50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
EMUDHRA trade ideas
EMUDHRABig Base near All Time High. Looks like ALL SET.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Emudhra: A bullish opportunity awaits 🚀 Set your sights Emudhra stock presents a compelling long setup, backed by promising indicators. Implementing a strategic approach, set a stoploss at 715 to mitigate downside risk, while targeting an optimistic 825 for potential gains. Keep a keen eye on market dynamics for optimal trade management.
EMUDHRA - Bullish SetupStock Name - Emudhra Ltd.
✅#EMUDHRA trading above Resistance of 705.
✅Next Resistance is at 1034.
✅Moved 38% in 3 weeks.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
EMUDHRAStock name = Emudhra Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
EMUDHRA BUYThe stock is coming out of a mitigated FVG after snatching liquidity. It is further supported by no more sellside bearish FVG being created, meaning that there is not much sell side interest. This is a bullish sign and the path of the stock may look something like that. No buy sell reco NSE:EMUDHRA
EMUDHRA - TRADING AT RESISTANCEEMUDHRA - eMudhra Limited - TRADING AT RESISTANCE Chart Insights - Day Chart We can see stock is trading in the channel pattern and now at resistance , If stock breaks the resistance and we can expect upside move if its sustain above the resistance. BUY Active only on top of resistance , it may try to retest the same level in coming days, best buy on retest level & keep monitor. Drawn support and resistance levels on chart for entry and exit reference
eMudhra : undergone a notable breakoutAs of the most recent market activity, eMudhra Limited's stock exhibits an intriguing opportunity for swing trading, having recently undergone a notable breakout accompanied by robust trading volumes. Swing traders, who aim to capitalize on short to medium-term price movements, may find this setup appealing as it signals a potential shift in sentiment and the initiation of an upward trend.
The breakout, a key technical indicator, signifies that eMudhra's stock price has surpassed a significant resistance level. The added factor of strong trading volumes during this breakout suggests a broad market interest and participation, reinforcing the credibility of the upward momentum.
Swing traders considering a position in eMudhra may contemplate entering a long trade to benefit from potential further upward movements. It is essential, however, to establish clear trading parameters to manage risk effectively. This includes setting a stop-loss to limit potential losses and a take-profit level to secure profits at a predefined target.
The confirmation of the breakout with substantial volumes enhances the conviction in the trade, as it indicates that the price movement is supported by a substantial number of market participants rather than being driven by a few isolated trades.
To complement technical analysis, traders should conduct comprehensive research on eMudhra, examining fundamental factors that may impact the stock's performance. Staying informed about recent news, company developments, and broader market trends can provide valuable insights for making informed swing trading decisions.
As with any trading strategy, it's crucial for swing traders to remain adaptable, regularly reassess their positions, and stay informed about evolving market conditions. As the market landscape can change rapidly, being attentive to any shifts in sentiment or unexpected developments is essential for successful swing trading. Individuals engaging in swing trading should also consider their risk tolerance and may seek guidance from financial professionals.
EMUDRA SUPPLY EXHAUSTIONAfter the up rally there was not much supply coming. Was trading in a range. Now it has given a breakout with huge volume. Quarterly result is also good. I would have like if the volume would have come after some days of results. It is not clear that how much retail investor has entered the stocks after seeing the good quarterly result.
EMUDHRA LTD SWING TRADE IDEAEMUDHRA LTD reading to break its weekly resistance zone from last 2 days there are gud volume in EMUDHRA LTD and yested ended with inverted hammer candle near abt weekly resistance zone once closing abv inverted hammer candle high you can play for swing with your prefered RR.
How to trade Bullish Mat hold candleBullish mat hold is commonly mistaken as only a five candlestick formation. In a simple word, it is a chart pattern that shows small market corrections after an up move and yet hold the profit zones before the final candle continues the trend of the first day by pushing the price higher and continue the movement of the first day.
For instance, If you see the chart of Emudhra, you will realize after the initial spurt in the price of the stock there were small corrections and yet the stock manage to hold the initial price of 239. The smaller corrections can also be called as Time correction . However, to confirm a pullback certain indicators can be used like.
1. Use Fibonacci retracement levels to set entry level, stop loss and take profit
Keep in mind that one of the flaws of the Mat Hold pattern is that it requires other tools to get a good entry-level placement and set stop loss and taking profit targets. For that purpose, using Fibonacci support and resistance levels could solve this problem. Incase, you don't have the continuing chart like in case of Emudra in this case the entry point will be ideally be at the 23.6% or 0.0% levels, and take profit is set at 61.8% or 78.6% Fib levels.
2. Use RSI Stochastic
This indicator is a leading indicator which can really help in estimating the time of reversal and continuation of long trend. While the charts indicates that they are holding the initial long position, RSI Stoch will be indicating the oversold zone with value dropping below 0.20 that will be a kind of diversion signal stating the stock is ready for reversal to its original trend.
In Nutshell.
1. The Mat Hold continuation pattern is a signals the existing trend is likely to continue
2. To trade the Mat Hold pattern, a trader must wait until the last candle is completed and closes above the previous small candles
3. Set up RSI Stochastic to determine the entry level, an oversold signal after the small negative continuing candles will help in early entry in the stock.
4. Setting stop loss and take profit orders requires a trader to use Fibonacci retracement levels