#SRF - Potential STAGE 1 Break Out (Multi Year Consolidation)📊 Script: SRF
Key highlights: 💡⚡
📈 STAGE 1 - Accumulation formation in Weekly chart.
📈 Price gave a good up move, then went Side Ways
📈 Multi year Price consolidation
📈 Multiple Inside Bars formed in Daily chart
📈 Enter on BO when spike in Volume is seen
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 2700 DCB
⏱️ C.M.P 📑💰- 2583
🟢 Target 🎯🏆 – NA%
⚠️ Stoploss ☠️🚫 – NA%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Breakout!
#LAURUSLABS - Potential Stage 1 Breakout 📊 Script: LAURUSLABS
Key highlights: 💡⚡
📈 C&H formation in weekly chart.
📈 Price gave a good up move
📈 Went Side Ways, wait for more consolidation near Resistance
📈 Volume spike must be seen on BO
📈 MACD Bounce
📈 One can go for Swing Trade.
BUY ONLY ABOVE NA DCB
⏱️ C.M.P 📑💰- 602
🟢 Target 🎯🏆 – NA%
⚠️ Stoploss ☠️🚫 – NA%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
Apollo Micro-Do not miss this Volume breakout!Apollo Microsystems has given a breakout of consolidation with a strong weekly closing, almost forming a bullish marubozu candle
Stock will look good only when it retest level of 110 and bounces.
Levels mentioned on chart. I will not buy at CMP.
Stock has potential to fly at least towards 200 according to fib extension.
It is too good of breakout to miss. I have hardly seen such a bullish weekly candle recently when Nifty has been slight bearish.
RGL Global Ltd. Base Breakout!Analysis of Renaissance Global Ltd (RGL)
Technical Overview:
Base Breakout: Immediate resistance at ₹217.62.
Safe Traders: Wait for the ₹217–₹218 level to break with high volume and a strong Wide Range Candle (WRC) for confirmation.
Entry Level: ₹205.77.
Stop Loss (SL): ₹179.27 (12.88%).
Target 1 (T1): ₹251.60 (+22.28%).
Target 2 (T2): ₹297.10 (+44.45%).
Risk-Reward (R:R): 1:1.73 for T1, 1:3.45 for T2.
Technical Highlights:
Volume: Significant increase, indicating accumulation.
RSI: Gaining strength, showing bullish momentum.
Fundamental Overview:
Market Cap: ₹1939 crore.
P/E Ratio: 26.2 (compare with sector P/E for evaluation).
ROCE: 8.25%, reflecting mediocre efficiency.
Fundamentals aren't highly attractive but technicals suggest good potential.
Key Risks:
Sector Comparison: Evaluate P/E and ROCE against industry peers.
Breakout Strength: Ensure price sustains above ₹217–₹218 with robust volume for safer entry.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Trade based on your risk tolerance.
INDUSTOWER - Support line and Bullish EngulfingThe 324 level, which previously acted as a strong resistance since 2019, is now serving as a solid support, as indicated by the price holding above the orange trendline.
On the daily timeframe, the price has successfully broken out of the triangle pattern. Additionally, the previous week's bullish engulfing candle on the weekly timeframe further supports the bullish bias.
This setup presents a favorable swing trade opportunity, with a target of ₹500 and a stop-loss placed below ₹310 on a weekly closing basis.
#APOLLO - Box Break Out in Daily chart📊 Script: APOLLO
Key highlights: 💡⚡
📈 Box Break Out in Daily chart.
📈 Price gave a good up move
📈 Went into a Side Ways consolidation for over a year
📈 Volume spike seen on BO
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 151 DCB
⏱️ C.M.P 📑💰- 150
🟢 Target 🎯🏆 – 64%
⚠️ Stoploss ☠️🚫 – 16%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
Stocks in Focus: Biocon, Bharat Dynamics & Apollo Micro Systems1. Biocon NSE:BIOCON
● The stock reached a peak of ₹483 in December 2020, then experienced a downturn, entered a prolonged consolidation phase.
