Breakoutstocks
BHELNSE:BHEL trying to break abv bullish pennant. Stock can give some bullish momentum abv 76.5
Towards Higher end of Trend channel.
Trend Line BreakoutMEP infrastructure consolidated over 50 days moving average then increases and running above 50 DMA
Stock given trend line breakout
RSI positive
MACD giving buy signal
Running above 50 DMA
SJVNDISCLAIMER: Iam not a sebi registered research analyst, trade at your own risk, this is for educational purpose only.
NSE:SJVN
stoploss 32.70
target 40++
Breakout Stocks to Trade KPIT TECHConsolidation breakout in KPIT TECH.IF price closed above 732 levels we can expect further good move.
Disclaimer : This is only for Educational purpose do your own analysis before trading.
Manappuram might give a strong breakout.Keep an eye on the breakout of the trendline. i.e. 105
Trend might change.
Low-risk setup.
AARTIDRUGS - Long viewA quick view:
Good time to enter this stock.
Buy above 512 for a target of 550 with a stop loss of 465 or below. 530 levels should provide some resistance so would advise to book half your profits at around those levels.
MUTHOOTCAP - Long viewThe price has been in a downtrend and finally managed to reverse.
Now there has been a recent fall from the levels of 269 and we are about to witness a pullback.
So for the pull back to be successful we need the price to close above these levels.
We may face some rejections at 278 levels but a strong pullback should break through that level.
On a long term view 374 would be an ideal target with a stop loss of 233 or below.
GOKEX - Long viewThere has been a breakout of a consolidation with the average amount volume.
414 is an area of resistance that has been marked on the chart.
So if you want to go long then consider the fact that the price has just closed above the EMA200.
Above 414 would be a good point to enter this counter with a stop of below 385.
437 would be the next target and if that has been taken out then we can expect 473 and then further target of 520
Escort Breakout from Supply AreaEscort Breakout from Supply Area.
Target and SL is mentioned in Chart.
Look at chart carefully and trade with rules.
Rico Auto - Weekly Time FrameRico Auto
CMP: 58.05
T1: 62.65
T2: 74.20
T3: 87.30
SL: Black Trendline. (When a candle closes below black trendline on a closing basis)
Relaxo Footwear BullishWedge Pattern Breakout in Daily with good volume. Breakout and holding on the levels.
PG Electroplast BullishLong Consolidation Breakout in Weekly timeframe. Its already in parallel channel
Privi Speciality Chemicals BullishLong Consolidation Breakout in Daily Timeframe. Breakout from Parallel channel
Raymond BullishLong Consolidation Breakout in Rising Wedge Weekly Timeframe. No upper wick is seen which shows strong buying pressure!
MCLEOD Russel BullishTriangle Breakout in Weekly Timeframe. Good Volume though. No Upper wick shows buying pressure
Tilak Nagar Ind BullishInverted Head & Shoulder Neckline Breakout and Marbozou candle in weekly timeframe eventhough good selling happens!
Kalyan Jewellers India(KALN) breakout Kalyan Jewellers India Pvt Ltd (KALN) strong Breakout level
Triangle pattern break out @ monthly chart
Festival season upcoming days will help to move upside further
Time to go for long in Kalyan jewellers
BUY above 92
Next target 104 ,115,129
Thank you
Avanti Feeds: Ready to shootAvanti Feeds :
Is forming a strong symmetrical triangle pattern on weekly timeframe at LTP: 507.35 and has been taking continuous supports on the primary trendline(yellow-dashed) and is respecting the trendline ever since 2016 till 2022 today.
The sudden rise in shrimp demands from china and USA has overpowered company's exports with good receivables too. This has happened for first time since covid-19 when the company's exports are in demand majorly by china. Being the Market leader in Aqua Culture and seeing Demand for the culture and Supply capabilities of the company. The stock looks poised to witness an uprise now from fundamental and technical aspects.
Key levels:
Support 1: 475 (7% downside)
Support 2: 416( Crucial)
Resistance 1: 587
(14.62% gain; Expected Time : 1-2 months)
Resistance 2: 670
Resistance 3: 770 (52.37% gain; Expected Time : 3-6 months)
Oil& Natural Gas Corporation Ltd (ONGC)Oil And Natural Gas Corporation Ltd (ONGC) break out level @Day time frame
News : Oil and Natural Gas Corporation Ltd | The company has signed six contracts for Discovered Small Fields (DSF) in the Offshore under DSF-III bid round, with 3 each for fields in the Arabian Sea and Bay of Bengal.
Today watch ongc . Yesterday crossed with high volume and momentum
BUY above 134
Next target 137,141,144
