Surana T&P (Daily Timeframe) - Will it make new ATH?Surana has formed a Triangle formation which it Broke-Out last week confirming a bullish momentum. Short-term EMAs are in a PCO state. Today the stock opened Gap-up and formed a strong bullish candle (16.86%) with huge volume. A Golden Cross-over in both EMAs and DMAs may form in the coming days, which is a bullish signal, confirming the momentum.
On upside the stock may reach 37 levels if the momentum continues. If the stock is unable to sustain momentum, then we may see the levels of 17 on the downside.
Price-action is what we need to keep monitoring!!
Alltimehigh
GMDC (Weekly Timeframe) - What next after ATHGMDC was in a short-term downtrend which reversed into an uptrend by Mar 2025. Past few weeks it tried to BreakOut of the horizontal key resistance trendline as indicated. Last week the stock surged by 26.04% with huge volume and made a new ATH. What can we expect after the new ATH, I would expect some profit booking in the coming week.
If the momentum sustains then we may see the stock surge to 640 levels on the upside. On downside, we may see 374 levels. All depending on the coming week's price-action.
To be watched !!
TD Power Systems (Daily Timeframe) - Can it make new ATH ??TD Power made a new All Time High today with huge volume. With that last bullish candle, on daily timeframe, we observe a Double-Top which is a bearish chart pattern. The angular support trendline has been respected as indicated. Short-term EMAs are in positive cross-over state, which is an obvious scenario during Double-Top formation.
We should observe how the price action plays out in the coming days to decide on the possible targets, both upside and downside.
HBL ENGG, FRESH BREAKOUT FOR ANOTHER BULL RUNHBL ENGG (W) 800 has given fresh breakout above 735 and highest all time high closing. All leading and lagging indicators are bullish. Breakout is supported by heavy buying volumes.
Expected technical targets are 940/1080/1260 in next 12 to 18 months.
Set up invalid if stock falls below 740 on weekly closing basis.
Godrej Agrovet Ltd (Weekly Timeframe) - Potential BreakoutSince the All Time High on Jul 15, 2024, the stock is in a Accumulation phase , and last week it tried to breach the ATH with Huge Volume . The stock may BreakOut of the Resistance Zone if Good Volume is available. If it is able to breach the resistance zone, then it may go to 1070 levels.
It is also possible that there could be some profit booking which means the stock could come down as well.
Keep monitoring.
Prestige on breakout, this is ready to fly in blue sky!Hey Traders! Today, I’m sharing a stock that has broken out from a falling resistance trendline. This breakout sets the stage for a potential move towards its all-time high zone. It looks promising for both short-term and long-term trades. In my opinion, this could be a solid trade for the next few days.
Here’s what you need to know:
The stock has broken above a key falling resistance trendline.
This sets up a potential move towards the all-time high zone.
For better risk-reward, I suggest trading with smaller quantities.
Don’t forget to use the stop loss marked on the chart for risk management.
Please trade wisely and according to your own risk tolerance.
Disclaimer: This analysis is for educational purposes only. Always consult a financial advisor before making any investment decisions.
APOLLOHOSP Soon to ATH??!!!Yessss!!!!!
Chart patterns looks prudent for the above titled opinion
Rounding bottom....with a Inverted H&S pattern awaiting a Breakout!!!!!!
Expecting a Breakout by this week or next.
We can make our entry after the breakout solid candle....
Just add it to your watchlist and keep an eye on it!!!!
will update once the breakout happens!!!!!
just my opinion....not an advice nor tip....
Thank you!!!!!!
AUBANK back to All Time High.AUBANK is a few points away from the price where it started.
The trading strategy is to wait for the resistance range 250-246.90 for a retest of the all-time high and upper targets of 261.50 to 268 as new highs.
Upon rejection or confirmation of rejection of this resistance level, prices will fall to 231 and 221, respectively, as T1 and T2.
HDFCBANK: All Time High retest, for new ATH.The ATH level will be retested and will act as immediate resistance and a possible pullback zone.
Price breaking out this level will target 2005 and 2025 as initial targets.
Prices if rejecting this, it will create a double top with RSI divergence.
Price breaking out will trigger a buy, with Immediate resistance a support for exit.
Bajaj Finance - Breakout Confirmed! Heading Toward ₹11,850?Bajaj Finance (BAJFINANCE) has broken out of its multi-year consolidation range with strong momentum. The ascending trendline and breakout suggest a bullish continuation toward ₹11,850. Watch for pullbacks to enter long positions.
Key Observations:
1. Ascending Trendline Support:
- The stock has consistently respected the ascending trendline since 2021, with multiple bounces (marked by green arrows), indicating strong bullish momentum.
2. Breakout Above Resistance:
- After consolidating between for nearly two years, the price has finally broken above the resistance zone, confirming a bullish breakout.
3. Upside Potential:
- Based on the height of the previous consolidation range, the breakout target is projected at ₹11,850.
5. Strong Base Support:
- The ₹6,500–₹7,000 zone remains a strong support area in case of any pullbacks.
---
Disclaimer:
This analysis is for informational and educational purposes only and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.*
MCX - 2 Months Consolidation Breakout - All Time HighMulti Commodity Exchange of India Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (October, 2024). Now, It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (7900 - 14.15% from the current price 6920) .
4) Recommendation - Strong Buy .
Bitcoin Breakout the Channel Pattern. All-Time High ???A Channel Pattern has formed, and a Breakout occurred above the Pattern. Next, the market is expected to reach the Resistance zone. If the market Breakout above the resistance zone, Bitcoin is expected to enter a very Bullish Uptrend and Possibly reach an All-Time High.
Gulf Energy Development : Next Target is 69 THB, Fibonacci levelIn Gulf Energy Development, Falling Wedge Pattern Breakout and Reached the Target with +34% Profit. Now market Breakout above the Resistance level, so Next Target is 1.6 Fibonacci levels 69 THB.
I want to help people to Make Profit all over the "World".
Medi Assist Health (MEDIASSIST) by KRS ChartsDate:11th Sept 2024
Time: 10:43 AM
Why MEDIASSIST ❓❓
1. Broken Range in June 2024 and was range-bound around previous Resistance.
2. Again, in Sept with Huge Volume and Huge Green candle broke out range and successfully retest recently.
3. All over movement so far is sideways to turning Bullish.
4. Recently made All Time High and I'm expecting it to reach 742 Rs.
SL will be 641 Rs with 1D closing basis