Banco Products (i) Limited - Breakout Setup, Move is ON...#BANCOINDIA trading above Resistance of 860
Next Resistance is at 1998
Support is at 637
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
Banco Products (i) Limited - Long Setup, Move is ON...#BANCOINDIA trading above Resistance of 637
Next Resistance is at 860
Support is at 415
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.
EMMBIEMMBI :- Falling wedge type structure has formed and is consolidating by giving breakout, chances of upside movement are high
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.
COROMANDELCOROMANDEL :- The stock has given a breakout with a strong candle and has also formed a cup and handle pattern
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.
ORIENTAL HOTELS : Chart Pattern Breakout#ORIENTHOT #Swingtrade #breakout #Chartpattern #Trendingsetup
Orienthot : Swing Trade
>> Inverse Head & Shoulder pattern
>> Trending setup
>> Good Volume & Strength
>> Good Risk Reward Trade
Swing Traders can lock profits @ 10% and keep trailing
Note : In Current Market Scenario, Breakouts can easily fail so Trade Good Setups with Proper Risk Management and Position sizing
Disclaimer : This is not a Trade recommendation, Charts Shared are for Learning Purpose
SwingTrendlines:
An orange ascending trendline connects the series of higher lows since mid-2023. This indicates a strong uptrend, with the stock consistently moving upwards.
The red horizontal line represents a significant resistance level near ₹3,127.90. This is where the stock previously faced selling pressure or consolidation.
Breakout Potential:
The stock is currently near the resistance zone, attempting to break out above the ₹3,127.90 level. A confirmed breakout above this resistance with increased volume could indicate further upward movement.
Volume Analysis:
There is a noticeable spike in trading volume, which often suggests increased investor participation. High volume on a breakout validates the move and strengthens the bullish sentiment.
Candlestick Pattern:
Recent green candles with long bodies indicate strong buying momentum. A weekly close above the resistance level would confirm a bullish breakout.
Interpretation:
If the stock closes above ₹3,127.90 with strong volume, it may target higher levels, potentially testing previous highs near ₹3,800.
Conversely, if it fails to break the resistance, it might retrace to the orange trendline support or consolidate before the next move.
Trading Consideration:
Buyers: A confirmed breakout above ₹3,127.90 with increased volume is a buying opportunity for momentum traders.
Stop-Loss: Place a stop-loss below the trendline (e.g., ₹2,900).
Targets: Short-term target near ₹3,500 and longer-term target near ₹3,800.
This analysis is based on technical patterns and doesn't account for company fundamentals or external market factors. Always conduct your research or consult with a financial advisor before trading.
PARADEEP : Stage 1 Breakout Continuation#PARADEEP #breakout #trendingstock #momentumtrade
PARADEEP : Swing Trade
>> Stage1 Breakout + Rally now consolidation
>> Ready for Continuation
>> Trending setup
>> Good Strength & Volume
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Note : In the current Market Scenario even the best of Trading setup's can fail so Trade only Good setup's with proper Risk Management, set of rules for Stop-loss & proper position sizing.
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
CCL : Swing Trade#CCL #swingtrade #breakout #trendingstock
CCL : High Probability Trade
>> Trending Setup
>> Good Base Candles at 10 EMA
>> Volume Dry Setup
>> 1:3 Risk Reward Trade
>> Good Strength in Stock
Swing Traders can lock 10% profit & keep trailing
Note : In the current Market Scenario even the best of Trading setup's can fail so Trade only Good setup's with proper Risk Management, set of rules for Stop-loss & proper position sizing.
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
RAMCOM CEMENTS long idea Hi All
Ramco Cements (RAMCOCEM) is currently trading around the 800 level, which presents a favorable buying opportunity. The stock is expected to find strong support at this level, indicating a potential upward movement. With a target price of around 950 in the short to medium term, investors can anticipate a significant upside potential. Additionally, a second target of 1050 provides an even higher potential return on investment. To manage risk, a stop-loss order can be set at 710, ensuring downside protection in case the trade moves against expectations. Overall, Ramco Cements presents an attractive trading opportunity with favorable risk-reward dynamics.
