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CESC LTDCESC LTDCESC LTD

CESC LTD

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CESC trade ideas

CESC Trading Within Demand ZoneCESC is currently trading at ₹154.07, slightly above the demand zone spanning ₹153.7 (baseHigh) to ₹150.8 (baseLow), established on 26th June 2024. This zone could serve as a support area, providing opportunities for buyers to enter the market. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
NSE:CESCLong
by rush12799
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.
NSE:CESCLong
by RajputAmarjit
2
Technical Analysis of CESC Ltd Bullish after Short RetracementTechnical Analysis of CESC Ltd Overview of the Stock - The provided chart depicts the 1-hour timeframe of CESC Ltd stock on the National Stock Exchange (NSE) of India. The analysis is based on the following technical indicators: Candlesticks: These represent price action over a specific period. Moving Average (EMA): A type of average that gives more weight to recent prices. Fibonacci Retracement Levels: These are used to identify potential support and resistance levels based on the previous price movement. Buy Zones: These are areas where the analyst suggests buying the stock. Technical Analysis based on Price Action: - The stock price has been trending downwards, but it seems to be finding support near the 183.58 level (EMA 200). A break below this support level could signal further downside. Fibonacci Retracement Levels: - The 0.618 retracement level at 196.49 is acting as a resistance. If the price breaks above this level, it could indicate a bullish reversal. The 0.786 retracement level at 192.80 is another potential resistance. Buy Zones: With the help of technical analysis, we identified two buy zones: Buy Zone 1 between 174 to 187: This is a wider range where buying is suggested. Buy Zone 2 Above 174.53: This is a more specific level where buying is recommended. Overall Outlook: - The stock is currently in a downtrend. A break above the 0.618 Fibonacci retracement level could signal a potential reversal. The buy zones identified might offer buying opportunities if the price reaches those levels. Key Points to Consider Risk Management: Always use appropriate risk management techniques when trading, such as stop-loss orders. Fundamental Analysis: While technical analysis can provide insights, it's also essential to consider fundamental factors like company earnings, industry trends, and economic indicators. Market Conditions: The broader market environment can significantly impact individual stocks. Be aware of overall market trends. Note: This analysis is based on the information available in the technical analysis. Market conditions can change rapidly, and it's always advisable to stay updated with the latest news and developments. Disclaimer: This analysis is based solely on the provided chart and does not constitute financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions. Please do your own research before buying this stock as I am not SEBI registered person and we are not responsible for your loss. This analysis is my personal opinion based on technical analysis just for education purposes. Thanks for your support as always
NSE:CESCLong
by ForexTrader4all
3
Technical Analysis of CESCTechnical Analysis of CESC The technical analysis of CESC Ltd., a company listed on the National Stock Exchange (NSE) of India. The chart shows the price action of the stock over a period of several weeks, along with various technical indicators. Technical Indicators: Fibonacci Retracement Levels: These are horizontal lines that indicate potential support or resistance levels based on the Fibonacci sequence. The levels are labeled as 0.0%, 0.236, 0.382, 0.5, 0.618, and 0.786. RSI (Relative Strength Index): This is a momentum indicator that measures the speed and change of price movements. It is displayed in a separate chart below the main price chart. The RSI ranges from 0 to 100, with readings above 70 generally indicating overbought conditions and readings below 30 indicating oversold conditions. Trade Recommendations: Buy at CMP@186: This recommendation suggests buying CESC Ltd. stock at the current market price (CMP) of 186 INR. TP1 above 192: This is the first target price for the trade, which is above 192 INR. TP2 above 208: This is the second target price for the trade, which is above 208 INR. Disclaimer:- This is not an investment advice but my personal opinion about the stock because I am not SEBI registered person to suggest any stock to buy or sell. Do your on research before buying this stock Thanks for your support as always
NSE:CESCLong
by ForexTrader4all
CESC bullish; above 144 ? - Monday 22-Apr.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading Strategy: 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday. "High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders book profits at this stage This do not constitute, financial, investment, trading, or other types of advice or recommendation.
NSE:CESCLong
by JJ_Breakouts
CESC looks bullishCESC popped up on 52-week breakout screener results A few highlights Increasing volume when approaching the neckline level 94 Decreasing volume while getting corrected Hugh volume during breakout neckline Trading at its all-time high 102 levels There is no resistance if it breaks its all-time high RSI above 60 on a monthly, weekly and daily time frame Even if we set stop loss below the previous swing low, we can comfortably achieve a risk-to-reward ratio of over two. Good trade for a swing or short-term. If the trend continues after retesting the neck level of 94, we may see 125 levels shortly. The depth of the cup is the target from the neckline.
NSE:CESCLong
by vikasbhekare
5