CARBORUNIV Good Consolidation BreakNSE:CARBORUNIV This Stock Good Consolidation Breakout (300 Days ) so wait for Weekly Closing Longby Maker-X1906Updated 2
Carborundum Universal Huge Breakout NSE:CARBORUNIV Price Breakout on a weekly time frame with good vol. *At this zone Risk Reward is not good *Can wait for retest or consolidation by Equalbucks0
CARBORUNDUM UNIVERSAL - Swing Trade - 23rd March #stocksCARBORUNDUM UNIVERSAL (1W TF) - Swing Trade Analysis given on 23rd March, 2024 Pattern: FALLING WEDGE BREAKOUT - Resistance Breakout - Done ✓ - Volume buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress #CARBORUNDUM Longby TradeRyteStockzUpdated 3
Amazing breakout on Weekly / Daily Timeframe - CARBORUNIVCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. PS: No new Nifty500 script can escape from me when making a breakout. :-) PS: People who missed my first BO level, can re-consider this BO level when a proper candle close is seen in Daily TF. NOTE: Sorry for being offline these many days. I had a family member passed away!Longby Yoyohoneysingh930
Carborundum Universal Carborundum has given breakout of trend line of after july-23 with high volume. One can go long with this stock for new big target. Stock will given 20% to 30% move from this price. Longby Arthavidhi0
Carborundum-A quick breakout swing tradeLogic:Breakout retest done and fresh flag breakout of consolidation Targets are based on Fibonacci retracements. Company has strong fundamentals. Good stock to invest on dips as well. Idea is shared as a swing trade for educational purposes. It will help you understand power of flag breakout and continuation patterns.Longby tradewithamey_2
CARBORUNIV- VCP in Making X weeks X Range above 144CARBORUNIV- VCP in Making X weeks X Range above 144 1) Consolidatin in Progress 2) VCP in formation 3) Lets see and Make sure to Upvote and give thumbsupLongby saurav09911
Resistance to support.. Here there is breakout and retest of all time high. Supertrend retest also seen Good low risk entry possible. Longby yndesaiUpdated 2
CARBORUNIV: Demand Zone, Rising Trendline, and RSI DivergenceIn this analysis, we will dive into the technical aspects of CARBORUNIV's weekly chart, focusing on key indicators such as the demand zone, rising trendline, and RSI divergence. By examining these elements, we aim to provide insights into potential trading prospects. Technical Analysis: Let's explore the technical factors on CARBORUNIV's weekly chart that can influence trading decisions. Demand Zone: The presence of a demand zone on the chart is a significant indicator. This area suggests a potential increase in buying interest, often leading to price reversals. Traders frequently view demand zones as potential entry points due to the likelihood of price bouncing back from these levels. Weekly Rising Trendline: The touchpoint of the rising trendline emphasizes the possibility of finding support for the stock's price. A rising trendline reflects a consistent upward movement over time, reinforcing the idea that the stock might experience a bounce from this level. RSI Divergence: The observed divergence on the Relative Strength Index (RSI) is another crucial aspect. Divergence occurs when the price movement and the RSI indicator show a disconnect. This can signal a potential reversal or change in price direction. In this case, the RSI divergence supports the notion of a price rebound. Trade Strategy: Considering the technical signals on the chart, a possible trading strategy can be outlined: Entry: Contemplate entering a long position at the current market price (CMP) of ₹1089. Stop Loss (SL): Set a stop loss at ₹1017 to mitigate potential losses. Target: Aim for a target price of ₹1181, considering the influence of the demand zone, the touchpoint on the rising trendline, and the RSI divergence. Conclusion: Based on the technical analysis, CARBORUNIV's weekly chart presents a compelling scenario for traders seeking