Amazing breakout on Weekly / Daily Timeframe - RBACheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Breakoutsignal
Amazing breakout on Weekly / Daily Timeframe - HDFCLIFECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
Amazing breakout on Weekly / Daily Timeframe - INFYCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
Potential upmove - GILLETTEBreakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs.
Wait for weekly close above the breakout level.
Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
Natco Pharma Ltd: - A Prescription for Profits!Natco Pharma Ltd: From Cup to Breakout - A Prescription for Profits!
Technical Analysis:
Cup and Handle Formation: Natco just completed a textbook cup and handle pattern. It's like the stock was preparing a perfect cup of bullish tea, complete with a handle for easy holding!
Breakout: Hold onto your stethoscopes! Natco has broken out above resistance with more energy than a kid on a sugar rush.
Trend: The uptrend is so strong, it could probably cure the common cold (disclaimer: it can't, but wouldn't that be nice?).
Volume: Rising volume confirms the breakout. Traders are piling in faster than hypochondriacs at a pharmacy during flu season.
Support: Previous resistance at 959.80 now likely to act as support. It's like the floor and ceiling just played musical chairs!
Fundamental Factors:
Pharmaceutical sector seeing increased interest. Natco's producing more buzz than a beehive near a coffee plantation.
Potential new drug approvals or pipeline developments could be fueling this healthy rally.
Risks:
After such a strong move, a pullback is possible. Even the best medicines have their side effects!
Keep an eye on broader market sentiment and sector-specific news.
Trade Idea:
Consider long positions with a stop loss below the breakout level. Target the psychological 1,500 level - let's see if Natco can join the 1.5K club!
Remember, traders, timing in the market is like timing your antibiotic doses - crucial for the best results!
Key Levels to Watch:
New support (old resistance): 959.80
Next psychological resistance: 1,500.00
Stop loss consideration: Below 1,150.00
Disclaimer: This analysis is for educational purposes only. Always do your own research and manage your risk. Remember, the stock market, like the pharmaceutical industry, requires careful study and a strong stomach for volatility!
Stock Market Analysis Report: Godrej Agrovet Ltd. Hello, dear traders! Ready for a ride through the agricultural landscape with Godrej Agrovet Ltd.? Grab your tractors and let's plow through the technical analysis of this stock that has just broken through some serious multiyear resistance! 🌾🚜
Historical Context
For several years, Godrej Agrovet has been confined within a tight range, repeatedly hitting resistance around ₹750.00 without managing to break through. This resistance has acted like a force field, repelling the price every time it tried to move higher. But as they say, even the toughest barriers can crumble with persistent effort – and that’s exactly what’s happened here!
Price Action Overview
Chart Analysis
Current Price: ₹828.80
Monthly High: ₹841.95
Monthly Low: ₹675.00
Volume: 10.431M
Technical Analysis
Resistance Level: ₹750.00 (multiyear resistance, now potentially turned support)
Support Levels:
₹597.55 (former resistance)
₹417.85 (long-term support)
Volume: 10.431 million – indicating strong buying interest
The breakout above ₹750.00, reinforced by a surge in volume, suggests that this move is more than just a fleeting moment of excitement. This breakout could signify the start of a new upward trend.
What’s Next?
As Godrej Agrovet navigates new heights, here are a few key points for traders to watch:
Volume Confirmation: Continued high volume will strengthen the breakout's validity.
Price Consolidation: Look for the stock to consolidate above ₹750.00 before attempting further gains.
Price Targets
Immediate Resistance: ₹900.00 - The next psychological barrier.
Medium-Term Target: ₹1,000.00 - A significant milestone if the bullish trend continues.
Long-Term Target: ₹1,200.00 - Potential target if the stock maintains its upward momentum.
Market Sentiment: Keep an eye on broader market trends that could influence the stock’s performance.
Risk Factors
Despite the promising breakout, it’s important to stay cautious. False breakouts are like that one friend who always promises to meet you but bails at the last minute. To avoid any disappointments, ensure you have stop-losses in place and be prepared for potential retests of the breakout level.
Conclusion
Godrej Agrovet Ltd’s recent breakout above its multiyear resistance is a textbook example of a powerful bullish move. This could mark the beginning of a significant upward trend, bringing new opportunities for traders. As always, trade wisely and keep your risk management strategies in check. And remember, the stock market is full of surprises – just like when you find a forgotten chocolate bar in your fridge!
Power Mech Project Ltd: Charging Up the Charts Like a Supernova!
