NoobInvestor_76

NoobInvestor_76

Nifty Energy is currently at confluence of On Weekly Chart + Multi year upward trendline support + 200 EMA weekly + 2022 ATH support zone On Daily Chart + Multiple RSI bullish divergence seen If there is any price reversal seen on lower timeframe (hourly, daily), one can participate in this index via thematic Mutual funds If 28000 level cracks, next support...

NoobInvestor_76

HDFC Bank trading in a channel Price bounce from lower channel RSI Bullish divergence at support/demand level Daily RSI crosses 50 ADX suggesting bullish strength In case RBI policy announces Interest Rates cuts, HDFC is expected to benefit and do well.

NoobInvestor_76

+ Fundamentally DMART has a stellar performance + Budget 2025 provides tail winds to FMCG and Consumption sector + While Nifty has fallen 11-12%; DMART took a knock of about 40% (oversold) + Price bounced from multi week support of about 3400 + On Weekly chart - RSI at 30 lvl and rising + On Weekly chart - MACD Histogram turning +ve + Volumes picking up Buying...

NoobInvestor_76

Bullish Momentum Building : The index is forming higher highs, signaling strength. Demand Zone Breakout : A clear breakout followed by a retest and rebound from both the demand zone and the 20 EMA adds to the conviction. Outperformance : Comparative Relative Strength (RS) highlights the Pharma Index outperforming Nifty. Technical Indicators Align : RSI and...

NoobInvestor_76

Daily Chart (Left side) Price bounce off from previous strong demand zone Price breaking out of previous swing high 75 min chart (Right side) Previous up-trend with high volumes Price consolidation and Volume Contraction Price breakout of consolidation with good volume spike Trade Execution Buy if price crosses about last candle high 1275 ...

NoobInvestor_76

Monthly Chart (For Long term investments I use Monthly and Weekly Charts) Beautiful Rounding Bottom spanning across 3 years Previous All Time High and Neckline breakout @128 levels Price went up to 160 and then beautifully retested @128 Now on bullish trajectory Monthly RSI beautifully retested 60 levels and curved up indicating bullish bias Fundamentals...

NoobInvestor_76

Weekly Chart Previous trend was 'up-trend' Price went in consolidation in horizontal channel Price breaking out of horizontal channel Stock has been outperforming Nifty based on Comparative RS indicator RSI breaking above 60 levels and MACD histogram > 0 suggesting bullish bias Trade Execution Entry - CMP 3947 or on dips Stop Loss- Weekly SMA +...

NoobInvestor_76

Daily Chart: Double Bottom formation along with Bullish RSI divergence Neckline + Horizontal Resistance Break Massive Volume Spike Trade Execution Entry - Wait for Retest near 470 levels Stop Loss- Below Breakout Candle + 200 EMA daily Buy at CMP 2267 and add more towards 200 range @434 Target 1 - All time High 548

NoobInvestor_76

Buy Good Businesses when Market is Fearful!! Strong Fundamentals Market Cap ₹ 2,18,652 Cr. ROCE 169 % and ROE 135 % Debt to equity 0.09 10 year median PE 72.4 vs Current PE 68 YoY Sales Growth YoY EPS Growth OPM 24% Monthly Chart: Stock fell bout 22% compared to 10% Nifty last 3 months price showing support at confluence of + 30 EMA...

NoobInvestor_76

Weekly Chart Rounding base and Cup and Handle formation followed by Neckline Breakout Recently Highest ever volume spikes seen and average volumes increasing Fundamentals are descent, business with approx. 45% OPM Recently Angel One received mutual fund licence Stock outperforming NIFTY based on Comparative RS MACD, RSI and ADX supporting bullish bias ...

NoobInvestor_76

Stock has weak fundamentals - this is purely technical play Weekly Chart Previously Price had strong resistance @ 200 EMA weekly That resistance became support and price created double bottom formation @ 200 weekly EMA Horizontal resistance breakout with higher than average volumes Stock outperforming NIFTY based on Comparative RS MACD, RSI and ADX supporting...

NoobInvestor_76

Price Action Analysis: Stock was in downtrend creating series of Lower-Highs and Lower-Lows Created Double Bottom with Bullish RSI divergence Price crossed 50 EMA Retested 50 EMA with Doji formation - created Higher-Lows signalling trend change Defence index and Stock outperforming NIFTY based on Comparative RS MACD, RSI and ADX supporting bullish bias Trade...

NoobInvestor_76

Weekly Chart: Stock bounce from 2111 (previous resistance (dec'23) turned support) Last week close above weekly 20 and 50 EMA suggesting near term bullish bias Daily Chart: recently Created double bottom at demand zone Stock crossed 20,50 and 200 EMA price trying to retest 200 EMA and Horizontal support MACD, RSI and ADX all supporting bullish sentiments ...

NoobInvestor_76

Stock taking support @ 20 EMA monthly Strong demand zone near 3200 levels Spinning top Doji and price reversal from demand zone Price closed above 200 EMA daily Buy @ CMP 3470 Stop loss swing low on weekly basis 3106

NoobInvestor_76

Stock is down 35% from ATH, corrected one way Stock taking support @ Monthly 20 EMA RSI turning up from 50 levels on Monthly, 40 levels on weekly and back to 50 levels on daily chart - suggesting bullish bias Latest Close crossed above EMA 20 on daily chart Stock showing strength on 75 min chart (MACD, RSI and ADX bullish) Buy @ CMP 817 Stop Loss @ 759

NoobInvestor_76

Stock trading above all important moving averages on Monthly, Weekly and Daily Timeframe Small Cup and Handle formation All time high breakout Stock showing strength compared to Nifty based on Comparative RS indicator RSI, MCAD and ADX all bullish on all Timeframe Buy @ CMP 1424 Stop Loss Swing low 1342 Trail profit based on 20 SMA OR Supertrend 10,3

NoobInvestor_76

Bharti Airtel - Bullish Bias for mid term delivery +Price forming good bases formation for 6-7 months and then breakout + Very strong Relative strength + News of 5G launch provides good tail winds + Hidden bullish divergence on RSI while breaking resistance + Price is in all time high territory

NoobInvestor_76

Lupin Bullish Bias on Hourly Chart + Price break out of Ascending triangle pattern + High Relative Strength + Bullish Dragon pattern on ADX on Hourly chart