Indianstocks
SOUTHBANKHi guys,
In this chart i Found a Demand Zone in SOUTHBANK CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
VIPCLOTHNGHi guys,
In this chart i Found a Demand Zone in VIPCLOTHNG CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
SWING IDEA - CRAFTSMAN AUTOMATIONConsider a potential swing trade opportunity in Craftsman Automation .
Reasons are listed below :
Strong Support at 3700-3800 : The stock has established a solid support level in the range of 3700-3800, formerly a resistance zone, indicating a significant shift in market sentiment.
Bullish Hammer Candlestick : A bullish hammer candlestick observed on the weekly timeframe suggests a potential reversal and uptrend, signaling increased buying interest and bullish momentum.
0.618 Fibonacci Support : Finding support at the 0.618 Fibonacci level strengthens the bullish case, providing a strong foundation for potential upward movement.
Constant Higher Highs : The stock has consistently formed higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains.
Double Bottom Pattern : A double bottom pattern has formed on the daily timeframe, indicating a potential trend reversal and adding further confirmation to the bullish outlook.
Target - 5440
Stoploss - weekly close below 3700
Disclaimer :
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - AEGIS LOGISTICS
Aegis Logistics , with its robust market presence and expertise in logistics and supply chain solutions, presents an attractive opportunity for swing traders.
Reasons are listed below :
Cup and Handle Pattern : Aegis Logistics is exhibiting a classic cup and handle pattern, suggesting a potential bullish continuation.
Breakout and Retest : After multiple tests, the stock broke above the crucial 400 level and has now retested it successfully, indicating strong buying interest and potential upward momentum.
Bullish Marubozu Candle : A bullish Marubozu candle on the weekly timeframe, engulfing four previous weekly candles, signals strong buying pressure and potential upward momentum.
Attempt to Breach All-Time High : Aegis Logistics is attempting to breach its all-time high, indicating strong upward momentum and potential for further gains.
0.5 Fibonacci Support : Finding support at the 0.5 Fibonacci level reinforces the bullish outlook, providing a strong foundation for potential upward movement.
Breakout from Consolidation : The stock has broken out from a consolidation phase lasting over three years, suggesting a significant shift in market sentiment and potential for sustained movement.
50 EMA Support : The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias.
Increased Volumes : Notable increase in trading volumes reflects heightened market interest and potential accumulation by investors, adding confirmation to the bullish thesis.
Target - 520 // 600
Stoploss - weekly close below 380
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Advanced Entry setup on Advanced Enzyme Ltd.Advanced Entry setup for Advanced Enzyme?
ABOUT
Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes. The Co. is the 1st Indian enzyme company with 2nd highest market share in India. It is the 2nd listed integrated enzyme player globally.
FUNDAMENTAL
Since we are looking at the weekly chart, it becomes very important to check the fundamentals.
• Company is almost debt free.
• Company has been maintaining a healthy
dividend payout of 20.9%
• OPM % increasing you
• Cash Flow positive
• FII and DII increasing shareholding.
TECHNICAL
• On a weekly TF, we can see a cup and handle pattern and the formation is completed.
• Increasing volumes are increasing the chances of a breakout
• RSI is at 60, indicating a potential buying strength and is not overbought.
• Trading above 50, 100 and 200 EMA indicating bullishness.
ENTRY, EXIT, TARGET, STOPLOSS
- If you are a risky trader you can buy some qty at the CMP or above previous day high and add more on breakout.
- If you are a risk averse trader then buy some at breakout and more at retest.
- The safe buying zone is above 424 and little aggresive players can add above 410.
- Since the duration of holding is around 6 - 9 months, don't place SL, but if you want to then SL should at 350.
- Target 1 is 480, Target 2 is 570
Happy Trading :)
Advanced Entry setup on Advanced Enzyme Ltd?Advanced Entry setup for Advanced Enzyme?
ABOUT
Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes. The Co. is the 1st Indian enzyme company with 2nd highest market share in India. It is the 2nd listed integrated enzyme player globally.
FUNDAMENTAL
Since we are looking at the weekly chart, it becomes very important to check the fundamentals.
• Company is almost debt free.
• Company has been maintaining a healthy
dividend payout of 20.9%
• OPM % increasing you
• Cash Flow positive
• FII and DII increasing shareholding.
TECHNICAL
• On a weekly TF, we can see a cup and handle pattern and the formation is completed.
• Increasing volumes are increasing the chances of a breakout
• RSI is at 60, indicating a potential buying strength and is not overbought.
• Trading above 50, 100 and 200 EMA indicating bullishness.
ENTRY, EXIT, TARGET, STOPLOSS
- If you are a risky trader you can buy some qty at the CMP or above previous day high and add more on breakout.
- If you are a risk averse trader then buy some at breakout and more at retest.
- The safe buying zone is above 424 and little aggresive players can add above 410.
- Since the duration of holding is around 6 - 9 months, don't place SL, but if you want to then SL should at 350.
- Target 1 is 480, Target 2 is 570
Happy Trading :)
SIWNG IDEA - MOTHERSON SUMI The current market conditions suggest a favorable buying opportunity in MOTHERSON SUMI , presenting astute investors with the possibility of capitalizing on potential gains.
Reasons are listed below :
Following rigorous testing at the 98 levels, the resistance has shown signs of weakening, heightening the likelihood of an imminent breakthrough.
Stock is in Uptrend i.e higher highs are being made.
Price moved from 62 to 103 and then retraced till 0.382 Fibonacci level and is now breaking out.
Price is above 50 and 200EMA i.e the trend is intact.
Target - 123 // 134
StopLoss - Weekly close below 90
SWING IDEA - ACCACC has recently emerged as a focal point of interest, presenting a promising buying opportunity when analyzed through the lens of technical indicators.
