HCL Technologies ltd. Stock analysis 7 March 2022In this stock a raising wedge is forming indicating downward momentum. Levels are given to trade according.
Technical
Reliance -- Taking support on previous resistanceBuy:
Taking support on previous resistance and forming large bullish candle
+points -- Support on trend line
Support on 50 MA
bounce back from previous resistance
Time to achieve the target is 1 to 3 month
Note: Green line is target
Red Line is support area
JSW Energy Technical AnalysisJSW Energy
Breakout after 3 months Consolidation
Good Volumes
Entry above 325.50
Target:-355/380/ 400+
SL:- 300
Contact your financial advisor before taking any investment decision.
JSPL: 16% ROI in 15 daysOn Jan 27, when the stock was at 376,
this is what was suggested
The stock gave ample opportunity to buy.
Today JSPL has made a high of 444.80
That is 18% ROI in about 15 days.
CMP 438 (16.5% approx)
Profit booking can be considered
Just following SImple Technical Analysis and results are in front of you
Happy trading....!!!
(P.S: The credit here goes to Krishna ji for highlighting this set up😀)
Cholamandalam Investment ( Inverted Head And Shoulder)Cholamandalam Investment has formed a good Inverted Head And Shoulder pattern with good volumes. The stock is also moving in all time zone so it can be bullish. I expect a breakout and then a retest. You can add with small quantity at breakout and remaining after retest as usual.
Omaxe Ltd Chart AnalysisOmaxe Ltd.
Darvas Box Breakout
With Massive Volumes
Was consolidating since Dec 2020
Entry above 103
Target Expected: Approx 50%+ returns
SL:- 94.50
Chart shared for educational purpose. Contact your financial advisor before taking any investment decision.
BTC/USD PullbackNot a trading or investing recommendation. The below analysis is only for educational purpose.
Reason for believing this is a pullback to the 200MA (first target):
1. Price broke the most recent lower high in the recent lower high-lower low structure & is able to sustain above the last lower high.
2. Downtrend line broken.
3. Clear stopping volume & igniting volume seen.
4. All three, Monthly-weekly-daily timeframes showing bullish bias.
5. Massive clearing/Marubozu bar on 4-Feb with tons of volume.
6. Spread between price & 200MA fairly large.
From a longer term perspective, until price closes above 200DMA around $49,200, the major trend would still be considered a downtrend. However, if this current up move sustains itself above 200DMA, then the major trend shifts upwards.
All the best!
Disclaimer- I don't own Bitcoin.
Indus tower techninal analysis targetindus tower after showing h and s pattren . ready to give aa symmetry triangle breakout. cmp @250 tgt 30 % 6-8 weeks or less
ETCUSDT bout to retest ETCUSDT break accumulation phase on 2 hrs timeframe and now coming to retest. Technical analysis shows possible path for bullish short term goal
nifty levels for thursday expiry 27 january 2022this is only my own trading idea please trade your own risk.
be safe, thursday maket is very volatile
buy nifty call when nifty is trade above 17250 with minimum stoploss our 1st target is 17350 and second target is 17450 .
do not greedy in market book profit trailing stoploss and enjoy profit.
Only for study purpose ... DISCLAIMER :
You can see ENTRY and TGT points and also SL ...
But one more thing ...
you can Enter here or you can take entry on a retest of the zone.
FALL IN NIFTY MAY CONTINUE-WAIT FOR GOOD ENTRIES IN CASH MARKET.Dear Traders,
Looks like triangle pattern is forming in NIFTY, market is preparing for big future moves. Selling may continue till gap and previous resistance zone.
Have a good day Traders.
Stock With Good Risk To Reward Ratio.Dear Traders,
I am happy to Sharing Good Risk to Reward Ratio Stock. IBREALEST is forming Triangle Pattern from past 5 Months. Also whenever it touches trendline buying happens with good Volume. So, those who missed previous supports will be eager to buy it from here.
Caution: Nifty and Banknifty may rest or fall further, so, please consider them while take your positions.
Happy Trading Guys. Posting it before 2 Days from Monday so you all can analyse it from your side too.
CLEAR WINNER IN BEARISH MARKET---1 MONTH=10%Dear Traders,
Good afternoon, This gem is consolidating from past 3 moths. also the range is getting small each moth. Moreover, in market crash this stock took support and didn't fell like every other stock. You can buy it 50% now and 50% after good volume SL should be below trendline. Please do your analysis before taking any decision.
