Phoenix Mills ready for quick 5 % gainsThe stock has compressed and poised to move out of the compression zone. One may consider to enter at around 2600, target 2720 and further trail.
Stockstobuy
DISHTVGood volume seen in chart.
Can blast above the zone.
Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
LODHA Good for 5-10% ROI SwingThe stock is at an ATH.
It looks good for an entry above 818, ascending triangle in formation in Daily.
The stock is strong in Monthly as well, it has broken out of a Triangle pattern and then moving up strong after pushing all the sellers down with buying pressure evident.
Why Starbucks is a great investment opportunityStarbucks, the renowned coffeehouse chain, has become a household name for many people across the globe. With over 30,000 stores in more than 80 countries, Starbucks has established itself as one of the leading players in the restaurant industry. Its strong financial performance and impressive growth potential have made it a hot pick for investors looking to invest in this sector. In this section, I will analyse Starbucks’ weekly timeframe by wearing the supply and demand imbalances glasses. As supply and demand traders, we do not need to understand the company’s forecasts and financial performance to analyze its growth potential. We only need to know where the imbalances in price are on a price chart.
The stock is currently trading at $96 per share. It’s very close to a strong demand imbalance sitting at $94.19. We expect the stock to rally to $104 and much higher.
#VASCONEQ stock with good fundamentals and good technicals.#VASCONEQ
Another small cap stock with good fundamentals and good technicals.
Has reclaimed a very important S/R zone on higher timeframe.
Some quantity can be bought at current levels because of breakout on daily timeframe.
Also, In my opinion, ₹59-₹71 zone is a good zone for accumulation if market gives a chance.
I see another 50-60% upside as first target and this can also be a multi-bagger easily in long-term.
Ahlada Engineers CMP 150
Good breakout for 200/240
Nice rounding bottom pattern
Increase in Volumes.
KALPA-TARU can give 25% returns in short term!!The stock is currently in wave iii of III which is projected moving towards INR 895-910 zone.
'Wave I' unfolded in the stock from June-Oct 2023 and then the price witnessed a 50% retracement of the wave I in 'wave II' through the months of OCT-NOV.
The stock is now going for the completion of the 'Wave III' target of INR 895 but the 'Wave III'
is sub-diving into minor waves.
We could see a 'wave i' of Wave III in late Nov and a subsequent 70% retracement of the same through Dec.
Leaving aside the Elliot-wave counts and structure, the stock is also now attempting to go past a very strong supply/resistance zone of 695-710. The stock has made 3 attempts to clear above the zone in the past but not managed to do so but this time around the extra-ordinarily high volume could help. KPIL closed with a massive +7.85% gain along with nearly 30 fold increase in average daily volume.
PAYPAL - BUY OPPORTUNITY!!!Taking a BUY position on PAYPAL to SWING TP AREAS. Aim is to hold position for LONGTERM EQUITY growth as PAYPAL looks to establish its position from here for long-term growth with the launch of its new stable coin PYUSD as well as a newly assigned CEO.
THIS IS A LONGTERM SWING POSITION!
Trade Safe
JP Associates a good buy for short termThe stock has given a good impulse upmove above the resistance level after a long period of consolidation. It is now consolidating at the support level of 17. Looks good for another short run
Entry - 19.3
Stop Loss - 17.1
Target 23.2
An undervalued stock ready to breakoutAn undervalued stock in the packaging industry, Polyplex has been stressed in this bull run and is currently trading below its book value.
Volume is building up and DMI indicates buyers momentum building up. Any move above 1100 should propel the stock price upwards from here
Entry - 1100
Will update SL and Target once trade is triggered
Buy OrientBellAfter making a Strong Higher high on Monthly Timeframe,
Stock is down to it Retracement point.
Best to buy the Stock in Parts for a Shortterm Investment.
Follow Price Action and Money Management.
TRADE_SETUP_DABUR 10% MOVE IS STARTING NOW!This FMCG stock is spotted completing a complex triple three(WXYXZ)correction to a prior leading diagonal wave 1 that it had developed between October-Dec.2023.
The stock has made a 50% retracement of the 'wave 1' rise during the complex correction in the past three weeks.
Now that the corrective wave is nearing its end(or already ended), the stock should be expected to make a ''U-turn" from current levels and should attempt to move towards the INR 580 mark in coming weeks/months.
INR 520 can be used as an "SL" on the downside.
At current levels, the stocks offers an attractive risk reward of 1:5 for a short term trade.
Note*- Views are based on personal opinions/observations. Please do your own research before making any trading/investing decisions.
SHORT TERM OPPORTUNITY IN CAPITAL TRUST_35% UPSIDEOn a day where almost every stock seemed to tumble, CAPTRUST managed to pull off a bullish stunt. The stock closed with a +15% gain along side 15 times surge in daily volume.
The weekly chart of the stock shows us that the stock managed to pierce above an18 months old active supply zone.
Since Jul 2022 the stock has been attempting to move beyond the INR 110 mark but failing to do so.
For the past 4 months the stock had been trading in a tight range of INR 90-110 waiting for the right time to clear above 110 mark, which it did on Wednesday's session.(AND HOW!!)
What should now be expected from the stock is that it will now head towards the INR150-160 zone to test the new supply as the old supply zone has been successfully conquered.
CMP 113.15
SL 98
TARGET 155
RR 1:3
ESCORTS is currently sitting at a major demand zone!The stock is currently spotted at an important upwards curving area of demand that has been active for the past 4months.
The demand zone has been enough times tested in the past 4months and proved its strength over all test occasions.
