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Bajaj Hind Ready for Upside? Long Entry Hourly Analysis✅ Formation: The pattern consists of two distinct troughs (bottoms) at a similar price level. A resistance level (neckline) forms between the two bottoms. ✅ Confirmation: A breakout occurs when the price moves above the neckline. Volume should increase during the breakout for strong confirmation. ✅ Entry & Stop-Loss: Entry: After the price breaks above the neckline with strong momentum. Stop-Loss: Below the second bottom to manage risk.
NSE:BAJAJHINDLong
by SmartSwingSignal
DCB Bank Ltd. - First Entry Initiated.Everything is pretty much explained in the picture itself. I am Abhishek Srivastava | SEBI-Certified Research and Equity Derivative Analyst from Delhi with 4+ years of experience. I focus on simplifying equity markets through technical analysis. On Trading View, I share easy-to-understand insights to help traders and investors make better decisions. Kindly check my older shared stock results on my profile to make a firm decision to invest in this. For any query kindly dm. Thank you and invest wisely.
NSE:DCBBANKLong
by Abhishekingx
SWING IDEA - ANGELONE ANGELONE 's stock price has been retesting around the 2000 resistance level for approximately two and half years. Following multiple retest, the stock finally broke out above this level in October 2023 and has since established it as a key support. The stock subsequently surged to a peak of 3895, representing a 87% increase. However, it then experienced a sharp correction, plummeting 45% to revisit the 2000 support level again. This pivotal point, formerly a resistance, has now become a robust support. Currently, ANGELONE is exhibiting an upward momentum, poised to retest its swing high at 3895. The weekly MACD crossover, occurring after the establishment of support at 2000, indicates a bullish trend reversal. KEY OBSERVATIONS: - Two-year resistance level of 2000 broken in October 2023 - Stock surged 87% to 3895 before correcting 45% - 2000 level now serves as robust support - Weekly MACD crossover indicates bullish momentum - Upward momentum poised to retest swing high at 3895 RECOMMENDATION: Based on this technical analysis, I would recommend holding ANGELONE for a Long Term horizon. This could potentially yield: - 35% returns from the current price (as of writing) - 87% returns from the support point (2000) This analysis highlights a compelling buying opportunity in ANGELONE, driven by its breakout and momentum reversal. IMPORTANT NOTE: Investors should be aware that there is a possibility that the stock may revisit this Support level at 2000 in the near future before resuming its upward momentum towards the swing high at 3895. This potential pullback should be monitored closely, and investors may consider adjusting their strategies accordingly. DISCLAIMER: This IDEA is for informational/educational purposes only and should not be considered as investment advice. The analysis presented is based on technical indicators and historical data but does not guarantee future performance. Please conduct thorough research based on financial goals and risk tolerance, and consult with a financial advisor before making any investment decisions.
NSE:ANGELONELong
by mrsameofficial
1
Indusind Bank: Is this a rare buying opportunity?Once in a decade kind of opportunity at 690 odd levels as on 19th March 2025 in my view. Stock over reacted to the derivative accounting issue worth 2.35% of Networth The stock is available at 0.7 time fy 26 book value which is just a year from now. With GNPA at 2.5%, NNPA at 1%, CAR of 16% and a quarterly profit potential of 2500 crores on a b/s size of 6 lac crores, 1500 crores of expected loss is easily absorbable and a 27% reaction on 11th March for that was blown out of proportion. I am aware that ceo got only 1 year extension when board approved 3 years and there is a sudden discrepancy of 1520 crore which has come out of blue due to derivative hedging issue but we have seen such events in past and the valuation didn't breakdown to such ridiculous levels. For example ICICI Bank faced issues of CEO fraud, excessive lending to troubled corporates and yet it bottomed out at 1.2 times book Value. Another example is of Axis Bank when RBI found NPA divergence of 5600 crores worth over 10% of its networth at that time in June 2017. The stock fell only 9% that day and didn't went below 1.8 times book value. CEO sikha sharma didn't got any extension even though board approved 3 years of extension to her as CEO. Even in the biggest banking fraud which involved Well Fargo having opened millions of fake accounts, the stock fell only 20% from top to bottom and recovered the lost ground in next 5 months. The reason that I can imagine why IndusInd bank has reacted so violently is due to enormous amount of technical / momentum traders and strategies at play in market these days. Algo based trading coupled with leverage has created a scenario where even a slightest news is creating a monster reaction on downside when everyone is trying to exit at the same time. That is creating the price distortion I have not witnessed before. Once things settle the market will revalue the bank appropriately and in a years time it should be above 1650 levels valuing it at 1.5 time fY 27 book value. Note: I am invested in the stock and if you wish to buy this investment please consult your financial advisor and follow a diversified portfolio approach.
