GHCL Analysis: Supply & Demand Zones Strategy with Breakouts In this video, we analyze the NSE:GHCL chart using the Demand and Supply Zones Lite Indicator.
Watch as I explain how to:
Identify Stage 1, Stage 2 , and consolidation phases.
Spot breakouts and understand the concept of a flush .
Use demand zones nested inside resistance-turned-support areas to plan high-probability trades.
This video is perfect for anyone looking to improve their technical analysis skills and learn how to trade using demand and supply zones.
Disclaimer: This video is for educational purposes only. Always conduct your own analysis before making trading decisions."
Breakout
Emmbi Industries Ltd Technically checks many boxes.Emmbi Industries Ltd.
📅 Timeframe: Daily Chart
Technical Observations
1. Cup and Handle Breakout:
2. Inverse H&S
3. Base Breakout
The stock has formed a classic Cup and Handle and an inverse Head and Shoulders pattern, which is a bullish continuation setup.
3. Three White Soldiers:
Post-breakout, the stock formed Three White Soldiers (three consecutive bullish candles), a strong bullish indicator.
Fundamental Snapshot
💼 Market Cap: ₹300 Crores (Small Cap).
📊 Current Price: ₹169.
📈 High/Low: ₹172 / ₹87.6 (52-week range).
📚 Book Value: ₹104 (Price to Book Ratio: ~1.63).
📉 PE Ratio: 29.6 (relatively higher compared to industry standards).
💸 Dividend Yield: 0.18% (low yield).
📊 ROCE: 8.43% (moderate efficiency).
📈 ROE: 6.03% (average return for shareholders).
Key Levels to Watch
-Entry Point: ₹172 or wait for multiyear Breakout level
175.
-Stop Loss (SL): ₹129.73 (Below the handle and
consolidation support).
🎯 Targets:
All-Time High (ATH): ₹262.45 (Medium-to-long-term target).
Strengths of the Setup
✅ Volume Confirmation:
Breakout backed by rising volumes, indicating strong market interest.
✅ Trend Alignment:
Stock is trading well above the 50-day and 200-day moving averages, supporting the bullish trend.
✅ Healthy Consolidation:
The long consolidation before the breakout reduces the chance of a false move.
Risks and Considerations
⚠️Microcap Company.
⚠️ Valuation Concerns:
PE ratio (29.6) is on the higher side, indicating the stock might be overvalued compared to peers.
⚠️ Dividend Yield:
At 0.18%, the dividend yield is minimal, which may not attract dividend-seeking investors.
⚠️ Broader market conditions (e.g., Nifty 50, Nifty 500) should support bullish sentiment 📉.
Trading Plan
📌 Buy Above: ₹172.0 or wait for breakout of 175
📌 Stop Loss (SL): ₹129.73 (Strictly on closing basis)
📌 Targets:
Medium-Term: ₹262.45 🎯
📊 Watch for a pullback retest of ₹159.00 with rising volumes. It can be an excellent re-entry or adding opportunity.
Do not forget to position size since the SL is extremely Deep. Risk management is the key here. Market conditions are bad and unpredictable. Please excuse Ttypos if any.
From Novice to Pro: Navigating Support & Resistance Like a BossGreetings to all. I trust that you are all thriving in both your personal lives and trading endeavors. Today, I present educational content aimed at understanding the concepts of support and resistance in chart analysis.
Support and resistance are key concepts in technical analysis used to identify potential price levels where an asset's price might reverse, stall, or consolidate. They are often visualized on a price chart and are critical for traders making decisions about entry, exit, and stop-loss levels.
1. Support:
Definition: Support is a price level at which a downward trend may pause or reverse due to a concentration of buying interest.
Why it works: Traders perceive this level as a "bargain," increasing demand and preventing further price drops.
Visualization: On a chart, support levels often appear as a horizontal line or a sloping line below the current price where previous price action reversed or consolidated.
Breakthroughs: If the price breaks below a support level, it may indicate a continuation of the downtrend.
2. Resistance:
Definition: Resistance is a price level where an upward trend might pause or reverse due to selling pressure or profit-taking.
Why it works: Traders perceive this level as "expensive," reducing demand and increasing selling activity.
