Gokul agro has tested level of 150 multiple times in last couple of years. Stock has managed to break the level now with heavy volumes. Stock can be accumulated for big returns in future, more than 2x. Stock is available at decent valuations currently. However, stock comes under high risk category so safe investors should stay away. However, such breakouts...
Ashok leyland has been consolidating in a cup and handle pattern since 2019 and is on the verge of a breakout. A weekly closing above 170 will confirm the breakout which will the stock to 200+ levels in short time. Stock is looking bullish and can be added on dips upto 155 with a SL of 144 DCB. Chart looks similar to Midhani which gave a sharp upmove after...
PNCInfra is looking ready for a good monthly breakout. Levels mentioned on chart. Decent fundamental stocks, can be held for long term considering infra story of India
MMTC making HLs about to test DTL (Down Trend Line) -VCP in action -Sellers flushing out -Check its prior moves, it moves with great momentum
Good volume build up in daily time frame. Breakout of all time high trend line with good volume. RSI above 70. NOTE: I do my analysis, do yours before trade.
CAMS breaking parallel channel WCB with good volum and rsi #target1 3740 #target2 4068 follow ur sl EDUCATIONAL IDEA
Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but SEBI register not investment advisor. You can connect me on INSTA for further query at _prem_.23 DROP IN VOLUME WHILE IN BEARISH MOVE SUPPORT NEAR 200EMA BUT I THINK IF SL HUNTING BECOMES WE CAN KEEP 815-816 SAFE SL.....
Krishna Defence & Allied Industries Ltd results: ■ Sales 71 cr, QoQ 102%, YoY 68% ■ Net Profits 7, QoQ 172%, YoY100% TA: -VCP in Action -One Simple Horizontal Line BO anticipation
Good volume build up in the daily and weekly time frame. Cup and handle pattern breakout with good volume, wait for retest or breakout of current candle high in daily time frame for opportunity. NOTE: I do my analysis, do yours before trade.
VCP stands Volatility Contraction Pattern by Mark Minervini (One should read his all books) Perfect VCP (15W-39/4-4T), meaning price n volume contracting for 15 weeks from 39% to 4% with 4 contractions(39%, 19%, 15%, 4%)
-Posted good growth results -Long base after IPO, breakout about to happen -Cheat entry was near 994ish level -Green Vol > Red Vol
Alicon has given ATH breakout after 6 months of consolidation. Stock can give almost 300 points move if the breakout is successful. ATH breakouts are risky. Book profits quickly. Not a recommendation, just a personal opinion
Indigo Cmp 3256 dated 24-5-2024 1. Bearish Engulfing @ Top 2. Price Fall with Volumes 3. RSI Break down Sell Below 4240 target 4185-4150-4125-4070 SL 4350 It is just a view, please trade at your own risk.
Falling wedge pattern breakout with good volume. Wait for retest for conformation. Can give easy 10 to 15 % in swing trade if breaks the breakout candle low then the breakout has failed. NOTE: I do my analysis, do your before trade.
PFC has given yet another ATH breakout as the bull run of this stock continues. A beautiful cup and handle flag consolidation is seen in the stock which can be reason to fuel more rally in this stock. Momentum traders can keep this stock in watchlist. 555-560 will be a strong supply zone for the stock. Easy 10% returns are visible here. Long term target of the...
-if Nifty Pharma breakout from long Parallel Channel (PC), Wockpharma can be one of pharma companies to perform, as it also forming long base and, Long Base = Long Breakout . -DTL BO anticipation (Down Trendline Breakout), tested 4 times but didnt fall with volumes. -Clearly, Green vol > Red vol -VCP pattern (15W-22/6-3Ts) -Earnings due on 28th May Setup is...
For educational purpose only. If it corrects further from this point, drawn channel can be act as support and one can average the price for more potential.
It is trading at 682. It has crossed it neckline of 680. Volume is really good. Daily, weekly and monthly RSI above 60 . If its manage to give weekly closed above 680 then we can consider this as cup and handle breakout 1st target :770 2nd target:1000 30 week moving average as stop loss This is for educational purpose. Not a buy recommendation