BSE Stock 78% Retracement | Elliot Wave ABC CorrectionBSE Stock 78% Retracement | Elliot Wave ABC Correction
Chart patterns Trendline Breakout than Retest.
Fibonacci 78% Retracement
Price Above 200 & 50 EMA
Bullish Reverse Divergences
Elliot Wave - BSE stock seems to be a Long in the short term because it has done ABC correction after completing the 5th wave. Right now the 1st and 2nd wave have been completed. The third wave is running.
Trend Line Break
BBTC - Swing Trade Analysis - 12th August #stocksBBTC - BOMBAY BURMAH TRADING (1D TF) - Swing Trade Analysis given on 12th August, 2024
Pattern: FALLING WEDGE BREAKOUT
- Resistance Trendline Breakout - Done ✓
- Pullback Candle from Weekly Support Zone - Done ✓
- Volume Buildup at Resistance Trendline - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
VENKEYS LONG IDEAVenkeys is looking good on chart.It is yet to break long term trendline resistance.
Once breaks trendline it can start marching towards channel upper line.
Need to plan trade asd per risk management using given Stop loss levels.
Note: No idea about fundamentals of comapny. It's completely Technical take.
JUBLINGREA LONG 550-555 (Ascending Triangle) First of all this is my first post on tradingview and i just started learning TA. So i recommand you to do your own research before making any decisions.
I bought some #JUBLINGREA at 550-555
My target price is anything above 600.
I am open to feedback and will be happy if you correct my mistakes if there is any on the analysis. Thank you. NSE:JUBLINGREA
CAMPUS LONG (313 OR 297-303)| INVERSE H&S + RESISTENCE BREAKOUTDisclaimer: I am not SEBI certified and these are my personal views. Please do your research before making any investment decisions.
Bought CAMPUS at 313 , Will add more at 297-303
- Completed Inverse Head & Shoulder formation
- Resistance zone breakout(done) and
retest(pending)
- RSI is not overbought
- Trading above 50,100,200 EMA (bullish sign)
- Short term target-348
- Long term target-393
- Views invalidated if breakdown uptrend support line
Short term target: 348
Long term target: 393
Finished Trades (2/2)
JUBLINGREA - Target hit in 4 sessions (check out it in ideas section)
CAPLIPOINT - Target hit in 4 sessions (check out it in ideas section)
Trendline breakout in Jubilant IngreviaJubilant Ingrevia is a multibagger stock from 2021-22 bull run which has now corrected to a fair value.
The stock has given a trendline breakout as well as a breakout from a supply zone with good volumes. Also, the stock is already forming higher highs, higher low,. Keep this stock in watchlist as the next supply zone is at 500-510 levels.
However, this is a very risky stock to invest and the next strong support is deep near 390-400 levels. One can try to buy the dip near 425 for a better risk reward .
Note:-Idea has been shared for educational purposes and should not be considered as a recommendation.
AFFLE INDIA LTD - Swing Trade Analysis - 29th June #stocksAFFLE INDIA LTD. (1W TF) - Swing Trade Analysis given on 29th June, 2024
Pattern: CUP & HANDLE BREAKOUT
- Resistance Trendline Breakout with Retest & Pullback - Done ✓ (Pattern within a pattern)
- Strong Volumes Buildup at Weekly Resistance Zone - Done ✓
- Multiple attempts to break the Weekly Resistance since 2022 - Done ✓
- Retest at Demand Zone marked for a small SL and a better RR - In Progress
* Disclaimer
MOL - TURNAROUND POTENTIAL WITH A FALLING WEDGE BREAKOUTHi All,
The idea is about Meghmani Organics
ABOUT THE COMPANY
Founded in 1986 as M/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10 producers of pesticides in India. Meghmani Organics Ltd (MOL) manufactures green and blue pigment products, which are used to manufacture printing ink, plastic, paints, textiles, leather, and rubber.
TECHNICALS
The stock has been in a falling wedge pattern & has given a breakout. The breakout was sustained & has been testing first level of resistance at 88.65 multiple times.
Once it breaks it can move to 93 where next resistance lies
Fundamentals
Not a good last year but sales/profit showing symptoms of turnaround which is evident in price action
Thanks,
Stock-n-Shine
XAUUSD - The uptrend continues when the trent breaks 2393Gold declined near $2,380 per ounce on Tuesday, extending losses from the previous session, as investors look forward to upcoming policy meetings from major central banks this week. The Federal Reserve is anticipated to keep interest rates unchanged on Wednesday, but all eyes will be on any indications of a potential rate cut in September. Meanwhile, the Bank of Japan is expected to lift rates by 10 basis points to 0.1%
Upper border breakout: 2393 - 2400
Lower border breakout: 2376 - 2370
Resistance: 2400 - 2407 - 2412 - 2418
Support: 2376 - 2367 - 2361 - 2353
Price ranges to note:
SELL price range 2417 - 2419 stoploss 2422
BUY price range 2354 - 2352 stoploss 2348
Note: Full TP, SL to be safe and win the market.
GOOD LUCK EVERYONE👍
BOROLTD | Insider NEWS Stock | Don't Miss ⭕ Swing Trading opportunity ! Daily Chart Alert !!!⭕
======================================================
Technical Reasons to trade or Strategy applied :-
1) Bearish Trendline Bull breakout
2) Accumulation can be seen clearly
3) Volume is increasing as well
4) Trading above 200Ema
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
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.
1: 3 Risk to Reward - ORISSA MINERALSPrice is respecting the trendline from October 2023 and it breakout the Triangle at 18 June with huge volume.
Now the price is retesting the former resistance line which turned into support now. Also, it seems price will form good Morning star by this weekend.
We can expect it will go to 9000 Rs which is All Time High of this stock.
Please like and share if you like this idea.
Chart is Self Explanatory. I am not SEBI registered advisor and all Ideas posted by me are for Educational Purpose.
SUPRIYA (head & shoulder) SUPRIYA (head & shoulder)
targets are open 1st 360 , 2nd 410 SL .. always 5 % below
already i share my study prediction on this stock but see on chart you can see following points
1) cup & handle .
2) Descending Triangle Pattern with break out . not retext.
3) support & resistance
and added is
4) Head and shoulder
some day may be stock going up . good fundamental stock .
Company has reduced debt & almost debt free.
Company has a good return on equity (ROE) track record: 3
Years ROE 27.9% .
Shareholding Pattern is
Promoters 69%
FIIs 5.%
Dlls 7.%
and Publics is 19 %
I share link with below my already share check out
for MORE check in my TradingView ID
If You LIKE MY Idea ……Boost………….. its
“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts /calls , please consult your financial advisors. Thanks
Banknifty cautious level: Exit poll; Avoid - levelsBanknifty " Wedge pattern "
Now, currently Trading inside sideways level.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer old ideas attached below