Affle Broke out of consolidation!Affle broke out of a long consolidation.
-Good pattern
-Good Volume
Looks good from CMP, or wait for a retest of breakout level.
CMP: 1469
Basebreakout
Indamedco watch for a base breakout.
Watch for a breakout of the base. It looks good for building positions.
Risk is 20%+ tweak the SL as per your risk appetite.
Position size properly since the SL is very deep.
Penindia about to break out of base. Watch the levels marked in the chart.
Risk is close to 11%
CMP: 212
This is not a buy/Sell recommendation. Please do your research before trading.
Sarlapoly looks good at CMP. -Broke out of a base
-Volumes picking up.
Add at CMP and wait for a retest. Further addition or fresh entry is possible again if it breaks out from 120 level.
Watch the Price action at that level.
This is not a buy/sell reco. Please do your due diligence.
Guficbio looks good for a swing.
Good for a swing trade. Levels are mentioned in the chart.
This is not a buy/Sell recommendation. Please do your due diligence before attempting a trade.
Polizybazar broke out of a consolidation. Looks good positionall It just broke out of consolidation. Looks good positionally. If 1968 is broken then can add further or look for fresh entry.
The market is yet to give a clear indication of a reversal. So please trade carefully. The chart shared is only for educational purposes.
Risk: 12.4%
Reward: 24.6%
RR: 1:2
Prajindustries All set for a breakout?
✅Bullish Engulfing from support levels.
✅Good Volume
✅Dry volume when pulling back.
✅Trading above Key DMAs.
❗️Positional SL is very deep(20%)- Adjust SL as per your appetite and position sizing technique.
Position sizing is very important if you are building positions.
Aggressive trader's SL after the breakout is 761 closing basis.
The view is personal. Please do your due diligence before trading. This is not a buy-sell recommendation.
We missed the ideal entry when the stock broke out of the trendline area ( 718-19 range)
-Market Cap₹ 14,798 Cr.
-Current Price₹ 803
-Stock P/E 53.2
-ROCE29.3 %
-ROE23.3 %
Vijaya Diagnostics looks good Positionally. #tradeideas #Vijayadiagnostics. Medium/Long-term idea.
🟢Trying to Breakout From base.
🟢HH-HL structure intact.
🟢Good RSI.
🟢Good quarterly results.
🟢Trading above 50 DMA.
🟢Pharma/Diagnostics/Healthcare sector shows
promise.
🔴Volume needs a bit more improvement.
🔴Weak Market and chances of fakeout.
Please do not forget to:
-Manage Risk /Position Size.
-Respect SL
▶️Market Cap₹ ---10,521 Cr.
▶️Current Price---₹ 1,025
▶️Stock P/E---78.5
▶️ROCE---19.5 %
▶️ROE---17.8 %
Artemismed broke out of base. Long opportunity...
- Good volume
-Trading above key DMAs.
-Group movement in the pharma and healthcare sector.
Safe traders:
Wait for a retest or add 30-50% now and add the rest after the retest. SL 265 closing basis. Deep SL. So position sizing and risk management are imperative.
Risk per trade is Around 18%
RR: 1:1.2
Aggressive traders:
Can try going long above today's high ( 324.5) with SL below today's breakout candle closing basis.
Risk : 11.2%
RR: 1: 2
This is just a view about how to approach this breakout. Breakouts can fail easily in this market. So please consult your financial advisor before investing.
Hold for medium term if you know how to manage the risk. Short-term plays in this market are tricky in my opinion.
Motison Aiming for a base breakout!#Tradeideas #motison- After the split the stock is setting up and trying to break out of base. Watch the PA closely. Safe traders wait for a close above 34.
-SL is deep around 15%. So position size accordingly.
- Not a time for big bets yet.
- Do your due diligence and protect your capital, please do not be complacent.
Trade Safe!
Market Cap---₹ 3,244 Cr.
Current Price--₹ 33.0
Stock P/E---85.6
ROCE---16.6 %
ROE---13.9 %
Face Value---₹ 1.00
Hind Zinc finally settling down?#Tradidea #Hindzinc.
After a big stage 2 up trend which gave close to 100%, stock pulled back and forming a base. Watch out for a base breakout. RR is good in this counter.
No entry now . The latest price action doesn't look pretty. Add this to your watchlist and wait for the opportunity. Will update the SL once the trade is triggered.
BREAKOUT IN JINDAL SHOW 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -JINDAL SHOW-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
BREAKOUT IN SELAN 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -SELAN-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
BLOCKBUSTER IPO AT ITS SUPPORT LEVELTata came back to IPO market with an this company in 2023 in almost 2 decades. Issued at price of Rs. 500, listed at 1200 but finally it has cooled and can be added from investment perspective for long term. NSE:TATATECH around 1000 with breakout possible in few weeks looks exciting with very small stop loss of 5%.
Diagnostic stock reversing now!India's largest diagnostic chain saw institutional interest in April-May and now NSE:LALPATHLAB is ready for a base breakout with inverted H&S on weekly charts.
Publishing my 50th idea on this platform. NSE:APOLLOTYRE broke out of falling trendline resistance yesterday and re-tested today. Expecting some good moves here for July expiry. Seems like it will not take much to break above the base for a double bottom breakout 520+ level. It should have closed in green today but it did not so may take some time as well before the big breakout.
