Get started

X-indicator

TRENT Stock: Key Levels, Trends, and Trading StrategiesTrend Analysis Primary Uptrend: The stock has been following a strong upward channel, as shown by the blue trendlines. Over the past months, the price has consistently respected these trendlines, indicating strong investor confidence and sustained buying pressure. Current Channel Movement: The price is trading within a secondary ascending channel, showing shorter-term consolidation within the broader trend. This setup suggests that while the uptrend remains intact, the stock is in a phase of measured growth. Key Levels Support Levels: ₹6,688.75: A critical near-term support level, highlighted in red. This level aligns with the lower boundary of the short-term channel. ₹6,353.25: The major support level that the price must hold to sustain the broader uptrend. Resistance Levels: ₹7,081.15: A key resistance zone, which the stock has been testing recently. ₹7,234.70 and ₹7,445.10: Further resistances that could come into play if the stock breaks out above ₹7,081.15. ₹7,644.10: The ultimate resistance in the current setup, beyond which the stock could experience strong bullish momentum. Volume Analysis: A noticeable volume spike occurred during the last leg of the uptrend, signaling strong accumulation by investors. Current volume trends are more subdued, suggesting a period of consolidation, which often precedes a breakout. Key Observations Bullish Flag Formation: The stock is forming a bullish flag, a continuation pattern that often leads to further upside. A breakout above ₹7,081.15 could confirm this pattern. Potential Scenarios Bullish Case: If the stock breaks ₹7,081.15 with strong volume, it could rally toward ₹7,234.70 and eventually ₹7,644.10. Bearish Case: If the stock breaches ₹6,688.75, the next support at ₹6,353.25 will be crucial to watch. TRENT stock exhibits strong upward momentum, making it an attractive option for traders. A breakout above ₹7,081.15 could signal further gains, while buying near ₹6,688.75 support levels offers a favorable risk-reward setup. As always, implementing strict stop-loss levels and sound risk management is crucial to handle potential market volatility effectively.
NSE:TRENTLong
by ayusharya_001
#HEG - Stage 1 Accumulation BO going into Stage 2 Growth📊 Script: HEG Key highlights: 💡⚡ 📈 VCP BreakOut in Weekly chart. 📈 Price gave a good up move and consolidated before BO. 📈 Volume spike on Breakout 📈 MACD Cross Over 📈 One can go for Swing Trade. BUY ONLY ABOVE 610 WCB ⏱️ C.M.P 📑💰- 584 🟢 Target 🎯🏆 – 70% ⚠️ Stoploss ☠️🚫 – 34% ⚠️ Important: Always Exit the trade before any Event. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅ Boost, Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with MMT. Cheers!🥂
HLong
by MMT_MakeMoneyTrading
Zomato reversing from support with a Bullish Engulfing!✅At support and reversing with bullish engulfing. ✅Strong candle. ✅Stock tends to respect 50 DMA and ride on 50 DMA. ❗️Trading below 50 DMA. ❗️Overall market structure needs to improve further and more confirmation is required. The risk of a potential downtrend still exists. Please consult your financial advisor before investing. This is not a trade recommendation. ▶️Market Cap---₹ 2,26,122 Cr. ▶️Current Price---₹ 256 ▶️Stock P/E---305 ▶️ROCE---1.14 % ▶️ROE---1.12 %
NSE:ZOMATOLong
by sagartharayil
2
Mr. Ashok Soota is waiting for the day to come soon mostly :)Hello, Everyone. I hope you all will be doing well in your life and investing. Here I have brought an IT stock with an investment idea that has been sideways for a long time. Now it looks like that movement will come, and it will cross 830+ soon. That will be the breakout of the stock, and it may move further after that. Strong support at 720. Difficult to break. It may consolidate between this range, but it looks doubtful that it will break 720. It has a good price and time to accumulate slowly for the long term. If it breaks 830 and sustains, then upside targets as per fibbo are 925, 1050, 1150, 1250, and 1400+. IT index is super bullish so full chance for this company to change trend from sideways to Uptrend. Lets see… It's just an assumption. Please do your research. Not a suggestion of buying. I’m posting just to keep my track record. Which can boost my confidence in the future. Source: Screener.in Happiest Minds Technologies Ltd About Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company Key Points Business Overview: Company offers IPs and domain expertise across a set of focused areas that include Digital Transformation & Enterprise Solutions, Product Engineering, Infrastructure Management, Security, Testing and Consulting. In the Solution space, focus areas are Security, M2M and Mobility solutions. Additionally, company is an authorized partner with global information technology players to deploy their services and create custom solutions. Business Units: a) Product Engineering Services (PES): This unit assists software product companies in building products and services that integrate mobile, cloud and social technologies b) Digital Business Services (DBS): DBS unit provides advisory, design and architecture, custom-app development, package implementation, testing and on-going support services to IT initiatives c) Infrastructure Management & Security Services (IMSS): This delivers integrated end-to-end infrastructure and security solutions with specialization in cloud, virtualization and mobility across a multitude of industry verticals and geographies. ** In FY24, company introduced Generative AI Business unit, which is expected to mature in 2-3 years.