Breakout!
Nazara-Have your Nazar on it ;)Nazara is a company which develops gaming software.
Stock has given good volume breakout from a strong resistance zone.
Immediate resistance is 1000 above which stock will fly.
As i said, keep this stock in your nazar(watchlist)
Risky traders can enter as per my levels for better risk reward.
Do follow me if you like my analysis!
PB Fintech at ATHNSE:POLICYBZR has crossed its listing price and has entered a new All Time High zone. Stocks that do this normally start their new journey from these levels. It went through a long correction that came in because of the over-valuation but the company has walked the talk and has delivered on fundamentals. This hence, looks like a structural move in the chart as well and I do expect a good follow-up going ahead. Stop Loss at 1450 should act well here. Go Long.
Pearl Global: Riding the Textile TailwindsNSE:PGIL is a solid pick at these levels in my opinion. Fundamentally we are seeing the story turn around for the textile sector and hence textile companies are on radar for me.
Pearl Global has also come out of a solid consolidation and can be looked at with Stop Loss at 680-715. I feel this can be a great performer in the coming days as we continue to see tailwinds in this sector.
I will not be surprised if it doubles from the breakout levels in 6-8 months.
SAIL - Long Term Buying OpportunitySAIL Long Term chart looks interesting.
Breaking out of a long term channel supported by momentum, supported by relative strength and supported by volumes.
Likely to move towards 2008 highs which presents a good upside opportunity from here.
Watching closely.
PS: Now I don't quite understand Elliot wave in detail, but try and lookout for whatever could to be 3rd wave breakouts. Even if I catch a few right, the momentum makes it worthwhile
LIC Housing Finance (LICHSGFIN) ATH BREAKOUT.Entry Range: Current price level
Targets:
Target 1: ₹961
Target 2: ₹1290
Stop Loss: ₹729
Trade Rationale:
ATH Breakout : The stock has broken out from its all-time high, indicating strong bullish momentum.
Technical Indicators : Volume
Support Levels : The stock has strong support around ₹729, making it a reasonable stop loss level.
Risk Management : Please make sure position sizing is appropriate to manage risk and follow the stop loss to protect capital.
Make sure add "LGBFORGE" in your Watch list.Because , in "LGBFORGE" previous month Volume and Price movement is solid . Most probability its consolidation face is over in future week and months.. lets see Next Qtr results , if Qtr result will good so high probabilities for take entry in bullish Stock.
Educational purposes only.
Will NIFTY consolidate or will show a strong SELL OFF ?Nifty has touched the upper trendline, previously whenever Nifty has touches the upper trendline it has give a correction or a sideways movement and slow downward movement.
23800 looks like a strong support zone also a breakout point for the Flag pattern. It can touch it and have a strong retest at that level and start its journey towards 24800 levels !!
Texmaco Rail and Engineering - Breakout Setup, Move is ON...#TEXRAIL trading above Resistance of 241
Next Resistance is at 383
Support is at 154
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.
MIC Electronics Ltd - Breakout Setup, Move is ON...#MICEL trading above Resistance of 82
Next Resistance is at 110
Support is at 55
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.
OFSS - Breakout Setup, Move is ON...#OFSS trading above Resistance of 9759
Next Resistance is at 12911
Support is at 6606
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.
BBTC - Breakout Setup, Move is ON...#BBTC trading above Resistance of 1776
Next Resistance is at 3091
Support is at 1461
Here is previous chart:
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.
Pnb Gilts Limited - Breakout Setup, Move is ON...#PNBGILTS trading above Resistance of 136
Next Resistance is at 180
Support is at 92
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.
Texmaco Rail and Engineering - Long Setup, Move is ON...#TEXRAIL trading above Resistance of 154
Next Resistance is at 241
Support is at 123
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.
Kalyan Jewellers India Ltd - Breakout Setup, Move is ON...#KALYANKJIL trading above Resistance of 463
Next Resistance is at 731
Support is at 341
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.
Kddl Limited - Breakout Setup, Move is ON...#KDDL trading above Resistance of 3064
Next Resistance is at 4196
Support is at 2157
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.
Gulf Oil Lubricants India Limited - Breakout Setup, Move is ON..#GULFOILLUB trading above Resistance of 1100
Next Resistance is at 1546
Support is at 925
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.