Breakouttrading
Potential Bullish Breakout in SAPPHIRE | Long 1550-1600Key Points:
Pattern Observed : Cup and Handle Formation with Ascending Triangle
Failed Retest : Cup & Handle Retest Failed, indicating strong resistance
Support Level : Ascending Triangle suggests strong support around 1550-1600
Entry Zone : My entry price is between 1550 to 1600 INR
Target Price : Projected target price is 1866.80 INR
Volume Analysis : Increasing volume confirming bullish momentum
Indicators : RSI currently at 44.98, indicating potential for upward movement
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Disclaimer:
Not SEBI Certified : This analysis is for educational purposes only
DYOR : Do Your Own Research before making any investment decisions
Disclaimer : Trading involves risks, and past performance is not indicative of future results
BBTC - Swing Trade Analysis - 12th August #stocksBBTC - BOMBAY BURMAH TRADING (1D TF) - Swing Trade Analysis given on 12th August, 2024
Pattern: FALLING WEDGE BREAKOUT
- Resistance Trendline Breakout - Done ✓
- Pullback Candle from Weekly Support Zone - Done ✓
- Volume Buildup at Resistance Trendline - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
TIPS INDUSTRIES - RRR Looks Attractive!Overview & Observation:
1. Rejection from demand zone.
2. EMA trend confirmation.
3. RSI strength and momentum confirmations.
Trade Plan:
1. RRR is good (1:5)
2. ENTRY= CMP
3. SL = 10-12%
4. TARGET = 50%++
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Triveni Turbine - Breakout Setup, Move is ON...#TRITURBINE trading above Resistance of 687
Next Resistance is at 816
Support is at 552
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.
Alkem Laboratories Ltd - Breakout Setup, Move is ON...#ALKEM trading above Resistance of 5578
Next Resistance is at 7474
Support is at 4565
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.
Cera Sanitaryware Limited - Breakout Setup, Move is ON...#CERA trading above Resistance of 10169
Next Resistance is at 11929
Support is at 8690
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.
Garware Hi-Tech Films Ltd - Breakout Setup, Move is ON...#GRWRHITECH trading above Resistance of 3146
Next Resistance is at 4964
Support is at 1816
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.
KFin Technologies Ltd - Breakout Setup, Move is ON...#KFINTECH trading above Resistance of 994
Next Resistance is at 1337
Support is at 698
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.
KFin Technologies Ltd - Breakout Setup, Move is ON...#KFINTECH trading above Resistance of 747
Next Resistance is at 994
Support is at 604
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.
Breakout in Garware Technical Fibres Ltd...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.
Tribhovandas Bhimji Zaveri Limited - Long Setup, Move is ON...#TBZ trading above Resistance of 125
Next Resistance is at 155
Support is at 102
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.