VIEW ON WESTLIFEStock has formed a longer lower shadow in yesterday's session After taking support near 775 levels, stock has shown a good up move Target 835/850 Stop loss 810 I am just representing my views For educational purpose only.Longby dakshb38390
Volume Spurt and Crossing Key Levels in Parallel ChannelNSE:WESTLIFE is Crossing Major Key Levels on a Daily Time Frame in a Parallel Channel with a Volume Spurt Today. A close above 960 will take it to 1025 Levels. Keep a Watch. Check out my other stock ideas below until this trade gets activated, I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.Longby Karanshah1372
WESTLIFE Daily Chart AnalysisWestlife CMP@935 Chart Looks Promising Stock Witnessing Rising Volume with Increase In Price Extremely Narrow Monthly CPR 21 DEMA>55 DEMA ADX Trending RSI Bullish RS PositiveLongby rkalunge0
WESTLIFE - Breakout after 1 year (McDonald's India)WESTLIFE - Breakout is seen after 1 year in the daily timeframe. The stocks has been in a good uptrend and shows good signs of growth both technically and fundamentally. Do you like McDonald's? Well - This company manages all the McDonald's stores in West and South India. These are my personal views, please do your OWN research before making a buy/sell decision. Longby SwingtradesbyAbhishek2
Westlife foodworld 50% gainPE = 288 that because of margin contraction sales intact once it start operating at same margin as that of previous year PE will be around 83 available at below 200 day moving average Longby dheeraj_patidar0
Amazing breakout on Weekly / Daily Timeframe - WESTLIFECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. PS: No new Nifty500 script can escape from me when making a breakout. :-) Longby Yoyohoneysingh930
Westlife : Breaking outBreaking out of previous supply zone with good volumes and relative strength turned positiveLongby sj310900
WESTLIFE Analysis & Prediction in DTFThis is the analysis of WESTLIFE in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About WESTLIFE : Westlife Foodworld Ltd. is a holding company. It engages in the business of putting up and operating quick service restaurants through its wholly owned subsidiary, Hardcastle Restaurants Private Limited. The company was founded on October 30, 1982 and is headquartered in Mumbai, India. Longby suraranjanganguli0
Westlife bullish tgt 950-1040Westlife Foodworld Ltd 1. RSI on all time frame above 55 2. ABCD Pattern under formation on weekly chart 3. price rise with huge volume candle fundamentally : Company has delivered good profit growth of 84.6% CAGR over last 5 years Lets see how it evolves Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix. Longby purisonshuf0
Westlife Buy on monthly flag and pole breakoutBuy Westlife at current level. Upside is 18%. Stoploss should be below the monthly candle. Fundamentally strong stock. Good time to enter. Longby Soumyadip_K0
Westlife development ltd Analysis on 17 jan 24Westlife development ltd Analysis on 17 jan 24 780 is the best support as higher high higher low formation on monthly time frame Deep Stoploss 750 (on closing basis) target 1021 - 1068 - 1174 - 1246 Now market is volatile so take risk as per your capacity Longby StockVaultt0
WESTLIFE: Head & Shoulder ContinuationInverse Head and Shoulders Continuation: This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large volumes forming a head having its bottom is below the left shoulder following an upmove correction on lower volumes & completing the head. The completion of the head must be above the top of the left shoulder. If the prices rise above the top of the left shoulder then too this pattern remains intact. In the end, the right shoulder is formed usually on smaller volumes comparatively the previous two rallies. Now if you connect the tops of the left shoulder, head & the right shoulder there will be a formation of the ‘Neckline‘. This line will act as a decision line. If the prices break this neckline & give closing above the line, this will be the confirmation of the breakout of the Inverse head and shoulders pattern. However, it has been noticed that after breaking of the neckline the prices again attracted towards this neckline. We say this phenomenon as a retest of the neckline which will add some more confidence while trading this pattern. After retesting if the prices again start rising, this will be the final confirmation of the up move as shown above. The bookish target of this pattern is taken as the vertical price range from the bottom of the head to the neckline & the bookish Stop loss should be the bottom of the right shoulder. However this stop loss can be big, so it is advised to keep a stop loss of 4-5% of the price range below the neckline. TRADING STRATEGY: Buy on cmp add on dips , keeping SL of 710 look for the measured target of 975 and beyond that 1200 region.Longby TradingSutraUpdated 8
