Only for study purposeEverything shown in chart entry, SL and TGT's .
What we want as a buyer ... Strong grreen candle and high volume...
Both are there ...
But the thing is didn broke resistance level if it breaks then go with SL of 20% and tgt of 100% ..
Godd risk reward ratio.. (1:5)
Wait For breakout or buy on CMP ....
AFTER LONG CONSOLIDATION OF PRICE AND GREEN CANDLE ALSO SEEM'S LIKE BREAKOUT .... .
Will take off after breakout....
Consolidation-breakout
ESTER |Ready for Next Leap of 50% after 10 Month Consolidation NSE:ESTER
10 Month Long Consolidation in range of 125-150 since April 2021.
Double Bottom (Bullish Pattern) at 50% Fibonacci Retracement of previous swing high.
Taking Support on 50Week SMA & Bouncing Back. Long Wicks Formation means Sellers unable to bring the stock down.
Accumulate b/w 136 - 120 as Stock will gain more strength above 140
Targets : 162 - 180 - 200 - 232
SL : 110
Golden Cross Over
Positive RSI Divergence in Weekly
Monthly RSI >60
bharat road network ltdshare name : bharat road network ltd
call type : poistional
- share is forming a range after a good a fall
- a good consolidation can be seen for the level
of 40.40 and 26.45
- we can accumulate this share above 40.40
after a good candle closing with sl of 35
- approchable targets 53, 80 ++
Sacheta Metals Ltd. Sector: Aluminum : BreckoutSacheta Metals Ltd at present is one of the major manufacturers & exporters of Aluminum Utensils in India. They have also started manufacturing of stainless steel cutlery items in various design. Sacheta brand is well known & accepted in the market. The product range of the company includes Aluminium Products in Various Sizes & Designs Like: Aluminum.
CMP : 37.30.
Target 1 : 50
Target 2 : 69
Target 3 : 87
Reasons to Buy: Major manufacturers & exporters of Aluminum. Which is always high level cost. Also breakout on consolidation phase.
Important Note: The content Provided in our ideas only educational purposes. Please do not consider this as a financial Advise. You must consult with your financial advisor before Investing.
Consolidation in ZEELZEEL has been taking support from a trend line since 1st October.
Now it is in consolidation phase from 28th December above the trend line.
It is respecting the trend line and the rectangle consolidation.
Wait for it to decide the trend. It will burst.
PRAJ INDUSTRIES - Breakout after 7 months of consolidationFundamentally strong company.. have given a breakout after 7 months of consolidation. Chart looks pretty bullish.. Good to go
GODREJAGRO shows signs of reversalGODREJAGRO: shows signs of reversal from current levels, as it was consolidating since last 45 days (33 sessions) at 50% Fibonacci retracement levels on monthly charts, and now at trendline breakout on weekly and daily charts as RSI gaining good strength from 18 to 60 within consolidation zone. Also being an agricultural entity, it will be in focus due to upcoming budget event.
Buy near 550-555
keep stoploss below 535
Targets at 585, 620
And for positional trade it can give targets of 660.
HAPPSTMNDS- Consolidating - BreakoutNSE:HAPPSTMNDS
Consolidating in a range with decreasing volume. Breakout with good volume will be a good opportunity
BREAKOUT - IRCTCIRCTC is consolidating within a very tight range with lower sell volumes, Breakout with a good volume will be a good opportunity . Keep in your watchlist.
NSE:IRCTC
IEX- NEED A STRONG CANDLEIEX in a very tight range. Buy volume increased but need a strong bull candle with approx. same or more than today volume.
NSE:IEX
Stock coming out of consolidationStock was consolidating and correcting after a good run. Now the stock is showing signs of recovery and upmove with good volumes. Stock above AVWAP and giving a consolidation breakout
GABRIEL INDIA DAILY CHART ANALYSIS AS ON 10.01.2022GABRIEL INDIA as per daily chart analysis stock has broken the consolidation zone and today it had tried to break the resistance 149. Stock above 150 for a target 155. Resistance at 158 level.
A good consolidation in Mold Tek, Box breakout above 780Mold tek in a good consolidation range with increase in volume near resistance with RSI above 60 and Relative strength is rising. A good breakout can be expected above 780
MINDA CORPORATION DAILY CHART ANALYSIS AS ON 03.01.2022MINDA CORPORATION as per daily chart analysis has broken the consolidation zone and stock ABOVE 202 Level for TARGET 212. Resistance are at 202 and 215.
SWELECT ENERGY SYSTEMS DAILY CHART ANALYSIS AS ON 28.12.2021SWELECT ENERGY SYSTEMS stock is in brief consolidation and today it has broken the consolidation zone. Stock above 270 for a target 280 and resistance at 282 level.
ALPHAGEO (INDIA) DAILY CHART AS ON 28.12.2021ALPHAGEO (INDIA) stock was in brief consolidation and today it has broken the consolidation zone. Stock above 390 for a target 405 level and resistance at 409 and 419 level.
GUFIC BIOSCIENCES DAILY CHART ANALYSIS AS ON 26.12.2021GUFIC BIOSCIENCES as per daily chart analysis the stock on 24.12.2021 has broken the consolidation zone. Stock above 224 level for a target 230 level and resistance is at 232 level. Nifty monthly chart forming indecisive doji , weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
ISGEC HEAVY ENGINEERING DAILY CHART ANALYSIS AS ON 26.12.2021ISGEC HEAVY ENGINEERING as per daily chart analysis after a brief consolidation the stock has broken consolidation and also the resistance 641 level. Stock above 660 level for a target 680 level and resistance is at 709 level. Nifty monthly chart forming indecisive doji , weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
EVEREST INDUSTRIES DAILY CHART ANALYSIS AS ON 26.12.2021EVEREST INDUSTRIES as per daily chart analysis the stock was in consolidation zone and 24.12.2021 it has broken the consolidation zone and stock above 480 for a target 490 level. Resistance is at 500.
Nifty monthly chart forming indecisive doji, weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
MARAL OVERSEAS DAILY CHART ANALYSIS AS ON 26.12.2021MARAL OVERSEAS as per daily chart analysis is in brief consolidation and on 24.12.2021 it has formed strong bullish candle and broken the resistance 98 level. Above 99 for a target 101. Nifty monthly chart forming indecisive doji, weekly chart forming bullish candle and daily chart forming a bearish candle shows this week may continue to be bearish being year end and monthly expiry in next 5 sessions.Investors may continue to book profits.Avoid fresh long positions. Nifty Support is placed at 16890 / 16837 / 16785 / 16693. Resistance is placed at 17152 / 17214 / 17378.
TRIGYN TECHNOLOGIES DAILY CHART ANALYSIS AS ON 22.12.2021posted 22.12.2021 TRIGYN TECHNOLOGIES above 141 for a target 151 and today the stock made high 160 and closed at 150. Happy Trading to All.
Chrusdt Trade Setup As you can see in the chart, CHRUSDT is consolidating between the range if it goes above 0.6867,
.
We can see the good momentum, so we will buy at 0.6900 for the target of 0.80000
