Falling wedge pattern breakout in BHARTIARTL In today's session seen Falling wedge pattern breakout in BHARTIARTL. According to this pattern expected first initial target 755+ and Final target is 835+ in BHARTIARTL.
Technical_analysis
My View on HDFC Life for coming weeks/monthsThis is proof that when the bear strikes, fundamentals of the stock become irrelevant. Although please don't mistake me for a bear, I'm just a greedy bull looking for cheaper prices.
Shown in the chart is a classic example of how early institutional investors dump on retail investors. As you can see in the chart, the entire year of 2021 was a distribution range, and once we broke-down from it, there was an accelerated sell-off. Key notes from the chart :
1) Trend shift has been confirmed as market structure has officially changed to lower highs and lower lows on the weekly/monthly timeframe.
2) This doesn't mean we go short now, because we're at strong support and momentum indicators are extremely oversold.
3) Looking for potential lower highs to get into short positions for lower lows (potential positional trade).
4) We could also potentially trend up from here, re-test current lows, and after some accumulation ultimate trend higher.
Possible paths have been shown (just ideas, doesn't have to play out like this).
Regardless, currently the trend is down, and unless that changes, I will be looking for lower prices. Anything below 500 is a steal from an investment perspective because the stock's fundamentals haven't changed.
Good Luck.
Note: This is not Financial Advice. This is for educational/entertainment purposes only.
EURCHF BEARISH SCENARIOLook for short from the poi zone with small sl and minimum 1:3 rr
take short only if price reach the expected poi zone
Bank nifty Setup today (14 Feb 22) if the Bank nifty value go upwards , the value might reach 37820
if the Bank nifty value go downward , the value might reach 36840
Chola Finance 100% Positive Breakout Buy hi guys ,
Chola finance is clearly breakout of resistance of 668 , so Buy in current level - 681 level and Target is 735 - 740 .
please comment on this idea what is your opinion .
suprajit for go long1. price is taking support on the levels
2. rsi also may get suppurt on 40 for next candle
CONCOR: Bullish ContinuationStock is rising in impulsive way. We can clearly spot impulsive nature of price action. Currently we can expect the 4th wave completion & the stock is rising up into its 5th wave.
One should buy the stock with SL OF 580 & look for the target of 900-980 zone.
POLYCAB breakout in dailytimeframewe can go long in POLYCAB
keep an eye
Ask me SL and target in DM
Insta handle @queenofstockmarket
right time to invest in roads of INDIA OVERVIEW OF HG INFRA -
company works under infrastructure sector ; construct roads, bridges, highways, extension and grading of runways, railways and land development.
HGIEL has evolved into a leading Indian road infrastructure development company, with a project execution capabilities over 9 states.
company is successfully completing and overtaking new projects. even in covoid company was able to generate profit.
company's client list - 1.NHAI 2.MORTH 3.PWD RAJASTHAN 4. IRB 5.MRM 6.TATA 7.ADANI 8.JAIPUR DA 9.MES
if we look closely around ongoing and upcoming project details of company most of them are commissioned by NHAI (National Highway Authority of India ). and if look closely sector wise infrastructure sector is not that much focused in market for now. but g-summit 2023 is going to happen in INDIA . NHAI giving contracts to develop indian infrastructure for upcoming largest event in 2023. we can bet on HG infra for infrastructure theme.
COMPANY'S FUNDAMENTAL-
1.constant growth in revenue and profits no dent.
2.holdings are strong with no pledging.
3.company's expenditures are decreasing with increase in revenue and profitability which is good sign.
4.company's EPS is increasing year on year.
5.PBT,EBITDA ratio increasing
6. less than sector PE ratio ( sector pe -75.88 / company's pe ratio -16.33 )
7. ROE - 22.27%
8. high debt company's working model still dept to equity is 0.65
TECHNICAL ANALYSIS-
corrected almost 31% from its all time high.
creating a base after correction.
pullback below 580 price happened twice.
right time to invest some part of capital in this stock.
this study is for education purpose only.
RELIANCE & FLAG CONTINUATION PATTERN NSE:RELIANCE
one day time frame, we can see a flag chart pattern in reliance ind.it means,this may probably go up in the coming days
Cadila Healthcare_Mid Term betInvest in Cadila Healthcare at CMP. Results for Q2 seems to be good. Stock has taken support from 400 days EMA and ready to bounce with bang.
Tata Power Stock Price AnalysisTata Power Fake breakout.
keep an eye on it.............................
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON MTARTECH.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
UPL: ENDING DIAGONALStock has formed an ending diagonal pattern. One should go long on cmp i.e. 740-42 keeping a stop loss of 720 & look for the target of 770-75 zone !
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON NRAIL.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
Favourable R:R ratio - SIEMENSThe stock has corrected after the huge spurt in vol as well as price. The volumes during correction are low and have dried up. The stock has taken support on 20EMA on W time frame and has bounced off from 100EMA on D time frame. It has also respected the trend line. RSI and MACD are also complimenting the price action. The RSI is on rise and MACD is also moving towards uptrend.
Time to go long on Kotak bank. Kotak bank has broken trendline on daily closing... Risk reward is great for positional and swing trader. Only 5 % risk and reward is 30 %.. Holding period 2 or 3 months. U can see 2000 target 🎯 with stoploss of 1695.
Trent fresh ideaTrent had given a big fall from 947 to around 840 in the past few trading sessions. But, today it has again picked up a bullish momentum with very high volumes.
On the daily TF chart, a sharp reversal, a kind of Morning Star pattern from 23.6% retracement is visible & formation of cup and handle pattern with 945-950 being a strong supply zone which can be tested soon which is almost 3-4% from CMP (I personally bought it at 909)
Breakout of 950 levels with good volumes can be an indicator of another rally, which can be expected based on today's movement.
Please do your own analysis & trade accordingly as this is just my personal opinion for educational purposes.
Cup forming on Kotak bank
Chart Analysis:- On hourly TF of Kotak Bank we can see that Stock is making two patterns – Symmetrical Triangle and Cup - where Triangle is already formed but cup is yet to be form. As we know symmetrical triangle is bullish pattern and cup is forming so after a triangle breakout with a good volume we’ll see our expected targets and we can also take a help of indicators to confirmation of trade.
• RSI is at 55 levels and also taking support on trendline.
• On DMI DI+ line is crossing DI- line and approaching upward ADX line is below 20 which shows low momentum in stock right now but it will also support after Triangle breakout.
• Bollinger bands is also giving Bullish signal stock is taking support on 20 EMA line.
Entry point- 1756 - 1760
Targets
• 1770
• 1783
• 1809
Stoploss –
• 1727
Disclaimer - I am not SEBI registered analyst and I can be 100% wrong so do your own due diligence and consult with your financial advisor before investing.
