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SWING IDEA - ZENSAR TECHNOLOGIESZensar Technologies , a global IT services provider specializing in digital transformation and technology solutions, is showing strong technical signals for a potential swing trade. Reasons are listed below : Head and Shoulder Pattern : This classic reversal pattern indicates a potential shift in trend direction. A completed pattern and subsequent breakout could signify a bullish move. Breakthrough of Resistance Zone : The 500-550 zone, a previously challenging resistance area, has been decisively broken, suggesting a sustained upward trajectory. Bullish Engulfing Candle on Weekly Timeframe : This formation, where a larger bullish candle completely envelops a smaller bearish one, indicates a strong shift toward upward momentum. Breaking a Long Consolidation Phase : Zensar Tech has broken out of a 2.5+ year consolidation, suggesting a new bullish phase and increased market confidence. Spike in Volumes : A significant increase in trading volume often confirms the strength of a breakout, indicating high investor interest and support. 0.618 Fibonacci Support : This Fibonacci retracement level acts as a strong support, reinforcing the potential for continued upward movement. Higher Highs Formation : This pattern suggests a consistent uptrend, with each high being higher than the previous one. Trading at All-Time High : Although this is generally bullish, it's essential to monitor for signs of overextension or potential pullbacks. Target - 725 // 850 Stoploss - weekly close below 535 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
NSE:ZENSARTECHLong
by Visionary_Growth_Insights
SWING IDEA - PIDILITE INDUSTRIESPIDILITE INDUSTRIES looks good for a swing trade. This stock is a fundamentally strong and is now available at a discount as per technicals. The Reasons are listed below : Strong support at 2250-2300 levels. Formed a strong bullish engulfing candle on weekly timeframe. 0.382 Fibonacci support. Broke falling wedge pattern i.e a bullish sign. Holding onto 2450 levels from last 2 weeks. Target - 2735 // 2918 SL - 2300 on closing basis
NSE:PIDILITINDLong
by Visionary_Growth_Insights
SWING IDEA - RALLIS INDIARallis India , a leading player in the agrochemical sector renowned for its innovative solutions and commitment to sustainable agriculture, showcases promising potential for swing trading amidst favorable technical indicators. Reasons are listed below : After multiple tests in the 270-290 zone, Rallis India has finally breached the resistance, signaling a significant shift in market sentiment. A robust bullish candle close on the weekly timeframe, accompanied by massive volumes, underscores strong buying interest and potential for sustained upward momentum. The price found support at the 0.382 Fibonacci level, adding weight to the bullish thesis and reinforcing the likelihood of continued upward movement. Breaking free from a consolidation phase lasting over 2.5 years, Rallis India demonstrates potential for a new bullish trend trajectory. Trading above both the 50 and 200 exponential moving averages (EMA) on the weekly timeframe, with the 50 EMA crossing over the 200 EMA, further bolsters the bullish outlook, suggesting strengthening upward momentum. Target - 325 // 353 // 392 StopLoss - weekly close below 245 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
NSE:RALLISLong
by Visionary_Growth_Insights
DMART - Momentum is building for upside move - Time to go LONG!DMart looks like it has bottomed out, presenting an opportunity for a long trade with a tight stop loss in place! Trade Idea Explanation: - Entry Point: Best around 4300+ - Stop Loss: Tight SL to 4100 on closing basis of D tf candle - **Target:** Expecting a significant upside around 5900++ Stay updated for further insights and trade safely! If you have liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:DMARTLong
by SuperNova396
Paras Defence And Space Tech LONG TERM VIEWParas Defence is forming a Symmetrical Triangle On Weekly Timeframe. The Entry and Stoploss would be considered on Candle Closing Basis. Entry - Above 800 Stoploss- Below 576 Targets - 1001,1260,1550 and 1760 (These Targets would be achieved in 2.5 years max from the date of entry). NOTE :- This View is purely based on Technical Analysis and is for educational purposes only. Please consult your financial advisor before taking any trade.
