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Equinox India - Finally got the NCLAT judgementAs previously shared this co..the NCLAT finally came in its favour.. The co is also declaring results extremely early..they usually never do that.. Long at current price and add more above 156 when a bigger breakout happens... if the stock heads towards the upper part of the channel it'll be at 200++. the 200monthly EMA is around 136 which could now act as a strong support and buying around that price on any bounces might be worth it too.. As long as the price stays above that it seems bullish..>!
NSE:EMBDLLong
by rdkriplani
Oil India Bullish Breakout with Strong Technical and FundamentalHello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought the daily chart of Oil India Ltd, which looks very promising with a solid mix of technical and fundamental strength. Let me break it down for you guy's: Technical Analysis Trendline Analysis: The stock has been respecting a long-term upward support trendline, bouncing off it multiple times (marked with green circles). This shows strong buyer interest and confidence, especially from institutional players. The recent breakout from the falling resistance trendline is a game-changer, signaling the start of a bullish phase. Breakout Confirmation: What makes this breakout special is the retest near the best entry zone (₹492–480), which adds reliability to the move. The bullish candlestick pattern near the support further strengthens this setup. Volume Analysis: Volume is the backbone of every breakout, and here it hasn’t disappointed. A significant volume spike during the breakout shows strong buying interest. Historical volume patterns also show increased activity near critical levels, indicating accumulation by smart money. Key Levels: Immediate Support: ₹438 Immediate Resistance: ₹533 Targets: 1st Target: ₹533 2nd Target: ₹587 3rd Target: ₹630 Long-Term Target: ₹911 Stop Loss: Short-term: ₹438 Long-term: ₹362 Indicators: RSI: Recovering beautifully from oversold levels and showing bullish divergence—this is a good sign of momentum shifting upward. MACD: Crossed above the signal line, further confirming the bullish momentum. Moving Averages: The stock has climbed above key short-term EMAs (e.g., 21-day), giving more confidence in the uptrend continuation( Note:- I have not placed any 21 day ema line to keep chart clean, but i have done analysis for this . ) Fundamental Analysis Industry Overview: The energy sector is buzzing, with rising energy demand and stable crude oil prices driving growth. Oil India, being a leading exploration and production player, is well-positioned to ride this wave. Revenue & Profitability: The company has shown strong revenue growth, benefiting from the favorable pricing environment. Their solid net profit margins highlight operational efficiency, which is always a big plus. Dividend Yield: Oil India is known for consistently rewarding its investors with a great dividend yield, making it a go-to stock for long-term portfolios. Debt Levels: A healthy balance sheet with manageable debt is another feather in their cap, ensuring they can weather market volatility. Future Prospects: With expansion in exploration projects and increased production capacity, Oil India is set up for solid growth. Government policies supporting domestic energy production act as an added tailwind for the company. Oil India Ltd is shaping up to be a great opportunity for both short-term traders and long-term investors: Technically, the breakout from the falling resistance trendline, supported by volume and strong indicators, sets the stage for further upside. Fundamentally, the company’s financial health, growth prospects, and attractive dividend yield make it a solid long-term bet. If the stock sustains above ₹533, we could see strong momentum toward higher targets. For long-term investors, any dips toward the ₹480–492 range may be a good chance to accumulate. Disclaimer: This post is for educational purposes and not financial advice. Always do your research and manage your risk. Don’t forget to like and follow for more trading ideas like this. Check out my profile @TraderRahulPal for other detailed insights into technical and fundamental setups. Let’s grow together!
NSE:OILLong
by TraderRahulPal
2
Swing Trading Idea for NSE:SAHGartley Harmonic Pattern Suggests a Potential Reversal On the daily timeframe, NSE:SAH has formed a Gartley Harmonic Pattern , indicating a possible bullish swing setup. Here’s the detailed breakdown: Pattern Details: Entry Zone: Around ₹89. Stop Loss (SL): ₹79 (below the pattern's invalidation zone). Target Levels: Target 1: ₹97 Target 2: ₹106 Target 3: ₹120 Relative Strength Indicator Signals: 123-Period RSI: Recently crossed above 0, suggesting a potential reversal after a prolonged downtrend. 55-Period RSI: About to cross above 0, which could strengthen bullish momentum. Key Support Zone: Price is holding firmly above the critical support level at ₹85.47, further confirming a strong base for the upward move. Company Overview: Incorporated in 1992, Sah Polymers Ltd specializes in the manufacturing and marketing of Flexible Intermediate Bulk Containers (FIBC) and other flexible packaging products. Recognized as a Star Export House by the Government of India, the company has a market capitalization of approximately ₹224 crore and a current stock price around ₹87. However, it's noteworthy that the company has reported a low return on equity of 4.85% over the past three years, and debtor days have increased from 60.1 to 74.8 days, indicating potential challenges in receivables management. SCREENER Trade Plan: Entering near ₹89 with a strict stop loss at ₹79 and partial profit booking at ₹97, ₹106, and ₹120 seems to be the idea. Disclaimer: This analysis is for informational and educational purposes only, purely based on Harmonic Patterns and does not constitute any types of investment advice. Trading stocks and other financial instruments involves 100% risk and can result in financial loss. Past performance is not indicative of future results. Always conduct your own research or consult with a professional financial advisor before making any investment decisions.
