Amara Raja Energy & Mobility Ltd - Breakout Setup, Move is ON...#ARE_M trading above Resistance of 1480
Next Resistance is at 2389
Support is at 970
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.
Breakout
Oracle Financial Services Software Ltd - Long Setup, Move is ON.#OFSS trading above Resistance of 6606
Next Resistance is at 9759
Support is at 4658
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.
Breakout in Bombay Burmah Trading Corporation 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.
Pnb Gilts Limited - Long Setup, Move is ON...#PNBGILTS trading above Resistance of 103
Next Resistance is at 136
Support is at 84
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.
Kalyan Jewellers India Ltd - Long Setup, Move is ON...#KALYANKJIL trading above Resistance of 341
Next Resistance is at 463
Support is at 241
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.
Kddl Limited - Long Setup, Move is ON...#KDDL trading above Resistance of 2359
Next Resistance is at 3064
Support is at 1830
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
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.
Ganesha Ecosphere - Long Setup, Move is ON...#GANECOS trading above Resistance of 1025
Next Resistance is at 1363
Support is at 739
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
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.
Ntpc Limited- Long Setup, Move is ON...#NTPC trading above Resistance of 291
Next Resistance is at 375
Support is at 208
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.
Reliance 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 Jan 2024 to June 2024 Moving in a 200-300 Points range.
* From Mar 2024 to June 2024 Tested Resistance Many times.
* It's Already Break resistance Zone and trying to Sustain Above Resistance Zone and follow up buying is coming.
* 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. Minor Retest is Possible after big move.
JaiCorp Ltd Forming Momentum for a big move Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Forming Pole & Flag Pattern in daily TF.
* Rectangular Box Pattern in week TF.
* From Oct 2023 to June 2024 Tested Resistance Many times.
* It's Near resistance Zone and trying to breakout.
* If Stock break's resistance zone then we can see a move to 500 & if Sustain above 500 then we can see move to 560 to 700, let's see breakout sustain or not.
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.
WockPharma is testing ResistanceHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Forming Symmetrical triangle Pattern in daily TF.
* Flag & symmetrical Triangle Pattern in week TF.
* Inverted Head & Shoulder Triangle Pattern in Monthly TF.
* From July 2014 to June 2024 Tested Trendline Many times.
* It's Near resistance Zone and trying to breakout.
* If Stock break's resistance zone then we can see a move to 741 & 1040, let's see breakout sustain or not.
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. Don't know how we miss this amazing stock and forget to share this with you all family.
Central Depository Services Ltd - Long Setup, Move is ON...#CDSL trading above Resistance of 1734
Next Resistance is at 2261
Support is at 1240
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
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.
Rounding Bottom Pattern noticed in Navkar Corp### Rounding Bottom Pattern:
1. **Pattern Identification**:
- The chart clearly shows a rounding bottom pattern, characterized by a long, gradual decline in price followed by a slow and steady rise, forming a "U" shape.
- This pattern suggests a reversal of the prior downtrend and typically indicates a bullish reversal.
### Key Levels:
1. **Support and Resistance**:
- **Resistance Level**: Around 116 INR, which the price has recently tested and is attempting to break above.
- **Support Level**: Previous support levels can be identified around 89.45 INR, which also aligns with a previous low.
2. **Trend Lines**:
- The green trend lines form a rising channel, showing the long-term upward trend.
- The price is currently near the upper boundary of this channel, indicating a potential breakout or a pullback.
### Volume Analysis:
- Volume has increased during the latter part of the rounding bottom, especially as the price approaches the resistance level, confirming the pattern and suggesting that the breakout could be supported by strong buying interest.
### RSI (Relative Strength Index):
- The RSI is at 60.68, suggesting bullish momentum. It is not yet in the overbought territory, indicating there might be more room for the price to rise.
### Price Projection:
- Based on the rounding bottom pattern, if the price breaks above the 116 INR resistance level convincingly, the next target could be projected by measuring the depth of the rounding bottom from the lowest point (around 70 INR) to the resistance level (116 INR), which is 46 INR.
- Adding this depth to the breakout point gives a target of approximately 162 INR (116 + 46).
### Conclusion:
- **Current Price**: 113.16 INR.
