LICI- All time high breakoutInsurance sector in action with leading company giving all time high breakout. LIC of India is giving all time high breakout on daily chart. The volume in last 1-2 months are quite high and stock has till now given a returns of almost 30% in year 2023. This seems just the beginning of rally in this stock.
The next possible levels on the chart is 1083 according to Fibonacci.
Disclaimer: The stock shared is only for educational purpose and does not include any buy or sell recommendations.
Alltimehighbreakout
Motilal Oswal - Long term BreakoutMotilal Oswal has given a massive breakout of year 2017 on daily chart. This stock has given almost 80% return in year 2023 and around 30% return in last one month.
This breakout is all time high for this stock and entered in blue sky zone where there is no resistance upside. Generally stocks gives huge returns after all time high breakout. The possible targets from here can be found using Fibonacci retrenchment.
Disclaimer: Stock shared for educational purpose and not a buy or sell recommendations
APOLLOHOSP - Weekly - All time high breakoutThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets.
This is a Life time high breakout setup. Usually strong stocks shows strength even during market correction. And becomes the winner of upcoming rally. A stock giving all time high breakout comes under that category. One can plan to invest or trade in such stocks for greater risk-reward
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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Apollo Hospital - All time high breakoutThe Stock is giving a big breakout of all time high levels of 5813 on daily and weekly chart after almost 2 years. If today the stock managed to close above 5813 the breakout will be said a successful breakout and possible level of targets would be:
1st target - 7000, 2nd target - 9171, 3rd target - 11329.
This stock shared is for educational purpose and does not include any buy or sell recommendations.
5PAISA / 5PAISA CAPITAL LTD - Previous All Time High Breakout1) Time Frame - Weekly.
2) Previous All Time High was 580 in the year 2021 July. It has been broken out and closed with strong bullish candle & volume in Weekly.
3) As the primary trend (Black line) acts as a resistance since all these years the stock will find its resistance there (around the price - 935).
4) Recommendation - Strong Buy
Unpacking KSB : From Breakout to Retest - What's Next?Hello Traders! Today, we're going to take a deep dive into the technical analysis of KSB , a prominent company known for manufacturing valves, pumps, and more.
🔍 Understanding the Chart
KSB has recently made an all-time high on 23rd August 2023. Interestingly, it broke this all-time high on 21st September 2023 with impressive volume. The stock has now returned to its previous all-time high to retest the breakout, but with very low and decreasing volumes. This pattern suggests that it's a retest of the previous all-time high breakout.
Entry Point : The stock is currently trading at 2864. We may plan an entry at this level.
Stop Loss : The stop loss will be around 2840.
First Target : The first target will be at least 2960.
Second Target : The second target will be around 3030.
📊 Fundamentals
The fundamentals of KSB are strong, with the company posting impressive quarterly results. You can check the details below image:
🔔 Upcoming Events :The company is expected to post its quarterly results in the coming days, which could potentially impact the stock's performance.
📚 Key Technical Terms Explained
All-Time High (ATH): The highest price ever reached by a stock.
Volume : This refers to the number of shares or contracts traded in a security or market during a given period.
Retest : This is when a stock moves back to a price level it has previously broken out from, often to confirm that level as either new support or resistance.
💡 Conclusion
Remember, this analysis is for educational purposes only. I'm not a SEBI registered analyst. Always do your own research before making any investment decisions.
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All time high breakout in HINDWAREAPAll time High Breakout with Significant Volume.
If Price Close above 515 Range in a day chart, then there is a high chance stock can move till 640 Range.
Stop-loss below 445 Range.
For Re-entry 480 range is good level
( Previous resistance level will act as support if its a genuine breakout)
This is just a view not a recommendation. Do your own analysis before making any investment.
NSE:HINDWAREAP
This mineral and mining industry supplier is at lifetime highs!Tega Industries Ltd is a leading manufacturer and distributor of specialized, critical, and recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry.
• Global second-largest producer of polymer-based mill liners by revenues
• Offers products and solutions for various stages of mineral processing
• Covers the entire value chain of a mineral processing site
Key Financials:
• Total Revenue for latest quarter increased by >17% Y-o-Y
• Net Profit for latest quarter increased by ~44% Y-o-Y
• Net Profit margin increased from an average of ~13% over the last 4 quarters to ~16%
Red Flag Check:
• Promoter holding is good at almost 80% with negligible pledging
• Debt:Equity is good with enough interest coverage
• Stock is not in any of the exchange surveillance lists
Key Technicals:
• Price is in a steady uptrend
• Strong relative strength compared to benchmark index
• Price broke out of previous all-time high this week with heavy volumes
Disclaimer:
This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
PERSISTENT - All Time High Breakout - Swing/InvestmentThose who study charts on regular basis, would be familiar that when a stock price breaks its ATH level on a higher Time frame, in majority of cases, it goes much above that level. Similar is the setup in this stock which has been in uptrend for quite long and has shown strength even during market correction recently.
