Medium term trading opportunity in ABFRL for > 25% upsideHi,
NSE:ABFRL has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
TERM
RELIANCE Levels For Intraday or swing TradingChart Overview:
Current Price: ₹6,735.851.
Recent Performance:
1 day: +0.80%
5 days: +0.48%
1 month: +0.54%
6 months: +2.42%
Year to date: +16.29%
1 year: +21.40%
5 years: +165.58%
Support and Resistance Levels:
Pivot Points:
Resistance 1 (R1): ₹6,650.37
Resistance 2 (R2): ₹6,684.38
Resistance 3 (R3): ₹6,712.77
Pivot Point: ₹6,621.98
Support 1 (S1): ₹6,587.97
Support 2 (S2): ₹6,559.58
Support 3 (S3): ₹6,525.57
ASAHISONG Long Idea on weekly and monthly timeframeHi guys, I'm here again after years and I'll start posting again from now. Today I am here with another idea. The stock is ASAHISONG and the levels are mentioned on the chart.
CMP 411.45
Can be bought if it closes above 443 on weekly chart for at least 30% returns in medium term.
Note: This is not a recommendation. It is only for educational purposes. I am not a SEBI registered advisor. Don't treat this post as an investment advice and take your own risk accordingly.
Medium Term Trading Opportunity in Indian Hotels for >20% UpsideHi,
NSE:INDHOTEL has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss on Weekly Closing basis and targets mentioned on the charts for educational purpose.
Don't Forget to Subscribe to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
PSP Projects AnalysisHey Guys,
Here is the analysis of PSP Projects. An undervalued firm, it's a small-mid cap stock however, as per the analysis conducted by my team and I, we've picked this stock.
We've got a view from Short term to Long term for this one.
Here are the details-CMP- 632.45
Targets:
Short Term (upto 2 months)- 701
Medium Term (6 Months to 1 year)- 742
Long Term (more than 1 year)- 805
It would be ideal to have a Trailing Stoploss of 557. (Trailing refers to changing your stoploss as targets are achieved).
Let me know what you think about this one.
Balaji Amines - Medium Term Momentum Chemical industries have been sluggish on fundamental clues due to macro economics. However, this speciality chemical company is ready to make a move. Technical Weekly sharts shows signs of momentum for an upmove. One can enter at 2345 with medium term Target of 3050 and stop loss of 2000
Long-Term View on Adani Port StockTradingView Idea: Long-Term View on Adani Port Stock
Overview:
Adani Port (NSE: ADANIPORTS) is a leading Indian multinational logistics company engaged in the business of handling and managing ports, terminals, and related activities. This TradingView idea presents a long-term view on Adani Port stock, with a focus on identifying a good buying level within the range of 715 to 735.
Key Points:
1. Stock: Adani Port (NSE: ADANIPORTS)
2. View: Long-term
3. Buying Level: 715 to 735
Analysis:
Adani Port stock has demonstrated strength and resilience over time, with a positive growth trajectory. The stock has witnessed notable uptrends in the past, driven by strong fundamentals and favorable market conditions.
The suggested buying level of 715 to 735 presents an opportunity for long-term investors to enter the stock. This range has historically served as a support zone, indicating potential buying interest and price stability. As long as the stock remains within this range, it offers an attractive entry point for investors aiming to establish a position in Adani Port with a long-term perspective.
However, it's important to conduct thorough research and consider other factors before making any investment decisions. Fundamental analysis, such as assessing the company's financial health, growth prospects, and industry trends, should complement technical analysis to gain a comprehensive understanding of the stock's potential.
Risk Considerations:
1. Market Volatility: Despite positive long-term prospects, stock prices can be influenced by market volatility and economic factors.
2. Industry and Regulatory Risks: Adani Port's performance may be impacted by changes in the logistics sector, regulatory developments, or geopolitical factors.
3. Individual Risk Tolerance: Investors should evaluate their risk tolerance, financial goals, and investment horizon before making any trading decisions.
Disclaimer:
This TradingView idea is solely for informational purposes and does not constitute financial advice. Always conduct your own analysis and consult with a qualified financial advisor before making investment decisions. The stock market involves risks, and past performance is not indicative of future results.
Alembic Ltd Weekly Analysis for Long duration NSE:ALEMBICLTD Weekly Analysis for long period
Trendline Breakout and sustained above strong support with LH LH structure
Buy Above 77 only of it sustained and give clear breakout with SL of 65 Strong Support as it was strong resistance since the beginning of its launch (1999).
