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LONG-TERM-ACCUMULATION-CHANNEL-BREAKOUT-VOLUME-PROFILEDisclaimer-: 1. Long-Term Bets can be solely made from technical analysis if done correctly. Nonetheless this can be used in combination with Fundamental Analysis . So readers feel free to comment fundamental ideas if any, either in support of long or short, both will be highly appreciated. 2. **FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED. 3. Do ask your questions in the comments if any. VOLUME-PROFILE-: Can be used to identify accumulation/distribution regions when we compare the current region volume to previous/historical volume. During trend-reversal if the previous trend volume is lower as compared to current region volume then high chance that reversal will take place and will face less resistance to previous trend. By spotting the regions at the right time we can enter and not miss out on the nice trend. OBSERVATIONS-: NSE:IBULHSGFIN was in a downtrend. it broke out of the channel whose trendlines have been tested at least 3 times. Thus giving a strong breakout. Recently it formed a nice triangular pattern and has given a breakout. The volume of current region is very very high compared to the volume of fall. It means trend -reversal will happen and now accumulation is happening. Moreover as it moves forward it will face weak resistance. A nice breakout above 300 level will confirm and uptrend may start. TARGET WITH LOGIC Since the all the time high level, 1370 , stock has been falling with very low volume . While now the volume of accumulation is too high, so there is a high chance it can reach the all-time high. ENTRY-: Above 300 breakout with confirmation. You can also do position sizing . STOP-LOSS-: Since 55 is a nice support level so for a long-term bet a conservative and wide stop-loss is essential. In this case since the target is high enough, it makes sense to have a deep stop-loss. EXIT Sometimes we have to exit before target. Following can be taken as signs of bearishness-: 1. If there is bearish candlestick pattern in 1W timeframe, stop-loss can be trailed to a nearby support level .(Like Candle Low) 2. If there is RSI Divergence in 1W timeframe, better to exit at close of 1W since afterwards there can be long consolidation or reversal. 3. If the trailing stop-loss is hit, please exit **IF YOU LIKE MY ANALYSIS, KINDLY GIVE A THUMBS-UP AND SHARE IT IF POSSIBLE, HELPS A LOT :) **I WILL POST NECESSARY , SIGNIFICANT CHANGES IN THIS THREAD LIKE ADDITION TO POSITION, EXIT SIGNALS, BREAKOUT ETC. TO AVOID MISSING OUT ON UPDATES PLEASE REMEMBER TO FOLLOW THE POST AND MY ACCOUNT. **YOU CAN TURN ON NOTIFICATION TO BE UPDATED OF CHANGES **ANY COMMENT ON THE ANALYSIS WILL BE HIGHLY APPRECIATED. NSE:IBULHSGFIN
ILong
by VPA_TRADER
#CUPID.. What will happen?? ..Short term consolidation or ATHCUPID is a small cap with amazing fundamentals (20% YOY growth, 20% ROIC).. It is a hidden gem with multi-bagger potential (a small cap doesn't need much capital for 2-3X) Looking at current situation I would say there is a higher chance that the stock may move down to 200-205 levels.. consolidates for a bit and then moves up.. But there is also a chance for a move upwards (albeit small).. The support (short term trend line) is holding well even at high selloff volumes.. So buyers may come in and finally push this stock to ATH Can go up to 300 if upwards break happens.. Can add to my position around 200 if it comes down... Not suggesting you do the same, but keep an eye...Can be a great buy.. Also Do your own research, it is important..
NSE:CUPID
by Munchkunster
Adani Power: Looking for alternative powerAdani Power CMP 47.35 - We observe a sudden surge in the stock from 34 odd levels to 64 - the red zone has acted as a major resistance zone since 2013 - it again acted as resistance and the stock has tumbled to 47 - this could be a case of pump and dump however at current levels of 47 the stock is at multiple support zone levels - & if the stock is able to hold on to this zone of 38-47, then the chart pattern has a strong probability to go past the big resistance zone around 66 in it's next attempt - once it crosses, doors would open up for movement towards 96 / 115 levels One may consider buying in staggered manner for medium to longer time horizon. Pattern gets invalidated if trades below 34 Take care & safe trading...!!! Disclaimer: - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - Do your own analysis and consult your financial adviser if need be
NSE:ADANIPOWERLong
by indiamarketoutlook
DAILY SWING CALL // Thursday 3rd of June 2021 // NRBBEARINGDAILY SWING CALL // Thursday 3rd of June 2021 // NSE:NRBBEARING // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 118.9 TARGET: 137+ (15% Around) STOP LOSS: 107 (10% Max) Standard Notes: - Please follow the Stop Loss strictly and preferably on a daily closing basis. - Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved. - Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period. - If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed. Disclosure: I may or may not have a position in this trade. Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
NSE:NRBBEARINGLong
by Amit_Padishalwar
ONGC - PRICE ACTION ANALYSIS💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<>>>>>
NSE:ONGCLong
by Averoy_Apoorv_Analysis
4
HDFC bank chart analysis All breakouts and targets are mentioned on the chart. another logic is we are in a bull run & all other has performed well, HDFC bank is yet to perform, dont miss the bull run, be apart of it. Do follow me for more swing & intraday call. if you like my work do cheer me. Also, comments your views on this. all the above analysis is my own, if anybody keeps an different opinion can also share. trade on your own risk, analysis is just for educational purpose. Thank you.
NSE:HDFCBANKLong
by yugant_14
ONGC – TrendLine Beakout on Monthly Chart ENTRY: CMP (126.5) breakout was 121.2 Target1: 168 Target2: 234.4 Target1: 293.25 Stop Loss : 118.8 (Weekly Close). Deep SL 104.15 Will Update Trailing Stop loss whenever required. Duration : 4-5 Years Stock has broken Monthly Trend line which started from Sep 2014. Also last week close was above 121.2 which was Previous Support on Monthly chart same should have acted as resistance which didn’t happened hence script is showing good strength. Heavy Volume also seen last few month, signaling accumulation phase over or almost about to end in this script. Fundamentally Co has good record of making consistence Profits for its share holders. Cash Flow Statement has been consistently growing hence Co is able to give good Dividend over years. Dividend yield is around 4%. Debt to Equity 0.5 times (favourable) Book Value 167 vs CMP 125 (Available at discount) Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position. Please like Share and Comment if you like our work.
NSE:ONGCLong
by SagirKazi