JTEKT India Ltd (Weekly Timeframe) - Potential ATH ??JTEKT is on an uptrend and have been respecting the support trendline as indicated. Since Dec 2022, the stock made several attempts to BreakOut of a major resistance zone and was successful once in Breaking Out and making an All Time High (ATH) in Jun 2024. As of last week the stock surged by 18+ % with huge volume. During this process the short-term EMAs did a positive cross-over. All of these are bullish signals.
During the coming week, if the stock is able to showcase bullish price-action then the stock may reach 179 levels. In a profit booking scenario, we may see the stock go down to 117 levels.
Keep watching for next week's price-action.
Breakoutsignal
POCL Weekly BREAKOUT For More information Visit my Tradingview Profile .
POCL Given a Rounding Bottom Pattern Breakout on weekly as well as on 1 day chart with good volumes . Company belongs to metal sector and metal sector in uptrend. So we can see 5 -10% good movement from here also in swing trading/holding for some days . 10 - 30 days . Keep Stoploss 5 -6% .
Incorporated in 1995, Pondy Oxides and Chemicals Ltd manufactures Lead Metal and Alloys and other Non-ferrous metals
Key Points
Business Overview:
POCL is in the metallic and non-metallic recycling industry as India’s largest secondary Lead manufacturer in Lead Alloys. Its core product, lead and lead alloys, is mainly used in making lead-acid batteries. Company converts scraps of various forms of Lead, Aluminium, and Copper into Lead Metal, Aluminium Metal, Copper, and its Alloys. It carries out smelting of Lead Battery scrap to produce secondary lead metal, which is further transformed into Pure lead and Specific Lead Alloys. Further, company also manufactures Zinc metal and Zinc Oxide.
NSE:DELHIVERY - Breakout in progressAfter consolidating at the resistance for over three weeks, the stock is finally ready to launch and break above the resistance.
Entry: Break & Retest of resistance OR pullback to 9EMA/21EMA
SL: 448 (below the consolidation)
Target-1: 510
Target-2: 550
Disclaimer: The idea is for educational purposes only and must not be construed as advice to buy or sell. Consult your investment advisor before making the decision. Investments are subject to market risks.
Trade Idea: Bullish Breakout for WAAREEENER (NSE)** IF you like my observation, please boost and follow for more content."
Trade Overview:
Instrument: WAAREEENER
Timeframe: 1-hour chart
Trade Type: Bullish Breakout
Entry Price: ₹3217.75
Stop Loss: ₹3075.10
Take Profit (TP): ₹3432.10
Target Duration: Possible hold time of 2 weeks.
1. Technical Analysis:
Breakout from Resistance:
The price action has shown a clear breakout from the resistance zone, depicted by the purple horizontal line at ₹3120. The breakout was supported by increasing volume, which is an important confirmation of strength in the upward movement. A breakout above this level suggests strong bullish momentum.
Strong Fundamentals:
This breakout is not just a technical move; there are solid short-term fundamentals backing this position. The order book is healthy, indicating strong buying interest at higher levels. Additionally, the current market sentiment seems to favor growth, which aligns well with the price action.
Trend Confirmation:
We’re witnessing a bullish trend confirmation. The current price movement is above the previous highs, which suggests further upward potential. The chart indicates the start of a trend that could continue for the next few weeks, aligning with the projected hold time of 2 weeks.
2. Risk-Reward Setup:
Risk:
The trade is managed with a reasonable stop loss of ₹3075.10. This is placed below the recent low, where the price seems to find support. A stop loss at this level helps protect from large losses in case the breakout fails.
Reward:
The potential reward is set at ₹3432.10, which is well above the breakout level. This level corresponds to a key resistance, and reaching it would offer a solid profit potential. The risk-to-reward ratio of this trade is favorable, providing a good opportunity for risk management.
3. Volume Confirmation:
Volume has been increasing as the price moves higher. This is a strong signal of institutional buying or significant market interest, which further strengthens the case for this breakout to hold and reach the take profit levels.
4. Conclusion:
This is a solid bullish setup based on the breakout above the resistance, accompanied by increasing volume, healthy market sentiment, and strong short-term fundamentals. The risk-reward ratio supports this trade idea, and the target of ₹3432.10 offers a clear upside.
Important Notes:
The trade might be subject to market fluctuations; therefore, ensure to monitor the price action closely.
If the price re-enters the resistance zone or shows signs of weakening, consider adjusting the stop loss or exit strategy accordingly.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ROHLTD
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Round Bottom Breakout in APOLLO
BUY TODAY SELL TOMORROW for 5%
Waaree Energies Limited - Near BreakoutIncorporated in December 1990, Waaree Energies Limited is an Indian manufacturer of solar PV modules with an aggregate installed capacity of 12 GW. WEL has five solar module manufacturing facilities in India, with international presence.
