Medplus-A beautiful W in the making!Medplus has been in a downtrend since couple of years.
Stock is showing strong reversal after a base formation.
Stock has potential to test ATH and also make new highs.
Keep in watchlist. Not a recommendation.
Baseformation
SBICARD - WILL IT RETEST ITS BREAKOUT OR NOT ?SBI Cards And Payment Services Ltd. an interesting chart with Harmonic Pattern under progress
1. Narrowing Bollinger Bands on Weekly chart and price started moving on upper band last week
2. Break out from base formation after 8-9 month's consolidation within 680 - 750 levels.
3. Daily and Weekly RSI above 60
4. Next minor resistance between 830-870 zones
A chart to keen on radar and to watch
Will it RETEST its breakout levels or
Will it complete its pattern journey without any RETEST
Lets see How it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Mukand Ltd (Weekly Chart) : Breakout Candidate#BreakoutCandidate #breakoutsoon #mukandltd #stocksinfocus #stocktotrade #stocktobuy
#Mukandltd : Weekly Chart
>> VCP formation on the Verge of Breakout
>> Good Trending setup on Weekly TF
>> Consolidation Range Breakout + Base Formation + Ready for Another Breakout
>> Good Strength in Stock & Good Volume Buildup
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Disc : Charts/Stocks Mentioned r 4 Learning Purpose & not 4 Trade
Base formation is seen in Ideaforge.Reversal trade for educational purposes
Ideaforge has been in a downtrend since its listing. However, stock has formed a short term base.
780-840 is a good accumulation zone. Breakout above 840 might be a sign for reversal.
RSI positive divergence is clearlyseen in the stock
Targets can 960, 1000, 1050+ with SL below 780 DCB.
However, there is no guarantee regarding long term reversal hence traders should trail their SL to reduce loss.
Stock to watchStock was in correction but it has started forming base( for clear view watch weekly time frame) and also as can see volume activities have increase from six five days looks like accumulation is happening. All of this thing is indicating that big move is about to come. I think this stock is good few months. If the support is broken than can move farther down side. This is for education only
Dhampur sugar - daily cmp 245Rectangle consolidation
Buy above a weekly closing of 250 for targets 275-285-305
SL would be a closing below 240
FINOPB base formation on weeklyit has formed 4 weekly narrow candles. likely a base formation.
checkout recent chart of NEULAND. it also has 6 narrow weekly candles before breaking out and rallying of 100%.
IS IEX READY FOR SUMMER RIDE??Trade Wisely. We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
KPIT TECHNOLOGIES CONSOLIDATION BREAKOUT COMMING AFTER FALLkpit technologies after correction in entire it sector is ready for another up move. it is bouncing between its 200 and 100 day moving average , which means a big move is about to come . it is also forming a small symmetrical triangle formation whose breakout is about to happen. if you see then the candles at the bottom or during this base formation have been very small , which means after correction there is some halt in selling and probability is that the buyers may come into picture now. so this stock looks extremely bullish also because of broad based it sector rally , and by the way this stock is fundamentally very good because of electric vehicle sector.
Large Base Breakout in Reliance PowerLevels are the projection of the rising trend.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
AVT NATURALSeducational idea avt naturals has given the breakout and we expect the stock May go for given target levels to inspire us,Please like the idea If you agree with the analysis
DOLLAR INDUSTRIESeducational
Dollar industries may be ready for breakout if breakout happens with good volume and we expect the stock May go for given target levels . to inspire us,Please like the idea If you agree with the analysis.
Base formation after a Down trendKotak formed a base after a downtrend and gave breakout
Reversal expected from here
LTTS - 3 MONTHS CONSOIDATION STOCK IS AT ALL TIME HIGH AND TESTING THE LEVEL FOR 2ND TIME IN 3 MONTHS FORMING A DOUBLE TOP . GRAB THIS GOOD 0PPOURTINITY. HAPPY TRADING 🚀🚀📈📉📊
JKTYRE - 6 MONTHS of CONSOLIDATIONJKTYRE is consolidating from 6 months and now its time for breakout which may be similar to breakout 6 months ago. Keep an eye on the stock and wait for gap-up opening. HAPPY TRADING😊
