The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
There is a monthly breakout on the Adroit Infotech Chart. The Stock was resisting the 10-12 price zone since Nov 2019. In June 2022 it gave a breakout and since then also able to sustain above it. Now sustaining the same, the stock could move towards 25 levels in the coming months. Positional long Trading with Strict stop loss
Glass industry is shutting down in Europe due to elevated gas prices, Indian glass manufacturers may get benefited out of it. Asahi India Glass is one of the beneficiary. stock is giving a C&H BO. Target, SL is as given in the chart.
Volume looks quite impressive any move above the trendline can give a good move. Please note: If volume goes above Moving Average then the convection for this trade will go higher.
After giving a bit good correction, this stock may show a good move in short term, add it in your watchlist.
After consolidating for a year, this stock may give a breakout. Volume looks impressive, weekly closing above the resistance may give a good move. Add it in your watchlist.
Pidilitind Looking Bullish 2320 & WILL TOUCH 2370-2440-2500 IN COMING DAYS
Here is our swing and positional trade watchlist. The dip has given birth to a few opportunities in some good stocks. What's your view? Made with @AVENUESOFINVESTMENT
The stock saw a very good move from 530 levels to 581 levels in just the past few sessions, now it is consolidating in a range of approx 10 points near its previous resistance zone. Considering the previous straight move, it looks like the stock is getting ready for a breakout.
We are at the end of March and M&M's monthly chart has formed a huge pin bar which suggests bullishness. I'm buying M&M at current market price (793) for a target of 979 in the next 3-4 months. This is a Positional trade, so no stop loss. NSE:M_M
G'Day Traders and Analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged neutral, until the opportunity for a close reaches the profit taking zone. This will be activated as long, where an imbalance is formed...
Currently, SBIC has been trading at the levels, where it consolidated in the past for many many weeks . The same levels can act as good support for the stock. Disclaimer: Not a recommendation to trade
Relience taking Support at major SR level. Made bullish candlestick in daily TF with good volume (higher than previous days). Also taking Support at trend line. Also @200 MA in daily TF. Made base in smaller tf with Cup and handle pattern. Also broke resistance trend line while closing session with high volume. Market sentiments are bearish but expecting reversal...
Godrej Properties has fallen about 40% from its all-time highs in the past few months. Currently Stock is trading near its imp weekly support @ 1470- 1430 levels. If held all good, if not then the next good support I see is around 970 - 870 levels, about another 600 points from current levels 🤯. As per the history stock, the stock does have the tendency of...
NSE:INDUSINDBK has corrected 33% from all time high. Price made a double bottom pattern from which it broke out. The double bottom was also formed at a price range where the stock already took 3 supports. Indusind also came out with good results. It is good buy at this price for long term as well. Enter 20% position after break of yesterday's high. Expect some...
Icici Prudential is at multi-timeframe support. The structure of the stock is still maintained of higher highs and higher low, hence if this support {530-520} is held, chances are high that the correction we are seeing in the stock since 700 levels might end and stock may resume its bigger trend ( uptrend). Disclaimer: Not a Recommendation to trade.
IPO base breakout. Fundamentally very strong. Refer the chart for details.
SWING TRADES LONG KOTAK BANK NEAR THE TRENDLINE AROUND 1730-1740 SHORT BELOW 1660 CONTINOUS SUPPORT NEAR 1690-1700 ZONE.