SMC Global short term trade ideaCOuld be a triangle in the making.. breakout max time and target max time in the chart with target in green..
if price closes below triangle body then its time to get out
SMCGLOBAL trade ideas
SMC Global, can it scale back to all time highs?A lot of accumulation below the 0.618 fib level for many days,volatility contraction and what have you not and soon enough it broke the crucial level to hit the next wall of resistance of 0.786 fib level at 167... therefore,
A close abve 167 would be a moral booster for it to reach 186 or previous ATH...
Cup Breakout level is 163 which had happened but now stock is trading below it... good to go long keeping SL of 155? which is the 0.618 fib level
SMC Global is poised for a move to the other extreme of channelSMC Global is a small cap broking firm also having an nbfc.. it has shown good growth in the past few quarters but has undergone good correction in the past few weeks due to the overhang of SEBI norms on discount broking as well as the rumors on curbs on F&O trading.
Q1 results are on 30th July. NCD offer is closing on 1st August. 0.89x subscribed so far. they have a green shoe option as well to retain any surplus upto 75 crores. Post results conference call is on 1st August after NCD closing.
1. In parallel channel it is coming up from support and has just crossed the 50EMA line. Previously this has been an indication of positive times ahead. It has also bounced from polarity support of 144.20.
2. Plan is to build position today keeping SL of 50EMA or if results are good then the channel support and resistance lines will act as stoploss and target.
SMC Global Stock Preparing for A breakout of a bullish flagSMC Global Stock Preparing for A breakout of a bullish flag pattern. GTG above 160✅
On A Successful breakout the stock may show gains up to 25% before heading for a correction✅
Entry: Above 160
SL: 140
TGT 1: 182
TGT 2: 200
Positional ones may hold till 215 and 245
SMCGLOBAL - Possibly a Swing CandidateFundamentally decent, Technically primed for a swing blast. I have added my reasons and lets see if this blasts up!! Markets are good so expect this to succeed.
Stock to watch Stock to watch
SMCGLOBAL
+ Volume buildup
+ Above Key EMAs
+ Getting ready for New ATH
-: Not a Buying recommendation
Bullish Move in SMC GLOBAL SECURITIES LTDStock gives breakout of previous high and giving strong upmove indications.
CMP : 150.55
Target :173.25
Stoploss : 139.25
This is not a buy or sell call, this analysis is shared for educational purpose.
SCM Global securities retest at support levelin this chart we clearly seen that SCM share retest again and again from more than one month.
MACD also show positive momentum with proper buying signal
and RSI above 60 is good signal for buy but wait for entry because last candle is spinning top it means trend may be reverse .
if next candle break spinning top high then it highly possible to trend may be uptrend.
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.Tweets neither advice nor endorsement.
SMCGlobal-A breakout done for multibagger returns?SMCGlobal is a small cap company which is involved in broking related activities.
As we know, share market industry has big potential, this company has big scope to grow exponentially.
Technically, stock has given ascending triangle breakout and has completed retest of same.
Risky investors should not miss this opportunity of making multibagger returns.
Stock is ready for a big bull run once 150 is crossed.
If you like my analysis, please follow me for more such interesting ideas.
Techno - Funda pick: SMC GlobalSmc Global securities looking good for 6-12 months view.
Well diversified business. Valuation is affordable.
Highest ever weekly volume. Expecting strong range expansion.
Above all key MA.
#SMCGLOBAL BO with Volume in DTFStage 1 BO with Volume
Stock consolidate near RT, Formed VCP Bo with volume
EMA rule in place 7.59% from 50EMA
RS Line making 5WH
MACD Crossover
Mindset Calm, following my rules
NOTE: Market fell hard during closing
Simple Support & Resistancesince its listing did not gave any return now its turn to give give us return
#SMCGLOBAL#SMCGLOBAL (W)
- Strong Breakout Candidate
- Long Range Accumulation
- Massive Volume Buildup
- Strong Bullish Momentum
- Darvas Box Pattern BO
- Trading 52 weeks high
- Looks ready for 111/122/135+ levels
- TF ≈ 3-4 months
#Investing
Breakout in SMC GLOBAL Breakout in round bottom formation
Volume accumulation
RSI above 70 and rising
Above EMA40
SMC Global: Trading near breakout levels on weekly time frameSMC Global is looking good on weekly time frame. Stock is trading near fresh breakout level after retesting previous breakout zone. Keep on radar. Related sector is also showing good momentum.
SMC GLOBAL📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF SMC GLOBAL:-
•Breakout of symetrical pattern on WTF with strong candle
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can DM me Or comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
SMC Global Securities: Forming rounding bottom on WTFSMC Global securities is showing good strength from last week. Stock is forming rounding pattern on WTF. Keep on radar.
SMC Global Securities Ltd: Breaking out with good volumeSMC Global is looking good on daily time frame. Stock is breaking the resistance with volume. Keep on radar. Brokerage industries is showing good strength.
SMC Global: Forming Symmetrical triangle pattern on DTFSMC Global is trying to breakout of symmetrical triangle pattern again. Keep on radar
SMC Global | Good for Long NSE:SMCGLOBAL
CMP : 80
consolidation for few weeks
Now stock is ready to fly if manage to Close above 81
#Study
SMC GLOBAL LONGReasons and indicators to buy:
-RSI Above 60
-MACD Crossover
-Higher volume than the past 5 trading sessions
SMC Global securities view for chart referencewatch out chart as per my view of reference, let see what will happen