Visualization: On a chart, resistance levels are horizontal or sloping lines above the current price where the price struggled to move higher in the past.
Breakthroughs: If the price breaks above a resistance level, it may indicate the start of a new upward trend.
Common Characteristics of Support and Resistance:
Role Reversal: Once a support level is broken, it often becomes a new resistance level, and vice versa.
Psychological Levels: Round numbers (e.g., $50, $100) often act as strong support or resistance due to psychological significance.
Volume Confirmation : High trading volume near these levels reinforces their strength.
Types of Support and Resistance:
Horizontal Lines: Based on past price action.
Trendlines : Diagonal lines formed by connecting higher lows (support) or lower highs (resistance) in a trend.
Moving Averages: Dynamic levels that adjust with price movement, often acting as support or resistance.
Fibonacci Retracement: Levels based on mathematical ratios indicating potential reversal zones.
How to Use Support and Resistance:
Entry Points: Buy near support levels or after a breakout above resistance.
Exit Points: Sell near resistance levels or after a breakdown below support.
Risk Management: Place stop-loss orders just below support (for long positions) or above resistance (for short positions).
Today, I decided to share some educational content, as my previous posts have primarily focused on trade ideas. I hope that you all would find this educational material valuable and engaging. If you appreciate this type of content, I encourage you to show your support by liking this post and following me for more educational insights in the future.
2 Potential Swing trading stocks for 23 December MarketsI daily make educational content videos for swing / positional trading
Both are Potential swing trading ideas that are not active yet. I have explained the setup, pattern, and line-making behind them with a solid plan. Let's see if the plan gets activated.
63Moons-Ready for a flight to the moon(ATH)?63Moons had a strong resistance near 400 levels which has been broken in monthly TF and has been retested as well.
Stock is looking good for a rocket on the upside and takeoff has just been done.
Keep in watchlist. Highly risky stock. Support is very deep.
Levels marked on the chart. Looks good to be a zero hero investment for multibagger returns for high risk takers.Not a recommendation
KFin Technologies Ltd - Breakout Setup, Move is ON...#KFINTECH trading above Resistance of 1337
Next Resistance is at 1847
Support is at 921
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.
Kalyani Steels Limited - Breakout Setup, Move is ON...#KSL trading above Resistance of 1079
Next Resistance is at 1678
Support is at 702
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.
Capacite Infraprojects Ltd - Breakout Setup, Move is ON...#CAPACITE trading above Resistance of 437
Next Resistance is at 664
Support is at 297
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.
GICRE - Breakout Setup, Move is ON...#GICRE trading above Resistance of 449
Next Resistance is at 676
Support is at 347
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.
Pricol Ltd - Breakout Setup, Move is ON...#PRICOLLTD trading above Resistance of 545
Next Resistance is at 721
Support is at 432
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.
Chaman Lal Setia Exports Ltd - Breakout Setup, Move is ON...#CLSEL trading above Resistance of 386
Next Resistance is at 499
Support is at 300
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.
BLS International Services - Breakout Setup, Move is ON...#BLS trading above Resistance of 476
Next Resistance is at 680
Support is at 364
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.
KFin Technologies Ltd - Breakout Setup, Move is ON...#KFINTECH trading above Resistance of 994
Next Resistance is at 1337
Support is at 698
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.
Kalyani Steels Limited - Long Setup, Move is ON...#KSL trading above Resistance of 702
Next Resistance is at 1079
Support is at 469
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.
Capacite Infraprojects Ltd - Breakout Setup, Move is ON...#CAPACITE trading above Resistance of 358
Next Resistance is at 437
Support is at 253
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.
General Insurance Corporation of India - Long Setup, Move is ON.#GICRE trading above Resistance of 370
Next Resistance is at 449
Support is at 308
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.
Pricol Ltd - Breakout Setup, Move is ON...#PRICOLLTD trading above Resistance of 454
Next Resistance is at 545
Support is at 391
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.
Chaman Lal Setia Exports Ltd - Breakout Setup, Move is ON...#CLSEL trading above Resistance of 343
Next Resistance is at 386
Support is at 271
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.
BLS International Services - Long Setup, Move is ON...#BLS trading above Resistance of 364
Next Resistance is at 476
Support is at 247
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.