Coforge on edge 1. Extremely over brought in daily as well as in weekly chart . 2. Can correct to 8250 . Shortby plabanchatterjee114
INOX GREEN :Flag PatternINOX Green : Flag pattern in daily chart indicates a Target of 200+(For educational purpose only)Longby CSB680
TATAMOTORS - Eying for a pullback to 860-900 levels? Please note that we are looking at a meaning pullback only and not a trend reversal. Since this is 4th wave on larger degree and fell one way down, expecting complex correction pattern to play out on this counter over the next few weeks. CMP: 783 TF: Daily The impulse move from 63.5 has been halted at 1179 to complete the 3rd wave so far. Stock has retraced the expected retracement level of 50% for the 4th wave (intermediate degree). Although it has room to go to 500 levels for the retracement, the ideal/expected pullback is 38% to 50% in most of the cases. Price has been falling one way from 1179 in a staggered manner and slow grinding, and the structure is LL-LH. We could either consider this pullback as ABC three wave down or 1-2-3-4-5 wave impulse. In either case, the third wave down (C or 3) has extended much without any meaningful pullback. I am expecting the price to test 900-920 levels before deciding the next trend. Reason for the bounce? MACD gave crossover signal, and am hoping for a pullback to 0 line. Price went sideways and also negated LH-LL structure on Hourly TF.. if we dont break the lows, we have a good chance of a meaningful pullback Why 900-920? It is the 38% retracement level of the move from 11142 to 760 Anchored VWAP from 1142 is placed at 920 200 DMA is at 910 Cloud Bottom is at 910 (Daily) On the way up, 850 could also pose a strong resistance (Super Trend, Cloud Base Line and 40 DEMA) What if it falls further? AVWAP from the recent swing low of 375 levels is placed at 747. I hope that could offer/stand a good support on the downside. Closing below 770 on Daily TF will trigger the move towards next Fib level at 677 I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Longby Murthy_SanthoshUpdated 8
IRFCIRFC showing resistance breakout with increased market participation. Heading towards 187. Keep it on radar.Longby vinithshah94
HINDALCO: Bounce Back with Institutional Confidence – Targets ₹7"HINDALCO: Bounce Back with Institutional Confidence – Targets ₹712 & ₹772" Stock: Hindalco Industries Ltd. (HINDALCO) Analysis: HINDALCO has shown a strong rebound from its major support zone after a significant correction. The stock is supported by positive institutional activity and robust financial performance, indicating potential for further upside. Key Highlights: Institutional Confidence: LIC’s Recent Purchase: Increased stake by 0.01% via open market, making its total holdings 5%. FII/FPI Holdings: Increased from 27.18% to 28.58% in Sep 2024 quarter. Number of FII/FPI Investors: Rose from 1117 to 1145, showing growing interest. Mutual Funds: Increased participation with schemes rising from 43 to 44. Institutional Investors: Total holdings up from 56.67% to 56.83%. Financials: Net Profit: ₹1,891 Cr, a stellar 123.3% YoY growth. Revenue: ₹23,087 Cr, a solid 10.8% YoY growth. Technical Setup: The stock has bounced back from its major support zone with momentum. RSI and other indicators suggest further upside potential. Trade Plan: CMP: ₹667 (example). Targets: ₹712 (initial target), ₹772 (next level). Stop Loss: Below ₹640 to manage risks. Disclaimer: This analysis is for educational and informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment decisions.Longby ImranulHaqueNoor0
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Resistance Breakout in HPL BUY TODAY SELL TOMORROW for 5%by Kapil-Mittal336
Hindustan Construction Channel Breakout at 46, Targeting 55-60Details: Asset: Hindustan Construction Company (HCC) Breakout Level: 46 Potential Targets: 55 and 60 Stop Loss: Below 46 or as per risk tolerance Timeframe: Short to medium-term Rationale: Hindustan Construction is showing a clear channel breakout at 46, indicating the potential for further upside. If the breakout is sustained, the stock may achieve the targets of 55 and 60, supported by positive momentum and technical strength. Market Analysis: Technical Setup: The channel breakout at 46 signals bullish momentum, with price action and volume patterns supporting an upward move. Sector Outlook: As an infrastructure-focused company, HCC may benefit from ongoing projects and government infrastructure initiatives, providing a fundamental tailwind. Price Target: First Target: 55 Second Target: 60 Risk Management: Set a stop loss below 46 to protect against downside risks in case the breakout fails to sustain. Timeframe: The move toward 55 and 60 is expected in the short to medium term, contingent on sustained buying pressure and broader market conditions. Risk-Reward Ratio: Favorable, with defined breakout levels and substantial upside potential, making it an attractive setup for bullish traders. Monitor the stock for continued momentum and ensure to track volume and broader market cues to confirm the validity of the breakout. Longby CyborgTradingHub1
MAXHEALTH - Breakout on 3rd Attempt?For the last two times, it broke above the wedge and fell down. looks like it is sustaining at the third attempt.. wait for the breakout above the recent swing high.. I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.Longby Murthy_Santhosh1
