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COALINDIA : Positioned for a BreakoutCOAL INDIA LTD (COALINDIA): Consolidation and Potential Reversal 🌟 Price Action Overview: Current price: ₹414.05 , trading near a key consolidation zone. A deep retracement zone has been identified between ₹374–₹394 , where buyers are likely to dominate. Liquidity building in this range may act as a trigger for a reversal. Key Levels: Deep Retracement Zone: ₹374–₹394 A critical demand area for long entries. Stop Loss: ₹360 (Hourly close below invalidates the demand zone and trade setup). First Target Zone: ₹513 (Historical resistance where profit booking is likely). Trading Strategy: Entry Plan: Look for buying opportunities within the ₹374–₹394 range, provided bullish price action confirms (e.g., volume spikes, bullish engulfing, or reversal candlestick patterns). Stop Loss: Place a stop loss below ₹360 to cap downside risk. Profit Target: First target: ₹513 . Scale out of the position or use trailing stops as the price approaches this zone to maximize gains. Alternate Scenario: If demand fails in the ₹374–₹394 zone, anticipate a deeper retracement. Avoid entering the trade in such a scenario. Potential Risks: Failure to sustain buying interest in the demand zone could lead to further bearish momentum. Broader commodity sector trends may impact Coal India's price movement. Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered analyst. Please conduct your research or consult with a financial advisor before trading. #CoalIndia #TechnicalAnalysis #DeepRetracement #SwingTrading #StockMarket #TradingStrategy #MarketInsights #Nifty50 #BSE #NSE #StocksToWatch #Fibonacci
NSE:COALINDIALong
by LiveTradingBox
HAVELLS : Idea for Future/Options TradeHAVELLS INDIA LTD (HAVELLS): Potential Bullish Reversal 🚀 Price Action Overview: Current price: ₹1,708.25 , hovering near a critical demand zone between ₹1,700.30–₹1,708.25 . Previous swing low highlights strong buying interest in this region, where prices have historically reversed. Consolidation observed within the retracement zone, indicating potential for a bullish reversal. Key Levels: Demand Zone: ₹1,700.30–₹1,708.25 A critical area where buyers are likely to step in. Price action in this zone will determine the trade direction. Stop Loss: ₹1,692.10 (Hourly close below invalidates the demand zone). First Target Zone: ₹1,799–₹1,816 (Resistance area likely to trigger profit booking). Trading Strategy: Entry Plan: Look for bullish confirmation patterns such as a bullish engulfing candlestick or hammer near ₹1,700.30–₹1,708.25 . Stop Loss: Place a stop loss at ₹1,692.10 to limit downside risk. Profit Target: First target: ₹1,799–₹1,816 , offering a strong risk-reward ratio. Risk Management Tips: Avoid chasing prices; wait for stabilization within the demand zone. Stick to predefined stop-loss levels and never risk more than 2% of your capital on a single trade. Monitor broader market sentiment, as sector performance can influence price action. Potential Risks: A breach below ₹1,692.10 could lead to deeper retracement or continuation of the downtrend. Market-wide trends or adverse sectoral news may impact the stock's movement. Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered analyst. Please perform your own research or consult with a financial advisor before making trading decisions. #HAVELLS #StockTrading #TechnicalAnalysis #DemandZone #SwingTrading #MarketInsights
NSE:HAVELLSLong
by LiveTradingBox
HUDCO - On the recovery Path ? The next recovery stock which we are going to look at is HUDCO or the Housing and Urban Development Corporation Limited. The stock saw a drop or reversal of 15% and was pushed below the 200 DMA and from there it has been recovering. As you can see now, it is above the 200 DMA and also the short-term moving averages. It has started making a higher high on the daily. It is also making a higher high on the weekly as well. All the supporting key parameters are all positive, the relative strength, the money flow, buying pressure, all are quite positive and is supporting further up move. We can see good increase in the delivery volumes indicating committed buying. So, the stock could test the previous high of 350 levels. Of course, it is not going to be a quick up move, it is going to be a grinding up move, but definitely it is likely to move up. The risk reward ratio also is looking quite good at this moment. So, this is a stock to be watched.
NSE:HUDCOLong
by karthikmarar
1
POV: MAHASEAMLES - DROP - BASE - RALLYPOV: MAHASEAMLES - DROP - BASE - RALLY Chart Reading: Background: On December 3rd, I entered this stock at a swing high breakout after observing the following parameters: 1. A Double Bottom pattern (A1 - A2) formed at the Fibonacci 0.618 level. 2. This was followed by a Double Top pattern (B1 - B2). 3. Momentum and trend aligned perfectly, indicating synchronization. This entry provided the expected move with unexpected speed, reaching Target 1. Today, I observed another significant pattern currently forming: DROP - BASE - RALLY. If the upcoming session gives a pullback before crossing the gap zone, it would present a strong setup to aim for the pattern target and Target 2. For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions. #NiVYAMi
NSE:MAHSEAMLESLong
by kzatakia
ABB INDIA LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:ABB
by zenthosh
TCS S/R for 11/12/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:TCS
by zenthosh
HDFC BANK S/R for 11/12/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:HDFCBANK
by zenthosh
RIL S/R for 11/12/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:RELIANCE
by zenthosh