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BANDHAN BANK - DOUBLE BOTTOM IN FORMATIONSymbol - BANDHAN BANK CMP - 151.12 Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services designed for micro banking and general banking. A double bottom pattern is currently in formation, and the price is undergoing a consolidation phase. At this juncture, the key level of focus is 154, which represents the breakout zone for this consolidation (Buy Trigger). If the price successfully sustains above this level, a potential upward move towards 168 can be anticipated. Therefore, I intend to initiate long position in Futures at the buy trigger level. Additionally, I plan to add more position around 150 level and will hold long position with a stop loss at 144. The target for this trade is 168, which implies an expected upside of approximately 8.40% from the entry point. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:BANDHANBNKLong
by akshit_official
JSW Energy : Entering a Quarterly Demand Area#jswenergy - Q3 result was NOT great, and pressure may remain on solar energy related stock (oversupply) -Technically, it is entering a demand area in Quarterly/Monthly chart and can consolidate now in this range of 350 - 450, while on upside the level of 630 - 670 will be strong resistance. Look for reversa l/ breakout in weekly charts to confirmation of base formation. - The recent correction in jsw energy share price removed froth in the stock (now ~ 40P/E ratio), may offer better opportunity to trade on long side on major support of 420-425 level in weekly 200D-EMA #learn_at_stoxsense #Learntradingwithsudhir #StockMarketIndia #Optiontrading #learntrading
NSE:JSWENERGYLong
by stoxsense
1
EXPLEO SOLUTIONSCMP: ₹1204 Promoter Confidence: A significant 15% increase in promoter holding between March 2023 and June 2023, signaling strong belief in the company's prospects. Technical Analysis: A strong rounding bottom pattern, formed over the long-term since 2015, indicates a bullish breakout potential. Solid Foundation: The stock has built a stable base over the past 4 years, providing a strong platform for future growth. Financial Strength: Backed by robust financial performance, adding credibility to its growth story. Target: ₹2400 (1-year horizon).
NSE:EXPLEOSOLLong
by Vanshstockideas
This is a daily chart of IRFC (NSE).Key Points: Downtrend: The stock is moving down but is near strong support (green lines). Breakout Possible: If it moves above ₹144.70, it may go up to ₹149.04 and then ₹166.90. Resistance: The red trendline is acting as a hurdle. A breakout above it can push the price higher. Risk Level: If it falls below ₹127.65, the downtrend may continue. Potential Upside: First target: ₹144.70 (+6.78%) Second target: ₹166.90 (+10.81%) Conclusion: Above ₹144.70 → Bullish move possible 🚀 Below ₹127.65 → Downtrend risk ⚠️
NSE:IRFCLong
by iVishalPal
PVRINOXKey Observations: Downtrend: The stock has been falling for a long time. Support Level (Green Lines): The stock has reached a strong support zone around ₹988 - ₹1,043, where buyers are stepping in. Bounce Back: The stock has given a small green candle, indicating some buying interest. Target Level (Blue Line - ₹1,204.20): If the stock continues to rise, it may move up by 13.66% to ₹1,204.20 (previous support, now resistance). Volume: Volume is slightly increasing, which supports a potential reversal. Conclusion: If the stock holds above ₹1,043, it may go toward ₹1,204. If it breaks below ₹988, the downtrend may continue.
NSE:PVRINOXLong
by iVishalPal
Hdfc BankFor ItechnIndia more than anyone else....... Before you type or suggest to anyone..... ensure you have your RIDERS ready with you..... From the High of 1880 odd to the Low of 1624..... marks a complete wave, wherein..... from high to low does not mean you BUY for Gods sake.... you 1st let it sustain above 50% retracement atleast. The damn price has'nt even crossed above 1684 which is the minimum 23.6% retracement from high to low .............. AND YOU WANT PEOPLE TO BUY ??????????????????????????? WHAT IS THE BASIS OF SUCH ANALYSIS ??????
NSE:HDFCBANK
by deepgups
Long Trade Idea: NSE:RADICO🚀 Long Trade Idea: NSE:RADICO (Radico Khaitan Ltd) 🚀 📌 Current Price: ₹2,111.20 📌 Analyst Target Range (1-Year Forecast): ₹2,380 - ₹2,996 📌 Analyst Consensus: Strong Buy 📊 Technical Analysis Highlights: 1️⃣ Liquidity Sweep: - Today's daily candle has swept the liquidity from 22nd October 2024, signaling a possible bottom formation and potential reversal. 2️⃣ Nen Star Harmonic Pattern (27.01.2025): - This harmonic pattern is a strong reversal signal, suggesting the end of the ongoing downtrend and a shift towards bullish momentum. 3️⃣ Relative Strength vs. NSE:NIFTY: - The 123-period Relative Strength (RS) of RADICO compared to NSE:NIFTY is positive, indicating outperformance and potential upside in the coming sessions. 4️⃣ Chart Pattern - Falling Wedge: - The stock is forming a falling wedge, which is a bullish breakout pattern. A breakout above resistance could trigger a strong upside move. 5️⃣ Discounted Price Opportunity: - The stock is trading at a heavy discount relative to analyst price forecasts and fundamental valuation, making it an attractive buy for traders and investors. - Revenue Growth: Consistent increase in revenue driven by premiumization of products. - Profit Margins: Healthy margins indicate strong pricing power. - Industry Outlook: Alcoholic beverages sector remains resilient with growing demand in India. ⚠️ Disclaimer: *This analysis is for educational and informational purposes only and should not be considered as financial advice. Stock market investments involve risk. Please do your own research or consult a certified financial advisor before making any investment decisions. I am not a certified financial analyst.*
NSE:RADICOLong
by profitpulsepro