BALAJI TELEFILMS, Bullish Momentum!BALAJI TELEFILMS (15-Minute Timeframe): Long Trade in Progress!
BALAJITELE Trade Details:
The long trade setup on the 15-minute timeframe has already hit TP1, showcasing a strong upward momentum. The chart indicates a likely continuation towards the remaining profit targets as per the Risological Trading Indicator.
Key Levels:
Entry: 61.67
Stop Loss (SL): 59.67
Take Profit Targets:
TP1: 64.14 ✅ (Hit)
TP2: 68.14
TP3: 72.13
TP4: 74.60
Analysis:
The trade setup reflects a robust bullish trend with price action supported by moving averages. Buyers appear to maintain control, suggesting further upside potential.
Outlook:
With the first target achieved, focus shifts to TP2, TP3, and TP4. If market conditions persist, this trade setup could deliver exceptional gains.
Stay tuned for updates as Balaji Telefilms approaches its profit milestones!
Stockmarketindia
JINDAL WORLDWIDE - Massive Intraday LONG TradeJINDAL WORLDWIDE (15-Minute Timeframe) - Massive Long Trade Secured
Trade Setup:
A powerful bullish breakout captured on the 15-minute timeframe using the Risological Trading Indicator. This trade highlights an impressive rally with all targets hit.
Key Levels:
Entry: 282.75
Stop Loss (SL): 278.30
Take Profit Targets:
TP1: 288.20
TP2: 297.00
TP3: 305.85
TP4: 311.30
Technical Overview:
The price action reflects strong bullish momentum, supported by upward-trending moving averages and consistent buying pressure.
The Risological Indicator provided a timely entry signal, capitalizing on this rapid uptrend.
Results:
The trade successfully achieved all profit targets, delivering substantial gains for intraday traders. The well-defined stop-loss ensured controlled risk, allowing traders to maximize their returns.
Insight:
This trade underscores the effectiveness of the Risological Indicator in identifying high-probability entries and exits in dynamic market conditions.
Keep monitoring for further setups!
LONG: Mahindra & Mahindra on the Rise: Targeting New Highs!🔍 Technical Analysis Report: NSE:M_M
Current Overview: 📈 NSE:M_M have shown a strong reversal from its recent low of ₹2,665.55. This recovery is significant as it has crossed the 0.382 Fibonacci retracement level, with the highest reference point being the level 1 Fibonacci at ₹3,214.95.
Key Observations:
Volume Analysis: Over the past 3-5 trading days, the stock has displayed consistent positive volume, indicating sustainable upward movement. 📊🔼
Critical Resistance: Since mid-June, the stock has been approaching a key resistance level. It briefly breached the 0.5 Fibonacci level yesterday but closed near the 0.382 Fibonacci level. 🚧
Price Movement: Today, the stock opened around the 0.382 Fibonacci level at ₹2,827.10 and is inching upwards. 📈
Technical Indicators:
MACD Analysis: The current MACD (Moving Average Convergence Divergence) shows an impending buying crossover. If market conditions stay favorable, we anticipate the MACD histogram turning green tomorrow, reinforcing the bullish trend. 🔄🟢
Target Levels:
🎯 First Target: ₹2,942.15
🎯 Second Target: ₹3,005.10
🚀 Extended Target (if resistance is broken): Around ₹3,100.00
Risk Management:
Primary Stop-Loss: ₹2,800.00 to protect against downside risk. ⚠️
Extended Stop-Loss: ₹2,720.85 for those accommodating broader market volatility. 📉
Conclusion: 🟢 If M&M opens in the green tomorrow, this will confirm the buying trend, potentially reaching the target levels mentioned above. However, cautious trading is advised, particularly around the set stop-loss thresholds, to manage inherent market risks effectively. ⚖️
#Hashtags: #MahindraAndMahindra #StockAnalysis #TechnicalAnalysis #FibonacciLevels #MACD #TradingInsights #StockMarketIndia #BullishTrend #InvestmentStrategy #RiskManagement #FinogentSolutions
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Trading and investing involve significant risk, and you should conduct your own research or consult with a financial advisor before making any investment decisions.
