Based on the chart, here's a detailed description for the trade setup: ### **Trade Setup for GRSE:** - **Entry (Buy):** The entry point for this trade is based on the breakout confirmation or continuation of an upward momentum. The buy price appears to be **above ₹1,720.30**. - **Stop-Loss:** The stop-loss is set at **₹1,529.60**. This provides a buffer for...
Your chart shows **Hindustan Copper Ltd.** (NSE:HINDCOPPER) on a **weekly timeframe**, with various technical indicators and levels highlighted. Here’s a breakdown of what I see in the chart: 1. **Price Action & Trend:** - The stock has recently made a significant upward move and is trading around **₹329.80**. - There's a visible breakout around **September...
Here is a professionally articulated analysis of the chart: BF Utilities Ltd. Weekly Analysis Trend Analysis: The current trend is upward, indicating a strong bullish momentum. Resistance Break: The price has successfully broken the 2015 resistance level, which was at 734.20. RSI Support: The RSI (Relative Strength Index) shows a trendline that has strong...
Objective: To capitalize on the anticipated multi-year breakout of BEPL as it approaches its 2017 high. Entry Strategy: Enter the trade upon confirmation of a weekly candle crossing 3% above the 2017 high of 148. This confirms the breakout level at approximately 153. Initial Stop-Loss: Set an initial stop-loss at 137, which is 10% below the breakout level to...
### Analysis of Suzlon Energy Ltd. Chart The chart of Suzlon Energy Ltd. shows a weekly timeframe analysis, with significant points of interest (POI), supply and demand zones, moving averages, and RSI indicators. #### Key Observations: 1. **Historical Context**: - The stock experienced a significant downtrend from the highs of 2009 around 96.39. - It...
### Chart Analysis The chart provided is a monthly candlestick chart for Hindustan Copper (NSE:HINDCOPPER). Here's a detailed breakdown: 1. **Price Movement:** - **Current Price:** 332.95 INR, down by 6.45%. - **Historical High:** The chart shows a significant peak around 2012 and another major peak in recent times. - **Support Levels:** Around 18.25...
**Monthly Chart Analysis:** - **Price Action:** - Price near 2007 resistance, consolidating for 2 months. - Formation of a bullish flag pattern, indicating potential for further upward movement. - **Technical Indicators:** - EMA 50 and 20 below price, indicating an uptrend. - Fibonacci support at 0.618 golden ratio. - RSI above 80, indicating price...
The chart shows Infosys Ltd. (NSE: INFY) on a monthly timeframe. Here's a breakdown of the key elements: 1. **Long-term SIP (Systematic Investment Plan) Stock**: - The chart suggests holding this stock for the long term and booking profits when gains reach 100% or more. 2. **Fibonacci Retracement Levels**: - The stock is currently around the 0.618...
Puravankara Ltd: Breaking the 2008 High and Beyond Puravankara Ltd, a well-known real estate development company in India, has recently broken out past its 2008 high on both weekly and monthly analyses. This breakout is significant because older highs, when surpassed, often indicate strong potential for further price appreciation. If you're considering trading or...
Dolatalgo's stock has made a significant move by breaking its 2021 high, drawing the attention of investors and traders alike. The breakout has been accompanied by robust trading volume, suggesting strong market interest. To capitalize on this bullish momentum, here's a detailed trade plan with a focus on entry points, targets, and risk management. Technical...
Welcorp Stock Breaks 2007 High: Navigating the Opportunity Welcorp's stock recently surpassed its 2007 high, creating a buzz among investors and traders. This achievement suggests that the stock is entering a potentially sustained uptrend. With the potential for gains estimated at 80% and a risk of around 24%, it's crucial to have a comprehensive trading plan to...
check the chart and look that how movement and how much time took for the target may make sense
Please note that the following strategy is based on historical observations and should not be considered as financial advice. It is essential to backtest any strategy thoroughly and consult with a qualified financial advisor before making investment decisions. Based on historical analysis of Bajaj Finance's price movements, it appears that the stock tends to...
Please note that the following analysis and recommendations are for illustrative purposes only and should not be considered as financial advice. It is important to conduct your own thorough analysis and consult with a qualified financial advisor before making any investment decisions. The stock market is highly unpredictable, and past performance is not indicative...
WEEKLY MONTHLY right now channel breakout is done on the DAILY LEVEL and retracement was also done (some people may enter with the right now 2086 price for first and second targets with a stop loss of 1300 and also without stop loss and add more on deep ) who wants more surreality may wait for a week bar completing and watching weekly breakouts and then...