Get started
Affle India for 60%+ gainsDate: 6 Nov’24 Symbol: AFFLE Timeframe: Weekly Affle India seems to be in Wave V of 3 which may end around 1850. And after correction in Wave IV, the price is likely to head to 2450 (60%+ from where Wave IV ends) as seen in the chart. Once the prices go past 2000, five waves of Wave 5 will be more visible. Wave 5 could even extend and head towards 2800+; will review this as waves develop. This is not a trade recommendation. Please do your own analysis. And I have the right to be wrong. HINGLISH VERSION Aisa chart dekhke lagta hai ki Affle India 3 ki Wave V mein hai jo 1850 ke aaspaas samaapt ho sakti hai. Aur Wave IV mein giraavat ke baad, keemat 2450 (60%+ jahaan Wave IV samaapt hotee hai) tak pahunchane kee sambhaavana hai. Ek baar jab keematen 2000 ke paar chalee jaengee, to Wave 5 kee paanch waves adhik dikhaee dengee. Wave 5 extend bhi ho sakta hai aur 2800+ kee taraf badh sakta hai; wave vikasit hone par isakee sameeksha karenge. Yah koee trade lene ki salah nahin hai. Kripya apana vishleshan khud karein. Aur mujhe galat hone ka adhikaar hai.
NSE:AFFLELong
by DhandhaPaani
Falling Wedge Breakout With Good VolumesNSE:DEEPAKFERT today broke a Major Falling Wedge Pattern from a Crucial Previous Support Zone with a Good Amount of Volumes. Trade Plan: Entry: If it closes above Swing High or Retest the Support. Stop Loss: Entry Candle Low. No Trade: if goes Below 942 (Support Levels) 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌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 gets 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:DEEPAKFERTLong
by Karanshah137
Breaking Out of Falling Wedge and Symmetrical TriangleNSE:SYRMA is breaking out of Falling Wedge and Symmetrical Triangle Breakout on Weekly TF. With 2nd Best Weekly Volumes. NSE:SYRMA is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS). The company provides integrated services and solutions to original equipment manufacturers (OEMs) from the initial product concept stage to volume production through concept co-creation and product realization. Recently it posted good Q2 FY 24-25 Results, posting a 30% Y/Y rise in Q2 consol profit after tax. The auto and healthcare businesses led growth in Q2 and will drive future growth further ahead. Also, expect a recovery in margins fuelled by higher exports and design and manufacturing businesses. NSE:SYRMA faces margin challenges as the consumer segment, which comprises 35%—38% of topline, operates with lower margins, and they are aiming to lower the segment's share further. One can wait for a retracement or ride the momentum with the current week candle as stop loss. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📌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:SYRMALong
by Karanshah137
Exicom Tele-SystemsDouble-Bottom Breakout with Bullish TechnicalExicom Tele-Systems Ltd. is showing strong technical signs of an upward movement, supported by both chart patterns and technical indicators. Here’s a detailed breakdown of the analysis: Current Market Price (CMP): ₹356.30 (as of 6 Nov 2024). Chart Pattern: The stock recently confirmed a double-bottom breakout on the daily timeframe, a classic bullish reversal pattern. This breakout indicates potential upward momentum as buyers continue to accumulate near support levels. Technical Indicators: RSI Bullish Divergence: A positive RSI divergence on the daily timeframe suggests strengthening momentum as the RSI has turned upwards, signaling increased buying interest. Moving Averages: The stock has closed above three key moving averages, adding further confirmation of bullish sentiment. Shareholding Insights: Promoter holding remains strong at 69.6%, while institutional holdings have decreased to 7.43%, as both FII and DII reduced their positions. This may indicate some caution among institutional investors but is balanced by steady promoter confidence. News and Catalysts: The Board of Directors will review and potentially approve the unaudited financial results for Q2 and the half-year on 13 November 2024. This upcoming announcement could serve as a key catalyst, either strengthening the current uptrend or bringing volatility. Financial Health: Exicom has shown a positive trend in net profit, adding support to the potential for continued growth in value. Expected Price Movement and Targets: Primary Resistance Target: ₹389 Secondary Target: ₹425 Timeframe: Estimated at 1-3 months based on the daily timeframe analysis. Summary: Exicom Tele-Systems Ltd. exhibits a bullish technical setup, with a confirmed double-bottom breakout, favorable RSI divergence, and strong moving average support. With upcoming financial announcements as a potential catalyst, the stock appears poised to test the ₹389 resistance level, with further potential to reach ₹425 over the next 1-3 months. Disclaimer: This analysis is for educational purposes only. Please conduct your own research or consult a financial advisor before making any investment decisions.
NSE:EXICOM
by ImranulHaqueNoor
Divi's Lab: Potential Upswing as VCP Pattern Nears Breakout withStock: Divi's Laboratories Ltd. (DIVISLAB) Analysis: Divi's Lab recently experienced a breakout with strong volume, signaling solid buying interest. Since then, the stock has seen some corrective movement, presenting a potential opportunity. The current pattern resembles a Volatility Contraction Pattern (VCP), where price consolidates in narrowing ranges, often a setup for a continuation in the direction of the previous breakout. If this contraction phase concludes with another breakout on increased volume, it could indicate a fresh upswing and a strong bullish trend resumption. Technical Setup: Pattern: Volatility Contraction Pattern (VCP) Key Signal: Volume spike during breakout Expected Move: Upside continuation if breakout confirms with volume Trade Plan: Entry: On breakout above current resistance, ideally with a high volume candle Target: Initial target based on previous resistance levels or recent highs Stop Loss: Below the consolidation range
NSE:DIVISLAB
by ImranulHaqueNoor
1
Will HDFC ever succeed in a breakout?Underperforming since 2021. Trying to break out of the consolidation, several attempts were made and failed. Will it succeed this time?? ✅Forming inverted Head and Shoulder pattern in DTF ✅Consolidating in a tight range right above 50 DMA. ✅Trading right below ATH. ✅Consolidating with narrow-range candles. ✅Bullish engulfing on 5 Nov. ❗️Underperformer. ❗️Risk of fakeouts. ▶️Market Cap---₹ 13,41,213 Cr. ▶️Current Price---₹ 1,755 ▶️Stock P/E19.4 ▶️ROCE7.67 % ▶️ROE17.1 % Watch for a breakout above 1795 for an Entry. Low risk setup. Risk is in the range of 6-8%. Please study the chart and do your research. This is not a buy/sell recommendation.
NSE:HDFCBANKLong
by sagartharayil
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. Trendline Breakout in DEEPINDS BUY TODAY SELL TOMORROW for 5%
NSE:DEEPINDS
by Kapil-Mittal
3