** Solutions Offered: a) APPrise b) Digital Assisted Selling Platform (DASP) c) Data Accel d) Digital Content Broker Solution (MCaaS) e) Integrated Security as a Services (iSaaS) f) Location Mobile Personalization (LO-MO-ME) g) MIDAS h) Digital Customer On Boarding (d COB™) Technology Offered: Analytics, Artificial Intelligence, Automation, Cloud, Digital Infrastructure Management, Internet of Things, Security, Software product engineering, etc. Services Offered: a) Agile Infrastructure b) Data Management c) Digital Transformation Services d) Managed Infrastructure & Security Services e) Product Engineering Services f) IT Security Services g) Web Technologies User Industries: Automotive, Banking, Consumer packaged Goods, E-Commerce, Education Publishing, Manufacturing, Retail, Travel & Hospitality, etc. Clientele The company has 244 active clients. Out of these, 57 companies are Fortune2000 / Forbes200 Billion dollar corporations. ~88% is repeat business. ~53% clients are >5 yrs old. International Presence: USA, UK, Australia, Canada, Netherland, Singapore, Malaysia and Dubai Liquidity As of Q2FY24, company has cash equivalents and liquid investments of ~Rs. 1,135 crs. Also, they raised Rs. 500 crs. through QIP and Rs. 135 crs. through NCDs. Revenue Breakup - Q2FY24 PES : 50% DBS : 27% IMSS : 17% Oth Inc: 6% Geographical Revenue Split - FY22: Company generated revenue from Exports ~81% which consisted of Infrastructure Management & Security Services ~14%, Digital Business Services ~23% and Product Engineering Services ~44% Country wise Revenue Mix FY23 USA: 70% India: 15% Others : 15% Promoter Holding Pledged As on December 31, 2022, 7.01% of the shares of Ashok Soota are pledged. Source: Yahoo Finance Happiest Minds Technologies Simply Wall St Growth Rating: ★★★★★☆ Overview: Happiest Minds Technologies Limited offers IT solutions and services across various regions including India, the United States, and several other countries, with a market cap of ₹110 billion. Operations: Happiest Minds Technologies Limited operates in the IT solutions and services sector, catering to clients across regions such as India, the United States, Canada, and several others. The company generates revenue through its diverse service offerings in digital business solutions, product engineering services, and infrastructure management. Happiest Minds Technologies has demonstrated robust financial performance with a significant 21% yearly revenue growth, outpacing the Indian market average of 10.6%. This growth is complemented by an impressive forecast of 24.8% annual earnings expansion over the next three years, highlighting its potential in a competitive tech landscape. Notably, the company's recent launch of Happiest Minds' Secureline360, an AI-driven security solution, underscores its commitment to innovation and sector leadership in cybersecurity solutions. This strategic focus not only enhances its service offerings but also positions it well for sustained growth amidst evolving digital threats. • Get an in-depth perspective on Happiest Minds Technologies' performance by reading our health report here. • Learn about Happiest Minds Technologies' historical performance. This is just to boost my confidence. No Suggestions for buying. Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial advisor before making any decisions.
NSE:HAPPSTMNDSLong
by Alleyshah
simple pattern based tradeAfter correcting a fair bit from its recently made all time highs my favourite pharma stock has been going in a zig zag manner while fundamentally it recently sold certain non core assets for some 150 odd crores... so whats cooking, will it announce the first of its long awaited brownfield acquisitons? Anyhow, it has formed a symmetrical triangle and the same should cleanly breakout between 10th and 17th dec, both dates included... target is near to its ATH of 1636... Although I may hold upto 17th dec as long as the price remains within the triangle, it is prudent to keep SL of 1400 on daily closing basis...
NSE:NATCOPHARMLong
by Rocky_Chow
[Positional] OIL Support and Resistance Trade Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
NSE:OILLong
by Amit_Ghosh
Banknifty should fly from here! Due to rate cut expectation #NIFTYBANK action pack analysis on banking sector..are you ready?? Tomorrow is monetory policy, so there is higher probability we can see rate cut as minimum 25 basis points, so i am expecting this news is gonna to be positive specially for banking and nbfc sector, so chances are high banknifty can give solid move towards 54000, atleast 700-1000 points move possible from current level, other side 53000 is really strong support zone for intraday closing, right now price has came down, but it will surely give close above to 53000 levels. For downside we have very strong support zone at 52575-52650 which can act like strong support zone for intraday in case if we see more dip from here. Overall tomorrow mpc news is highly positive for market. I have a trade for that take banknifty 54000ce now at 445 you can add more in case if you get some lower levels till 390 keep strict stop loss at 300 so overall we will have 145 points stop loss for Targets we will keep at 560/675/900++ Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
NSE:BANKNIFTYLong
by TraderRahulPal
AGI Green Pac Ltd - BullishThe stock is trending bullish with Price Action forming higher Highs and higher Bottoms. 1) 50 DMA > 200 DMA and diverging 2) Supertrend 14,3 about to crossover 50 DMA from bottom. ADX >20 3) Fibonacci retracement and trendbased extension forms a cluster at 127 % of retracement levels and hence the target # 1 of the stock price is approx INR 1589. It is highly likely that the stock will rise to INR 1589 for onwards journey to higher levels. This is a academic study and not advice to buy
NSE:AGILong
by Darshan1971