Edelweiss Fresh Long breakoutEdelweiss has given a breakout on daily and weekly charts. A fresh long entry with a probable stop around 45 for a good Risk Reward.
EDELWEISS trade ideas
Edelweiss fin servBuy
For the 1st target 110rs
2nd target 131rs
SL 55rs
For tip
I m dealing with
1.positional trade
2.swing trade
3.intraday trade
Note - don't trade in F&O
Monthly charge 2000rs
Feel free to contact 82696 13561
Edelweiss fin serv BREAKOUTEDELWEISS FIN SERV gave a breakout. Extremely undervalued company, mid-long term targets are 80-140-200. SL as per own risk. Good volumes were seen along the base above which the breakout was affirmed.
Accumulation phase is almost over, another phase will begin soon
There is a breakout in saucers pattern or we can also say rounding bottom pattern. Breakout happened with high volume. And 50 SMA Crossed 200 SMA which also signal to buy the stock. As per study stock may reach to its next resistance which is around 79.
stock breakout1) volume building in stock
2) finally Feb. 2020 resistance breakout in previous week and sustained
3) major resistance for the stock is 60 level
4) stock sustained above 60 level and now take below 60 as support 59 & 58
5) next target is 67 this only possible when bullish market
6) first target 67 and second target 73
Its breakingStock showing high chances of breaking out from very long resistance range.
Look out for 3X 4X returns from bottom.
Edelweiss - Momentum Building up - with volumesEdelweiss - Daily Charts
Above 52-53 with strong deliverable volumes,
we can expect good upside momentum in the counter.
All Capital Markets Standard Disclaimers Apply
Disc - Invested
EDELWEISSEDELWEISS for long term Investment, seems good for Long from here .. Target, SL clearly given in chart
***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
EDELWEISS - Bullish Consolidation BreakoutNSE: EDELWEISS is closing with a bullish candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
EDELWEISS LEVELS 19.12.2022 (W Candle)EDELWEISS now forming Inverse H&S pattern ,once its breaks 70 then it will reach 90+ in short term and keep SL as 56 at weekly candle closing basis.
Financials stocks have long way to moveFinancials are out performing since last QTR, still they have lots of scope to move up. A low risk bet with reasonable valuations. Numbers are improving and institutions are showing interest in EDELWEISS. A long term candidate.
Edelweiss -> Waiting for Breakout ?Edelweiss -> Waiting for Breakout ?
Since the beginning of November, the stock has gained 24%. It is currently forming an Ascending Triangle Pattern. Based on the pattern scenario, we can expect the price to fall to the 62-60 level before continuing to rise.
Currently price in the range of 67 Rs,If the pattern continues on the higher side, the price may rise to the next resistance level of 94 Rs, and if the pattern continues on the lower side, the price may fall to 49 Rs.
Only if the 49 Level is broken can the trend be reversed. Otherwise Accumulate each dip
Target has been decided based on Demand Zone
Happy Trading
EDELWISE WEEKLY CHARTstock in consolidation in weekly chart. seems it will break the pattern marked on charts,keep in watchlist .wait for trade to trigger and enjoy the ride
Edelweiss Fin Services Bullish Scenario Bullish outlook on Edelweiss. This could potentially be a turning point from the weekly chart, resulting in this market shirting into a 'buy program' and seeking high prices.
The eye symbol resides above old highs - a place where liquidity would be resting in the form of buy-stops. Think of the sellers who are making money selling short, were would there stops be? Exactly, where old highs reside! Those are our short term targets.
Interesting to see what happens.
EDELWEISS accumulation ideaBig players like LIC, Mohnish Pabrai, Rakesh Jhunjhunwala, and some of the well-known funds have a stable holding in this scrip.
Financial services especially ones who getting adapted to digitalization are going to be the next decade's mover in Indian markets.
30.15 is covid time low, even during the current down phase of markets, I personally do not expect that it will break and slide significantly that low. One could start accumulating in the range of 32 - 46.
Financials are also not in bad shape.
Amazing Buying Opportunity On An India CompanyEdelweiss Group is an investment and financial services company based in Mumbai, India. It is co-founded by Rashesh Shah and Venkat Ramaswamy.
Founders: Rashesh Shah; Venkat Ramaswamy
Assets under management: 750 billion INR (US$11 billion)
Revenue: 96.02 billion INR (US$1.3 billion, 2020)
Founded: November 1995
Headquarters: Mumbai, Maharashtra, India
Total assets: 542.8 billion INR (US$7.2 billion, 2020)
Subsidiary: Edelweiss Broking
#Edelweiss ready for next journey#Edelweiss ready for next journey
Buy on Dip for good RR
Target -83+
Sl-62
CMP:76.50 @9 December 2021
Timeframe: 2-3 months
Buy EDELWEISS @....Check prev RBL stock in my profileNow buy edelweiss @ 77
Its entering into the proper demand zone.
And also we have the sector trading at middle levels.which is very suitable for swing traders.
So its time for this stock to blast.
check out prev call in my profile
Broken Triangle PatternStock Analysis: Edelweiss Fin Serv has broken the triangle pattern currently closing above the current demand level expecting price to reach to target given on the chart and lower demand zone a a stop loss. Let's see
Happy Investing!
EDELWEISS FIN SERV - Ascending Triangle with GOLDEN CROSSOVERIn EDELWEISS FIN SERV , A fine ascending triangle pattern is formed. It has already given a breakout from the resistance level with good volumes.
A good amount of accumulation has been observed with the help of volume profile which suggests that strong hands are making positions in the stock. So, we can expect a good move in EDELWEISS FIN SERV. The stock has given a Golden Crossover on a Daily Time Frame.
Currently the stock is trading above the resistance level and might face a rejection at 200 EMA on weekly time frame. But as we can see, the resistance of 87 has now become a STRONG SUPPORT . Hence, we will place our SL below the level. According to pattern projected, initial target in between 134-137. Partial profit booking should be done at this level.
If the stock is able to sustain above 138, then we can expect to see 203 as our next target.
Feel free to comment your doubts. I will be more than happy to clarify them.
Thank You,
Keshaw H. Agarwalla
Happy investing! :)
