Get started

Tradingideas

Cera is on a bull run, chart indicates further rise in price!Weekly Chart The stock has been experiencing a strong upward trend, consistently pushing its highs and lows to new heights. We've noticed that the bullish pole and flag pattern appeared twice in a row, indicated a solid presence of buyers in this stock. Recently, a breakout occurred on the weekly chart with high trading volume, suggesting that the price is set to rise again. Daily Chart Following a notable rejection around the 9,600 mark, the stock experienced a considerable correction. The formation of a Double Bottom pattern signaled a reversal in the downtrend, leading to a robust upward movement. This impressive rally brought the price back to its former resistance level, but it struggled to break through, leading to a period of consolidation just beneath that threshold. In an unexpected turn, the stock gapped up and successfully surpassed its immediate resistance, maintaining its position above this critical level. With trading volume on the rise, there is a promising outlook for a significant upward surge in the stock price.
NSE:CERALong
by GoodluckCapital
Dr Lal Pathlabs Ltd| Diagnostics momentum StocksDr Lal Pathlabs Ltd| Diagnostics momentum Stocks Dr. Lal PathLabs Limited is one of India’s leading consumer healthcare brand in diagnostic services. It has an integrated nationwide network, where patients and healthcare providers are offered a broad range of diagnostic and related healthcare tests and services . Financial: Strong Market Cap = 21,675 Cr. ROCE = 18.2 % ROE = 15.0 % Debt to equity =0.17 Promoter holding = 54.6 % Piotroski score = 6.00 Sales growth 3Years = 14.9 % Profit Var 3Yrs = 1.81 % Return on assets = 10.2 % Dr lal is now in strong momentum diagnostics stock. you can add in your watchlist and research on it. Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation. If you like my ideas than like boost and follow me for more ideas. Thanks and comment freely
NSE:LALPATHLABLong
by Momentuminvesting5540
1
Short Term Trading Idea in Asahi India Glass for > 10% Upside Hi, NSE:ASAHIINDIA has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on daily and weekly 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 and targets mentioned on the charts for educational purpose. Don't Forget to Follow me 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.
NSE:ASAHIINDIALong
by raigvivek
STARHEALTH (Trendline Breakout Seen on WTF)Star Health and Allied Insurance Company Ltd (STARHEALTH) has given a trendline breakout on the weekly chart frame (WTF). The stock could head towards 610, 650 in the coming few days. Also, increasing volumes can be seen on the WTF. The stock is also trading above 200 EMA level, which is placed at 558 (on daily time frame). Stop loss can be placed at the low of the current weekly candle, which is 555. #STARHEALTH Disclaimer: This post is for educational purpose, and not a recommendation. I am not a SEBI registered analyst. Investors must consult a financial advisor before making any investment.
NSE:STARHEALTHLong
by onkarsoundankar
Get ready for a price surge with Dr Reddy & TTK Prestige!DRREDDY After the market crash in March 2020, the stock began a steady upward movement and formed a Bullish Pennant pattern. After breaking out, the price surged and encountered resistance multiple times near the 5,550 level. Consequently, the stock price experienced a significant drop and entered a prolonged consolidation phase. During this phase, an Inverted Head & Shoulders pattern emerged on the chart. Most recently, a breakout has occurred, causing the stock to move higher. TTKPRESTIG The stock price has developed a Head & Shoulder pattern on the weekly chart. After the pattern breakdown, the price underwent a significant consolidation period and created a Double Bottom pattern, suggesting a potential reversal in the trend. By breaking above the pattern's neckline, the price is now moving upwards with a substantial potential for gains.
NSE:DRREDDYLong
by GoodluckCapital
Gold increases sharply: Investors look for a safe place The US dollar rallied early Wednesday as risk-off sentiment dominated the market. Asian shares came under pressure after disappointing tech earnings reports from major companies such as Alphabet and Tesla. Alphabet achieved good revenue and profits but needed time to see results from its investment in artificial intelligence, while Tesla dropped 7% due to profits not meeting expectations and postponing the Robotaxi event. Fears of a Chinese economic slowdown also supported safe-haven demand for the greenback. On Tuesday, the US dollar rebounded significantly on market jitters ahead of important earnings reports from US companies and a sharp rise in Treasury yields. Investors take profits on USD short positions ahead of Wednesday's preliminary Global Manufacturing and Services PMI data. Weak PMI data could spark recession fears, creating fresh demand for the US dollar. Gold prices could benefit from this scenario if concerns about the US economy reinforce dovish Fed expectations. The market is currently pricing the possibility of the Fed cutting interest rates in September at a 97% probability. All eyes are on the US Q2 GDP report on Thursday and June PCE inflation data on Friday to monitor gold price movements. Note price range: Sell zones: 2424 - 2426 Stop loss: 2430 Take profit 1: 2414 Take profit 2: 2400 Sell ​​zones: 2440 - 2442 Stop loss: 2446 Take profit 1: 2430 Take profit 2: 2420
OANDA:XAUUSDLong
by mswhitetrader
