VBL-An ATH breakout in super bullish FMCG stock VBL has been a consistent outperformer among FMCG stock in this bull run.
As we can clearly see, stock is forming a beautiful staircase pattern(continuous flag pole) during the uptrend.
Stock has given breakout in closing basis of ATH. A good stock for quick momentum traders.
Not a recommendation.
If interested, do check the chart of RVNL which has shown a similar staircase pattern in past.
Bullishpattern
WESTLIFE - Breakout after 1 year (McDonald's India)WESTLIFE - Breakout is seen after 1 year in the daily timeframe. The stocks has been in a good uptrend and shows good signs of growth both technically and fundamentally.
Do you like McDonald's? Well - This company manages all the McDonald's stores in West and South India.
These are my personal views, please do your OWN research before making a buy/sell decision.
JYOTIRES - Breakout with good volume JYOTIRES - Breakout in daily timeframe observed after one year. The stock has consolidated for a few weeks before a huge-volume breakout.
The company has FANTASTIC fundamentals and great growth potential. There is a good upside in this stock, both in the short-team (catch momentum) and in the long-term (strong growth potential).
Please do your own research before making a buying decision. These are my personal views.
NYKAA going to boom; Min 40 % ROI; Swing Traders, Take a lookHuge potential is there.
For short term investment ;
Leave a " Like If you agree ".👍
Follow for regular updates.✌️
.
.
Wait for small retracement & daily candle to close above - "226"
.
.
If you are interested in investment now, go for it with proper risk,
.
.
.
Enter after market close above
"Yellow box" mentioned.
.
Wait for proper reversal and conformation.
.
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency " 💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
.
Refer over old posted idea attached below.
Trading setup for Tata Technology1. Lower Tops and Lower Bottoms: This pattern suggests that the stock was in a downtrend after its initial listing, with each high being lower than the previous high and each low being lower than the previous low.
2. Consolidation: Since July 2024, the stock has been consolidating at lower levels. This typically indicates a period of stabilization where the price is moving within a range, suggesting accumulation by investors. During this phase, the stock might not be making significant gains but is building a base.
3. Breakout: The stock has recently broken above the downtrend line with high volume. This breakout from a downtrend line, especially when accompanied by high volume, is often seen as a bullish signal. It suggests that buying interest is strong and the stock may be poised for an upward move.
4. Bullish Implications: The combination of consolidation at lower levels and a breakout with high volume can be interpreted as a positive signal. It indicates that the selling pressure has subsided and there could be potential for further gains if the bullish momentum continues.
Trade Setup:
Buy Entry: Consider buying the stock if it trades above ₹1040.
Stop-Loss (SL): Set your stop-loss at ₹980 to manage risk.
Target: The target is open-ended, meaning you expect the price to rise significantly, but you will need to monitor for potential exit points based on further analysis or changes in market conditions.
It’s always wise to stay updated with any fundamental changes or news that could impact the stock and adjust your strategy accordingly. Good luck with your trade!
***Disclaimer : This is my personal view, please trade after consultation with your financial advisor. I am neither a SEBI Register RA or RIA.
Regards
Arvind Kumar Yadav, Cfa
Arvind Share Academy
BETA - Breakout with a good upside potential BETA - Good breakout is observed in the daily timeframe. This company is a fantastic compounder and has excellent fundamentals and technicals.
There is an immediate upside of around 17% and it can also be a good option for long term holding.
Please do OWN your research before making a decision. These are only my personal views.
KRSNAA - Rounding Bottom BreakoutKRSNAA - KRSNAA DIAGNOSTICS LTD
Trade Type - Long Term (1 year to 1.5 year)
Trade Logic - Rounding Bottom Breakout
CMP - 726.90
Time Frame - Weekly
Target 1 : 815
Target 2 : 940
Target 3 : 1100
Target 4 : 1300
Stop : 630
Risk/Reward Ratio (1: 3.8)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
CNCRD - Ready for next swing?CNCRD - Concord Control Systems
I see that CNCRD is ready for it's next swing with an upside potential of approximately 50%
The company has excellent fundamentals and has strong clientele, both fundamentals and technical of this stock looks very good and will be a good swing trading opportunity.