NSE:INDUSINDBKLong
by agrwal_amit
#TATASTEEL Supply Zone (Swing Trade)TATA Steel is approaching a significant supply zone, indicating a potential resistance area where selling pressure may increase. Swing traders can watch for bearish reversal signals (e.g., bearish candlestick patterns, rejection at the zone, or declining volume) to capitalize on a potential downward move. This zone represents a key level where the stock has historically faced selling pressure, making it an ideal area for shorting or exiting long positions.
NSE:TATASTEEL
by trad_corn
BRIGADE : Is it ready to build a new tower?** Chart Analysis: What’s Happening? The chart shows a classic Elliott Wave setup with a potential swing trading opportunity. Here’s the breakdown: Elliott Wave Structure : The price appears to have completed a corrective wave (labeled as A-B-C) around the Correction Wave Completion Zone of 937-972. This zone acted as a strong support area, where the price found a base after a sharp decline. Point b (A) marks the end of the corrective wave, followed by a liquidity buildup at the support zone . This often signals a reversal as buyers step in, absorbing selling pressure. Key Levels : Support Zone (937-972) : This is where the price reversed, indicating strong buying interest. The note on the chart mentions that a "break up or break down can lead to price movement," which aligns with the breakout we’re seeing. First Swing Target (1,049) : The price has already broken above the support zone and is heading toward this target. Second Swing Target (1,258-1,296) : This is the next major resistance zone, where the price could face selling pressure if the bullish momentum continues. Stop Loss (Day Close Below 900) : A critical level to protect against a failed setup. A daily close below 900 would invalidate the bullish thesis. Current Price Action : The price is currently at 939.35 (as of March 19, 2023), showing a slight decline of -0.75 (-0.08%). However, it’s still above the support zone, indicating that the bullish setup remains intact. The chart shows a breakout above the corrective wave structure, with the price testing higher levels after the reversal at point (A). ** Plan of Action: How to Trade This Setup Based on the chart, here’s a step-by-step plan for swing trading BRIGADE : Entry Point : The price has already broken above the correction wave completion zone (937-972). A good entry would be on a pullback to this zone (around 950-970) with confirmation of support (e.g., a bullish candlestick pattern like a hammer or engulfing candle). Alternatively, aggressive traders can enter on a breakout retest above 950 with strong volume. Target 1 (1,049) : This is the first swing target. If the price reaches this level, consider booking partial profits (e.g., 50% of your position) to lock in gains, as this level may act as resistance. Target 2 (1,258-1,296) : If the momentum continues, aim for the second swing target. This is a significant resistance zone, so expect potential profit-taking or a reversal here. Be ready to exit the remaining position if signs of weakness appear (e.g., bearish divergence on RSI or a shooting star candlestick). Stop Loss : Set a stop loss on a daily close below 900 , as indicated on the chart. This ensures you’re protected if the price breaks down and the setup fails. ** Risk Management Tips for Options Trading Since this is a swing trading setup, options can be a great way to leverage the move while managing risk. Here are some tips: Choose the Right Strike : If you’re buying a call option, select a strike price near the current price (e.g., 950 or 1000 strike) to balance cost and potential returns. Avoid deep out-of-the-money (OTM) options, as they have a lower probability of success. Position Sizing : Never risk more than 1-2% of your trading capital on a single trade. For example, if your account size is ₹5,00,000, your maximum risk should be ₹5,000-10,000. Calculate your position size based on the difference between your entry and stop loss. Time Decay (Theta) : Options lose value as expiration approaches. Choose an expiration date that gives the trade