ACC - Breakout loading?Price Observation & overview:
1. W stricture formed, overall bullish.
2. Good volume breakout will be needed to ensure buying strength to continue else will avoid any entry.
3. As of now no entry, I will keep it in radar and set an alert for breakout.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Breakout!
BALMLAWRIE BREAKOUT (6 year range breakout)Balmer Lawrie & Company Ltd is extremely bullish with rising volume as visible form the chart .
The financials of the company are pretty solid as well :
1. Rising PE
2. Increasing sales
3. increasing net profit
4. rising EPS
Along with all this the company also gives pretty solid dividend as well.
It is the stock to watch out for🚀🚀.
HFCL - Breakout Setup, Move is ON...#HFCL trading above Resistance of 111
Next Resistance is at 185
Support is at 75
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, Intraday View for 19-JuneThere is no change in the structure and the price has failed to close above 130.
But the price is still in the positive zone.
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.
VISHNU - 1.5 Years Downtrend Breakout Vishnu Chemicals Ltd
1) Time Frame - Daily.
2) The Stock has been in a Downtrend since (September, 2022). Now It has given a Downtrend / Consolidation breakout & Closed with good volume & good bullish momentum candle in Daily Time Frame.
3) The next resistance would be it's Previous Life Time High (434 - 16.60% from the price 372.10).
4) Recommendation - Strong Buy .
PNB, Intraday View for 18-JuneDuring the convergence of bands the price has given the break of structure on the upper side. For tomorrow the intraday range on the upper side is 130 to 136 and on the down side is 126 to 122.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
EPACK - 5 Months Downtrend Breakout Epack Durable Ltd
1) Time Frame - Daily.
2) The Stock has been in a Downtrend since (January, 2024). Now It has given Downtrend breakout & Closed with good volume & good bullish momentum candle in Daily Time Frame.
3) The next resistance would be It's Previous Life Time High (224.50 - 8.90% from the price 206.10).
4) Recommendation - Strong Buy.
RAILTEL, railway stocks are setting up again.Check railway stocks, how well they are setting up and buzzing loud on twitter. But like only railtel and texrail, as not looking for stocks which didnt breach 4th June bloodbath bar. No regret if they give big moves as I'm following the system. And between these two, railtel is top priority, as:
-One simple horizontal line setup (favourite), and consolidating for 150 days in the range
-After 4th june big fall, two white dots( 5% move with 1M vol) indicating big players are buying this stock
-Clean setup
Buying above 428 (cheat entry: buying before major resistance in anticipation of breakout.
No buy/sell recommendation.
Thomas Cook, one simple horizontal line setupTraveling is booming in India post covid.
And travel companies are enjoying this piece of pie.
-Posted growth YoY EPS growth, OPM% also improving.
-Near Major resistance, under which it is consolidating for 50 days (good consolidation)
-Good Shakeout, when price went below major ema (here 21 dema) and rally back (also known as MAU&R: Moving Avg Undercut and Rally)
-Tightness near resisantance.
-Signal Candle (5th n 7th June candles are white dot, which is more than 5% move with 1M vol) suggesting big players are buying. Retailer buyers cant create such volumes.
If it breaks this resistance level. with good vol (basically more than 10 day avg) then can expect good move.
No buy/sell recommendations.
Breakout in Mahindra EPC Irrigation 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.
ATAM VALVES: BASE FORMATION FOR A BREAKOUTNSE:ATAM
Atam Valves Ltd. manufactures and supplies valves, fittings, steam traps, and strainers. Its products include flow indicators, auto injectors, industrial valve, globe valve, relief valve, horizontal check valve, and allied products. The company was founded by Vimal Parkash Jain in 1982 and is headquartered in Jalandhar, India.
Timeframe: Day chart🧐
🔹Swing:- Range forming after a bear leg.
🔹Structure:- Horizontal Resistance breakout, broken the trendline but next resistance break will create a strong momentum move
🟢ENTRY:230+
♦️RISK:- 190-day closing basis
🎯TARGETS:- 260,291+
Detailed analysis on chart Study it and mark levels on your chart
Breakout in Himachal Futuristic Communications 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.
BSE, will it breach this AVWAP?Lets learn new thing:
AVWAP (stands for Anchored Volume Weighted Average Price): the average Price of a stock weighted by Volume from an Anchored point (swing low or swing high are good anchor points). Think like moving average but volume also include (not entirely true but to keep easy you can think like that) so it become more powerful as it involves both price and volume.
Now come to BSE, check white AVWAP how it was major resistance and gave fake breakout too. But when it breaches, it gave good Breakout (BO).
Again new blue AVWAP acting as good resistance, now have to check how it acted when it breach this line.
If it will give good breakout, add this powerful tool to your charts.
To learn more about this tool, DM me.
No sell/buy recommendations
NOTCOIN Ready for 40% downside moveGETTEX:NOT Market Alert
Price is currently rising while CVD (Cumulative Volume Delta) and open interest are declining—a potential signal for a downside move.
Key Levels:
Primary Downside Target: $0.0165
Secondary Downside Target: $0.0125
Critical Support: $0.015
Invalidation: Sustained price above $0.025 could negate this bearish outlook, indicating higher targets.
Trade cautiously and stay updated!
Ge T&d India Limited - Breakout Setup, Move is ON...#GET_D trading above Resistance of 1564
Next Resistance is at 2168
Support is at 1047
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.
Shipping Corporation Of India Ltd - Breakout Setup, Move is ON..#SCI trading above Resistance of 268
Next Resistance is at 418
Support is at 171
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.
KEC International- Breakout Setup, Move is ON...#KEC trading above Resistance of 911
Next Resistance is at 1198
Support is at 622
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.