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NSE-INDIA

Reliance has formed H&S & seem to be in process of making a top!NSE:RELIANCE seem to have formed H&S formation. Structure is tilted on the left and has formed over a long period (~10 months). Finally the structure seem to have completed though the price is still trying to bounce from the neckline. Today we have an evening star kind of formation which might push the price towards neckline in a breakdown attempt this week. I can see similar formation across charts and when you see such formations in multiple charts, it typically suggests a top formation is occurring. It has been a slow process and might take some more time before these H&S start materializing so some amount of patience is needed. I guess we are close to making a near term top in Indian markets.
NSE:RELIANCEShort
by YetAnotherTA
SEQUENT SCIENTIFIC - Multi Year Breakout StockINVERSE HEAD & SHOULDER PATTERN BREAKOUT STOCK FOR SWING TRADING > 2 Years of Inverse head & shoulder breakout BUY PRICE : 155 SL : 125 (only for swing traders) TARGET : 202, 250, 305 (100%) Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
NSE:SEQUENTLong
by Jagadheesh_JP
[Bullish] Long term wave 5 in progressNSE:NIITLTD caught my attention last week due to multiple bulk deals and then today the stock skyrocketed to UC with 20% move. We seem to be in last wave (5th) of current major cycle that started in 2013. Right now, we seem to be in minor wave 3rd of larger 5th. Ideal entry point would be >=155 though the stock may not give that opportunity if it's gaps up tomorrow and keeps moving up. As per wave equality (1=5), target for wave 5 should be around 500. Note that this is 6M chart.
NSE:NIITLTDLong
by YetAnotherTA
Multi-year Trendline BreakoutNSE:LOVABLE has broken out from a multi-year downward sloping trendline. Structure looks like inverted H&S though I would avoid calling it as I prefer to go by strict technical definition of H&S which says inverted (or bullish) H&S should form after a decline since it's a trend reversal pattern. Decline is there but the whole decline is in form on H&S instead of H&S formed after a decline. Anyhow it's just a technicality and we can treat it as a breakout. Feel free to call it a trendline BO or H&S BO. As for target, technical target should be above 700 as per the height of structure. However, I would prefer to trade it with multiple smaller targets. I would look for 300 as the next major then will wait for price action to confirm if it would go further and target would be 400. Next would be 550 and then 700.
NSE:LOVABLELong
by YetAnotherTA
[Bullish] GOKULAGRO starting major wave 3NSE:GOKULAGRO seem to have started long term wave 3 as per this monthly chart after a textbook clean wave 1 from Elliott Wave perspective. Currently trading at 235 and wave 3 conservative target (as per equality principle) is around 2000. Wave 1 took nearly 2.5 years so we can expect similar time as wave 3 are usually the fastest. Even if we keep some margin, 3 years sounds a reasonable timeframe for wav 3 to complete. Volumes also support the current move.
NSE:GOKULAGROLong
by YetAnotherTA
YES BANK RANGE BREAKOUT FROM ALL TIME LOW LEVELI Suggested this stock on 12th Nov 2023 at 19 level Entered at 19 Targets - 22,30,45,70+ 18% Returns Given 🚀💰 Best Penny stock to invest now Investment possible at CMP - 21.45 level if falls than average at 19 level @Jagadheesh_JP In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:YESBANKLong
by Jagadheesh_JP
4
Aditya Birla Capital Ltd At Discount 8-)Key Points Diversified Portfolio The co. has a portfolio across Lending, Insurance, Asset management, and Other services which caters to a wide range of customer segments, needs, channels, and geographies. Company is almost debt free. Company has delivered good profit growth of 31.4% CAGR over last 5 years Company's median sales growth is 26.0% of last 10 years Market Cap ₹ 42,022 Cr. Current Price ₹ 162 High / Low ₹ 199 / 133 Stock P/E 251 Book Value ₹ 51.0 Dividend Yield 0.00 % ROCE 1.84 % ROE 1.41 % Face Value ₹ 10.0
NSE:ABCAPITALLong
by MrSardarKhan
BANKNIFTY INTRADAY SHORT and OVERNIGHT LONG SCENARIOS2 possible trades. 1. Intraday short trade on 20 Jan 2023. Bearish sentiment Will retest key support level of 40900 Price has just been rejected from 22 EMA on Daily TF Price will try to approach 200 EMA on Daily TF 2. Overnight long trade on 21 Jan 2023. Key resistance trendline break Will try to break through 42000. Conservative target around 41850. Price will crossover 22 EMA on Daily TF once it gives a daily closing above 41500
NSE:BANKNIFTY1!Short
by aakash0ark