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 !!!
Nsestocks
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.
I am so foud of channels!!!5PAISA CAPITAL previously has shown many channels!
The breakout of which has always favoured bulls!
This time, the outcome can be in favour once again!
Long in it!
How Divergence was giving Adequate Warning - Adani EnterpriseDivergence has been very successful in Indicating a reversal well in advance. Of course, not all the indicated divergences resulted in successful price reversal. But Divergence on larger timeframe means at least be cautious !! Most of the traders who trade divergence combine multiple indicators for confirmation, which is fine. But in my opinion never trade against a divergence, specially if it happened in a bigger timeframe/larger timeframe.
Which indicators can be used for divergence ?
Most of the divergence indicators are based on oscillators and the idea is to find divergence between price movement in the chart vs the oscillator. Following are examples of some indicators which can be used to determine divergence:
RSI
MACD
Stochastic/Stochastic RSI
OBV
CCI
Aroon
Willian %R
(Please let us know which indicator do you use for divergence, if it's not in the list)
My indicators are mostly based on RSI and MACD and no one needs any fancy indicators to determine divergence.
Examples of Some Divergences
ADANI GROUPS
Adani Ent (specifically) was showing an extreme divergence on daily chart recently, even much before all these controversy was on!! Please look at all the three oscillators in comparison to price chart. There were enough divergence to stay away from all the longs. Now, switch on to weekly for Adani !!!!!
(The red color change in the first divergence indicatot is noting but RSI overbought zone)
Now, tell me, wasn't there an like never before weekly divergence??? Adani was all set to burst since 19 Dec 2022 weekly candle.
NIFTY CHART - (DAILY )- BULLISH & BEARISH IN ONE CHART
Please have a look into this -
The first divergence is bullish and second one is bearish !! How beautifully captured. Now you ask, can a price reversal happen without divergences?? The answer is yes. But I would say, if there is a divergence, most likely price would move in favour or at least, if doubtful stay away !!!
The irony and the most wonderful thing about divergence, that people don't understand that, these divergences can be traded for a great risk reward ratio !!!
NIFTY : Tomorrow might not be buyer's day, at least first half !As per daily chart, levels of support have been indicated. At least on daily chart, tomorrow is not a positional buyer's dayl. But who knows, a quick drop to the levels of 17950-18100 zone give bounce in the second half
Ramco cement breakoutPVR Chart is is on strong weekly support.
Entry: above 738.4 based on volume profile
Stop loss: 719.25
Target : your R&R ratio
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. please consider it as a lerning
Eat🍜 Sleep😴 Job & swing Trade📈 Repeat🔁
Happy learning with Earning. Cheers!🥂
Axis bank multi year breakout and retestAxis bank Chart is recently breakout from multiyear resistance. and retestead that level also
Entry: near cmp
Stop loss: if close below 820
Target : as per your risk/reward ratio
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. please consider it as a lerning
Eat🍜 Sleep😴 Job & swing Trade📈 Repeat🔁
Happy learning with Earning. Cheers!🥂
HCLTECH - Short OpportunityHey guyz here is my small analysis for HCLTECH. One can take 1050 PE for December in order to get good returns
ASTRA MICROWAVE seems hot!!!This november, we saw the stock coming out of a rectangular consolidation!
Now, the stock is consolidating inside a rectangular structure!
Likely breakout is gonna happen on the upside if we keep sustaining above the 200-ema!
sector analysis plus 2 picks from same Sector analysis plus to 2 stocks to watch out for fresh long positional trade
learning video on how to go about
SALASAR TECHNOALL TIME HIGH #BREAKOUT#SALASAR
Wait for retest to enter
SL can be kept as trendline support
#CLEAN in uptrend, BUY#CLEAN in uptrend, BUY each dip (retracement). SL is recent last support and trail as it keeps going up making new supports.
TATAMOTORSELLO GUYS THIS MY IDEA 💡ABOUT TATAMOTORS is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
GRP LTD Double Bottom BreakoutThe idea here is about GRP LTD:
GRP Ltd is engaged in the production of reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, molded rubber products for different applications in both, tyre and non tyre rubber products..
1. Broken out of Ascending Triangle, Double bottom & retesting of support & neck level in progress at the time of publishing.
2. Trading above 20 & 200 EMA on daily chart.
3. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily chart is Strong for an upward momentum.
4. RSI is at 70.46 on a Daily Chart at the time of publishing.
5. MACD Way above signal line on daily chart.
6. Hull Moving & other moving average is a strong Buy on Daily, Weekly & monthly chart.
7. Wait for retest completion for long entry. However, keep in watch list for the week & alert for price momentum.
Projected targets as per Ascending triangle & Double bottom provided in the chart.
Stop Loss: provided in chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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