3 Amazing swing trade ideas for 17 Oct markets I daily make educational content videos for swing / positional trading
NFL trade ideas
NFL - 550+ days ConsolidationDetailed View about this Breakout:
No.of Resistance: 6
No.of Support: 6
Consolidation Days: 550+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
NFL - monthly breakout?Looking good structurally, quick upside can be expected
views for edu purpose only.
NFL day highAs price increases and rsi decreases so bearish divergence so this should be day high of NFL
NFL is getting bullishNFL broke daily chart triangle pattern but could not break below weekly triangle chart pattern and it is now becoming bullish. Hopefully it should reach to 89 level within one month or one and half month
disclaimer:- I am also learning
Nfl breakout (INVERSE HEAD AND SHOULDER)Nfl has made an INVERSE HEAD AND SHOULDER(bullish) pattern
IMO target should be the distance from neckline to the swing low of the head, i.e. around 65-70.
But only enter this trade after the 2h candle closes above the neckline
*FOR EDUCATIONAL PURPOSES ONLY*
2 Amazing swing trade ideas for 12 Sep Markets I daily make educational content videos for swing / positional trading
NFL BULLISH MOMENTUM ContinuesNFL We Discussed 2 days before now today its breaking out, people who could not Buy it that time can buy it now.
Reason:
1. Taken Suppport Multiple time on the same Trendline
2. Minar upside trendline is also broken.
3. RSI is showing good Strength
4. VWAP is supporting the PRICE ACTION
PLAN:
BUY: 71 (LTP)
STOPLOSS: 65
TARGET: 80
NFL BUY MODE ONStock has given the breakout, you can go ahead and buy, all levels are marked on chart...
BUY: 69
STOPLOSS: 65
TARGET: 80
Earnings Gap sustainedWhenever a stock's earnings gap up is sustained and a follow through buying trend happens it indicates a rally and a big up move will followthorugh taking it to new high. CMP 75 lets comeback in 3months to check the price.
Pure Price action set up to trade 1. Weak hands have been removed with false breakout
2. Structure is bullish, calculated risk can be high rewarding
3. If price has to move and it intend to remove weak hands, then this should be the place price should reverse
#NFL #SHORTTERM #SWING #NSE
Weekly setup is looking good. On the verge of a stiff resistance breakout.
A cup in the making.
Breakout from a trendline - Retest the next day - Another bullish push from resistance turned support.
RSI is also expected to follow the channel range.
#National Fertilizer Multi Year BO Stock is awaiting for multi year break out forming double bottom in monthly TF, follow chart for proper support and resistance levels.
NFL - 50% RETURNS!!!BUY - NFL
CMP - Rs. 86
Target - 1: Rs. 108
Target - 2: Rs. 130
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Technicals -
1) Price-Volume analysis supported by the cup and handle chart pattern breakout.
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Fundamentals -
1) Financial Performance:
In the fiscal year 2020-21, National Fertilizers Limited reported a consolidated net profit of INR 1,288 crore, an increase of 123% compared to the previous fiscal year. The company's revenue increased by 16.44% to INR 11,118 crore in the same fiscal year. National Fertilizers Limited has a current market capitalization of approximately INR 6,462.44 crore.
2) Future Prospects:
The Indian fertilizer industry is expected to grow in the coming years, driven by increasing demand from the agriculture sector. National Fertilizers Limited is well-positioned to take advantage of this growth, given its strong market presence and reputation in the industry. The company has also been investing in capacity expansion and modernization to stay competitive.
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TWO PROBABLILITIES PART TWOHere I am sharing the daily chart of National fertilizer it gives a bullish breakout on daily time frame on horizontal resistance with good volume jump in it so what it could do next for us? what I analyze on this chart is that there are two probabilities sharing below
Probability One-: It can god straight to target of 83 levels from current price which is about 9.35% from current price.
Probability Two-: It can retest it's breakout zone 74 levels and after retest it could go to target of same 83 levels which is about 12.16% from retesting zones as we all know that breakout zone will act as a strong support because when price trading above on resistance that resistance zone turned in to support zone according to the support and resistance theory that earlier acted as strong resistance.
So one can check into own setup and act accordingly.
Happy Trading with Trading View ✌🏽✌🏽
BREAKOUT TARGET
IDENTIFIED TARGET
PREVIOUS IDEA
NFL near major trendline BreakoutNSE:NFL BSE:NFL
Time Frame – Weekly
Observations : -
* Near major trendline breakout
* Breakout above 82.50
Resistance – 93.90 / 110.30 / 137.70 / 149.20
Support – 72-60 support zone
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes 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. NSE:NFL BSE:NFL
NFL | Looks highly potential for doubling - InvestmentNFL | Looks highly potential for doubling - Investment
nflbuy @ 88
tgt-100\150\200
buy @ 88
tgt-100\150\200
buy @ 88
tgt-100\150\200
spice,agro,pradeepphosphate,aries agro,added
NFL- Cup and handle breakout* NFL is still moving in a rectangle range since 2007.
* Now it is showing strength and has given Cup and Handle breakout.
* Also it is at the verge of breaking its long parallel trend.
* Its immediate resistance is at 89.
* It the resistance of 89 is broken in up side it may give the target of almost 130 at per Cup and handle breakout.
* As per fundamental stock does not look sound as ROE is in negative, Reserve are constant but debt are increasing. ROCE is also not good.
* But Company is expected to give a good quarter result.
* Promotor holding is 75 % and DII holding is 13 %.
NATIONAL FERTILIZER - DAY CHART - 28.12.2022 - BAHAVAN CAPITALNATIONAL FERTILIZER as per Day Chart Analysis
ABOVE 80 TARGET 82
For the last four sessions FII had been selling and DII only in Marginal Buying.
Hence tomorrow being month end expiry trade safely....
Happy Profitable Trading to All.
Advance Happy New Year 2023 wishes to all....
Volume Burst BreakoutI am picking this NFL stock for breakout because of the following factors
1. There was a news which gave positive sentiment for all fertilizer stocks
2. If you consider the volume of the stock, it was constantly increasing with bigger number.
3. NFL Broke recent all time highs today.
For BTST Trades, please focus for 1% to 2% profit.
Look into the charts for understanding my analysis
please consider these for educational purpose.
TWO PROBABILITIES Here I am sharing the daily chart of National fertilizer it gives a bullish breakout on daily time frame on horizontal resistance with good volume jump in it so what it could do next for us? what I analyze on this chart is that there are two probabilities sharing below
Probability One-: It can god straight to target of 74 levels from current price which is about 7.6% from current price.
Probability Two-: It can retest it's breakout zone 65 levels and after retest it could go to target of same 74 levels which is about 13.8% from retesting zones as we all know that breakout zone will act as a strong support because when price trading above on resistance that resistance zone turned in to support zone according to the support and resistance theory that earlier acted as strong resistance.
So one can check into own setup and act accordingly.
Happy Trading with Trading View ✌🏽✌🏽
