TIILTIIL gave a breakout from a triangle. Enter with limited qty and add rest after a confirmation. Recently the company declared the buyback and I feel it has some big returns to offer.
NOTE: I'm not a SEBI REG. Study before investing.
Trianglepattren
BankNifty -E Wave or Explosive Wave - 1000+ Point RallyAs we discussed in the last idea .... Magical support zone gave us 1000+ point rally so far -which is part of Wave-E as per Elliott Wave Triangle
#elliottwave #waveanalysis #endingdiagonal #fallingwedge #trianglecorrection #trianglewave #correctivewaves
WaveTalks Snapshot
Last Idea - Elliott Wave Triangle: The Black 2024 Effect
Regards,
WaveTalks
Abhishek
ACC expecting wave E up for triangle formation ACC expecting wave E up for triangle formation
moving inside the channel and if breaks and gives a strong closing above
middle line of the channel than expecting to move p.
it has support zone 2220-2150
and today it bounced from the support zone and done wave D
and now expecting it to move for wave E formation
towards 2340--2375 in short term.
Disclaimer : I am not SEBI registered.
CHOLAFIN - Breakout and retestCHOLAFIN - Breakout and retest in Daily timeframe. The company has been in uptrend and the trend is likely to continue. I see a good upside potential/ Swing trading opportunity in this stock. There is a good entry point now with a very good R:R.
The company has very good fundamentals and has been a consistent good performer.
Note: These are my personal views only. Please conduct your own research before making a buy/ sell decision.
SHREYAS - Stock in RADARPrice consolidate (Channel) from 2021 with good volume. The stock also have high volume two times during breakout in day timeframe. Also, the price breakout the triangle like structure from 2015. If it breaks parallel channel in weekly timeframe we can expect target 640 Rs.
Advanced Info Service, Triangle Pattern Target, Gain +20% PROFITAdvanced Info Service, Triangle Pattern formed and Breakout above the Pattern. So the Next Target is 333 THB. Offering a Potential Profit of +20% ROI. Can you Guess the "Second Target"???.
I want to help People to Make Profit all over the "World".
SCB X PCL, Triangle Pattern Target & Gain +33% PROFITIn SCB X PCL, a Triangle Pattern has formed, and the market is expecting a breakout above the pattern. If the market breaks out above the Triangle Pattern, it is likely to reach the pattern target or the 0.618 Fibonacci retracement level at 146 THB. Take advantage of this Great Opportunity to Earn a Potential Profit of +33% ROI.
I want to help People to Make Profit all over the "World".
Citic Limited : Triangle Pattern Breakout & Target is 16.88 HKDIn Citic Limited, a Triangle Pattern has formed, and a Breakout above the pattern, indicating a potential Bullish Trend. The Target is 16.88 HKD, with a Potential Profit of +84%. This is a long-term Analysis, and trend continuation techniques should be followed.
I want to help people to Make Profit all over the "World".
SAKHTISUGSAKHTISUG - market fall but stock stand positive
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Crude Oil, Triangle Pattern forming and Target, Achieve +12% ROIA Triangle Pattern is forming in Crude Oil, with a Target at the Top of the Pattern and a potential to Achieve a +12% ROI. This is Long-Term Analysis, must follow the Trend continuation technique.
IOCIOC - Need to Break the range for move upside
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Ascending Triangle formationAscending Triangle formation as well as Symmetrical Triangle Formation seen in L&T. Also it has been in consolidation since January, 2024. Most Probably it will give a strong Breakout very Soon.
Triangle Pattern BreakoutThe stock has broken a 7 year Triangle with 6x volumes and has been in consolidation since 2 months. Can accumulate between 223-253 for a long term target of 434/940.
BTCUSD (CRYPTO) buy on dipsBTCUSD made All Time High 73805 on 14th March 2024
post that made low till now is 49112 on 5th Aug 2024
corrected nearly for 5 months.
Elliott Wave Analysis :
BTCUSD in Triple correction namely w-x-y-x-z
of which last leg is in progress... till now low made 49112.
Expecting wave z to form Triangle Pattern.
Indicator :
MACD given Positive Diversion and Positive cross over.
Important support :
Channel support near 53000
psychological level and low 49112
Worst case expected low : 45000
Improtant Fibonacci level :
0.618 % : 58430 (Acting as immediate resistance)
Buying opportunity :
Conservative approach: Buy on crossing 0-b trendline and sustaining above golden fib 58430
Aggressive approach : accumulate slowly near 45000-58430
Upside Potentials:
73000++ in long term
Conclusion : Be cautious now in shorting BTCUSD. Now time to look for buying opportunity in dips.
