JWL looks ready to fly againJWL broke out recently and now it has taken support from the triangle. It has been bought back again very quickly. Good to time to buy these kind of bull stocks which are flying like hell. Longby vasanthcse200512
SWING IDEA - JAMNA AUTOJamna Auto Industries Limited , a key player in the automotive sector, is showing promising technical signals for a potential swing trade opportunity. Reasons are listed below : Jamna Auto's chart displays a bullish cup and handle pattern breakout, indicating a reversal in the trend. A bullish engulfing candle on the weekly timeframe signals a potential uptrend reversal. Trading comfortably above the 50 and 200 EMAs on the weekly timeframe suggests strong bullish momentum. Breaking out of a consolidation range spanning over two years indicates a shift to a trending market. Approaching a new all-time high suggests further upward potential. A sudden surge in trading volumes accompanies the recent price movement, indicating growing market interest. Target - 150/160 StopLoss - weekly close below 114 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insightsLongby Visionary_Growth_InsightsUpdated 31
Swing opportunity on POWERGRIDHope you all recovered from huge swings for the past couple of days. I recently happen to find a swing opportunity on POWERGRID daily chart where price is moving between a ascending channel. Price is at support level with the formation of double wick on the bottom indicating there is a strong buying pressure at this level. Once can enter just above todays high with a stop loss just below todays low. Target can be at the next resistance level. This trade offers an ideal risk reward at around 1:2.5. Hope you like this analysis. If you think it was helpful please boost this idea or leave a comment down on what you think. Otherwise happy trading :-)Longby digijagan3
Short on Icici bankA Failed breakout goes the other way. Thus I am short on this. Stop loss is in the chart. Shortby vasanthcse2005Updated 4
SWING IDEA - JUBILANT INGREVIA LTDConsider a promising swing trade opportunity in Jubilant Ingrevia , a leading player in the specialty chemicals industry. Reasons are listed below : Breakout from Strong Resistance : Successfully breaking through the 500-520 resistance zone after multiple tests, indicating potential bullish momentum. Bullish Marubozu Candle : Strong buying momentum signaled by a bullish Marubozu candlestick pattern on the daily timeframe. Increased Volumes : Notable spike in trading volumes reflects growing market interest and potential accumulation by investors. Breakout from Consolidation : Breaking out of a 7-month consolidation phase, signaling a shift in market sentiment and potential for sustained upward movement. Higher High Formation : Consistently forming higher highs, indicating increasing bullish momentum and potential for further gains. Trading Above 50 and 200 EMA : Trading above both the 50 and 200 Exponential Moving Averages (EMA) on the daily timeframe, confirming bullish bias and potential for trend continuation. Target - 590 // 645 Stoploss - daily close below 490 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insightsLongby Visionary_Growth_InsightsUpdated 17
Adani Energy Solution Entry - above 1230 SL - 1136 Tgt - 1363, 1632, 1953, 2282 This is just a view. There's no buy/sell recommendation.by Vallabh692
EID Parry Cup & Handle PatternNeed to cross 4th June High @ 699 and sustain Sugar Stock (Keep in Mind ) RSI above 60 Daily / Weekly / Monthly Support 647 Expected level 799 then 900 Longby ManojTembulkar2
GODREJCP | Godrej Consumer Products ideaGODREJCP | Godrej Consumer Products idea Godrejcp looks good above 1213/1237 ( STOPLOSS) tgts expected - TP1 TO TP4/TP5Longby XDataAnalystUpdated 4
"U" shape pattern Breakout3 Year consolidation and simple "U" shape pattern breakout,.. Longby Bhupen_AUpdated 3
EIDPARRY on weekly time frameEIDPARRY gave breakout on weekly time frame but we should wait for a retest and then can go for swing. Please give your feedback in comments.Longby mystery_indian3
SWING IDEA - KPR MILL LTDToday, we delve into KPR Mill Ltd , where a confluence of technical factors suggests a potential swing buying opportunity. Reasons are listed below : KPR Mill Ltd recently revisited the critical support at 760 levels, a zone that has historically proven significant. The noteworthy aspect is the successful breach and subsequent retest, signaling potential strength. Weekly charts showcase a bullish dragonfly doji, signaling a potential trend reversal, while daily charts reveal a bullish hammer pattern, enhancing positive sentiment. The stock bounced precisely off the 200-day Exponential Moving Average (EMA) on the daily chart, highlighting this level as a robust support. Continuous formation of higher highs affirms the sustained uptrend in KPR Mill Ltd, reflecting positive market sentiment. With the stock trading above both the 50-day and 200-day EMAs, there is added strength to the current positive trend. Target - 861 // 928 // 1050 StopLoss - weekly close below 716 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insightsLongby Visionary_Growth_InsightsUpdated 3319
