Bullish Engulfing in bajaj holding Reasons for a potential bullish move 1) support 2) 200 Ema 3) bullish Engulfing Plan of action - Entry - engulfing candle high Exit - 1:2 Sl- engulfing candle low Happy trading :) Disclaimer - for education PurposeLongby Rockstar9831Updated 1
AMIORGANICAmiOrganic on long term breakout with decent volume. Can do wonders in coming timeLongby vinithshah90
Leveraging the 200 SMA: A Strategic Buying Opportunity Explore the potential buying opportunity presented by the 200-day Simple Moving Average (SMA) acting as robust support. Discover how this technical indicator could signal a favorable entry point in the market, empowering informed investment decisions. It's crucial to remember that financial decisions carry risks, and any investment should be thoroughly researched and considered. Disclaimer- This analysis is solely for educational purposes and does not constitute any recommendation to buy or sell.Longby Rockstar9831Updated 223
"JSW Energy: Potential Breakout Ahead?""JSW Energy Nearing Breakout: RSI Rising (58.36) and Positive MACD - Await Breakout Candle with Volume" Plan of action - Buy above 660 ( proper closing ) Target 740-800 Sl 630 Wait for the volumes to come with a big fatgreen breakout candle.Longby Rockstar9831Updated 111
Immediate action on retest The stock has given a breakout after a long range bound side ways move. Look for entry after retest ..the is a volume surge on the breakout candle Plan of action -buy above 556 Target 1:2 Publishing it at 1pm june 13.Longby Rockstar9831Updated 1
Breakout potential in DMARTHead and shoulder pattern With rsi above 60 Stock is above all key Ema Potential bullish move. Plan of action - let it sustain above is resistance and plan @ entry 4950 after stock closes above resistance and retest Target - 5400 Sl- close below 4574 (50 Ema). Longby Rockstar9831Updated 0
CITY UNION BANK CUBNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... Keep an eye ladies and gentlemen. Cheers and Happy Tradingby SENSITRADE_T2
Marico sucessful retest with bullish HaramiBuy cmp After strong weekly breakout the stock has retested it's resistance and is taking support there with a bullish harami pattern. Rsi at 57.31 and above all key Ema this stock is a must in your portfolio . Will updateLongby Rockstar9831Updated 0
TRIVENI ENGINEERING RECTANGLE BREAKOUT WCBTriveni engineering breking range box weekly basis with good volume rsi #target 500 soon EDUCATIONAL IDEA Longby NeetikaSri1
On the verge of breakoutAll info indicates a bullish move just wait for the breakout. Longby Rockstar9831Updated 4
StoveKraft - Double Bottom / W Formation- Best Above 600Stove Kraft - Double bottom formation. Neckline Breakout. Best Buy above 600 Stop Loss - 480 Disclaimer : Educational content. Do your own research !!Longby jain_geetesh1
Double Bottom pattern breakout in GNFCGujarat Narmada Valley Fertilizers & Chemicals Limited. Key highlights: 💡⚡ ✅On 1 Day Time Frame Stock Showing Breakout of Double Bottom Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 865+. ✅Can Go Long in this Stock by placing a stop loss below 687-.by TradZoo0
Symmetrical Triangle Pattern Breakout seen in Rossari BiotechHello Everyone, i have brought a stock which has given breakout of symmetrical triangle pattern and price is sustaining above the breakout price, stock name is Rossari Biotech Ltd, and it was started in 2003. They are among the largest manufacturers of textile specialty chemicals in India. Their 3 main product categories are:- - Home, personal care, and performance chemicals - Textile specialty chemical - Animal health and nutrition The company has two R&D facilities , one at Silvassa manufacturing facility and a research lab at IIT Bombay. We know chemical sector is not performing well from long back, but prices are suggesting in many chemical stocks that, we can see rally very soon. Well best time to enter in any sector or stock is only when there is fear in sector or market. So this can be right time to enter and accumulate as much as possible in down levels, we might never gonna to see these prices again. Stock is trading almost 50% discount from all time all time highs. If someone is thinking to take and hold for long term, then i think right choice dude. Company Overview Rossari Biotech is a Specialty-Chemicals manufacturer offering solutions for Home, Personal Care and Performance chemicals (HPPC), Textile specialty chemicals (TSC) and Animal Health and Nutrition (AHN). It offers a total of 4220+ products catering to an array of applications across FMCG, Home care, Industrial Cleaning, Personal Care, Textile, Performance Chemicals, Animal Health and Nutrition and Pet Care businesses. Market Cap ₹ 4,467 Cr. Current Price ₹ 809 High / Low ₹ 904 / 657 Stock P/E 34.2 Book Value ₹ 190 Dividend Yield 0.07 % ROCE 18.3 % ROE 13.3 % Face Value ₹ 2.00 Industry PE 38.6 Debt ₹ 119 Cr. EPS ₹ 23.7 Promoter holding 68.3 % Intrinsic Value ₹ 590 Pledged percentage 0.00 % EVEBITDA 17.7 Change in Prom Hold -0.01 % Profit Var 5Yrs 23.3 % Sales growth 5Years 28.8 % Return over 5years % Debt to equity 0.11 Net profit ₹ 131 Cr. ROE 5Yr 16.0 % Profit growth 22.1 % 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. Thankyou. Longby TraderRahulPal11
