#Kaynes Technology. Looks good for a Swing. Entry: Buy Small quantities in CMP(6547) Stop Loss (SL):Marked at ₹5,806.30, Target (T1): ₹7,697 ✅Channel Pattern: The price is moving within an ascending channel, respecting both the upper and lower trendlines. The recent pullback appears to have tested the lower trendline support, followed by a bounce. ✅The...
Observations: Fundamentally decent. Now at a support Zone and bouncing. Wait for the entry to trigger. Could add small quantity for long term. Entry Point:Marked at 741.40, indicating the suggested level to enter the trade. Stop Loss (SL):Marked at 660, specifying the maximum acceptable loss for the trade. Targets:T1: Around 902.35. T2: Around 947.80. These...
Stock Analysis: UNIVASTU INDIA LTD Trend: The stock is currently in an uptrend. Breakout: It has successfully broken out of an ascending channel. Pattern: Forming a Volatility Contraction Pattern (VCP). Volume: The breakout is accompanied by high volume and a wide-range bullish candle. Entry Point Trigger: Above ₹302. Confirmation: Wait for a daily close above...
Stock: Firstsource Solutions Ltd. 📎Chart Pattern: Ascending channel with a recent pullback. ✅Key Levels:Entry: ₹380.35 ✅Target (T1): ₹423.10 ✅Stop Loss (SL - Closing Basis): ₹344.70 📎 Observations: ✅Stock is consolidating within a rising channel and has bounced from its lower trendline. ✅The 50DMA(Green) and 200DMA(Yellow) are acting as strong supports,...
Stock: Jash Engineering Ltd. Chart Pattern: Breakout from a consolidation range. Key Levels:Entry: ₹655.5 Stop Loss (SL): ₹545.10 Expected T1: 777 Observations: - Strong bullish momentum with a 10.23% move today. -Price consolidating and forming a base -Above key moving averages. -Resilient in Bearish Market -Volume spike indicates strong buying...
C2C Advanced System. A recently listed IPO, broke out of IPO high and after a continuous bull run now consolidating and forming a base. Watch for base breakout. It looks good positionally. 🟢Entry: 926.5( Preferably wait for a day close) Enter with 30% and wait for a retest. 🟢SL 779(Day Closing Basis) 🟢Target: 1146+ 🟢RR: 1:1.5 ⚠️ The broader market is bearish....
Breakout Alert: Price breaking out of a long consolidation range and retested.. Current Price: ₹1015.45, showing strong momentum. SL at ₹828.10. Moving Averages: 30 SMA at ₹836.48 (acting as dynamic support). 200 SMA far below, indicating a long-term bullish trend. Volume Surge: Bullish breakout confirmed with higher volumes. Trend Outlook: Potential upside as...
#Megasoft. ⚠️Risky bet Technical. - Trying to break out of a prolonged consolidation. -Closed right below a previous resistance. -The past few trading sessions price has been moving up with increased volume forming bullish candles. 🟢Entry Above-108. 🟢SL- Short term- 96- closing basis. 🟢SL-Positional,- 83, is very deep so trade very light. 🟢Target...
📊 Stock: Anant Raj Ltd. 📅 Timeframe: Daily Chart 🚀 Breakout Alert! Key Observations: Breakout Zone: The price has recently broken out of a consolidation range (highlighted in the green box). The breakout appears clean with a strong bullish candle, indicating upward momentum. Entry Point: The suggested entry level is marked at ₹874.90 (highlighted with a...
-Trading right below a resistance. -Volume spikes with price movement -Close to previous ATH -After a brief upmove stock pulled back and now trying to break a resistance. Entry: 769 T1-849 Positional Target: 1056 Safe traders wait for a close above 850( ATH) for entry. SL 666 Closing basis. The market is weak and breakouts are susceptible to failure. So...
📈 Stock Analysis: Indian Telephone Industries Limited (ITI) - Daily Chart 📊 🟪Setup Overview: ➡️Entry Zone: ₹408.65 ➡️Current Price: ₹379.20 ➡️Stop Loss: ₹323.70 (Closing Basis)-Deep SL. Manage risk and position size properly. ➡️Target 1: ₹501.20 ➡️Probable Long-Term Target: ₹718.85 🟪Key Observations: ➡️Volume Spurt: Recent bullish candles are accompanied by...
Transraill is aiming for a breakout from it's IPO base. 605 are crucial. -Entry 605. Safe Traders Wait for a close above this level. -SL 562 Closing Basis. Lot of newly listed companies are showing promises. I will try to post the charts later. This is apt as a positional pick and better to add it in parts. Wait for the breakout to sutain and then wait for a...
Key Levels: Entry Level: ₹178.72 (Breakout level above the resistance). Stop Loss (SL): ₹147.80 (Below the consolidation zone's support, ensuring risk management). Target 1: ₹215 Target 2: 243 Strategy: Entry Confirmation: Wait for a daily close above ₹178.72 with strong volume to confirm the breakout. Risk-Reward Ratio: Favorable, as the potential upside to...
Very Risky Bet. Stock tends to hit LC UC. If you are poor at Risk Management then avoid. Or trade very Light. Key Levels: Entry Level:₹223.34 is marked as the ideal breakout entry point for a long position. Stop Loss (SL):₹188.34, a critical level for risk management, where positions should be exited if the price moves below this point. Target (T1):₹249.07,...
Key Levels: Support Zone:₹915.75 is the critical support level, below which the trend could turn bearish. Entry Level:₹1,012.65 is the suggested entry point, marking a potential breakout above the consolidation zone. Targets:T1: ₹1,091.95 (short-term target). T2: ₹1,159.65 (medium-term target). T3: ₹1,323.20 (long-term target). entry-level The stock has...
Vishal Megamart Entry Zone:The stock has broken above the resistance level of ₹115.00, marking the entry point as it closes higher on a bullish day. This indicates strong momentum. Stop Loss (SL):A standard stop-loss level is set at ₹107.68 (purple line). This ensures protection in case of price reversal. There is an additional closing basis SL at ₹99.67. This...
Lupin - Daily Time Frame Analysis 📈 1️⃣ Breakout Alert Lupin broke out of resistance at ₹2322.5 with strong volume, forming a Three White Soldiers candlestick pattern. The breakout is sustaining, trading above the breakout level for the past two days. Trading Strategy 1: 📌 Entry: ₹2377 🎯 Medium-Term Target: ₹2677 🛑 Stop Loss (SL): ₹2114 (closing basis) Trading...
Sinclair Hotels Ltd. – IPO Base Breakout in Progress 🏨 Key Insights: 1️⃣ Breakout Potential: The stock is testing the April 2024 resistance level and is on the verge of an IPO base breakout. A confirmed entry above ₹138.5, preferably after a day-close confirmation, strengthens the setup. 2️⃣ Volume Surge: Recent sessions have witnessed 5x volume spikes,...