This 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...
The stock is in continuous uptrend , with no evidence of sellers in major time frames. The stock has reversed from 38.2% retracement in weekly. I am looking to enter this counter at cmp with 184.20 as SL and minimum 15% ROI - 224 and then trail further.
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...
A potential swing trade opportunity in PCBL (Phillips Carbon Black Limited), the largest carbon black manufacturer in India. Reasons are listed below: Strong Support at 230-240 Zone : PCBL is rebounding from a robust support level, reflecting market confidence in the company's leading position and expertise in the carbon black industry. 'W' Pattern : A 'W'...
Varroc Engineering presents a compelling case for a potential swing trade, backed by several key indicators. Reasons are listed below : After multiple tests, Varroc Engineering broke through the crucial 500 level and is now retesting it, indicating a potential shift in market sentiment. A doji candlestick formation on the weekly timeframe and a bullish...
Ashok Leyland, one of India's leading commercial vehicle manufacturers, presents a compelling opportunity for swing traders. Reasons are listed below : Cup and Handle Pattern : The stock has formed a cup and handle pattern, indicating a potential bullish continuation. This pattern suggests a brief consolidation followed by a breakout, typically leading to an...
Carborundum Universal , a renowned conglomerate in the industrial sector, presents a compelling swing trade opportunity. Reasons are listed below : A bullish Marubozu candle on the weekly timeframe signals strong buying pressure and potential upward momentum. The stock is breaking out of a consolidation phase lasting over a year, indicating a significant...
Consider a compelling swing trade opportunity in Aavas Financiers , a leading housing finance company in India. Reasons are listed below : Bullish Marubozu Candle on Weekly Timeframe : Aavas Financiers shows a strong bullish candlestick pattern, indicating robust buying pressure and potential upward momentum. Engulfing 22 Weekly Candles : The stock's bullish...
With a rich legacy and a strong foothold in the industrial sector, Finolex Industries emerges as an intriguing candidate for swing traders seeking opportunities in the market. Reasons are listed below : Breakthrough Attempt: After multiple tests, the stock is attempting to break through the critical 240 level, signaling a potential bullish breakout. ...
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.
Patience is required when we look at daily time frame analysis. But remember HTF order flow is KING. Buys from the OTE marked.
Beautiful reaction from the daily Order Block. I would have liked to have seen a deeper retracement to at least 50% of the range. But then what a run.
Significant opportunities for the astute buyer for asian paints futures. Always confirm your entries on a lower time frame to reduce risk. Use a stop loss and good luck.
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...
MUTHOOTFIN has reached a crucial resistance level on the chart. The price has respected this highlighted zone, and we should watch closely for a valid reversal or breakout confirmation. Given that the previous run encountered significant selling pressure at this point, careful attention to price action on lower timeframes is necessary for confirmation. A breakout...