Disclaimer : Study here presented only for Educational purpose... No Trading advise..
SBICARD triangle breakoutSBICARD given triangle breakout in day timeframe
and also need triangle breakout with weekly close.
Immediate target expected 850-900 in short term
in log term post breakout expected to move 1100+
Disclaimer : I am not SEBI registered.. study is only for educational purpose
Hindustan Aeronautics Ltd, HAL.. breakoutHAL took the support near golden ratio 4599
and also given triangle breakout.
Positive move expected towards 5020 and than 5500++
Disclaimer L study is only for learning purpose
GRAVITA INDIAMarket Cap 7,425 Cr.
Stock PE 31 vs Industry PE 31.6
ROCE 27.6 %
ROE 33.5 %
EBIDT growth 3Years 41.2 %
ROIC 21.5 %
EPS growth 3Years 61.3 %
EPS growth 5Years 72.7 %
EPS growth 7Years 32.2 %
Earnings yield 4.11 %
Promoter holding 66.5 %
Pledged percentage 0 %
PEG Ratio 0.43
Debt to equity 0.65
Piotroski score 5
Chg in FII Hold 0.50 %
Gravita India to Lead processing, aluminium processing, trade (Lead products and aluminium scrap) and dealing in Turn-key lead recycling projects. The Company carries out smelting of lead battery scrap / Lead concentrate to produce secondary Lead metal, which is further transformed into Pure Lead, Specific Lead Alloy, Lead Oxides (Lead sub-oxide, Red Lead, and Litharge) and Lead products like Lead sheets, Lead powder, Lead shot etc. Further, Company has also entered in the PET product manufacturing.
Co’s product is classified into 5 verticals: Lead recycling, Aluminium recycling, Plastic recycling, Rubber recycling, and Turnkey Solutions.
ALKEM LAB | Triangle Breakout | Swing TradeALKEM LAB | Triangle Breakout | Swing Trade
Chart Analysis
1) Triangle Breakout happened.
2) Breakout conslidation Breakout is happening after triangle breakout.
3) Good volume support
BankNifty (Alternate) - Do not Sell Until 50939 BreachedWaveTalks - Market Whispers! Can You Hear Them?
Disclaimer:
This is not a solicitation to buy or sell. Please consult your financial advisor
Follow-Up on the Previous Idea
Our last suggestion to sell BankNifty below 51404 was spot on, as we witnessed a 200-250 point drop during the session. However, I expressed concern that the decline didn’t seem convincing, suggesting that new highs could still be possible as long as 50939, our critical level, remains intact.
Recent Developments
On 29th August 2024, the index opened near 51000, reaching a precise low of 51028, which we marked as Wave C. Holding 50939 was critical, as suggested at 11:12 am in the last Bank Nifty Idea. Following this, we saw one push towards recent highs, reaching 51369, which we marked as Wave D. Currently, we are observing a sharp fall in Wave E, which is still unfolding.
Last Idea - BankNifty - Is This an Ending Diagonal
What to Expect Next
Holding 50939:
If BankNifty manages to hold above 50939, expect the bulls to regain control, potentially driving the index beyond 51404, with new highs on the horizon.
Breaking 50939:
Should the index fail to sustain above 50939, traders should brace for further downside. This break could signal the end of the current bullish wave structure and open the door for a deeper correction.
Key Levels to Watch
Immediate Support Test:
Monitor the behavior around 50939 closely in the upcoming sessions.
Potential Upside:
If 50939 holds, look for upside momentum as we approach the first week of September 2024.
This is a pivotal moment for BankNifty. Stay alert and be ready to adjust your positions based on the critical 50939 level.
Regards
WaveTalks
Satin credit breakout soonTriangle setup, great volumes.
With great fundamentals an NBFC company in heavy consolidation now in momentum
Ascending Triangle FormationAscending Triangle Pattern Formation and other thing to notice is that there is relatively less volumes in Red Candles which means Market is not showing much interest in Selling.
PNBHOUSINGPNBHOUSING is forming triangle pattern on hourly chart. it may give quick move in coming days.
4 digit coming.
EVEREST KANTO CYLI STOCKNSE:EKC stock is break the triangle pattern.
Buy entry is break and sustain above the 155 Rupees,
Target 1 is 165 to 169 Rupees,
Target 2 is 178 Rupees,
Target 3 is 190 to 195 Rupees,
Target 4 is 210 to 218 Rupees,
stop loss break and close below the pattern.
