News- Semiconductor currently focus , Fundamental - this stock look good , company PE ratio less than industry PE, - operating profit - improving -Fii increase position, retail position decrease Technical - Price fall but selling volume less , look like accumulation happen.
heavy accumulation happen, RSI divergence. Elliott wave and harmonic pattern are technical conformation Stock fundamental worst ,so no fundamental. Cmp-134 200/around next strong resistance
Swing trade , yesterday bulkdeal happened. Also break on chart previous buyer trap area. Max loss 5/6% Target 12/13% Target based on next previous trap buyer zone area . Exit when 1056 below 15min candle closed sl trigger, Or price consolidation start at previous trap area mark zone , cut position here
Looking good volume build up, My sl 2/3% max(500 below 15price sustain cut my position) Entry 516 above 15min closed sustain entry Target idk , just trailing, but expection 15/20%
569 above looking good, Max loss 4% Min Target based on fib - 8% Next target 23 %
Recently icic mutual fund bought, 4jul Now again some activities see yesterday, heavy buying more then 70% quantity delevery. Nyka result also improving.
64-61 trap area, 59/60 area buyer active. If above 64 price sustain, then 64-59 became good support Below 59 put Stoploss.(9/10% loss] Target based on fib, 25% gain .
2 positive news , launch public offering and Partnership with BSNL , revenue sharing.( After hike price jio , airtel , maybe public shift bsnl revenue grow and this company also get some benifit.... Just my thoughts 💭) Look like technically going for wave 5th , currently volume increase faster, big players intrested
Based on Elliott, 5th wave is completed, Also look like big players start buying.
Reason -Extreme buying volume, Stop loss based on atr Target based on fibo
Based on VCP strategy with some modifications. Buy Swing minimum Target 5% , and maybe big candle posible ( according to backtest data) ( Im just reversal trader from last 4year , but I try to move on trend follow. Reason. In reversal stock consolidation avg 3-6 months avg so my money stuck it. Trend and movement stock give return or sl in just few days to...
Stock given break out with volume. 434 below 1day candle closed stoploss. Target -600(26% max Target) Sl-434 (7%) If you need more small sl then add half quantity CMP. Other half at retest area.
From price action perspective looking strong, In any correction good to look this type price action stock. -Monthly close above resistance , with monthly strong volume candle. - Retest with low selling volume . SL below monthly candle low (62) stop loss is high around 20% from cmp. Add in part to minimum risk.
Currently price on strong support zone , And RSI also show support on monthly and weekly base. But I think this is Wave C ---> wave 3 running maybe I'll wrong. If price break support zone after consolidation, then next best zone is 225 around, (Here harmonic shark, volume, I think 5th and wave c 100% complete) Personally thinking both zone interesting 245 near...
Nifty currently running in corrective wave , I think now it completed. And volume also decreased.
I have used Elliot wave, harmonic, and personal strategy that show Target of price ( use Fibonacci calculate 2 swing and based on calculation show Target this strategy develop by me) Fib strategy - If Target line break ( fibo Target)then will big fall , or price atleast come near Target price and we will see reversal.THIS STRATEGY ACTIVE BELOW 44440 This is...
On weekly time frame gartly pattern and price may retest . Also volume build up. I'm take entry on this based on technical analysis ( Swing entry) Sl-12/13%, Target -30/33% This is risky stock, because now company financial effect by 30% tax rule. Before investing check financial also may it help you alot .
Weekly trend line break out with good volume build up shared chart pattern and volume analysis for knowledge purpose. If price respect level and don't close below 12 then maybe price up If close below 12 , then short to medium term may we see BEARISH to sideway sentiments. Here I share both side perspective, buying or selling it depend on you. Be for...