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Volumespike

Has HDFCAMC bottomed out?HDFC AMC has been in continuous downtrend from late 2019. As we can see on the chart, the stock has recently bounced from a support level with good volumes. The most interesting observation is a positive divergence in RSI during the bounce which might be an indication that stock has bottomed. On Friday, good buying with high volumes has been observed with a bullish candle, almost a marubozu. This stock has an immediate resistance at 1950 so it is better to buy the stock at around 1800-1810 levels for a better risk reward. Kindly trade as per your own analysis. This idea is shared for educational purposes.
NSE:HDFCAMCLong
by chartistamey
1
HFCL's Journey: A Visual Exploration with Darvas BoxIntroduction: Let's dive into the world of NSE:HFCL , a stock on a wild ride for the past 2.5 years. We'll uncover the story and see if there's a chance for a smart trade. Past Analysis: HFCL has remained in a range for the past 931 days or 133 weeks, indicating a prolonged consolidation phase. Current Market Snapshot: As of now, HFCL is priced at 84.6, a bit away from its 52-week high of 94.65. The recent surge in volume, particularly in the previous month's close, adds an intriguing layer to our analysis. HFCL is approximately 10.61% away from its yearly peak. What does this mean? Stick around to find out! Darvas Box Unveiled: Picture a magical box that helps traders pick winning stocks. That's the Darvas Box! We'll break down this strategy and explore why stocks near their yearly highs, like HFCL (10.61% away from its 52-week high), grab our attention. Is something special happening? Let's find out! Risk Management 101: It's not all sunshine and rainbows in the stock market. That's where risk management comes in. We'll chat about keeping your investments safe with stop-loss tricks, diversification, and other smart moves. Stay tuned for our tips on handling HFCL. Conclusion: In a nutshell, HFCL has a story to tell. We've looked at its history, explored the Darvas Box, and learned how to protect our trades. Exciting times ahead? It's up to you! Disclaimer: Before you jump in, remember this is a learning journey, not financial advice. We're here to explore and share knowledge, not predict the future. Do your own research, talk to the experts, and make decisions that fit your financial journey. Happy trading! 🚀
NSE:HFCLLong
by aryn_9
3
swing trade for yearCertainly, let's replace the currency symbol with Indian Rupees (INR) in the analysis: ### Technical Analysis: #### 1. W Pattern - Double Bottom: The W pattern is a bullish reversal pattern that resembles the letter "W" and signifies a potential reversal of a downtrend. The double bottom within the W pattern is a positive indicator. #### 2. Breakout of Neckline: The breakout of the neckline is a crucial confirmation of the W pattern. It suggests that buying interest has intensified, and the stock may experience an upward trend. #### 3. Entry Activated: With the W pattern and the breakout of the neckline, the entry signal is activated. This is typically a signal for traders and investors to consider entering a long position. #### 4. Stop Loss at ₹260: Placing a stop loss is a prudent risk management strategy. In this case, the stop loss is set at ₹260, indicating a level where the trade would be exited to limit potential losses. #### 5. Target at ₹445: The target of ₹445 indicates the expected price level where traders might consider taking profits. It is crucial to have a target to lock in gains and have a predefined exit strategy. ### Conclusion: The technical analysis suggests a bullish outlook for Heritage Foods based on the W pattern, double bottom, and the breakout of the neckline. The entry has been activated, and the stop loss and target levels provide a clear risk-reward framework. However, it's important to note that all trading and investment decisions carry risks, and market conditions can change rapidly. It's advisable to monitor the stock's performance regularly and adjust the strategy as needed. Remember that this analysis is based on technical patterns, and it's always a good idea to complement technical analysis with fundamental analysis and stay updated on relevant news and events that could impact the stock.
