INDRAMEDCO - Breakout in DayTimeFramePrice consolidate since August 2024 and it breakout today the green trendline. It is hard to have SL for this at this stage so we can use monthly CPR to have SL at 440 range.
Trednline
NMDC DOUBLE BOTTOM NMDC has been falling since more than a year and has now shown signs of bullish nature as the entire market sentiment improves.
NMDC has formed a beautiful double bottom which has been confirmed by the gap up today with good volume. The previous red candles has high volume but no price movement which is a good sign and shows lack of selling pressure.
NMDC weekly chart is also forming a inverted head and shoulders pattern
As the market breaks all time highs and seeks new levels, some stock have not contributed to the previous rally such as reliance and Infosys but these stocks went at very good levels currently. A stock like NMDC is showing a good double bottom and a beautiful risk to reward.
Target: Short term as of chart
Stop loss: Below recent low and support zone
Keep It Simple
trend line breakout stock given trend line breakout
triangle pattern formation
fundamentally healthy company
Price action logics explained with idea on Triveni TurbineI daily make educational content videos for swing trading ideas
AartindAartind has been falling since 149 days and has reached its previous long term support and has formed a beautiful bear trap.
Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume
trapping sellers and has broken the falling trednline
STOP LOSS: below the trap
Traget: 707.75
History Repeats HISTORY REPEATS ITSELF
NTPC has formed similar patters in the past and on a break of the trendline and has soared a good 12%-19%, making it highly probable.
NTPC breaks its downward trendline on high volume with support from 50ema
Options Data: 7% increase in one day on open interest causing a long buildup
Target of 183.05
Stop loss at 164.65
Keep it Simple
Praj Industries Ltd - Cup & Handle + Ascending Triangle Breakout📊 Script: PRAJIND (PRAJ INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500 / NIFTY INFRASTRUCTURE / NIFTY SMALLCAP
📊 Sector: Industrials Capital Goods
📊 Industry: Engineering & Construction products
Time-Frame : Daily - Ascending Triangle Breakout
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages also giving crossover .
📈 Volume is increasing along with price which is volume breakout.
📈 Script is giving breakout of Cup & Handle + Ascending Triangle.
📈 Current RSI is around 64.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 443
🟢 Target 🎯🏆 - 500
⚠️ Stoploss ☠️🚫 - 414
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
HDFC quick profit HDFC has finally broken out of the resistance zone after forming a beautiful golden cross as well as a flag and pole break pattern. Support has been provided by trendline
A limit order above the resistance zone and a target of 1589 is a high probability trade.
Tight Stop loss below recent candle low.
Keep It Simple
INFO EDGE quick profitINFO EDGE has been respecting the trendline since a long time and has always hit the lower channel followed by hitting the upper channel which gives an opportunity for a quick profit following past data and all done on above average volume.
Support of 50EMA and trednline provide enough confluence for a quick long side trade targeting around 4591.45
Tight stop loss right below 50EMA
Keep It Simple
HCL tech quick profit !!HCL tech broke past its long term trendline and made a retest while forming a reversal candle and has now broken out after a tight box consolidation.
Limit order could be placed right above the 50ema for a quick profit at 948.60 for 1:1.5 risk:reward
Keep It Simple
BPCL respects trendBPCL has beautifully respected its uptrend after taking support from a long term trendline and 50EMA during the pullback after successfully
creating a head and shoulders as updated on my previous analysis of BPCL.
All of this done on above average volume
Traget at 346.75 which is the recent high
Stop Loss: Below 50EMA
Keep It Simple
UPL respects its uptrend !UPL Has formed a beautiful double bottom pattern with its first support off the 200 EMA and second off the long term trendline.
UPL has given a double confluence
1. Rejection candle and respect of the long
term trendline
2. Golden Cross( Crossing of 50EMA and 200EMA)
A long position can be taken on break
of the resistance zone
Risk To Reward of 1:2 or a more riskier approach would be if trendline is broken.
Keep It Simple
intraday trading idea for Mondayupl is in up trend supporting trend line
running above 200 and 50 moving average in (15m candle)
more up side seems from this point if takes support here around 711
SEQUENT - At good zone to trade Keep an eye on this good trendline :)
Trade only for North move, no south move in this trade :) ( BUllish view)
ICICI Bank - My view🔰 MY thought process :
⭐Taking multiple support on the same trend line. well, here the stock is again .
Think and plan your game with risk u can afford :)
🔰Am I taking this trade now:
Already in it :)
🔰 {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.
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TCS View for LONGAs we can see TCS is in Triangle pattern
Will take the entry above 3146.00
For the targets of :-
Target 1 :- 3200
Target 2 :- 3300
Target 3 :- 3325
STOP LOSS :- 3103
Take Entries & Exit as per Price Action only
Always Follow Risk Reward Ratio & your Money Management
** Only for Educational Purposes
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A pattern you would love to trade | S01e10 A beauty pattern by this amazing stock at all-time highs, amazing bull flag, if u draw a fibo from covids low u will get a good 0.3 retracement and now a 0.2 will be broken once closing above the trendline.
Happy trading and trade with proper risk and be happy :)
USHAMART...looking for great move aheadincreasing volume ,rsi @65 daily basis,
relative strength shifting to positive zone!1
near to breakout long trendline on monthly basis!!
Small caps at make or breakWere the small caps break the immediate support, another 25% fall can be expected. Its critical for them to go back above the trendline it is struggling to get past
Nifty Midcap broke trendline and gave close below trendline Nifty Midcap broke trendline and gave close below trendline if it sustain below it will crack more on downside
