SUMICHEM - Taking support at weekly zone, identified on Daily on 29-09-2024 Stock has given an explosive candle earlier showing good break above weekly supply zone. Now came down to retest the same zone so it can be a good opportunity to add with minimum margin of safety. Important levels and SL mentioned on the chart
Swing opportunities Standard IB setup Inside bar formed Looking good for 3/6 months Picked by NANU
IMPORTANT LEVELS - 1. 15400 zone : Strong demand 2. 14370/14400 zone : Very strong - DZ + Fibo level
Expecting a good move of 16/20% upside Reversal candidate Daily timeframe
Position - Long For 1/3 months Good risk reward ratio
View for next 3 to 12 months Can result in a great percentage Risk reward ratio looks pretty good DYOR
BreakOut after a 29 days long inactivity phase. Can expect more upside. Buy when it comes down for retesting the breakout zone. Decent risk reward ratio possible. DYOR
JSW Steel - either side trade opportunity If breaks out above TL, bullish If breaks down the zone, bearish Plant your trade accordingly
Potential Breakout candidate looks good for rally
Same level tested by the stock earlier as a support and then as a resistance. Recent break above that level opens up a swing trade opportunity for the risky players. DYOR..
for 6 to 24 months zones marked on the chart looks good on weekly chart potential breakout on monthly chart expected
Potential reversal candidate Low risk high reward setup Can enter at conservative or aggressive entry points
Looking good for a positional trade of 3 to 9 months We can expect higher levels in this
SWING TRADE Opportunity in Jindal Saw Basis - Breakout on 4Hour TF (also on Daily TF) Entry - Conservative : above 121 Aggressive : at CMP (117) Weak below 110 zone Expected levels would be 130, 140+, 145+
SWING Trade Opportunity JSL (2 hourly chart) Can expect 20/30/40 points rally from here Weak below 168/165 - Good breakout with adequate volume. - Trade opportunity with decent RRR. Good structure on daily chart as well.
Potential Breakout Candidate on WEEKLY TIMEFRAME It may breakout above the triangle levels mentioned on the chart
Accumulate near 750/800 for 1500 with 624 SL on week close multi year breakout
Volume analysis in IEX Volumes and daily candles in IEX explained