Moving Averages
Next bullish impulse aheadBuy stop order placed. On the last trading day the downward correction could be finished with the creation of this hammer candle. If the price breaks the Thursday's daily high we can expect the next bullish impulse to take place. This should last as well for a couple of days.
Meanwhile, all the moving averages are still bullishly aligned, indicating that the price could be ready for another move.
Long trade ahead?I've placed a buy stop above the last trading day's high. Bullish factors for this are:
After reaching the low on the 5th August, the price has formed a nice upward trend consisting of higher highs and higher lows.
We are now about to form the next higher low (this will be confirmed by a break of the last day's daily high).
The 30- and 50-day SMA are about to align bullishly.
Ready for a long trade?I've placed a BUY STOP order above the last trading day's high. The reasons :
If the last high gets broken to the upside, I expect a short-term turnaround of the price movement.
The simple moving averages should do a bullish crossover.
the privce could rise until the last high zone between 3.00 and 3.38 USD. With this the chart could form a cup & handle formation .
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Penny stock are Risky and Easy to Manipulate check the Fundamentals of Company before investing
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Penny stock are Risky and Easy to Manipulate check the Fundamentals of Company before investing
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
TBZ NSE MTF 12Y RBC BO- POSITIONAL TBZ JEWELLERS STOCK Analysis
TRADE PLAN (WTF Close Price for SWING /POSITIONAL)
ENTRY -298 25 to 50% Qty, Add 50% qty progressively DTF Close
SL -248
TARGET - OPEN, TGT02--581
Hold For a 2-3 Year or TGT 2
Chart Pattern :
STOCK Completed a RBC of 12Y closing above the previous ATH in Monthly TF.
INDICATORS EMA :
The Price is Currently Trading above 20EMA, and 20EMa above 50EMA in DTF. STOCK EMAs are currently in Ascending alignment, indicating of a bullish Trend continuation DTF/WTF.
FIBO/E :
Volumes: There is a uptrend in Volume on the Monthly Charts for a Year above the 20VMA
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses in the direction of your POV...
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
SWING IDEA - RUBYMILLSStock NSE:RUBYMILLS is currently at a Breakout Zone of 263 in the weekly timeframe. Also currently at its 52W High as well.
MACD line and Signal have a fair enough split between each other, which also indicates a good bullish momentum.
If market conditions are good, this stock should easily revisit its Swing High levels.
Point to note is: The stock needs to maintain weekly closing above 263 levels in order for it to start pumping upward.
SWING IDEA - XCHANGINGNSE:XCHANGING has been rallying since the last few months. Currently it is at a S/R zone of 128. We have to wait a couple of weeks to see if this will turn out to be a Support Zone or a Resistance zone.
If it turns out to be a good Support Zone, we also have a MACD crossover incoming and once the crossover completes, it can rally up the stock at least till its Swing High Levels.
Another point to note is while the Lower Low Pattern on Price Action and Higher High Pattern started forming in the April of last year, this is only the next MACD crossover we are going to see after that.
SWING IDEA - BCLINDNSE:BCLIND is currently at a good demand zone. The stock is about to close a gap which was created last March. Some good volume and market conditions and it should be able to close the gap by this week or next week.
It can start pumping up more and reach its Swing High levels once the Gap has been successfully closed. Company also has a strong 1Y Beta of 1.85.
MACD line and signal has a very good split which indicates strong Bullish momentum.
If market conditions are good in the coming days, this trade should not have any issues completing sooner.
SWING IDEA - DELTACORPNSE:DELTACORP has been forming a Lower Low Pattern on the Price Action, while the MACD seems to be forming a Higher High Pattern currently, which could indicate that this stock's Price Action could be reversed and start to form a Higher Higher Pattern too.
In addition, Delta Corp Reports Q1 Consolidate Net Profit At 216.8 Mln.
If all is well, we can start seeing the Price going all the way up to the next Support/Resistance zone.