Get started

Positionalview

MEGHMANI ORGANICS LTD - LONG TERM STOCK - MY VIEW ✅✅✅The 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
NSE:MOLLong
by Tradelikemee
FORMATION OF DOUBLE BOTTOM: PRAJ IND1. Identifying the Downtrend: A downtrend is characterized by a series of lower highs and lower lows. Upon analyzing the price chart of Praj Industries, it's evident that the stock has been declining over a certain period. This downtrend is marked by a consistent pattern of lower highs and lower lows, indicating selling pressure and overall bearish sentiment in the market. 2. Double Bottom Formation: e observe the formation of a double bottom pattern within this downtrend. A double bottom pattern is a bullish reversal pattern that typically forms after an extended downtrend and signifies a potential trend reversal. In the case of NSE:PRAJIND , we identify two distinct troughs (bottoms) formed at approximately the same price level, separated by a peak (intermediate high). This formation suggests that selling pressure may be waning, and buyers are stepping in at the same support level twice, indicating a potential shift in sentiment from bearish to bullish. 3. Confirmation and Trade Setup: To confirm the validity of the double bottom pattern and initiate a trade, we look for a breakout above the neckline. The neckline is drawn by connecting the highs between the two troughs of the double bottom pattern. Once the candle closes above the neckline, it serves as confirmation of the pattern completion and signals a potential entry point for a long trade. 4. Target Projection: The target for the trade can be estimated by measuring the distance from the lowest low (bottom) of the double bottom pattern to the neckline. This distance is then added to the breakout point (the neckline) to project a potential upside target.
NSE:PRAJINDLong
by VanshikaUdeshi
Follow-Up Analysis on FSL: Confirmation of Pennant BreakoutBuilding upon the analysis conducted yesterday, it is observed that NSE:FSL stock has successfully experienced a breakout upside from the Pennant pattern. Today's price action has confirmed the Pennant pattern breakout, signaling a continuation of the prevailing uptrend. The breakout is characterized by a decisive move above the upper trendline of the Pennant, validating the technical analysis shared in the previous report. Target Projection: The target for this trade can be estimated by measuring the height of the pole formed before the Pennant pattern. The pole is the strong, vertical price movement that precedes the consolidation phase. To calculate the target, this measured distance is then added to the breakout point. To protect against adverse price movements, a strict stop-loss order should be implemented. The stop-loss level is determined based on the characteristics of the Pennant pattern and should be placed just below the lower trendline of the pattern.
NSE:FSLLong
by VanshikaUdeshi
2
Good Move In KotakKotak Mahindra Bank making higher low each day from April. With strength in bank nifty it will help kotak to break its immediate target of 1999.15. So according to my analysis I would recommend one to go long on kotak with stop loss of 1930 for the target of 2100 if the kotak break 1999.15. Kotak will show strength and go up from now. This analysis is based for educational purpose this does not guarantee for investment purpose please contact your financial advisor before investing. Please write me if you see any drawback or any modification in the analysis.
NSE:KOTAKBANKLong
by confidentHeron57603
HDFCLIFE TOWARDS 800-840 levels HDFCLIFE Ltd is trading in an up-sloping channel, and within this channel, there is a probability of a Shark Pattern, which if unfolds can take stock towards 800- 840 levels in the coming weeks and months. Can't comment on how smooth is movement is going to be, but any dip in the stock would be an opportunity to go long in the stock, as long as the stock is trading above the 590-600 levels. Positional Trade timeline: 3-4 months. The upside of approx 25%, more if bought in the dip.
NSE:HDFCLIFELong
by manuagarwal21
CNXMETAL - WEEKLY VIEWThe 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....
NSE:CNXMETALLong
by Tradelikemee
RATTAN INDIA POWER - WEEKLY 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....
