Technically: 1)Broke-out from Stage I - Consolidation (approx. one year) with good number of Volumes. 2)Entered into Stage II - Uptrend. 3)Support around 30 EMA. Fundamentally: 1)Posting amazing QoQ & YoY results. 2)Almost Debt free. 3)EPS & ROCE increasing with good numbers. Great stock to watch out for!!!
Technically: 1) Entered into Stage II - Uptrend after Weekly resistance breakout with huge Volume. 2) Good Price Volume Action can be seen. Fundamentally: 1) Posting remarkable Quarterly results. 2) Almost Debt free. 3) Increasing EPS. 4) A subsidiary of Tata Steel Ltd. A Potential Multibagger!!
1) Weekly Trendline Support Broken. 2) Entered into Stage III - Consolidation/Minor correction. 3) Taking Support at 225. 4) If we apply Dow Theory: (i) A close below previous swing low (HL/214) may result in change of Trend. Which is Stage IV - Downtrend. OR (ii) Stage III may continue for a while before it enters next Stage II - Uptrend.
Inverted Head & Shoulder Pattern on Weekly chart. Breaking out Resistance zone. Huge volume while crossing the Resistance zone. Worth keeping an eye for long.
Beautifull Potential trades for my followers :) This is just one view now U have them make good use of setups also some learning points and some good Risk to reward setups have fun and good trading day :)
Weekly Investment Idea | Large Cap Stock | Larsen & Toubro Ltd #LT 1) Good weekly close. 2) Inverted Head & Shoulder Breakout. 3) No near term resistance. ATH. Free Tip #Calculation of Target in INHS type of breakouts: Target = R1 + (R1-S1) = 1600 + (1600-765) = 2435. Note: Above values are approx. values. Please refer chart.
These are potential trades given by you guys only in the comment section :) also, some are my findings, UPL bearish trade can be taken as a good intraday opportunity and the same goes for bajaj finance 15min BO anticipation and inverted HnS trade. Other stocks are good to go for our swing trades
Based on previous analysis apple is ready for weekly pullback! Check the previous analysis on my profile! How to enter: 1. when the counter trendline is broken take a good R:R and sell 2. Taget is 140 but fir safety make is 140.5 3. Use Counter trendline and lower highs for stoploss! All the best!
Potential down move on AUD/JPY 📉 Things to consider: 1. Triangular Formation 2. MACD and price downward momentum 3. COT data shows AUD is being short and JPY is also being short so overall strong down movement upcoming How to enter: 1. Entry after the weekly resistance is broken 2. Entry should be on 4hr timeframe for better R:R 3. Enter when storng down momentum starts
At 180 levels, Cybertech has formed a rounding bottom with a pullback with a smaller candle on a Weekly basis. A long can be initiated with 1st target to be at 210 levels. SL can be placed at 170-174 levels.
Technically: 1. Weekly resistance breakout with good volumes during Dec,2020 week. 2. After seven months of consolidation poised well for another breakout. 3. Good Price-Volume action. 4. Technically, next stop around 530. Fundamentally: 1. Sustainable business. 2. Healthy Quarterly/Yearly results. 3. Almost a Debt free company. Potential Multibagger in coming years.
#IIFLWAM is ready for its ATH level breakout, here in chart you can see good bullish hammer candle with high volume ever in this stock. above 1664 looks good for #swing trade, do not enter without proper Risk management. this is for educational purpose.
Past weeks were strong green for apple stock now is the time for the pullback on the weekly time frame.
Nifty weekly levels Try to short for the first week Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Banknifty in 1hr candel.. let's see how the levels are supported in the coming sessions
Nifty50 will perform bullish after this long consolidation in range bound month. In august we can see 16k cross nifty50.
LNA on the demand of you guys only :) was a little busy today so less stocks
INDIGO - Swing trade key points Weekly resistance at 1800 to 1900 levels Weekly support zones at 700 to 800 levels Week timeframe pattern is broadening pattern so we night break this hurdle on weekly basis with a power green candle and then a good upside is possible for 25% to the levels of 2200 Day time frame suggests an ascending pattern with good dip...