Morepen Laboratories Trading IdeaIntroduction
Morepen Laboratories Ltd. engages in the business of manufacturing bulk drugs, intermediates, and medical devices; and business of formulation. It operates through the following geographical segments: the United States of America, Rest of World, and India.
Observation
Stock Trade all the Ema making rounding bottom after a rejection from 72 level in 2021. now it is trying to breakout the same level once it breakout and sustain above 72 level no one can stop this stock to reach my levels which is 120. on weekly chart you'll see a gap up open marubozu candlestick stock look strong on all the TF.
Get the inside scoop! Read the rest of the article on our blog 👆
SWING IDEA - SUPRAJIT ENG Suprajit Engineering , renowned for its excellence in automotive cable manufacturing, stands as a stalwart in the industry, poised for potential growth and value appreciation. Let's delve into the technical factors guiding this promising swing trading opportunity.
Reasons are listed below :
A notable breakout has occurred, as the stock successfully breaches a symmetrical triangle pattern.
A robust bullish Marubozu candle graces the weekly timeframe, signifying significant buying momentum and potential continuation of the uptrend.
Notably, the breakout candle engulfs the preceding seven weekly candles, marking a decisive shift in market sentiment.
The stock finds support at the 50-day exponential moving average (EMA) on the weekly timeframe, reinforcing the bullish bias and providing a solid foundation for further upward movement.
Accompanying this breakout is an uptick in trading volumes, indicating heightened investor interest and participation in the stock.
Target - 475 // 540
StopLoss - weekly close below 380
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
#WELSPUNLIV is breaking out#WELSPUNLIV broke out after >2.7 years of facing resistance. Also, it is forming a cup and handle pattern and looks very bullish as the volumes are also supporting the breakout.
In my opinion, we can long here with a target of 300 and SL of 150.
Do your own research before investing.
#IOC ready for breakoutIndian Oil Corporation Limited looks ready for breakout. As of now, stock has been under consolidation just above Previous ATH levels and forming a bullish MA formation along with nice volume breakout.
SL can be of 5% (candle closing basis) with targets of ₹217 levels.
First target can be of ₹196.
Do your own research before investing as this is just the stock idea that I am sharing.
#KRISHCA - Nice range breakout supported by volumes!#KRISHCA
This #SME stock is in my watchlist!
Nice range breakout supported by volumes!
Stoch has been in consolidation since a good period and breaking out with volumes today.
The measured target can be 50% post the candle high break of the daily candle which confirms breakout.
#RKFORGE is breaking out of consolidation#RKFORGE
Stock made a nice run since Jun’22 and gave 5x returns; has been in consolidation mode since then for about 290 days.
Breaking out now with crazy volumes not seen in 2024. Looks good for more upside.
Measured Target for this is about 34% which is also the length of the consolidation range.
HINDZINC Achieved All The Targets 🚀🚀🚀 Study Shared on 02/05/2024 ..
Hindustan Zinc in Zinc-Lead and Silver business is world’s 2nd largest integrated Zinc producer and now the 3rd largest Silver producer. The company has a market share of ~75% of the growing Zinc market in India with its headquarters at Zinc City, Udaipur along with Zinc-Lead mines and smelting complexes spread across the state of Rajasthan.
An Ascending Triangle for MARICO!!!The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern!
For target measure the distance from the start of the pattern, at the lowest point of the rising trendline to the flat support line. That same distance can be transposed later on, starting from the breakout point and ending at the potential take profit level!
AEGISCHEM go long for 33-34% targetAEGISCHEM go long if it cross 387.15
Entry: 387.20
stop loss: 317.90
targets: 518.95
Time Period: 6-7 months
Please consult your financial advisor before getting into the trade.