Gold hesitates amid opposing market signals Gold prices (XAU/USD) struggled to gain during the Asian trading session Tuesday, although still above the lowest level of the past week. Joe Biden's withdrawal from the 2024 election has increased Donald Trump's chances, suggesting a looser regulatory environment. At the same time, the People's Bank of China (PBoC) unexpectedly cut interest rates on Monday, which supported upbeat market sentiment and created a drag on gold, a safe-haven precious metal. . Dovish Fed expectations also played an important role in limiting losses for gold. The market currently believes that the Fed will begin lowering interest rates in September and could cut twice more by the end of the year. These predictions have led to a decline in US bond yields, putting pressure on the dollar and thereby supporting the price of gold, a non-yielding asset. Against this backdrop, investors should cautiously wait for further sell-offs before positioning for an extended pullback from recent record highs. Uncertainty about monetary policy and global economic factors continue to strongly influence gold prices, and investment decisions should be based on careful analysis of the current situation. Interesting price areas: Buy zone: 2367 - 2365 Stop loss: 2361 Take profit 1: 2375 Take profit 2: 2385 Sell zone: 2418 - 2420 Stop loss: 2424 Take profit 1: 2410 Take profit 2: 2400
OANDA:XAUUSDShort
by mswhitetrader
The gold market is full of risks, investors should be careful Gold prices (XAU/USD) extended their losing streak for a third trading day, falling to nearly $2,410 during the European session on Friday. The precious metal is under profit-taking pressure after hitting a record high above $2,480 on Tuesday. The strong recovery of the USD and bond yields pulled gold prices lower. Expectations for Donald Trump to return as President of the United States have increased following his assassination. The prospect that President Joe Biden could abandon his re-election bid due to his health also boosted Trump's chances of winning. Trump, with his protectionist trade policies, has increased the attractiveness of the USD, contributing to downward pressure on gold prices. Political uncertainty and geopolitical tensions, along with demand for gold from central banks, could limit the decline in gold prices. Investors see any further price decline as a buying opportunity, based on expectations that prices will rebound once current negative factors are resolved. Price range to note: Buy zone: 2399 - 2401 Stop loss: 2395 Take profit 1: 2410 Take profit 2: 2420 Buy zone: 2391 - 2389 Stop loss: 2385 Take profit 1: 2390 Take profit 2: 2400
OANDA:XAUUSDShort
by mswhitetrader
What factors are holding back the increase in gold prices? Gold prices (XAU/USD) attracted buyers in early trading on Monday, ending a three-day decline from last week's record high. Dovish expectations from the Federal Reserve (Fed) and President Joe Biden's withdrawal from the presidential race have caused some investors to cancel bets on a Trump victory. This reduces the strength of the US dollar and supports gold prices. In addition, concerns about slowing economic growth in China, geopolitical risks from the prolonged Russia-Ukraine war and conflict in the Middle East also contributed to raising gold prices. These factors continue to drive demand for gold as a safe-haven asset. However, XAU/USD is yet to see a strong buying move as traders await US Personal Consumption Price Index (PCE) data on Friday. This data will provide clues about Fed policy, which will determine the near-term trajectory for gold prices. Note price range: Buy zone: 2392 - 2390 Stop loss: 2386 Take profit 1: 2400 Take profit 2: 2410 Buy zone: 2430- 2432 Stop loss: 2436 Take profit 1: 2420 Take profit 2: 2410
OANDA:XAUUSDShort
by mswhitetrader
Medium Term Trading Idea in REC LTD with huge price appreciationHi, REC Ltd has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Daily and Monthly 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. Don't Forget to Follow me 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.
NSE:RECLTDLong
by raigvivek
Short Term Trading Idea in Garden Reach Ship for 20% UpsideHi, NSE:GRSE has given a Bullish Flag Breakout on Daily 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 and targets mentioned on the charts for educational purpose. Don't Forget to Follow me 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.
NSE:GRSELong
by raigvivek
1
XAU weakens as USD risesGold prices continue to be influenced mainly by US interest rate expectations. And the stability in recent sessions reflects the lack of strong signals on the Fed's monetary policy. World gold prices plummeted as the USD continued to demonstrate its strength compared to most other currencies in the world Gold price dropped sharply mainly due to the increase in USD price. DXY index The Fed still follows the trend of delaying interest rate cuts to wait for US macro signals, especially inflation data. Investors are waiting for information about the personal consumption expenditure price index (PCE), expected to be announced this Friday. This is an important measure of the health of the US economy, Gold futures prices recorded modest gains at the beginning of the week, mainly due to the weakening of the USD. The USD index dropped quite sharply, contributing significantly to the rise of gold. Investors are preparing for a busy final week of the month with several important economic reports due for release.
OANDA:XAUUSDShort
by NicoTradingMaster
2
Swing Trade Alert : HSCL BreakoutI'm excited to share a promising swing trade setup for Himadri Speciality Chemical Limited (HSCL). The stock has given a strong breakout on the daily chart, backed by significant volume, pushing above the crucial resistance level of Rs 390. The stock has made a run-away gap on daily chart. With the stock trading above its 50-day and 200-day moving averages and an RSI at 65, HSCL shows a bullish outlook. The breakout volume indicates strong buying interest, making it a compelling swing trade candidate. The stock can seen touching new levels on higher side in upcoming day. Keep this in radar. 𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐚𝐧𝐲 Himadri Speciality Chemical Ltd is a global speciality chemical conglomerate Specializes in producing speciality carbon black, coal tar pitch, refined naphthalene, new energy materials, SNF, speciality oils, power, etc Serving industries such as lithium-ion batteries, paints, plastics, tires, aluminium, graphite electrodes, agrochemicals, defence and construction chemicals. Happy trading! 📈 Disclaimer: Chart shared is for educational purpose and does not include any investment or trading advice
NSE:HSCLLong
by Vipin_Dixena