Breakouttrading
FINOLEX INDUSTRIES by KRS Charts18th October 2024 / 11:45 AM
Why FINPIPE ❓
1. All over Uptrend Stock since listed.
2. Recent bottom with Cup & Handle Pattern Breakout and Retest with Strong Green Candles with Strong Volume 👍
3. 283 Rs nearest Good Support
4. Better Entry zone marked as we can see in the Chart.
Target - 400 + Rs
SL - 260 Rs Closing Basis
Cigniti Technologies Ltd - Long Setup, Move is ON...#CIGNITITEC trading above Resistance of 1119
Next Resistance is at 1487
Support is at 751
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BITCOIN IS NOW READY TO MAKE A NEW HIGHER HIGH AFTER BREAKOUTBTCUSD SHOWING A GOOD
UP MOVE WITH 1:6 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
GRSE: Approaching Breakout from Consolidation with Bullish SetupThe stock has been in a strong upward trend, forming a peak on July 5, 2024, followed by a consolidation phase characterized by a lower low, lower high structure.
Key Observations:
A) Counter Trendline (Green Line):
I’ve drawn a counter-trend line representing the main setup to watch. A potential breakout from this line could signal a strong bullish continuation.
B) Hidden Parallel Channel (Pink Lines):
The stock was previously moving within a hidden parallel channel, with the upper pink line acting as resistance and the lower as support. The stock has now successfully broken above this hidden resistance.
C) Sideways Contraction Pattern (White Lines):
The stock is also in a sideways contraction, which I've marked with white lines, indicating a narrowing price range. This area is crucial for observing price action as the stock attempts to consolidate before its next move.
Current Status:
The stock is attempting to break above the green counter trendline (A), which serves as the primary setup for this trade.
It has already moved out of the hidden resistance (B) but is still trading below the white lines of the sideways contraction pattern (C), so it remains on the watchlist.
Volume remains moderate for now, but I’m waiting for a potential volume spike to confirm the breakout.
This is a key moment to watch for a potential entry if momentum and volume align
Gulf Energy Development : Next Target is 69 THB, Fibonacci levelIn Gulf Energy Development, Falling Wedge Pattern Breakout and Reached the Target with +34% Profit. Now market Breakout above the Resistance level, so Next Target is 1.6 Fibonacci levels 69 THB.
I want to help people to Make Profit all over the "World".
Nalwa Sons Investments Limited - Breakout Setup, Move is ON...#NSIL trading above Resistance of 5041
Next Resistance is at 10381
Support is at 4367
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IIFL Securities Ltd - Breakout Setup, Move is ON...#IIFLSEC trading above Resistance of 415
Next Resistance is at 655
Support is at 282
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MCX - Breakout Setup, Move is ON...#MCX trading above Resistance of 6457
Next Resistance is at 7809
Support is at 5105
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Anand Rathi Wealth Ltd - Breakout Setup, Move is ON...#ANANDRATHI trading above Resistance of 4226
Next Resistance is at 5147
Support is at 3413
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Precision Camshafts Ltd - Breakout Setup, Move is ON...#PRECAM trading above Resistance of 292
Next Resistance is at 456
Support is at 177
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Nalwa Sons Investments Limited - Breakout Setup, Move is ON...#NSIL trading above Resistance of 4367
Next Resistance is at 5041
Support is at 3276
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IIFL Securities Ltd - Breakout Setup, Move is ON...#IIFLSEC trading above Resistance of 258
Next Resistance is at 415
Support is at 173
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Anand Rathi Wealth Ltd - Long Setup, Move is ON...#ANANDRATHI trading above Resistance of 3769
Next Resistance is at 4226
Support is at 3233
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MCX - Breakout Setup, Move is ON..#MCX trading above Resistance of 5182
Next Resistance is at 6457
Support is at 3980
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Upside Breakout in Privi Speciality Chemicals LtdPrivi Speciality Chemicals Ltd NSE:PRIVISCL
The price has broken upward out of a trading range, suggesting the beginning of a new uptrend.
The Upside Breakout pattern features a trading range where prices move sideways between two parallel horizontal lines. This pattern typically indicates a pause or congestion area within an existing trend, though occasionally it results in a reversal of the previous trend.
Regardless, an upside breakout through the upper resistance line signals the end of the consolidation period and the onset of an uptrend.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
MUFTI | Credo Brands Marketing by KRS Charts13th Sept 2024 / 12:16 PM
Why MUFTI ❓
1. Was Correcting since listed and completed Elliot Correction wave count 5 wave Structure.
2. More Important is after 5th wave it Made Higher Lows and Higher Highs.
3. MUFTI is currently sustaining above 100 EMA which also good sign to stay Bullish.
4. Giving Little early entry before Breakout of Cup & Handle Neckline but it worth if limited positions will create here. 🙏
Approx. Target will be Around 300 Rs but once Breakout exact target will be revealed 👍
OLECTRAOLECTRA - If you look at the history of the stock, there was a downfall from 2022 to March 2023, then the stock gave a breakout and a good move came, a similar pattern has formed
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
RSYSTEMSRSYSTEMS - Stock is breakout and that too with good volume
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.