SBINKeep an eye on the STATE BANK OF INDIA as it approaches a minor resistance area. If the price holds above this level, it could present an opportunity for a profitable long trade.by Kartik_Elkunchwar3
stock selection stock selection for 05-06-2024. gpt inffra deep industries hul dabur britaniaLong02:17by duspercent2
sell at zone ~ intradayexpecting small fall from the zone . look for confirmation inside zone in smaller tf. - good for intraday trade - entry inside zone - sl is day close above zone - for target draw fib retracement from C to latest swing high , use 0.236 fib as tgt 1 (safe place for intraday), 0.382 as tgt 2 (risk takers). - don't trade , if u didn't get selling confirmation inside zone - if day close is above this zone , this pattern becomes invalid.Shortby rajeevmmails4
SBIN - Setting up for nice correctionSBIN chart is setting up for a nice corrective move post elections. This stock is still looking strong for a bigger move to the upside. Will be waiting patiently for the price to correct towards the given level of DemandLongby VishalSubandh8
SWING IDEA - SAPPHIRE FOODS INDIASapphire Foods , a leading player in food and beverage industry, emerges as a potential swing trade candidate. Reasons are listed below : Ascending triangle pattern breakout observed, suggesting potential bullish continuation. Bullish engulfing candle on the weekly timeframe, engulfing the previous 13 weekly candles, indicating a strong bullish reversal. Breakout signals the end of a consolidation phase lasting over 2 years, suggesting a release of pent-up buying pressure. Trading near all-time high, reflecting robust bullish momentum and investor confidence. 50-period exponential moving average (EMA) on the weekly timeframe providing significant support, reinforcing bullish sentiment. Target - 1780 // 2000 StopLoss - weekly close below 1350 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights Longby Visionary_Growth_InsightsUpdated 12
SWING IDEA - ASHOK LEYLANDThis chart reveals a harmonious convergence of price action and key indicators, suggesting a potential buy opportunity on the horizon. The stock has displayed remarkable strength, with patterns that indicate a possible upward trajectory. Reasons are stated below : price tested 168 levels twice on weekly tf and finally has come down to retest after a strong breakout 0.382 Fibonacci level support 50EMA support on daily tf formed 2 hammer like candles with a long wick indicating a buy-push ASHOK LEYLAND is a fundamentally strong stock on which we can rely. this seems to be a golden opportunity to buy this gem. TARGETS - 207 // 233 // 260 // 300 SL - 154 thank you.Longby Visionary_Growth_InsightsUpdated 4447
HINDUSTAN UNILEVER : Updated Price ActionHere are some pointers to keep in mind: - One year-long consolidation. - Clearly defined support and resistance. - 6 Week consolidation at the resistance zone makes the resistance weak - Recent breakout was prevented with a long upper wick. A.K.A Sellers present. - Margin of Safety is a mere 6% ( CMP vs ATH) - There is no clear winner yet as the signals are mixed. - A break of the consolidation range may lead to zone-to-zone momentum What is your take on it? Feel free to comment. If it helped, Do Leave us a boost 🚀 Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)by TheCharteredsUpdated 3352
BUY ADANI ENT for gain of 25%With short term profit target. Adani Ent is forming a pattern and it should break it with upside movement in coming days. once it break the resistance level, it might go further up with the support of new government. This is just for knowledge purpose only, invest at your own risk. Key factors: 1. Favourable Govt. 2. High volume at resistance shows better opportunity. Longby karankumar16091
Swing trading idea on TATAMOTORSTATAMOTORS has been trading within the channel pattern for quite some time now. With the formation of hammer at the support level indicates an ideal entry point for a short swing with target at next resistance level. Entry can be held just above todays high that would provide an ideal risk reward of 1: 2.5. There are quite a lot of stocks that has given entry at key support levels unfortunately, I couldn't name it all here as I study every stock individually. If you like this idea, please boost this idea or leave a comment down on what you think. Otherwise happy trading :-).Longby digijagan1
SUN TV 5 year break outafter 2018 now break out level volume growth reested level support 580Longby ManojTembulkarUpdated 13
Good time to long TCSIt is in good support region. Worth trying to enter now. I have given a big stop loss in case it crashes from here due to market crisis.Longby vasanthcse20051
SWING IDEA - JUBLFOODLooking good for next leg up Successful retest of swing low Looks good till 550 and aboveLongby thepranamUpdated 4