While I made some money in shorting apollo tyres recently, on a zoomed-out view this looks like a large flag and pole pattern. Two large targets of 400 + and 600+ are visible. Just fyi I am not bullish on auto sector for a while. I hope apollo tyres has something up their sleeve which can pull this out. This is just a chart pattern discussion. Please trade your...
Hiding in plain sight. Voltas. Pretty simple Super Bull Super Grand Accumulation. This stock resembles pattern in a US stock which is world's largest contract manufacturer. In 6 months maybe a year, Voltas can hit 1800. May be sooner, who knows! This is not a trading or investing advise. Please consult a registered stock market expert for any trading /...
I know that promoters have been selling their stakes, I know the cash flows were not so good, but hey, its Zee! So, looks like on a weekly time frame this stock has gone in for a long cup formation. May be in a year or two it will complete the cup and then BO can come. I am bullish on this stock at least till 2023 (U know why) then possibly for another 5 years,...
Inverted head and shoulder pattern. Nifty IT gave a very good move on Friday. FNO everyone goes after, big guys can move this one. Their business is quite fantastic. Can come very quickly. Should touch 2500 very quickly! This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
First stock in FNO in my A to Z excel sheet. Looks like a lesser talked about stock. Charts suggest a strong move to 1400. This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
Sorry.. too much noise but I guess this is my view on Nifty in coming days... This will be very quick ! #nifty #nifty17000
Granules has made a flag pattern on weekly. Once this hits the red channel bottom, it can make very quick moves to reach 600 - 700 and possibly 800 levels. I will start accumulating small quantities on dips. This is not a trading or investing advise. Please consult a registered stock market expert for any trading / investing decision. I am a newbie trader :)
It broke too soon. See Whenever there is mass selling / crash / correction, that’s when this stock runs. it’s simple. I think it broke the ascending triangle too soon. Should come back to retest. But 4500 level should come very quickly This is not a trading or investing advise. Please consult a registered stock market expert for any trading / investing...
While this stock has made 3 back-to-back head n shoulder patterns, it’s still hasn't started the descent. There is a large descending triangle which is also formed I am not so convinced that BPCL will fall that much. 350 - 370 definitely on the charts. This is not a trading or investing advise. Please consult a registered stock market expert for any trading /...
I was going through weekly chart of all fno stocks. Just finished A and started with B. Of course, Bandhan Bank flashed. So, while Daily chart was not so convincing at a pattern, there is a clean head and shoulder pattern identified. When the share came it made a large HNS pattern then then if you see I have marked the fall. Now Bandhan Bank is looking like...
While Friday was really amazing, Nifty IT seems to touch it Max Limit trend line resistance. May be its imaginary and may be Nifty IT makes a new high and a new resistance but seems movement will come in other sectors after Nifty IT gets rejected at the red line. Please see my Nifty IT analysis which I just posted on trading view - apparently, I cannot post link...
What I love the most in a company structure is either a B2B structure or a G2B Structure. B2C is something which is quite variable and too much chaos. Shriram Transport Finance is a fantastic company and its a bit late and cliché to mention this but, during the various waves of pandemic, transport was the only thing which moved the nation/world. So, on screener...
This beautiful stock which has a great market demand (especially after EV bubble) has been brought down to a neckline which gets as low as corona level. The length it went up, its now back to ground zero. If you google, the reason for this fall was some pollution compliance issue, which I guess cannot be very long term. Promoters must get the error rectified and...
So do look at my Indigo (Interglobe Aviation) idea, already made good money in FNO on 1700 CE and then 1720 CE... Now it’s at 1750 ish... A huge Bearish candle was made on Friday, I am assuming someone booked solid profit. But stock settled quite quickly. I am optimist for an 1800 + level soon. Obviously when it will reach 1800+ level, then the great news channels...
This was an easy one. A simple Descending Triangle. #HDFCBANK. Positionally 1300 on cards. *For Learning and Educational Purposes only. Please take trading advise from a Registered Market Expert, not me ! :)
So I have been observing that every stock will have its own story. Thats so true.. Every stock has its own method to madness. Why I call Wipro a bulldozer is when wipro runs - its kills every Bear in its way. Whats the hardest part for retail investor - Trailing the Call. I am assuming most people here make money through buying an option, which I firmly...