Wait for a close above 258. Volumes are picking up with price movement. Risky trade as the stock tends to give deep pullbacks. At present, the breakout candle is forming an upper long wick. Safe traders wait for a close, deploy 30-40% now and wait for a retest to deploy the rest.
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---₹...
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...
Watch #windmachin: It looks good Technically. - Resisting the broader market sell-off. -Moving up backed by volume. -Trading well above all key DMAs. -Low Debt company. ❗️Poor ROE, ROCE. ❗️Poor Sales ❗️Weak Market sentiments. Watch for a trendline breakout or a retest of the previous breakout base. It's a little bit stretched as of now. Add to your WL...
-Good Volume today. -Forming inverse H&S pattern. -Dry volume when pulling back. Watch for a breakout above 214. SL is very deep for positional players. Position size accordingly. Aggressive players can try placing SL below today's candle (196-day closing basis). The market is on a downtrend. The chances of fake breakouts are very high. Please do your due...
After a stage breakout, Gokul Agro pulled back and Forming a rounding bottom and aiming for a fresh breakout. Keep it on your radar. #gokulagro #InvestSmart
#Doms at a channel support. Watch the levels. The market is fragile keep that in mind. CMP: 2727.45 The chart shared is just for educational purposes.
Watch for a breakout of the base. It looks good for building positions. Risk is 20%+ tweak the SL as per your risk appetite. Position size properly since the SL is very deep.
Is this a Bull Trap? Will Nifty Create a new ATH next year or will it come crashing down? Scenario 1: Nifty breaks out of 25200, consolidates a bit and begins the upward journey. Scenario 2: Nifty breaches 25200 and gets all the hapless retailers onboard the Bus before plummetting to 22000. What are your thoughts? Which scenario is more likely to happen?...
-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...