Muthoot Finance | VCP Pattern in Play 🔍 Technical Overview 📈 Trend: Uptrend, trading within an ascending channel. 🔄 Pattern: Volatility Contraction Pattern (VCP) in progress, signaling potential explosive movement. 📉 Correction: The stock corrected ~15% during the recent market sell-off but rebounded strongly, re-entering the channel. It’s now only ~9% off...
📊 Bharti Airtel Chart Analysis – Bharti Airtel is trading in an upward channel but recently fell out of it and started forming a base. The stock is at a critical juncture, currently near its 50 DMA, with volume building up. This suggests the potential for a breakout or breakdown, depending on broader market conditions and price action. 🎯 Trading Plan: 📌...
🚀 Pattern Highlights Cup and Handle & Inverse Head and Shoulders: Redington is showing a potential Cup and Handle (CNH) formation alongside an Inverse Head and Shoulders, signaling a breakout at ₹238–₹240. 📊 Technical Levels Entry: ₹238–₹240 (Breakout Level) Stop Loss: ₹181 (24% below, on a daily closing basis) Target: ₹340 (~42% upside,...
📊 CarTrade Tech - Technical Analysis 🚗 Reason for Picking This Stock: CarTrade Tech has been in an uptrend since March 2023, trading within a rising channel. The stock tends to take support near the 50 DMA and the channel bottom, showcasing strong demand in those areas. ✨ Key Highlights: 1️⃣ Breakout from 3.5-Year Resistance: The stock has broken above a...
Trade Setup Entry Level: ₹6,336 🚀 Stop Loss (SL): ₹5,323 (Closing Basis) SL Percentage: -16.01% 📉 Target Levels: T1 (Positional Target): ₹7,404 (+16.88%) 🎯 Risk-to-Reward (R:R): 1:1⚖️ Technical Highlights 📌 Flag & Pole: The stock shows a strong flag and pole pattern, indicating bullish potential. 📌 Key DMAs: Trading comfortably above key moving averages...
Analysis: Senores Pharmaceuticals Structure: IPO Base Breakout 🌟 Entry: Above ₹610 (preferably on a closing basis) Stop Loss (SL): ₹499 (Closing Basis) ❗ SL Percentage: -18.20% 📉 Target Levels: T1: ₹849 (+39.18%) 🎯 Risk-to-Reward (R:R): 1:2.15 ⚖️ Technical Highlights: 📌 Volume Surge: Today's volume is 2x-3x higher than previous sessions, indicating strong...
📊 Nifty 50 Daily Analysis 🔸 Current Resistance: Nifty is facing resistance at the 50 DMA and the top of the wedge pattern. 🔸 Market Structure: The structure remains Lower Highs (LH) and Lower Lows (LL), keeping the bearish trend intact. 🔸 Key Support Levels: Pivot 1: 23,534 (must hold for bullish momentum). Recent Swing Low: 22,783 (breaking this could push...
📈 Bajaj Healthcare - Fresh Opportunity for Upside Move! 🚀 🔍 Key Observations: Stock is forming a CNH (Continuation Narrowing Pattern) on the daily timeframe. Broke out of a 3-year-old trading range on 18th Dec 2023. Consolidating in a narrow range since 19th Dec 2023. Volume confirmation (3x-5x) and a strong candle needed for breakout...
🛒 V2 Retail Ltd: CnH Breakout Setup Entry: ₹2,002.85 Stop Loss (SL): ₹1,687 (on closing basis; -15.77%) Target: 🎯 Positional Target: ₹2,323 (+15.98%) 🚀 Why this trade? Chart Pattern: Clear Cup and Handle (CnH) breakout with the stock trading in an ascending channel. Trend Confirmation: The stock is maintaining its position above key Daily Moving Averages...