Bandhan BankPositional Trade Bandhan Bank, If it crosses, 210-215, can go up to 250-260, it is forming U shaped pattern.by leodetnt1
NFL LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (1), (2), (3), and (4), which are shown as blue numbers on the weekly chart. Wave (5) appears to be underway at this time and might reach a minimum length of wave (1) from wave (4)'s lowest point. Wave (iv), also known as the corrective wave, unfolded in an a-b-c pattern, as indicated in red. Wave c of wave (iv) is unfolding in five waves, as illustrated in the black circle on the daily time frame. It appears that wave 5 in the black circle is still unfolding. It is a buying opportunity on the downturn (dip). Check the divergence with RSI in the 1-hour chart; the price will make a lower low and the RSI will make a higher high. It is anticipated that wave (5) will have about five subdivisions shown in red colour. Wave levels are shown on the chart. Level of Invalidation Wave (1) has been identified as the invalidation level at 73.70. Because As per wave rules, Wave (4) cannot enter the price territory of Wave (1). If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems. I am not a registered Sebi analyst. I conduct my research solely for academic purposes. Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses. Regards VJLongby vjdj2004Updated 45
QUICK HEAL - BULLISH - LARGER 3 WAVE ONGOINGHi Folks, Quick heal is undergoing larger 3 wave on weekly time frame. Within internals of ongoing 3 wave, we can see correction in 4 wave with a classical falling wedge pattern. Falling wedge has been broken with good volumes on daily time frame. RSI augments the price action and has broken with HH-HL structure. 2-4 trendline will act as support as well as invalidation level. Price action below this can lead to weaker price action or sideways movement will continue in ongoing 4. In case if RSI makes higher high then previous high of 3 wave, then this can be an extended 3 which will go further up. Targets are marked with fib projections, can be a smooth ride to these targets. Happy Trading! Cheers! Not a buy reco, please do your own due diligence. Longby KunalSaxena10Updated 4
Whirlpool - Elliott Wave - LongHi Friends, Following is the EW counts on weekly Tf. Currently, we are unfolding a larger wave 3 which has just started. 1. Larger Wave 1 was an ending diagonal where 4 wave overlapped with 1st wave. 2. Second wave has made a decent retracement. 3. With sectoral tailwinds in consumer durables and stock seems to be picking accumulation at the last leg of correction. 4. Very good time to enter for long term and ride the 3 wave up. 5. Indicative targets are marked. 6. Also, these targets will take a long time frame to reach as the chart is on weekly tf.Longby KunalSaxena10Updated 1
Bergeraint Bullish ViewAs per Data analytics i see good accumulation in this stock as well its near weekly trendline support and seems it will bounce upside just a vie not a recoLongby gttsudhakarUpdated 2
Bata Long Term - Bullish - Elliot Wave CountHi Friends, Bata has retraced 0.78% of previous impulse. It is setting up nicely with favourable risk reward ratio. There has been nice accumulation in volumes/delivery. Seems to be breaking out of correction. Strong tailwinds in consumer durables might propel it to larger 3 wave. Targets are marked in the chart on the basis of fib projections.Longby KunalSaxena10Updated 6
HDFC LIFE - Bullish - Long TermHi Folks, HDFC life looks very bullish on daily time frame. Currently, Daily RSI has broken out nad weekly RSI about to test falling trendline. If the breakout sustains, Risk reward is highly favourable. Life insurance theme is available at very reasonable price, there is increment in premiums which lead to top line as well as bottom line growth for insurance sector. Longby KunalSaxena10Updated 4
Cera Sanitryware - Bullish - Long TermHi Folks, Currently, stock seems to be completing 4 wave of ongoing larger 3 wave. Falling wedge has been broken and RSI breakout is evident too. Targets for 5 wave up are marked on chart. Huge tailwinds in consumer durable can propel this to new highs.Longby KunalSaxena10Updated 224
DeltaCorp BullishRisk Reward favourable Mid term pick it formed a Bullish Harmonic Pattern along with Supply Demand suggesting taken support at Demand Zone will bounce upside from here.. Just a view not a Reco...Longby gttsudhakarUpdated 6
Dwarkesh - Long Term - Bullish - Huge Upside PotentialHi Folks, Dwarkesh has closed above 30 WEMA in current weekly closing. Recent volume surge in sugar sector indicates smart money doing accumulation. Soft commodities are in major bull cycle; sugar, tea, paper all sectors giving bullish breakouts. Analysis 1. Current weekly closing above 30 WEMA with a strong candle. 2. RSI breakout on weekly charts. 3. On daily tf, falling wedge breakout. 4.Confirmations marked in order of importance - > 30 WEMA, RSI breakout, volume surge. 5. On long term 0-B trendline marks the overall trend reversal and major confirmation. 6. Targets marked with fib projection. Not any trade recommendation. Please do your own due diligence. Only for tutorial purposes. Longby KunalSaxena10Updated 6