GREAVESCOT NSE 2Y11M RBCUP BO WTF -SWING/POSITIONAL Stock Analysis
Trade Plan:
Entry: 50% of the total quantity at 260 DTF Close, with an additional 50% added at 294 DTF Close Price.
Stop Loss: 228
Target 1: 312
Target 2: 341, TGT3 : 395
Hold for a period of 9 months to 2 year or until the target 3 is reached.
Chart Pattern:
The stock has formed a Rounding Bottom Cup in a time of THREE Years, there has been a Steady Bullish Copybook rise for the past 6months with a considerable volume buying
Technical Indicators:
The stock’s daily timeframe (DTF) shows that the price is currently trading above the 50-day exponential moving average (EMA) and the 20-day EMA above the 50D EMA. This indicates an Ascending phase of alignment in the stock’s EMA. A bullish trend in formation on the DTF/WTF timeframe.
Additionally, the current price is near the 23.6% Fibonacci Extension level. This level could serve as a potential entry point for investors, depending on their risk tolerance. More cautious investors might consider entering above the 38.2% retracement level.
Volume Analysis:
There has been a consistent buying volumes for a Month now. There is buying in the past. weeks are above the 20VMA.
Prioritize Watch List:
Keep this stock in your watch list for further analysis and potential trading opportunities.
Disclaimer: This information is solely for educational and reference purposes. Trading inherently carries risks, and it’s crucial to exercise caution and conduct comprehensive research before making any investment decisions. Make sure you have a well-defined risk appetite, proper position sizing, and a stop-loss order based on your risk tolerance. Review your Portfolio periodically. Exit positions when the price closes 7-8% below your entry point or When 9EMA crosses Below 21EMA in DTF. Earlier too basis your Risk profile. Consider re-entering the market when the trend reverses.Before engaging in any trading activities, it is paramount to thoroughly comprehend these technical analysis concepts and conduct extensive research on the stocks you are interested in. Furthermore, consulting a certified financial advisor can offer valuable insights and guidance before making investment decisions.
Technical Analysis Concepts:
Multiple Time Frame Analysis (MTFA):
Daily Time Frame (DTF): Used for short-term analysis and identifying trends.
Weekly Time Frame (WTF): Provides a broader perspective and helps in trend confirmation.
Monthly Time Frame (MTF): Ideal for long-term analysis and trend analysis.
All-Time High (ATH): The highest price reached on a specific chart.
Lifetime High (LTH): The highest price reached over the entire chart’s history.
Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses.
Swing Trade: A trading strategy that involves holding positions for a significant period, typically few weeks to months.
Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly.
CHART PATTERNS
Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend.
Breakout (BO): A price move closure above a resistance or below a support level.
Flag & Pole BO: (F&P BO) Bullish Continuation Pattern
Consolidation : Price Typically Swings between a Range for a period of Time Long or Short basis the MTFA. Breaking out of this range UPWARDS is an opportunity to BUY and DOWNWARDS is SELL opportunity.
Moving Averages:
Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data.
Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks.
Fibonacci Retracement/Extension:
Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during re-tracements.
Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions.
Moving Averages
$SPY December 26, 2024AMEX:SPY December 26, 2024
15 Minutes.
I had expected 200 averages in 15 minutes to be resisted. It broke and held on to that for more than 2 hours on the 24th of December.
For the rise 592.25 to 601.34 it is important to hold 597 levels for uptrend to continue. It is also 21 averages in 15 minutes.
For the larger rise 580.91 to 601.34 holding 593-594 is crucial to hold.
Above 603 I expect a 3 to 5 $ move which was resisted earlier before the fall.
At the moment I will sell only below 588 for good 10$ move. 575-578 is a crucial number to hold on downside.
In daily uptrend is intact.
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
ETH long but not for longIf you look at the price action of ETH especially last year arround the same time. ETH tends to make one deeper pinbar that touches the 200 MA before running up.
That second pinbar didn't formed yet and suprise the 200 MA is hovering slight below it at 3000K level.
So what do you think will happen?
Don't get trapped, place your limit at the 3k level
DIMOUSD 12/6/2024DIMOUSD Daily Chart Analysis
Market Context:
With BTC continuing its bullish momentum and reaching new all-time highs, the altcoin market is presenting strong setups, and DIMOUSD is no exception.
Price History:
- Q1 2024: DIMOUSD reached a significant top.
- March to July 2024: Entered a sharp downtrend, leading to a steep decline in price.
- July 2024 Onward: Price found a bottom and moved sideways, signaling a potential accumulation phase.
Recent Price Action:
- End of November 2024:
- A massive spike in volume and expansion in momentum was observed.
- The MACD crossed above its signal, confirming a bullish shift.
- Price briefly broke above resistance but fell back below it, resulting in a false breakout.
- The price decline from the false breakout was caught and supported by the 10 EMA, which is now holding as strong support at the resistance level.
Momentum Indicators:
- The MACD remains in bullish territory and is expanding upward, suggesting continued strength.
- The 10 EMA acting as a support level at resistance highlights the likelihood of a potential breakout.
Bullish Outlook:
- The confluence of BTC’s market strength, increased volume, MACD expansion, and price support at the 10 EMA sets the stage for a potentially explosive upside move.
Trade Setup (Long)
- Entry: 0.23880
- Stop Loss: 0.20060 (-16.00%)
- Target: 0.59126 (+147.60%, 9.23 RR ratio)
This trade takes advantage of the strong technical indicators and bullish macro sentiment, aiming to capture a high-risk, high-reward opportunity in DIMOUSD
AMZN 6/6/2022AMZN
Jeff Bezos sold at the top and bought a yacht while The Jeff Bozos the clowns will buy the stock split thinking they’re getting a good deal.