● This phase led to the formation of an Inverted Head & Shoulder pattern.
● Following a recent breakout, the stock is now poised for upward movement.
2. Bharat Dynamics NSE:BDL
● After hitting an all-time high around ₹1,795, the stock saw a decline of nearly 50% and eventually found support at ₹890.
● From this point, the price rebounded and recently surpassed its trendline resistance, setting the stage for substantial future gains.
3. Apollo Micro Systems NSE:APOLLO
● The stock underwent significant consolidation after marking an all-time high near ₹161.
● With a fresh breakout, the price is now set to exceed its past high and make new highs.
Genesys Trying to breakout from ConsolidationStock: Genesys Intl Corp Ltd (GENESYS)
Entry: ₹1,055.35 (after a closing above this level for confirmation)
Stop Loss: ₹919.70 (on a closing basis)
Target: ₹1,230.85
Setup Overview:
Pattern: Trying to Breakout from a consolidation zone.
Volume: Moderate, confirming a breakout attempt, but needs more conviction.
Key Levels:
Entry after a confirmed close above ₹1,055.35 for safe traders.
Target: ₹1,230.85
Risk Considerations:
Trading against the broader trend; breakout setups in such cases have a higher failure probability.
Manage risk with appropriate position sizing.
Trade light to mitigate potential losses.
TARIL - Breakout Setup, Move is ON...#TARIL trading above Resistance of 1024
Next Resistance is at 1300
Support is at 846
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kovai Medical Center & Hospital Ltd - Breakout Setup, Move is ON#KOVAI trading above Resistance of 5727
Next Resistance is at 6757
Support is at 4807
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Madhya Bharat Agro Products Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Pearl Global Industries Limited - Breakout Setup, Move is ON...#PGIL trading above Resistance of 1595
Next Resistance is at 2352
Support is at 1095
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Goldiam International Ltd - Breakout Setup, Move is ON...#GOLDIAM trading above Resistance of 491
Next Resistance is at 728
Support is at 343
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Goldiam International Ltd - Breakout Setup, Move is ON...#GOLDIAM trading above Resistance of 395
Next Resistance is at 491
Support is at 299
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Stock Analysis: #ASHAPURMIN – A Comeback to Breakout LevelsHello, Traders! 👋
After falling nearly 60% from its previous high, #ASHAPURMIN is back at its breakout level. Here's what stands out:
📈 Technical Overview:
🔹 My ILTF indicator signaled an entry back in November amidst strong volume candles, and the stock has risen 34% since then.
🔹 Currently at a potential breakout zone, making it an interesting setup for breakout traders.
💡 My Position:
I’m not holding any position in this stock. Sharing this for learning purposes only.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Please do your own research or consult a professional before making any trading decisions.
What’s your view on #ASHAPURMIN? Could this be the next breakout trade? 🚀
#TradingView #StockAnalysis #BreakoutTrading #MomentumStocks #ASHAPURMIN
Aegis Trying to breakout of a long consolidation. Observations:
1⃣Trying to break out of consolidation/DarvasBox.
2⃣Closed Right below previous ATH/Resistance.
3⃣Huge Volume
5⃣Inverse Head &Shoulders on DTF.
6⃣Dry Volume During Consolidation/Pullback.
1⃣Action Plan:
➡️Entry Strategy: Enter on a retest of ₹969.5 in case of a gap-up opening or Enter Above 1017.25 with 50% qty and wait for a retest.
2⃣Risk Management: Place a stop loss at ₹843(Day Closing Basis).
➡️Use trailing stops to lock in profits as targets are reached.
➡️Volume Confirmation: Monitor for sustained volume above average to ensure the breakout is genuine.
➡️The confluence of the Inverse Head and Shoulders and Darvas Box breakout significantly strengthens the bullish case.
Market is very weak. So exercise extreme caution and manage the risk.