-Good RR setup. -Bouncing from a support level with Volume. -Formed a bullish engulfing candle. -Broke out of Trendline. -Double Bottom at support level. Overall, it's good for a swing. This is not a Buy/Sell Recommendation. Please do your due diligence. Risk- 15.4% Reward: 29.8% RR- 1:1.9
Good for a swing trade. Levels are mentioned in the chart. This is not a buy/Sell recommendation. Please do your due diligence before attempting a trade.
Watch #M&M. -Forming Double bottom on DTF. - New car launches #MahindraBE6e #MahindraXEV9e can bring in some positive sentiments. The chart is shared only for educational purposes. This is not a Buy/Sell Recommendation.
Good pattern, good volume and a good candle. Entry from cmp - up to 1450 range. Risk 12% from CMP. Reward 25% RR: 1:2 This is just my view. Please do not treat this as a Buy/Sell Recommendation.
✅Bullish Engulfing from support levels. ✅Good Volume ✅Dry volume when pulling back. ✅Trading above Key DMAs. ❗️Positional SL is very deep(20%)- Adjust SL as per your appetite and position sizing technique. Position sizing is very important if you are building positions. Aggressive trader's SL after the breakout is 761 closing basis. The view is personal....
Nationalaluminium- add to your Watch List. ✅Good pattern- Forming VCP, inverse H&S ✅Stock in an uptrend. ✅Resisted the overall market fall ✅Never fell below 50-200 DMAs while many stocks were trading well below that in this correction. ✅Volumes are picking up now. ✅3 White soldiers on DTF. This is a good positional long-term bet. Accumulate or...
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
#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....
Good pattern. ✅Stock is trading inside a channel ✅Stock is in an uptrend. ✅Picking good volumes on the way up. ✅Trading above key DMAs. ✅Group movement in the pharma healthcare sector. CMP: 683. One can accumulate from CMP or watch for a breakout of the channel. Understand the risk involved. The market moving up today very well could be a trap, to lure the...
#Tradeideas #Medicoremedies. Broke out of Cup & Handle and retesting. Potential Swing candidate. Keep on Radar. Chart shared only for educational purposes. This is not a buy/sell recommendation. #investing #trading
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...
- Good volume -Trading above key DMAs. -Group movement in the pharma and healthcare sector. Safe traders: Wait for a retest or add 30-50% now and add the rest after the retest. SL 265 closing basis. Deep SL. So position sizing and risk management are imperative. Risk per trade is Around 18% RR: 1:1.2 Aggressive traders: Can try going long above today's...
-Technically good, breaking out. -Good Volumes. -Broke out of Parallel channel. -Forming a good pattern. Extremely Risky. Very good chances of breakouts failing. Please do not trade based on my view. The chart is shared to alert you of a probable good setup. Trade at your discretion. Don't be fooled by today's upmove in the market. We need more confirmation....
Reliance broke down from support and gave a weekly close below that support. Looks bearish to me. The next stop could be 1100. If market is to fall further then this will be an ideal shorting candidate. If the markets were to reverse from here and we get a close above 1300-20 levels can try a long position and add small quantity. This is just a view and not...
VCP, Double bottom. Looks good technically. Consolidating with dry volume. Can be a good positional bet. Please study the chart. This is not a recommendation.
- Looks very bearish. -LL-LH structure. -Broke down of the base- Implying stage 4. - Broke down and aiming for a close below 200DMA in DTF. -50 is a weak support region - If 50 is broken and closed on a weekly basis. Probability of testing 37-35 Increases. This is shared just for educational purposes and is not a Buy/Sell recommendation
#kpittech - At a crucial Support region. - Fell out of the rising wedge with huge volume. -Fell out of a base with huge volume. Implying a potential stage 4 - Support zone tested several times. - Stock used to trend smoothly taking support at 200 DMA. Which is broken now. - 1300 levels are not held then the possibility of testing 1K...
#Tradeideas #tatamotors : Just to appease the bottom fisher inside you one can try going long at this juncture. Tata Motors at crucial support. Forming a green candle at that region, could be a potential reversal. Entry is possible at this stage with a small quantity. More like a probe quantity. Do not risk more than 5% in this trade in my opinion. If we...