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...
📊 DETAILS
Sector: Electric Equipment
Mkt Cap: 19,792 cr
Hitachi Energy India Ltd (formerly known as ABB Power Products and Systems India Ltd.) was created in 2019 as a Joint Venture between Hitachi and ABB's Power Grids. The company serves utility and industry customers, with a complete range of engineering, products, solutions, and services in areas of...
After a base breakout of 66Weeks it again went into a consolidation of 7 weeks thereafter breaking out.
Still up week volumes are decent and down week volumes are pretty low. |
Disclaimer: Already entered at ~4400 levels and my risk is defined. SL is placed below the swing low. Target as per the trend based fib. 6740. I shall exit based on the price action...
Hey Family, there is a one more stock Which is showing a great opportunity and formed a wedge pattern, Stock break's resistance zone and retest resistance zone, let's see breakout sustain or not and continuation of wedge pattern. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for...
BO TRADE
POWERINDIA
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Looks Good ABOVE 7293
SL 6801
Targets 7510-7727-7943-8160-8593-8808
Hold few months
Please consult your financial advisor before investing
All research for educational purposes only.
Reversal from bottom, RSI is shifting in upper direction. Stock is ready to cross past barriers with good volumes.
#POWERINDIA trading above Resistance of 6120
Next Resistance is at 9481
Support is at 3861
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
#POWERINDIA trading above Resistance of 4926.65
Next Resistance is at 6120
Support is at 3323
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Key levels:
Support:4650
Resistance:4800 4850
Description:
Technicals:
The stock exhibits a historical support level at 4650, indicating a point where buying interest has traditionally emerged.
Notably, the stock has been consolidating, suggesting a period of price stability. This consolidation phase may set the stage for a potential breakout.
Resistance...
POWERINDIA LOOKING GOOD FOR SWING :-
Volatility:
ATR% of the stock is 3.77%
Volatility is high.
Moving Average Observations:
Price above 50-day, 100-day and 200-day Moving average.
Moving average alignment is bullish. It is an uptrend & a bullish setup.
RSI Observations:
The Daily RSI indicator has remained above 50. This is a bullish zone. Current Daily RSI...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
The stock recently experienced a significant breakout in the form of a flag pattern on the monthly chart. Additionally, a double bottom breakout occurred on the weekly chart, with subsequent retests confirming the breakout levels. The combination of these breakouts and successful retests suggests substantial upside potential for the stock. Traders and investors...
BUY - HITACHI ENERGY LTD
CMP - Rs. 4448
Target - 1: Rs. 5721
Target - 2: Rs. 6938
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Timeframe - 9-15 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Hitachi Energy India - Date - 01 July 2023 - Weekly Charts - Technical Only
Pattern - Bullish Flag Pole & Darvas Box , Inside Bar
Breakout above 4250 - 4300 with strong volumes can take it 4600 , 5075 , 5550 , 5850 , 6500 <<
All Capital Market Standard Disclaimers Apply
Hitachi Energy India Ltd is an India-based power technology company, which is engaged in the business of power technologies and provides a range of grid portfolios across the entire value chain. As Summers are approaching , the stock has started showing off its mood. We have seen a breakout at triangle formation. Entry to be taken only after Re-testing of the...
#POWERINDIA back at 1 yr support level 2850-2900 levels.
After 8 weeks of consecutive downtrend, the stock has taken support for last 2 weeks.
if stock manages to trade Above 3036, stock will attempt to retest 3400 on #candleshunting in weekly charts
This 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. ...
