Mahabank 🚀Hey Family, there is a one more stock Which is showing a great opportunity and formed a Ascending Triangle pattern, Stock break's resistance zone let's see breakout sustain or not. 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.
Chartanalysis
#NIFTY Intraday Support and Resistance Levels -29/04/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22470 level and then possible upside rally up to 22590 level in today's session. in case nifty trades below 22420 level then the downside target can go up to the 22300 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(29/04/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session.Any Major downside only expected in case banknifty starts trading below 48450 level.also possible reversal downside 48950 level.
Kirloskar Industries Breakout 🚀There is a one more stock Which was showed a great opportunity and formed a pattern, stock is at near Resistance in a attached image and ready to go if see on chart there is a good breakout with good volume. what is your view please comment it down. 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. Not Able to Share our View with you family, not more active team is looking or new opportunity. We try to more active again.
Thanks for Bearing with us family.
Global Vectra RockedThere is a one more stock Which was showed a great opportunity and formed a pattern, stock is at near Resistance in a attached image and ready to go if see on chart there is a good breakout with good volume. what is your view please comment it down. 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. Not Able to Share our View with you family, not more active team is looking or new opportunity. We try to more active again.
Thanks for Bearing with us family.
Data Patterns (India) Ltd - Long Setup, Move is ON...#DATAPATTNS trading above Resistance of 3048
Next Resistance is at 4066
Support is at 2136
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.
Aditya Birla Capital Ltd - Breakout Setup, Move is ON...#ABCAPITAL trading above Resistance of 208.10
Next Resistance is at 255
Support is at 171.80
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.
Biocon-An underperforming pharma stockBiocon is among few stocks which did not participate in Pharma bull run.
However stock has recently given a big volume bounce from its demand zone.
295-300 is an important zone to watch out for as it is a confluence of trendline resistance as well as 200 Week EMA.
1st breakouts are normally traps so use pyramiding to save your capital.
If stock posts good results , we might see good move in stock.
Keep your eyes stuck on this if you like support bounce trades.
Aegis chem might fly post ATH breakoutAegischem is trying to give ATH breakout with cup and handle pattern
Stock has risen after a bear trap. A breakout here will open new highs for the stock.
Stock has decent fundamentals to support
AB Capital- Undervalued finstockABCapital which is the finance company of Aditya birla group is available at an amazing valuation.
Stock has given a flag breakout last week with volumes and on road to complete its rounding bottom pattern.
If the stock breaks out from pattern, we can see an amazing rally of around 50% in the stock.
If Nifty Bank crosses 48000 next week, this stock should move quickly till 200.
Dilip buildcon-A good infra stock to build portfolioDilip buildcon has given a monthly breakout from cup and handle pattern and is looking good for a reversal trade.
If you trust India's infra story, this stock should be in your portfolio considering its bettering fundamentals.
For short term traders, currently stock is not showing any bullishness but can give good move if Q4 2024 results are positive.
Va Tech Wabag Limited - Breakout Setup, Move is ON...#WABAG trading above Resistance of 780
Next Resistance is at 972
Support is at 598
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.
Blue Star Ltd - Long Setup, Move is ON...#BLUESTARCO trading above Resistance of 1218
Next Resistance is at 1445
Support is at 1030
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 - Long Setup, Move is ON...#TDPOWERSYS trading above Resistance of 228
Next Resistance is at 309
Support is at 146.20
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.
Investment pick:-SAILSAIL is on the verge of giving big monthly breakout from trendline.
It is one of the few PSU stocks which have not shown rally in past couple of years.
We can expect huge upside in this stock given the improved profitability and efficiency of the company.
Definitely a must have stock in portfolio if interested to invest in metal sector.
However, metal sector is highly cyclic and have higher risk associated.
Supriya Life-A picture perfect IHNS breakout!If you are a pattern breakout trader, you will definitely love this idea!
Supriya life science has given a good breakout from inverted head and shoulders pattern and is looking strong for a reversal.
Stock can test ATH levels soon and might give bigger targets in future. Stock should give weekly closing above 400 for confirmation. Safe traders must wait for tomorrow's closing before entering.
A must stock to keep in watchlist!
SONATA SOFTWARE - Swing Trade - 14th January #stocksSONATA SOFTWARE (1D TF) - Swing Trade Analysis given on 14th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #sonatasoftware
Bullish Flag pattern breakout in DRREDDYDr REDDY LABORATORIES LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 7100+.
✅Can Go Long in this Stock by placing a stop loss below 5880-.
Symmetrical Triangle pattern breakout in SBINSTATE BANK OF INDIA LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 848+.
✅Can Go Long in this Stock by placing a stop loss below 750-.
Reversal Broadening Wedge pattern in BANKNIFTYBANKNIFTY INDEX
Key highlights: 💡⚡
📈 On 1 Day Time Frame Banknifty index Showing Reversal of Broadening Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Above 49340+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this Banknifty index can gives strong upside rally upto Above 51957+.
📈 Can Go Long in this Banknifty index by placing a stop loss Below 45807-.
Ascending Triangle pattern breakout in HINDALCOHINDALCO INDUSTRIES 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 650+.
✅Can Go Long in this Stock by placing a stop loss below 614-.
Bullish Flag pattern breakout in JSWJSW STEEL LTD
Key highlights: 💡⚡
✅On 15 MIN Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 900+.
✅Can Go Long in this Stock by placing a stop loss below 848-.