SuperNova396

SuperNova396

Price Analysis & Overview: 1. Good BO candle formation - showing strong buying dominance. 2. Exceptional volumes. 3. Great earnings. 4. RRR is favourable Trade Plan: 1. Aggressive entry can be planned at CMP (1100) or wait for safe entry on pullback. 2. SL : 10% 3. TP = 1:2,1:3,1:4,1:5 - Stay tuned for further insights, updates and trade safely! - These are my...

SuperNova396

Price Analysis & Overview: 1. Exceptional volume support. 2. Rejection candle from 50ema 3. 19 years ATH level BO & retest. 4. Earnings are weak. 5. RRR is fine (not very good). Monthly TF view: - W formation Trade Plan: 1. ENTRY = CMP (133) 2. SL = 10% (120) 3. TP = 1:2,1:3,1:4,1:5 - Stay tuned for further insights, updates and trade safely! - These are my...

SuperNova396

1. Bounced from the Fib support zone. 2. Good Volumes. 3. W base formation. 4. Earnings growth is on the decline! - Stay tuned for further insights, updates and trade safely! - These are my personal views. - 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...

SuperNova396

Price Analysis & Overview: 1. Price are yet to form HH-HL formations. 2. Trading below 50 EMA. 3. Volumes are dry. It seems like no one is still interested in the stock! 4. Touched the demand multiple times - increasing the chances to break the zone and go further lower. 5. Forming Double bottom. 6. Earnings are strong - That's the only good thing in the stock...

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

1. Clear BO and retest done and now already near tp1 2. I'm not interested in any new entry as RRR is not favourable. 3. It can continue to run to hit the above marked tp points. - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If you liked the analysis, don't forget to leave a comment and boost the post. Happy...

SuperNova396

Price Analysis & Overview: 1. Volumes are dry 2. Price is showing weakness holding higher levels. 3. No view until sustains above 190+ 4. Touched demand multiple times still weak, the possibility of a demand zone break is also possible. 5. Need to be very careful. - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If...

SuperNova396

Price Analysis & Overview: 1. Reversal Started 2. Earnings are strong. 3. Weekly Time Trendline break and retest. 4. Moving with demand 5. Trying to break 2 years of resistance level. Monthly Tf view: Trade Plan: Entry = CMP will be aggressive (SL will be big) / best entry will be around 900 - SL will be small and RRR will be favourable. Long-Term View -...

SuperNova396

Price Analysis & Overview: 1. Price moving from demand zone. 2. EMA support is taken. 3. Double bottom type formation can be seen. 4. A strong trendline breakout will be expected. 5. Earnings are good. Trade Plan: 1. RRR is favourable. 2. ENTRY = CMP around 1588 3. SL = 7-8% 4. TP = 30-40% - Stay tuned for further insights, updates and trade safely! - These...

SuperNova396

Price Analysis & overview: 1. Price has changed its structure to bullish and started forming HH-HL. 2. Bouncing from the demand zone and taking rejection from the EMA. 3. Good volumes are building up. Trade Plan: 1. RRR is favourable. 2. ENTRY = CMP 3. SL = 10% 4. TP = 30%,40%,50%,60%,70%++ - Stay tuned for further insights, updates and trade safely! - These...

SuperNova396

Price Analysis & Overview: 1. Double bottom formation. 2. HH-HL price structure is showing upward possibility. 3. Volumes are low. 4. Expecting 40% minimum. Trade Plan: - RRR is favourable. - Best Entry will be around 2000 - SL = 10% - TP = 40% - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If you liked the...

SuperNova396

Price Analysis & overview: 1. The overall defence sector is super bullish and the stock has started outperforming. 2. The strength of the BO candle shows big money is buying it. 3. Retest of the ATH BO level would be the best entry for a long position. 4. We rarely find these types of classic textbook type of picture-perfect breakouts! 5. We should remember that...

SuperNova396

Price Analysis & Overview: 1. Price is clearly showing lack of strength and direction. 2. Trading within range. 3. The demand zone is tested multiple times, chances are high it break on the downside. 4. Earnings growth is pathetic. 5. Stay Away from the stock till it shows strength. - Stay tuned for further insights, updates and trade safely! - These are my...

SuperNova396

Price Analysis & Overview: 1. Good volume on BO candle. 2. Breakout candle rejection from top is a sign of selling pressure. 3. RRR is not the best! 4. Earnings growth are okay. Trade Plan: - I would avoid entry at CMP looking at the overall picture. - But a risky bet can be taken at cmp with 10% Sl and 20% target. - Stay tuned for further insights, updates and...

SuperNova396

Price Analysis & Overview: 1. Reveral pattern formed 2. Good volume building. 3. Earnings are weak. 4. Double bottom formation. 5. Strong trendline break candle is important to determine the strength for the upmove. Trade Plan: - Low conviction trade, because fundamentals are not strong. - RRR is favourable. - ENTRY = CMP 220 - SL = 199 - TP = 300+ - Stay tuned...

SuperNova396

Price analysis & overview: 1. Price structure has shifted from bearish to bullish forming HH-HL. 2. Above 1900 momentum will be expected. 3. Buying strength is getting stronger. Trade Plan: ENTRY = 1st entry can be planned at cmp or around 1600 SL = 10-15% max TP = 40-70% - Confirmed entry will above 1900. - Since RRR is favorable a risk can be planned. - Stay...

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. 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...