Breaking Consolidation With Increasing Relative StrengthNSE:ULTRACEMCO is Breaking the Consolidation range, crossing key levels after getting consolidated at Accumulation Zones, in Reverse Cup and Handle Pattern.
Check out my other stock ideas below until this trade gets activated, would love to have your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Breakout!
REMSONSINDREMSONSIND - The stock has broken out by forming a pole and flag pattern
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Tata Power & Tata Communications: Dynamic Duo Poised for UpswingTata Power
The stock has shown a significant upward trend, reached at the 460 level, where it encountered strong resistance.
As a result, the price pulled back and found support around the 405 level, entered a consolidation phase.
During this phase, a Pole & Flag pattern developed on the chart, and with a recent breakout supported by robust trading volume, the stock is primed for further upward movement.
Tata Communications
Overall, the price is on an upward trajectory, consistently making higher highs and lows.
After hitting an all-time high close to the 2070 level, the price faced a notable rejection, resulted in a sharp decline followed by a consolidation phase.
During this period, an Ascending Triangle pattern developed, and the stock has recently achieved a successful breakout.
The current price action indicates that the stock is poised for another significant rally.
Has the golden opportunity to buy BTCUSDT arrived?Hello everyone, Alisa here. This Wednesday, let’s take a look and analyze the EUR/USD pair together!
Currently, BTCUSDT is still maintaining a strong upward trend, with the trading level around 63,819.
Looking at the chart, the bullish momentum is quite clear. With support at 63,798, Bitcoin has the potential to continue rising and meet resistance at 64,585. If it breaks this resistance level, the price could surge even higher, reaching expectations above 65,000.
In my opinion, this could be a good time to consider a buy order or wait for a better entry point. What about you, what do you think?
A BREAKOUT & RETESTED STOCK - NTPC NSE:NTPC
❇️A good low risk setup in daily time frame above 432 makes a perfect entry.
❇️SL below recent swing low. 420
❇️A very good weekly break out at weekly time frame.
❇️Expecting stock price to reach 445-450-460+ in up coming days.
❇️ Volume looks good.
❇️Every entry must have a stoploss partnered with it.
Disclaimer: not SEBI Registere and not responsible for your profits and your losses thank you 🌻
👉🏻 @thetradeforecast 🇮🇳
BTCUSDT: Buy in the short term.BTCUSDT is continuing its strong uptrend, currently trading around $63,590.
In the short term, the bullish momentum is clear, with the trendline, EMA, and other technical factors all supporting the buyers. Personally, I favor a buy strategy with a take-profit target at $65,000.
You can consider buying now or waiting for a price pullback to the trendline for a better entry.
Wishing you all successful trades and plenty of profits!
Zomato-Is it investment worthy now?This is an idea of one of the most famous listed new age company, Zomato
The stock had listed at 2x of issue price(around 70) and later on went to about 50% of issue price and now again standing at 2x of issue price.
What an amazing rounding bottom pattern!
This kind of breakouts are very powerful to give multibagger returns.
Keep in watchlist. Best buy range is 125-130
CGPOWER BREAKOUTTrendline has already broken. Now the stock is ready to break ATH
Disclaimer
The ideas and views shared here are for educational and informational purposes only and should not be considered financial advice. Trading and investing in financial markets involve significant risk, and past performance does not guarantee future results. Please do your own research (DYOR) and consult with a certified financial advisor before making any trading or investment decisions. I will not be liable for any financial losses or gains resulting from following these ideas. Trade carefully and at your own risk.
National aluminium multi pattern trade idea National Aluminium trades within a broader rising wedge pattern, marked by the red lines. A counter-trendline (solid white line) also comes into play, indicating a shorter-term resistance zone. The stock recently broke through one of the dotted hidden lines, but it's still facing resistance from the upper hidden trendline, keeping it just below a key breakout point. The formation of higher lows, highlighted by the yellow circles, signifies strength in price action and building momentum.
Today's volume surge, notably higher than average, adds weight to the bullish sentiment. However, a significant breakout could only be confirmed once the price clears the last hidden line of resistance. Watching closely for this potential move
Crossover Swing + Breakout Trade - HINDALCO📊 Script: HINDALCO
📊 Sector: Non Ferrous Metals
📊 Industry: Aluminum and Aluminum Products
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 Script is giving Cup & handle Pattern Breakout on daily chart.
📈 Already crossover in MACD.
