NIPPON ASSET MANAGEMENT NAM[LONG]Breakout retest structure formed.
spike in volume during the breakout.
and low volume consolidation before the breakout.
favourable R:R
Breakoutretest
MAX HEALTHCARE ON WEEKLYAfter a massive upside channel rally MAXHEALTH is ready to breakout retest one may enter here around between 340 to 355 with a stoploss of 325 closing basis weekly ,Cooling off of RSI on weekly chart showing stronger upside rally .
AMARA RAJA BATTERY (GOLDEN CROSSOVER)1. Every thing what you need for trade.
2. This is my long term perspective, please write your view into comment section.
Trading SYMMETRICAL TRIANGLE, PHALASymmetrical triangle is a continuation pattern which if formed in uptrend or downtrend shows continuation of the trend.
Gave a breakout and now it is in retest zone. ACCUMULATE only if it sustains or closes over the respective zone or wait for a green confirmation candle. Happy investing!
V-MART : Swing OpportunityNSE:VMART is trading in a range after a huge volume breakout. The scrip is now at key support level taking multiple support at the previous resistance (S/R flip). The stock is also forming a descending triangle pattern. The volume is very less on consolidation. One can go long at CMP however this is a little risky bet as there is also one more support level at 3100 levels.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
ADANIENT : Swing trading opportunity!NSE:ADANIENT has given a breakout of symmetrical triangle pattern and currently retraced to its breakout level. The stock has also taken confluence of support from previous resistance level and Fibonacci 50% retracement level. The stock looks good at CMP with minimal stop loss and maximum reward. This is a little risky bet but looks good to me. If you notice the stock has also formed kind of W pattern.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
BSE Ltd : Swing Opportunity with good Risk Reward setup NSE:BSE look good to long at CMP. The stock after a good breakout from symmetrical triangle , has now retraced to the breakout level. Volume on the downside are very minimal as mentioned in the chart which implies there is no bearish pressure. The stock most probably will rally from here however the overall market should support.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
NOCIL - 3.5YR BREAKOUT RETEST ON A C&H PATTERN
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Apcotex - 6yr breakout Retest
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
ZOMATO - Darvas Box Breakout Retest + 2 Inside Bars
The stock declined after breakout on good volume, only to retest the BO zone. It has made 2 inside bars at the breakout point on very low volume. Likely to pick up from here. Offers very good RR.
MOREPENLAB || Multiyear Breakout || Another Opportunity?Technical:
1)Breakout from Stage I - Consolidation zone after 19 years with good Volumes.
2)Breakout Retest with Volume dry-up.
3)Reversing from 61.80% Fibonacci Retracement.
Fundamental:
1)Posting good Quarterly as well as YoY results.
2)Substantial increase in ROCE.
3)Reduced its Debt and approaching Debt free.
4)Positive Cash Flow.
Excellent Stock to look forward to!!
BHARTI AIRTEL WEEKLY Chart showing strength for multi year breakout and in current pattern, it is showing breakout test done . will head upto near new high .
just my opinion trade on ur own .
Sudarshan Chem - 3yr Breakout Retest on massive volumeNews: Finance ministry levies Anti-dumping duty on
Natural Mica based Pearl Industrial Pigments.
Sudarshan Chemicals is the sole producer of pigment in the country.
Shot up on Axis buying 1% stake in the stock.
BUY GUIDANCE:
Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
AIRTEL Closing above the BREKOUT {support} zone highly indicating the sign of BREAKOUT RETEST , will it bounce back from here ?
I BELIEVE FOR SURE IT WILL BOUNCE BACK . CMP 612
JM Financial - 3yr Classic Diamond Pattern Breakout RetestBUY GUIDANCE:
Never buy before 3PM (I have been burnt over and over). Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
CONCOR Breakout Reteston weekly chart it has touched 20W MA and also retesting support after breakout.
600-630 will act as support on weekly chart.
RSI indicates bullishness on Weekly chart.
VEDL - Monthly BreakoutVEDL successfully Breaking out of Multiyear pattern (11 Years old TL) on closing basis.
Kilitch Drugs - 2yr Breakout retestSL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
SBIN - 11yr BO Retest with 5mth C&H and 1mth VCPSL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Bhagiradha Chem - 3yr BO retest with Double bottomThe stock is showing interesting price action. From here on, wait for volumes to drop very low, or wait for the price to breach the short term upper resistance (whichever happens early), and then take entry. Price action explained on chart.
Mkt Cap ~ 600Cr
D/E ~ 0.1
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Tata Power - 9yr Breakout RetestThe stock seems to be consolidating above its breakout area. The breakout resistance has turned into a strong support. Safe to buy on a closing above 127.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Shakti Pumps - 3yr Breakout RetestThe stock gave a clean rounding bottom breakout with big volume bars, even created a cluster of volume (a good sign). Pulled back to breakout area on low volume. Stabilizing around the breakout retest. The volume RSI is at its support level, making a possible double bottom. Could start its run up when markets end the bearish streak in coming days.
FUNDAMENTALS
Excellent fundamentals. Going to benefit from Govt scheme (KUSUM) meant to replace Agriculture Diesel pumps with Solar Water pumps and Solarise Grid connected Agriculture pumps. Did 50000 out of the govt target of 1lakh in FY21.
Though Govt is targeting for 20 lakh pumps by FY22 (this is unlikely to happen). Still, FY22 targets will easily beat FY21 and hopefully more will happen in next 3 years while they are in power.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Cholamandalam Inv - Expecting a reversalCholamandalam Inv is expected to have a reversal breakout from its bottom support, so give an entry with appropriate Stop loss only after a clear bullish candle from its bottom
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
