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Union Bank Charts: Time to Buy or sell?After closely analyzing the Union Bank chart we have observed that 1) On weekly Tf, Union bank is trading with a bullish bias and currently its trading on a retracement move. For any buying opportunity we look for any change in Trend on lower Tf usually in 1Day or 4 HR chart. 2) On Daily Tf, Union bank is following the market structure of LH & LL, and looking at the very recent move the trend has been shifted to bullish. We can see on the chart that the previous LH is getting liquidated & market has formed a ned HH, indicating a switch in Market structure. We will look for only Buy opportunity when the price comes down to the FVG & OB on the daily tf. Entry on FVG or OB will help us to follow the smart money inflow. This is for educational purposes only. Please have your own research before investing.
NSE:UNIONBANKLong
by Trade_lyst
GPPL Stock Analysis: Identifying Bullish Patterns and Key LevelsTake a closer look at the full monthly chart of GPPL, where we can see a clear increase in volume as the price rises, and a decrease in volume as the price corrects. The recent rally has seen significantly higher volume compared to past rallies in this price zone, suggesting a high probability of continued bullish price action in the coming time. Notice the big bottom wicks on recent candles, indicating strong buying pressure around the 170 level. GPPL is currently in a consolidation zone. If the stock closes above 200 on a weekly basis, it will increase confidence in buyers. If the resistance at 250 is broken, we recommend trailing the stop loss as per price action. However, if the price starts to weaken and sustains below 165 on a daily basis, it may indicate a loss of buying pressure. A monthly close below 165 could trigger a bigger correction, potentially reaching the 125 level. Fundamental Brief: This company had weaker last quarter results. The company growth primarily depends on international trades happening through there trade route, so it has high risk of getting impacted due to world instabilities. So if you plan to trade or invest here, managing your capital considering this risks becomes vital. This analysis provides a technical framework for understanding the current market dynamics and potential future price movements for GPPL. By monitoring these levels and trends, you can make more informed trading decisions. Actionable Takeaways: Sustained daily closings above 200 along with volume rise should attract bullish momentum here and can be considered for partial entry. Look for a breakout above 250 with an initial stop loss at 240 Trail the stop loss as per price action if the resistance is broken Monitor the 165 level for signs of buying pressure or a potential correction Be prepared to adjust your strategy if the price sustains below 165 on a daily basis
NSE:GPPLLong
by pranitmahajan
1
Sundram Fasteners Ltd Chart AnalysisDetailed Chart Analysis for Sundram Fasteners Ltd. (4-Hour Timeframe): The chart uses **Heikin Ashi candles**, which are designed to smooth price movements and highlight trends. Below is a breakdown of the key elements: ### 1. **Price Action and Heikin Ashi Candles**: - **Trend Analysis**: - The chart shows a clear **downtrend** followed by a consolidation phase and a potential reversal in the last few candles. - The **Bottom 1 and Bottom 2** labels suggest a possible **double-bottom pattern**, a bullish reversal indicator. - **Resistance and Support Levels**: - The purple line at **₹1,399.90** represents a major **resistance level**. - The green and red arrows highlight areas where the price struggled, indicating critical decision zones. ### 2. **Volume**: - **Increasing Volume at Bottom 2**: - A spike in volume at the second bottom indicates buying interest, supporting the reversal possibility. - **Volume Divergence**: - While the price declined, the volume remained relatively low, indicating reduced selling pressure during the fall. ### 3. **MACD Indicator**: - **MACD Lines**: - The MACD line (blue) is crossing above the signal line (red) around Bottom 2, which is a **bullish crossover**. - **Histogram**: - The histogram bars are turning green and increasing, signaling strengthening bullish momentum. ### 4. **RSI (Relative Strength Index)**: - **Trend**: - RSI is rising from oversold levels (below 30), confirming increasing bullish momentum. - **Current Value**: - The RSI is nearing the **neutral zone (50)**, suggesting that the price is still in the early stages of recovery. ### 5. **ATR Trailing Stops**: - The **ATR (Average True Range)** trailing stops suggest the price has broken above a previous level of resistance, adding to the bullish case. ### 6. **Zones**: - **Green Zones**: Represent potential buying or accumulation phases. - **Red Zones**: Represent selling or distribution phases. The switch from red to green further supports the bullish reversal. ### **Conclusion**: This chart indicates a potential bullish reversal: 1. **Double Bottom Formation** near strong support. 2. Bullish **MACD crossover** and RSI divergence. 3. Increased **volume at support** levels. ### **Next Steps for Trading**: - **Entry Point**: Consider entering above **₹1,180** if the price sustains. - **Stop Loss**: Place a stop loss below **₹1,120** (recent swing low). - **Target Levels**: The first target could be **₹1,300**, with the second target near **₹1,400**.
