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AS INFRASTRUCTURE SECOTR IS BACK ON TRACK - PATELENG FOR YOUEverything is pretty much explained in the picture itself. I am Abhishek Srivastava | SEBI-Certified Research and Equity Derivative Analyst from Delhi with 4+ years of experience. I focus on simplifying equity markets through technical analysis. On Trading View, I share easy-to-understand insights to help traders and investors make better decisions. Kindly check my older shared stock results on my profile to make a firm decision to invest in this. For any query kindly dm. Thank you and invest wisely.
NSE:PATELENGLong
by Abhishekingx
Manappuram Finance: Long-Term Breakout Alert🚀 Manappuram Finance: Long-Term Breakout Alert! 🚀 🔹 CMP: ₹230 | Stop Loss: ₹170 | Target: ₹290 | ₹372 🔍 Why Manappuram Looks Promising? 🔄 Technical Breakout: A rounding bottom (or cup-and-handle) breakout with a well-defined base formation—indicating potential long-term upside. 📊 Accumulation Opportunity: As the breakout occurs, retests may follow—offering an ideal opportunity for staggered accumulation. Long-term investors can accumulate on dips for better risk-reward. 📈 Target Calculation: 📏 Pattern Depth Approach: Targets are derived from the depth of the rounding bottom or cup-and-handle pattern. 📊 Fibonacci Validation: ✅ Retracement Levels (Stop Loss Zones): ₹138 & ₹230 ✅ Extension Levels (Price Targets): ₹81.5, ₹230 & ₹138 📌 Pro Tip: Plot these Fibonacci levels yourself to build conviction and sharpen your analysis. 📉 Risk Management: Stop loss is carefully aligned with Fibonacci retracement to minimize downside risk. Follow strict position sizing to safeguard capital—especially in volatile market conditions. ⚠️ Caution: Market conditions can shift quickly—adjust your position size based on your risk tolerance and trading plan. 📍 Outlook: With a confirmed breakout and strong technical alignment, Manappuram Finance offers a high-probability swing trade for long-term investors. 📣 What are your thoughts on this breakout? Share your views in the comments! 📅 Follow for more technical insights and market updates. 📈 #ManappuramFinance #BreakoutAlert #TechnicalAnalysis #SwingTrading #InvestmentOpportunity 📉 Disclaimer: As a non-SEBI registered analyst, I encourage you to conduct independent research or consult a financial professional before making investment decisions.
NSE:MANAPPURAMLong
by satyam15
GUJRAT GAS: INVERSE H&SThe Inverse Head and Shoulders pattern is a bullish reversal chart pattern that signals a potential trend reversal from bearish to bullish. It consists of three key components: Structure of the Pattern: Left Shoulder: A price decline followed by a temporary rally. Head: A deeper decline forming the lowest point, followed by another rally. Right Shoulder: A decline similar in size to the left shoulder but not as deep as the head, followed by a move higher. Neckline: A resistance level that connects the highs of the two rallies after the left shoulder and head. The Inverse Head and Shoulders pattern in Gujrat Gas, with a neckline at ₹396, indicates a potential bullish reversal. The stock has formed a well-defined left shoulder, head, and right shoulder, suggesting that selling pressure is weakening. A breakout above ₹406, supported by strong volume, could confirm the pattern and trigger an upward move. The target price for this breakout is ₹440, calculated by measuring the distance from the head’s low to the neckline and projecting it upwards. If the stock sustains above the neckline, it could gain further momentum. However, traders should consider placing a stop-loss below the right shoulder i.e. 376 to manage risk in case of a failed breakout.
NSE:GUJGASLTDLong
by TradingSutra