CYBERTECH - Breakout with a good upside potentialHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Rectangular box Pattern in Daily TF.
* From Jan 2024 to Aug 2024 its in range.
* From Jan 2024 to Aug 2024 Tested & Moving Resistance Many times.
* It's Near resistance Zone and trying to Sustain above Resistance Zone with good volume.
* Volume Accumulation (Volume is rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Breakout!
Castrol India LtdCastrol India Limited have given a break out of third wave in the longer time frame since it's listing Wave 3 will end on December 2029 we might C Castrol India around 1200 to 1300 at that time detail analysis with proper timing and levels along with RSI has been provided in the chart
Angleone is destined to stage a comeback!Technical Analysis (Weekly Timeframe)
● The stock had previously consolidated and established a Rounding Bottom pattern.
● Following the breakout, the price surged, hitting an impressive all-time high of 3,880.
● However, it then began to decline, ultimately dropping to the support level around 2,000.
● A robust rebound from this support, accompanied by significant volume, indicates that the stock is poised for another upward movement.
● The potential targets to watch for are:
➖ 1st Target - 3,400 level
➖ 2nd Target - 3,880 level.
Technical Analysis (Daily Timeframe)
● The daily chart reveals that following the breakout from the Falling Wedge pattern, the price is currently in a consolidation phase, poised for a significant upward movement.
● The trading volume has surged notably in recent days, signalling that big market participants are showing keen interest.
Technical Indicators (Daily Timeframe)
RSI
● Current RSI of this stock is 61.37, which indicates the strength of buyers.
MACD
● MACD line has crossed over the signal line from the below, indicates a robust bullish momentum is in play.
ADX & DI
● ADX value surpassing 20 with +DI positioned above the -DI, indicates the strength of the trend.
LTIM - SYMMETRICAL TRIANGLE BREAKOUT🔊 LTIM - LTIMINDTREE LTD.
⌛Duration - Long Term (8 month to 15 month)
📊📈 Trade Logic - Symmetrical triangle breakout
CMP - 6127
Time Frame - Weekly
🎯Target 1 : 6500
🎯Target 2 : 7580
🎯Target 3 : 8600
🎯Target 4 : 9200
🎯Target 5 : 10000
🛑 Stop : 5500
🏆 Risk/Reward Ratio (1:6)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
MAJOR TRENDLINE BREAKOUT IN WIPRO ABOVE 530Wipro is giving a major trendline breakout at the level of 530. It is a signal of long in wipro. We can buy this stock at the current level@535 with aSL of 495 on closing basis. Target will be 590 & 640 respectively in a very short term. More upside potential possible up to the level of 700.
ELECTRONICS MART INDIA LONG CONSOLIDATION BREAKOUT POSSIBLEEMIL shown tremendous strength from IPO LISTING TO 250 LEVELS.
THIS RETAIL GIANT IS AGAIN READY FOR BIG TARGETS
Recently promoter sold stake & SBI Mutual
Fund bought maximum of stake sold by them.
It is in Long consolidation with tight base formation heading towards new highs.
NAHARCAP - Ready for Stage 2 Breakout🔊 NAHARCAP - READY FOR STAGE 2 BREAKOUT
NAHARCAP - NAHAR CAP & FIN.
⌛Duration - Long Term (8 month to 15 month)
📊📈 Trade Logic - Stage 2 breakout
CMP - 335.75
Time Frame - Weekly
🎯Target 1 : 410
🎯Target 2 : 455
🎯Target 3 : 520
🎯Target 4 : 590
🎯Target 5 : 690
🛑 Stop : 270
🏆 Risk/Reward Ratio (1: 5.4)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
TATA TECHNOLOGIES LTD FALLING WEDGE BREAKOUTTata Technologies Limited
It has shown Termendous breakout with
3 weekly higher high closing candles which will lead to two big green candles in short term-
for a target of 1400.
Then it will consolidate before starting next leg of run-
For target second that is of 1830.
Is KPI Green's Flag Unlocking the Potential for a Remarkable 82%NSE:KPIGREEN
📈 Unleashing Potential: KPI Green's Technical Breakout Opportunity 🚀
The breakout of KPI Green, from a flag pattern is supported by trading volumes. There is evidence of institutional accumulation on specific dates; May 16th & 17th June 12th & 14th and June 20th to July 11th.
The rounding bottom pattern that is forming adds to the outlook. There might be a resistance zone around 980. As long as support remains above 885 the flag patterns strength will continue.
If KPI Green consolidates around the 980 level there could be a breakout that presents a trading opportunity.
In addition to indicators it's worth noting that KPI Green has fundamentals. For those interested, in ratios and data further information can be found in the comments section.
(Disclaimer: Information provided for educational purposes only. Not financial advice. Trading involves risk. Consult a professional before making decisions.)
D-Link - Textbook Symmetrical Triangle pattern NSE:DLINKINDIA
D-Link has formed a textbook Symmetrical pattern that has worked out so far
Although it is a bullish pattern one should wait for breakout confirmation to enter.
Those who want to minimize the risk should wait for retest and may enter after confirmation.
The breakout must also be validated by the volumes or else it'd be just another Fakeout.
According to Fibonacci Extensions after breakout 168.70 is immediate resistance might consolidate there for a while
On the downside 144.15 / 136.60 / 129 / 119.65 are support levels
Company also has decent fundamentals
It's long call so one can keep stop loss according to their risk appetite.
BHAGERIA Mega Breakout AheadHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Ascending Triangle Pattern in Daily TF.
* From Sep 2022 to Aug 2024 Tested & Moving Near Resistance Many times.
* It's Near resistance Zone and trying to Sustain above Resistance Zone with good volume.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
QUESS Triangle Breakout 1WQuess Corp is trying to breakout from Symmetrical Triangle pattern on 1W timeframe. Volumes are currently high. Enter after bullish closing confirmation. Please follow your stop loss and target rules. It has also shown more than 100% yoy EPS growth for past 2 quarters and is currently trading at P/E of 35.
PRAKASH INDUSTRIES -A BREAKOUT : WILL IT SUSTAIN OR FIZZLE OUT ?Prakash Industries Ltd. is an interesting chart with following
1. Price Breakout from last 10 month's Consolidation
2. RSI on all time frames above 60
3. Narrowing Bollinger Bands with price walking on upper Bollinger Band
4. Price Rise with huge Volume bars
5. Major Support near 170- 192 zone
A stock to keep on Radar ; A breakout will it Sustain or fizzle out
CAUTION : RSI Negative Divergence visible on charts
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.