IDEA has expanded to a significant area of price defined as a volume imbalance. We had a good reaction. I believe we will sell into the marked bullish volume imbalance. I am still cautious of longs because the lows of the chop have bee retained. If this drive higher had been after taking the eqwl lows marked it would have been an excellent buy.
We are still in chop city for these futures. We need to wait for these lows to be taken.
Short Term Trading Advice by Goodluck Capital Buy Rural Electrification Buy Range- 500 - 515 Target- 560 - 570 StopLoss- below 470 Potential Return- 10-12% Approx trade duration 10 - 12 days
Havells India , a leading electrical equipment company, is presenting a promising swing trade opportunity. Reasons are listed below : Breakthrough of Resistance Zone : The 1450-1500 zone has historically been a strong resistance area. The price has broken through, retested, and is now again breaking previous higher highs, indicating a potential upward...
A potential swing trade opportunity in Suzlon Energy - a leading renewable energy solutions provider in India. Reasons are listed below : Strong Support at 34-36 : Suzlon Energy has found a robust support level in the 34-36 range, indicating resilience and potential buying interest at these levels. Bullish Engulfing Candle : A bullish engulfing candlestick...
Consider a promising swing trade opportunity in Anupam Rasayan India , a leading specialty chemicals manufacturer. Reasons are listed below : Strong Support Zone at 800-850 : Anupam Rasayan India has a strong support zone established at 800-850, indicating significant buying interest and potential reversal points. Hammer Candle on Weekly Timeframe : The...
Good volume accumulation indicates strong financial+consistent 4 good quater results indicates business growth+ 50EMA support on technical basis
After consolidating for a good amount of time after a strong uptrend, the stock is ready to break out. The support on EMA is intact and the volume push supports the break out. Looks good for a short term trade Entry - Above 1716 SL - Below 1627 Target - 2000+
Spent hours on an Engineers India con-call, sharing analysis to the point in disc: Invested, do your own research 📊 Company Update on Engineers India Limited (EIL) #EIL #Q2FY24 #FinanceReport Financial Performance: EIL's turnover for Q2 ending Sep 2023 was INR 777 cr, a slight dip from INR 808 cr in Q1 FY23-24. Half-year turnover stood at INR 1586 cr....
BSE:KOVAI #kovaimedical 10 year Glance Medical College Added some new capex Disc: Invested, DYOR
April and May 2024 have been amazing in terms of returns from MIDCPNIFTY monthly options contract. Had some awesome trades in April and 2 trades in May (first SHORT and now LONG), both giving massive returns. I was trapped in the intraday or scalp trading, by following Telegram channels blindly, without knowing a thing. Today I dont depend on anybody to take...
NSE:SAIL now SAIL is cyclical stocks on doorstep of multiyear breakout it's PSU - now that's in flavor disc: no investment , sharing for knowledge
This stock breakout 20 years resistance level TGT will be 1X and This is only for educational purpose
This stock breakout major trendline and resistance level so future up move will come this is only for educational purpose
Key Zones Supply Zone (Resistance) represented by the Red Box. The price has shown a clear rejection in this zone multiple times, indicating strong selling pressure. Demand Zone (Support) represented by the Green Box. Historically, this zone has acted as a strong support, suggesting buying interest in this area. Patterns and Trendlines RSI (Relative Strength...
Macro Monday 47 – Major Trading Opportunities In India 10 Reasons why you need to pay special attention to India’s economy Before I start there will be major market opportunities in India that will present over the coming 12 - 36 months in India. As an investor or trader, you cannot ignore this market. 1. India is on track to become the world's 3rd largest...
We are at around the 50% area of the current range. My analysis is for all time highs to be taken. Lets wait and see.
This was the first Indian futures product I looked at after a friend asked me for an analysis. Lots and lots to study and see.