sagartharayil

sagartharayil

Nifty closed right at an important support. Now the likelihood of Nifty pulling back to 200 DMA( around 23550 range) and 23300 level is high. 23300 region have a trendline support as well, if we did not get any reversal from there and the trendline is broken then possibility of Nifty going to 21800 will increase. As of now, no point in attempting to find...

sagartharayil

#Tradeideas #motison- After the split the stock is setting up and trying to break out of base. Watch the PA closely. Safe traders wait for a close above 34. -SL is deep around 15%. So position size accordingly. - Not a time for big bets yet. - Do your due diligence and protect your capital, please do not be complacent. Trade Safe! Market Cap---₹ 3,244...

sagartharayil

#Tradeideas. #KIMS. 🟢Base on the base pattern. 🟢Trading above 50 DMA. 🟢Good Q2. 🔴Overall Negative sentiments in the market. Levels marked in the chart. Please do your due diligence before initiating a trade. Market Cap---₹ 22,814 Cr. Current Price---₹ 570 Stock P/E---68.8 ROCE---16.9 % ROE---17.6 %

sagartharayil

#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.

sagartharayil

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...

sagartharayil

#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. ...

sagartharayil

✅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...

sagartharayil

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...

sagartharayil

#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.

sagartharayil

💡#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...

sagartharayil

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...

sagartharayil

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...

sagartharayil

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.

sagartharayil Updated 

✅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...

sagartharayil Updated 

✅Trading above key DMAs ✅Consolidating above 50 DMA. ✅Forming inside candles ✅Contracting Right at 50 DMA a ✅Trading near ATH ❗️Bearish sentiments in the market. ❗️Deep and prolonged pullback after each upmove. ▶️Market Cap---₹ 5,378 Cr. ▶️Current Price---₹ 450 ▶️Stock P/E---76.6 ▶️ROCE---14.3 % ▶️ROE---12.1 % Early entry with a limited quantity is possible...

sagartharayil

It is so funny, the more you watch the more pattern you see in NIFTY 50. Reminds me of our childhood where we used to see different shapes and forms up in the clouds. Nifty is trading on a trendline from Jun 2022. So far it has been respecting that trendline. 23300 range could act as a good support if Nifty reach that level. Let us watch if Nifty is reversing...

sagartharayil

✅Technically Good. ✅Trading Above 50 DMA ✅Did not fall much in this market correction ✅Stock is in an uptrend Higher High- Higher Low structure Intact. ✅Forming A VCP, Cup & Handle in DTF. ❗️Overall Market is weak ❗️Nifty Pharma is a little bit stretched and trading below 50 DMA ➡️Market Cap---₹ 4,410 Cr. ➡️Current Price---₹ 440 ➡️Stock...