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[documentation] How I take a long trade.let's get straight to the point. If I believe that I want to be long a stock, I: 1. make sure the underlying index is in a long trend (rather, it has not corrected sharply in the near left, because all indexes are long by default, they enter bearish periods from time to time.) NIFTY 3 day chart: - nifty above 7SMA (doesn't matter what EMA you use, as long as it is not obnoxiously large like 77. with that value, the underlying is about to be above it forever). (you can look at other indices like the nifty smallcap but we live in an age where everything is fucking correlated. don't overkill.) preliminary check complete. SUZLON, alright. let's swing long. 1. how did I shortlist SUZLON? well, I have been following a bunch of stocks for a long long time. I came back to check how this one was doing, and viola, I had a solid trade idea. (I have swung Suzlon on the long side successfully before, and that just adds fuel to my fire; this step isn't necessary either). second, and most importantly, fundamentals. look at these things for the Q in particular: a. increasing EPS quarterly YoY. b. EPS growth Q YoY >> EPS growth trailing 12 months. (in lazy words, the company owes more pennies to shareholders this Q that it did on average in the last 12 months. this + point a guarantees(though nothing is certain) that the upward trend of the company's trajectory is more probable than a downward trend) c. increasing revenue growth, total equity growth, etc. these things help weed out the losers from the probable winners. don't swing a long when you can see some faults. use your abilities to their best, hombre. fundamentals aside, I am a technical trader. if I wanted to be a fundamentalist, I would buy an index and subscribe to a church/temple/mosque/whatever. as a technician, I believe that there is more money in the mountains and troughs of a stock's chart. the technicals: first, the trade setup. 1. whatever my idea may be, I look for the max possible loss I will be taking if shit goes south. there's no such thing as peace of mind, but there's relative peace of mind knowing what you lose when you're wrong. where do we set the SL? look at the D chart: 60? wrong. everyone and their momma will have their stop at a juicy round number. remember, the stock does not owe you to bounce off an arbitrary level at an exact point. so where then? look at the 3 day chart (here, any higher tf will work, I just prefer D, 3D, 7D). the current rally started where the lightbulb is placed. SL will be just below that: 58.92 or whatever fraction shines your shoes. keep it below 58. that gap between 60 and 58 is where you will turn most of your SL losers to at least breakeven winners. so, SL: 58.92 . 2. I scale into my longs. further reduction of risk as I work with unrealised profits. A wise man once said, great rallies don't end in a single day. lower risk, lower but more sure reward. me likey. I divide my net buying into four chunks. the buying will look like this: py(pyramid) 1: 66.66 py2: 67. (but i need a strong day for this). py3: 71.69. py4: near ATH: 75? these pyramids are approximate and I have no idea how the stock will behave on the daily chart. maybe it jumps 10% in a single day. maybe it takes 17 small green days. I don't know and I don't care. I want to get in my position between 67 and 75 with some unrealised profits. next steps: 1. TP levels and 2. updated SL. let's start with 2. 2. updated SL. you don't want a popcorn trade, trade that goes in your favor, completes its course and drops back down to your SL, giving you a burnt taste in your mouth. no sir. you want to figure out what the stock is doing to a better than a 50/50 chance. remember, huge profits >> positive breakevens >> negative breakevens >> SLed trades >> massive loss still held because of hopium. remember that order. you will graduate from consistently left to consistently right (hopefully, not politically). yada yada yada, how will you update the SL, wildhorse3? 