#ALOKINDS long term buy setup (24/08/2024)Greetings Folks,
today i have prepared a setup on NSE:ALOKINDS on NSE
the analysis is as follows
- the price is now trading near a very important resistance which has been tested many times now. The more times a resistance gets tested, the weaker it gets
- the price has took support from the 0.5 fib levels, it might test it again or move down to 0.618 levels
- i have also marked a support zone from where the rally started, use it when the price breaks the fib levels
- if the price breaks the zone too, use the last swing i have marked as liquidity
dont play with fire, always use a predefined stoploss according to your risk management
Profitpujari
$GMRINFRA long trade setup 4 hour (12/07/2024)Greetings Folks,
today I have prepared a setup of NSE:GMRINFRA on NSE
the analysis is as follows-
- the stock is in overall bullish trend
- right now consolidating in a tight range
- wait for the breakout of this range
- if it breaks down use the fib levels as support
don't play with fire, always use a predefined stop loss
#YESBANK breakout trade setup (18/07/2024)Greetings Folks,
today I have prepared a setup of
NSE:YESBANK on NSE
the analysis is as follows-
- the price has been consolidating in a triangle pattern for a while
- its right now trading near the trendline support
- wait for the proper breakout in either side, i am not biased towards a particular direction
- i have chosen small targets regarding the upcoming pre budget volatility
don't play with fire, always use a predefined stop loss
#IRFC breakout trade setup (17/07/2024)Greetings Folks,
today I have prepared a setup of NSE:IRFC on NSE
the analysis is as follows-
- the price has reached the 50% retracement again
- the textbook knowledge is the more the support gets tested the more weaker it gets, same applies with resistance
- please consider the trap mentality of money makers as the volume in the stock is low and the stock is not necessarily bearish, stay alert if u plan to short
- i have chosen small targets regarding the upcoming pre budget volatility
don't play with fire, always use a predefined stop loss
#IDEA long trade setup intraday (09/05/24)Greetings Folks,
today I have prepared a setup of
NSE:IDEA on NSE
the analysis is as follows-
- marked an important support zone in higher timeframe
- price tapped in it and respected the support zone
- in lower timeframe , there is a ranged structure
speculating that nifty might move in up direction, we can plan a small counter trade
don't play with fire, always use a predefined stoploss
#IOB TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup of IOB on NSE
the analysis as follows-
-the price is at all time high
- the price tried to break past it but failed, its trying again to break the ATH
- the entry model has been mentioned in the chart
- i am not changing my bias yet
dont play with fire, always use a predefined stoploss