Kfintech - Flag & Pole Breakout - Buy above 1095. SL-983KFintech generates revenues primarily through service fees, subscriptions, and transaction-based charges. Its client base includes:
Mutual Fund Companies: Providing technology and operational support for mutual funds.
Wealth Management Firms: Offering technology platforms that enable the management of investor portfolios.
Corporate Issuers: Handling IPO processes, corporate actions, and compliance.
Boom in IPO and rights issue makes this stock very attractive.
The chart has formed Flag & Pole Patternand one can enter only above 1095 for targets of 1230/1450, with strict stop loss of 983
Community ideas
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout Pattern in MEGASOFT
BUY TODAY SELL TOMORROW for 5%
Nifty Index Futures: Key Technical Insights for December 2024The Nifty Index Futures chart highlights significant market developments, signaling potential shifts in momentum. Here’s a concise analysis:
Key Highlights
Trendline Breakdown:
The long-standing upward channel has been breached, indicating bearish pressure.
Bearish Patterns:
A confirmed head-and-shoulders pattern with a neckline breakdown suggests further downside.
Emerging lower highs and lower lows confirm a bearish trend structure.
Critical Levels:
Resistance: 24,400 and 25,000.
Support: 23,625, 23,222, and 21,827.
Scenarios:
Bullish: A recovery above 24,400 could target 25,000.
Bearish: Sustained trading below 23,625 may lead to 23,222 or lower.
Trade Plan:
Short Trade: Consider shorting below 23,625 with a stop-loss at 24,000 and targets at 23,222 and 21,827.
Nifty current view before christmas?Why am i doing this? because everyone in the market know that selling is happening
Nifty recorded worst week. selling here there blah blah blah.....
fed surprise, federal funding fears... all drama over. now its Christmas time....joy every where around. can our market give similar joy to us ? hmmm lets see.
crazy last 3 months ( Oct - Dec) , looks like some people are mad and intentionally making Nifty 50 movements similar to bank nifty movements. mostly after weekly expiry is removed. As a long time nifty trader i am actually happy that i' m able to capture more points then previously, 3-4 years back nifty used trade in 100 - 150 points range and 200- 250 if some rally day and some outliers here and there. but now a days , ayoooo , some moves are crazy , similar to dow jones candle movements, ( speed and body length).... anyway... too much out of topic.
simple view.... market is doing 5-3-5 correction. now we are at the end of 3rd leg of last 5 wave correction. see chart. simply putting some up move as Christmas rally ( leg 4) and one last wave (leg 5) of down correction is possible to end the month and also year..... finally....hahaha that felt happy to write because i learnt a lot this year...aaa again out of topic.
I generally don't care much about exact end of leg 4 or leg 5 levels, i will go with flow once new weekly and daily pivots are formed that will keep my sanity in check. anyway this is the view i currently have.
Happy Trading!!!
Happy Christmas!!!!
and Happy Newyear!!!!
aaa disclaimer.... you know , if you feel it take it or else chuck it.
#IDEA's Potential Fibonacci Journey: Reversal to 3.618 LevelIDEA could potentially reverse from the 0.38 Fibonacci level and aim for an upward move towards the 2.618 Fibonacci level. Following this, it may retrace to the 1.618 Fibonacci level before making a final push towards the 3.618 Fibonacci level.
#NIFTY50 Poised for a Powerful Rebound: Aiming for 30,000!The NIFTY50 index may reverse from the channel's bottom and aim for the 2.618 Fibonacci level before retracing towards the 1.618 Fibonacci level, which coincides with the low recorded on June 4th. This could pave the way for a final upward move towards the 30,000 level, aligning with the channel's top.
kfin technologies weekly breakout 25% upmove possible form entryThis is price breakout stategy . you can use different timeframes as daily, weekly, monthly .
We scan stocks daily and try to find breakout structure after long consolidation and confirms with different timeframe and then draws some levels as price action then we make a perfect plan for entry stoploss and target
if you like my charts then support me.
weekly breakout 80% upmove possible This is price breakout stategy . you can use different timeframes as daily, weekly, monthly .
We scan stocks daily and try to find breakout structure after long consolidation and confirms with different timeframe and then draws some levels as price action then we make a perfect plan
Just a random Elliot Wave analysisJust a random Elliot Wave analysis of BTCUSDT on the 1-hour timeframe. Key levels are highlighted: resistance at $99,618 and support zones at $94,531 and $91,247, with a major support at $82,800. The chart depicts completed impulse (1-5) and corrective (ABC) waves, followed by another wave cycle in progress. The EMA (21) aids trend direction. Watch for potential reactions near the support levels as the price approaches wave 5.
Kalyani Steels Limited - Long Setup, Move is ON...#KSL trading above Resistance of 702
Next Resistance is at 1079
Support is at 469
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MAHABANK Trendline + RetestDate : 21-12-2024
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Trendline + Retest(PICK RESEARCH TO OBSERVE)
MAHABANK Looks at 53.46
SL 36
Target 68, 97, 126++
Hold Period : Few Weeks to Months
Reason for Pick : Breakout, Above 20, 50 & 200 SMA
Please consult your financial advisor before investing
All research for educational purposes only.
General Insurance Corporation of India - Long Setup, Move is ON.#GICRE trading above Resistance of 370
Next Resistance is at 449
Support is at 308
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.