That last leg of AMZN Uptrend which respected 50ema, started April ’20 and topped out Sept.’20. It closed below the 50ema that Sept. and price entered a Sideways market
AMZN moved sideways from Sept.’20 thru Jan.’22. During this time, Good ‘ol Jeff Bezos jumped ship Nov.5th ’21 @ 179 and jumped into an enormous yacht. The sly dog knew what was coming and exited at the top.
Jan’22 price broke down from this sideways range and confirmed the range to be a Distribution stage. Price fell from 165 down to 136. During this time, we also had Death Cross between the 50 & 200 ema to further signal the bearish conditions.
Price pulled back from 136 twice to previous Support looking to turn it into resistance. The market was very nice to the “investor”, gave them two chances to exit.
On the second pullback to resistance, we also had an Overbought Stochastic reading. This was our 1st entry to enter trade short. This short entry saw price move from 167 down to 102. This breakdown saw price make a lower low and confirmed the start of the downtrend for AMZN.
From the lower low made at 102, price pulled back to the 50ema which is acting as Dynamic Resistance level. Currently, we also have an Overbought Stochastic reading. This is the second entry to trade short. Downtrend + Pullback to resistance + Overbought Stochastic = Short Trade Entry
Entering trade short.
Entry: 124.79
Stoploss: 139
Target #1: 101.61, 18.56%, 1.63 RR ratio
Target #2: 83.86, 32.79%, 2.87 RR ratio
$SPY December 23,2024AMEX:SPY December 23,2024
15 Minutes
The gap down at open managed to retrace 61.8% of the fall 605.67 to 580.91
For me trend is down as below all moving averages.
For the rise 580.91 to 595.75 it is important to hold 587-588 levels today.
Base is under formation after the big fall.
I have no trade today.
52 Week High Breakout - Positional Trade - Long TermDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Weekly Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
52 Week High Breakout - Positional Trade - Long TermDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Weekly Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Testing //@version=5
indicator("Range Filter with Support and Resistance", overlay=true)
// Inputs for Range Filter
length = input(10, title="Range Length")
multiplier = input.float(1.5, title="Multiplier")
// Calculate Range Filter
src = close
basis = ta.sma(src, length)
range = ta.stdev(src, length) * multiplier
upper = basis + range
lower = basis - range
// Trend Detection
trendUp = src > upper ? 1 : na
trendDown = src < lower ? -1 : na
trend = ta.valuewhen(trendUp or trendDown, trendUp ? 1 : -1, 0)
// Support and Resistance Levels
lookback = input(20, title="Lookback Period for Support/Resistance")
support = ta.lowest(low, lookback)
resistance = ta.highest(high, lookback)
// Plotting
plot(upper, color=color.new(color.green, 70), linewidth=1, title="Upper Range")
plot(lower, color=color.new(color.red, 70), linewidth=1, title="Lower Range")
hline(support, "Support", color=color.blue, linestyle=hline.style_dotted, linewidth=2)
hline(resistance, "Resistance", color=color.orange, linestyle=hline.style_dotted, linewidth=2)
// Background Color for Trends
bgcolor(trend == 1 ? color.new(color.green, 90) : trend == -1 ? color.new(color.red, 90) : na)
// Alerts for Breakouts
alertcondition(src > resistance, title="Price Above Resistance", message="Price broke above resistance!")
alertcondition(src < support, title="Price Below Support", message="Price broke below support!")
SQ a buy in 2025?SQ is coming out of a long phase of base building that has lasted several years and has repeatedly failed at resistance around the 90 dollar mark. The stock is now at precisely this level, which coincides with the AVWAP from the ATH. It is questionable whether the share can hold above this level or fall below it again.
Optimized MACD Study with AlertsThis Pine Script study enhances the classic MACD indicator with additional functionality, making it a powerful tool for traders who want actionable and visually intuitive signals on their charts. It is designed to help traders identify BUY and SELL opportunities with customizable alerts, along with visual labels for better chart interpretation.
Key Features:
Customizable MACD Settings:
Users can adjust the Fast EMA, Slow EMA, and Signal Smoothing parameters to fit their specific trading strategies and preferences.
Take Profit Logic:
The script includes a take profit mechanism that tracks price movement after a BUY signal and highlights when the target is achieved.
Visual labels ("Take Profit Hit") make it easier to track price performance directly on the chart.
Visual Signals:
BUY signals are labeled clearly on the chart when the MACD line crosses above the Signal line.
SELL signals appear either when the take profit is hit or when the MACD line crosses below the Signal line, making it easy to interpret market conditions at a glance.
Dynamic Alerts:
Selectable alerts are included for both BUY and SELL signals, allowing traders to stay informed in real-time without constant monitoring.
Alerts dynamically display the symbol, time, price, and reason for the alert (e.g., BUY Signal or SELL Signal due to Take Profit or MACD Exit).
User-Friendly and Flexible:
This study is versatile and suitable for different asset classes and timeframes, from cryptocurrencies to stocks or forex.
Clear visual annotations and dynamic alert messages make it beginner-friendly yet powerful enough for experienced traders.
How to Use:
Attach the script to your preferred chart and timeframe, adjust the MACD settings as needed, and set up alerts using the "BUY Alert" and "SELL Alert" conditions in the TradingView alert system. The custom alert messages provide key details, such as the symbol, time, and current price, helping traders respond quickly to opportunities.
This script is ideal for those looking to enhance their trading strategy with actionable insights and automated notifications. Whether you're day trading or swing trading, the Optimized MACD Study provides a robust framework for informed decision-making.