After a CNH breakout and retracement,Zaggle broke out from a bullish Flag and Pole pattern. Keep this on your radar as a positional bet. SL is deep. Position size accordingly. This is just shared for educational purposes. Please consult with your financial advisor before trading. The market is very weak and election results are due, anything negative can...
#Newgensoftware. Looks promising. - At trendline support. - Good RR setup. -Pull-back volume is low. -Risk is 10% ❗️It is trading right below 50 DMA. ❗️Market is still sell on the rise. Trade with limited quantity. Most of the setups are prone to failure in such market conditions. Add this to your WL and study. The chart is shared only for educational...
It just broke out of consolidation. Looks good positionally. If 1968 is broken then can add further or look for fresh entry. The market is yet to give a clear indication of a reversal. So please trade carefully. The chart shared is only for educational purposes. Risk: 12.4% Reward: 24.6% RR: 1:2
For: - Darvas Box -Vcp -C&H -Potential Stage 2 Breakout. This is apt as a positional trade hence the SL is deep. Add 30-50% at breakout and add the remaining after a retest. Please study the chart and do your research. Please position the size properly since the SL is deep.
-Broke out of a base -Volumes picking up. Add at CMP and wait for a retest. Further addition or fresh entry is possible again if it breaks out from 120 level. Watch the Price action at that level. This is not a buy/sell reco. Please do your due diligence.
Watch the levels marked in the chart. Risk is close to 11% CMP: 212 This is not a buy/Sell recommendation. Please do your research before trading.
-Forming a Head and Shoulders. -Stock is in an uptrend. It is now trading very close to ATH. Watch the PA around this region and look for long positional opportunities once the stock crosses ATH(772).
Stock is aiming for a breakout. Trading right below a resistance. Watch out for a breakout for long opportunities.
#Tradeideas. #klayanjewellers. After a strong stage 2 uptrend, the stock is pulling back forming a Flag and pole. Trying to breakout of it. 🟢Trdaing right at 50 DMA. Formed a bullish Marabozu at 50 DMA. 🟢Bullish sentiments of Jewellery stocks around marriage season. 🔴 Q2 results around the corner. If the results are not as per the...
At this juncture cochin Shipyard offers good RR. From a deep price and Time correction, the stock formed a base and broke out of it and showing signs of reversal. A potential stage 2. The reasons for going long are as follows. -Stage 2 Breakout -Formed Double Bottom in DTF -Narrow Range candles with Dry Volume - Channel Breakout. Keep In mind: - Volumes...
-Forming C&H on DTF. - Volumes are drying up with narrow-range candles. -500 and 517 will act as resistances. -Can add more or look for fresh entry if it crosses 517. Please study the chart, do your research and consult with your financial advisor before investing.
-Good Volume. -Watch for the breakout. Entry and probable targets are mentioned in the chart. The chart shared is for educational purposes only. Please do your due diligence and risk management.
RVNL At a support level and forming multiple patterns. It offers good RR at this level. - Double Bottom -Cup & Handle -Trendline Breakout. -Candles were narrow right before a breakout and volumes were dry during the pullback. Positional SL is 13%, If you are an aggressive player then you can place the SL below 428. Adjust the SL and Targets as per your...
✅Stock is in Uptrend. ✅HH_HL structure intact. ✅Trading in a channel and not violating the channel yet. ✅Right at DMA and close to the bottom of the channel. ✅Offering good Risk to reward. ✅Dry volume when pulling back. ✅Bouncing from 50 DMA each time the stock retrace and close below 50 DMA. ❗️Bearish sentiments in the market....
#tradeideas #ITbees. Looks good for a positional medium-term play. -Nifty IT along with BN is supporting Nifty. -IT sector shows resilience in this market fall. - Positivity in US market (NASDAQ) - Easy to get in and out. Good liquidity. What could go wrong? - Overall bearish sentiments in our market. If NIFTY were to fall further, IT would follow suit. -...
-Trendline breakout with high volume. -Ideal entry missed -Now at another important resistance. If broken and sustained then there is scope for further upmove. -Volume picking up with price movement. -Dry volume during pull backs. -Good ROCE -Good ROE -Debt-free company. -Profit growth of 26.3% CAGR over last 5 years These are the reasons for picking this...
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...
#Dhani After a long downtrend, started the uptrend and is now at a 2-year resistance forming CNH. If broken out then this could be a potential stage 2 candidate. Keep on the radar as a positional pick. SL is very deep so position the size accordingly and manage the risk. The chart shared is just to notify you of this setup and is not a buy-sell recommendation.