The stock has traded between the demand zone and the control price for the past 2 months and the entire 2 months range can be thought of as an accumulation phase. The times when a stock gives a breakout after a long accumulation phase , what follows usually is the pick up in volume and momentum.
The stock can begin a strong rise from current levels towards the INR3500 region(10% from CMP).
INR 3100 currently is a good support area for the stock. A short term trade using 3090 as SL and INR3300(control price) for a target, would not be a bad trade either.
CMP - 3130
SL - 3090
Target 1 - 3300
Target 2 - 3500
#STORJIn a built corner pattern, it has an important resistance in the range of 0.7813, which has the ability to grow up to the specified area if it is broken. Therefore, after the failure, in the case of a pullback, you can take a buy transaction.
OIL INDIA looking to breakout from a supply zone!The stock has been in congestion zone from past 3 months. During this period INR300-305 acted as a demand zone while INR 325-330 zone has been a seller's favored zone.
The stock is spotted today breaching a minor trend line resistance with good volumes. This could be an early sign of the intentions of the stock(or rather the buyers) to clear above the 325-330 zone for good this time around.
Upon a decisive close above INR 330 mark the stock could very quicky attempt to move towards the INR 360 mark.
On the downside 312 could be a good place to consider to place a SL order for a target of 360(RR 1:3).
Note*- Please do your own analysis/research before making any trading decisions.
Rocket launchers Polymer stocks are in trend
This related stocks getting attractions
Small in price and breakout with volume
Target 140&175
115 below Stop loss
No recommendation for buy and sell
TRADE SETUP_ bottom in place for SCI _ 30% upside potentialThis PSU stock has made a bottom on 25th Oct after completing a zig zag correction starting 11th Sep.
This particular bottom shall be considered as a wave iv bottom of an ongoing impulse wave that began in April this year. The stock is now expected to take off in wave v towards 170 zone providing a good 30% upside potential.
The Oct bottom of 128.5 can be used as a crucial support for the stock(also SL) to the rally that has already begun.
CMP 135
SL 127
TARGET 170
NOTE*- Kindly do your own research/analysis before taking any financial positions. The above stated views on the chart are my personal views/opinions and to be treated as such.
Wave 3 in JTEKTINDIA can kickstart a 60% rally in the stock!The stock had witnessed a five wave impulsive rise in March 2023 which went on till Aug 2023.
The impulse drove the price of the stock up by 76% from March bottom.
This phase was then followed by a three month long correction(zig-zag or ABC) leading to a 50% retracement of the gains made during the impulsive wave.
Now that the corrective phase is over, the stock has slowly started making minor waves to the upside to unfold a major wave 3 that can be projected going towards the INR 210-220 zone(55-60% from CMP).
The stock closed at a +4.26% gain on Tuesday's session alongside massive uptick in volumes - signs of fresh buying.
CMP - 138
SL - 127
TARGET - 220
Wave 3 in AARTIDRUGS can push price up by 80%!!The Stock witnessed a five-wave impulsive rise beginning in March 2023 and ending in July 2023.
The impulse move led to a 105% rally in the stock in a matter of just 5 months.
Since the completion of the wave 1 in July however, the stock went into the corrective wave 2 structure between July-October. The corrective phase can be marked as an Elliot wave Zig-zag(ABC) and led to a 50% retracement of the wave 1.
This phase ended in October and between October-November the stock displayed a slow moving leading diagonal as the first sign of reversal from the bottom of INR 444.This tiny diagonal is the only starting piece of the massive leg that is yet to unfold in the stock, taking it towards the INR 900 mark. The diagonal and its correction can be labeled as wave i&ii of 3 respectively and
now the stock has "jump-started" the wave iii of 3 on 18DEC with a +4.2% closing alongside uptick in volumes.
Upon successfully surpassing INR500 level, the stock shall be at the INR550 in 'very quick move'.
INR 900 is the projected target region for the Wave 3.
On the downside INR 470 can be used as 'SL'.
Note*- The views expressed are based on personal opinions and observations. Please do your own research before making any trading/investing decisions.
TRADE_SETUP_20% UPSIDE IN SKFINDIAThe stock was seen bouncing off an active support/resistance zone of INR4350-4450.
This very zone has been an active zone for the stock since Aug.2022, with several attempts made by both buyers and sellers to breach it.
The sellers in fact were able to breach this zone in March 2023 but looks like the buyers would not give up even then.
After a tough battle of 1.5months the buyers not only brought the price back above the S/R zone but managed to ignite a 35% rally to the upside.
The stock after finding a new supply zone at INR5250-5350 was back to the previously active zone of INR 4350-4450 and was seen reversing quite sharply from the past 3 trading sessions.
Now one should keep an eye at 4700 as once the stock is able to close above this mark the rally could get even stronger and the buyers could target the IBR 5800-6000 zone this time around.
CMP - 4675
SL - 4500
Target1 - 5350
Target 2 - 5800(RR 1:5)
PLR.N0000Buy Zone - 8 to 8.5
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Beneteau stock buy investment opportunityAhoy, fellow investors! Are you ready to set sail on a journey towards financial success using supply and demand imbalances? Look no further because we have the perfect vessel for you – Beneteau stock.
When looking to invest in a company, they say it is always important to compare and analyze its performance with other companies in the same industry. We don’t need to do any of that if we are using supply and demand imbalances. These imbalances allow investors to understand the market trends better and make informed decisions without having their minds clouded by fundamental stock analysis and stock performance in the past.
Expecting a decent rally from the monthly imbalance at 11 euros per share.