VISHNU - Breakout after 2+ YearsVISHNU - Breakout in weekly timeframe after 2+ years. The company has broken out of a range and sustaining the breakout level the last few weeks.
Additionally, the company has strong fundamentals with a low PE when compared to the industry. The FIIs have also increased their position in the company. Overall, there is a good upside potential in the company in the coming weeks, months.
Bullish - BitcoinA triangle structure formation in 1hr timeframe with complete flat top and squeezing bottom shows the increasing bullish pressure and constant bear pressure at a fixed price range.
Breaking the flat resistance region with give a strong move upside and prices will easily sway to $61000 mark.
Do your research before taking a trade.
All the best!!!
USOIL - Small Buy Trade SignalM-Pattern formation is halfway completed. The Price now moving toward the neckline for retesting and continue its down trend.
We can take a small buy trade here.
Take exit near the ear of neckline and wait for the trend confirmation.
It is likely that the neckline will be broken and USOIL might start a wild bullish trend due to inflation data releasing today.
DO your own analysis before taking a trade.
BEST OF LUCK !!!
#RBLBANK, 2.5X Opportunity, 2 Patterns supporting thisSmall Sized Private Bank,
Available at Rs. 216
Face Value: Rs.10
Equity Capital: Rs. 600 crores
Previous High: Rs. 687
Inverted Head and Shoulder Pattern, Price currently available at bottom of shoulder.
High Chances of Reversal to complete the pattern that will open the doors for 500+ Price according to the pattern.
images.app.goo.gl
I did a similar research on #INDIANBANK in November 2022 when it was trading at Rs. 198 and currently trading at 560 and charging for 700+ in times to come.
Inverted Head and Shoulders Bullish Pattern - "Gokaldas Exports"
✅ Small cap stock
✅ Above 20 moving average (blue line)
✅ Near Breakout Point
✅ Bullish Pattern (Inverted Head and Shoulders)
✅ High ADR
✅ Good Liquidity
⚠️ Earnings Release Date soon (6th August)
Note - Volumes on 11th July were extremely high 4.6M compared to ~300K average daily volume.
Symbol - NSE:GOKEX
Disclaimer - Sharing this for my own research and study. I am not SEBI certified.
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.
BITCOIN LAST DOWNTREND CYCLEAs Per #Bitcoin 1-day chart analysis, it is CRYPTOCAP:BTC last cycle towards downtrends around $62k-63k approx. within next 4-5days and after that, #Bitcoin starts moving towards their Uptrend cycle of #BullRun, again in Zig-Zag mode of some little Ups-Downs as per #Elliott #ImpulsiveWave with from 5-7 August onwards upto Feb. 2025 and then its #CorrectionWave starts afterwards of #ElliottWaves pattern.
So, take little bit of patience more and just be ready for a big ride of #CryptoMarket Bull-Run soon with #Altcoins market too.
And, always Trade with #StopLoss and #DYOR before investing into any Crypto Assets.
As well,
Like Share and comments on chart analysis too...
Sectoral Analysis-Nifty ITA sectoral analysis after quite long time.
I had previously covered Nifty Pharma & Nifty Energy which have outperformed Nifty.
However, Nifty IT has largely underperformed in the last 2 years as compared to broader indices mostly because of recession in western countries.
The sector is in consolidation since last 3 years and all the investors of large cap IT companies have been waiting for a breakout to happen.
If the chart of Nifty IT is analyzed, we can see a possible cup and handle formation.
Once Nifty IT index breaks 35500, handle breakout would be confirmed and we can expect 36800, 37450, 38700++ targets.
Midsmall cap IT sector stocks like Persistent, Birlasoft, LTTS and many more have similar charts as of Nifty IT. Do keep in watchlist as they can give good returns in upcoming months.
Please comment below if you want technofundamental analysis of any IT sector stock.
South India Bank 26.90 - 30%-40% return in short term South India bank is fundamentally strong stock.
Revenue has increased over the period and also the profits.
Institutional investors are eyeing on this stock and coming days might witness sudden move
in price.
if any big institution or securities broker recommends the stock than i would wait for 15days
and buy it later.
Target of Rs 32 - 33






















