Angelone - Keep On WatchThe chart is self-explanatory. After retracing 100%, from 3900 to 2000 in July 2024 it has resumed upside movement in the last 6 months.
At present consolidating at the important resistance around 2800.
If it reverses from these levels, it may go into a bullish phase again.
Further targets are mentioned on the charts.
If sustains below the 2680 level, the setup will go weak. Do not hesitate to exit any trade when hits the risk capacity.
one should keep the position size and entry levels following risk management.
All this illustration is only for learning and sharing purposes, not trading advice in any form .
All the best for your trading journeys.
Z-CASH
Abans Holdings - Low Risk IdeaThe stock price has dropped more than 50% in the last 3 months. And 25% in the last 10 days.
This time, it is close to the long-time support levels of 250-260.
If it shows the reversal this time, it will be a good risk-reward trade. It may reach the levels of 310/340 or even more.
The setup remains active above the level of 255-260. If sustains below 248, the setup will go weak.
One should keep the position size following risk management.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
LT - Long SetupCMP 3947 on 09.12.24
Since January 2022, the stock has been traveling in a rising wedge pattern. For the last many days, the price has been moving in a range (shown as a rectangular shape). This time looks like breaking the upper levels.
Immediate supports seem to be around 3860 and 3740.
One may start buying from the current price to as low as 3860, multiple times.
Always keep the position size in accordance with risk management.
The setup fails if the price sustains below 3730.
All this illustration is my own view, shared only for learning and observation purposes. It is not a piece of trading advice in any form.
All the best.
Asian Paints - Seeing the OpportunityThe stock price has dropped more than 30% in the last 3 months—this moment resting on a multiple support area, as seen on the charts.
If it bounces back from the support levels, may go into a bullish phase again. That could push the price up to the levels of 2520/2690 and 2950+.
One should wait for the reversal signs and then make an entry. Also, mind the position size.
Do not hesitate to exit the trade when hitting the stop loss.
All this illustration is only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Birlasoft - Positional setupCMP 599 on 12.10.24
A Pole and Flag pattern-like formation is in progress on the chart. But a trade setup should be backed by other parameters too.
The range of 550-580 has been acting as a good support zone for a long time. This time, it reversed from the zone again—a good time for a buy setup with a favorable risk-reward ratio.
Immediate targets seem 670, 710, and 740.
The setup fails if the price sustains below 550-540 levels.
Position size should be following risk management.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
Tata Motors - Positional SetupCMP 780 on 22.11.24
The chart is self-explanatory. It shows the consolidation in recent sessions at support levels. If it gives an upward move, it may go to 880.
A reversal in MACD is awaited now.
One has to keep the position size according to the risk management.
This illustration is my own view, shared only for learning purposes. It is not a piece of trading advice in any form.
All the best.
ABB - Keep An EyeAll points are mentioned on the charts.
In the last session, the stock has shown a bounce back from the multiple support levels as indicated on the above chart.
If momentum continues, may go to 8150/8650.
Above 8800, a breakout of flag pattern will be there.
The setup remains active until the price sustains above 7200.
This illustration is only my view, only for learning and sharing purposes, not a trading advice in any form.
All the best.
Moil - Low Risk Setup
CMP 334.60 on 02.11.24
The price has been corrected by around 40% from the higher levels.
All important levels are marked on the charts. If crosses the area of 340-370 and sustains above, may go into a bullish phase again. targets may be 380/480 and even more.
If sustains below 310 and sustains below, the setup goes weak.
At present point, the risk-reward ratio is quite good.
This is my view only for learning and sharing purposes, not trading advice in any form.
All the best for your trading journeys.
Cello World - PositionalIn the last few months, the stock had been traveling in a rising wedge pattern. Recently breached the channel in downside. At present trying to enter the channel again, after taking support at the 860-870 zone. That has been a good support level in the recent sessions.
If crosses 930, with good volumes and sustains the momentum, further targets may be 1000/ 1120.
If sustains below 860, the setup will go weak.
