aashu24ahuja

aashu24ahuja

Low risk setup, almost catching a falling knife but if you know your risk can attempts Yesterday's low can be a strong support/SL Entry today at CMP, risk comes at 4-5% keeping yesterday's low + transaction cost Bajaj Finance is a great fundamental company and hence we can take a shot here. Disc:- invested today at 6615

aashu24ahuja Updated 

Flag BO 13 months of BO and retest consolidation in a flag

aashu24ahuja

Daily chart VCP setup volume uptick stop loss mentioned on the chart

aashu24ahuja

Wonderful BO on daily and weekly It seems something is changing in the company One can enter 50% at CMP and other 50% at pullback

aashu24ahuja

Flag Breakout. Huge run-up, followed by some price consolidation. The purple marker suggests accumulation as each purple dot signifies price movement > 5% with 1M volumes

aashu24ahuja

VCP setting up, not exactly text book pattern but similar The BO candle low can be used as a stop loss

aashu24ahuja

VCP setting up on a daily chart wait above the highlighted candle to take position

aashu24ahuja

All the analysis is done on the chart. Strong volume during upmove shows accumulation VCP pattern Low volumes during retracement

aashu24ahuja

BO and upmove of 70% Retraced by -25% Now forming base with volume contraction Keep on watch

aashu24ahuja

Looks perfectly placed, need to close above 450 for confirmation of BO. This will also take the price comfortably above 200EMA One can go long with stop below 200EMA on daily chart.

aashu24ahuja Updated 

2018 High Crossed in 2022 - 4 years high crossed (Breakout) Look at the volume bars during and before the breakout, volumes on up days are high Giving a good entry point now, since the stock is retesting the weekly breakout On the Daily chart the stock is taking support at SuperTrend location Entry at CMP looks great, stop-loss could be ST or Rs 1775...

aashu24ahuja

Whenever MACD turned negative in the past, past 3-4 months were followed by correction.

aashu24ahuja Updated 

If you look at the downtrend, everytime it tries to cross or breakout above 20EMA it falls back Observe the SuperTrend was always in selling when the stock was trying to breakout above 20EMA This time the breakout is different, it is above 20EMA, above SuperTrend and the strong body candle Stop loss could be median of the breakout candle or the low of the...

aashu24ahuja

The price is trying to move above 50EMA with MACD turning positive and RSI breakout. The momentum is building up, it can be a good buy at CMP

aashu24ahuja

If the retracement stops near 1000-1025 levels and it makes a bullish candlestick pattern then it's a great buy at the levels with swing low as stop loss

aashu24ahuja

If it crossed the IPO high then-new momentum should show up.

aashu24ahuja

Rectangle breakout on the weekly chart. The breakout is supported by good volumes. The Momentum indicator MACD turned green on the latest weekly candle (Just for BO confirmation). Buying can be done at CMP ~ 635 Stop loss would be breakout candle low on daily which is 616 2017 high is 661, which should be taken out sooner or later. One can add few...

aashu24ahuja

Made a short-term top at 1400 levels, retraced for ~4 weeks with price correcting close to 26%, made a bottom at 1023 levels, and now it looks the correction is over and it is heading higher. The journey towards 1400 may not be easy though. Trade with SL.