Technical Analysis:
Breakout: Holy circuit breaker, Batman! Power Mech just blasted through its resistance like a bull in a china shop full of lightbulbs!
Rectangle Pattern: After months of playing ping-pong between support and resistance, this stock finally decided to stop teasing and make its move.
Volume: Volume accumulation suggests traders are piling in faster than teenagers at an all-you-can-eat buffet.
Trend: The uptrend is so strong, it could probably bench press its own market cap.
Support: Previous resistance at 5,532.25 now likely to act as support. It's like the floor and ceiling just switched roles in this stock market dance!
Fundamental Factors:
Power sector seeing increased activity. Power Mech is lighting up portfolios brighter than a Christmas tree on steroids.
Potential new project wins or order book growth could be fueling this electric rally.
Risks:
After such a powerful surge, a pullback is possible. Even rockets need to catch their breath sometimes!
Keep an eye on broader market sentiment and sector-specific news.
Trade Idea:
Consider long positions with a stop loss below the breakout level. Target the psychological 6,000 level - let's see if Power Mech can join the 6K club!
Remember, traders, timing is everything in the market. You don't want to be the last one to show up at this high-voltage party!
Key Levels to Watch:
New support (old resistance): 5,532.25
Next psychological resistance: 6,000.00
Stop loss consideration: Below 5,400.00
Disclaimer: This analysis is for educational purposes only. Always do your own research and manage your risk. Remember, the stock market is like a rollercoaster powered by Power Mech - thrilling, but it helps to have a strong stomach and know when to exit!
Gujarat Containers - Week - Breakout from Symmetrical Triangle?Analyzed the weekly chart of Gujarat Containers Ltd. (BSE: 523108), which is showing a promising breakout from a symmetrical triangle pattern.
As you can see, the price has broken out of the Trendline recently and has performed a retest as well.
Bullish Divergence on Daily:
Recently a Divergence was also observed on the Daily Chart where the Price made a Lower Low while the RSI made a Higher Low.
The RSI has been on an upward trajectory since.
This setup looks quite promising for a continued upward move. What do you guys think?
Disclaimer: This analysis is for educational purposes and should not be considered financial advice. Always conduct your own research before making any investment decisions.
Multi year breakout - Must be on your watchlistAXIS Bank trading at 874 Levels
very strong breakout on monthly chart
if October month candle (which is going to close on 31st october)
closes above 880 level can see good move on 2023
Stop loss will be below the breakout candle
Do your own analysis before take a trade
Checkout an amazing breakout happened in an IPO Stock - GSLSUThe magic here is to make sure we are investing in an IPO stock which is about to fly for a long term. We are studying the trend and not jumping into the stock quickly. Instead we are waiting and placing the order in a particular BO level.
Catching the early birds in the stock market and not everyone (especially retail traders) can do it. The art is investing fixed amount equally in every stock and let the law of numbers work on compounding in the longer run,
Example: 5000/- invested equally in all Bo stocks where out of 15 stocks only 1-2 stocks goes beyond -50% SL, where rest of the stocks flys like an eagle. The secret recipe is "Patience with correct study" and "Large diversification" and "TIME"
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
PAISALO - DESCENDING TRIANGLE BREAKOUTHi All,
This idea is about Paisalo Digital Ltd
Fundamentals
Market Cap - 6976 Cr
Stock PE - 39
ROE - 14.3%
ROCE - 14.1%
Promoter Stake - 47.6
Promoter holding Change 3 Yr - 3.79%
Quick Ratio - 1.18
D/E - 2
Both Sales and EPS increased in FY24.
Technicals
Descending Triangle Breakout. Targets are marked as T1 & T2
Happy Trading,
Thanks,
Stock-n-Shine
Amazing breakout on Weekly / Daily Timeframe - LAURUSLABSCheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly / Daily Timeframe - FINEORGCheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level. THIS STOCK ALREADY CLOSED ABOVE THE BREAKOUT LEVEL LAST WEEK. RIGHT TIME TO INVEST.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly / Daily Timeframe - HOMEFIRSTCheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level. THIS STOCK ALREADY CLOSED ABOVE THE BREAKOUT LEVEL. RIGHT TIME TO INVEST.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly / Daily Timeframe - SBILIFECheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level. THIS STOCK ALREADY CLOSED ABOVE THE BREAKOUT LEVEL LAST WEEK. RIGHT TIME TO INVEST.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly / Daily Timeframe - CLEANCheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly / Daily Timeframe - SHYAMMETLCheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly / Daily Timeframe - IDEACheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly / Daily Timeframe - PAYTMCheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!