TCS Analysis - Multi-Year Deal with Air France-KLMTrend: TCS is in a strong uptrend within an ascending channel since 2021, signaling steady growth potential.
Technical Signals:
EMA Support : Price bounced above key EMAs (20/50/100/200), showing strong support.
Volume Surge : High buying volume after the Air France-KLM deal indicates increased investor confidence.
RSI : Above 50, supporting bullish momentum.
Levels to Watch:
Support : ₹3,995.45 – Reliable base.
Immediate Resistance : ₹4,411.25
Final Target : ₹4,587.95 – Top of the channel.
Trade Setup:
Entry: On pullbacks or above ₹4,217.30.
Stop Loss : Below ₹3,995.45.
Target : ₹4,411.25 - ₹4,587.95.
Indianstocks
SWING IDEA - CAR TRADE TECHCarTrade Tech is showing a promising swing trade setup based on the following key technical signals.
Reasons are listed below :
Break of Cup and Handle Pattern : The price is attempting to break out of a classic cup and handle pattern, which is a strong bullish continuation signal.
950 Zone Tested Multiple Times : The 950 zone has been tested repeatedly, indicating it is a strong resistance level. A breakout above this level could result in further upward momentum.
VCP Pattern in Uptrend : A Volatility Contraction Pattern (VCP) is forming, which suggests tightening price action and may lead to a breakout if volatility decreases and buying pressure increases.
Bullish Engulfing Candle on Weekly Timeframe : A bullish engulfing candle on the weekly chart reinforces the potential for an upward move, showing strong buying interest.
Increase in Volumes : A noticeable spike in volumes supports the bullish sentiment and confirms that market participants are actively involved in this move.
Higher Lows : The lows are consistently shifting higher, indicating sustained buying pressure and upward momentum.
Target - 1110 // 1210 // 1400
Stoploss - weekly close below 750
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
OLA ELECTRIC Plummets as Complaints Soar – BUT, We Made Money!OLA ELECTRIC Stock Analysis:
Ola Electric (OLAELEC) recently experienced a significant downturn, with all targets met in a notable short trade on the 15-minute timeframe. The ongoing downtrend can be attributed to multiple external pressures:
Massive Customer Complaints: India’s Central Consumer Protection Authority (CCPA) reported over 10,000 complaints within a year related to Ola’s after-sales services, billing inaccuracies, and delays. This high volume of complaints is unprecedented, prompting government intervention.
Consumer Protection Action:
Ola Electric received a show-cause notice from Indian authorities, demanding an explanation for the alleged violations of consumer rights and trade practices. The repercussions could include directives for customer compensation or even financial penalties.
Service Overload at Centers:
Numerous reports indicate that Ola’s service centers are struggling to keep up with demand, leading to extensive backlogs and dissatisfied customers. According to analysts, many centers appear overwhelmed, further deteriorating Ola's brand image.
Market Sentiment Impact:
Following these revelations, Ola’s share value has sharply fallen, reversing the gains from its August IPO. The stock has lost nearly 40% in recent weeks, with negative sentiment further amplified by viral customer complaints on social media.
With external pressures mounting and consumer confidence waning, Ola Electric’s stock faces a challenging recovery path. The short trade setup capitalized on this decline, achieving all preset targets amidst the company’s reputational crisis.
Key Levels:
Entry: 93.86
Targets Achieved: TP1 at 90.87, TP2 at 86.04, TP3 at 81.21, TP4 at 78.22
Stop Loss: 96.27
Ola Electric’s road ahead remains uncertain as regulatory scrutiny intensifies and consumer trust continues to erode.
NSE:DLF 🏢 On Verge of Multi year breakout ??⁉️NSE:DLF
DLF Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 101,735.31 Crore) operating in Real Estate sector.
DLF Ltd. key Products/Revenue Segments include Property Development, Rental Income, Other Operating Revenue and Royalty Income for the year ending 31-Mar-2022.
For the quarter ended 30-06-2022, the company has reported a Consolidated Total Income of Rs 1,516.28 Crore, down 8.22 % from last quarter Total Income of Rs 1,652.13 Crore and up 22.06 % from last year same quarter Total Income of Rs 1,242.27 Crore. Company has reported net profit after tax of Rs 258.15 Crore in latest quarter.
GMDCLTDHi guys,
In this chart i Found a Demand Zone in GMDCLTD CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
SWING IDEA - JBM AUTOJBM Auto , a leading manufacturer of auto components and systems, is showing promising technical indicators for a potential swing trade.
Reasons are listed below :
Strong Support at 1700 : The 1700 level has proven to be a robust support zone, indicating strong buying interest and a solid base for potential upward movement.
