After hitting a rock bottom the stock started reversing and is in an uptrend ever since. Watch for long opportunities. This is a medium-term long-term bet. SL is very deep. So do not bet big, can try pyramiding in this counter trailing your SL. 🟢In an uptrend after hitting rock bottom. 🟢Broke a potential barrier. 🟢Trading above key DMAs 🔴Uncertanity in...
#Tradidea #Hindzinc. After a big stage 2 up trend which gave close to 100%, stock pulled back and forming a base. Watch out for a base breakout. RR is good in this counter. No entry now . The latest price action doesn't look pretty. Add this to your watchlist and wait for the opportunity. Will update the SL once the trade is triggered.
After brief run up #motilaloswal pulled back and now it is setting up again. Forming base on base. Watch for a long opportunity positionally. This is not a recommendation. Kindly do your due diligence. 🟢Trading above 50 DMA. 🟢Forming a base now 🟢Good Relative Strength. 🟢 Broking-related companies showing strength. 🟢Good ROE, ROCE. 🔴Market is still weak and...
#positionalidea #shaktipump: Looks good positionally if it breaks out of the base. Watch for base/Darvas box breakout for long opportunity. 🟢Trading above 50 DMA 🟢Good Relative Strength 🟢Good ROCE, ROE 🔴Circuit stock. Tends to hit UC/LC. 🔴Volume Needs improvement. This is just a view and not a recommendation. Trade at your discretion. ...
#tradeideas #Vijayadiagnostics. Medium/Long-term idea. 🟢Trying to Breakout From base. 🟢HH-HL structure intact. 🟢Good RSI. 🟢Good quarterly results. 🟢Trading above 50 DMA. 🟢Pharma/Diagnostics/Healthcare sector shows promise. 🔴Volume needs a bit more improvement. 🔴Weak Market and chances of fakeout. Please do not forget to: -Manage Risk /Position Size....
✅Stock is trading in a channel. ✅Taking support at the bottom of the channel and 50 DMA ✅HH-HL pattern is not violated yet. ✅Stock in stage 2 backed with good volume. ✅Low volume when stock is pulling back. ✅Showing resilience in this weak market. ✅Part of Digital theme which could be the next big thing in India. ❗️Fundamentally not strong...
Missed the entry, now wait for a retest. Stock is very resilient to market fluctuations. Once the market this stable we will get good Opportunities. Till then add to your watchlist and Keep an eye on this 👀 ✅Trading above 50 DMA ✅Resilient to market weakness. ✅Breakout from stage 3 to stage 2 after a continuous uptrend. ✅Health care sector looks...
Ice make just broke out of a base and looking to breakout of 52weeks high. Watch for a breakout above 962. ✅Trading Above 50 DMA ✅Trading right below 52 Weeks high, with good candle and volumes picking up. ❗️Market yet to give a clear direction. ❗️Risk of Fake outs high if market is not stable. ▶️Market Cap---₹ 1,428 Cr. ▶️Current Price---₹ 905 ▶️Stock...
#Niftybees- Conservative traders can go long in NIFTY Bees. If the market is to resume the uptrend then this will be a good option for those who don't want to participate in F&O.
💡#Tradeideas #careerpoint: ✅Consolidating inside Darvas Box. ✅Contracting right above 50 DMA with Low Volume SL is Deep so position sizing accordingly is mandatory. Smallcap Company so caution is required. ➡️Market Cap---₹ 942 Cr. ➡️Current Price---₹ 518 ➡️Stock P/E---15.5 ➡️ROCE---13.4 % ➡️ROE---10.8 % Please study the chart and do your due...
Trading in a range from April 22. ✅Good Volume and wide candles seen in today's chart. ✅Trading close to ATH levels. ✅Trading above 50 DMA. ✅Resited the market fall. ❗️Prolonged and deep pull back after each upmove. ❗️Strentched with respect to 50 DMA. Almost 27%. ❗️Bearish sentiments in the market. ▶️Market Cap---₹ 2,792 Cr. ▶️Current Price---₹...
If IT were to join the potential group of sectors (Banks, Metals and Fin), which could lead the market further. Then Wipro can be a nice addition. Caution is still required. Market might rally for 2-3 days in FOMO. But still many sectors and stocks are structurally weak. ✅Trading above Key DMA ✅Breakout from consolidation. ✅IT sector showing early signs of...
Underperforming since 2021. Trying to break out of the consolidation, several attempts were made and failed. Will it succeed this time?? ✅Forming inverted Head and Shoulder pattern in DTF ✅Consolidating in a tight range right above 50 DMA. ✅Trading right below ATH. ✅Consolidating with narrow-range candles. ✅Bullish engulfing on 5 Nov. ❗️Underperformer. ❗️Risk...
Bank nifty trading in a box and in a channel. 52600 is a breakout region. Wait for the breakout to pick good stocks in this index. If 54500 is broken and market resumes the uptrend then we could see 56000-100-200. Several good stocks in this sector offers good risk to reward. This is just a view. Please do not treat this as a Buy/Sell recommendation.
✅At support and reversing with bullish engulfing. ✅Strong candle. ✅Stock tends to respect 50 DMA and ride on 50 DMA. ❗️Trading below 50 DMA. ❗️Overall market structure needs to improve further and more confirmation is required. The risk of a potential downtrend still exists. Please consult your financial advisor before investing. This is...
After breaking out from a 3 year old resistance at 75, the stock retraced back to the breakout level and is taking support from there. Ideal entry was 75 but if you missed it then we will look for fresh entry possibility. Please check the chart for Entry/SL. ✅Today's candle sustaining right above 50 DMA. ✅Chart Structure is improving. ❗️Stock structure turned...
TCS is taking support from 38900 zone. - Forming a C&H and a Trendline breakout. - Good Risk to reward. Risky is 5-6% - Market were to reverse from this, then this would be a high probability trade. - Any surprises in US elections could have a negative impact. Chart shared only for educational purposes. Please do your due diligence. CMP:4120
✅Aiming for a fresh breakout from previous ATH levels. ✅No resistance to the left if broke out. ✅Trading above key DMAs ✅Good Volume and wide candles on DTF. ❗️Little bit stretched. Ideal entry was 635 and 708. ❗️Negative Sentiments in market. Watch 770 levels for a fresh entry. And do not bet big in these market conditions. Have your risk...