Trend Analysis
Buy Ceat Ltd Double Pattern (a) Cup Pattern & (b) Inverted Head Buy Ceat Ltd Double Pattern (a) Cup Pattern & (b) Inverted Head & Shoulder
Buy Ceat Above 3000 Target 3380 Sl 2800
#Investing #nseindia #bseindia
(I'm not certified investement advisor or analyst, kindly consult before investing, this is for educational purpose)
Buy RKForge above 1040 Target 1120 SL 998Buy Ramakrishna Forging above 1140 SL 998 Target 1120
Vloume on 15-10-2024 was 3 X of average volume, trendling breakout as per chart & stong outlook
Company has delivered good profit growth of 23.2% CAGR over last 5 years
Debtor days have improved from 102 to 78.4 days.
Company's median sales growth is 23.9% of last 10 years
Company's working capital requirements have reduced from 117 days to 88.6 days
#investing #nseindia #Bseindia #RKforge
Buy Hudco Bullish Railroad Track Pattern on Weekly Charts Buy Hudco Bullish Railroad Track Pattern on Weekly Charts
Buy Above 225 with target of 280 Stop Loss at 215
1.Fundamintal aspect : Company has been maintaining a healthy dividend payout of 41.8%
2. Technical Indicators:
- RSI: 47.33, indicating a neutral position.
- SMA: 26.4, suggesting the stock is trading above its simple moving average.
- VWAP: 225.73, slightly above the current price, indicating potential resistance.
3. Valuation Metrics:
- Market Cap: ₹633.9B - Trailing P/E: 29.99
- Price to Sales (TTM): 19.84
- Profit Margin: 66.2%, indicating strong profitability.
5. Investment Consideration:
- HUDCO has shown strong price appreciation and profitability.
- The high debt-to-equity ratio suggests potential financial risk.
Buy DCX India Above 340 Target of 400Buy DCX India Small Cap Aerospace company with 3200 Cr Market Cap.
Company has bagged order from Lockheed Martin of America worth Rs 460 Cr. Modi & Trump relation will increase India US relationship. Everyone know Lockheed Martin F35 Raptor and others fighter jets.
Fundamental :
1) Company has reduced debt.
2) Company is expected to give good quarter on 12th Nov 2024
Campus Activewear Buy 315 Tgt 350 Observation: Bullish Pattern observed on 1 day interval chart plot. CUP Handle formation, breakout above resistance, volume spike.
A strong bullish reversal indicator, suggesting potential upward movement. The stock has broken out above resistance, confirming the bullish pattern. Additionally, the volume spike supports the upward breakout, indicating buying interest.
Buy Rain Inds above 161 target 184 stoploss at 154Buy Rain Inds above 161 target 184 stoploss at 154
Stock has taken multiple supports at current level between 156 to 158 as per chart attached.
this range has been resistance and support so move above 161 with volumes can take stock to 184
#trend analysis
#investing
BTC Update - Bears are comingIn reference with previous post.
Price dropped from your level of 61-70% zone and broke to new low, price has made a 5 wave downside to make a possible wave and wave 2 is looks like complete at 100741 level and new low of 93270 is possible inner wave of wave 3, which is 100% from high of wave 2, is it can be a wxy irregular correction of is being completed at 99189.
Internal pattern of Irregular wxy looks like wave A has completed at 98949 but going through internal pattern of A we see a sharp move from bottom to 98042, and we have 3 move upside from there to 98949, and irregular C ending at 97599, B looks like completed here and C resume upside and ended at 99144, which is 100% of A to B. Y of C is slow and sluggish but get to the target.
So we can expect another move down to lows, if price breaks to upside, it can a start a complex correction.
That my study
Copper buy given at 827 , 21 points up , avoid fresh buy at cmpHow to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Silver mcx booked 2000 points profit and gold 1780 points profitHow to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Gold XAUUSD buy holding from 2808 2912 Target How to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Gold mcx 84830 Target hit buy given at 83050 1780 points profitHow to take trades using Harmonic pattern projection Trade setup is explained below :-
1st D point : 0% is recent top or bottom.
2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 13.5% then early or risky traders can reversal trade ,
Safe traders can wait for 27% levels break
Targets :
Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target
( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).
T2: 50% level is our 2nd Target
T3: 61.8% to 65 % is our 3rd Target
( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)
Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.
161.8 to 165% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Nifty 50 next key date is 7th FebNext Key date for Nifty - Higher level
Nifty 50 have been moving up from our last key date anouncement of 27 Jan 2025. After that, Nifty had been bullish during last 7 sessions ( including today ). Our assumption of lower key date of 01-feb-2025 , was only a red bar day, But market continued green after that.
Our next key date is 7th feb 2025. What we expect on this date ?
Tomorrow how we expect the market based on timing/cycle theory - We expect a gap in the opening ( will it be small/big down ? And a red candle tomorrow ? ), as of writing this, the US market is much positive.
Next key date in mind is 13-14 Feb. We will analyze it futher.
ICICIPRU looks for a much needed upmove**Technical Analysis:**
- Taking support on weekly timeframe
-Solid long term support
- RSI says stock Oversold
- Volume starts building up
**Trading Setup**
- Buy half of quantity now cmp 600-605 and half above 640
- Target would be :700-750-800
- SL would be : 560