Long at nifty50 for longterm investing I think nifty50 and indian share market continue that trand nifty50 index continue close above previous swing high and indian economy much support tha market and clearly market is bull grip so next this trand probability is high higher side nifty bank is also near all time high 50ma is above 100 or 200 all ma is rising up, price coming this level, 3rd attempt so high probability is this zone is reacts good support 👍👍
Nseindia
Nifty50 outperform all markets technical also giving signal I think nifty50 and indian share market continue that trand nifty50 index continue close above previous swing high and indian economy much support tha market and clearly market is bull grip so next this trand probability is high higher side nifty bank is also near all time high 50ma is above 100 or 200 all ma is rising up, price coming this level, 3rd attempt so high probability is this zone is reacts good support 👍👍
MINDTREE is forming triangle patternNSE:MINDTREE large cap IT stock is forming triangle pattern.
Even though it breaks triangle's resistance, only after breaking US resistance, good up move can be expected in IT stocks.
However with trailing SL after strong break can be tired.
Also know this news:
NSE:MINDTREE and NSE:LTI to be merged.
Upon the scheme becoming effective, all shareholders of Mindtree will be issued shares of LTI at the ratio of 73 shares of LTI for every 100 shares of Mindtree. The new shares of LTI so issued will be traded on the NSE and BSE. Larsen & Toubro Limited will hold 68.73 % of LTI after the merger.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
ADANIGREEN is forming triangle patternNSE:ADANIGREEN large cap adani stock is forming triangle pattern.
Cons:
Very high PE ratio - 600
Very high debt to asset ratio - 0.9
News driven stock
Pros:
Adani stock
30% below its all time high
Green energy sector
Not recommended for long term as price can crash any time due to high PE ratio. But good pick for swing with very high risk.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
L&T Finance Holdings is forming triangle patternNSE:L_TFH midcap stock is forming triangle pattern for a year facing 4 rejections in resistance line.
Financials doesn't seems to be attractive, hence long term holding is not the view. However strong pattern break can be a good entry for 15% - 30% returns.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
BSOFT is forming channel patternNSE:BSOFT small cap IT stock is forming channel pattern.
This stock is trading at 50% below its all time high, but producing good result, hence giving wonderful opportunity to take high returns when US market turns favorable.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
TATACONSUM is forming triangle patternNSE:TATACONSUM large cap stock is forming triangle pattern.
This fundamentally and financially strong stock is trading 15% below its all time high, and at the support of the triangle pattern.
Hence it seems like a good opportunity to accumulate.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
AXISBANK- 240 MINS TIMEFRAMEHi there,
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 (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
JP ASSOCIATES WEEKLY TIME FRAME#JP ASSOCIATES....
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 (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
OLECTRA is forming triangle patternNSE:OLECTRA small cap e-bus stock is forming triangle pattern.
EV related stocks with strong financials are good to average at every dips and wait for good up move on a relevant news.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
KPITTECH is in retracement after Channel breakoutNSE:KPITTECH midcap broke out channel pattern on 2022-09-22 and is in retracement at channel resistance turned as support.
Pros:
Strong fundamentals and financials.
Consistent revenue and profit growth.
-ve net debt.
Consistent dividend yield.
Cons:
Continuous reduction in FII and DII holding.
High PE ratio.
Price above Intrinsic value.
Entry : Enter if price goes above recent high of 684 with strict SL.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
APLAPOLLO is forming triangle patternNSE:APLAPOLLO mid cap stock is forming triangle pattern.
Cons:
Trading above it's intrinsic value.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
Dxy - Educational ContentHey Traders,
#Educational Content,
Trendline: We can draw trendlines, bullish trendline by connecting minimum of 2 Swing low points as show in the image attached.
SMMA's - Smoothed Moving Averages: can be used as a support for the entries. along with the candlestick price action confirmations. when it touches the trendlines. as shown in the image above.
Candlesticks Pattern: We can use this confirmation for entries, when it creates a candlestick pattern as Double bottom, triple bottom, or any bullish rejections after it hits the SMMA's as shown in the chart image above.
Entries: - Entries Better entries shall be, once when its hits the SMMA's
Stop loss: Stop loss Can be always placed below the impulsive moves. in a trending market.
Targets: Targets can be set to the equivalent of the previous impulsive move/ to the Swing highs preferred firstly.
Confluence for the trade entries: We can look for entries once the prices hits our trendlines, SMMA's and candlestick confirmations as show show above.
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 (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support.......
ZYDUSLIFE is nearing channel's supportNSE:ZYDUSLIFE midcap scrip is trading in a channel pattern for 5 months.
Now its trading near is support, confirm strong bounce with high delivery volume.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
FINANCE seems to have some serious issues!!!17700 is a strong number for CNXFINANCE!
For the first time, it has broken above 200EMA in 15m TF!
Sustainance is the question!
IMO, it might be a fakeout!
Volumes are low!
VIX is too high!
Therefore, I'll take the privilage to go short here!
Will be selling calls to grab the premium!
Keeping a sl at 17770!