Wockpharma: DTL BO?-if Nifty Pharma breakout from long Parallel Channel (PC), Wockpharma can be one of pharma companies to perform, as it also forming long base and,
Long Base = Long Breakout .
-DTL BO anticipation (Down Trendline Breakout), tested 4 times but didnt fall with volumes.
-Clearly, Green vol > Red vol
-VCP pattern (15W-22/6-3Ts)
-Earnings due on 28th May
Setup is solid lets see how it work out. Cheat entry (Cheat entry are basically early entry in anticipation of BO) can be around 564ish level BO if day starts with Strong Start (gap up without or barely touching previous day low)
But one should wait for confirmation, if it breakout good then it can be confirmation for other stocks too as there are and always will be many opportunities in the market, only one have to seek.
Breakout
$Bitcoin ($BTC) good setup : One Simple Horizontal line-In consolidation for 3 months (Long base means Big Breakout)
-Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal.
-Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside)
-Signal Candles: Big Green Candles with vol showing buyers in action.
NTPC, another PSU posted solid results and in good setup. Results:
Solid Q4FY24
Rev at 47622cr vs 44253cr
Other inc at 1194cr vs 491cr
PBT at 8375cr vs 6026cr, Q3 at 5134cr
PAT at 6490cr vs 4871cr, Q3 at 5208cr
Solid QoQ and YoY uptick
OCF at 40784cr vs 47151cr
TA:
Horizontal Line Setup, will be better if it adds a bit of consolidation right here near this level n BO.
The Phoenix Mills Limited - Long Setup, Move is ON...#PHOENIXLTD trading above Resistance of 2769
Next Resistance is at 3131
Support is at 2170
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.
IIFL Securities Ltd - Long Setup, Move is ON...#IIFLSEC trading above Resistance of 128
Next Resistance is at 196
Support is at 86
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.
Poly Medicure Limited - Long Setup, Move is ON...#POLYMED trading above Resistance of 1405
Next Resistance is at 1782
Support is at 951
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.
Engineers India Limited - Long Setup, Move is ON...#ENGINERSIN trading above Resistance of 185
Next Resistance is at 269
Support is at 133
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.
Career Point Ltd - Long Setup, Move is ON...#CAREERP trading above Resistance of 277
Next Resistance is at 416
Support is at 182
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.
Mazagon Dock Shipbuilders - Long Setup, Move is ON...#MAZDOCK trading above Resistance of 1986
Next Resistance is at 2955
Support is at 1530
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.
Garden Reach Shipbuilders & Engineer - Long Setup, Move is ON...#GRSE trading above Resistance of 892
Next Resistance is at 1176
Support is at 633
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.
Ahluwalia Contracts India - Long Setup, Move is ON...#AHLUCONT trading above Resistance of 939
Next Resistance is at 1246
Support is at 632
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.
Rail Vikas Nigam Ltd (RVNL) - Long Setup, Move is ON...#RVNL trading above Resistance of 200
Next Resistance is at 348
Support is at 157
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.
Atam 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.
* From May 2023 to May 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 241 and if sustain above 241 then we can see a good move, 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.
ALICON - 2.5 Years Consolidation Breakout / All Time HighAlicon Castalloy Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (August, 2021). Now It has given a Huge Consolidation breakout & Closed at it's All Time High with good bullish momentum candle & with good volume in weekly Time Frame.
3) The next resistance would be around the price (1400 - 24.85% from the price 1121.10). Also It may perform well in the long term.
5) Recommendation - Strong Buy
CIEIndia-A flag breakout you shouldn't miss!CIEIndia has formed a beautiful flag & pole pattern whose breakout is expected soon.
If stock gives weekly closing above 500, we can see quick big bullish move in this stock.
Keep in your watchlist.
Stock has very good fundamentals and is in auto ancillary sector.
For long term investors, SL should be below 400 MCB and targets should be 1000++
GRSE - Darvas BoxAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Details provided on chart is only for educational purposes and not a trading recommendation
CDSL Bullish setupCDSL Is looking good in Parabolic Elliptical Breakout Pattern.
Can be accumulated till 2070.
Tgt expected
Tgt 1 : 2638±
Tgt 2 : 2778±
Shared it for educational purpose based on chart pattern and My STUDY.
Do your analysis from your side also.
This is not a BUY or SELL RECOMMENDATION from my side.
Lupin - upside breakout of consolidation rangeLupin has pierced the resistance line yesterday, and there is a clear breakout.
One should initiate a long position when price is above the previous high, if closing above previous high with bullish candle gives us price confirmation also.
Pattern will fail if close below the resistance line.