Kamat Hotels - Bullish Breakout with Massive Volume 🚀 📊 Timeframe: Daily Trade Setup 🔹 Entry Level: ₹273.20 🔹 Stop Loss (SL): ₹226.11 (~17.23% below entry) 🔹 Target Levels: T1 (Pivot High of April 2024): ₹315.45 (+15.46%) 🟢 T2 (Positional Target - ATH): ₹374.00 (+36.93%) 🏆 Risk-to-Reward Ratio (R:R): R:R for T1: 0.89 R:R for T2: 2.14 Technical Highlights 🔥...
Breakout Alert: The stock has successfully broken out of a consolidation zone with strong bullish momentum. Trend: It is in a clear uptrend, trading above both the 50 DMA and 200 DMA, indicating sustained strength. Volume : The breakout is backed by significant volume, adding confidence to the move. CMP565 Key Levels to Watch:T1 (Target 1): ₹596 T2 /...
🚀 Laurruslabs - Potential Breakout Opportunity 🔑 Early Entry: ₹627.5 💥 ATH Level: ₹725 📊 Positioning & Strategy: 💰 Entry Point: ₹627.5 ⚠️ Stop Loss (SL): ₹498 (20.9% downside risk) 🎯 Target 1: ₹725 (15% upside potential) 📈 Positional Target 1: ₹829 (~32% upside from entry) 🌟 Long-term Target: ₹999 (~59% upside from entry) 📍 Key Levels & Action...
Stock: Coal India (COALINDIA) Current Price: ₹385.05 Technical Analysis: 1⃣ Descending Channel: The stock is trading within a descending channel, forming a base with a potential double-bottom pattern. 2⃣Structure: Lower Lows (LL) and Lower Highs (LH). The overall market structure remains weak. 3⃣200-DMA: Stock is trading below its 200-day moving average,...
✅Stock is in an uptrend ✅Broke out of a base and retested ✅Trading above Key DMAs ✅consolidating right above the base forming base on base with narrow-range candles Keep this in your sight and find long opportunity. CMP: 1128.75 Entry: 1132 SL: 935(Closing Basis) Risk: 17.3% Reward: 20.7% The view shared is for educational purposes. Please do your...
📊 Stock Analysis for UTI AMC 🔘Entry Levels: Initial Entry (Small Qty): ₹1,260 Fresh Entry: Above ₹1,405 (with a strong breakout and good volume) Stop Loss (SL): ₹1,133 (below the 200DMA and major support zone) Target Levels (T): T1: ₹1,405 T2: ₹1,721 Risk-to-Reward (R:R): From Initial Entry to T2: Approx. 1:2.6 From Fresh Entry (T1) to T2: Approx....
🔍Stock Analysis: SWSOLAR (Sterling and Wilson Renewable) Entry & Stop Loss (SL): 🟢Entry: ₹478.00 🔴Stop Loss (SL): ₹402.10 (on a closing basis) 📊Targets: T1: ₹530.90 T2: ₹608.05 T3: ₹639.00 Positional Long-Term Target: ₹761.80 - ₹790.00 All-Time High (ATH): ₹830.20 Setup Overview: Trend: Downtrend. Now showing signs of a trendline breakout. Moving Average...
Stock: Genesys Intl Corp Ltd (GENESYS) Entry: ₹1,055.35 (after a closing above this level for confirmation) Stop Loss: ₹919.70 (on a closing basis) Target: ₹1,230.85 Setup Overview: Pattern: Trying to Breakout from a consolidation zone. Volume: Moderate, confirming a breakout attempt, but needs more conviction. Key Levels: Entry after a confirmed...
📌 Cheat Entry: ₹2704 📌 Entry: ₹2864 (ATH Level) 📌 Stop Loss: ₹2259.8 (Closing Basis, -16.6%) 📌 Target 1: ₹3386 (+25%, R:R 1:1.5 from Cheat Entry) 📌 Positional Target: ₹3910 (+44.6%, R:R 1:2.7 from Cheat Entry) 💡 How to Trade: 1️⃣ Test Quantities: Add small quantities above the Cheat Entry (₹2704). 2️⃣ Full Entry: Add the rest above the ATH breakout level...