GRAPHITE INDIA ready for breakout and bull runGRAPHITE INDIA ,can be now a multi bagger stock if breakout sustains and investors looking for good investment oppurtunity can enter here as safe entry point.
those who are looking for 1-2 years of investment and good returns can enter in a SIP manner to avoid risk of major loss as volume increases investment amount can be increased.
NOTE: Enter only if strong breakup volumes are found
Nseindia
skm egg LONG 415 ZONE another stock with rising revenues and rising profits
stocks retraced quite a bit off all tiem highs and moving into ASM
Might be a while before stock really starts moving due to this factor , entering on fib retracements and support , can add at 395 , sl closing below 345 ill be gone
Nifty 50: Rally till 20,300-20,550 on chartsWeekly Review
When you see markets in uptrend you often wait for a colling off in a rally and I believe most of the people whom I talked in last two weeks are totally of the same opinion as well having a bearish view now but let me hold your horses here if you’re thinking the same way too. Nifty is not in an exuberant rally or a steep rally which often occurs as a spike but it’s on a clean Falling wedge pattern breakout post hitting 19,230 in august and so is the continuous rise in the Index since last few weeks where the last week itself contributed almost 1.88% with a gain of 372 points taking index to new highs of 20,222.
Week Ahead:
On Daily charts, the index stands strong with good volumes to continue its rally from current levels of 20,192, with nearest resistance at 20,297(20,300) and 20,500-20,550. Considering if any pause in the rally if occurs it can retrace till 19,993 and 19,792 which will be the key supports. Personally I don’t see any neutral to bearish view but a stable long until 20,300 atleast and a max 20,550 since the weekly charts are showing a clear bullish stance and a uptick in momentum reflective of much steam left in the markets.
INDOCO gave clear breakout have a lookIndoco remedies gave good breakout with rsi convergence signal as double confirmation.
can reach 420 as per the rule. Below 300 can be bearish reversal.
breakout with good volumes, everything explained on chart.
like and follow for more breakout patterns and investing ideas//thank you.
#ALOKINDS TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup on ALOKINDS on NSE
the setup is as follows
- the stock is in good uptrend
- right now in my view it needs retracement
- there is a imbalance which needs to get filled for further uptrend
- price broke the previous highs with good volume
dont play with fire, always use predefined stoploss
NDTV - DAILY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
CHART PATTERN!!!A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
The target in this case is the size of the cup.
The only problem that I see here is that a Cup & Handle is a continuation pattern!
But, here, we're looking for a reversal!
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Symmetric Triangle
📌 Symbol/Asset: Goldiam International
🔍 Description: Stock at pattern's strong support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Parallel Channel
📌 Symbol/Asset: Yes Bank
🔍 Description: Stock is bouncing from a strong support base.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
JM Financial Long Term View JM Financial is forming a Symmetrical Triangle and has also given Breakout.
Entry is at 85.50
Target is 192.30
Stop Loss is at 60.50
(Note:- This View is purely based on Technical Analysis and is for educational purposes only, please consult with your financial advisor before taking any trade).
#JPPOWER TRADE IDEA SETUP Greetings Folks,
today i have prepared a setup on JPPOWER on NSE
the analysis is as follows
- past few days this stock has been performing well
- following a dynamic support trendline
- currently testing a static resistance which is about to break
- if tomorrow opens gap up, wait for a retest for entry
dont play with fire, always use predefined stoploss
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Chemplasts
🔍 Description: Retesting strong Law Of Polarity zone, high probability of bounce back.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Descending Triangle
📌 Symbol/Asset: JMF Financial
🔍 Description: Multi-year break out of pattern.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Apex Frozen Foods Ltd (Apex) 🫳🏿 time now ??? Apex Frozen Foods Ltd (Apex) is an integrated producer and exporter of processed shrimps based in Andhra Pradesh, South India. The company has a capacity of 29,240MT.
In Q3-FY23, Apex experienced a 1% year-on-year decline in revenue due to reduced demand in key export markets such as the US and EU, as well as a supply shortage of specific-size raw materials.
Despite the decline in export prices, the company managed to maintain stable realisation year-on-year, helped by rupee depreciation. This is because the decrease in the export price in dollars was offset by the depreciation of the rupee.
Apex's future growth will be driven by its backward integration (hatchery), an increase in the newly-added capacity, and a larger contribution from value-added products.
The company has expanded its ready-to-eat (RTE) capacity from 5,000MT to 10,000MT and anticipates starting commercial production in Q4-FY23.
Apex is currently awaiting approval to sell RTE products from the new capacity in the European market. Europe currently contributes to only 18% of total revenue.
The company's earnings are expected to grow at a 45% Compound Annual Growth Rate (CAGR) over FY22-24.
Apex is currently trading at 9x 1Yr Forward Price to Earnings (Fwd P/E). The company is valued at 10x (3Yr Average=10x) on FY24 Earnings Per Share (EPS)
disc: Invested , first trance taken
SHREE RENUKA SUGAR BULLISH SWING REVERSAL NSE: RENUKA SUGAR formed symmetrical triangle chart pattern on weakly time frame supported with volumes. This weak volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.The stock has been moving along the horizontal support for the past few days which is indicating demand.#stockmarket #stocks #investing #trading #investment #money #finance #stock #invest #nifty #investor #business #sharemarket #financialfreedom #bitcoin #trader #cryptocurrency #entrepreneur #sensex #daytrader #stock #wallstreet #wealth #nse #forextrader #bse #stockmarketindia #daytrading
Potential Up Trend on Gland Pharma Ltd (NSE), Fib RetracementThis is my personal view that Gland Pharma Ltd ha very potential uptrend for coming future.
I tried to figure it out with the Fib Retracement with Anchored volume profile.
As I have noticed it retraced exactly from -1.618 (905.85).
Target 1.618, which is 3190.45
Let me know if you have different views..
Thanks for viewing.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Dhani Services
🔍 Description: Breakout of Law Of Polarity and retest
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.