NSE:HERITGFOODLong
by hunterhunt777
MOTHERSON - Bullish Consolidation Breakout with VolumesNSE: MOTHERSON is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 9% to 14% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:MOTHERSONLong
by BrahmaBull31
Low risk swing trade in #SOLARASeems like Solara Active Pharma has bottomed out. With the recent high volume followed by tight inside candles + inside dojis, this is a picture perfect setup for swing trade. Pharma sector is in an uptrend so can expect #SOLARA to jump the wagon as well. Enter @ CMP Stoploss 322 *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
NSE:SOLARALong
by nishant_bhatt
MIRZAINT : High Risk High Reward Trade#MIRZAINT #swingtrade #momentumtrade #vcppattern #trendingstock Mirza International : >> Good VCP Pattern & trending stock >> Good Volumes Building up >> Good Relative strength in stock Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:MIRZAINT
by moneyfesttrading
2
HINDUSTAN UNILEVER BREAKS DOWN AFTER POOR EARNING RESULTSTECHNICAL ANALYSIS : ASCENDING RECTANGLE BREAKDOWN - Price has broken down from the ascending rectangle pattern with confirmation VOLUME SPIKE - On 21st july, price has shown huge volume spike with the breakdown indicating strong downward momentum 50D SMA BREAKDOWN - Price has broken out of the 50D sma after consolidating above it for a long time making it a very strong resistance zone STRONG SUPPORT-RESISTANCE ZONE BREAKDOWN - A very strong support-resistance zone level has been broken down by the price which had earlier acted as either strong support level or strong resistance level multiple times OVERSOLD RSI - Cherry on the cake is that rsi is oversold indicating very strong momentum behind the breakdown FUNDAMENTAL ANALYSIS : EARNING MISS - On the jun'23 quarter HUL has missed its revenue forecast by ~2.5% & profit forecast by ~4% indicating poor performance by the company STIFF COMPETITION - The regional players who had left the market during peak inflation have returned as inflation subsides indicating even higher competition for company MUTED DEMAND - Company has said that the demand in rural areas has not yet picked up and consumers are still preferring unbranded alternatives compared to its Tea brand TP - 2700 SL - 2560
NSE:HINDUNILVRShort
by peace_lover
Indigo can paint your portfolio green!Indigo paints had a bumper listing during its IPO with 100% premium over issue price. However, since its listing, it has been in a downtrend and has corrected to an attractive valuation. The stock has already broken the downtrend and is now looking strong for a new upmove. The targets and SL are given in the chart. One can enter at CMP if his/her outlook is of a longer horizon. Please note that idea is shared just for educational purposes!
NSE:INDIGOPNTSLong
by chartistamey
1
MACPOWER CNC showing signs of strengthMACPOWER CNC showing good signs of demand at 50 ema with strong volume. Historically this scrip has always taken a good support from 50 ema and continued its positive trend. Another sign of strength is the scrip hasn't yet covered the price gap created on Sep 2022. This shows a strong demand for this scrip. Plus points in this scrip is its positive growing balance sheet and negligible debt. I have entered in this scrip and placed stoploss at 274. *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
NSE:MACPOWERLong
by nishant_bhatt
Cup and Handle Breakout in NMDC Steel.Cup and Handle Pattern Breakout in NMDC Steel. 40 Price level was acted as strong Resistance, now that level is broken with good candle and significant Volume. Retested that level and 41.55 was the high of the breakout candle. If today's candle closed above that level, then there is a high chance stock can move till 49-50 Range in Coming days. 38 is the idea Stop-loss. This is just a view not a Recommendation, Do your own analysis before making any investment in Stock MARKET. NSE:NSLNISP
NSE:NSLNISPLong
by KaravaliTradingZone_Official
VIJAYA - Bullish Consolidation BreakoutNSE: VIJAYA is closing with a strong bullish consolidation breakout candle supported with volumes Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:VIJAYALong
by BrahmaBull31
Classical Cup & Handle Breakout in BHELClassical Cup and Handle Breakout in Bharat Heavy Electricals Ltd Fundamentally this is one of the undervalued stock in the Capital Goods - Electrical Equipment sector which comes under Electric Equipment industry. 52 week high also broken and candle closes above that level with marubozu candle supported by volume. Target are mentioned in the chart. Stop loss below 68 level. This is just a view not recommendation, do your own analysis before making any investment. NSE:BHEL
NSE:BHELLong
by KaravaliTradingZone_Official
4
RALLIS - Bullish BreakoutNSE: RALLIS is closing with a strong bullish breakout candle supported with volumes Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:RALLISLong
by BrahmaBull31