OBEROIRLTY LONG
Price has a pullback in Upward Direction before it continues the DownTrend in the Higher timeframes Daily Demand to Daily Supply, Confirmation and Trade in 4H
Reward to Risk is favourable hence Long
ENJOY THE RIDE ! ! !
Nsestocks
OBEROIRLTY BUY
Source : Daily Demand
Destination : Daily Supply
Confirmation : 4H
Trade : Long
Entry : 931.80
SL : 917.45
TP : 981.10
RISK : 14.35
REWARD : 49.30
RATIO : 3.4
{JK CEMENTS}:{RISE OF 3% ALMOST THE END OF BUYING}.
Price has formed Wave 1, 2 and 3 and now is in Wave 4 as Wave 2 has retraced Wave 1 by 38.20% hence we are expecting Wave 4 (To be a A Complex Correction due to the Principle of Alternationa nd Wave 2 being a Simple Coeection).
Now Wave 4 is in formation and there is a Quarterly Supply which starts @ Rs. 3130.40
A small Buy Trade as per the Daily chart till the Quarterly Supply.
ENJOY THE RIDE ! ! !
{ZYDUS}:{DETAILED ANALYSIS USING ELLIOT WAVE NOMENCLATURE}
Wave 1 is complete, Here the Wave 1 is a Leading Diagonal which tells us the Wave 3 will be way stronger than what we come accross generally;
Wave 2 has retraced Wave 1 by 61.80% which is a Golden Ratio and Fibonacci goes perfectly with the Waves logic,
Now Wave 3 is forming
According to the Fibo Ext tool we have the 1.618 Golden Level giving us the Target for ZYDUS on the Long Run.
This Analysis is done in the Higher Timeframes so consider the time accordingly only,
{ZYDUS}:[{NOW COMES THE FALL OF 12.90%}]
Price has reacted to a Monthly Source Supply in the left side, Destination Demand is @ 454.50
We have a Confirmation in Daily hoping it is not a "False Breakout", the Reward to Rito ratio of 7:1, justifies the only little risk, or you can also wait for a confirmation in Weekly chart and enjoy Reward to Risk ratio 2:1
ENJOY THE RIDE ! ! !
ASHOK LEYLAND BULLISH CUP & HANDLE BREAKOUT | 1:2.5 RR | SWINGAs Nifty is trading above its resistance area, it looks like the growth is being pushed by AUTO and FMCG Sector.
AUTO Sector has recently broken out of its resistance area and it seems it will continue to go higher in upcoming weeks.
Checking out AUTO STOCKS, Ashok Leyland looks a good pick.
The price has broken out of its resistance area and is trading above Daily 200 EMA.
Also, the price has broken out a Cup and Handle Pattern, which is a bullish pattern.
Entry- 147.5
TARGETS
1- 154
2-160
STOP LOSS
For aggressive traders- 144
For conservative traders- 142
This is a SWING TRADE
Let me know in the comments section if you want me to analyse any other financial instrument.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
{INFY BACK IN ACTION} :(EXPECTED RISE 6.5%)
Price has reated to a Demand in Higher Timeframes, after reacting Price has violated a Daily Supply confirming an UpMove, post violating the Daily Supply Price has formed a Daily Demand and has reacted to it, Was a perfect buy for yesterday, expecting Price to reach the Resistance formed in the opposite @ 1355.00, therefore a total of 6.5% from CMP till the TGT of the trade.
ENJOY THE RIDE ! ! !
(JKCEMENTS): {READY TO SHOOT ANOTHER 4%}
Price has been in an Uptrend and will continue the same, Price has just given a pullback into a Demand syned into Weekly Daily and 4H, hence another 4% Upward.
ENJOY THE RIDE!!!
{ZYDUS LIFESCIENCE}:{(SHORT POSITION)FOR{4:1}}
After being in an UPtrend for a while now, Its correction time Price will retrace back to the Fresh Monthoy Demand and will again presume Buying for long term, Investment Traders can book their Profits and add again when Price reaches the Monthly Demand.
ENJOY THE RIDE !!!
The Brackets come naturally bein a coder!!!
