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Support At Trend Line - APTUS📊 Script: APTUS 📊 Sector: Finance 📊 Industry: Finance - Housing Key highlights: 💡⚡ 📈 Script has given breakout and now it is retesting and currently it is trading above trendline which is working as support level. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 329 🟢 Target 🎯🏆 - 354 ⚠️ Stoploss ☠️🚫 - 320 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅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!🥂
NSE:APTUSLong
by radha_23
Long Term view on #RTNINDIAThe analysis is for Long term where in it is showing potentials of reaching triple digit in coming years. (5,10,15) ### Price Movements: 1. **Current Price and Trend:** - The current price is \(84.41\) INR, up by \(11.56\) INR (+15.87%). - The stock is in a strong upward trend, as evidenced by the ascending price channel. 2. **Price Channel:** - The price is moving within an upward channel. This channel indicates a long-term bullish trend. - The top of the channel projects potential future highs, while the bottom of the channel provides support levels. - The target is taken on the basis of the flag pattern ### Indicators: 1. **Volume:** - The volume is significant at \(168.569M\), indicating high trading activity. - An increased volume during upward movements often confirms the strength of the trend. 2. **MACD (Moving Average Convergence Divergence):** - The MACD line (blue) is above the signal line (orange), indicating bullish momentum. - The histogram is positive, reinforcing the bullish sentiment. - The MACD values are \(1.55\) (MACD line) and \(11.39\) (signal line), which suggests strong bullish momentum. ### Key Observations: 1. **Historical Performance:** - The stock has shown significant growth over the past few years, particularly since early 2020. - A major price surge can be seen around mid-2021. 2. **Support and Resistance:** - Immediate support is around the \(50\) INR level, which is a previous consolidation area. - Resistance levels can be projected using the upper boundary of the ascending channel, around the \(120\) INR mark in the near term. 3. **Price Projection:** - The chart indicates a projected move to \(938.54\) INR, which is a very optimistic target (+1292.46%). This projection aligns with the upper boundary of the long-term price channel. ### Conclusion: The technical indicators and the price channel suggest a continued bullish trend for RattanIndia Enterprises Limited. However, given the significant rise, it is essential to monitor for any signs of overbought conditions and potential pullbacks. The strong volume and positive momentum indicators support the potential for further growth, but investors should remain cautious and consider setting stop-loss orders to protect against sudden market reversals.
NSE:RTNINDIALong
by brijmohan_h
BHARTIARTL BUY Bharti Airtel is a very popular stock in the Telecommunication Sector, It has an average delivery% of 60%(last 1 year) and in a few days the big guns are taking delivery of it with more than 66% with increasing volume. Technically speaking it is making a beautiful support at 760 levels. I am planning for a long trade. EXPIRY is 27th MAY -1x 25MAY2023 760PE - ₹ 7.5 +1x 25MAY2023 730PE - ₹ 2.75 Prob. of Profit is 72% Max. Profit is 9.4% of capital The margin required to purchase one lot is ₹ 47,589
NSE:BHARTIARTLLong
by amangupta17022001
Power of a simple TrendlineAnother Simple Technical Analysis which shows that market is easy and money can be made by doing simple things also. This Time there is a very simple TRENDLINE drawn in weekly time frame which had worked multiple times and again which has given another opportunity and made a Pin Bar candle at the support of the Trendline. It seems true that more than 80% is the Psychology (Money management , Position Sizing , Execution and other things) and only around 20% is the SETUP. Because Setup is easy but following it religiously is what a makes a person, TRADER ENTRY - can be made if it crosses this Pin Bar Candle or can be purchased at the current market price of 6.95 for aggressive trading. RISK - The Stoploss would be at the low of the same candle on closing basis or whenever it gives a closing before the trendline after crossing this pin bar's High. Reward - there is major resistance( at price - 10) which has been retested 3 time and there is a high probability that it will go again to retest that resistance. ** Stop loss and Reward has no significance if the Psychology is not strong. Do not hope and just exit at the Stop Loss level and do not greed , just exit at the reward level. **There are always a lot of opportunities in the market. #KeepLearning.
NSE:JPPOWERLong
by rohitbansal1212
1
SBI towards crucial support zones SBI the largest public sector bank is forming a head & shoulder pattern on weekly charts along with a breach of neckline support from where early breakout occurred. given that ads negative trend strength is rising , If the momentum support at psi 40 breaches along with a confluence support breach of bottom trendline from 2020, then it could be retesting the previous swing low at 500 & if could not find help there could be heading to swing low near fib retracement 38 neat 450.
NSE:SBINShort
by seekedgetrade