The analysis is done on Daily TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
KPITTECH - All Time High Breakout - Swing TradeThose who study charts on regular basis, would be familiar that when a stock price breaks its ATH level on a higher Time frame, in majority of cases, it goes much above that level. Similar is the setup in this stock which has been in uptrend for quite long and has shown strength even during market correction recently.
The analysis is done on weekly as well as on Daily TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Analysis of Sat Industries LtdNSE:SATINDLTD
SAT is engage in many business manufacturing, education, leasing, finance, investments, domestic trading, import & export.
Fundamental Analysis
Leading exporters of FIBCs, PP Bags, fabrics and Box bags with exports spread across 28 countries , including USA, Italy, France, Portugal, Greece and UAE.
Company's 3 YEARS OR 5 YEARS Sales 15.4% OR 28.3% ,
Debt/Equity Ratio -0.4% ,
Debt/EBITDA - 1.5% ,
Interest coverage ratio - 7.4 Time ,
Inventory days & Receivable days are higher than 5 year's back.
From 2018 ROCE is getting better ~ 22%
From 2018 ROE is getting better ~ 18%
Technical Analysis
On the charts the stock breakout strongly Rectangle pattern. With good volumes. Now making you all time highs.
User’s of this server are expected not to misread it directly or indirectly as any buy/sell recommendations. We are not SEBI Registered Investment Advisor & Research Analyst. Do Consult your financial advisor before taking any trading or investing decisions.
Please consider the Risk involved in equity markets. We do not take any responsibility for your profit or loss.
IRFC - ATH breakout with huge volume - SwingThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis
All time high Breakout in RVNLPrevious Chart pattern analysis also given in the chart. Which shows, patten achieved all its previous target(46).
Currently Stock made fresh breakout, that also its all time high breakout with good volume.
Stock has a potential to reach 60 level.
40-44 Level is good for re-entry.
Stock shouldn't close below 40.
38 will the SL
This is just a view, not a recommendation to trade. Do your own analysis before taking any trade.
NSE:RVNL
BHARTI AIRTEL - Life Time High Breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
SBIN - Breakout of ATH level - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
All time high breakout in Astramicro Updated View
All time high as wells channel breakout in Astra Microwave Pr in daily chart frame.
Stock broke its important Supply zone with good volume and candle.
For the upside movement stock has to close above 313 Level with good candle & Volume.
There is high chance for a retest , if it is coming for retest then 290 level should be strong support and good chance for re-enter.
Stock has a potential to reach 380-400 level, 268 will SL.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:ASTRAMICRO
15 years Channel breakout in Ruby Mills15 years Channel breakout in Ruby Mills.
Stock has a potential to reach 900 range in coming weeks.
For the further upside movement stock has to close above 587 range in a weekly chart.
Now, 500 range should act as support. 425 will be the ideal SL.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:RUBYMILLS
Multi-year channel breakout in Nava LTDMulti-year channel breakout in Nava LTD.
In weekly chart we can see a clear breakout in Nava ltd.
231 range was the all time High. Recently that level brokered therefore it should turn as immediate support range.
Stock has a potential to reach 400 level in coming days. For that it has to sustain above 250 price level in weekly chart.
195 will the SL.
This is just a view not a recommendation to trade. Do your own analysis before taking any trade.
Share your opinion in the comment section.
NSE:NAVA
Channel pattern breakout in Devyani ?Possible Channel pattern breakout in Devyani.
Stock is at important Supply zone, today we can see a breakout candle which is also supported by decent Volume.
Stock has a potential to reach 250 range
(Channel Breakout pattern)
Stock has to close above 200 (Psychological price level) as well as today's High. If the follow up of candle close above these level, then we can see bullish rally in the coming days.
Stock has made its all time high Today.
187 will the SL for Risk averse and 170 for Risk takers.
Overall analysis is given in the chart
This is just a view, not recommendation to trade. Do your own analysis before taking any trade.
Share your opinion in the comment section.
NSE:DEVYANI
Weekly cup and handle breakout in West coastStock is having potential to reach 700 range, as we can see cup and handle breakout with good candle & volume.
For that stock has to sustain above 400 range in this weekly. as we are analysis weekly chart.
At present we can see 52 week high and its all time high 414 level is broken.
420 range is the best for 1st re entry price, next 400-405 Range for averaging.
Stop Loss for averse trader will be 350 Range, and for risk taker 280.
This is just a view, not a recommendation to trade. Do your own analysis before taking any trade.
NSE:WSTCSTPAPR