Decoding Westlife: Market Rally and Anticipating the Next MoveHello Traders! Today we're revisiting our analysis of Westlife from June 6, where we discussed the breakout of a Head & Shoulder pattern. Let's dive in! On June 9, our suggested entry triggered at a retest of the H&S breakout at 825 . From that entry point, the stock rose to a level of 1024 by September 8 — a gain of nearly 27% . This movement aligns perfectly with the Head & Shoulder target method. This method measures the vertical distance from the head to the neckline of the pattern. The same distance becomes our target from where the breakout happened. Now, let's understand Shortening of Thrust (SOT): What is SOT? SOT stands for Shortening of Thrust, which is a trading term that indicates potential trend weakness. It’s used to identify the end of moves. SOT is part of Wyckoff trading theory. Thrust refers to the distance between the current swing high to a previous swing high (in an uptrend) or swings low (in a downtrend). Increased thrust is a sign of potential trend strength. Shortening of Thrust is a sign of potential trend weakness. to learn more check below post: On the monthly timeframe, we can observe a Shortening of Thrust (SOT) , a sign that the current uptrend may be losing thrust. The price is currently stopping at its daily EMA50 and the uptrend line. There's a chance for a pullback from these levels, but the odds are low due to the SOT observed on the monthly candle. To summarize, if the price does not break above 1020 after a potential pullback, we may expect further weakening of the trend. If the price doesn't take a pullback from the current level, it could fall further as the monthly timeframe is showing weakness. 🔮 Possible Scenarios Ahead for Westlife 🎯 If the price pulls back from the current level and breaks above 1020, we may see further upside. If the price doesn't pull back from the current level, we could experience a downward move due to the weakness shown in the monthly timeframe. Please note that this article is purely educational and should not be taken as financial advice. Always do your own research and consult with a professional before making any investment decisions. 🤝 Thank you for your continuous support, likes 🚀 follows, and comments. Your engagement keeps me motivated to consistently provide valuable content. by AfnanTAjuddin16
WESTLIFE - 2 Possible Entries with Inverse Head and Shoulder🙌 Welcome to another educational analysis, where we'll discuss the recent breakout of WESTLIFE from an Inverse Head and Shoulder pattern. Please note that this analysis is for educational purposes only, and I am not a SEBI registered analyst. 📊 Key Details 🚀 WESTLIFE broke out of the Inverse Head and Shoulder pattern on June 1st with significant volume, reaching an all-time high level. Let's discuss the two possible entries: First entry: Above 852, which is the breakout candle's high. Second entry: At the retest of breakout at neckline . For both entries, ensure the Stop Loss (SL) is placed below the neckline around 800 to manage risk effectively. The first entry is more suitable for aggressive traders, while the second entry provides a safer option for both aggressive and conservative traders. 💡 Technical Terms Explained 💡 Before we proceed, let's clarify some technical terms used in this analysis: 💡 Inverse Head and Shoulder pattern: A reversal chart pattern characterized by three troughs, where the middle trough (the head) is lower than the other two (the shoulders). The neckline connects the highest points of the two shoulders. 💡 Breakout: When the price of a security moves above a certain level of resistance, indicating a potential upward trend continuation or reversal. 💡 Neckline: The resistance line connecting the highest points of the two shoulders in an Inverse Head and Shoulder pattern. It acts as a crucial level to monitor for potential breakouts or breakdowns. Remember: Always conduct your own analysis and risk assessment before making any trading decisions. 💪 "Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful." 💪 💬 Feel free to share your observations and insights in the comments section. Your comments and feedback are greatly appreciated. Don't forget to like this analysis if you found it helpful! 🤝 Thank you for your continuous support, likes, follows, and comments. Your engagement keeps me motivated to consistently provide valuable content. ✅ For more articles and trade setups, follow me on TradingView: in.tradingview.com Remember to conduct thorough research and exercise caution while trading. Happy trading! 📊📈💪 Longby AfnanTAjuddinUpdated 12
Long Westlife DevelopmentA Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of NSE:WESTLIFE Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish Flag and Pole Technical Indicator :- Positive MACD CrossoverLongby raigvivekUpdated 0
Westlife Breakout from Cup & handle PatternOn the daily charts, Westlife move out of the Cup & handle Pattern. it closed in bull candle with volumes above the horizontal trendline.by bhavna0
WestLife TechnoFunda Strong StockBoth Technical And Fundamentally strong stocks . Buy = 800 Hold for Longer Horizon . Will update SL when trend get changed . Follow to get all the similar update Longby abhishekhMandge1
Westlife Development LtdCup and handle breakout in Westlife Development Ltd with very high volumeLongby Swing_Trading_Chart0
Inverted H&S Break out- INHS as continuation pattern - BO validated with volume - Above all key EMAs - Bullish RSIby ChartShala1
Westlife SwingSwing can be taken for following reasons : 1) Stock has tested bullish weekly structure 2) Stock has tested daily structure and has printed bullish price action 3) Stock is in a bullish on 4HR structureLongby mihirsavla191
VIEW ON WESTLIFE DEVIn today's session the stock has recovered from the low Closed above yesterday's high It seems stock is showing some up move Target 785/800 Stop loss 764.5 I am just representing my views. For educational purpose only.Longby dakshb38390
WESTLIFEWESTLIFE:- Double bottom pattern has been formed, if the breakout together sustains the upper side, then you can plan something. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.Longby AjayDhakad_Keep_it_simple2