Indianmarket
Arvind Ltd Swing, Short Term and Long Term Trade Idea6M chart shows a Double bottom breakout, we need to wait till December closing, aggressive investors may consider trade now. This shows a potential 100% return from here.
Monthly and weekly chart shows an all time high breakout, after 5 years of consolidation and hitting the same supply region.
This chart shows opportunity for swing and short term.
75 minutes has broken out of small consolidation zone, potentially leading to the next target zone of 185. For swing trade one may consider this.
Trade at your own risk, Happy trading!
ELECTROSTEEL CAST A 50% ROI Idea For a Mid Term HoldingThe stock has given a 15 year breakout in Yearly timeframe.
It is in strong uptrend, trading above 15 year high.
Weekly and Monthly are showing inside candles, consolidation is happening.
Entry :- Buy on each dip, for now at current market price.
Target :- 155,175,200.
ASHOKLEY: Buy Signal and OB Support Ahead of Earnings Event 🚀📉Dive into the dynamic market landscape as we spotlight compelling opportunities surrounding Ashok Leyland (ASHOKLEY). NEOALGO's analysis unveils a promising scenario with a recent buy signal and robust support from an order block, complemented by an upcoming earnings event.
The convergence of a buy signal and support from an order block signifies a potentially favorable market sentiment for ASHOKLEY. As investors consider their strategy, the anticipation of an earnings event adds an intriguing layer to the stock's narrative.
It's essential to approach with diligence. While these insights offer valuable perspectives, NEOALGO is not SEBI registered. Investors are encouraged to conduct thorough research, understanding that their decisions directly influence their profit or loss.
Navigate the markets with confidence, explore the opportunities presented by ASHOKLEY, and strategize wisely based on our detailed analysis. 📈💼 #ASHOKLEY #BuySignal #OrderBlockSupport #EarningsEventInsights
Indian Oil looks good for 30-40% upside in coming months#IOC looks great here as it is breaking out
30-40% move is possible in coming months.
More so, If anyone is holding this for long-term, along with the upside, there is a good % that one can earn in terms of Dividend yield. In the past 12 months, Indian Oil Corporation Ltd. has declared an equity dividend amounting to Rs 8.00 per share. At the current share price of Rs 106.55, this results in a dividend yield of 7.51%
IRM ENERGY 240 MINS TIME FRAMEThe 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
Nifty Bank View for Upcoming MonthHello Everyone,
As we know on 1st of February, Union Budget is going to be announced. After that there will be a major reshuffle in the stock portfolios of the FIIs. Beside this Banking Sector is always on the top priority. So here we will discuss the major Support and Resistance Levels which if breaks could give a one sided momentum.
So, basically we have seen Nifty Banks is trading closes near 45360 levels, if supposedly it takes takes support of 44500 and goes beyond that level then it will go till 43380 level. But if it start moving upward and cross the major resistance zone of 46300 level then there will be a great rally further. Upcoming levels shall be 47210-48270-49100. Optimistically the market mood depends on the Budget day and after that. One side momentum will start after next week of budget most probably.
Thanks
SWING IDEA - NYKAA (FSN E-COMMERCE VENTURES)This study involves a meticulous examination of historical price patterns, chart formations, and key technical indicators that collectively point towards an opportune moment for investors in NYKAA .
Reasons are stated below :
The 155 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels.
50EMA and 200EMA support on daily timeframe.
Doji candle on weekly timeframe.
0.382 Fibonacci support.
Broke strong consolidation of 1year.
Target - 194 // 224 // 247
StopLoss - Daily close below 153
Swing trade idea for Monday in Nitin Spinners x
👋 Hey there! Ready to dive into the trading game? I'm your go-to Technical Analyst for some cool trade observations and trading wisdom. Just a heads up, my recommendations are all about learning and watching – no pressure to jump in. Let's break down those charts and turn them into some savvy trading know-how. Ready for a laid-back but enlightening journey through the markets? Let's do it! 📈✨ NSE:NITINSPIN
Vardhman Acrylics Ltd :-: analysis ⏰ VARDHACRLC📌 DYOR ( do your own research 🔎 ) 📍 NFA
Above yellow 🟡 close 📌 beginning of upward ⬆️ momentum
It's small cap stock with high :-: promoters / with good dividend 📌
₹92 is key resistance 📌 we see some pressure :-: above it ☑️ never visit box below yellow 🟡
🎯 ₹111
🎯 ₹144
🎯 ₹300
Below green 💚 box 📍 danger ⚡
Just save my idea 💡 follow and give boosting 🚀 and pls share 🤝
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