trading opportunities. The convergence of a demand zone, a touchpoint on the rising trendline, and RSI divergence suggests a favorable outlook for the stock. It's important to remember that trading carries inherent risks, and traders should employ effective risk management techniques. Additionally, investors seeking a comprehensive understanding of the stock's fundamentals should consult financial advisors before making trading or investment decisions. As with any trading strategy, staying updated about market developments and closely monitoring price movements is essential. Integrating technical analysis with prudent risk management can contribute to well-informed trading decisions.Longby yaashulUpdated 2
confluence area tradeBullish engulfing bar at 200EMA Fibb 0.618 level previous resistance turns supportLongby ajinkyadeshmukh211
CARBORUNIV Analysis :CARBORUNIV LTP : 1082.45 Support : 970-1035 Targets: 1177/1338/1520++ Disclaimer:This is my personal view. Prior to making any investment or trade decisions, please consult your financial advisor. #CARBORUNIV #StocksInFocus #stockmarkets #investing #SGXNIFTY #NASDAQ #nifty50 Longby subhashsurabhi220
#Carborundum unvrl cash : Flag pattern formation breakout#Carborundum Unvrl cash -Positional call 19.07.2023 Looks good above 1235 and add more above 1260.10 Stoploss 1160 Tgt 1360-1480 Cmp 1218.35Longby anandnst5
Carborundum Universal looks positive on trendline chartsEntry Level - 1195.90 SL - Close below 1160 First target - 1270 Entry reason - Trading near trendline supportLongby SumitNagarUpdated 0
CARBORUNDUM UNIVERSAL making new breakoutCARBORUNDUM UNIVERSAL, a Murugappa group company is making new breakout to new highs. Momentum as shown in RSI, and relative performance to broader CNX 500 index are strong. Volume also looks good. Jesse Livermore says “Go long when stocks reach a new high, sell short when they reach a new low.” Only personal analysis. No recommendation.Longby RajuDatla0
CARBORUNIV - Long Setup, Move is ON..NSE:CARBORUNIV ✅ #CARBORUNIV trading above Resistance of 1215 ✅ Next Resistance is at 1360 ✅ Trading at all time high Related charts: Charts are 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.Longby Sandeep_Aggarwal5
CARBORUNIV LONGCARBORUNIV Looking Bullish gave cup and handle breakout in weekly time frame .One can go for long for the target of 1200 with SL 800 . CMP: 991 TARGET : 1200 STOPLOSS : 800Longby krishnadossUpdated 1
Carborandum good entry at given levelCarborandum good entry at given level Results for this quarter look goodLongby shriraj.kulkarni0
CARBORUNDUM UNIVERSAL BREAKOUTTTTTTTRYING to make new highs,can buy only if it crosses breakout candle high above on tuesday with 1:2 minimum take profit,results near please buy with placeing sl only Longby PSYCHOLOGY_BREAKOUT_TRADERUpdated 0
CARBORUNDUM UNIVERSAlCarborundum universal Stock This stock good for long term and it can give high reward Longby sndprawat7830
Carborandum Universal : Breakout and All Time HighCarborandum Universal earlier gave breakout of Symmetrical Triangle on Weekly Time frame and now gives breakout of Ascending Triangle on Weekly Timeframe. The strength is likely to continue as it is at All Time Levels. Further levels have been derived by use of Fibonacci Extension Longby Mohit200720170
Cup and Handle Break Out in CarborundumChart -> CARBORUNDUM UNVRSL Weekly Cup and handle breakout in the weekly time frame. CMP: 1058 Good Range: 1000 to 1040 Target: 1182, 1420 SL: 968 Weekly close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.Longby kathanthakkar4030
CARBORUNIV: Fresh breakout 1. Fresh ATH breakout 2. Closing is with wick, there can wait for price to close above wick, or wait for a pull to find good RR trade 3. Trend is up 4. 7%+ ROI in last week, still long way to go with fresh breakoutLongby The_SharkTrader1
Carborundum Universal LtdCup & handle breakout in Carborundum Universal Limited with high volume.Longby Swing_Trading_Chart0