Amazing breakout on Weekly Timeframe - WIPROCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Do your own research and analysis before investing your hard earned money. Happy trading 4ever folks!
Breakouttrading
Amazing breakout on Weekly Timeframe - PGHLBreakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
Do your own research and analysis before investing your hard earned money. Happy trading 4ever folks!
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly Timeframe - ITICheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing chart pattern observed in longer TF - JYOTIRESI usually don't believe in patterns, since pattern trading era is gone. However, breakout works since price reacts first before the news.
It's just a perspective, a simple chart for pattern lovers.....
P.S: No Hate, only peace & Love for all traders out there!
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
Do your own research and analysis before investing your hard earned money. Happy trading 4ever folks!
Amazing breakout on Weekly / Daily Timeframe - MASTEKCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE.
PS: People who missed my first BO level, can re-consider this BO level when a proper candle close is seen in Daily TF
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Do your own research and analysis before investing your hard earned money. Happy trading 4ever folks!
Amazing breakout on MONTHLY Timeframe - KREBSBIOCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly Timeframe - CAPACITECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Technical Analysis for HUDCO (Housing & Urban Development Corpor
Chart Pattern: W-pattern breakout with strong volume
Key Breakout: 200 DEMA breakout confirmed
Trade Type: Swing trade for 6 months
Entry Strategy: Buy after breakout confirmation
Stop Loss (SL): ₹217
Targets:
Target 1: ₹275
Target 2: ₹299
Target 3: ₹343
Monitor price action and volume for sustained momentum. Adjust stop loss as the trade progresses.
#HUDCO #TechnicalAnalysis #WPattern #200DEMA #SwingTrade #StockMarket #BreakoutTrading #RiskRewardRatio #TradingStrategy
Radico Khaitan Ltd is showing strong bullish momentum.Radico Khaitan Ltd is showing strong bullish momentum and is trading near its all-time highs, presenting a potential breakout opportunity.
Ascending Trendline Support:
The stock has been consistently supported by an ascending trendline since mid-year 2024, indicating a strong uptrend. Multiple tests of the trendline (as shown by the green arrows) confirm its reliability as a support zone.
Current Pattern: V-shape recovery with positive momentum.
Breakout Level:
Daily close above ₹2,450 is significant, indicating readiness for the next leg up.
A successful breakout above this zone could propel the stock toward ₹2,620+
Support Levels:
Immediate support lies near ₹2,350 aligning with a recent low and the ascending trendline.
RSI (Relative Strength Index):
The RSI is near 67, which is below overbought levels, leaving room for further upside momentum before hitting overbought territory.
Key Levels and Strategy:
Entry Trigger: Place buy orders above Friday's high of ₹2,480 to confirm breakout continuation.
Target 1: ₹2,620 Target 2: ₹2,700+ if momentum sustains.
Stop Loss: ₹2,400 to manage downside risk.
Position Sizing: Ensure position size aligns with your risk tolerance. The trade offers a good 1:2 risk-to-reward ratio.
Considerations:
Volume Confirmation: Look for high trading volumes as the stock approaches breakout levels to validate the move.
Market Sentiment: Monitor broader market conditions and sector trends for alignment.
Risk Management: Stick to the defined stop-loss levels to safeguard against unexpected reversals.
Disclaimer -
The information provided herein is for educational purposes only. It does not constitute financial, investment, or trading advice. Consult a qualified financial advisor before making any financial decisions.
We are not liable for any monetary loss, that may arise directly or indirectly from the use of information provided.
Idea purely on technical basis + NewsThis idea is purely basis current price action + volume and news. No other factors considered.
NSE:DHANI has shown promising signs of a potential turnaround, indicating a shift in sentiment following a period of indecision or stabilization.
The Diamond Bottom pattern emerges amidst a downtrend, characterized by the formation of higher highs and lower lows within a widening pattern.
Over time, this pattern evolves as the highs reach a peak and the lows begin to ascend, leading to a gradual narrowing of the trading range.
Upon the breakout above the boundaries of the diamond pattern, there's a notable indication of a substantial reversal, marking the onset of a fresh uptrend.
Other things to consider at current situation
- Volume is increasing
- Trading above 10 EMA, 50 EMA and 100 EMA
News
Dated: March 18, 2024
- Submitted the building plans to the Directorate of Town and Country Planning (DTCP) for approvals of 60 lac sq ft of residential development saleable area in Sector 104, Gurugram located on 8 lane Dwarka Express way. The Project is proposed to be launched in July’
- Submitted the building plans for development of saleable area of 2.6 lac sq ft of office space in Worli, Mumbai. The Project is expected to be launched in August’ 2024.