NSE:PARASLong
by joukaniram
SWING IDEA - CRAFTSMAN AUTOMATIONConsider a potential swing trade opportunity in Craftsman Automation . Reasons are listed below : Strong Support at 3700-3800 : The stock has established a solid support level in the range of 3700-3800, formerly a resistance zone, indicating a significant shift in market sentiment. Bullish Hammer Candlestick : A bullish hammer candlestick observed on the weekly timeframe suggests a potential reversal and uptrend, signaling increased buying interest and bullish momentum. 0.618 Fibonacci Support : Finding support at the 0.618 Fibonacci level strengthens the bullish case, providing a strong foundation for potential upward movement. Constant Higher Highs : The stock has consistently formed higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains. Double Bottom Pattern : A double bottom pattern has formed on the daily timeframe, indicating a potential trend reversal and adding further confirmation to the bullish outlook. Target - 5440 Stoploss - weekly close below 3700 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
NSE:CRAFTSMANLong
by Visionary_Growth_Insights
SWING IDEA - AEGIS LOGISTICS Aegis Logistics , with its robust market presence and expertise in logistics and supply chain solutions, presents an attractive opportunity for swing traders. Reasons are listed below : Cup and Handle Pattern : Aegis Logistics is exhibiting a classic cup and handle pattern, suggesting a potential bullish continuation. Breakout and Retest : After multiple tests, the stock broke above the crucial 400 level and has now retested it successfully, indicating strong buying interest and potential upward momentum. Bullish Marubozu Candle : A bullish Marubozu candle on the weekly timeframe, engulfing four previous weekly candles, signals strong buying pressure and potential upward momentum. Attempt to Breach All-Time High : Aegis Logistics is attempting to breach its all-time high, indicating strong upward momentum and potential for further gains. 0.5 Fibonacci Support : Finding support at the 0.5 Fibonacci level reinforces the bullish outlook, providing a strong foundation for potential upward movement. Breakout from Consolidation : The stock has broken out from a consolidation phase lasting over three years, suggesting a significant shift in market sentiment and potential for sustained movement. 50 EMA Support : The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias. Increased Volumes : Notable increase in trading volumes reflects heightened market interest and potential accumulation by investors, adding confirmation to the bullish thesis. Target - 520 // 600 Stoploss - weekly close below 380 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
ALong
by Visionary_Growth_Insights
2
Advanced Entry setup on Advanced Enzyme Ltd.Advanced Entry setup for Advanced Enzyme? ABOUT Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes. The Co. is the 1st Indian enzyme company with 2nd highest market share in India. It is the 2nd listed integrated enzyme player globally. FUNDAMENTAL Since we are looking at the weekly chart, it becomes very important to check the fundamentals. • Company is almost debt free. • Company has been maintaining a healthy dividend payout of 20.9% • OPM % increasing you • Cash Flow positive • FII and DII increasing shareholding. TECHNICAL • On a weekly TF, we can see a cup and handle pattern and the formation is completed. • Increasing volumes are increasing the chances of a breakout • RSI is at 60, indicating a potential buying strength and is not overbought. • Trading above 50, 100 and 200 EMA indicating bullishness. ENTRY, EXIT, TARGET, STOPLOSS - If you are a risky trader you can buy some qty at the CMP or above previous day high and add more on breakout. - If you are a risk averse trader then buy some at breakout and more at retest. - The safe buying zone is above 424 and little aggresive players can add above 410. - Since the duration of holding is around 6 - 9 months, don't place SL, but if you want to then SL should at 350. - Target 1 is 480, Target 2 is 570 Happy Trading :)
NSE:ADVENZYMESLong
by rohix
