Breakout in Shilpa Medicare Limited...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!
Shakti Pumps (india) Limited - Breakout Setup, Move is ON...#SHAKTIPUMP trading above Resistance of 2593
Next Resistance is at 3019
Support is at 1904
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.
The Phoenix Mills Limited - Breakout Setup, Move is ON...#PHOENIXLTD trading above Resistance of 3131
Next Resistance is at 3567
Support is at 2769
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.
Railtel Corporation of India Ltd - Long Setup, Move is ON...#RAILTEL trading above Resistance of 360
Next Resistance is at 466
Support is at 296
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.
Indian Hume Pipe Company Limited - Breakout Setup, Move is ON...#INDIANHUME trading above Resistance of 353
Next Resistance is at 410
Support is at 287
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.
ISGEC Heavy Engineering Ltd - Long Setup, Move is ON...#ISGEC trading above Resistance of 958
Next Resistance is at 1232
Support is at 704
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.
Nava Limited - Breakout Setup, Move is ON...#NAVA trading above Resistance of 583
Next Resistance is at 673
Support is at 431
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.
Karur Vysya Bank - Long Setup, Move is ON...#KARURVYSYA trading above Resistance of 136
Next Resistance is at 209
Support is at 91.50
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.
ELIN - 1.5 Years Downtrend / Consolidation BreakoutElin Electronics Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (February, 2023). Now It has given a Consolidation breakout & Closed with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may reach it's previous Life Time High (245 - 17.50% from the price 208.32).
4) Recommendation - Strong Buy.
THANGAMAYL - 10 Months Consolidation Breakout / All Time HighThangamayil Jewellery Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (July, 2023). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may find it's next resistance around the price (2050 - 24.50% from the price 1646.10) .
4) Recommendation - Strong Buy.
PRECWIRE - 9 Months Consolidation Breakout / All Time HighPrecision Wires India Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (September, 2023). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may find it's next resistance around the price (200 - 26.45% from the price 158.16).
4) Recommendation - Strong Buy.
RKFORGE - 10 Months Consolidation Breakout / All Time HighRamkrishna Forgings Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (August, 2023). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may find it's next resistance around the price (1100 - 22.30% from the price 899.10).
4) Recommendation - Strong Buy.
INOXGREEN - 6 Months Consolidation Breakout / All Time HighInox Green Energy Services Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (January, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may find it's next resistance around the price (210 - 22.90% from the price 170.82).
4) Recommendation - Strong Buy.
PNB, Intraday View for 21-JuneFor 3 consecutive trading sessions the price is strongly rejected by the level of R1-130. Still the price is trading in the positive zone. There is no change in the structure and in levels.
For tomorrow the intraday range is 130 to 136 and 126 to 122.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
XAUUSD Important Levels BreakoutHey Family, XAUUSD is showing a great opportunity and forming Rectangular box Pattern, let's see breakout sustain or not.
what is your view please comment it down and also boost the idea this help to motivate us for sharing more idea. 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.
BTCUSD Important levelHey Family, BTCUSD is at important level and Forming a Descending triangle Pattern Let's see this Breakout/Breakdown sustain or not.
Trying To Break Resistance Trendline and if this break Resistance Trendline then we can see a good upside move with levels 67500, After 67500 hurdle we can see a good quick move, If the support break then we can see Lower level possible only after breakdown of Support zone.
what is your view please comment it down and also boost the idea this help to motivate us for sharing more idea. 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.
Ibrealest is Retesting ResistanceHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Forming Symmetrical triangle Pattern in daily TF.
* From Aug 2017 to June 2024 Tested Trendline Many times.
* It's Near resistance Zone and trying to breakout.
* Volume Accumulation (Volume is rising).
* If Stock break's resistance zone then we can see a move to 269 and if sustain above 270 then we can see a good move, let's see breakout sustain or not.
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. Don't know how we miss this amazing stock and forget to share this with you all family.
GEECEE VENTURE: All-Time High Breakout OpportunityWe are witnessing a remarkable opportunity as GEECEE VENTURE makes an all-time high breakout. The price structure leading up to this breakout is quite compelling, adding to the appeal. However, it's crucial to exercise caution to avoid getting caught up in a potential fakeout.
Here are our criteria and steps for this trade:
Confirmation Close: We need today's price to close above the all-time high (ATH).
Breakout Confirmation: We want to see today's high broken in the coming days.
Initial Entry : We plan to enter with 30% of our usual quantities when today's high is breached.
Re-entry on Re-tests: We'll consider adding more at the re-tests indicated on the charts.
Please refer to the chart for our stop-loss (SL) level, which we'll adhere to if the trade doesn't unfold as per our analysis.
Our analysis aims to be crystal clear for the audience, providing a compelling opportunity while emphasizing the need for caution. We invite traders and investors to join us in exploring this potential trade.
Please let me know if you'd like any further adjustments or additions to the content.
STEELXIND Channel & Falling Wedge BreakOutSteelxind had earlier given a channel breakout on 1D timeframe with higher volumes. It started consolidation after breakout and is now attempting to breakout from a falling wedge pattern on 1D timeframe. Go long after bullish closing confirmation. Follow stop loss rules.
BANDHAN BANK - POTENTIAL 3X CANDIDATE - MID TERM - BULLISHHi Folks,
Bandhan bank made a top in Aug 2018 and since then it is in downward trend. News regarding poor top management, high NPA, low NII and other fundamental issues has been circling around till recent past.
Now, there are few positives in their performance forecasts in con calls and rating updates. Stock might try to give a breakout from bearish territory, but solely depend on smart money coming to play. For now, the deliveries are not indicating decent accumulation but chart patterns are indicating a possible reversal.
Technical Analysis
1. There is a solid demand zone established from 2020 till date. Price has bounced whenever there is price action near this zone. Zone is marked on the chart.
2. There is a similar price action from this zone this time.
3. First, there is an immediate supply zone it has to break and absorb selling there.
4. Second, there is a falling trendline which should be broken convincingly to change the structure to HH-HL.
5. Bullish hidden divergence can be observed on weekly charts.
6.Potential targets can be 3X atleast.
Not a trading reco, please do your own due diligence.