Bullish setup in CAMS which is fundamentally good stock and a trendy one for last few months.
If it test the previous resistance trend line then
good buying opportunity with good RR ratio as we can place stoploss below resistance line of
pattern or support line of pattern as per your RR ratio or money management.
This is my own analysis.
Take decision with...
In this Birla Corp. stock we have witnessed multiple breakouts in bullish trend for almost now a year.
This trend line is now a major support.
These are the multiple points where an investor or trader can take entry
and can efficiently plan a strategy and do money management.
And price action makes analysis simple and easy to understand and is least...
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📌 Strategy: Beautiful and long consolidations like this are not only amazing but also tells the story of a mover in making.
🗝 Pattern here is a bullish flag pattern that too above an important level
🗝 The chart here is of the Daily time frame and breakout done...
JM FINANCIAL CHART LOOKS GOOD !!
IT'S A CUP & HANDLE PATTERN BREAKOUT !
New 52 Week High.
Growth in Quarterly Net Profit with increasing Profit Margin (YoY).
Book Value per share Improving for last 2 years.
Company with Zero Promoter Pledge.
FII / FPI or Institutions increasing their shareholding.
Strong Momentum: Price...
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ORIENT ELECTRONIC CHART LOOKS GOOD!!
ITS A CUP & HANDLE PATTERN BREAKOUT.
SHORT TERM VIEW 1 MONTH.
Company has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 26.25%.
Company has been maintaining a healthy dividend payout of 32.37%.
Nifty is moving in a channel and after giving fake breakout it is now at top of the channel. This means its next move can be the bottom of the channel. And if not it can give a breakout and a good trend can initiate.
So Nifty 50 is looking very bullish and it can also give a gap up opening because of some factors that I will tell you. these are;
1. There is a perfect green hammer in the weekly chart and the daily chart as well.
2. After analyzing the option chain we saw that the call writers exited their shorts in huge and amount and their is a short buildup heavily on the...
Bank Nifty can be a little bearish which may have an impact on Nifty also but same as nifty it will consolidate between the specified regions. There will be no more particular breakouts. So you can have a short strangle or you can sell a call or buy a put near the specified resistance zone. Or you can buy a call and sell a put near the support zone. Overall as I...