INDIAN HOTEL : BREAKOUT AWAITED - TRADE WITH RISK REWARD OF 1:5 Price has shot up in a narrow channel and facing resistance at key levels.
Price has tested this resitance thrice and looks like now is in a position to break this resistance to
give a upmove of 15 %.
Risk Reward & Stop loss mentioned in the chart.
Breakoutsignal
Possibility of a breakout in CANBKPossibility of a breakout in CANBK.
Entry: 255
Target 1: 300
Target 2: 370
Target 3: 418
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Parallel channel Breakout Expected in Sundram FastnerHello friends,
As per the chart , it is parallel channel Breakout Expected in Sundram Fastner. One can go long with tomorrow target of 980+ and short term target 1100 Sl is 875.
I am expecting it to break the current parallel channel this time. Earning is expected tomorrow 1st Nov 2022.
Please do your own risk analysis and then buy on your own wish.
Amarajabat multiple breakouts stay tuned! YES!!! this is a trend reversal
18 months old trendline breakout
Huge volumes at breakout
Breakout after numbers
head and shoulder breakout above 588
Above 50 ema
Above 200 ema
Wait for a confirmation of resistance breakout and we can go long!!!
HFCL - Double Digit + Smallcap + Breakout Soon 📊 Script: HFCL (HFCL LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY SMALL CAP
📊 Sector: Telecommunication
📊 Industry: Telecom - Infrastructure
DAILY TIMEFRAME
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD line is taking support of signal line and bounce back from there.
📈 Double Moving Averages already giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Script is going to give breakout of ascending triangle in Weekly and Daily chart.
📈 Current RSI is around 64.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 82.70
🟢 Target 🎯🏆 - 95
⚠️ Stoploss ☠️🚫 - 75
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
TATA COMMUNICATIONS LTD - Long Term + Cup & Handle Breakout Soon📊 Script: TATACOMM (TATA COMMUNICATIONS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY MID CAP
📊 Sector: Telecommunication
📊 Industry: Telecom - Infrastructure
Key highlights: 💡⚡
📈 Script is about to give cup & handle breakout, technically script is looking good for long term investment.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1258.95
🟢 Target 🎯🏆 - 1400
⚠️ Stoploss ☠️🚫 - TRAILING
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Gravita: Breakout ReadyThis relatively less known stock NSE:GRAVITA is showing some pretty interesting breakout ready pattern.
Reasons (Many ways you can view it)
A head-and-shoulder pattern formation near-to-breakout
Rounding Bottom formation completes since Feb'2022.
Closed above a long-term resistance line around 380.
Buy above 388, SL: 379.
CONCOR: Confluence of multiple Bullish PatternsNSE:CONCOR looks extremely bullish in weekly timeframe.
And note: There is a mulling over Govt for the potential disinvestment of CONCOR to reduce Govt shareholding from 55% to 34% and relinquish the management control to strategic buyer(s). Looks like market is factoring that in.
There is a 5 years long monthly trendline shown as the green slanted line
Then in weekly it creates a confluence of multiple bullish breakout pattens: W pattern, Cup-and-Handle, Ascending triangle - all points bullishness.
COI (Cumulative Open Interest) is showing sufficient long build up in Nov contract.
One can put a SL of 690 for a target of 785 and 840 thereadfter.
Please note: The bullish buildup seems in the anticipation of the disinvestment.