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Vcppattern

HFCL buy( VCP with volume support)Ideal VCP observed in HFCL Buy at CMP SL below 68 R:R -- 1:2 and more volume drying up during consolidation and expanding in up move 95 is crucial resistance if break with volume then we may see good up move Market Cap-- ₹ 11,322 Cr. ROCE-- 19.7 % ROE-- 13.5 % Promoter holding-- 39.2 % FII holding-- 7.19 % DII holding-- 1.44 % Debt-- ₹ 710 Cr. Public holding-- 52.0 % Please maintain SL stickily Risk 1-3% of your capital(so plan position sizing base on this) My trading view ideas past accuracy (for traget-1 ) around 71%(Please maintain your SL)
NSE:HFCLLong
by nikhilgodhani
4
Target 1 Done | 28% Gain in 53 days | GoodluckTarget 1 Done | 28% Gain in 53 days | Goodluck The entry was triggered at 302 on 15th Nov 2021, after which the overall market witnessed a correction. Fortunately, after the entry the market structure held well and the SL placed at 259.40 remained intact. Actually the market missed the SL of 259.40 by a whisker. Whew. Goodluck formed another low risk pivot range, which eventually broke out on the upside. (Here, unfortunately I lacked the conviction to add at 277.) From this low risk entry point within 18 sessions, the stock went moved up by an excellent 44%. (Big lesson learnt and taken there) Overall volumes have not been healthy enough to propel the stock past the 400 round number. Let's see how the stock holds for the next 10 - 12 weeks. Thank you for checking out my content. What have you learned from these studies and updates. How will you apply and gain from it? If you liked these studies and have gained from it. FOLLOW for more !!! LIKE & SHARE if you found the idea useful !!!! COMMENT below with your questions, views and suggestions !!!
NSE:GOODLUCK
by amar_gr
Goodluck: Will good luck shine to give a +47% gain?Goodluck: Will good luck shine and give a +47% gain? What is the trade idea? Stock has risen 441% within 20 weeks and formed a good 3T VCP pattern. Now it's been consolidating for a good 14 weeks. The entire consolidation is occuring in a high and tight range, and with the low risk range that’s currently in progress, it's been inviting to have a close look at what lies ahead. The current tight range is above the VCP centre line is most likely forming a pivot range that's <= 7%. My expectation is that 326 to 334 may offer resistance yet there's a possibility that these levels could be crossed in the coming weeks ahead. (as usual I'm hopeful, and expecting the market Gods to be kind) Expecting the current compressed range to continue and stay within the marked tight range box for the next two weeks or so. Here's my Trade Plan Entry : Test Entry on Breakout above at 302.40 Initial Stop Loss (ISL): Below @ 279.40 (SL based on structure) Note: Need to be watchful of breakout with high volumes and at resistance above. Potential Targets: 388, 447 Need to watch carefully what the price action will do around the resistance of 326-334 levels. If that is convincingly crossed, then both upper targets have a fair to good probability of being achieved. Chart marked with the trade plan. Please feel free to clarify your doubts, and trade safe.
NSE:GOODLUCKLong
by amar_gr
4
Dwarikesh Sugar | Targets +22% to 44% ?Dwarikesh Sugar: Will it continue its momentum and give another +22% gain? Post its breakout, the stock has consolidated well below Rs 100 range. This consolidation has been supported by excellent volumes too. The past two week price action is indicative of likely strong up moves in the coming weeks ahead. My expectation is that 119.80 should be most likely crossed in the coming 3-4 weeks. There's a fair possibility that even 141.75 may well be achieved within the next 5-6weeks. Stocks in Stage 2 have a tendency to continue their momentum moves. Let's see how this stock behaves ahead in the coming weeks. Here's the Trade Plan CMP = 98.05 Entry : At 96.60 to 98.80 range Add on Dips: At 92 (Low Risk Entry) Initial Stop Loss (ISL): @ 90.80 Wide SL 84.80 Potential Targets: 119.80 (+22%) 141.75 (+44%) Note: Breakout closing above Rs 100 needs to be supported with high volumes. Trade Setup gets invalidated once stock starts to trade below 84.80 What have you learned from these studies and updates? Can you see the continuation of the Momentum pattern? How will you apply and gain from it? Thank you for checking out my content. If you like it and gain from it; FOLLOW for more !!! LIKE & SHARE if you found the idea useful !!!! COMMENT below with your questions, views and suggestions !!!
NSE:DWARKESHLong
by amar_gr
2