- **Pattern**: Rounding bottom, suggesting a bullish reversal.
- **Resistance Breakout**: A break above 116 INR resistance, supported by strong volume, could lead to a significant upside.
- **Volume and RSI**: Increased volume and a moderately bullish RSI support the potential breakout.
### Summary:
The chart of Navkar Corporation shows a rounding bottom pattern, which is a strong bullish reversal signal. With the price currently testing the resistance level around 116 INR, a successful breakout could lead to a significant upside, with a target around 162 INR. The increased volume and positive RSI trend support this bullish outlook. However, it's important to watch for confirmation of the breakout and monitor any signs of reversal.
Black Box Ltd - Long Setup, Move is ON...#BBOX trading above Resistance of 248
Next Resistance is at 293
Support is at 184
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.
VOLTAS - Price Analysis & Overview | Bullish1. Clear BO and retest done and now already near tp1
2. I'm not interested in any new entry as RRR is not favourable.
3. It can continue to run to hit the above marked tp points.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- 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
Suven Pharma Breaks Out Like a Fever Dream"Suven Pharma Breaks Out Like a Fever Dream! 💊📈 #PharmaStocksGoBoom"
I. Current Price Action:
Price: ₹787.35
Change: +58.10 (+7.97%)
Volume: 3.673M (Higher than the number of pills in your grandma's medicine cabinet!)
II. Key Observations:
Breakout Bonanza: SUVENPHAR has busted through its long-term resistance faster than a hypochondriac racing to WebMD.
Side Channel Escape: The stock just broke out of its side channel, showing more excitement than a kid in a candy store (or should we say, pharmacy?).
Volume Surge: Trading volume is higher than the line at the doctor's office during flu season. This suggests strong conviction in the move.
Support Levels: The previous resistance around ₹760 could now act as support. If it holds, it'll be stronger than the taste of cough syrup.
III. Trading Idea:
For the brave pill-poppers (I mean, traders), riding this breakout could be more thrilling than reading the side effects on a medication leaflet. But remember, chasing stocks can be as dangerous as self-diagnosing on the internet!
Potential Targets:
🎯 Short-term: ₹820 (As ambitious as promising to exercise more)
🎯 Mid-term: ₹850 (Reaching for the stars, or at least the top shelf of the medicine cabinet)
IV. Risks:
If this breakout fails, the stock could drop faster than your New Year's resolution to eat healthier. Keep an eye on overall market health and be ready to take your profits before they expire like old medication.
V. Final Thoughts:
Suven Pharmaceuticals has finally broken out of its consolidation, potentially setting the stage for a rally that could cure your portfolio's ailments. Will it continue to climb, or suffer from nasty side effects? Only time will tell, but one thing's for sure – this stock is more exciting than reading the fine print on a prescription label!
Disclaimer: This analysis is about as reliable as WebMD's symptom checker. Always do your own research and consult a financial advisor before making investment decisions. Happy trading, and may your profits be as plentiful as the pills in a pharmacy! 💊🚀
WHIRLPOOLI'm not a SEBI registered analyst, Views are personal, not any buy or sell recommendations.
Today i found WHIRLPOOL ,which has given breakout in Weekly along with good volumes, Based on volume and current price action movement in the WHIRLPPOL chart, I anticipate a short-term upswing. Please refer to the chart for a detailed analysis.
GRWRHITECH - 3 Months Downtrend Breakout Garware Hi Tech Films Ltd
1) Time Frame - Daily.
2) The Stock has been in a Downtrend since (February, 2024). 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 (2200 - 6.25% from the price 2070.30). If the stock gives another breakout at (2200) It may move higher and find resistance around (2680 - 29.45% from the price 2070.30).
4) Stock with good fundamentals.
5) Recommendation - Strong Buy
ALKALI TURBO BREAKOUT FORMATIONNSE:ALKALI
TimeFrame - day chart analysis 🧐
Swing Breakout Setup.
🔹Trend: range bound,
🔹Swing:- start of upswing,
🔹view: The ascending triangle forming at the support trendline should break out with good momentum.
🟢Entry:124.50+
♦️Risk:- day close below 114
🎯Targets:- 137,149,163+
Detailed analysis of the chart study it and mark levels on your chart.
Keep Learning, Happy Trading.