Reasons are listed below :
The 2080 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels.
A bullish marubozu candle is formed on daily timeframe.
0.382 Fibonacci support.
Broke strong consolidation of 308 days.
The stock price is above 50EMA and 200EMA i.e the trend is intact.
Target - 2397 // 2635 // 2777
StopLoss - Daily close below 1970
SWING IDEA - FINOLEX INDUSTRIESWith a rich legacy and a strong foothold in the industrial sector, Finolex Industries emerges as an intriguing candidate for swing traders seeking opportunities in the market.
Reasons are listed below :
Breakthrough Attempt: After multiple tests, the stock is attempting to break through the critical 240 level, signaling a potential bullish breakout.
Bullish Marubozu Candle: A bullish Marubozu candle on the weekly timeframe signifies strong buying pressure and potential upward momentum.
Candlestick Engulfing Pattern: This week's candle has engulfed the previous eight weekly candles, indicating a significant shift in market sentiment towards bullishness.
50 EMA Support: The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias.
0.618 Fibonacci Support: Finding support at the 0.618 Fibonacci level strengthens the bullish case, suggesting a solid foundation for potential upward movement.
Constant Higher Highs: The stock has consistently formed higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains.
Target - 300 // 325
Stoploss - weekly close below 203
Disclaimer :
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - INTELLECT DESIGN ARENA Intellect Design Arena , a leading financial technology company, presents a potential swing trading opportunity based on several technical indicators.
Reasons are listed below:
Breakthrough and Retest of Resistance Zone (850-880) : The 850-880 range was a significant resistance zone. The price has broken through this level and is now retesting it, indicating a potential continuation of the upward trend.
Bullish Hammer on Weekly Timeframe : The recent formation of a bullish hammer candle on the weekly chart suggests a potential reversal from the downtrend, indicating strong buying pressure at lower levels.
0.382 Fibonacci Support : The price is finding support at the 0.382 Fibonacci retracement level, a key support zone that suggests the potential for a bounce and continuation of the uptrend.
50 EMA Support on Weekly Timeframe : The stock is trading around the 50-week exponential moving average, providing strong support and indicating a positive long-term trend.
Higher Highs Formation : The stock has been consistently making higher highs, indicating a sustained uptrend and ongoing bullish sentiment.
Gradual Increase in Volumes : There is a noticeable gradual increase in trading volumes, which often confirms the strength of the price move and indicates growing investor interest.
Target - 1100 // 1200
Stoploss - weekly close below 835
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - VARROC ENGINEERING Varroc Engineering presents a compelling case for a potential swing trade, backed by several key indicators.
Reasons are listed below :
After multiple tests, Varroc Engineering broke through the crucial 500 level and is now retesting it, indicating a potential shift in market sentiment.
A doji candlestick formation on the weekly timeframe and a bullish marubozu candle on the daily timeframe suggest indecision followed by strong bullish momentum, respectively.
Varroc Engineering demonstrates a clear uptrend, marked by a series of constant higher highs, indicating bullish momentum in the stock.
Finding support at the 0.382 Fibonacci retracement level suggests a healthy correction within the broader uptrend, providing a favorable entry point for traders.
The stock price is currently trading above both the 50 and 200 Exponential Moving Averages (EMA) on the weekly timeframe, reinforcing the bullish bias.
Varroc Engineering has recently broken out of a consolidation phase lasting over four years, signaling a potential continuation of the uptrend.
Target - 620 // 655 // 830
StopLoss - weekly close below 455
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
HDFC BANK _ Next Target is 1994 rupees (0.6 Fibonacci Extension)HDFC Bank is approaching its all-time high. If it Breakout above the resistance level, HDFC Bank could reach a New All-Time High, with the first target at 1994 rupees (0.6 Fibonacci extension level). The second target is 2385 rupees (100% Fibonacci extension). This is a Long-Term projection, so it is important to follow trend continuation techniques.
I want to help people to Make Profit all over the "World".
KM SUGAR a Good Pull back play hereCame across this stock which is its Stage 2 Advance
- Good Earnings
- Positive OBV which shows that the stock is being accumulated by big hands
- RS ( Relative Strength) - Performing better
Nice Tightening up with low volume a stop limit buy with 5% risk looks like a call !
** Not a Financial Advice. **
** DYOR **
#KRISHCA - Nice range breakout supported by volumes!#KRISHCA
This #SME stock is in my watchlist!
Nice range breakout supported by volumes!
Stoch has been in consolidation since a good period and breaking out with volumes today.
The measured target can be 50% post the candle high break of the daily candle which confirms breakout.
SOLARA ACTIVE PHARMA LONG TERM VIEWSolara Active Pharma is forming a rounding bottom formation or W pattern on Monthly TimeFrame.
The Entry and Stoploss would be considered on Candle Closing Basis.
Entry - Above 470
Stoploss - Below 273
Target - 1509
( This Target would be achieved in 2 years max from the date of entry).
NOTE:- This view is purely based on Technical Analysis and is for educational purposes only. Please consult your financial advisor before taking any trade
A good time to accumulate HFCL?• HFCL is trading at around it's all time high.
• The fundamentals are quite good.
• A breakout on February failed and the prices fell and since February it was trading in a range.
• Finally on 12th June it broke out with promising volumes and now has come down to retest it's breakout level which is between 108.80 - 111.50.
• One can observe the markets tomorrow and plan their entry. Although an entry around 113.50 - 114 should be more convincing.
• Buy and hold it. If the prices fall down, if you can't handle the risk, exit and buy on dip at lower level.
• On dips, first buying zone is around 90. The second is around 84-82.
• Invest doing your own analysis. Thanks