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 717
🟢 Target 🎯🏆 - 810
⚠️ Stoploss ☠️🚫 - 672
⚠️ 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!🥂
Buy ICICI Bank stock swing high breakout strategy This is my swing high breakout strategy, (swing trading) do as directed ✔️
Duration - 1-2 months
Risk reward ratio 1:2 NSE:ICICIBANK
This is not trading recommendation or advise 🚨
Do your analysis before taking any step 🙏
Fundamentally strong stock , one of market leader in the sector , thank you
monthly breakout!Above chart is of timken india which is involved in business of manufacturing ball bearings,incorporated as tata timken.
technical point of view
1.on a weekly tf we can see the stock consolidating around 21 ema an good break above it can result in quick upside momentum.
2.if you look closely on the monthly tf the stock beautifully consolidated in a channel for 570-580 days and broke the resistance.
3.according to charts a long term trade or an mid term trade can be executed smoothly on cuuret levelskeeping sl below the 21 eme on monthly tf
(closing basis)
4.targets can be kept firstly on the all time high which is around 28-29% and secondly around 60% for long term
5.simple rr of 1:4 can be achieved if market continues the upside momentum if not one can close trade according to his/her appetite
ALWAYS REMEMBER NO ANALYSIS IS PERFECT AND IAM NOT YOUR FINANCIAL ADVISOR,DO YOUR OWN RESEARCH
ABOVE POST IS ONLY FOR EDUCATIONAL PURPOSE,NO BUYING RECOMMENDATION
do follow me for such content i will try to give my best
VIP INDUSTRIES : A good bet for short term📈 VIP INDUSTRIES is a good buying candidate for a short term swing trading.
🔰 It can show some decent upside move upto 15% to 30% in the near future.
🟢 Range : 515 - 525
🎯 Target : 560 / 600 / 655 / 700
🛑 Stop : 490 ( wcb )
⚠️ Disclaimer : It's not a buy/sell recommendation. It's a view only for an educational purposes.
Max Healthcare Institute Ltd - Breakout Setup, Move is ON...#MAXHEALTH trading above Resistance of 991
Next Resistance is at 1392
Support is at 721
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.
TATATECH - Inverse H&S Pattern BreakoutTATATECH - Inverse H&S Pattern Breakout
The chart displays a classic Inverse Head and Shoulders pattern, which is often viewed as a signal of a potential upward trend reversal. This means that after a period of price decline, the stock might be gearing up for a move higher.
The left shoulder, head, and right shoulder are clearly visible, and the price appears to be moving above the neckline, indicating the possibility of a breakout.
Volume Increase:
There's a noticeable rise in trading volume on the right side of the chart, which signals growing interest. A strong volume during a breakout is usually a good sign that the price move has solid backing and could be sustained.
Breakout Momentum:
The stock has already started to break above the neckline, with prices moving upward, suggesting that the momentum is in favor of further gains.
Short-Term Trading Levels:
Here’s how you could approach this setup, considering entry, profit targets, and stop-loss points.
Entry Point:
Since the stock has already broken out from the neckline, it might be a good idea to enter near the current price of around ₹1,114, assuming the breakout continues.
Target Levels:
First Target (T1): ₹1,180 – This is the first potential resistance level where the price might encounter selling pressure, based on previous price behavior.
Second Target (T2): ₹1,224 – The second level to aim for, where the price has previously stabilized or paused.
Third Target (T3): ₹1,270 - ₹1,280 – The final short-term target, close to previous highs on the chart.
Stop-Loss:
To limit potential losses, a stop-loss can be set just under the neckline, around ₹1,060. This level gives some buffer for price fluctuations while protecting from a failed breakout.
Summary:
Entry Point: Around ₹1,114
Targets: ₹1,180, ₹1,224, ₹1,270-₹1,280
Stop-Loss: ₹1,060
Keep an eye on volume and price movement. If the volume stays strong, the breakout is more likely to continue, increasing the chances of hitting the target levels. However, if the price drops back below the neckline, the breakout could be false, and the setup may become invalid.
CAPACITE : Breakout Candidate#CAPACITE #breakout #vcppattern #trendingstock #swingtrade#Momentumtrade
CAPACITE : Swing Trade
>> Breakout Candidate
>> VCP Pattern
>> Trending Setup
>> Good Strength & Volumes
Swing Traders can lock profit at 10% and keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Bikaji Foods International Ltd - Breakout Setup, Move is ON...#BIKAJI trading above Resistance of 815
Next Resistance is at 1135
Support is at 686
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.
PCBL Ltd - Breakout Setup, Move is ON...#PCBL trading above Resistance of 505
Next Resistance is at 588
Support is at 373
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.