BAJAJ HOUSING FINANCE LTDBAJAJ HFL (SWING TRADE)
Demand Zone 1: 135 - 138
Demand Zone 2: 125 - 128
SL: Below 120
DISCLAIMER: Not SEBI Registered. This is not financial advice
Invest at your own risk
Breakout Alert: High-Potential Long Trade Setup in IXIGOIt highlights a descending channel pattern in IXIGO, a common technical analysis formation where price moves between two parallel trendlines sloping downwards.
Key Points:
Resistance (Red Line):
The upper trendline acts as a resistance level where the price faces selling pressure.
It has been tested multiple times, confirming its validity.
Support (Green Line):
The lower trendline serves as a support level where the price typically finds buying interest.
This line also has multiple touchpoints, validating its significance.
Breakout Attempt:
The latest candle shows a strong upward move (+8.87%), attempting to break out of the resistance zone.
Such a breakout might signal a potential trend reversal if it sustains above the channel.
Trading Strategy:
Bullish Case:
If the price sustains above the resistance trendline with good volume, it could indicate the start of an uptrend. Targets can be set using Fibonacci retracement or previous swing highs.
Risk Management:
Place stop-loss below the breakout candle for long positions.
Adjust the stop loss upward as the price progresses to secure profits
DABURAfter breaking Support of 505-510, there was a Liquidity Grab in April 2024 where price reached 490. From there, Dabur rallied to 660-670 levels
Its again trading in the same zone (CMP - 508)
Buy can be initiated above 515
Entry: 515 - 520
SL: 485 - 490
Target 1: 585
Target 2: 660-670 (ATH)
DISCLAIMER: NOT FINANCIAL ADVICE. DO YOUR DUE DILIGENCE BEFORE INVESTING
#JUBILANT FOODWORKS LTD#JUBLFODD Make Rounding Bottom Chart Pattern
Buy - If daily price close above 715
Stop Loss - 630
Target - 875
Duration - 2 to 3 Month
MRF Stock Alert: Bullish Pennant Formation! 🚀 Are you ready for a breakout?📈
MRF stock is showing a promising bullish pennant pattern, signaling a potential upward price movement. This pattern often indicates that a strong rally might be just around the corner, making it an exciting opportunity for investors.
What is a Bullish Pennant?
A bullish pennant is a continuation pattern that occurs after a significant price rise, followed by a period of consolidation within converging trend lines. This is often seen as a pause before the next big move upwards.
Why is this important?
Strong Momentum: The prior uptrend sets a solid foundation.
Consolidation: MRF’s price has been stabilizing, indicating healthy market behavior.
Potential Breakout: Once the price breaks above the upper trendline, we could see new highs!
Key Levels to Watch:
Support Level: ₹131770.45
Resistance Level: ₹133350.25
🛑 Disclaimer: This is not financial advice. Always do your research and consult with a financial advisor before investing.
Are you keeping an eye on MRF? Share your thoughts below! 📊
Xchanging Solutions - Breakout on the cardsAfter large cap IT stocks, time has come for small and Midcap it stocks..
Can go long with breakout candle low as SL (WCB)..
CIPLA ......Sharp fall May Expected in Few DaysCipla has broken the Decending Triangle Structure .....Reteted the Broken Line today.....There are Several Gaps (Unfilled Order Blocks) in down side .....Hopefully we gonna see a sharp fall soon.....Below Red lines are GAPS to be filled up ...
Jupiter wagons Ema 100 > 144 > 200 > 300Jupiter wagons Ema 100 > 144 > 200 > 300
1) Inverted H & S pattern
2) trendline breakout done, but retesting pending which may be achieved in a while from knot level.
3) Than stock may boom.
oilindia - Ema 100 > 144 > 200 > 300oilindia - Ema 100 > 144 > 200 > 300
1) Strong wide base formation
2) Bigger time frame Overall trend is upside
3) On DTF consolidation is goin on
4) Wide Consolidation going on
5) wait for trap breakdown till green ema
Expect stock to rally at least 40 % there after.
SHRIRAM FINANCE LTD Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
HAVELLSDisclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
GO LONG ON AMAR RAJA ENERGY & MOBILITY (ARE&M)The stock has touched high of 1775 and now stands at a correction of 26%. The current price is at 1320. One can accumulate the stock in the price range of 1300 to 1320. The daily and weekly charts are both oversold. Also the 4h time frames have made their respective hl. So one can buy the script with the stop Loss of 1203. Short Term Targets 1400 and Long term Target 1 Year is 1900.
Knr Construction Good For Long as per FibonacciKnr Construction Good For Long as per Fibonacci Now 342 Invalid 288 Possible target 374-416-456++
Jupiter wagons limited Good For Long Side Jupiter wagons limited Good For Long Side possible target 786-820+++ Now 558 invalid 518
TATA COMMUNICATIONS Swing Trade Hello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
TATACOMMDisclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
HIND unilever - Entry Levels to go bullish The stock expected to get rejected from the levels of 2294 and from the levels of 2200.
The price can fly to the levels of 2670 and 2500 as a minimum.
Hindalco - Levels to Enter Hindalco has the potential to go higher, but retracements expected before getting bullish.
Entry 01 - 592
Entry 02 - 550
Grasim - Quick 10% move Grasim expected to get rejected from the levels of 2370.
This short term move has produce 9 to 10%.
Dr.Reddys - Pivot level - Potential for 1450Dr. Reddys has potential for the levels of 1450 , however the stock if breaks the levels of 1170 may slide to below levels before flying high.
IRB Infra TargetBased on RSI Hidden Divergence. While the price is going up, RSI is going down.. This indicates trend continuation..
CIPLA - BUY - 1755CIPLA to hit the lower levels of 1268 before flying to the higher levels of 1755.
The Stock has shown consolidation for the last 2 months .
