Naukri Breakout ready to rockHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Forming Ascending Triangle Pattern in 30 Min TF.
* It's Already Break resistance Zone and trying to Sustain Above Resistance Zone and follow up buying is coming.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature. Minor Retest is Possible after breakout.
Chartanalysis
EURUSD bulls stay hopeful ahead of Fed Chair Powell’s TestimonyEURUSD remains well-set on the buyer’s radar, despite snapping a four-day uptrend, as markets await Federal Reserve (Fed) Chairman Jerome Powell’s bi-annual Testimony. That said, the upbeat RSI (14) line and the bullish MACD signals join the quote’s successful trading beyond a convergence of 100-SMA and 200-SMA to keep the buyers hopeful. However, a month-old horizontal resistance zone surrounding 1.0840-50 guards the Euro pair’s immediate upside. Following that, descending trend lines from early March and January, respectively near 1.0875 and 1.0895, quickly followed by the 1.0900 threshold, will precede the previous monthly top of 1.0916 to challenge the pair’s further advances. In a case where the pair remains firmer past 1.0916, the odds of witnessing a run-up toward the 1.1000 psychological magnet can’t be ruled out.
Alternatively, the aforementioned key SMAs will join the 50% Fibonacci ratio of the EURUSD pair’s October-December 2023 upside to highlight 1.0800-1.0790 as the key support to watch during the quote’s fresh fall. Should the bears manage to conquer the stated support, the odds of witnessing a quick fall toward 1.0750 and the 61.8% Fibonacci retracement level of 1.0710 can’t be ruled out. However, an upward-sloping support line from late 2023, close to 1.0680 by the press time, appears a tough nut to crack for the Euro bears afterward.
To sum up, the EURUSD remains in the upward trajectory despite the week-start pullback. Hence, Fed Chair Powell’s attempt to revive the US Dollar's strength, by providing hawkish clues and/or ruling out economic woes, needs to be taken with a pinch of salt.
Ascending Triangle pattern breakout in CHAMBLFERTCHAMBAL FERTILISER LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Ascending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 558+.
✅Can Go Long in this Stock by placing a stop loss below 519-.
Crude Oil retreats from 11-week high as eventful week beginsWTI Crude Oil remains pressured after reversing from an 11-week high the previous day, especially when the US Dollar posts a corrective bounce ahead of this week’s top-tier data/events. The black gold’s retreat also highlights the importance of the support-turned-resistance line stretched from mid-December 2023 and a downward-sloping trend line from late September last year. It’s worth noting that the RSI’s pullback from the overbought territory and the receding bullish bias of the MACD signals also favor the energy benchmark’s latest consolidation.
With this, the quote will likely extend the latest fall toward testing the 10-SMA support of $82.50. However, the 50% Fibonacci ratio of the commodity’s late 2023 fall and the 100-SMA, respectively near $81.40 and $80.40, quickly followed by the $80.00 psychological magnet, will challenge the Oil bears afterward. In a case where the prices remain weak past $80.00, an area comprising tops marked from mid-November 2023 to January 2024 near $79.70-25, will be the last defense of the buyers before giving control to the bears.
Meanwhile, a downward-sloping resistance line from September 2023, close to $84.10 at the latest, guards the immediate upside of the black gold. Following that, the previous support line from late 2023 will test the oil buyers near $84.70. It’s worth noting, however, that a 9.5-month-old falling resistance line surrounding $86.50 appears a tough nut to crack for the commodity buyers, a break of which will allow them to challenge the yearly high of $87.60.
Overall, Crude Oil is likely to witness further consolidation in prices as Fed Chair Jerome Powell’s bi-annual Testimony and the US Consumer Price Index (CPI) loom.
Sharda Motor Industries Limited - Breakout Setup, Move is ON...#SHARDAMOTR trading above Resistance of 2376
Next Resistance is at 3254
Support is at 1497
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 HB Stockholdings 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.
