Breakoutstocks
KIRLOSBROS - Bullish Pennant FormationGood bullish Pennant formation. Pull back from all time high and consolidated in a falling wedge pattern, giving a breakout.
Risk reward ratio is very much favorable at 1:4 with the SL-closing below 345 and 1:2 with SL below the support trendline, targeting back to the All time high range of 500 LTP 372.
Please see weekly and monthly time frame view in the links below
DISCLAIMER - Please do make your own analysis before investing.
CEAT LTD for swing tradingStrong pullback in weekly charts we may expect rally will continue for short term.
DISCLAIMER:
Trading in Stock Market, Currency or Commodity markets is risky and there is every chance of losing money. One should only trade with a small portion of his or her money which he can afford to lose. Never put all your money in trading and never borrow money to trade.
Breakout in Tata MotorsPrice breaks out the consolidation zone.If market trend continues stock will perform.
Short term Target 462.70/532 SL below trend line.
Market always risky it derives under many factor. So, don't take any trade or investment decision based on recommendations. Do your own analysis before enter into the trade.
AEGISCHEM - Ascending Triangle BOAEGISCHEM
Buy-Above 220
Sl-190
T- 250 280 300+
The stock has been in a correction phase since Jun 2021. Bulls have showed their presence by making a bullish engulfing candle in weekly TF. Our entry is not completely based on candle but price action too. In daily TF there is a bullish price action building up. Stock has given breakout of ascending triangle. It has closed above 50 EMA in daily TF.
The stock looks for short term and mid term. Short term traders can easily get 15-16% move in a leg. Mid term traders can stick to it till targets are met.
Torrent Power BreakoutTorrent power is on the verge of breakout abv 590.
Entry can be taken if atleast a 10 mins candle sustain above 590 for intraday target of 610.
And entry only after the retracement.
All the levels are marked on the chart.
Disclaimer: All the analysis and levels are for educational purpose.
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