NSE:SAHLong
by profitpulsepro
Shaktipump. Breakout and Retest done. Watch for follow through.Breakout Alert: Price breaking out of a long consolidation range and retested.. Current Price: ₹1015.45, showing strong momentum. SL at ₹828.10. Moving Averages: 30 SMA at ₹836.48 (acting as dynamic support). 200 SMA far below, indicating a long-term bullish trend. Volume Surge: Bullish breakout confirmed with higher volumes. Trend Outlook: Potential upside as breakout gains strength; watch for follow-through and plan the trade. The market is still weak so be cautious and position size accordingly.
NSE:SHAKTIPUMPLong
by sagartharayil
Unveiling the Power of Volume Profile: A Trader's PerspectiveI've always held that Volume Profile deserves the crown as the king of trading tools. Unlike other indicators, it uniquely reveals the true value of an asset by showcasing where the majority of trading activity occurred. Let's dissect this with HDFC Bank as our example. This behemoth boasts a massive free float of 7.52 billion shares, solidifying its heavyweight status in the Nifty. However, the real story lies within this vast pool. Historical data consistently demonstrates that only 10-30% of free float shares actually participate in daily trading. For HDFC Bank, that translates to a maximum of 2.5 billion shares actively available for trading. Now, let's delve deeper. Decoding Value Areas: 1700-1800 Value Area: A staggering 1 billion shares traded within this range, representing a significant 15% of the total free float. This zone screams "value" as it attracted massive participation. 1610-1650 Value Area: This zone witnessed a total of 1.5 billion shares traded. These observations unveil the peak free float capitalization. In simpler terms, this is where the most substantial trading activity occurred, establishing a strong support base. I'd pinpoint the support zone within this range, specifically between 1630 and 1650. Trading Opportunities: Armed with this analysis, a prudent trader can confidently initiate BUY positions in HDFC Bank within the 1630-1650 support zone. Targeting a 200 Rs/share profit becomes a realistic goal. Disclaimer: This analysis is purely for educational purposes and should not be considered financial advice.
NSE:HDFCBANKLong
by Tradepro_MoneyFlow
Axis Bank Downward Trend is not overAxis Bank has formed a flat correction ABC, currently we are in the last leg of the correction, where wave C is a triangle. we still have wave Z of the triangle to be complete, which I believe will be around 1000 little less. Once the triangle is over we will get a very sharp and big move in upward direction the reward which you will remember for the months to come. PS: Someone please remind me around 4th or 5th of Feb about Axis Bank. Let us all benefit from the upcoming trend once the triangle is completed. Disclaimer: This is for educational purpose only. I am not SEBI registered Member.
NSE:AXISBANK
by swapsachin
Anant Raj Breaking Key Levels after Giving Box Breakout.NSE:ANANTRAJ today gave a good close above key levels after giving a box breakout previously With Good Volumes and Price Action. Now Looking Good for a Swing Upto 950 and 1000 Positionally. 📌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:ANANTRAJLong
by Karanshah137
MegaSoft On the verge of a breakout!#Megasoft. ⚠️Risky bet Technical. - Trying to break out of a prolonged consolidation. -Closed right below a previous resistance. -The past few trading sessions price has been moving up with increased volume forming bullish candles. 🟢Entry Above-108. 🟢SL- Short term- 96- closing basis. 🟢SL-Positional,- 83, is very deep so trade very light. 🟢Target 1(Positional)- 138 🟢Target 2(Positional)- 185 Fundamentally Very Weak. Extreme caution should be exercised. The recent diversification might help them improve the fundamentals and it might be reflecting on the chart. Brief about the Company. Megasoft Limited, established in 1994 and headquartered in Hyderabad, India, operates primarily in the IT consulting and outsourcing industry. The company has recently diversified into sectors such as pharmaceuticals, defence, and manufacturing. Corporate Restructuring: Megasoft has redefined its business focus to include pharmaceuticals, defence, and manufacturing, indicating a strategic shift towards these sectors. Open Offer: Sri Power Generation (India) Private Limited made an open offer to acquire equity shares of Megasoft, signaling potential changes in the ownership structure. Megasoft Limited is undergoing a strategic transformation by diversifying into new sectors. While the company has reported an increase in net profit and EPS, challenges remain, as indicated by certain financial ratios. Investors should monitor the company's restructuring efforts and their impact on financial performance in the coming years. #TradingSignals #stocktobuy
NSE:MEGASOFTLong
by sagartharayil
ABC Correction1]Second wave retracing to the 0.68% Fibonacci level. In Elliot Wave Theory, the second wave is typically a corrective wave that retraces a significant portion of the first impulse wave. The 0.618 (61.8%) level is particularly significant, indicating a strong potential support or resistance zone & suggesting it’s near completion. 2]Completed ABC Correction: This is a common Elliott Wave pattern, representing a three-wave corrective structure labeled as ABC. It implies that the correction has potentially concluded, paving the way for the next impulse wave. 3]Mother Candle/Inside Bar is formation: Breakout from the range defined by the mother candle as an entry point.
NSE:IEXLong
by Bharatk4u
1
Technical trading Technical traders analyze price charts to attempt to predict price movement. The two primary variables for technical analysis are the time frames considered and the particular technical indicators that a trader chooses to utilize. ​Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
NSE:KOTAKBANKEducation
by SkyTradingZone
3
how to be professional traderEducation: Begin with a solid foundation in finance, economics, or a related field. Many traders benefit from a formal university degree, which helps them understand complex financial concepts and market dynamics. Understand Market Fundamentals: Knowledge of fundamental analysis is crucial. While some traders have been successful in becoming millionaires through scalping trading, many others have lost money and blown up their trading accounts. It is important to note that trading carries significant risks, and traders should only trade with money they can afford to lose.
NSE:ICICIBANKEducation
by SkyTradingZone
3