Izmo Limited - Long Setup, Move is ON...#IZMO trading above Resistance of 287
Next Resistance is at 406
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.
Apple Strong is the Out Perform the MarketApple as a share is Strong movement, Most of the people think that Warren Buffet is not taking risk hence he is invest Apple but this chart is Good Answer.
If you are looking in the Risk free with technolgy company this is the one of tham. I am currently bullish but currently risk is high as compare to the Reward
ICICI PRUDENTIAL BREAKOUT ON DAILY CHARTICICI Prudential has broken out of a cup and handle pattern on both the daily and weekly charts. It’s a good sign that the breakout occurred on both charts, making the pattern more valid. I’m keeping a close eye on ICICI Prudential, and if it crosses the 641 mark, I’m expecting it to climb to 681, with a longer term target of 724. I believe this is a solid, long-term investment strategy, and I encourage patient investors to take advantage of it.
Breakout in NOCIL1. **Price Movement**:
- The price has been in an uptrend since mid-2020.
- There was a consolidation phase that lasted from mid-2021 to mid-2023, forming a symmetrical triangle or a range-bound pattern.
- Recently, the price has broken out of this consolidation pattern to the upside, which is a bullish signal.
2. **Volume**:
- The volume spikes suggest significant trading activity during certain periods.
- A noticeable increase in volume during the recent breakout, supporting the bullish move.
3. **Trend Lines**:
- Upper and lower trend lines indicate potential resistance and support levels.
- The breakout above the upper trend line is significant, suggesting further potential upside.
4. **Price Target**:
- The price target, marked by a blue box, shows an estimated target around INR 370. This is calculated based on the height of the previous range projected upwards from the breakout point.
5. **RSI Indicator**:
- The RSI is currently around 54.53, indicating a neutral to slightly bullish momentum.
- The divergence in the RSI during the previous highs indicated potential weakness, but the recent breakout suggests renewed strength.
6. **Support and Resistance**:
- Immediate support is around the breakout point near INR 260-270.
- Resistance is expected around the INR 370 target zone.
Kalyani Investment Co Ltd (KICL) - Breakout Setup, Move is ON...#KICL trading above Resistance of 6488
Next Resistance is at 9219
Support is at 4301
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.
HUDCO - Breakout Setup, Move is ON...#HUDCO trading above Resistance of 323
Next Resistance is at 404
Support is at 212
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.
Atul Auto - Breakout Setup, Move is ON...#ATULAUTO trading above Resistance of 660
Next Resistance is at 1053
Support is at 490
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.
Solar Industries India - Breakout Setup, Move is ON...#SOLARINDS trading above Resistance of 10654
Next Resistance is at 13361
Support is at 8047
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.
Power Finance Corporation Limited - Breakout Setup, Move is ON..#PFC trading above Resistance of 526
Next Resistance is at 681
Support is at 376
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.
TD Power Systems - Breakout Setup, Move is ON...#TDPOWERSYS trading above Resistance of 390
Next Resistance is at 472
Support is at 309
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.
Cochin Shipyard - Breakout Setup, Move is ON...#COCHINSHIP trading above Resistance of 2556
Next Resistance is at 3138
Support is at 1813
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.
GRSE - Breakout Setup, Move is ON...#GRSE trading above Resistance of 2502
Next Resistance is at 3468
Support is at 1677
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.
Shakti Pumps (india) Limited - Breakout Setup, Move is ON...#SHAKTIPUMP trading above Resistance of 3019
Next Resistance is at 4009
Support is at 2241
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.
Dredging Corporation Of India Ltd - Long Setup, Move is ON...#DREDGECORP trading above Resistance of 749
Next Resistance is at 1176
Support is at 616
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.
Voltamp Transformers Limited - Breakout Setup, Move is ON...#VOLTAMP trading above Resistance of 9237
Next Resistance is at 13100
Support is at 6880
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.