Weekly breakout dollar industryStock formed very good bais with good volumes and gave breakout of trendline with good volume it's bit risky but it also look very promising . It's for education only.
Volumespreadanalysis
Early entry setupStock is recovery face . One can take early entry bcoz I think it may give sipke as u can see volume contraction. Safe trader can wait for healthy green candle. It's for education only.
Bottom fishing🎣Stock is consolidating at good support after good falll. Accumulation in this stock at lower lvl is about to finish or already it's finished. Now stock can show good up move from here. Stock is getting good push from technical analysis and fundamental ( all chemical stock saw good up fall bcoz of China dumping and market have adjusted according to that so most of
chemical stock will show up move it's also one of the) it's for education only.
Resistance breakoutStock is at two eary low which best discount any one can get and all also stock forming base pattern with good buying volume. One can easily enter here and wait for long target. It has very chance to reverse from bcoz of technical analysis and fundamental. Take any trade as per your risk capacity. It's for education only.
Indian Overseas BankIOB Long targets are ploated
SL @ 26.
Only for education purpose do own research before investing in stock market.
Intellect Design Arena Ltd Long NSE:INTELLECT
Intellect Design Arena Ltd LONG trade .
Reason to go long :
1 . Taken Fib support of 61.8%
2. 2 Bullish Marubozu bullish candles .
3. Emerging IT player
4. String YoY results
5. Bounce Back on the Volume profile level ( Demand Zone )
Buy @ 455-460 Lvl
SL @390-388
Tgt 1 : 515
Tgt 2 : 570
Tgt 3 : 620
VOLTAS PULLBACK (LONG TRADE ) NSE:VOLTAS
Reasons to go long :
1. Reversal from the golden reversal level of 61.8% fib level .
2. Trend Break + Retest Done
3.Very strong buying (bullish volume ) today (10-02-23).
4. Volume profile indicator showing no major resistance till 1000 lvl.
5. Q1-Q2 earning will increase ( summer months )
KAKATCEM - LongStock is placed at 200EMA on weekly tf. It is in consolidation phase since many week's. Needs good volume to move towards 300 levels.
Infosys Institutional Zone Infosys is currently on a crazy support, this is not just any support, it is an institutional support where price has run up 17% and 19% in the past in just
1-2 months.
1. Falling volume- as price approached this area, selling pressure weakened out and candles became smaller with larger wicks. Which is a bullish sign
Entry- After it Breaks Away
Stop loss- Below the consolidation
Target- 1617
Keep It Simple
Can CIPLA go up from here on? How long could it be?It looks like CIPLA is in value area, I could see the sell volume is less compared to buy volume based on VPA. If the price breaks above the range, one can go long? But How long could it be should be decided again by VPA.
STAR CEMENT - LongStar cement has shown weekly GOLDEN CROSSOVER on weekly Time frame. There is good volume buildup as well
Nifty - Weekly AnalysisNifty is forming LH,LL formation on Daily time frame. It's holding 200 EMA as of now but has tested 4 times last week.. For me trend is bearish
AMBUJA CEMENT - LongStock is in weekly demand zone. It's a high risk trade after all the chaos that's going around ADANI group. Stock is touching 200 EMA on weekly basis.
$GALA Support retest done.$GALA again lookin clean.
Support retested with a high volume breakout.
Entry, Exit & SL marked clearly.
Sansera Engineering LimitedSANSERA:- breakout by forming an ascending triangle pattern. keep on eye
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.
Madras Fertilizers LimitedMADRASFERT:- stock is about to breakout keep your eye.
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.
DONEAR INDUSTRIES - LONGIt's a smallcap company on the verge on monthly breakout after 12 years. Good volume buildup since 2-3 months.
Volume price analysis & Volume Divergence Cheat sheetWhat makes volume price analysis so crucial?
Volume and price analysis play a major role in trading and investing. Volume analysis helps traders and investors identify whether there is significant interest in a particular security. It also helps to identify potential buying and selling pressure, which can be useful in predicting future price movements. Price analysis helps to identify trends and price patterns, which can be useful in making trading and investing decisions. Volume and price analysis are important tools that can be used to spot trading opportunities and make sound decisions.
2 important things to keep in mind when analysing volume:
1. An increase in volume shows that market players are eager to participate in the developing market activity and want to see the price move higher in an uptrend or lower in a downtrend and are willing to buy higher in an uptrend or sell lower in a downtrend.
2. A drop in volume shows that traders are less interested in seeing prices rise in an uptrend or fall in a downtrend and are more eager to purchase lower in an upswing and sell higher in a downtrend.
Volume Divergence:
It is essential to check whether price and volume patterns are similar when comparing them. In that case, there is a good chance that the trend will continue. A volume divergence occurs when price and volume diverge, which indicates that the underlying trend may not be as strong.
According to my observations, whenever a stock is trading at a high volume, it seems to strongly trend either upward or downward. Here are some important concepts in volume price analysis:
1.When the price of a stock rises with increased volume, it indicates that the bull trend is stronger and buyers are interested, and this is a trend continuation signal.
2. If the stock price rises but volume decreases, it indicates that the bull trend is weakening and may reverse, and buyers are not interested. Price and volume divergence suggest a trend reversal.
3. If the price is falling while the volume is increasing, it indicates that the bearish trend is quite strong and sellers are active.
4. if the price is falling and the volume is decreasing, it indicates that the bearish trend is weakening and will soon reverse, signifying divergence between price and volume and a trend reversal.
GRAVITAGRAVITA:- Cup & Handle chart pattern breakout , Cup & handle chart pattern is bullish chart pattern.
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.
A clear BULLISH view on BIRLASOFTHEY GUYS,
BIRLASOFT stock was following a pattern
i.e FALLING WEDGE PATTERN
now , this stock has crossed that pattern
and it is showing clear BULLISH SIGNS.
as you can see, a 12% increase in a single week and volume is also very high,
this shows that people are really interested in this stock.
Therefore, you can also trade in this stock and earn high returns.
you can clearly see the pattern in the chart
i have marked that pattern with the trend lines.
thanks and have a great trade.
IRB INFRASTRUCTURE - LongINFRA sector is on breakout verge. Stock has given good breakout with huge vol on 1D time frame
HINDPETRO - LongFalling wedge pattern formed along with good volume buildup on weekly TF. Stock near 200 EMA
