ICRA VCP BO in DTF with VolumeStock consolidated for over 1 year
DTF formed a VCP BO with Volume
Volume dry up before BO
MACD bounce
volume build up can be seen
RS Line was making 52WL area of concern
ICRA trade ideas
ICRA- 8 ka funda + w ema + M ema + 100>200ICRA- 8 ka funda + w ema + M ema + 100>200
1) Consolidation
2) Stage 2 breakout possible
3) Trendline
"ICRA: Riding the Uptrend with Confidence"Description:
📈 ICRA: Seize the Uptrend Opportunity! 🚀
Get ready to capitalize on a promising uptrending stock - ICRA! Here's why this opportunity deserves your attention:
Key Points:
📊 Up-Trending Stock: ICRA has been on a consistent uptrend, indicating strong market sentiment in its favor.
📈 Positive Relative Strength (RS): The stock exhibits positive Relative Strength (RS), showcasing its ability to outperform the broader market.
📉 Correction from Highs: After reaching higher levels, ICRA has experienced a healthy correction, potentially setting the stage for the next leg up.
📊 Trading on Support: ICRA is currently trading on a reliable support level, providing a strong foundation for potential price appreciation.
🔙 Bouncing Back from Support Line: The stock is showing signs of bouncing back from the support line, a bullish indicator.
📉 Cooled-Down RSI: The Relative Strength Index (RSI) has cooled down, suggesting a potential entry point as the stock regains momentum.
💰 Accumulate or Trade: It's a good time to consider accumulating or trading ICRA, with the potential for both short-term and long-term gains.
📈 Hold for the Long Run: If possible, consider holding ICRA until a major breakdown occurs, taking advantage of its strong uptrend.
💰 Favorable Risk to Reward: This trade offers an enticing risk-to-reward ratio, allowing you to aim for higher rewards while managing risk effectively.
📈 Entry Price (in Rupees): Consider entering the trade at Rs 5760. This entry point positions you well for potential gains as ICRA continues its uptrend.
❌ Stop Loss (in Rupees): Safeguard your investment with a stop loss at Rs 5348. This level acts as a safety net in case the trade doesn't go as planned.
🎯 Target Price (in Rupees): Our target is set at Rs 7000, representing a substantial potential upside. This is where you may consider taking profits.
📈 Risk-Reward Ratio: With an entry at Rs 5760 and a stop loss at Rs 5348, the risk-to-reward ratio for this trade is approximately 1:1.63. For every unit of risk, there's a potential reward of 1.63 units.
🚀 Trade Strategy: Stay confident as ICRA continues its uptrend. Monitor the stock closely and adjust your stop loss to secure your gains as it progresses.
This trade idea offers a comprehensive plan, complete with a calculated risk-to-reward assessment. Ride the ICRA uptrend with confidence and seize the opportunity for potential gains. Happy trading!
(Note: Always conduct your own research and assess your risk tolerance before executing any trade. Trading involves risks, and past performance is not indicative of future results.) 📊💼🧐
8 Years of MultiYear Consolidation & Breakout at ICRA8 Years of #MultiYear #Consolidation & #Breakout at #ICRA (ICRA Ltd) Weekly Chart. It #outperformed the #Nifty.
BSE: 532835
NSE : ICRA
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.
ICRA| Good for Long NSE:ICRA
Cmp : 4817
Entry : Cmp or near 4750
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
ICRA (M) near major breakoutNSE:ICRA BSE:ICRA
Time Frame – Monthly
Observations :-
* Trading near 52 weeks high
* It may form HNS pattern before major breakout
* Trendline Breakout and major Breakout above 4550 only (Weekly or Monthly closing IMP)
* ATH breakout above 4998.90
Resistance – 4998.90 / 5715 / 6480
Support – 3650 & 3350
DISCLAIMER : NCFM Certified Technical Analyst. 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.
Buy Today, Sell Tomorrow: ICRADON'T HAVE TIME TO MANAGE YOUR TRADES? |
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using 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
Ascending Triangle Pattern Breakout in ICRA
Buy Today, Sell Tomorrow: ICRA
ICRA LTD Target 4236ICRA LTD long consolidation breakout chance. Weekly closing is good. Closing with strong resistance line act as now support. Target 4236
icra good to accumulate tgt 4100expected by end of first week in october
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
ICRA - Trendline & RectangleRectangle forming on Daily Chart of ICRA. BUY 3531 -> 3630, 3730-40, 3800, 3870, 4000. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Breakout in ICRA...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
good for accumulation if comes to 3000 good to take againcan take at current price
and can consider 3000 as second dip
good to accumulate this is for long term can exit at 3600-4000
currently we can see trend is side ways so can follow connors rsi crossover also
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
ICRA LIMITED MEDIUM TERMCAME TO RADAR BECOZ PARAG PARIKH FLEXI CAP FUND BOUGHT IT..
I BOUGHT IT NEXT DAY WHEN IT BROKE CORONA LEVEL AT 3050.. TARGETS CAN BE BIGGER THAN ADVISED
[Positional] Buy ICRA Ltd.Two Week with good volumes so
Buy at CMP
Target -4520-4900
Weak below 2400