'W' Pattern Formation : The stock is forming a 'W' pattern (double bottom) at this crucial support zone, which is a bullish reversal pattern suggesting that the downtrend may be over and a new uptrend could be beginning.
Golden Fibonacci Support : The price has found support at the 0.618 Fibonacci retracement level, often considered a strong support zone and indicating a potential reversal or continuation of the uptrend.
Trading Above 50 and 200 EMA : JBM Auto is trading above both the 50-day and 200-day exponential moving averages, indicating a strong and sustained uptrend.
Constant Higher Highs : The stock has been consistently making higher highs, reflecting ongoing bullish sentiment and a sustained uptrend.
Target - 2430
Stoploss - weekly close below 1670
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
SWING IDEA - ANAND RATHI WEALTH LTDAnand Rathi Wealth Ltd , a leading wealth management company in India offering financial advisory services, is presenting a potential swing trading opportunity.
Reasons are listed below:
4300 Zone Breakout : The 4300 level has been tested multiple times, and the stock is now breaking out, suggesting renewed buying interest.
Bullish Engulfing Candle on Daily Timeframe : A bullish engulfing pattern has formed on the daily chart, indicating strong upward momentum.
Breaking Consolidation Zone of 6 Months : The stock is breaking out of a long consolidation phase, which could lead to a new bullish trend.
Trading Above 50 and 200 EMA : The price is trading above both the 50 and 200-day exponential moving averages, reinforcing the bullish outlook.
Volume Spike : An increase in trading volumes supports the strength of the breakout, indicating robust market participation.
Target - 4850
Stoploss - daily close below 3990
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
An indicator of How Paytm will behave in its coming futurePlease keep watching news for the latest update.
This are not buy-sell indicator but shows how stockes are moving in the decade of social media,
Would post more such ideas in future so you know what to do with any of these stocks if you hold it.
suggest more such stocks for me to post Ideas
NIFTY Buy opportunity on solid cyclical patterns.We last looked into the Nifty 50 Index (NIFTY) on September 05 (see chart below), when we got an excellent buy on the 1D MA50 (blue trend-line) that quickly hit our 25700 Target:
As you can see, our trading approach was based on the recurring technical patterns (Megaphones) since July 2023. Even though the current wide price action doesn't fit the former Megaphone patters, we can still call for a bottom soon as, not only is the price approaching the 1D MA200 (orange trend-line), but also the 1D RSI is almost on the same oversold (below 30.00) level as 1 year ago (October 26 2023)!
In fact the pattern of September - October 2023 looks very similar to Sep - Oct 2024. The risk of buying here is low while the reward is high, making for a very appealing R/R ratio. As a result, we turn long again, targeting 27400 (+15.67% rise as the previous bullish break-out legs).
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WAAREE Short Trade Targets in Play, Massive Drop to 1571!WAAREE (15m time frame), Short Trade
Entry: ₹1,763.00
Current Price: ₹1,571.00
All Targets Done!
Key Levels:
Entry: ₹1,763.00 – After confirming a strong bearish signal, short entry was executed.
Stop-Loss (SL): ₹1,767.60 – Placed above key resistance to protect against potential reversals.
Take Profit 1 (TP1): ₹1,757.30 – First target triggered, confirming downward movement.
Take Profit 2 (TP2): ₹1,748.10 – Critical support level broken.
Take Profit 3 (TP3): ₹1,738.90 – More aggressive downside level confirmed
Take Profit 4 (TP4): ₹1,733.25 – Final target hit for deep correction in this trend.
Trend Analysis:
WAAREE’s price continues to plunge after a decisive break below multiple support levels, confirming strong selling pressure. With the current price at ₹1,571, this trade has captured a significant move, with further downside potential still in play.
SMSPHARMAHi guys,
In this chart i Found a Demand Zone in SMSPHARMA CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
SWING IDEA - CAPRI GLOBAL CAPITALCapri Global Capital , a prominent non-banking financial company (NBFC), is showing technical indicators that suggest a promising swing trading opportunity.
Reasons are listed below :
200 Zone is a Strong Support Zone : The 200 level has been established as a strong support zone, providing a solid base for potential upward movement.
Bullish Engulfing on Daily Timeframe : The formation of a bullish engulfing candle on the daily chart indicates strong buying pressure and suggests potential for further upward movement.
Support at 50 EMA : The stock is finding support at the 50-day exponential moving average (EMA), reinforcing the bullish sentiment and providing a strong support level.
0.618 Fibonacci Support : The stock is finding support at the 0.618 Fibonacci retracement level, a key area where prices often bounce back, indicating potential for an upward move.
Increase in Volumes : A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest.