enough time to play out—preferably 30-45 days out for a swing trade like this. Use Stop Losses : Even with options, set a mental stop loss based on the underlying stock price (e.g., a daily close below 900). If the trade goes against you, exit the option position to avoid further losses. Avoid Over-Leveraging : Options can be tempting due to their leverage, but don’t overexpose yourself. Stick to a small position size to manage risk effectively. ** Summary and Conclusion To recap, BRIGADE is showing a promising swing trading setup after completing a corrective wave and breaking out above the 937-972 support zone. The price is targeting 1,049 in the short term, with a potential move to 1,258-1,296 if the bullish momentum continues. A stop loss on a daily close below 900 ensures risk is managed. For options traders, focus on proper strike selection, position sizing, and time decay to maximize returns while minimizing risk. This setup offers a good risk-reward ratio, but always trade with discipline and a clear plan. Happy trading, and may the markets be in your favor! ** Disclaimer I am not a SEBI-registered analyst, and this analysis is for educational purposes only. Trading and investing involve risks, and you should consult a financial advisor before making any decisions. Always do your own research and trade at your own risk.
NSE:BRIGADELong
by LiveTradingBox
Apollo Hospitals - Elliott Wave Analysis Apollo Hospitals - Elliott Wave Analysis (4H Timeframe) 📉 🔍 Key Observations : 1️⃣ The Stock Has Completed a Wave 3 Top and Is Currently in a Corrective Wave 4 In Elliott Wave Theory, Wave 3 is usually the strongest and most extended impulse wave in a five-wave structure. The chart indicates that Apollo Hospitals reached a peak, marking the end of Wave 3 (labeled as (3) in black). Following the completion of Wave 3, a corrective Wave 4 is now in progress, as expected in a typical five-wave sequence (1-2-3-4-5). Wave 4 corrections tend to be complex and can take various forms, such as zigzags, flats, or triangles. 2️⃣ The Corrective Structure Appears to Be Unfolding in an ABC Pattern Within Wave 4, the correction seems to be forming a standard ABC corrective structure, where: Wave A represents the initial downward move. Wave B is a counter-trend rally (temporary bounce). Wave C is expected to complete the correction with another downward move. The chart suggests that Wave A and Wave B have already been formed, and Wave C is now developing, likely moving towards lower levels. Wave B can sometimes exceed Wave A in some cases (irregular flat), but in this case, it looks like a regular zigzag correction. 3️⃣ Important Fibonacci Levels Suggest Potential Targets Around ₹6,500 and ₹4,925 Fibonacci retracement and extension levels help in identifying potential support and resistance zones. If Wave C follows the standard structure, a move towards these levels could be expected before a potential Wave 5 rally begins. 🚨 Disclaimer: The content shared is for educational and informational purposes only and should not be considered financial advice, investment recommendations, or trading signals. I am not a SEBI-registered analyst or advisor. Always conduct your own research and analysis before making any financial decisions. Trading and investing involve significant risk, and past performance is not indicative of future results. I may be completely wrong in my analysis. Please consult a professional financial advisor before making any investment decisions.y investment decisions.
NSE:APOLLOHOSP
by kalpeshloke
APOLLO HOSPITAL Apollo Hospitals' stock is currently showing a neutral to slightly bearish trend. The stock closed at ₹6,105.65, reflecting a 0.84% increase on the last trading day. Analysts have noted that the stock has experienced a negative price breakout recently, trading below its second support level. Key support levels for the stock are around ₹6,000–₹6,050, while resistance levels are near ₹6,200–₹6,250. If the stock breaks above ₹6,200, it could signal upward momentum, but a dip below ₹6,000 might lead to further selling pressure.
NSE:APOLLOHOSP
by comprehensiveS68604