1. Volumes are low 2. Risk of BO failure 3. For now prices are sustaining above the BO level that's a good sign 4. Below Dz will be the best area to go long. 5. Trade with 10% SL - 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: This is NOT a...
Trade Idea Description: Despite weak earnings, the potential for better quarterly results could trigger a breakout. Here’s the plan: - Entry Point: At CMP 691 - Stop Loss: 10% below the entry around 640 on candle closing basis. - Target: Aiming for a 50% upside, 1:5 risk-reward ratio With minimal downside risk, this is a compelling long-trade opportunity. -...
The stock is trading around the upper channel. The space on the upside looking limited and RR is not favourable at the current levels. Weekly TF view: Price Observations: 1. Even after breakout & restest of major 800 previous ATH levels the moves is slow and choppy. 2. Volumes are dry. 3. Buyers are weak. Now, possible 2 Scenarios here: 1. WAIT FOR THE...
Adani Enterprises Price Observations : 1. Following a bullish channel. 2. Bounce from an important zone. 3. Volume is lacking! - Stay updated for further insights and trade safely! - 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...
It may not be a fast-moving stock but definitely, a long-term multi-bagger pick!
1. Formed the bottom. 2. Price structure is bullish. 3. Multiple confluences. 4. Bouncing from Monthly & Weekly demand. - Stay updated for further insights and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! ----------------------------- X...