AIAENG for Swing tradeStock looks good at the support levels. Good volume and price action for swing.
AIAENG trade ideas
AIAENGAIAENG:- Rounding bottom pattern has formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
AIA ENGINEERING :MY STOCK FOR THIS WEEKAIA Engineering, a certified ISO 9001 company, specializes in the design, development, manufacture, installation and servicing of high chromium wear, corrosion and abrasion resistant castings used in the cement, mining and thermal power generation industries.
Market Cap of Rs. 26,257 Cr and low PE of 26.73 against Industry PE 35.88 . With a consolidated net Profit rise of 155.11% in Dec 2022 , the stock is determined to make an all time high. Fundamentals are strong, so are the Technical Indicators as mentioned in the chart. The Stock is in range for last 14 days and can break out any time to touch its first target of 3334.90. Afterwards we can trail the stop loss as the stock is going to make an all time high. Aggressive traders may enter the trade with SL as 2667 , conservative may wait for the breakout(finger Crossed) .
Boost My Idea if you agree with me , Good Luck friends!!!
AIA Engineering - SIP STOCKLong term Trend is bullish. Can be accumulated in current price correction in Stock SIP mode. MNC Stock.
AIAENG: Ready for ATH breakoutCMP: 2679
- Moved around 40% since the base breakout in May
- Traded above 21 EMA during all this time
AIA ENGINEERING LTD GOOD FOR SWING AIA ENGINEERING LTD GOOD FOR SWING TRADING
ASCENDING TRIANGLE BREAKOUT
C.P.M 2715
stop loss 2600
1st target 2850
2nd target 2986
4 Years #Multiyear #Breakout in #AIAENG4 Years #Multiyear #Breakout in #AIAENG (AIA Engineering Ltd). #AIAENG is #Outperformed #Nifty in current scenario.
BSE: 532683 / NSE : AIAENG
In the context of technical analysis, a channel occurs when the price of an asset is moving between two parallel trendlines. The upper trendline connects the swing highs in price, while the lower trendline connects the swing lows. The channel can slant upward, downward, or sideways on the chart.
Types of Channels
A channel consists of at least four contact points because we need at least two lows to connect to each other and two highs to connect to each other. Generally speaking, there are three types:-
1. Channels that are angled up are called ascending channels.
2.Channels that are angled down are descending channels. Ascending and descending channels are also called trend channels because the price is moving more dominantly in one direction.
3.Channels in which the trendlines are horizontal are called horizontal channels, trading ranges, or rectangles.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
SUPPORT AND RESISTANCEStock breaks all time high and made deep retest and gain form pattern and also its taking trend line support and previous resistance support if stock breaks it than we can look for long
AIA Engineering | BreakoutAIA Engineering Trend line breakout with huge volume
Buy above :-2277
Stop Loss:-2050
Target:-2800
Let us see what is what is going to happen
Buy Today, Sell Tomorrow: AIAENGDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
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 AIAENG
Buy Today, Sell Tomorrow: AIAENG
AIAENG - READY TO TAKE THE LEAPAIAENG Buy above 1165
FOR INTRADAY keep trailing on low of 5 min candle
FOLLOW RISK MANAGEMENT
FOR EDUCATIONAL PURPOSE, CONTACT YOUR FINANCIAL ADVISOR BEFORE TAKING TRADES.
Double topDouble top pattern form on AIAENG on 1 Day time frame, CMP 1943.40, if it breaks Target 1800
AIA ENG SWINGAIA ENG for swing trading. Buy near 1963 - 1990 for 2 weeks. Stop loss near 1950. Risky.
AIA ENG AIA ENG
Closed above 200 EMA
Good buying can be seen in coming days.
BUY : 1890 - 1950
T1 - 2140 (9%)
T2 - 2222
SL : 1815
TIME FRAME : 2 WEEKS
NOTE: Results on 30 oct 2021 so stock can be volatile.
AIAENG- In coming few days we can see some downfallAdd near 1860-1880 for short term target 1980-2040 buy keeping SL @ 1840.
For long-term, keep on accumulating @ 1830, 1785, 1705 for target @ 2800 and SL @ 1560 on closing basis.
*Only for education
Channel PatternGood Delivery %, Stock at strong support
Entry- CMP
T1- 2222
SL- 1787
🔰
➼I do only Swing trade
➼I Trade only when RR is in my favour
➼Please correct if I am wrong
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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AIAENGStock is at support, selling pressure is already realized, it'll show a good move in within a month.
AIA ENGINEERINGAIA ENG making inverted head and shoulder pattern.
KEY TAKEAWAYS
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
An inverse head and shoulders pattern, upon completion, signals a bull market
Investors typically enter into a long position when the price rises above the resistance of the neckline.
AIAENG - Breakout PossibleThe stock is on the cusp of the breakout of its resistance. It tried to breakout but was unsuccessful on Friday, 3rd September.
There has been in increase in volumes in the past few days, and the RSI indicator is bullish, suggesting a possibility of breakout soon.
Initiate the trade ONLY if the stock is sustaining levels above 2100, for the targets stated in the chart.
The stop loss can be maintained at 1996, or you can refer the fibonacci retracement levels given in the chart and place a stop loss basis your own risk profile.
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