XAUUSD GETTING BEARISH NOWGOLD is stuck in very strong resistance of 1828 so we are respecting to gold start falling from here
Bajaj finance limited Bajaj finance has retested in neckline 7472.35. If the price moves up side,
SHORT TERM TARGETS
TARGET 1 - 7676.09
TARGET 2 - 7842.75
LONG TERM ANALYSIS
TARGET 1 - 8416.15
TARGET 2 - 8669.40
If the price fall below neckline stock price can move down up to 6885.30.
Fundamentals:
For the last ten years revenue and net profit has grown well.
Current ratio looks good.
Debt equity ratio is high.
Interest coverage ratio is low which is not a good sign.
Last six years book value has risen from 95.71 in 2014 to 613.71 in 2020.
long As per the weekly chart, tinplate is given the multi-year break-out with cup and handle pattern. Volumes are supporting the break-out. Good result of Q3 is also supporting the break-out.
HAL BullishEduction purpose only not Trading , i am not responsible for any loss
HAL took Breakout from Triangle pattern I believe it will reach target i mentioned
STOCK WITH FUNDAMENTALS---IT'S TATA.(BIG MOVE CAN BE EXPECTED)Dear Traders,
Please find this fundamentally strong stock a huge winner in short term. As it is consolidating after giving goods returns. Also, after breakout selling pressure is minimal in front of bulls. Put your stop loss as per your risk capacity. I would personally wait for good RR ratio.
LONG BATA INDIABATA India break the trend line with double bottom seems to be bullish in near future.detail justification and expected target given in chart. NSE:BATAINDIA
Bank Nifty roars, so does India Vix. What Next?NIFTY 50 EOD ANALYSIS 5-1-22
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 17820.10
H 17944.70
L 17748.85
C 17925.25
EOD +120.00 points / +0.67%
SGX Nifty 5-1-22 @ 1830h = -8
FII DII = Not yet available
CHART BASED CONCLUSIONS using 5 Minutes Chart
Nifty opened flat and then there was a mini sell-off as it tried to trade above the previous close. However, it found support around 17750 and then moved up a 100+ points and found resistance around 17850 and was back to 17800.
It then never looked back and made a steady climb to hit the day high and close just below the level and above 17900.
Both the indices have made higher highs and higher lows which is a good sign.
NIFTY WEIGHT LIFTERS & DRAGGERS
Top 5 Lifters contributed = 99
Top 5 Draggers contributed = 45
Net = +54
BANK NIFTY WEIGHT LIFTERS & DRAGGERS
Top 3 Lifters contributed = 606
Top 3 Draggers contributed = 00
Net = +606
POSITIVES
Bank Nifty has closed comfortably above 37000.
Nifty ended the day despite pressure from IT leaders and HDFC, above 17900.
Bullishness in Banking & Finance scrips was strong.
FIIs have bought in excess of 1,200 Crores.
NEGATIVES
IT leaders dragged Nifty - Infosys in particular which was a negative yesterday as well.
Spike in India Vix as it closed above 17.
TRADING RANGE FOR 05 JAN 22
Nifty support = 17400-500
Nifty resistance = 17950-18000-18100
Bank Nifty Support = 36000-200
Bank Nifty resistance = 37800-38000-200
INSIGHTS / OBSERVATIONS
The most surprising fact of the day was that India Vix has roared along with Bank Nifty. It is an uncommon occurrence and is signaling that there is panic setting in at higher levels. Could this be on account of the rising Covid related uncertainties?
Nifty underperformed Bank Nifty on account of Infosys, TCS, and HDFC. The good thing is that the higher low of Nifty is now 150+ points above. This indicates the underlying bullishness at lower levels.
Bank Nifty made a bounce of 1100 points from the day low which is good and that is the reason why it was able to outperform Nifty today. The top 3 leaders contributed 600+ of these indicating that the index wide bullishness was good.
Of the top 5 draggers of Nifty, the first 4 are from the IT pack. And all the top 5 lifters of Nifty are from Banking & Finance. So it was Banking & Finance Vs IT.
What do you feel about this?
Here is the link to the video:
youtu.be
Thank you, and Happy Money Making!
Umesh
5-1-22
NOTE --
This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right.
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GALAUSD will breakout soonBINANCE:GALAUSD , Technical analysis shows that gala is at its breakout point. If the Breakout is bullish then price target is 50 dollars.