EMUDHRA - BASE ON BASE FORMATION WITH BREAKOUTHi All,
This idea is about EMUDHRA
Fundamentals
Market Cap - 7438 Cr
Stock PE - 98.7
ROE - 14.4%
ROCE - 17.7%
Promoter Buying - 54.4
Quick Ratio - 5.71
D/E - 0.01
Emudhra is a licensed certifying authority involved in issuing digital signature certificates in India under its eMudhra brand. The company is licensed by the Controller of Certifying Authorities (CCA), Ministry of Information Technology, and operates under the guidelines set by the Information technology Act
Technicals
After forming 2 bases, the price action is poised for stage 3 advance before forming next base. All the stages are shown in chart for clarification
Hope you'll enjoy this idea,
Happy Trading,
Thanks,
Stock-n-Shine
THE NEW INDIA ASSURANCEThe setup is low risk high reward.
A nice base formation refusing to fall 5 times.
Stage 2 Stock
New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake
Presently, the company operates through a network of 2,200+ offices across 29 states and 7 UTs in India
Presently, the company is a market leader in health, motor, liability, fire and marine line of insurance business.
It has ~14% market share in general insurance industry in India.
The company has operations in 28 countries. It has branches and agency offices in Abu Dhabi, Australia, Bahrain, Dubai, Fiji, Hong Kong, New Zealand, Mauritius, Japan, UK, Thailand, and others.
The company is strategically important to Govt. of India because of its dominant market position and because it is the flagship Indian general insurer in the international markets, with a desk at the prestigious Lloyd's syndicate in London. It can help the govt. to materially enhance insurance penetration in the country over the long term.
BATAINDIA Breakout of Darvas boxNSE:BATAINDIA 1W TIME FRAME
1. Trading at a support line at ₹1358.00. The stock is experiencing accumulating buying interest and is expected to bounce back up. The stock price is currently resting on this support level.
2. Darvas Box: A rectangle on the chart created by drawing horizontal lines at the highs and lows of a trading range. The idea is that the stock price will eventually break out of the box in either direction.
3. In May 2021, the stock initiated an upward move from 1350 to 2000, then retraced back to support. Starting from where the last journey began in March 2023, the stock once again saw an upward trajectory. It later retraced back to support. Now, mirroring previous patterns, it's establishing a base. In April 2024, sellers attempted to push the price down, but they were unsuccessful. This failure indicates high accumulation or buying interest, suggesting a potential upswing. If the stock consolidates near resistance and forms a base, we may anticipate further upward movement.
It is important to conduct your own research before investing in any stock.
Few Examples of Darvas Box For better understanding
Darvas Box Bigger the bigger the potential of upswing
Ex 1 .
Ex 2 .
Ex 3 .
These are examples for better understanding about the Darwas box.
IOC NEAR CONSOLIDATION BREAK OUT IOC
Rally - Base - Rally price action
1.First Rally, then forming Base (Consolidation) & then again expected Rally after break out of the line of least resistance.
2. Close above previous day High(172.6)
3. Close above last week High(173.7)
4. High increase in 1 month (+5.4%)
5. High increase in 3 month (+20.5%)
6. High increase in 6 month (+103.4%)
7. High increase in 12 month (+117.1%)
8. Promoter holding 51.51%
9. Pledged percentage 0.00 %
10. Change in Prom Hold 0.00%
11. FII holding 8.49 %
12. Chg in FII Hold -0.35 %
13. DII holding 10.2 %
14. Chg in DII Hold 0.33 %
15. Stock PE 5.33
16. Industry PE 7.89
17. ROCE 8.09 %
18. ROE 7.17 %
For Educational Purpose Only
Bolo Apollo Micro ki Jai ! Apollo Micro Systems, a 40-year-old Hyderabad-based company led by B. Karunakar Reddy, has grown into a major player in India's defence and space sector. This publicly traded firm, with 350 employees including 150 engineers, prioritizes R&D and homegrown technologies, serving Defence and Space departments. To capitalize on the rising demand for indigenous defence solutions, they focus on air, land, and sea defence electronics, with a focus on surveillance tech. Their commitment is further emphasized by a 5-acre expansion in Telangana, featuring a 3,50,000 sq. ft. facility for missile and subsystem manufacturing, weapon maintenance, and UAS/UGS production.
This Rs 210 Crore investment, adhering to international standards, is expected to generate 400 jobs. The recent inauguration by Telangana's Minister highlights their contribution and reinforces the state's position as an aerospace and defence hub. With continued government support, Apollo Micro Systems is poised for a bright future in driving defence innovation in India.
According to Quarterly Results, the net sales increased by 10.9 per cent to Rs 91.34 crore, profit before tax (PBT) increased by 57.3 per cent to Rs 14.37 crore and profit after tax (PAT) increased by 50.9 per cent to Rs 9.96 crore in Q3FY24 compared to Q3FY23 while in its nine-month results, the net sales increased by 23.87 per cent to Rs 235.20 crore, profit before tax (PBT) increased by 47.1 per cent to Rs 25.93 crore and profit after tax (PAT) increased by 57.7 per cent to Rs 18.18 crore in 9MFY24 compared to 9MFY23.
IRB Infrastructure could rally soonIRB Infrastructure has been consolidating on weekly timeframe for a very long time and has created a good BASE for upcoming rally, it is also near its All Time High Prices absorbing the SUPPLY, as well as we can clearly see the 50 Daily EMA + 200 Daily EMA following the price and Volume Dryups for Red Days and on Green days significant VOLUME activity and we also have NEWS catalyst like Quarter Profits rise and Record high Block Deals for the company, so we could soon see a Rally one we pick up on VOLUMES above All Time High
