SFL trade ideas
Sheela foam trend changeSheela foam trend change from here. Sl below the trend line.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
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Investment Idea for Long term InvestorsTrade idea for Long term Investors
High Reward Trade for High Risk Investors
Success rate 80% - 90%
"Realize Full Potential of a Stock by having Patience"
"Stock Market is more about What can happen rather-than what will Happen"
In Markets there is no 100% Guarantee but one can invest in High Probability Stocks
ALWAYS KEEP IN MIND
Rule 1 : Respect Target & Stop-loss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis
Rule 4 : Never do averaging if trade moves against your direction
Sheela foam -- 40%Sheela Foam Limited is a leading player in India’s mattress and foam products industry and a leader in Polyurethane (PU) Foam. It has a nationwide presence in manufacturing PU Foam with a track record, since 1971.
LongThis stock are recently on buying zone
Stock hve more potential to big upmove..
Only for education purpose...
SFL - Weekly AnalysisIn the Weekly Chart of SFL ,
we can see that, it has created a Halt candle at very bottom.
we have a opportunity to buy at bottom with RSI less than 30.
Enter on breaking its High with Low as SL.
SFL - Weekly AnalysisIn the Weekly Chart of SFL ,
we can see that, it has created a Hammer candle.
Enter on breaking its High with Low as SL.
Sheela Foam has tight range breakout possibleInvest for long term at Current Market Price,
Target : OPEN.
Stop Loss : 1110 on 1 day close base,
Risk is yours and Reward is too yours totally
SFL 8 Day + Hourly + FUnda8 Day + Hourly Just above 300 ema apna, testing- Balaji (SUPER No Change Required + EMA )
1) Sheela foam is Consolidating for long
2) May give new highs soon
3) Wait for Breakout
4) Volume seems supporting
5) Change in trendline Angle Noticed
# follow, Upvote for more...comment for query
Sheela Foam seems to have a promising uptrend now!From February 2023, SFL has started making its range between 990 to 1200's level. If we look at the pattern that it has created, it is more of a volatility contraction as it makes a higher low in the second contraction and it continues to go if you see it contracted to a smaller range from 1200 to 1061. Now the pattern looks promising as it is above the 1200 level and taking support of all the moving averages as well.
Let's see how it goes!
SHEELA FOAM Stock is in good shape and FII and DII have increased their holding. Stock is available at an attractive price and has a potential to give 50-60% rise.
SFL - Weekly AnalysisIn the Weekly Chart of SFL ,
we can see that, it has given breakout.
Let it retest and then enter with SL & target.
Expected momentum is shown in chart.
SFL - Bullish Consolidation Breakout with VolumesNSE: SFL is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Sheela FoamAfter a good dip, stock now showing some momentum.
Invested in the stock already
respecting each Gann levels.
respecting Gann angles
Respecting 20 MA on weekly & daily
Good for Long.
📈 Exciting Bullish Pattern Alert! 🐂
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Falling wedge & Descending triangle
📌 Symbol/Asset: SFL
🔍 Description: Stock has given fallng wedge breakout. and now making descending triangle. We might see good bounce hereon.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Sheela Foam reversing from the Demand Zone#SFL Sheela foam Ltd acquired the Kurlon and now market leader in the category. Rechncally chart shows reversal frm the demand zone. Can be added for good upside from here.
CMP 1256 tgt 1600/1750/1950 SL 1150
SFL On a Long Journey !!!SFL Ready for new Peak .
Expecting a long bullish run from here with a quick round off figure of 1500.
Educational only not a recommendation.
High Potential Long Trade Opportunity for 50% ReturnSubject: High Potential Long Trade Opportunity for 50% Return
Hello Friend's
I hope this message finds you well. I am reaching out to share an exciting long-trade opportunity that has the potential to yield a substantial return on investment.
After careful analysis and extensive research, I have identified a stock that exhibits strong growth prospects, solid fundamentals, and positive market sentiment. Based on my analysis, this stock has the potential to provide a 50% return on investment within a reasonable time frame.
Here are some key reasons why I believe this trade is worth considering: Stock showing bottoming out on this level as per charts and RSI is moving on above 30 and volume is above 20 DMA on the Weekly chart
1. Positive Industry Trends: The stock is part of an industry that is experiencing significant growth due to emerging technologies, changing consumer preferences, or favorable market conditions. These factors create a favorable environment for the company's growth and profitability.
2. Strong Financial Performance: The company has demonstrated consistent revenue growth, solid earnings, and a healthy balance sheet. Their financial stability and positive cash flow position them well for future growth and expansion.
3. Competitive Advantage: The company possesses a unique competitive advantage, such as proprietary technology, a strong brand presence, or a differentiated product/service offering. This advantage strengthens their market position and increases their potential for long-term success.
4. Favorable Market Sentiment: The stock has attracted positive attention from analysts, institutional investors, and market experts. This increased interest indicates confidence in the company's future prospects and can contribute to a significant upward price movement.
Please note that investing in the stock market carries inherent risks, and past performance is not indicative of future results. Conducting your own research and consulting with a qualified financial advisor before making any investment decisions is crucial.
If you want to learn more about this long trade opportunity, I would be happy to provide a detailed analysis, including supporting data and market trends. Together, we can assess the risks and potential rewards associated with this investment, enabling you to make an informed decision.
Please let me know if you want to proceed or have any questions. I am here to assist you throughout the process.
Best regards,
Ramu Maurya
Sheela Foam Long indications Sheela Foam Long indications from the chart. Need to wait for it to break on the upside.
Can look it as good bounce from the Fibonacci levels. From the 78.6% levels with a good support base at 794-810.
Looking at the levels of 1300 in near term if it sustains with good volume. Also to watch out for break and then the retracement around it on the chart.
No recommendations, just my view based on the chart.
Positional or Longterm Opportunity in Sheela Foam LtdGo Long above 1203.35 for Targets of 1286.7, 1370.05, and 1453.4 with SL 1120
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around 0.618 Fibonacci level.
3. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
Sheela foam in Weekly Demand ZoneFundamentally Strong small cap Company at reasonable price, hold for long term, 5 years ,growth in revenue year on year basis.
SHEELA FOAMBuy Above 2732
Stop loss 2586
Good Risk: Reward Zone
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use short hands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
SFL - VCP at BaseEntry: 3085
Stop Loss: 3015 (closing basis)
Target : 3425
Notes:
VCP pattern formed as base
Breakout with good volumes
Retested Bo with declining volumes
