Carborundum-A quick breakout swing tradeLogic:Breakout retest done and fresh flag breakout of consolidation
Targets are based on Fibonacci retracements.
Company has strong fundamentals. Good stock to invest on dips as well.
Idea is shared as a swing trade for educational purposes. It will help you understand power of flag breakout and continuation patterns.
Breakout!
Zen Technologies Limited - Breakout Setup, Move is ON...#ZENTEC trading above Resistance of 1366
Next Resistance is at 1663
Support is at 999
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.
Computer Age Management Services - Breakout Setup, Move is ON...#CAMS trading above Resistance of 4067
Next Resistance is at 5322
Support is at 3291
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.
Just Dial Limited - Breakout Setup, Move is ON...#JUSTDIAL trading above Resistance of 1180
Next Resistance is at 1754
Support is at 817
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.
Zen Technologies Limited - Breakout Setup, Move is ON...#ZENTEC trading above Resistance of 1072
Next Resistance is at 1366
Support is at 837
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.
TCS & Just Dial - Getting Ready for a Bull Run
After the market crash in 2020, the stock price experienced a significant upward movement and reached close to the 3,990 level, which was the previous all-time high for the stock.
Subsequently, the stock entered a downtrend until the price found support near the 2,900 level.
Following this, the stock price began to rise again and reached a new high in March’24 at around the 4,250 level.
After a pullback, the stock successfully broke through the neckline of the Inverted Head & Shoulder pattern, which had formed during the entire consolidation phase.
If this breakout sustains, we may witness a further price rally in the coming days.
The stock price reversed its downward trend by breaking through the Ascending Triangle pattern upwards.
After dropping near the 1,150 level, the stock rebounded strongly and started moving upwards.
The stock price found support around the 520 level after a significant drop and started climbing.
An Inverted Head & Shoulders pattern appeared on the chart during the consolidation phase, signaling a possible trend reversal.
Following the breakout, the stock price moved upwards but faced resistance at a previous level.
After a brief pullback, the stock price successfully broke through the resistance and continued to climb.
Upward Moving Channel Breakout - VTL📊 Script: VTL
📊 Sector: Textiles
📊 Industry: Textiles - Cotton/Blended
Key highlights: 💡⚡
📈 Script is giving Breakout of Upward Moving Channel on daily chart.
📈 Keep an eye on stock we may see some good rally.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 535
🟢 Target 🎯🏆 - 572
⚠️ Stoploss ☠️🚫 - 520
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅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 trading. Cheers!🥂
MCLEODRUSS Breakout Done... Can Be #MultibaggerMCLEODRUSS (MCLEOD RUSSEL INDI)
About The Company
McLeod Russel India Ltd. engages in the business of cultivation, manufacturing and sale of tea. It operates through the following geographical segments: India, Vietnam, Uganda, Rwanda, UK and Others. The company was founded on May 5, 1998 and is headquartered in Kolkata, India.
Trade Setup
Cmp 28
Any Dip Upto 20 can be bought
For Targets🎯
33 / 41 / 49 / 55 / 60 / 64 / 70 / 77++
WCBSL will be 15
Note: 33 is a crucial zone for breakout confirmation. Hence, stock should close above 33 for quick momentum targets.
Fresh Breakout Above 77 (Weekly closing)
For Targets🎯 79 / 84 / 89 / 92 / 96 / 99 / 101++
Chart Setup For Reference:
Tecnical Analysis...
1) Formation Of Flag pattern in Weekly Charts
2) Volume addition
3) At good and strong numbers
4) Breakout Done
5) Potential to be a #Multibagger
Regards...
Harm⭕️nics4Life
13/01/2024
Disclaimer & Risk Warning
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
Chennai Petro Big Move AheadHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Forming Ascending Triangle Pattern in daily TF.
* From Feb 2024 to July 2024 its in range.
* From Feb 2024 to July 2024 Tested & Moving Resistance Many times.
* It's break 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.
Fundamental Analysis
Industry - Refineries
Variance Full Year Net Profit Variance - 22
Equity Latest Equity - 148.91
Face Value Latest Face Value - 10
Reserves Total Reserve - 8672.01
Dividend Full Year Dividend % - 550
Sales Turnover Full Year Net Sales - 66385.73
Net Profit Full Year Net Profit - 2745.07
Full Year CPS Full Year Cash Per Share - 225
Earning Per Share Full Year Earning Per Share - 184.3
Mar 1, 2024
Latest Quarter Sales - 17720.18
Book value - 592.4
Networth Full Year Return on Networth - 63.45
Price to Book value - 1.834909
Yearly PE ratio Full Year Price to Earning per share - 5.9
Full Year Price to Cash Per Share - 4.8
BSE Value in lakhs - 2737.22
NSE Value in lakhs - 27755.57
spal break all records of returns for his long term investors SPAL is perfect example of follow technical parameters. That share holds pure trend line breakout holds W pattern and holds life time triple top monthly breakout and above to that holds strong support zone + flag pattern breakout which show that 680 share price
DOUBLE his share price in next 3 to 5 month almost 1200 and my target for that share 2200 in next 2 year
technical points
1- Flag pattern breakout
2- follow trend line breakout
3- triple top breakout on monthly and that is also his support zone
TRG
1st TRG - 800
2nd TRG 1200
FINAL TRG 2200 almost 4 times of his current value in next 2 year may be he will achieved his TRG very early according to my time frame
STOP LOSS 498
Apollo Tyres : Breakout Candidate#apollotyre #breakout #swingtrade
Apollo Tyre : Swing Trade
>> Breakout candidate
>> Trending setup
>> Good Volumes & Strength
>> Low Risk High Reward Trade
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
CASTROL INDIA : 2014 Potential Breakout (Techno + Fundamental)Using Monthly chart to show bigger picture.
Daily Chart:
Good consolidation in a range of 248 - 260.
Broken above 260 with good volumes
Bullish Sign: (Day High 270, Close 267.30)
RSI > 70 (On all time frames)
Fundamentals:
PE below Industry Level
ROCE/ROE above Industry Level
June Qtr : FII increased Stake
Sequential Target : 300 / 330 / 355 / 380 / 440
SL : 248
ADSL - BREAKOUT AND A 2X CANDIDATE BASED ON FUNDAMENTALSHi All,
This idea is about Allied Digital Services Ltd
Mkt Cap - 1204 Cr
Stock PE - 26
Mcap/Sales - 1.75
As per mgmt concal transcript, revenue guidance of 1000Cr in FY25/26
Assuming NPM at 8%, this could take the mktcap to 2200Cr easily which wud appreciate the stock price towards levels of 400
Technically also its a healthy breakout with expanding Moving averages after tight consolidation. Volume is extremely good to support further price action
Happy Trading,
Thanks,
Stock-n-Shine