ASIAN PAINTS - POSITIONAL SWING TRADE IDEA IN CASHSYMBOL - ASIANPAINT
Asian Paints is the largest home decor company in India. The 80+ year old company has major brands like Asian Paints, Berger, Apco etc. under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows.
Asian Paints is currently trading between two major supply and demand zones since a long time. CMP of Asian paints is 2700 & It is approaching demand zone on weekly basis.
I'm seeing a positional trade opportunity on buy side. I usually trade in futures but this time I'm taking this trade in cash as general elections are due in June which is a major event for market makers.
Current PE of Asian paints is 46 which makes it a value buy at CMP. I'm investing 50% allocation today at CMP 2700. I'll invest 50% more at 2580-2600 levels & will hold this position with 2500 as SL. Targets I'm expecting on long side will be 2950 - 3220 - 3410 & new ATH. I'm ready to hold this trade for 3 - 6 months.
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!
Swingtrading
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!
Scanner scans - Rpower, PrincepipeRpower showed up on the scanner and gave handsome 12% returns in few days.
Now Princepipe and VIPind has come up.
Lets see how this goes.
SPARC which did show up on the scanner is just passing time and not doing anything, hasn't hit the SL or TGT but I got out of it with minor gains and then employed the amount in Rpower.
IIFLSEC : Momentum Stock#IIFLSEC #tws #FVG #breakout #trendingstock
IIFLSEC : Swing Trade
>> TWS & FVG Visible
>> Bounce back from FVG
>> Trending setup
>> Good Strength & Volumes
>> Low PE Stock
Swing Traders can lock profit at 10% & keep Trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
CAPACITE : Breakout Candidate#CAPACITE #breakout #vcppattern #trendingstock #swingtrade#Momentumtrade
CAPACITE : Swing Trade
>> Breakout Candidate
>> VCP Pattern
>> Trending Setup
>> Good Strength & Volumes
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Bullish Swing Trading Setup in HAVELLS INDIA LTD
Today Havells performed well after breaking it's major resistance of 15 minutes.
My expectation is bullish for few trading sessions but only after a retracement.
If Price retrace then I will have bullish overview for a swing, so it's better find bullish opportunity for upswing. If price sustain above previous resistance which can act as a support.
This is just a overview, I am not recommending to buy or sell. This information is just for educational purposes, remember I am not SEBI REGISTERED
Biocon ready to fly; 25% Return; short term investmentHuge potential is there.
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - "355"
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If you are interested in investment now, go for it with proper risk,
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Overall " biocon" fundamentally good stock.
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Enter after market Breaks
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer over old posted idea attached below.
JKCEMENT looks bullishHere's a detailed look at JK Cement's chart that caught my eye.
1. Resistance Zone: The stock faced strong resistance around ₹4,500, with multiple rejections at this level over the past few months. This was a tough barrier to crack!
2. Higher Highs and Higher Lows: The trend has been bullish, with a clear formation of higher highs and higher lows, signaling strength in the uptrend.
3. Support Level: We see solid support around ₹3,624, where buyers have consistently stepped in to push the price back up.
4. Inverted Head & Shoulders Pattern: A textbook inverted head and shoulders pattern has formed near the support level. This is typically a bullish reversal pattern, and it's exciting to see it play out here!
5. Breakout Alert: The stock has broken out of the neckline of the inverted head and shoulders pattern, moving above the previous resistance level. This breakout is a strong buy signal, pointing to potential further gains.
6. Trade Setup: I've got my eyes on this one. Entry on the breakout, with a stop-loss just below the support level, and a target way above, giving this trade a fantastic risk-to-reward ratio.
This is a classic setup for those who love technical analysis! Let’s see how this plays out.
Do your own analysis before investing!
CARTRADE - VCP Chart Pattern Breakout🔊 CARTRADE - VCP Chart Pattern Breakout
CARTRADE - CARTRADE TECH LTD
⌛Trade Type - Swing Trade (1 week to 4 week)
📊📈 Trade Logic - VCP Chart Pattern Breakout
CMP - ₹991.45
Time Frame - Daily
🎯Target 1 : ₹1050
🎯Target 2 : ₹1100
🎯Target 3 : ₹1150
🛑 Stop : ₹939
🏆 Risk/Reward Ratio (1: 3)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
L&T Finance (LTF) – quick gains alertSep 13, 2024
L&T Finance is in subwave 5 of Wave 3.
Application of Ichimoku cloud shows today’s candle has closed above TS. On the daily chart, the Sep 13 candle closed just above the cloud top.
Price may hit a hurdle around Rs. 182 and go sideways. However, the probability of overcoming this hurdle is high.
Also supporting this view is the fact that the stock is going through subwave 5, which is expected to hit the 100% Fib level.
However, if the daily candle closes below the low of Sep 12, 2024, candle, then we may see downtrend setting in, and it would be the signal to exit the trade.
Share the name of the stock you're interested in, and we'll be more than happy to conduct a thorough analysis for you.
Disclaimer: We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Perfect Trading Setup- BRITANNIA INDSUTRIES LTD Britannia has break the resistance on daily Timeframe and retested previous resistance that has become a good support on 15 minutes timeframe So my overview is very bullish in this FMCG stock.
It's a perfect Price action for a Swing Trading which can be hold for next few days.
Options selling will be my favourite because 26 September is a expiry and premium will decay fast.
I Always trade with a hedge to minimize losses and also use Stoploss.
This is just my overview after analysing and I am not recommending to trade. This is just for teaching and Observing purpose
GEEKAYWIRE - Breakout and retest GEEKAYWIRE - Breakout and retest observed in Geekay Wires, the breakout was with good volumes.
This stock has excellent fundamentals and a classic compounder chart patterns. The company has been a very good performer with very impressive clientele.
This can be both a swing and long term option.
Note: These views are personal and for educational purpose. Please conduct your own research when investing.
Ask Automotive : Breakout Stock#Askautoltd #vcp #Flagpattern #chartpattern #breakouttrading
ASK AUTOMOTIVE LTD : Swing Trade
>> Basing Patern at 10EMA (VCP Forming)
>> Flag Breakout
>>Trending Setup
>> Good Strength & Volume Rising
>> Upside Potential upto 16%
Swing Traders can lock Profit at 10% and Keep trailing
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Disclaimer : Charts Shared are for Learning Purpose, not a Trade Recommendation
IIFLSEC : Bounce Back from FVG#IIFLSEC #Threewhitesoldiers #fairvaluegap #momentumpick #Trendingstock
IIFL Securities : Swing Trade
>> Trending Setup
>> Stock in Uptrend
>> TWS & FVG Visible
>> Price Respecting FVG and showing Bounce back
>> Upside Potential upto 20%
>> Low PE Stock
Swing Traders can lock Profit at 10% and keep trailing.
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Disclaimer : Charts shared for Learning Purpose only, not a Trade Recommendation.
VAISHALI - Rounding Bottom Breakout on Daily ChartVaishali Pharma gave good rounding bottom pattern breakout on daily chart. This stock is from pharma sector and the pharma sector is currently in good momentum. It has potential to give 20% to 30% return in 4 to 5 weeks. So keep watch on this stock. The target level provided are based on Fibonacci retracement levels which is ₹223 ( 1.33 retracement level) as 1st target, ₹245 ( 1.66 retracement level) as 2nd target and ₹272 ( 2 retracement level) as 3rd target