Swingtrading
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.
HDFCBANKI am not sure to work this chart pattern on 4H time frame .
first time i am share that type stock in my idea , that's reason i am not confidently say to buying stock to study purpose .
hdfc is one of the best stock of my banking list which give huge profit in short term or swing trading .
i share other time frame screen shot with us in below .
for MORE check in my TradingView ID
If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its.
"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏
ICICI BANK - SWING TRADE - 14th January #stocksICICI BANK (1D TF) - Swing Trade Analysis given on 14th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retracement & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #icicibank
6 month consolidation BO + Golden Crossover + Flag FormationA 6 month basing consolidation BO has happened.
Even a golden crossover has occurred.
If one were to observe carefully, its even a flag formation (BO of flag yet to happen).
One can take a small entry now and a full (position size) entry after flag BO with a strict SL of 2350 closing basis. As per consolidation the possible levels that can be achieved are 3200, but trailing the SL is always a better way to trade.
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A trader understands that the price of the stock is the only true indicator.
The stock's price backed by volumes has factored in all the knowns, unknowns, dreams and impulses of all those who are in the market.
- A. D.
PIRAMAL ENTERPRISES - Swing Trade - 5th February #stocksPIRAMAL ENTERPRISES (1W TF) - Swing Trade Analysis given on 5th Feb, 2024
Pattern: FALLING WEDGE
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #PEL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment #stockstowatch
WELSPUN LIVING - Swing Trade Analysis - 11th February #stocksWELSPUN LIVING (1W TF) - Swing Trade Analysis given on 11th Feb, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #WELSPUNLIVING #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
SPARC - SWING TRADE - 27th November #stocksSPARC (1W TF)
Swing Trade Analysis given on 27th November, 2023 (Monday)
Pattern: ROUNDING BOTTOM
- Neckline Resistance Breakout - Done ✓
- Volume Buildup & Spike - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #sparc
ICICI SECURITIES - Swing Trade - 25th February #stocksICICI SECURITIES (1D TF) - Swing Trade Analysis given on 25th Feb, 2024
Pattern: ASCENDING TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #ICICI #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
Is PNB on a new support line? Swing Trade opportunity!!!PNB is retesting the previous resistance level, if it sustains and marches upward it will become the support!!!
Good volumes.
Can enter at current market price.
Target - 55/60/70
SL - 35
Above 70 it will be a delight!!!
Need greater patience, since it is a PSU banking stock it will rise on a gradual basis!!!(Maybe more than 3 months)
Note: All levels are only for educational purpose.
Follow and show your support!!! _/\_