Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional...
HDFC Life has seen a breakout from triangle pattern in weekly timeframe. We will get aggressive once the stock crosses 700, till then smaller quantities / SIP can be done. All levels marked on chart. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or...
Wyckoff studied stock movement in terms of demand and supply almost a century back. He categorized stock movement into cycle of - Accumulation (Oversold Zone) --> Reaccumulation (can be multiple) --> Distribution (Overbought zone) --> Redistribution --> Accumulation Study of each phase can be a book in itself, however we here try to demonstrate how a...
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional...
Details on Chart
HPL electric and power limited has shown an inverse head and shoulders pattern in weekly chart. The weekly ichimoku setup is also very bullish. Being small cap, we will enter a very small position (<3% of portfolio size). Targets - minimum 20%, then trail for every 10%. Stop Loss - 43 or 35 (if you are very aggressive). Disclaimer: All investments and trading...
Reliance has shown a bearish bat pattern. However, the last leg of the pattern was super strong, so no trading as of now. People holding in cash may hedge with a put option. Shorting call options can be risky when the stock has such a momentum! This material is just to introduce the Bat Pattern. As per Scott Carney - A Valid bat pattern has the following...
Nifty on Friday has seen a narrow range top with spot Nifty making an all time high. However, volume seems to be drying up. Does this mean SM have stopped trading and only amateurs have taken positions? Can this be a false upside break of the wedge forming? I remember the instance mentioned in Tom William's book Master the Markets looking at this instance....
Volume at Price for Godrej Properties: (1) There is an accumulation from 850 - 1050 zone (2) Trending Phase from 1050 - 1250 has small participation (3) Huge volume at 1300-1500 zone Looks like many buyers who entered in 850-1050 zone have exited their positions. Our assumption for the analysis is that buyers who have entered in the latest accumulations are...
State Bank of India showing a multi-month breakout on a monthly chart. Breakout was preceded by an almost 10 year accumulation. Though the last phase of accumulation was pretty fast, post covid rally helped the phase. Now, it looks like the accumulation is over and the stock will trend. This is a good pick for long term investment. The stock can test 700-800...
Asian Paints looks like setting up for a bullish breakout from the triangular pattern. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research,...
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional...
Presenting Wyckoff's Schematics - Distribution Phase We here try to demonstrate the distribution phase in Yes Bank. We had to keep the material short cover all phases of distribution as well. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or...
ICICIPRULI forming a bullish bat pattern. The stock has already given a confirmation for entry. Note there is also a bullish divergence in hourly charts. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a...
Gujarat Alkalies has shown a strong weekly breakout from accumulation phase. We would wait for a pull back to the channel to take an entry - around 380 levels. Details mentioned in the chart. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or...
Amara Raja Batteries - The share is in a huge accumulation phase - Note the volume as time progresses in the rectangle - A gradual SIP in the stock - buying 'N' shares every month can prove to be a good investment theme as EVs have started evolving - EV Battery business is estimated to reach $300 Billion by 2030 - Even if current market share is maintained,...
A flat base pattern is long flattish movement of share price. Usually, I would invalidate > 30% move from FB pattern if I am using monthly candles. For weekly my barometer is 15%. In most cases, FB pattern gives a very strong breakout. In some cases annualized returns > 100 % can be expected. Rather than keeping fixed targets for such breakouts, a 20% trailing...
Indiamart forming bullish Gartley in hourly timeframe. Also, stock seen to have a bullish RSI divergence. Looks like a good buy. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should...