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TATA INVESTMENT - Breakout Opportunity - Investofino🚀 TATA INVESTMENT - Breakout Opportunity! 🚀 🔹 Market Cap: ₹35,848.79 Cr | ADR: 2.81% 🔹 Key Levels: ✅ Buy Zone: Above ₹7560 ✅ Target 1: ₹8500 ✅ Target 2: ₹9330 ✅ Stop Loss: ₹7000 📊 Technical Highlights: Strong breakout above 10 EMA with high relative volume (124%). Volume Buzz at 298%, indicating heavy accumulation. Bullish RSI & momentum support a potential 27% move to the 52-week high. ⚡ Action Plan: Enter above ₹7560 and trail SL below ₹7000 for a safe risk-reward ratio. Upside potential remains attractive for positional traders. #TATAInvestment #StockMarket #Breakout #TradingIdeas #TechnicalAnalysis @investofino
NSE:TATAINVESTLong
by xManinderSinghx
EIEL S/R 11/12/24Support 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:EIEL
by zenthosh
1
AZAD Engineering - Technical Breakout Alert🚀 AZAD Engineering - Technical Breakout Alert! 🚀 🔹 Industry: Producer Manufacturing - Metal Fabrication 🔹 Market Cap: ₹10669 Cr | PE Ratio: 123.5 🔹 Key Levels: ✅ Buy Zone: ₹1708 - ₹1844 ✅ Targets: ₹2180 / ₹2314 / ₹2430 ✅ Resistance: ₹2512 📊 Technical Highlights: Strong breakout above trendline and EMA support. Volume spiking with U/D volume ratio at 2.1, indicating bullish participation. Indicators showing positive divergence with a 30% upside potential. ⚡ Plan Your Trade: Position above ₹1844 with trailing SL at ₹1708 for targets up to ₹2512. Risk-reward remains attractive for medium-term swing traders. #AZADEngineering #StockMarket #Breakout #TechnicalAnalysis #Investing
NSE:AZADLong
by xManinderSinghx
ARVINDFASN : Ready to Ride Wave 5 to New Highs Price Action Overview: Current price: ₹532.15 , trading within the Wave 4 completion zone ( ₹526–₹570 ) as per Elliott Wave analysis. A deep retracement zone is identified between ₹495–₹505 , aligning with Wave C completion, where a bullish reversal is expected. Wave C indicates a strong potential low point for the next bullish leg (Wave 5). Key Levels: Wave 4 Completion Zone: ₹526–₹570 Expected reversal area for Wave 5. Deep Retracement Zone (Wave C): ₹495–₹505 Secondary buying opportunity if the price drops further. Stop Loss: ₹486.40 Hourly close below this level invalidates the trade setup. First Target Zone: ₹605–₹613 Logical resistance area for profit booking. Second Target Zone: ₹654–₹671 Higher-level target as Wave 5 progresses. Trading Strategy: Entry Plan: Initiate a buy near the Wave 4 completion zone ( ₹526–₹570 ) after bullish confirmation (e.g., bullish candlestick patterns or volume increase). Consider a secondary buy within the deep retracement zone ( ₹495–₹505 ), aligning with Wave C completion. Stop Loss: Place a stop loss below ₹486.40 to minimize risk. Profit Target: First target: ₹605–₹613 . Second target: ₹654–₹671 for extended profits as Wave 5 progresses. Risk Management: Scale into the trade cautiously to ensure favorable risk-reward ratios. Keep an eye on broader market trends, as a bearish environment can invalidate this setup. Potential Risks: Failure to sustain demand in the Wave C or Wave 4 zones can lead to a deeper correction. Broader market sentiment and sector trends may influence price movement. Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered analyst. Please conduct your research or consult a financial advisor before trading. #ArvindFashions #TechnicalAnalysis #ElliottWave #Wave5 #SwingTrading #StockMarket #TradingStrategy #InvestmentPlanning #MarketInsights #StocksToWatch #BSE #NSE #Fibonacci
NSE:ARVINDFASNLong
by LiveTradingBox