1. till the stock goes well above 76; no updates to SL. 2. if the stock goes to 75 (prior resistance); has a sharp reversal; then we wait for a confirmation to get out/downsize. i'm talking about this situation. look at the possibilities: if red happens (aka failed retest); downsize rapidly, get rid of pyramids, congrats, you had a positive breakeven. pyramid later on if the stock does move to the up; that's for later. scenario green: do nothing, hold now, you made it. in this case, move the SL up to ~67; don't move it up to 72 like a fool (just yet). the reason: you want to give the stock some room to move. when something goes up, it does not owe you anything, and that includes, going up in the near term, going sideways, going down. (I don't mean to scold you, this text is written for just one person, and that is me. I scream when I remember a past mistake. take my lessons, or don't.) keep repeating this till eventually, you're out of a trade because your SL was hit. (and hopefully this SL was a level where you made bank) 1. TP levels gonna keep it simple, I am not used to writing long paragraphs. if you want to read more, I have a telegram channel where I keep blabbering. reach out for an invite. TP levels: a. zoom out. where might bears make money? ATH? das right. make that your TP1. b. what if das not right? zoom further out 190? 400? these log charts are sneaky! further older ATHs? well das semi right. c. just tell me the levels, bitch. okay, and mind your language. I don't know. I look to cover my losses, and I let a winner run (small losers, big big winners) when the pain of holding is greater than the joy of holding, I start closing the position. how do I measure the pain? well, I open my portfolio 15 minutes before close of the day. If I am greeted by a blast of red fumes, I know I need to work on my holdings in the near term (not. right. away.) if it is lush green, I: a. keep an eye open if it is too lush. stocks don't go up forever, and usually the green climaxes are so lush that it makes you want to buy more. that, my good sir, is the time to sell. b. if it is moderately okayish, modest toned down green; I do nothing. in summary, a summary: a. I wanna swing SUZLON long. b. SL: 58.92 c. pyramiding (4 increments): between 66 and 75. d. why SUZLON, why now? read this wall of text. as for why now, I will need to make another wall of text explaining why I enter now. (the gist: trending on D, 3D, 7D, nice overdone pullback, good market, above SMA, burst of volume post earnings, solid fundamentals, a FAFO idelogy). d. TP: if you want a level, go for 82.69.
NSE:SUZLONLong
by wildhorse3
SWIIGGY S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:SWIGGY
by zenthosh
ALKEM LABORATORIES LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:ALKEM
by zenthosh
IPO Price Respected — Now Coiling for a Major Breakout? 🔍 Chart Context & Structure Since its listing, SBI Cards & Payment Services Ltd (NSE: SBICARD) has been forming a massive accumulation base on the weekly chart — with an iron-clad support zone around ₹650. Over the last 3.5 years, the stock never closed below this IPO zone, signaling strong institutional confidence and long-term investor conviction. Now, after multiple failed attempts, price is retesting the crucial ₹930–₹972 resistance band — a level that previously triggered sharp rejections. But this time, the setup is different: ✅ Momentum is building with a consistent series of higher lows. ✅ The structure now hints at a rounding bottom formation. ✅ Volume is supportive (if visible), and sentiment around financials is shifting positive. 📊 Technical Zones to Watch Zone Relevance 🔵 ₹660–₹715 Strong base zone (IPO support + demand cluster) 🟣 ₹930–₹972 Historical supply zone (tested 3rd time now) 🟠 ₹1,130–₹1,150 Minor resistance, could break quickly post breakout 🟡 ₹1,272 – ₹1,440 Fibonacci targets (1.272–1.618 extension) 🔴 ₹1,916 Final positional target (2.618 Fib extension from pandemic low) 🌐 The Macro Tailwinds 💳 Credit card usage in India is booming – penetration is still low compared to global norms, but monthly user growth is accelerating. 🏛️ Government is actively promoting digital payments – a key pillar in India’s fintech roadmap. 📈 Financialization of Indian households – from cash hoarding to credit leverage, behavior is shifting. 🔁 Consumer spending is rebounding strongly post-COVID and SBI Cards is a direct proxy. 💡 Investor Psychology Think of the ₹930–₹972 zone like a "psychological lid". Price got rejected here twice before — so this third approach carries both hesitation and anticipation. A weekly close above this zone would likely: Trigger short-covering from swing sellers, Attract momentum traders, And validate long-term bulls waiting for confirmation. 📌 Trading Plan (Positional Swing) Entry Trigger: Weekly close above ₹972 Initial Target: ₹1,130 → ₹1,192 Medium-Term Targets: ₹1,272 → ₹1,343 → ₹1,440 Long-Term Target: ₹1,916 Stop-Loss (Weekly): Close below ₹880 Holding Period: 6 months to 2 years depending on breakout strength 🧠 Final Thought "Not closing below IPO levels for over 3 years in a volatile mid-cap is not random — it's informed accumulation." With digital payment adoption surging and tailwinds aligning, SBI Cards may be quietly entering a new phase of price discovery. Watch the ₹972 zone closely — what was resistance may soon become the launchpad.