NSE:SUNDRMFASTLong
by ramumaurya
MAPMYINDIA SHOWING STRENGTHNSE:MAPMYINDIA is Showing Strength with Good Volumes, ADX above 30, and MACD shows signs of Reversal Swing trade. A close above 100 DSMA is Important 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:MAPMYINDIA
by Karanshah137
Symmetrical MovesCMP -1014 Fibs- When the stock makes its grid from top and bottom its an indication of a stock neither expanding nor contracting. It is a stock that has to be left alone as far as investment is concerned. The stock made symmetrical moves since it made highs in 2018. Its 6 years now and the stock is still around the 2018 highs. RSI - every time the stock makes highs the RSI is halting in the bear zone. It is an indication that the stock is now turning bearish. It is asking you to exit.
NSE:RAMCOCEM
by singh17vivek
Raymond Lifestyle Ltd. Chart Analysis ### Detailed Chart Analysis for Raymond Lifestyle Ltd. (4-Hour Timeframe): #### **1. Chart Overview** The chart **Raymond Lifestyle Ltd.** stock on a **4-hour timeframe**, with **Heikin-Ashi candles**. Indicators included are **Volume**, **MACD**, and **RSI**. Notable chart patterns and support/resistance levels are also marked. #### **2. Observations** ##### **A. Price Action and Trend** 1. **Downtrend to Consolidation**: - The stock was initially in a downtrend, characterized by red Heikin-Ashi candles and lower highs and lows. - Consolidation occurred near the support zone at **₹1,913.15**, where price action stabilized with smaller candles and reduced volatility. 2. **Rising Wedge Formation**: - A **Rising Wedge** pattern has formed after consolidation, indicating a potential bearish reversal if the lower boundary of the wedge is broken. ##### **B. Key Levels** 1. **Support**: - **₹1,913.15**: This blue line represents a strong support level, where the price bounced multiple times during consolidation. A break below this level would signal further downside potential. 2. **Resistance**: - **₹2,125.00**: This is the immediate resistance, where the price is currently approaching. It coincides with the upper boundary of the rising wedge. - **₹2,772.10**: This higher resistance level marks a significant zone if the price manages to break above the current wedge. ##### **C. Volume Analysis** - **Decreasing Volume in Wedge**: - The rising wedge is accompanied by declining volume, a classic characteristic of this pattern, suggesting weakening bullish momentum. - **Volume Spike at Support**: - During consolidation at ₹1,913.15, a volume spike indicated significant buying interest, leading to the recovery phase. ##### **D. MACD (Moving Average Convergence Divergence)** 1. **Bullish Momentum**: - MACD lines (blue and red) have crossed above the zero line, signaling a bullish momentum. - However, the gap between the MACD and signal line is narrow, indicating limited strength. 2. **Divergence Risk**: - If the MACD starts forming lower highs while the price forms higher highs, it could signal bearish divergence, aligning with the wedge breakdown scenario. ##### **E. RSI (Relative Strength Index)** 1. **Current Reading**: - The RSI is at **55.68**, indicating moderate bullish momentum but still far from overbought territory (above 70). - RSI climbed steadily during the recent uptrend but shows signs of flattening near the resistance zone. 2. **Trend Insight**: - A fall below **50** on the RSI would confirm a bearish move, while a rise above **60** would indicate a continuation of the uptrend. --- #### **3. Key Events** 1. **Bounce from Support**: - The price rebounded strongly from ₹1,913.15, driven by buying interest, as reflected in the spike in green volume bars. 2. **Formation of Rising Wedge**: - The wedge pattern indicates a potential bearish reversal. Traders should monitor the lower wedge boundary for a breakdown. 3. **Approaching Resistance**: - The price is nearing ₹2,125.00, where sellers could exert pressure. A breakout above this level would invalidate the wedge pattern and suggest further upside. --- #### **4. Trading Insights** 1. **Bearish Setup**: - A breakdown below the lower wedge boundary, confirmed by increased volume and RSI falling below 50, would present a short-selling opportunity. The target for this move could be ₹1,913.15 or lower. 2. **Bullish Continuation**: - If the price breaks above ₹2,125.00 with strong volume, traders can look for long opportunities targeting ₹2,772.10. Confirmation from MACD (widening gap above the zero line) and RSI (rising above 60) would add confidence. 3. **Risk Management**: - In the case of a wedge breakdown, traders should place stop-loss orders just above ₹2,125.00. - For bullish trades, a stop-loss below ₹2,000.00 would help mitigate risks. --- #### **5. Conclusion** The chart presents a potential **bearish rising wedge** setup, with key resistance at ₹2,125.00 and support at ₹1,913.15. Traders should closely monitor price action at these levels for a breakout or breakdown, alongside confirmation from volume, MACD, and RSI.
