Get started

Breakout-trading

NATCOPHARMNATCOPHARM:- Stock has given strong breakout, if stock comes back for retesting then you can plan something 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.
NSE:NATCOPHARMLong
by AjayDhakad_Keep_it_simple
Keep a close eye on Rites LTD. Company's Overview RITES Limited is a company in India that was started in 1974. It is a government-owned company and is known for its expertise in transportation consulting and engineering. The company is the only export arm of Indian Railways for providing rolling stock overseas. Technical As visible from the chart price has retested its resistance multiple times and came back to the support level. today it has closed with a fairly good green candle and almost touched the resistance. It has all potential to break its trend line and we can anticipate a significant move above the Line. However we have to wait for a strong confirmation. If the candle breaks its resistance and sustaining above the line, entry can be initiated. One can trade by putting 1:1 risk reward ratio. BUY- 390 TARGET- 415 STOPLOSS- 364 Please note I'm not SEBI registered, I have shared this Analysis for education purpose only.
NSE:RITESShort
by BullishLine
Swing trade in Gujarat Fluorochemicals.About Company The company is a leading producer of Fluoro-polymers, Fluoro-specialties, Chemicals, and Refrigerants in India. It ranks among the top five global players in the fluoropolymers market and exports to Europe, Americas, Japan, and Asia. Technical Analysis The share price of Fluorochemical is currently at a 30% discount. Over the past two years, the price has been consolidating within a specific range and has been consistently following a strong support line. It tends to go up and then retraces back to the support level. In the past four days, the price of Fluorochemical has displayed a positive momentum, consistently showing an upward trend. As of now, it has increased by 6%, indicating strong potential for further growth. While the market continues to reach all-time highs, there are undervalued chemical stocks that remain at lower prices, Gujarat Fluorochemicals is one of those stocks. Fundamentals. The company demonstrates strong sales growth year after year, although its profit growth is relatively slower. However, with a ROCE of nearly 30%, this stock showcases promising potential. Overall, this trade carries a low level of risk. However, if we decide to proceed, we can consider a risk-reward ratio of 1:5. Just presented my Analysis, do your own research before Analysis.
NSE:FLUOROCHEMLong
by BullishLine
KNRCONKNRCON:- The stock has formed a fluff pattern, if upside breakout, we may see upside movement, keep an eye on the stock 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.
NSE:KNRCONLong
by AjayDhakad_Keep_it_simple
KARURVYSYAKARURVYSYA:- given breakout and may retesting stock may buy if want to plan but with strict stop loss till then watch 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.
NSE:KARURVYSYALong
by AjayDhakad_Keep_it_simple
DYCLDYCL:- Rounding bottom pattern is formed, if sustain at 225.50 level then you can buy some plans, it can also be a retesting, if cross 248 level you can add more quantity 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.
NSE:DYCLLong
by AjayDhakad_Keep_it_simple
TVS MOTOR ASCENDING WEDGE BREAKOUT TRADE - BUY TVS Motors have formed an ascending wedge pattern on the daily timeframe with 2 contact points above and 3 contact points below Yesterday it has broken out of the pattern with gap-up which acts as a very strong confirmation of the success of the trade Although no volume surge is present but RSI is present in OVERBOUGHT zone indicating that the momentum is very strong for the stock right now which in turn is a boon for the stock which would give the push for the stock to rise TP is set as the width of the chart pattern at the place of the first contact point
NSE:TVSMOTORLong
by peace_lover
3