Dhani Services Positional Dhani Services Ltd shows signs of a potential reversal as it breaks out from a prolonged base formation around ₹68-₹70 on the weekly chart. This price action suggests a buildup in buying momentum, with a potential target of ₹85-₹90 in the medium term if this trend holds. For risk management, consider a stop-loss just below ₹58. The breakout from this consolidation phase could offer a solid entry point for positional traders looking to capitalize on a recovery.
Positional
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
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
Anand Rathi Wealth Ltd Positional Trade Anand Rathi Wealth Ltd is showing a bullish setup with a cup formation on the daily chart. The price has recently broken above a crucial resistance level of 4,286, indicating strong buying interest. With the RSI climbing towards 70, momentum supports further upside potential. A sustained move above 4,297 could propel the stock to higher levels, targeting 4,500 or more in the near term. Stop-loss can be placed below 4,000 for risk management. This setup offers a favorable risk-to-reward ratio for positional traders.
Symmetrical Triangle observed in CLEANNSE:CLEAN few weeks back gave a breakout and trapped the Bulls. The Stock in now forming a continuation Symmetrical Triangle at its breakout levels of 1625-1630
1. RS Nifty 55 is positive
2. RSI > 60
Entry - 1625-1630
TGT - 1780
SL1: Super Trend (10, 3) turn negative
SL2: RS 21 < 0
JK Paper Positional Trade Setup "📈 JK Paper Positional Trade Setup 🚀
Entry at ₹490 with a bullish outlook!
🎯 First Target: ₹565 (+15%)
🎯 Second Target: ₹612 (+25%)
💥 Mega Breakout: ₹633 (+33%)
🔻 Stop Loss: ₹473 (-7%)
🔍 Risk/Reward Ratio: 4.48
With RSI at 62.6 and strong volume support, this setup has multiple profit levels, aiming for a breakout!"
This structure gives clarity to your different exit points while emphasizing the mega breakout potential.
Positional setup in Deepak Fertilizers & Petrochemicals Based on the chart of Deepak Fertilizers & Petrochemicals, it appears that the stock is currently at a resistance level of ₹1,111.90, while previously testing support around ₹955.50. The stock is up 4.09% for the day, with a bullish momentum as indicated by the price action and a Relative Strength Index (RSI) at 63.40, suggesting room for further upside but nearing overbought territory.
Trade Idea:
Buy Entry: If the stock sustains a breakout above ₹1,111, it could lead to further gains towards ₹1,200 or higher.
Stop Loss: Place a stop loss below ₹955.50 to manage risk.
Take Profit: Look for targets around ₹1,200–₹1,250 if the breakout continues with strong volume.
Given the upward trend, this setup offers a potential positional trade with a favorable risk-to-reward ratio, provided the stock breaks resistance with momentum.
Positional Trade Idea:UBLThe chart of United Breweries Ltd (UBL) shows that the stock is testing a key resistance zone around ₹2,180. With consistent higher highs, it suggests a bullish momentum, but a breakout above this resistance is crucial for further gains.
Positional Trade Idea:
Entry: Buy on a breakout above ₹2,200 with volume confirmation.
Target: ₹2,400+ on successful breakout.
Stop Loss: Below ₹2,070 (last week's low) to manage risk.
Monitor the stock for a clear breakout, as it could lead to a strong uptrend continuation.
Geojit Financial Services Positional TradeGeojit Financial Services, the stock has made a significant upward movement but is now consolidating between ₹145 and ₹160. With the current price near ₹155 and strong support at ₹145, this suggests a potential range-bound trading opportunity.
Positional Trade Idea:
Entry: Buy near ₹145-150 on dips with a stop loss below ₹140.
Target: Initial target ₹160, followed by ₹175 on breakout.
Risk: Keep a close watch on the ₹145 support level, as a breach could lead to downside risks.
Key indicators like volume and RSI could provide further confirmation of trend direction.
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
SHANKARAHi guys,
In this chart i Found a Demand Zone in SHANKARA 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
Positional trade setup for CescObservations:
Resistance Breakout: CESC has broken above the horizontal resistance zone around ₹200-206, which it tested multiple times in the past. This breakout indicates bullish momentum.
Strong Volume: The price increase is accompanied by strong buying pressure, suggesting that the breakout may be sustained.
Trade Setup:
Entry:
Aggressive Entry: Buy around the current price of ₹206-208, as the stock has already broken the resistance.
Conservative Entry: Wait for a pullback to the ₹200-205 range, where the stock might retest the breakout zone before resuming its upward move.
Target:
First Target (T1): ₹225-230, based on the previous swing highs and projected move after the breakout.
Second Target (T2): ₹250-260, if the momentum continues and the broader market remains supportive.
Stop Loss:
Place a stop loss at ₹185, below the previous consolidation zone, to avoid being caught in a false breakout.
For a more conservative approach, you can place the stop loss slightly below ₹190, just below a recent low point.
Timeframe:
This is a positional trade, so it could take several weeks to months for the targets to be achieved, depending on the market conditions.
Risk Management:
Position Size: Keep the position size moderate to account for volatility. Use proper risk management, limiting losses if the breakout fails.
Trailing Stop Loss: Once the stock reaches ₹220, consider moving your stop loss to ₹200-205 to lock in some gains. Similarly, if the stock reaches ₹230, move the stop to ₹210.
Summary:
Entry: Buy around ₹206-208 (aggressive) or wait for a pullback to ₹200-205 (conservative).
Stop Loss: ₹185 (aggressive) or ₹190 (conservative).
Targets: ₹225-230 (T1) and ₹250-260 (T2).
This trade idea capitalizes on the breakout above a major resistance level, indicating further upside potential if the trend holds.
Positional trade setup for Astral LtdThe chart for Astral Ltd. shows a potential reversal pattern after a prolonged downtrend, where the price has bounced off a key support level near ₹1850-1900. This level acted as strong support, and the stock is showing signs of recovery with recent bullish candles indicating renewed buying interest.
Observations:
Support Zone: The stock has tested and respected a strong support zone near ₹1850, which coincides with a recent bottom formation.
Recovery Signal: A bullish momentum is visible as the stock has crossed back above the ₹2000 level, with a notable upward move.
Positional Trade Setup:
Entry:
Aggressive Entry: Buy at the current levels of ₹2025 since the stock is in an upward trend from the support zone.
Conservative Entry: Wait for a slight pullback towards the ₹1950-2000 range for a better entry after a potential retest of the breakout level.
Target:
First Target (T1): ₹2250-2300, based on previous swing highs and resistance levels.
Second Target (T2): ₹2450-2500, if the stock continues its upward momentum.
Stop Loss:
Place a stop loss just below the recent support at ₹1850, which would invalidate the bullish setup if broken.
Timeframe:
This is a positional trade setup, so it could take a few weeks to a couple of months for the targets to be achieved, depending on market momentum.
Risk Management:
Position Size: Use moderate position sizing considering the stop loss is around ₹170 below the current price, offering a decent risk-to-reward ratio.
Trailing Stop Loss: Once the stock reaches ₹2200, you can move your stop loss to ₹2000 to lock in some gains.
Summary:
Entry: Buy at ₹2025 (current level) or on a pullback to ₹1950-2000.
Stop Loss: ₹1850.
Targets: ₹2250-2300 (T1) and ₹2450-2500 (T2).
This trade setup takes advantage of the bounce from key support, with the potential for a continued upside if the overall market remains bullish.