NSE:RTNPOWERLong
by Tradelikemee
NiftyBank Futures Positional trade Support and Resistance ZonesN#iftyBank Futures Positional trade Support and Resistance Zones based on daily and Weekly time frame. Incase of any strong Negative Global News or Russia and Ukraine war possibilities escalate below levels may act as support zone. 1st Support Zone 36300 to 37700.00 2nd Support Zone 34200 to 35500 3rd Support Zone 33300 to 32300 4tth Strong support and Value Buying Zone If Below Resistance are broken and Banknifty sustain above 40400 levels then Bank nifty can see 50000 levels by this year end. 1st Resistance 39900 to 40350 2nd Resistance 41400 to 41950. Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. these are my personal views & I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:BANKNIFTY1!
by sbkurandwad77
Cup and Handle Formation on Gold Monthly ChartHello Friends, Many reasons which in confluence indicate that Gold has long rally to go from here (Current level 1871 USD/Ounce) as on 14 Feb 22. 1. Cup and Handle Formation on Gold Monthly Chart: Cup and Handle Pattern formation is visible on Gold's chart on Monthly time frame. Theoretically, it indicates targets of as high as Cup's depth, i.e. approx. 800 $ from here, i.e. 2600 - 2700 USD range. 2. Considering the up move that started in Oct 18 and lasted till Aug 20, Gold had shown Fibo retracement to 38.2% and bounced back from there twice. Thus, the level (1675 USD) is showing a decent support. 3. Flag Pattern: Above movement coincides with Flag Pattern, where the movement from Oct 18 to Aug 20 formed the pole and later channel formed the flag. On breakout of upper channel of flag, the targets that comes are height of flag pole. i.e. approx. 800 USD. This again coincides with 2600 - 2700 USD range target. 4. Geopolitical regime: Current rows between Russia and Ukraine may lead a shift in asset allocation from riskier to safe asset class, i.e. Gold. 5. RSI Indicators: Momentum of daily RSI had already crossed crucial 60 levels and weekly and monthly time frame seems to follow the suit. In case this happens, it will result in long term up ward movement in gold prices. 6. Gold is respecting 20 EMA support on monthly timeframe which is acting as a good support. Thus, this time Gold's price seems to break earlier highs and is poised for a long term rally. Conclusion: Accumulate in range of 1800 - 1850 with 1675 USD as strict Stop Loss on daily closing basis. Above published for Educational purpose only. Trade in consideration with your own risk appetite, in consultation with your financial advisor. Yours, The Humble Trader
OANDA:XAUUSDLong
by TheHumbleTrader82
2
Godrejproperties at important supportGodrej Properties has fallen about 40% from its all-time highs in the past few months. Currently Stock is trading near its imp weekly support @ 1470- 1430 levels. If held all good, if not then the next good support I see is around 970 - 870 levels, about another 600 points from current levels 🤯. As per the history stock, the stock does have the tendency of giving up 40-60% gain of previous rallies, so both levels can be seen in the stock. The only resort we have is to Keep an eye on the price action near-immediate support levels, if any positive price action is seen, it might be a good Positional trade with great risk-reward ratio. Currently, there is no sign of reversal and no sign of bottoming out, so keep an eye on the stock. Disclaimer: Not a recommendation to trade.
NSE:GODREJPROP
by manuagarwal21
3
What is position Trading ? What Is Position Trading? ━━━━━━━━━━━━━ Position trading is a strategy where traders and investors aspire to capitalise on strong pricing trends through entering and remaining present in a market for an extensive term. A position trade is a commitment of both time and money, with the intention of realising a sizable gain from the sustained growth of an open position's value. ━━━━━━━━━━━━━ 📊 Advantages Of Position Trading 📊 ━━━━━━━━━━━━━ The advantages of position trading include the following: 🔵 The negative factors have a minimum degree of influence – if a trader buys, for example, on the weekly chart, he won’t be shocked about the daily price fluctuations. The position trader feels less stressed compared to the day trader. 🔵 The ability to “squeeze out” the maximum of a trend – position traders do not have to regularly open and close positions, thereby losing on spreads. 🔵 High profits – position trading allows you to trade with high leverage, as the probability of a mistake is much smaller than in conventional trading. Disadvantages Of Position Trading The disadvantages of position trading include the following: 🔵 The need for a high deposit – Position trading with the minimum amount of funds is simply irrelevant. It is likely that the strong price fluctuations will lose everything. 🔵 Swap – The swap is a commission paid to the broker for the transfer of the trade to the next day. If the position is open for a long period, the swaps can accumulate a large amount. 🔵 Risk – The risk is much lower when compared to day-trading or swing trading, but if a mistake is made, it will likely be fatal. If a trader goes against the trend, he will lose not only his deposit, but also the time in which he could generate a profit – don’t forget, we are speaking about months.
NSE:NIFTYEducation
by dsp21486