Target 1: 950
Target 2: 1050
Stop-loss: 710
Thank you
Solana Next Target is 202, 251 USD.. Triangle Pattern BreakoutSolana has formed a Triangle Pattern and Breakout, with the Next Target at 202 USD and a Final Target of 251 USD. Take advantage of this Great Opportunity to Earn a Potential Profit of +45% ROI and Overall +74%ROI. Check my Previous Analysis below, already reached the first Target at 174 USD with (+20% Profit).
This is a Long-Term Analysis, it's important to follow Trend continuation techniques.
I want to help People Make Profit all over the World.
PREVIOUS ANALYSIS : Before & After,
DCAL - Strong Resistance Breakout on Daily ChartDCAL has broken out of the ₹200–₹212 resistance zone with strong bullish momentum.
A gap-up breakout ("Run Away Gap Created") is accompanied by a significant increase in volume, signaling strong buyer interest.
Higher Lows (HL):
The chart shows consistent higher lows, indicating a strong uptrend and accumulation phase prior to the breakout.
Stage 2 Breakout:
The price has entered a new stage of momentum, with potential targets at higher resistance levels (₹240 and ₹254).
Support Levels:
Immediate support is at the breakout zone of ₹190–₹200.
Stronger support lies at the upward trendline near ₹180.
Trade Setup for Next Week:
Entry Point:
Ideal entry is ₹212–₹215, post breakout confirmation, ensuring the price sustains above the resistance zone.
Targets:
First Target: ₹240 (minor resistance area).
Second Target: ₹254 (major resistance, "Stage 2 Breakout Level").
Stop-Loss:
Place a stop-loss just below the breakout level at ₹190, as a breach would invalidate the breakout.
Exit Plan:
Short-term traders: Exit around ₹240.
Medium-term traders: Hold for ₹254, using a trailing stop-loss to secure profits.
Summit Securities Limited - Breakout Setup, Move is ON...#SUMMITSEC trading above Resistance of 3215
Next Resistance is at 4838
Support is at 2062
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.
Ganesha Ecosphere - Breakout Setup, Move is ON...#GANECOS trading above Resistance of 2332
Next Resistance is at 2763
Support is at 1785
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.
Ganesha Ecosphere - Breakout Setup, Move is ON...#GANECOS trading above Resistance of 1785
Next Resistance is at 2332
Support is at 1363
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.
SASKEN - Base On Base BreakoutThe stock has formed a 126-week rounding bottom pattern, indicating a long-term bullish reversal.
This classic pattern suggests a shift in sentiment from bearish to bullish.
Breakout Confirmation:
The breakout occurred above the major resistance level of ₹1,750, supported by a significant rise in volume, validating the bullish move.
Post-Breakout Consolidation:
After the breakout, the stock consolidated for 38 weeks, forming a base. This indicates accumulation and a healthy continuation of the uptrend.
Support and Resistance:
Support: The ₹1,750 level, which acted as resistance during the pattern, is now a strong support zone.
Targets:
Target 1: ₹2,202.90
Target 2: ₹2,352.95
Target 3: ₹2,575.90
Volume Analysis:
The breakout was accompanied by a spike in volume, signaling institutional participation.
Sustained volume is crucial for further upward movement.
Trend Projection:
The stock is likely to continue its upward trajectory, as shown in the chart’s projected path.
Minor pullbacks may occur, but the overall trend remains bullish as long as support levels hold.
Bitcoin Breakout the Channel Pattern. All-Time High ???A Channel Pattern has formed, and a Breakout occurred above the Pattern. Next, the market is expected to reach the Resistance zone. If the market Breakout above the resistance zone, Bitcoin is expected to enter a very Bullish Uptrend and Possibly reach an All-Time High.