Breaking out candidate with volumeNeeds to track today's closing and sector is seeing huge investment
Breakingout
Federal-Mogul Goetze getting ready for a breakout FMGOETZE is forming an interesting pattern, this scrip has been trading around 375-350 for a log time now, looks like good accumulation has taken place in this area of interest. The scrip has also entered in a VCP structure with a good shakeout candle, looks like the scrip is all set for a 15-20% move from here on.
Stoploss 345
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
KEI SWING TRADEKEI SWING TRADE
Long in KEI at 1445
Breaking out of a consolidation with good volumes
SL 1375 DCB
TGT 1600
#interglobeaviation #indigo inverted weekly HNS breakoutThe stocks seem to be breaking out of an inverted head and shoulder pattern on weekly.
Daily may be breaking out a flag pattern after earlier consolidation.
The volumes are above moving average.The trend indicator is in dmi positive bull zones
on all timeframes and trend strength is seen rising on all timeframes.
Momentum also is bullish on all timeframes. With a stop loss below neckline of the pattern
This swing /positional trade could further move reasonably good risk reward if pattern works out.
#NAMINDIA #NIPPONLIFEINDIA Breakout from previous resistanceNipponLife India asset management stock is breaking out from a previous resistance zone.
It is trending in a channel with good momentum and ADX trend strength rising high.
Volumes are decent above simple moving average.
Stop loss should be neckline of breakout below entry candle low and entry above high of alert candle.
Multiyear Breakout.Stock is trading in high volume which gives us surety that liquidity is high in this stock
#educational #learn&apply #watchlist
TATAPOWER bullish moveTATAPOWER already broke the tighter resistance line and we see some consolidation too. it also breaking the overall resistance.
stock will move bullish from here.
with target around 114.5.
Bajaj Auto- Long Term Breakout(Investment Option)Bajaj Auto is one of the renowned names in 2 wheelers segment.
If we look at this chart which is weekly it is showing that it has been in a consolidating phase since last Oct 2017 which is more than 3 years of consolidation. Now it is trying to go out from the consolidation zone. It has tested its resistance already for 4-5 times.
Even in Monthly chart signs of consolidation and breaking out is visible.
Monthly Chart:-
Rectangle marked near resistance is showing that stock is now sticking to higher levels.
look at daily chart as well.
Anything unusual?
I will say yes because price is now not even able to come down 200 ema and sticking at higher levels.
Finally the Target part. Target of the consolidation breakout is usually the difference of the consolidation.
Don't forget to check the volumes which is being generated even at higher levels. What was the last time when we saw these kind of unusual volumes? (I have marked already).
Keep an folks. Happy Trading and Cheers.
Breakout could see good upsideTrendline breakout
Could c a target of 3800 if market supports
Have started OUTPERFORMING from nifty(relative strength)
Maruti Gearing up It has been observed that the price action breaking above the nearest resistance of 5400 level. Once the price action closes above 5400 on daily chart then the price action may further excel and reach towards 5800-6000 levels.
T1- 5750
T2- 5900
SL- 5200
Note a close above 5400 is required to confirm further excel in the price action.
Lupin Breaking out Crucial Support Levels (Sell)The price action on hourly chart seems to be breaking out from a crucial support 1540. If it confirms then we might see downward rally to 1450 levels.