Angel One - Inverted Head and Shoulder With most wealth management companies giving great results over the past few quarters this stock is of interest. After the last Q when most co's gave super numbers but none moved well.. There is an inverted H&S pattern here and could lead to a good breakout next week. Long on Monday close to current price with a Stoploss below 2950. Longby rdkriplani1112
JSWENERGY - Bouncing from Confluence zone and 200 DEMAPrice is bouncing off from the confluence zone and also 200 DMA. Keep in your watchlist for investment purposesLongby Murthy_Santhosh1
Turning Bullish: Maharashtra Seamless LtdIntro: Maharashtra Seamless Ltd manufactures seamless pipes & tubes, ERW pipes. It is also in the business of renewable power generation and rig operations. Fundamental Analysis: Market Cap: ₹ 10,301 Cr. High / Low: ₹ 1,099 / 563 Stock P/E: 12.2 (Ind. P/E:30.3) ROCE: 22.9 % ROE: 18.1 % Sales Growth (3 years): 33%; Profit Growth (3 years): 69% Stock Analysis: Maharstra Seamless has been consolidating in a tight range between 569 and 701 for 3 months. In the last couple of sessions, it has given a strong breakout with good volume. Resistance levels: 782, 827, 927, 997, 1033 20 EMA has just crossed 50 EMA confirming the bullish trend. However, volume has to support for further quick upside momentum. Longby shanmurali2
Polyplex - Bullish BetThe stock has reversed and has created several strong support zones. 1) 50 DMA > 200 DMA and diverging 2) ADX > 25 3) Incremental vol 4) Daily Vol >average vol of 30 days 5) Strong Marubozu candle 6) Upmove with immediate target 1467 and HOLD for its journey towards 52 W high. Cheers and happy investing. This idea is purely academic in nature and not a recommendation for investment. Longby Darshan19710
BLUEDART - A must watch long term portfolio stock!MONTHLY TF VIEW: Price Observations: 1. Good Volume support 2. Price structure is bullish 3. Reclaiming 9 years BO level 4. Bouncing from Monthly swing 50% fib level. 5. Bouncing from the Weekly Demand zone 6. Earnings are showing good growth as well. Trade Plan: 1. Entry can be planned above 7900 with 15% Sl 2. Targets can be huge 14000 I'm expecting not immediately but eventually will reach there. Since it is a portfolio pick. For swing trade 9000 & 10000 can be considered as the TP levels - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata RayLongby SuperNova396Updated 14
Maharashtra Seamless Ltd looks good Technically.-Trendline breakout with high volume. -Ideal entry missed -Now at another important resistance. If broken and sustained then there is scope for further upmove. -Volume picking up with price movement. -Dry volume during pull backs. -Good ROCE -Good ROE -Debt-free company. -Profit growth of 26.3% CAGR over last 5 years These are the reasons for picking this stock. This is a positional pick. SL is very deep so position size it or adjust the SL as per your trading style/ Risk appetite. The chart shared is for educational purposes. Please do your due diligence before investing.Longby sagartharayil0
SECMARK CONSULTANCY FOR POSITINAL TRADE Cup and handle in formation can enter with 30percent quantity with max out at breakout hold for few weeks by venturacapitals81
PCJ - PC JEWELLER - Expecting 100% upside momentumPrice Analysis & Overview: 1. Outlook is bullish but good momentum only above 187 2. Volumes are not great! 3. Price is not showing strength as expected. 4. Price holding higher levels is a good sign. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing. Thanks & Regards, Anubrata RayLongby SuperNova396Updated 4
HBLPOWER on breakoutHBLPOWER gave a nice breakout with volume buildup in last 2 sessions Longby vinithshah9Updated 7713
Positional Trade Sharda Cropchem Trade details mentioned in the chart Yellow Lines = Add on dips Red Line = SL CLB Green Lines = Targets TSL Must = to maximize profits & lower your risk Don't miss to Boost 🚀 this idea For more info - Plz visit my profile Follow me for more..... Rgds, Naresh G SEBI Reg.RA Longby NareshG_SEBI_REGISTERED_RA4
Will Paytm rise to the past glory?After hitting a rock bottom the stock started reversing and is in an uptrend ever since. Watch for long opportunities. This is a medium-term long-term bet. SL is very deep. So do not bet big, can try pyramiding in this counter trailing your SL. 🟢In an uptrend after hitting rock bottom. 🟢Broke a potential barrier. 🟢Trading above key DMAs 🔴Uncertanity in fundamentals. 🔴Bearish sentiments in the market. Longby sagartharayilUpdated 6
targets open in ICICI BANKICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 9,21,925.00 Crore). ICICI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2024.Longby TechnicalAnalystSucritUpdated 6
IRFC long short term TradeIRFC break out of triangle and retesting now long opportunity at 148 and target till 155 to 160 with stop loss immediate low below 145 area. Longby rakeshreddymUpdated 118
AxisBank | Trendline BUll Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡✍️Technical Reasons to trade or Strategy applied :- ✅Inverted Head & Shoulder Chart Pattern Bull Breakout ✅Breakout confirmed ✅Rise in Volume ✅Good 3 touches Trendline Breakout with volume ✅Clear uptrend with HH & HLs sequence ✅ Order block as potential Supports ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view ! Longby ReviveTradersUpdated 3
Titan:Price volume action& DEMA golden cross overTITAN: Price volume action and 20DEMA Golden cross over above 50/100/200 DEMAs in hourly charts suggests a move towards 3500+-Shall consider buying above 3450(For educational purpose only)Longby CSB68Updated 0