Target - 250 // 290
Stoploss - weekly close below 197
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
SWING IDEA - FIVE STAR BUSINESS FINANCE LTDFive Star Business Finance, a leading NBFC (Non-Banking Financial Company) providing small business loans, is showing promising technical indicators for a potential swing trade.
Reasons are listed below :
750-780 Levels Tested Multiple Times : The 750-780 levels have been significant resistance zones. The price is again attempting to break through these levels, indicating strong bullish momentum.
Bullish Marubozu on Daily Timeframe : The recent formation of a bullish marubozu candle on the daily chart indicates strong buying pressure and suggests potential for further upward movement.
Bullish Engulfing Candle on Weekly Timeframe : The weekly chart shows a bullish engulfing candle, which engulfs the previous week's candle, signaling a strong shift towards bullish sentiment.
0.5 Fibonacci Support : The stock is finding support at the 0.5 Fibonacci retracement level, suggesting a strong base for a potential upward move.
Breaking 6-Month Consolidation Zone : Five Star Business Finance is breaking out of a consolidation phase that lasted for 6 months, indicating the potential for a new bullish trend.
Trading Above 50 and 200 EMA on Daily Timeframe : The stock is trading above both the 50-day and 200-day exponential moving averages, indicating a strong uptrend and providing robust support levels.
Consistent Higher Highs : The stock has been consistently making higher highs, reflecting ongoing bullish sentiment and a sustained uptrend.
Target - 875 // 950
Stoploss - weekly close below 685
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
MANYAVAR: Analyzing Potential Bullish Reversal, Festive DemandNSE:MANYAVAR : Analyzing Potential Bullish Reversal Amidst Festive Demand Surge
Current Price: ₹1337
Date: 16 October 2024
In the dynamic landscape of the retail market, MANYAVAR is currently navigating a pivotal phase, with signs indicating a possible bullish turnaround. As the festive season unfolds, characterized by heightened consumer activity due to significant celebrations like Karwa Chauth and Diwali, this analysis provides a comprehensive outlook on key support and resistance levels that could influence trading strategies.
Key Technical Levels:
Support Levels:
₹1305: A significant psychological support level. A decisive move below this could trigger bearish sentiment and signal increased selling pressure.
₹1316: This level serves as a secondary support. Maintaining prices above this threshold is vital for sustaining bullish momentum.
₹1336: Currently serving as immediate support, this level is crucial for determining short-term price action and trader sentiment.
Resistance Levels:
₹1346: The first major resistance level. A breakout above this price point could catalyze bullish sentiment and attract momentum traders.
₹1357: An additional resistance zone. Close monitoring of price reactions here will be essential to confirm a potential uptrend.
₹1376: Further up the chart, this level is critical for the validation of sustained bullish momentum.
₹1427, ₹1466, ₹1496: Long-term resistance levels that, if breached, could signify a strong bullish phase and draw in significant institutional interest.
Breakout Zone:
The pivotal breakout zone lies between ₹1346 and ₹1357. A robust close above ₹1357 may set off a chain reaction of buying activity, propelling the stock towards higher resistance levels and potentially unlocking significant upside.
Market Sentiment and Context:
The approach of the festive season presents a unique opportunity for retail stocks, particularly in the ethnic wear segment. With consumer spending historically surging during this period, demand for jewelry and traditional attire is expected to increase. This favorable market environment positions MANYAVAR well to capitalize on the seasonal uptick in consumer behavior.
Strategic Outlook:
Given the current price action and the backdrop of impending festive demand, traders should closely observe key support and resistance levels to refine entry and exit strategies. A careful assessment of price movements around these thresholds will be critical for identifying potential bullish opportunities.
Conclusion:
MANYAVAR stands at a crucial crossroads that may lead to a bullish reversal, particularly as market conditions favor increased retail activity during the festive season. By monitoring key technical levels and market sentiment, traders can position themselves effectively to leverage potential price movements.
Disclaimer: I am not a SEBI Registered Research Analyst (RA). This analysis is for educational purposes only and should not be considered as investment advice. Please conduct your own research or consult a financial advisor before making any trading decisions.
TRENT Intraday Position Update (15m Time Frame)TRENT Intraday Position Update (15m Time Frame)
We secured a solid entry at 7535.35 after the price crossed over the Risological dotted trendline. The price has successfully reached Target 1 (7698.10) and Target 2 (7961.45), maintaining strong momentum to hit the remaining targets.
Target Points:
TP 3: 8224.80
TP 4: 8387.55
Stop Loss (SL): 7403.65
The trend remains bullish, and we'll continue to monitor the position closely.
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.insights
CONCORHi guys,
In this chart i Found a Demand Zone in CONCOR CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you