Rolex Rings Ready for Takeoff: Long Trade Targets ₹2741!Rolex Rings on the 4-hour timeframe is presenting a fresh long trade opportunity, with the price currently hovering around the entry level. This setup, identified using the Risological Swing Trading Indicator, is primed for a strong upward move targeting 2741.60 at TP4.
Rolex Rings Key Levels:
TP1: 2267.90
TP2: 2448.85
TP3: 2629.80
TP4: 2741.60
Technical Analysis:
The entry price is set at 2156.05, with a stop-loss at 2065.55, ensuring effective risk management.
The price recently broke through a significant resistance zone, signaling bullish momentum. With the Risological trend line confirming the upward bias, this trade setup offers a high-reward opportunity for traders looking to capitalize on the next potential rally.
Namaste!
Stockmarketindia
BANKNIFTYBANKNIFTY FOR 11 Dec 2024
Banknifty bounced from the
weak demand zone 53330 - 53380
And took out Sell Zone created today (53540 - 53580)
OUTLOOK FOR 11 Dec 2024
Market may take support on the zone created today
(53540 - 53580) and Buy can be initiated for Target
Supply Zone @ 53820 - 53870
Weak demand zone (53330 - 53370) can be considered as strong buy zone
BANKNIFTY BANKNIFTY Levels for 10-12-2024
BANKNIFTY created a small demand zone at 53325 - 53375; It reacted strongly at 10:10 am
and again reacted later near the end of day.
But this looks like a weak demand zone.
With Strong support zone at 52600 - 52700, market seems sideways to bullish
BUY ZONE 1 - 53200 - 53250
BUY ZONE 2 - 52900 - 52980
SELL ZONE - 53800 - 53880
NIFTY Trade Levels for 10 Dec 2024Levels given for 09-12-2024 have not breached
OBs not tested and remained sideways
Minor OB at 24580 - 24605 is breached once and tested thrice without any big reaction.
So it may get broken .
BUY ZONE 1 - 24495 - 24525
BUY ZONE 2 - 24325 - 24355
SELL ZONE - 24825 - 24850
HBLPOWER MASSIVE 50% INTRADAY PROFITSHBL Power on the 15-minute timeframe delivered an extraordinary performance, achieving and exceeding all profit targets in a single intraday session. This long trade setup was precisely captured using the Risological Swing Trading Indicator , showcasing its capability to identify explosive moves.
HBL Power Key Levels:
TP1: 644.55 ✅
TP2: 654.65 ✅
TP3: 664.75 ✅
TP4: 671.00 ✅
HBL Power Technical Analysis:
The trade was initiated at an entry point of 638.30, with a tightly managed stop-loss at 633.25. HBL Power displayed strong upward momentum, clearing all resistance levels and skyrocketing past the final target.
The stock's bullish trend and breakout were effectively pinpointed by the Risological trend line, making this trade a textbook example of high-probability intraday trading.
The result was a massive 50% intraday profit, a testament to the precision and effectiveness of the Risological system.
Good luck!
Namaste!
DELHIVERY INTRADAY TARGETS DONE!Delhivery on the 15-minute timeframe delivered a stellar intraday performance, achieving all predefined targets with precision. This long trade was executed using the Risological Swing Trading Indicator , ensuring a well-timed entry and a disciplined approach.
Delhivery Key Levels:
TP1: 340.80 ✅
TP2: 346.20 ✅
TP3: 351.60 ✅
TP4: 354.90 ✅
Delhivery Technical Analysis:
The trade was initiated at an entry price of 337.45, with a stop-loss positioned at 334.75 to limit downside risk.
Delhivery exhibited strong bullish momentum, crossing the Risological trend line early in the session.
The stock maintained upward movement, achieving all take-profit levels in this intraday trade. This setup highlights the power of the Risological indicator in capturing quick and profitable opportunities in volatile markets.
All the best and do follow me for more success stories, insights, tips and profitable stock calls.