This illustration is only my view, only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Mphasis - Multiple BreakoutsCMP 2910 on 19.08.24
It can be seen on the charts that the stock has been forming a triangular pattern and Cup & handle pattern in the last 2-3 years. Already shown the breakouts of both the pattern around July 24. Already retested the breakout in recent sessions and showed a strong bounce back in the last session ( closed 192 points above).
If the momentum continues, the next target area may be around 3230, 3640, and even more.
Plz analyze the chart carefully and make a strategy that suits you. Make an exit according to your risk management. However, if it trades below 2650 levels it will show weakness on the charts.
The above illustration is only my own view, only for learning and sharing purposes, not a buy or sell advice in any way.
All the best.
IPCA Lab - Observing Buy SetupCMP 1361 on 09.08.24
The above weekly chart shows that the price has formed a cup & handle pattern in the last 2 years. If this pattern continues we can expect a breakout on the charts.
MACD is showing a likely crossover too.
Possible targets may be 1600/1800 or even more.
As long as it sustains above 1300, this setup remains relevant.
Decide your exit levels according to your position sizing and risk-management.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Navin Fluorine - Positional SetupThe chart shows the possible supports and resistances. At present, the price is about to cross a predefined resistance area around 3450-3500. If crosses the zone and picks some momentum, we may see upper targets according to the setup.
Also, the gap area upside is to be filled in due time, of course in a bullish phase.
If sustains above 3500, may go to 4000/4200 or even more.
If sustains below 3200, this setup will go weak.
Decide your entry and exit levels and position size in accordance with your risk management.
All this illustration is only my view, just for learning and sharing purposes, not trading advice in any form.
All the best.
Indiamart - Keep On WatchCMP - 2930 on 27.09.24
Since January 24, the stock has formed a Cup & Handle-like pattern. It is now retesting the immediate support, which is around 2900-2950. If picks a bullish momentum and gives breakout of C & H pattern. It may go to 3650/ 4100+.
However, the breakout level is above 3400 but the current price is a good place for an early entry with a more favorable risk-reward ratio.
Considering risk management, one has to choose the entry-level and position size wisely.
If the price sustains below 2620, This setup loses significance.
Trade wisely and calmly.
The above Illustration is only for educational and sharing purposes, not a trading recommendation in any form.
All the best.
PVR - Positional Long SetupCMP 1349.30
The stock is showing reversal signs in the last few sessions. The logics are indicated on the charts.
MACD is also showing reversal signs even on weekly charts.
Above all, the risk-reward is pretty good at this point.
If gains momentum over 1350, targets may be 1460/1550/1640.
If sustains below 1300, that will show weakness on the charts. One has to plan an exit according to risk management.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Bata - Long SetupIt is clear from the chart that the price is at the long-time support level of around 1550. if bounces back from this level, may go into a bullish phase. That may carry the price to 1720/1770 and even more.
Long time target seems around 2100.
This setup fails if the price trades below 1515 for a couple of days. Unless it comes above 1550 again. This point in time is good for this buy setup in terms of risk-reward ratio.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Bajaj Finserv cash - Long SetupCMP around 1640 on 19.07.24
A breakout of an inverted head & shoulder pattern is spotted on a two-hourly chart. next target seems to be around 1700 in continuation. In the case of retesting the breakout level, support is around 1615-1620.
If it goes below 1615-10, it may go weak again. One has to trade with patience while maintaining risk management.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Understanding Risk-ManagementThe stock is trading at lower prices if you see last month's movements. In the last few days, it formed a double bottom
and again came down to lower levels. If reverses from these levels, a bull run may come.
The risk-reward ratio is good at this point.
1. If we enter at 940 while considering the stop-loss at 860 - the loss will be 60 points.
2. If prices go in our desired direction, the final target comes at 1500 - the profit will be 560 points.
So we have to keep our position size in a way that if we have to exit at a loss, that should be manageable for us.
This means we should be ready for that loss. Else while going in profits, we may exit at the first target of 1140.
