop loss for this will be below the end of wave C, i.e., below the 5820 level.
This is not a buying recommendation.
Please always do your own research before you take any trade.
This analysis is based on Elliott wave theory and Fibonacci.
This analysis is for educational purposes only.
Swing 1. Key Observations
Price Action: The stock is trading at ₹4,474.65 as of the chart date, reflecting a positive change of +₹110.10 (2.52% increase).
Trendline Breakout:
A downward trendline has been drawn connecting the lower highs (orange line).
The stock has broken above this trendline, suggesting a potential reversal of the downtrend.
Support and Resistance:
Resistance: The stock has moved above the resistance zone at ₹4,476.45. Sustaining above this level could confirm bullish momentum.
Support: A key support zone is visible at ₹3,763.35 (horizontal orange line). This level has held during previous pullbacks.
2. Volume Analysis
The trading volume below the price chart shows an increase in activity during recent upward price moves. This supports the breakout and indicates strong buying interest.
3. Moving Averages (Implied)
The chart does not explicitly show moving averages, but the overall price action indicates that the stock is likely above shorter-term averages (e.g., 20-day, 50-day), signaling short-term strength.
4. Possible Scenarios
Bullish Scenario:
If the stock sustains above the ₹4,476 resistance, it could target higher levels.
Positive sentiment in the defense sector, supported by government orders and HAL's robust financials, may fuel further upside.
Bearish Scenario:
If the breakout fails and the stock moves back below ₹4,476, it could retest the support level near ₹3,763.
5. Conclusion
This chart suggests a potential reversal from a downtrend. Traders may look for confirmation of the breakout by observing if the stock sustains above the resistance with strong volumes. The overall sentiment remains bullish, supported by HAL's strategic importance and favorable sectoral tailwinds.
Engineers India offers good RR from this price level. -Good RR setup.
-Bouncing from a support level with Volume.
-Formed a bullish engulfing candle.
-Broke out of Trendline.
-Double Bottom at support level.
Overall, it's good for a swing.
This is not a Buy/Sell Recommendation. Please do your due diligence.
Risk- 15.4%
Reward: 29.8%
RR- 1:1.9
BERGER PAINT - FUTURE TRADING IDEA ON LONG SIDESymbol - BERGEPAINT
BERGEPAINT is currently trading at 491
I'm seeing a trading opportunity on buy side.
Buying BERGEPAINT Futures at 491
I will add more long position at 480, if comes.
Holding with SL of 470
Targets I'm expecting are 512 - 525 & 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!