Namaste!
BSE - 108% in 123 Days!BSE Ltd on the daily timeframe demonstrated exceptional performance, achieving all targets and exceeding expectations with a massive 108% gain in just 123 days. This trade was accurately identified using the Risological Swing Trading Indicator.
BSE Key Levels:
TP1: 2781.30 ✅
TP2: 3075.00 ✅
TP3: 3368.70 ✅
TP4: 3550.20 ✅
Technical Analysis:
The entry point was perfectly timed at 2599.80, with a tightly managed stop-loss at 2452.95 to minimize risk.
BSE followed a robust bullish trend, crossing the Risological trend line early and sustaining momentum throughout the trade.
With all targets achieved, the stock's explosive breakout reaffirms the effectiveness of the Risological Swing Trading Indicator in capturing high-momentum moves.
Traders leveraging this setup could capitalize on significant gains while maintaining discipline with predefined stop-loss and take-profit levels.
Welspun Corp Eyes ₹950! TP1 Hit, More Gains Ahead!Welspun Corp (WELCORP), on the 1-hour timeframe, has achieved TP1 and is showing a strong bullish trend, indicating potential movement toward TP2, TP3, and TP4. The Risological Swing Trading Indicator clearly identifies the trade setup with defined levels for an emotion-free strategy.
Welspun Corp Key Levels:
TP1: 764.60 ✅
TP2: 835.35 (Pending)
TP3: 906.10 (Pending)
TP4: 949.85 (Pending)
Welspun Corp Technical Analysis:
The entry point was at 720.90, and the trade setup was confirmed as the price crossed above the Risological Trend Line, signifying a bullish continuation.
A safe stop-loss was placed at 685.55, ensuring effective risk management.
The current consolidation near TP1 suggests a likely breakout to higher levels, with TP2 and TP3 being immediate targets.
As momentum builds, traders should watch for signs of trend continuation or reversals near TP levels for maximizing gains.
Sonata Software Races to ₹675! TP4 Within Reach!Sonata Software, on the 1-hour timeframe, demonstrates a strong bullish momentum with TP1, TP2, and TP3 successfully achieved. TP4 is within close range and is likely to hit as the trend continues on the Risological Swing Trading Indicator.
Sonata Software Key Levels:
TP1: 587.45 ✅
TP2: 621.10 ✅
TP3: 654.75 ✅
TP4: 675.55 (Pending)
Sonata Software Technical Analysis:
The trade was initiated at 566.65, following a clear breakout above the Risological Trend Line. The consistent upward momentum indicates a strong trend, with well-marked take-profit levels and a tight stop-loss at 549.85 to manage risk effectively.
With TP4 nearly achieved, the bullish momentum suggests further upside potential. Traders should closely monitor the price action near TP4 for possible profit-taking or further extension.
Namaste!
ADANI GREEN, 45% SHORT TRADE CAUGHTADANI GREEN Trade Overview:
Adani Green saw a sharp 45% drop on the 4-hour timeframe, perfectly captured by the Risological Swing Trading System . This short trade setup successfully achieved all profit targets, providing traders with a significant opportunity to capitalize on the bearish momentum.
ADANI GREEN Key Levels:
TP1: 1789.10 ✅
TP2: 1602.55 ✅
TP3: 1415.95 ✅
TP4: 1300.65 ✅
ADANI GREEN Technical Analysis:
The entry was confirmed at 1904.45 as the Risological Red Lines indicated strong downward pressure. Adani Green continued to follow this bearish trend with no signs of reversal, allowing for precise execution of all targets. Traders who maintained their positions benefited immensely from this clear and systematic setup.
The final breakdown past TP4 marked the culmination of the trade, further affirming the system's accuracy in identifying reliable entry and exit levels.
The strategic placement of the stop-loss at 1997.70 ensured risk management was intact throughout the move.
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!
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!
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
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@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.