Advanced Entry setup on Advanced Enzyme Ltd?Advanced Entry setup for Advanced Enzyme? ABOUT Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes. The Co. is the 1st Indian enzyme company with 2nd highest market share in India. It is the 2nd listed integrated enzyme player globally. FUNDAMENTAL Since we are looking at the weekly chart, it becomes very important to check the fundamentals. • Company is almost debt free. • Company has been maintaining a healthy dividend payout of 20.9% • OPM % increasing you • Cash Flow positive • FII and DII increasing shareholding. TECHNICAL • On a weekly TF, we can see a cup and handle pattern and the formation is completed. • Increasing volumes are increasing the chances of a breakout • RSI is at 60, indicating a potential buying strength and is not overbought. • Trading above 50, 100 and 200 EMA indicating bullishness. ENTRY, EXIT, TARGET, STOPLOSS - If you are a risky trader you can buy some qty at the CMP or above previous day high and add more on breakout. - If you are a risk averse trader then buy some at breakout and more at retest. - The safe buying zone is above 424 and little aggresive players can add above 410. - Since the duration of holding is around 6 - 9 months, don't place SL, but if you want to then SL should at 350. - Target 1 is 480, Target 2 is 570 Happy Trading :)
NSE:ADVENZYMESLong
by rohix
SIWNG IDEA - MOTHERSON SUMI The current market conditions suggest a favorable buying opportunity in MOTHERSON SUMI , presenting astute investors with the possibility of capitalizing on potential gains. Reasons are listed below : Following rigorous testing at the 98 levels, the resistance has shown signs of weakening, heightening the likelihood of an imminent breakthrough. Stock is in Uptrend i.e higher highs are being made. Price moved from 62 to 103 and then retraced till 0.382 Fibonacci level and is now breaking out. Price is above 50 and 200EMA i.e the trend is intact. Target - 123 // 134 StopLoss - Weekly close below 90
NSE:MOTHERSONLong
by Visionary_Growth_Insights
5
SWING IDEA - ACCACC has recently emerged as a focal point of interest, presenting a promising buying opportunity when analyzed through the lens of technical indicators. Reasons are listed below : The 2080 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels. A bullish marubozu candle is formed on daily timeframe. 0.382 Fibonacci support. Broke strong consolidation of 308 days. The stock price is above 50EMA and 200EMA i.e the trend is intact. Target - 2397 // 2635 // 2777 StopLoss - Daily close below 1970
NSE:ACCLong
by Visionary_Growth_Insights
SWING IDEA - FINOLEX INDUSTRIESWith 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. Bullish Marubozu Candle: A bullish Marubozu candle on the weekly timeframe signifies strong buying pressure and potential upward momentum. Candlestick Engulfing Pattern: This week's candle has engulfed the previous eight weekly candles, indicating a significant shift in market sentiment towards bullishness. 50 EMA Support: The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias. 0.618 Fibonacci Support: Finding support at the 0.618 Fibonacci level strengthens the bullish case, suggesting a solid foundation for potential upward movement. Constant Higher Highs: The stock has consistently formed higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains. Target - 300 // 325 Stoploss - weekly close below 203 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
NSE:FINPIPELong
by Visionary_Growth_Insights
SWING IDEA - INTELLECT DESIGN ARENA Intellect Design Arena , a leading financial technology company, presents a potential swing trading opportunity based on several technical indicators. Reasons are listed below: Breakthrough and Retest of Resistance Zone (850-880) : The 850-880 range was a significant resistance zone. The price has broken through this level and is now retesting it, indicating a potential continuation of the upward trend. Bullish Hammer on Weekly Timeframe : The recent formation of a bullish hammer candle on the weekly chart suggests a potential reversal from the downtrend, indicating strong buying pressure at lower levels. 0.382 Fibonacci Support : The price is finding support at the 0.382 Fibonacci retracement level, a key support zone that suggests the potential for a bounce and continuation of the uptrend. 50 EMA Support on Weekly Timeframe : The stock is trading around the 50-week exponential moving average, providing strong support and indicating a positive long-term trend. Higher Highs Formation : The stock has been consistently making higher highs, indicating a sustained uptrend and ongoing bullish sentiment. Gradual Increase in Volumes : There is a noticeable gradual increase in trading volumes, which often confirms the strength of the price move and indicates growing investor interest. Target - 1100 // 1200 Stoploss - weekly close below 835 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
NSE:INTELLECTLong
by Visionary_Growth_Insights