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
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
BANK NIFTY INTRADAY LEVELS FOR 3rd JULY 2024BUY ABOVE - 52200
SL - 52000
TARGETS - 52400,52670,53000
SELL BELOW - 52000
SL - 52200
TARGETS - 521740,51510,51200
NO TRADE ZONE - 52000 to 52200
Previous Day High - 52824
Previous Day Low - 52000
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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NIFTY INTRADAY LEVELS FOR 3rd JULY 2024BUY ABOVE - 24160
SL - 24060
TARGETS - 24240,24330,24450
SELL BELOW - 24060
SL - 24160
TARGETS - 23990,23900,23800
NO TRADE ZONE - 24060 to 24160
Previous Day High - 24240
Previous Day Low - 24060
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 2ND JULY 2024BUY ABOVE - 24160
SL - 24100
TARGETS - 24280,24380,24480
SELL BELOW - 24010
SL - 24100
TARGETS - 23900,23800,23740
NO TRADE ZONE - 24010 to 24160
Previous Day High - 24160
Previous Day Low - 24010
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 2ND JULY 2024BUY ABOVE - 52670
SL - 52400
TARGETS - 53000,53200,53400
SELL BELOW - 52400
SL - 52670
TARGETS - 52200,51960,51740
NO TRADE ZONE - 52400 to 52670
Previous Day High - 52670
Previous Day Low - 52200
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
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
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
Bharti Airtel Breaks Ascending Trendline: A Strong Buy SignalBharti Airtel Ltd demonstrates a powerful breakout above its ascending trendline, presenting a compelling buy opportunity for investors. The stock's upward movement is supported by increased trading volume, suggesting sustained bullish momentum.
BANK NIFTY INTRADAY LEVELS FOR 01/07/2024BUY ABOVE - 52400
SL - 52200
TARGETS - 52670,53000,53200
SELL BELOW - 52200
SL - 52400
TARGETS - 51960,51740,51510
NO TRADE ZONE - 52200 to 52400
Previous Day High - 53000
Previous Day Low - 52200
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 01/07/2024BUY ABOVE - 24160
SL - 24100
TARGETS - 24280,24380,24480
SELL BELOW - 24010
SL - 24100
TARGETS - 23900,23800,23740
NO TRADE ZONE - 24010 to 24160
Previous Day High - 24160
Previous Day Low - 24010
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
KM SUGAR a Good Pull back play hereCame across this stock which is its Stage 2 Advance
- Good Earnings
- Positive OBV which shows that the stock is being accumulated by big hands
- RS ( Relative Strength) - Performing better
Nice Tightening up with low volume a stop limit buy with 5% risk looks like a call !
** Not a Financial Advice. **
** DYOR **
SOLARA ACTIVE PHARMA LONG TERM VIEWSolara Active Pharma is forming a rounding bottom formation or W pattern on Monthly TimeFrame.
The Entry and Stoploss would be considered on Candle Closing Basis.
Entry - Above 470
Stoploss - Below 273
Target - 1509
( This Target would be achieved in 2 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
ICICI Bank's Global Ranking Ascends: A Bullish Trading SignalICICI Bank has climbed to become the 18th most valuable lender globally, signaling a bullish outlook for traders. The technical analysis of its stock reveals a recent breakout supported by an ascending trendline, indicative of strong buying momentum and potential for further gains. This key milestone underscores ICICI Bank's robust market presence and offers a promising trading opportunity in the financial sector.
Shriram Finance: Bullish Flag Signals Further GainsShriram Finance Ltd.'s recent price action presents a classic bullish flag pattern, indicating a potential continuation of the upward trend. This pattern, characterized by a sharp rise followed by a brief consolidatory period, suggests that the stock could be gearing up for another leg higher. Traders should monitor for a breakout above the consolidation zone as a confirmation of bullish momentum, which could offer a favorable opportunity for long positions. This setup offers a strategic point for traders to capitalize on the underlying strength of Shriram Finance.
Grasim Industries Hits New Heights: A Breakout to WatchGrasim Industries showcases a robust ascent, adhering closely to its ascending trendline and breaking past a crucial resistance point. The stock now trades in a potential consolidation zone, suggesting a decision point for investors. With a strong bullish trend and increased volume indicating sustained interest, investors should monitor for signs of a continuation towards the ₹2,650 resistance. This phase could be pivotal in determining the next strategic moves in Grasim's stock trajectory.