T1 85
T2 98
T3 115
HOW-TO apply an indicator that is only available upon request?Recently, I've realized that my typical day involves constant encounters with indicators. For example, when the alarm clock rings, it's an indicator that it's morning and time to get up. I am checking the phone and once again paying attention to the indicators: battery charge and network signal level. I figure out in just one second that such a complex element of the phone as the battery is 100% charged and the signal from the cell towers is good enough.
Then I’m going out on a busy street, and it's only because of the traffic light indicator that I can safely cross the road to reach the parking lot. Looking at the on-board computer of my car, with its many indicators, I know that all the components of this complicated mechanism are working properly, and I can start driving.
Now, imagine what would happen if none of this existed. I would have to act blindly, relying on luck: hoping that I would wake up on time, that the phone would work today, that car drivers would let me cross the road, and that my own car would not suddenly stop because it ran out of gas.
We can say that indicators help to explain complex processes or phenomena in simple and understandable language. I think they will always be in demand in today's complex world, where we deal with a huge flow of information that cannot be perceived without simplifications.
If we talk about the financial market, it's all about constant data, data, data. Add in the element of randomness and everything becomes totally messed up.
To create indicators that simplify the analysis of financial information, the TradingView platform uses its own programming language — Pine Script . With this language, you can describe not only unique indicators, but also strategies — meaning algorithms for opening and closing positions.
All these tools are grouped together under the term "script" . Just like a trade or educational idea, a script can also be published. After this, it will be available to other users. The published script can be:
1. Visible in the list of community scripts with unrestricted access. Simply find the script by its name and add it to the chart.
2. Visible in the list of community scripts, but access is by invitation only. You'll need to find the script by its name and request access from its author.
3. Not visible in the list of community scripts, but accessible via a link. To add such a script to a chart, you need to have the link.
4. Not visible in the list of community scripts; access is by invitation only. You'll need both a link to the script and permission for access obtained from its author.
If you have added to your favorites a script that requires permission from the author, you'll only be able to start using the indicators after the author includes you in the script's user list. Without this, you will get an error message every time you add an indicator to the chart. In this case, contact the author to learn how to gain access. Instructions on how to contact the author are located after the script's description and highlighted within a frame. There you will also find the 'Add to favorite indicators' button.
The access can be valid until a certain date or indefinitely. If the author has granted access, you will be able to add the script to the chart.
TATAMOTORS Long for Medium TermThe stock has been in consolidation mode since July 2023 in the range of 600/- to 660/-.
It broke out of this consolidation range and closed at 671.55 today the 15th Nov 2023 with a daily volume of 11.32 mil shares against the average daily volume of 9.03mil shares.
The stock has been consolidating above its all time high of 603.80 reached on 3rd Feb 2015, however it is still inside the daily sell zone of 666/- to 678/-
INFERENCE: The stock shows strength in the current state and one can go long after a close above 678/-.
Medium Term Target: We are looking at a medium term (4 to 6 months) target of 860/-. This is about 26% on 678/-.
Investment_ AmazonNamaste!
Amazon has corrected enough to look attractive to value investors. VI basically mean they will look for:
1. Low P/E ratio,
2. An long term up-trending stock (Amazon is that),
3. Fear in the markets, Etc.
Investors like Warren Buffet doesn't buy when the market is at all time high and people think it will keep going up in a straight line.
He and other value investors wait for an opportunity, when there is fear and it results in considerable fall in the stock prices. It's when they come in.
For Amazon, I can say with 100% confidence, value investors must be jumping in. This opportunity (because of correction) is rare and happens in 4-5 years approx. They are smart people and following them is a smarter decision. Amazon is definitely a buy, at current prices or at break of 118.
The most important rule in Investing is, never ever sell at a loss. There are only two possibilities in my opinion, either the company goes bankrupt, or you make money.
Disclaimer: Investment carries an element of financial risk. Investment does not guarantee a fixed return due to volatile nature of markets. Please do your due-diligence before investing. You are solely responsible for your decisions.
XAUUSD Short Term IdeaShort Position with SL and 3 TPs.
All ideas are my own analysis. For educational Purpose only. Any Loss on taking this trade is not my responsibility. Taking position off my idea is own responsibility, Users are responsible for their our actions. Tip: Always trade with Risk Management