Zomato finally turned around with double rounding bottom pattern1. Reversal pattern breakout
2. 14 months consolidation before breakout
3. 1: 7+ RR Trade set up
Brakout
False breakdown set up1. Weak hands removed with false break down
2. Fresh breakout
3.1:10+ RR trade
4. Trend is bullish in all time frame
Dalmiasug - ShortTerm analysisPossible Trades
- Enter at ltp and look for target of 604+
- Technically the stocks looks good
- Will hit the target in 5 to 10 sessions
Thanks
- Stock Explorers
Breakout in JKTYREJKTYRE has broken neckline of double bottom pattern which was formed after downtrend. Swing traders may look to enter in this stock if it retraces back to it's neckline.
Bankniftymy target for bank nifty is all time high. there is channel resistance in between but i think it will break.
PRAJ INDUSTRIES - Breakout after 7 months of consolidationFundamentally strong company.. have given a breakout after 7 months of consolidation. Chart looks pretty bullish.. Good to go
MTARTECH breakout with good volumeLearning is Earning
1. Channel breakout on the chart
2. Support of 21 MA
3. If price take support at rising MA before breaking the resistance the probability of breakout is high
ESCORTS long ESCORTS long after few days consolidation ................................................
Cup and handle pattern in bajaj auto bajaj auto is making symmetrical triangle pattern after making cup ,
it will give huge profit if it breakouts with good volume
TANLA PLATFORMS at key SupportAs per Game of 21 Tanla is at key support and likely to take support at 21 SMA.
Condition :
1) Rising 21 Ma on W chart
2) Trend positive
3) Sector in trend(Midcap IT)
Only for study @DailyNifty
MAHINDRA LOGISTICS : MULTI-YEAR BREAKOUT NSE:MAHLOG
Mahindra Logistics Ltd. engages in the development and implementation of customized, technology-enabled logistics solutions. It operates through following segments: Supply Chain Management and People Logistics Solutions. The Supply Chain Management segment comprises of goods transportation service, including warehouse management service. The People Logistics Solutions segment focuses on people transportation service. The company was founded in 2000 and is headquartered in Mumbai, India.
BREAKOUT LEVEL :
575-585
MULTI-YEARLY ON WEEKLY TIMEFRAMES
LOTUSEYE : Breakout after 11+ YearsFor Education purpose only
LOTUSEYE :
11 + year breakout
Cup & Handle on weekly basis
Good between 40-48
may reach 70 or more
SL- 33
Long Holding
Dtd 14th May 2021: TheCharts
MULTI-YEAR BREAKOUT- NHPC LTDHI ALL
There is a multi year breakout on
NHPC LTD on Monthly timeframe.
NHPC involves in business of electrical equipment's.
Levels of Breakout:
29.40 & 29.50
Targets: 35
Breakout opportunity in Wipro if t picks up then go for swing opportunity with the target 465 or if it breaks the resistance zone then there is a breakout opportunity.
*only for educational purpose
Lupin - Double Bottom and Range BreakoutAfter forming a Double bottom around 727 levels, Lupin NSE:LUPIN appears to have crossed the crucial resistance around 848 levels with a large Bullish candle.
With Pharma Index going strong, further upside in this stock can be expected.
Good opportunity to go long here with a small stop loss for a target around 950 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