Let's calculate the quantity of 25.
If we have to exit at a stop-loss of 860 - the loss will be 2000.
If the price reaches the first target of 1140 - the profit will be 5000
if the price reaches the final target of 1500 - the profit will be 14000
We should always keep our position size in accordance with our risk capacity.
Risk management is a general concept in every aspect of our life and normally we follow this other than the stock market.
Only for learning and sharing purposes, not a bit of trading advice in any form. Please do your own analysis before taking any trade or consult your financial advisor.
All the best.
Infosys - A Long ViewCMP - 1627 on 04.07.24
The weekly chart shows the support and resistance to the price movement.
If crosses 1680 and sustains above, it may go into a bullish phase.
Possible targets are 1730/1850/1900++
MACD is also showing a possible crossover.
At the the time of crossing 1730, we will complete the head & shoulder pattern formation which is in progress right now.
Keep in mind that the support seems around 1510, which can be seen at any time of correction.
Better to make the strategy according to the cash segment, which allows us to accumulate many times.
If the price trades below the triangular pattern, this setup will go weak.
Always plan your trade, in any case, the risk-reward ratio must be good. Don't hesitate to exit when hitting your risk management.
This illustration is only for learning and sharing purposes, not trading or investment advice in any form.
All the best.
RBL Bank - Low Risk OpportunityCMP 235 on 28.07.24
The stock price has been traveling in a rising wedge pattern in the last months. This time, again at the lower levels of the wedge. A pink support line is to be noticed too. It has taken support on this line and bounced back 3-4 times. So it seems at multiple support this time.
In the last 2 sessions, the stock has shown some reversal signs with bigger volumes. MACD should also be considered.
If the pattern continues, we may see targets of 260/280/300 in the coming weeks.
Buy levels are between 235 and 225 in split quantity.
Please remember that if the price is sustained below the pink support line, it will bring weakness to the trade setup. One has to start thinking of an exit if trading below the pink line.
Always keep your risk management in your control. Plan some position sizing in these kinds of setups.
This illustration is only for learning and sharing purposes, not trading or investment advice in any form.
All the best.
NIACL - Long OpportunityCMP 238.30 on 04.06.24
A long setup is spotted on the charts. If crosses and sustains above 248, the next target can be 300+.
Skill in position sizing and accumulation is needed in this trade setup. Let this understand -
We have to buy from 238 to as low as 222. We have to buy in a way that at the time when the price drops to 222, our risk-reward ratio should be comfortable according to our risk management. That means our loss should not be more than what we have decided now.
Let's have an example -
Buy 100 at 238
Buy 50 at 232
Buy 50 at 222
-------
Average price is 232.5
Loss at the time of exit - 4500
Profit on the target of 300 - 13500
It comes around 1:3, which seems good.
One can reduce or increase the quantity according to one's risk capacity and management.
The above illustration and examples are only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Indiabulls looks bullishThe weekly chart shows the possibility of a breakout above 200. MACD is also showing a bullish crossover. If crosses and sustains above, An early target will be around 300.
At this point in time, the risk-reward ratio is quite good. One should wisely choose the position size and manage the risk. Better to accumulate up to the levels of 160 {if goes down}.
This illustration is only for learning and sharing purposes, not trading or investment advice in any form.
All the best.
LT - Positional Short SetupCMP 3658 on 29.04.24
The chart explains the support and resistance areas in recent sessions. According to the scenario, if the stock does not sustain above 3730, may go weak in the next few sessions.
One should sell between 3650-3700. Targets are mentioned on the charts.
This setup fails if the price sustains above 3730-50. One has to plan the position size and the exit plan wisely.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
Indiamart - long setupCMP 2530 on 29.05.24
It can be seen on the charts that the price has reversed many times from the trendline in the last around 2 years. If the pattern continues, may go bullish again.
The risk-reward ratio is quite good at this level.
This setup fails if the price sustains below 2475.
Targets will be 3000 or even more.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.