ADD THIS TO YOUR INVESTMENT PORTFOLIO!!!
Price has confirmed an Uptrend after violating a Monthly Supply and now is reacting to a Quarterly Demand which should take around a years time to achieve the benchmark of 4:1, the exit is tricky and if not exited @ given target profits may decline rapidly.
This trade will help u increase your savings, as its gonna take a years time due to Price coming from a Quarterly Demand!!!
ENJOY THE RIDE!!!
IIFL Finance LtdNSE:IIFL BSE:IIFL
Trade set-up on daily timeframe
Gains: 15%
*Not a financial advice.
My charts speaks louder than words.
I'm a chartist and I paint charts.
Coal India Ltd NSE:COALINDIA BSE:COALINDIA
Flag pole trade set-up
Gains: 4%
*Not a financial advice.
My charts speaks louder than words.
I'm a chartist and I paint charts.
POSITIONAL EQUITY TRADE FOR REWARD : RISK 5:1
Price has changed the Trend upwards and has a buying confirmation, hence expecting an Impulsive Move Upward till the Opposite Quarterly Supply.
ENJOY THE RIDE !!!
Havells India NSE:HAVELLS
Setup for range trading
Two trades each with 7% gains.
Duration: 2-3 months each
*Not a financial advice.
My charts speaks louder than words.
I'm a chartist and I paint charts.
Dish TV - 34% Growth Expected In Coming Few DaysThe Price action is forming an Inverse Head And Shoulder with neckline of 16.5. Price is already above 200 Daily Moving Average. Media Sector may breakout soon which can push the prices of DISH TV higher.
Once the daily candle closes above, a Long can be initiated
Stop Loss- Below the lows of breakout candle with some buffer
Targets-
1. 19
2. 22.3
Place stop loss to entry once target 1 is achieved.
Always follow Risk Management and Position Sizing.
Hindustan Copper- Bullish | 25% growth expectedThe price was consolidating in an Inverse head and shoulder pattern near the daily support areas.
The price broke out of the neckline, which is the first sign of bullishness. After the breakout on 2/5/23, the next day price even retested the neckline which confirms the pattern breakout. On 4/5 price advanced further and now facing resistance near 108 horizontal resistance and 200dma.
Once daily closes above 200dma and 108.5-109 horizontal resistance, go long.
Stop Loss- Below the lows of breakout candle with some buffer.
Targets
1. 121
2. 131
Remember to keep trailing your stop loss and move stop loss to entry once Target 1 is achieved.
Also, do follow Risk management and Position Sizing.
Titan Company LTD NSE:TITAN
Even though TITAN is hyped on daily timeframe, since it has declared rise in it's consolidated profits by 49% over the previous year, a rally can be expected. But to be on safe side, 3% with 20-25 days isn't bad. If it breaks out the previous top, hold for 10% gains minimum. But not without the support retest i.e. the previous top.
*Not a financial advice.
My charts speaks louder than words.
I'm a chartist and I paint charts.
{INFO EDGE(NAUKRI) } : (TAKING A LAST DIP)
Price is in a Fresh Weekly Supply which has violated the opposite Weekly Demand which signifies more sell orders in the Current Weekly Supply
Reward to Risk ratio is 3:1, Hence short position.
{HDFC AMC 4:1 May Fut}
Price has reacted to a Weekly Demand has given a confirmation in upward direction by violating a 4H Supply and forming a Fresh Daily Demand in which we are buying for a Reward of 4 againts the risk of 1.
🇮🇳 DHANI TREND BREAKOUT For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
#banknifty look good on both side $BANKNIFTY1! global data seen negative
but we need to prepare on both side movement
we need to see global market closing at the morning
1) if positive we short Banknifty or buy PE at 42000 nearby level
2) and below level we taking PE by trialling stop loss
3) if sustain above trend line we buy for the target at upside
NSE:NATIONALUM looks long towards 87.2NSE:NATIONALUM looks long towards 87.2. On SMA level buying price RANGE 84 and looks first breaking point 87
#linc #nsestockstobuyIts breaking 2018 high. I think it is best for further next move I have done my strategy check with your strategy. Must take stop loss before buy.
