Firstsource Solutions Limited - Breakout Setup, Move is ON...#FSL trading above Resistance of 296
Next Resistance is at 380
Support is at 210
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.
Breakouttrading
Ashok Leyland Ltd - Breakout Setup, Move is ON...#ASHOKLEY trading above Resistance of 250
Next Resistance is at 384
Support is at 167
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.
Foseco India - Breakout Setup, Move is ON...#FOSECOIND trading above Resistance of 4799
Next Resistance is at 6319
Support is at 3279
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.
Sandhar Technologies Limited - Long Setup, Move is ON...#SANDHAR trading above Resistance of 451
Next Resistance is at 652
Support is at 340
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.
Firstsource Solutions Limited - Breakout Setup, Move is ON...#FSL trading above Resistance of 250
Next Resistance is at 296
Support is at 187
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.
Ashok Leyland Ltd - Breakout Setup, Move is ON...#ASHOKLEY trading above Resistance of 191
Next Resistance is at 250
Support is at 151
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.
Foseco India - Long Setup, Move is ON...#FOSECOIND trading above Resistance of 3279
Next Resistance is at 4799
Support is at 2264
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
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.
DRREDDY is ready for fireIn today's trading session, the price has given a breakout of a falling trendline and flag and pole pattern. The price is trading above 14 EMA. MACD is turning positive.
Keep a close watch.
Disclaimer- I am not a SEBI registered technical analyst and adviser. Kindly trade on your risk.
Nykaa Share Looking good Market Cap
₹ 57,174 Cr.
Current Price
₹ 200
High / Low
₹ 204 / 130
Stock P/E
1,772
Book Value
₹ 4.42
Dividend Yield
0.00 %
ROCE
6.84 %
ROE
2.44 %
Face Value
₹ 1.00
Debt
₹ 969 Cr.
OPM
5.42 %
Promoter holding
52.2 %
Sales growth
24.1 %
Profit growth
67.6 %
Industry PE
44.5
Pledged percentage
0.00 %
Reserves
₹ 977 Cr.
Sales growth 5Years
41.9 %
Profit Var 5Yrs
27.1 %
Return over 6months
24.0 %
High price all time
₹ 429
Working capital
₹ 1,224 Cr
GICRE - Swing Trade Analysis - 28th July #stocksGICRE (1W TF) - Swing Trade Analysis given on 28th July, 2024
Pattern: CUP & HANDLE SETUP
- Weekly Support Zone Retest & Consolidation - Done ✓
- Strong Pullback candle with Volumes - Done ✓
- Weekly Resistance Trendline Breakout - In Progress
- Demand Zone retest for a Small SL and a better RR - In Progress
* Disclaimer
LT FOODS - Health BO w/ 40% upside possibility!Overview & Observation:
1. Strong breakout
2. RRR is favourable
3. Moving with weekly demand
4. Momentum is strong.
Trade Plan:
Entry = 248
SL = 215
TP = 280, 300, 350++
- 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
AFFLE INDIA LTD - Swing Trade Analysis - 29th June #stocksAFFLE INDIA LTD. (1W TF) - Swing Trade Analysis given on 29th June, 2024
Pattern: CUP & HANDLE BREAKOUT
- Resistance Trendline Breakout with Retest & Pullback - Done ✓ (Pattern within a pattern)
- Strong Volumes Buildup at Weekly Resistance Zone - Done ✓
- Multiple attempts to break the Weekly Resistance since 2022 - Done ✓
- Retest at Demand Zone marked for a small SL and a better RR - In Progress
* Disclaimer
ADANI ENERGY SOLUTIONS - Swing Trade Analysis - 30th July #stockADANI ENERGY SOLUTIONS (1W TF) - Swing Trade Analysis given on 30th July, 2024
Pattern: RECTANGLE BOX SETUP
- Weekly Resistance Breakout Initiated - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
GREENPLY INDUSTRIES - 2018 Potential Breakout Technicals:
RSI > 65 on all time frame
Huge Volume on daily time frame
Rising price with proper base formation
Fundamentals :
Promotor/ FII / DII : increasing stake for 3 consecutive Qtrs
EPS : Increasing 4 consecutive Qtrs
Sequential Targets : 420 / 460 / 510 / 580 / 660
SL : 350 (Will trail with target)
Thyrocare Technologies in Buying Zone with Strong Sales GrowthNSE:THYROCARE Thyrocare Technologies has shown a strong breakout after a long period of consolidation, supported by robust sales growth and consistent profitability. The stock is in a buying zone with strong volume, presenting a promising opportunity for investors.
Fundamentals:
Strong sales growth
Good dividend player
Consistent profitable growth
Technical:
Strong volume peak after consolidation, indicating potential buying interest
Stock is in a buying zone
May retest, so consider buying in small lots
Good liquidity
Spic on Potential Symmetrical triangle Breakout..!
SPIC has been consolidating in a channel pattern for last 2years in weekly chart. In daily chart formed a symmetrical triangular pattern and trying for a breakout following in a uptrend.
Potentially can reach upto the top of the channel 107rs. Maintain strict Stoploss 82rs which is below the triangle Pattern.
Lambodhara Textile Rounding Bottom BreakoutLambodhara Textile Ltd. Analysis
About the company...
Lambodhara Textiles Ltd was founded in 1994 with a capacity of 3,024 spindles. Over the years the company has grown in size and currently has a capacity of 37,856 spindles, with 33,224 spindles producing fancy yarns. The mill is fully modernized with state of art technology and infrastructure. They produce yarns in a count range from 10s to 60s. They specialize in manufacturing slub yarns, multi count and multi twist yarns, siro yarns and neppy yarns. They produce yarns using Polyester, Polyester variants, Viscose, Modal, Excel and Flax as raw materials.
Technical Analysis
Rounding Bottom
Breakout & Retest done at 120
Addition of volume
At very good and strong numbers
Setup
Cmp 159.3
Buy upto 140
For targets 180 / 200 / 230 / 255 / 275 / 300+++
CBSL can be 130
Regards..
Keshav Jain..
25/11/2023
Disclaimer & Risk Warning
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
Sudden Spike in Volume...
Breakout Stocks to Keep An Eye On - Nykaa & Balrampur ChiniNYKAA
The stock had been experiencing a significant consolidation period, during which it created an Ascending Triangle pattern.
Following a breakout, the price initially surged but encountered resistance around the 195 level, leading to a sharp pullback.
Subsequently, the stock price began to rise again but met resistance at the 187 level this time.
After a brief consolidation, it developed a Cup & Handle pattern.
Recently, a powerful breakout occurred, backed by substantial trading volume, indicating that the price is poised for a significant upward movement.
BALRAMPUR CHINI
The stock price experienced a significant pullback after it fell below the Rising Wedge pattern.
Following this, it entered a prolonged consolidation period, during which it developed an Inverted Head and Shoulders pattern.
After the breakout, the price initially soared but underwent a brief consolidation once more before breaking out again.
This movement also marks a breakout from the Rounding Bottom pattern, suggesting substantial upside potential for the stock.