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Trend Line Break

Kellton Tech Turning Bullish1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one-day price drop Since the rally's start in Apr'23, NSE:KELLTONTEC has more than doubled in price. Currently, it is trying to move up once again after going down for nearly two and a half months and yesterday it moved up with good volumes. One can buy this one with a stop around ₹79-₹80. Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NSE:KELLTONTECLong
by akashbothra
ENIL🔴 ENIL Previously also it came near the level of 96 and then it took reversal and created a range then breakout the range and a good movement came now also it came near level 96 and created a good bullish chart pattern DOUBLE BOTTOM and now it is near the breakout level IF SUSTAINS AND TRADES ABOVE THE LEVEL 230 THEN WE CAN EXPECT 282,366,444,511 CONDITIONS IT SHOULD FOLLOW:- TRADE AND SUSTAIN ABOVE THE LEVEL 230 MONTHLY TIMEFRAME BASIS ANALYSIS RESEARCH AND TRADE NOT RESPONSIBLE FOR ANY PROFIT AND LOSS NSE:ENIL
NSE:ENILLong
by KRISHMACHHAR
Sunflag Moving Up1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one-day price drop After rising from ₹86 to ₹248 during Nov'22-Aug'23, NSE:SUNFLAG started giving up its gains. On 15th Nov it broke the downtrend line and after taking support on the same line it bounced back on 21st Nov. It is a buy with a stop around ₹185. Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NSE:SUNFLAGLong
by akashbothra
2
#DeepInd is getting ready for Deep Move #SuperChartzKey levels: Support: 250 Resistance: 275, 290, 320 Description: Fundamental Analysis: Debt Situation: The company is almost debt-free, indicating a strong financial position and reduced financial risk. Valuation (P/B Ratio): The stock is trading at 1.13 times its book value, suggesting that it may be slightly above its intrinsic value. However, this alone does not provide a complete picture of the stock's attractiveness. Expected Good Quarter: Positive expectations for the upcoming quarter suggest potential positive catalysts for the stock, possibly driven by strong operational performance or other factors. Profit Growth: The company has delivered an impressive 112% Compound Annual Growth Rate (CAGR) over the last 5 years, indicating robust and sustained profit growth. Technical Analysis: Trendline Breakout at 255 : The stock has recently experienced a breakout above a significant trendline at 255, suggesting a potential shift in the prevailing trend. This could attract technical traders and investors. Nearest Support at 250 : A support level at 250 implies that the stock has found buying interest around this price in the recent past. If the stock experiences a pullback, 250 is expected to provide a level of support. Nearest Short-Term Resistance at 275 & 290 : Resistance levels at 275 and 290 indicate price levels where the stock has faced selling pressure in the short term. Breaking through these levels could signify further upward momentum. Anticipation of New High: The technical analysis suggests an expectation of the stock reaching new highs, possibly driven by the recent trendline breakout and positive momentum. This could attract additional buying interest. Summary: The company's almost debt-free status, positive profit growth, and expectations of a good quarter provide a strong fundamental backdrop. The stock's current technical levels, including the trendline breakout at 255 and support at 250, suggest a potential for upward movement. However, investors should be mindful of the short-term resistance levels at 275 and 290. The anticipation of a new high indicates positive sentiment and potential for further appreciation in stock value. As with any investment decision, it's crucial to consider both fundamental and technical aspects, alongside broader market conditions, to make well-informed choices.
NSE:DEEPINDSLong
by SuperChartz
6
Banknifty (Weekly Analysis)Banknifty. (Only for Experienced traders" ) Enter after " Breakout and Retracement ". Leave a " Like If you agree ".✌. Follow for regular updates 👍 . For " long " entry: 44520 / 44575 target: 45030 - 45250 - 45760 stoploss: 44410 . . For " Short" entry: 44250 target: 44030 stoploss: 44320 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " Simple, Focus on Consistency "💹. Refer our old ideas for accuracy rate🧑‍💻. Valuable comments are welcomed-✌️ . . Disclaimer: Our Trading style is not to capture "10-20" points per trade.📊 We take entry only for min "200-300" points without any distractions.💹 So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈 So, please consider others ideas. This is for educational purposes.🧑‍💻
NSE:BANKNIFTY
by TheNuraTrading
2