Rattanpower has given monthly breakout from a strong resistance zone of 16-18. Stock is very risky and operators favourite. However, volumes are at all time high and there are few rumours around it that Adani power is going to acquire the company which might be fueling this rally. If you are a high risk momentum trader , you should be interested in this...
Symphony is a good positional trade as it has given monthly reversal breakout However, stock has not shown growth in previous few quarters which can lead to slow rally. Q1 is always fruitful for AC-Fridge manufacturers. Lets wait and watch how this stock goes.
Highest volume till date of this stock in daily and weekly time frame And that to in this type of volatile market must be some big player is taking entry or exit. If price breaks the current candle high, can give a good opportunity. NOTE: i do my analysis, do yours before trade.
Eidparry breaking c&h pattrn #weekly with huge volume good rsi macd crossover #target can be 850 only after breking 700 EDUCATIONAL IDEA
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.
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:IRFC The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price. MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip...
My analysis on this script is bullish.Ofter Proper Breakout and Retest on wedge pattern created strong Demand zone and started rally. Entry criteria 1: ofter retest at 4083 Level(with Volume) Entry criteria 2: ofter Breakout and Retest at 40700 level (with Volume) Target:5378 🚀 #Divislaborotiries #Healthcaresector
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%)