Fundamentals:
Market Cap: ₹ 97,343 Cr.
Promoter holding: 64.3 %
FII holding: 2.68 %
DII holding: 2.86 %
Public holding: 30.2 %
Debt: ₹ 1,199 Cr.
Debt 3Years back: ₹ 363 Cr.
Stock looks good on long term holding. Above 3740, All time high breakout and can give more upside movement. Targets are in the chart.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in SUMMITS
BUY TODAY SELL TOMORROW for 5%
KIRLOSBROS - BreakoutKIRLOSBROS has a breakout and ready to move up.
Market Cap: ₹ 16,140 Cr.
Promoter holding: 66.0 %
FII holding: 6.27 %
DII holding" 9.79 %
Public holding: 18.0 %
Debt: ₹ 182 Cr.
Debt 3Years back: ₹ 396 Cr.
Company is fundamentally very strong. Also DII and FII buying this stock.
Good to buy and hold for the long term.
Soon we can see 2400.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Cup and Handle Breakout in GEPIL
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in TGVSL
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in GPIL
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in NAVA
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in GODFRYPHLP
BUY TODAY SELL TOMORROW for 5%
INFY Bullish Setup** IF you like my observation, please boost and follow for more content."
Ticker: INFY
Time Frame: 1-Hour
Trade Type: Bullish
Entry Point: 1486.20
Target Price (TP): 1589.15
Stop Loss (SL): 1417.45
Risk-to-Reward Ratio (RRR): 1:1.5
Trade Setup and Rationale:
Market Context:
INFY has been showing signs of recovery, breaking out of a corrective phase. The price is currently positioned for a potential uptrend, supported by a significant bullish pattern forming on the chart.
Entry Point (1486.20):
The price has recently tested a support zone and is now showing signs of a strong reversal. The entry point is set just above this level, ensuring a confirmation of the bullish trend before committing to the trade.
Target Price (1589.15):
The target is set at a key resistance level where price is expected to face potential selling pressure. This level aligns with previous highs and is a reasonable place to lock in profits while riding the trend.
Stop Loss (1417.45):
The stop loss is placed just below the recent swing low, ensuring that the trade has a controlled risk. This placement minimizes the risk of getting stopped out in case of minor fluctuations while keeping the risk-to-reward ratio favorable.
Trade Logic:
The trade is supported by a bullish breakout pattern with increasing volume. After a period of consolidation, price action is showing signs of upward momentum, making this a high-probability trade setup.
The risk-to-reward ratio of 1:1.5 offers a balanced risk for the potential reward, providing a good trading opportunity with a well-placed stop loss.
Volume Confirmation:
Volume is showing a steady increase as the price starts moving upward, indicating that market participants are supporting the bullish move.
Trend Confirmation:
The trend is confirmed by the price breaking above previous resistance, and the bullish setup aligns with the market structure.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in SJS
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in STOVEKRAFT
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Round Bottom Breakout in WINDLAS
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Cup and Handle Breakout in RICOAUTO
BUY TODAY SELL TOMORROW for 5%
UNOMINDA – Daily Timeframe Breakout Idea (Resistance Zone Break)UNO MINDA LTD. has shown a breakout above a key horizontal resistance level on the daily chart, accompanied by a nearly 1.5 times volume surge near the breakout, as seen earlier, supported by strong momentum.
🔍 Breakout Context:
- Price broke above the ~₹1110 and 1120 horizontal resistance, which had held for over 6 months.
- Breakout supported by more than average volume and just above average range near the resistance zone.
- The price is also trading above both the 50- and 100-day SMAs, indicating strong trend continuation.
- This aligns with a bullish continuation setup.
📉 Trade Plan:
- CMP: ₹1149
- Entry: Near ₹1128
- Target: ₹1240 (~10% upside from CMP)
- Stop-Loss: ₹1079 (Closing Candle)
- Risk-Reward Ratio: ~1 : 2.2
India Cement cmp 367 by Daily Chart viewIndia Cement cmp 367 by Daily Chart view
- Support Zone 343 to ATH 355 Price Band
- Resistance Zone 372 to ATH 385 Price Band
- Falling Resistance Trendline hurdle with Resistance Zone
- Bullish Cup and Handle pattern by the Resistance Zone neckline
- Rising Support Trendline seems well sustained by price momentum
- *Volumes steadily close to avg traded qty, need to increase for fresh breakout*
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in STARCEMENT
BUY TODAY SELL TOMORROW for 5%