RLong
by ramumaurya
Urban Enviro Waste ManagementUrban Enviro Waste Management Limited provides comprehensive waste management solutions, including municipal solid waste (MSW) management services. It manages approximately 2,000 metric tons of waste daily. The company has a portfolio of 36 projects, with 18 completed and 18 ongoing. With market cap of around ₹ 225 crore the company has shown strong revenue growth, with sales increasing from ₹13 crore in 2020 to ₹128 crore in 2024 and maintains a healthy ROE of around 51%. Services: Waste Collection: Door-to-door garbage collection for residential, corporate, and industrial clients. Transportation: Efficient transportation of collected waste to designated disposal sites. Segregation: Sorting of waste to facilitate recycling and proper disposal. Processing: Treatment and processing of solid municipal waste to minimize environmental impact. Road Sweeping/Cleaning: Keeping roads clean by removing debris and dirt. Bio Mining: Excavation, treatment, and utilization of aged municipal solid waste.
NSE:URBANLong
by CannySunny
BEL - Bullish Bomb - Target # 447 and Target # 2 493 - LongBEL has a very very lofty target based on following analysis 1) Trend already revised from 61.8 % golden ration Fibonacci extension and already have had 3 breakouts already. 2) 50 DMA > 200 DMA and diverging 3) ADX > 25 and rising 4) Fibonacci retracement and Fibonacci extension shows cluster at 447 and 493 and hence highest probability of achieving these targets. 5) Price consistently trending above Supertrend (14,3) and 50 DMA Idea for academic purpose and not recommendation for investment.
NSE:BELLong
by Darshan1971
RPP Infra Projects Ltd : .. Rounded Bottom Buy Above 235 Strict SL below 169 Tgt 235-409 Medium term Strong Momentum: Price above short, medium and long term moving averages Strong Annual EPS Growth 77.9% returns for over 1.4 years Stocks gaining versus previous close, open price and RSI High Momentum Scores (Technical Scores greater than 50) Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year Efficient in managing Assets to generate Profits - ROA improving since last 2 year Growth in Net Profit with increasing Profit Margin (QoQ) Growth in Quarterly Net Profit with increasing Profit Margin (YoY) Company with Low Debt Increasing profits every quarter for the past 2 quarters Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years Annual Net Profits improving for last 2 years Book Value per share Improving for last 2 years Stock gained more than 20% in one month Highest Recovery from 52 Week Low RSI indicating price strength Stocks near 52 Week High with Significant Volumes
BSE:RPPINFRA
by sameerw100
Sarla Performance Fibers Ltd .. H&S Positive Breakout Third Resistance ( LTP > R3) 30 Day SMA crossing over 200 Day SMA, and current price greater than open Companies with 10% increase in share price over three months, with rising net profit growth Undervalued Growth Stocks Strong Momentum: Price above short, medium and long term moving averages Relative Outperformance versus Industry over 1 Month Relative Outperformance versus Industry over 1 Year Above line growth, Below line valuations 77.9% returns for over 1.4 years Annual Profit Growth higher than Sector Profit Growth Growth in Net Profit with increasing Profit Margin (QoQ) Growth in Quarterly Net Profit with increasing Profit Margin (YoY) Company with Low Debt
NSE:SARLAPOLYLong
by sameerw100
1
SAKAR HEALTHCARE By KRS Charts13th September 2024 / 9:49 AM Why SAKAR❓ 1. First sign that attract me was SAKAR is in Bullish Trend making HHs and HLs since listed. ⬆️ 2. SAKAR is currently reacted to be bullish again from 100 EMA support in 1W TF. also in 1D TF 100 EMA is Just Underneath 👌 3. Fortunately, it reacted to be bullish within that 0.5 to 0.618 fibbo zone. ⚡ 4. Bullish Continues Divergence is also supporting SAKAR to be bullish. ✅ SL is Flexible, in 1W TF until closing below 100EMA line. Target so far I'm expecting is New All Time High point
NSE:SAKARLong
by KRSCharts
CAMS - DONT JUMP YET - DEEP CRAB HARMONIC in PlayTF: Hourly I have shared another chart on daily TF at the following link for POSITIONAL INVESTMENT purposes.. This post is for those who are trying to chase the price at the highs.. On the short term, the DEEP CRAB Pattern is in play and the PRZ is at 5440.. Price could overshoot a bit, but 1.618 of the XA leg is the ideal PRZ.. Price is expected to Reverse from PRZ and we dont know how deep it will go down (38%-50%-61% or more) .. Better to wait for a good price action at the extreme lows and not chase the price now I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NSE:CAMS
by Murthy_Santhosh