NSE:SBICARDLong
by Anany_shringi
Ye Chart Kuch Kehta Hai : HSCLHimadri Speciality Chemical is on the verge of a breakout driven by strong quarterly and annual financial results, strategic expansion into high-growth sectors like lithium-ion battery materials, positive technical indicators, and a historically favorable seasonal trend in June. The company’s robust operational performance, healthy balance sheet, and diversification into emerging markets position it well for sustained growth and stock price appreciation in the near term. This combination of fundamental strength and technical momentum underpins the current bullish outlook for Himadri Speciality Chemical Ltd. Strong Financial Performance and Growth Momentum Himadri reported a consolidated net profit of ₹155.58 crore for Q4 FY25, a 34% increase year-over-year, and a full-year net profit of ₹558 crore, up 36% from the previous year. The company achieved its highest-ever quarterly EBITDA of ₹232 crore in Q4 FY25 and a record yearly EBITDA of ₹844 crore, reflecting strong operational efficiency and profitability. Sales volumes rose by 16% in FY25, reaching 552,206 metric tonnes, supporting revenue growth despite some marginal declines in specific quarters. The balance sheet is strong with a net positive cash balance of ₹371 crore, positioning the company well for strategic investments and growth
NSE:HSCLLong
by prashant_1209
SWIGGY – Rounded Bottom Breakout with Volume SurgePattern: Rounded bottom Breakout level: ₹345 Current price: ₹355.55 (+6.71%) Volume: 24.64M (above 20-day average of 20.91M) RSI: 66.27 – strong bullish momentum Target: ₹409 (18 percent upside) Stop-loss: ₹324 Invalidation: Close below ₹340 with volume Context: A well-defined rounded base has broken out with strong follow-through. Volume exceeds the average, RSI confirms momentum, and the breakout candle shows no selling pressure. A bullish divergence in RSI had already signaled accumulation before price action confirmed it. Coverage initiation by Morgan Stanley aligns with, but does not drive, the technical breakout. Disclaimer: This analysis is intended for informational and educational purposes only and does not constitute financial, investment, or trading advice. Trading and investing in equities involve risk, including the risk of capital loss. The pattern recognition and breakout setup described here are based purely on technical chart analysis, without consideration of the company’s financial statements, earnings outlook, or valuation metrics. Market conditions can change rapidly, and price targets or stop-loss levels may not be respected under volatile scenarios. Always consult your financial advisor and conduct your own due diligence before making any investment decisions.
NSE:SWIGGYLong
by eggubonda
CE INFO SYSTEMS LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:MAPMYINDIA
by zenthosh
TATA TECH - Bullish Inverted H&S Breakout (Daily T/F)Trade Setup 📌 Stock: TATA TECHNOLOGIES ( NSE:TATATECH ) 📌 Trend: Strong Bullish Momentum 📌 Risk-Reward Ratio: 1:3 (Favorable) 🎯 Entry Zone: ₹750.55(Breakout Confirmation) 🛑 Stop Loss: ₹699.00(Daily Closing Basis) (~5.6% Risk) 🎯 Target Levels: ₹773.45 ₹795.70 ₹816.35 ₹840.55 ₹867.00 ₹896.85 (Final Target) Technical Rationale ✅ Bullish Inverted Head & Shoulder Breakout - Classic bullish pattern confirming uptrend continuation ✅ Strong Momentum - Daily RSI >60 & Weekly RSI >50 ✅ Volume Confirmation - Breakout volume 3.43M(while posting) vs previous day's 767.40K (Nearly 5x surge while posting) ✅ Multi-Timeframe Alignment - Daily and weekly charts showing strength Key Observations • The breakout comes with significantly higher volume, validating strength • Well-defined pattern with clear price & volume breakout • Conservative stop loss at recent swing low Trade Management Strategy • Consider partial profit booking at each target level • Move stop loss to breakeven after Target 1 is achieved • Trail stop loss to protect profits as price progresses Disclaimer ⚠️ This analysis is strictly for educational purposes and should not be construed as financial advice. Trading in equities involves substantial risk of capital loss. Past performance is not indicative of future results. Always conduct your own research, consider your risk appetite, and consult a financial advisor before making any investment decisions. The author assumes no responsibility for any trading outcomes based on this information. What do you think? Are you watching NSE:TATATECH for this breakout opportunity? Share your views in the comments!
NSE:TATATECHLong
by raigvivek