SuperNova396

SuperNova396

Price Analysis & Overview: 1. Price is in channel, formed double bottom. 2. conviction is less since price is choppy within the channel. 3. Good volumes have started bulding. 4. Good quarterly results will be expected to kick start the momentum since price action is limited in new listings. - Stay tuned for further insights, updates and trade safely! - These...

SuperNova396

Price Analysis & Overview: 1. Good consolidation and BO candle formation. 2. Grabbed liquidity of sellers. 3. Need prices to sustain at the higher levels for further confirmation of momentum. MONTHLY TF VIEW: - Breakout after 3 Indecision (doji) candles breakout on monthly. - 20%+ minimum momentum will be expected. - Stay tuned for further insights,...

SuperNova396

Price Analysis & Overview: 1. Prices have taken support from the fib golden zone. 2. EMA are also supporting the trend. 3. Minimum ATH resistance level will be expected. 4. Above 720 RSI will show further strength for bullish momentum. 5. RRR is favourable. 6. Retracement based trade setup. Trade Plan: 1. ENTRY = CMP 590 2. SL = 10% 530 3. TARGET = 40%...

SuperNova396 Updated 

HFCL - A Tech sector stock pick Observations: 1. Price structure is bullish 2. Support from fib zone 3. Good Volume build-up 4. EMAs & RSI are indicating strength and momentum on the upside 5. Prices are rejecting on the downside (rejection candle on WTF) depicts buyers are dominant. - Stay updated for further insights and trade safely!- - If you liked the...

SuperNova396

Why the FMCG Sector is a Must-Have for Long-Term Investment - I am highly bullish on the Fast-Moving Consumer Goods (FMCG) sector, particularly in the context of a booming economy like India's This sector is fundamentally driven by the robust Indian consumption theme, which continues to expand rapidly due to the country’s growing middle class, increasing...

SuperNova396

Price Analysis & Overview: 1. Nifty Auto Index is in it's dream bull run after it broke the ATH resistance levels. 2. At current scenarios, price might continue to move higher towards the marked green lines or consolidate/correct towards EMA and then continue the run again. 3. RSI showing signs of overheated currently. MONTHLY TF VIEW : - Stay tuned for...

SuperNova396

Price Observation & Overview: 1. Shift in price structure from bearish to bullish with HH-HL formation. 2. Volumes are decent. 3. Earnings growth are improving. 4. ATH breakout will be xpected. Trade Plan: ENTRY = 643 SL = 563 (10%) TARGET = 954,1442, 1600++ - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't...

SuperNova396

Price Analysis & Overview: 1. Trading within a zone. 2. PA is choppy 3. Consolidation is continuing. 4. No bullish confirmation. 5. Earnings are very poor. 6. STRCITLY AVOIDING THIS STOCK! - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer:...

SuperNova396

Price Observation & Overview: 1. Currenrly near an important resistance zone, expect it to correct a bit and then find an entry. 2. Strength in the buying momentum. 3. ATH resistance is expected to break. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy...

SuperNova396

Price Analysis & Overview: 1. Prices are holding support, most likely the base formation is complete. 2. EMA support taken 3. It should break the trendline with strength to continue the momentum. 4. Minimum 50% upside move pending. 5. Worst case it might restest 367 breakout level. 6. A must-have defensive (FMCG sector) stock in core pf. Monthly view: - Stay...

SuperNova396

Price observation & overview: 1. Price is in HH-HL formation. 2. Currently near the highs of the channel, once it retraces down we can plan for a fresh entry near the support area. 3. Momentum is clearly lacking. 4. Underperformance is likely to continue unless it breaks above 130 and sustains. 5. Earnings are great. 6. Volumes are good too. Weekly tf...

SuperNova396

1. Price is consolidating for now. 2. I need a strong BO candle to plan a good entry only if I had to! 3. Earnings are strong. 4. Volumes are dry. 5. Too many doji/ undecisive candles on weekly tf is a red flag for me in any stock. Generally, I avoid positions where wicks are excessively long on weekly timeframes. - Stay tuned for further insights, updates and...

SuperNova396

Price Analysis & Overview: 1. Current structure is bearish - made double top - lower high. 2. The stock is pumped too aggressively. 3. NO NEW ENTRIES AT CMP! RRR is unfavourable. 4. Only above 2510 the prices structure should turn bullish. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment...

SuperNova396

1. Buying strength is weak. 2. Continuos red candle on daily. 3. No proper base formation. 4. Moves are completely choppy. 5. A big move is possible once the prices break through with volume on either side of the marked blue lines. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost...

SuperNova396 Updated 

These are my levels to trade today. If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray

SuperNova396

Price Analysis & Observation: 1. HH-HL formation started, now I will wait for a higher low formation to enter. 2. Volume support is strong. 3. Trend is confirmed. It's clear BUY ON DIPS!! 4. Buying strength is good. 5. Expecting it come down for some retracement. Trade Plan: 1. Need to wait patiently for the formation I want to enter on a dip. - Stay tuned...

SuperNova396

Price observation & Overview: 1. One more example of how simple things work beautifully if observed carefully. 2. Currently, it has the potential to touch 200. 3. No new entry, if holding continue to hold. 4. Earnings are weak! Weekly TF: - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment...

SuperNova396

1. As per the price formation expecting a W type formation. 2. Has the potential to reach to ATH from here. 3. RRR is favourable. Trade Plan: 1. ENTRY = CMP 2. SL= 10% 3. TP = As marked in the chart. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! ...