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
Neuland Laboratories Ltd - Breakout Setup, Move is ON...#NEULANDLAB trading above Resistance of 15807
Next Resistance is at 19726
Support is at 11889
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.
Jagsonpal Pharmaceuticals Ltd - Breakout Setup, Move is ON...#JAGSNPHARM trading above Resistance of 706
Next Resistance is at 936
Support is at 506
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.
Aegis Logistics Limited - Breakout Setup, Move is ON...#AEGISLOG trading above Resistance of 807
Next Resistance is at 1167
Support is at 613
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.
Ceinsys Tech Ltd - Breakout Setup, Move is ON...#CEINSYSTECH trading above Resistance of 1232
Next Resistance is at 1749
Support is at 1088
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.
Neuland Laboratories Ltd - Breakout Setup, Move is ON...#NEULANDLAB trading above Resistance of 11889
Next Resistance is at 15807
Support is at 8289
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.
Jagsonpal Pharmaceuticals Ltd - Breakout Setup, Move is ON...#JAGSNPHARM trading above Resistance of 506
Next Resistance is at 706
Support is at 439
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.
63 Moons : Momentum Trade#63MOONS #breakout #swingtrade
63MOONS : Swing Trade
>> Breakout Soon
>> VCP pattern
>> Trending setup
>> Good Strength & Volume
Swing Traders can lock profit at 10% and keep Trailing
Pls Follow us and Give Boost if u like the analysis
Disc : Charts Shared for Study purpose only
Swing 1. Key Observations
Price Action: The stock is trading at ₹4,474.65 as of the chart date, reflecting a positive change of +₹110.10 (2.52% increase).
Trendline Breakout:
A downward trendline has been drawn connecting the lower highs (orange line).
The stock has broken above this trendline, suggesting a potential reversal of the downtrend.
Support and Resistance:
Resistance: The stock has moved above the resistance zone at ₹4,476.45. Sustaining above this level could confirm bullish momentum.
Support: A key support zone is visible at ₹3,763.35 (horizontal orange line). This level has held during previous pullbacks.
2. Volume Analysis
The trading volume below the price chart shows an increase in activity during recent upward price moves. This supports the breakout and indicates strong buying interest.
3. Moving Averages (Implied)
The chart does not explicitly show moving averages, but the overall price action indicates that the stock is likely above shorter-term averages (e.g., 20-day, 50-day), signaling short-term strength.
4. Possible Scenarios
Bullish Scenario:
If the stock sustains above the ₹4,476 resistance, it could target higher levels.
Positive sentiment in the defense sector, supported by government orders and HAL's robust financials, may fuel further upside.
Bearish Scenario:
If the breakout fails and the stock moves back below ₹4,476, it could retest the support level near ₹3,763.
5. Conclusion
This chart suggests a potential reversal from a downtrend. Traders may look for confirmation of the breakout by observing if the stock sustains above the resistance with strong volumes. The overall sentiment remains bullish, supported by HAL's strategic importance and favorable sectoral tailwinds.
JUBLPHARMA Breakout after 2018Below are the some points to go through for better analysis:
1. Breakout after 2018
2. Risk Reward is almost 2.5.
3. Did not fall even Nifty fall
Disclaimer:
Content shared on or through social site channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Swing This chart represents Kabra Extrusion Technik Ltd. on a weekly timeframe. Here's a brief analysis:
Trend Overview:
The stock was in a strong uptrend from early 2021 to mid-2022, reaching higher levels with increasing volume.
It then entered a consolidation phase with lower highs, forming a descending triangle-like pattern.
Key Levels:
Support level: Around ₹450 (black horizontal line), which the stock has respected multiple times during the consolidation phase.
Resistance level: Around ₹510-516, where it is currently trading after breaking out of the descending trendline (orange line).
Breakout:
The stock has shown a breakout above the descending trendline with a strong weekly close at ₹509.90, gaining 8.76% in this session. This indicates a potential trend reversal.
Volume Analysis:
Increased volume during the breakout suggests strong buying interest and the possibility of further upward momentum.
Outlook:
If the stock sustains above ₹510, it could aim for higher targets.
A retest of the ₹510 level is possible before moving upward.
Failure to sustain above ₹510 might see the stock pulling back towards ₹450 support.
This breakout aligns with a bullish scenario, provided the resistance is successfully converted into support.