Edelweiss Financial: Trading near 4 years range breakout Edelweiss financial is looking good on weekly time frame. Stock is trading near 4 year range breakout level. Keep on radar.
EDELWEISS trade ideas
EDELWEISS Swing TradeEDELWEISS
Buy : 54
Target : 59.4
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
LONG TERM TRADEA Breakout Soon Candidate Named Edelweiss With Weekly Breakout Above 55 Level may move it's Price upto 75-120 Level With Stoploss @ 43 On Weekly Closing Basis. Watch it further.
I'm Not a Sebi Registered Advisor.It's Only For Educational Purposes.Thanks.
EDELWEISS FIN SERVICES - 120% RETURNS!!BUY - EDELWEISS FINANCIAL SERVICES
CMP -Rs. 67
Target - 1: Rs. 96
Target - 2: Rs. 124
Target - 3: Rs. 150
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Technicals - Bullish Triangle
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This is just a view by an expert analyst, please invest at your own risk.
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EDELWEIS Weekly Consolidationvolumes increased on weekly chart. and breakout above upper boundary will bring rally in this counter. monthly chart look more interesting. it is consolidating for a longterm, breakout on monthly chart will take it to stage-2 rally.
Edelweiss looking greatEdelweiss buy cmp 67 tgt 100 sl 50 broking house will make good profit if market in bull phase as we all knw it’s a well known brand
EDELWEISS Wait for weekly breakout and take the trade.
Ps: Do your own research
Drop in your doubts in comments section
Thank you
Demo buy Tradeprice at major support
Price looks over extended on the down side
Expecting a little retracement Or it might give a reversal too
Today's daily candle open= low as of now..
SL below day low
buy edelweiss finance for tgt 100Edelweiss Financial Services Limited is a diversified financial services company based in Mumbai, India. It was founded in 1995 by Rashesh Shah and Venkat Ramaswamy and offers a wide range of financial products and services including investment banking, asset management, wealth management, insurance, and credit.
Edelweiss Finance is a leading player in the Indian financial services industry and has a strong presence in both institutional and retail businesses. Its investment banking division offers services such as mergers and acquisitions, equity and debt capital markets, project finance, and structured finance, among others. Its asset management division offers a range of mutual funds and portfolio management services to its clients.
Edelweiss Finance has also ventured into the digital lending space, offering a range of retail credit products such as personal loans, home loans, and loans against securities, among others. It has a strong distribution network and operates through a network of branches, offices, and online platforms, serving customers across India.
Edelweiss Weekly Chart: - Inverse Head and Shoulders Breakout #Edelweiss (Edelweiss Financial Services Ltd.) Weekly Chart: Inverse Head and Shoulders #Breakout . Since October 18, 2021, Edelweiss has underperformed the #Nifty but outperformed its sector peers. Soon it's going to outperform Nifty also.
What Is the Inverse Head and Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends.
This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #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.
► ADVANCE PATTERN #26: EDELWEISS ◄► ADVANCE PATTERN #26: EDELWEISS ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly ❤ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and announcement 📣 regarding stock analysis.
▣ Key Highlights:
➟ Timeframe Weekly Ⓓ
➟ EMA 150
➟ Trend line ⍩
➟ Triangle Pattern ►
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 73
SL: ✘ 68
Target: ➚ 85/100
RR: ☈ 1:5.4
Return: 38%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Edelweiss -> Waiting for Breakout ?Edelweiss -> Waiting for Breakout ?
Since the beginning of November, the stock has gained 24%. It is currently forming an Ascending Triangle Pattern. Based on the pattern scenario, we can expect the price to fall to the 62-60 level before continuing to rise.
Currently price in the range of 67 Rs,If the pattern continues on the higher side, the price may rise to the next resistance level of 94 Rs, and if the pattern continues on the lower side, the price may fall to 49 Rs.
Only if the 49 Level is broken can the trend be reversed. Otherwise Accumulate each dip
Target has been decided based on Demand Zone
Happy Trading
Edelweiss Swing Trade (1:2)There's some interesting price action happening in Edelweiss Fin After a strong base formation it gave a Breakout with good volumes expansion. It retested thrice on the same support of 51 giving the stock a strong bounce every time. After it broke out it halted and started going for a pullback and that too with dull and weak sellers' interest and this low volume pullback suggests a good retest and if you are having a low risk appetite then prefer going in after it shows a sign of reversal like a hammer to make sure it respects the support zone around 65 and if it somehow goes below. I have kept a logical stop loss below 59-60 where lies another resistance turned support! Below it the structure fails and an exit should be made. Position size according to risk appetite and use strict exit rules, I would prefer a close below 58 to trigger my SL as a wick is frustrating but at that time will update here in comments if the price approaches that zone.
If we talk about targets we have the next resistance 20% from here I.E. at 77. so we get 1:2 if it hits our target.
To add more conviction I have added the volume POC that suggests the highest traded zone and it lies around the second support zone of 60.5. Another strategy can also be used to scale is by adding half @ CMP & half @ 60.5
THIS IS NOT A FINANCIAL ADVISE & KINDLY DO YOUR OWN ANALYSIS/RESEARCH..
Thanks for reading!
Channel BreakoutToday I picked Edelwiss because, it broken trendline resistance on closing basis. The following factors are considered by me for picking this.
1. High Volumes at breakout.
2. Wedge Chart pattern breakout
For BTST trades Keep profit as 2% - 3%
Keep SL and Target profits mentioned on the chart for short term swing trades.
Please consider these for educational purposes
YR 2022 Idea #139: Long on EDELWEISSThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Edelweiss - LongBuy at CMP - 89.60
SL - 84
Targets - 95, 100, 105, 115
Note - This is not a recommendation, do your own research. This is just my view.
Edelweiss finserv HarmonicsEdelweiss has a good opportunity for short to midterm swing. Targets and stop loss is mentioned in the chart.
Edelweiss ,Trendline + resistance Breakout with good volume.breakout with good volume, gives a double confirmation as it broke both trendline and resistance. Trail first target to 59.10 and if breaks go for 1:3 tgt at around 64.95.
Buy Today, Sell Tomorrow: EDELWEISSDON'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 EDELWEISS
Buy Today, Sell Tomorrow: EDELWEISS
