FIVESTAR BUSBreakout happend in this stock with rising 200dma.
Keep your risk and reward ratios according to your own preferance.
This is for educational purpose, do your own research before investing.
FIVESTAR trade ideas
FIVESTAR S/RSupport 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.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 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.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
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.
SWING IDEA - FIVE STAR BUSINESS FINANCE LTDFive Star Business Finance, a leading NBFC (Non-Banking Financial Company) providing small business loans, is showing promising technical indicators for a potential swing trade.
Reasons are listed below :
750-780 Levels Tested Multiple Times : The 750-780 levels have been significant resistance zones. The price is again attempting to break through these levels, indicating strong bullish momentum.
Bullish Marubozu on Daily Timeframe : The recent formation of a bullish marubozu candle on the daily chart indicates strong buying pressure and suggests potential for further upward movement.
Bullish Engulfing Candle on Weekly Timeframe : The weekly chart shows a bullish engulfing candle, which engulfs the previous week's candle, signaling a strong shift towards bullish sentiment.
0.5 Fibonacci Support : The stock is finding support at the 0.5 Fibonacci retracement level, suggesting a strong base for a potential upward move.
Breaking 6-Month Consolidation Zone : Five Star Business Finance is breaking out of a consolidation phase that lasted for 6 months, indicating the potential for a new bullish trend.
Trading Above 50 and 200 EMA on Daily Timeframe : The stock is trading above both the 50-day and 200-day exponential moving averages, indicating a strong uptrend and providing robust support levels.
Consistent Higher Highs : The stock has been consistently making higher highs, reflecting ongoing bullish sentiment and a sustained uptrend.
Target - 875 // 950
Stoploss - weekly close below 685
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@visionary.growth.insights
FIVESTAR1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
FIVE STAR READY FOR BREAK RANGE BREAKOUT...NSE:FIVESTAR trade at 825 level. After break the 850 level you can watch it as a next resistance at 1000 level.
Five star price movement probability Five star bus can move either of the 2 probability... Watch out
Five-Star Business Finance Ltd -CONSOLIDATION BREAKOUT w/ VOLUMEThe company reported a 36.94% increase in net profit, reaching ₹251.57 crore, compared to ₹183.71 crore in the same period the previous year. This robust profit growth, along with a healthy net profit margin of 37.58%.
Additionally, foreign institutional investors (FIIs) increased their holdings from 24.34% to 27.67%, further boosting the stock's appeal. These factors, combined with an overall bullish trend in the market, contributed to the stock's upward movement.
FIVESTAR BRAKEOUT ON DAILY CHARTNSE:FIVESTAR
FIVESTAR gives brake out on daily chart.
I am buying this stock
Near 795
And follow sl on 670
My target will be 960
My risk reward ratio is 1:1.50
Return on capital 20%
Five star business finanaceFive star business finanace
Stocks looks very good for upmove from here..
Cmp - 668
💥Market Cap - 19486 Cr
💥Stock PE - 32
💥Profit growth - 33%
💥Profit margins - 71%
FIVESTAR go longif it crosses 714.70 then
Enter at 714.75
Stop loss : 679.60
Target: 784.40 ( 9.7% Target)
Not a SEBI registered, do your own analysis before taking trade , it's for educational purposes only
📈 Five Star Business Finance Ltd 📈 📈 Five Star Business Finance Ltd. Analysis:
1. 💼 Stock: Five Star Business Finance Ltd.
2. 🎯 Target: Rs. 876
3. 📊 Volume: Good volume observed.
4. 📈 RSI: Above 60, indicating potential strength.
5. 📉 MACD: Crossover, a bullish signal.
**Disclaimer:**
This information is for educational purposes only and not a financial advice or recommendation to buy or sell any stocks. Always do your research and consult a financial advisor before making any investment decisions. Past performance is not indicative of future results. Invest at your own risk.
