SHANKARA BUILDING PRODUCTSAfter a heavy fall, share goes in a good consolidation phase. after giving breakout it was making bullish pennant. if we can see a breakout share can go up to 847 we can use Sl of 500
Thanks
Consolidation-breakout
Breakout - Shriram Transport FinanceHello All,
I have brought in another good set up.
SRTF has broken it's consolidation range. Prior to the breakout day the volumes were building up and the breakout candle has witnessed the largest volume in the last few months which is a good sign.
Now how to trade it:
First of all do not let FOMO overpower you to take a trade in haste. Observe the price for a few days(analyse it as per your setup), as per candle formed on the breakout day there is some rejection seen at higher price (the upper wick is big), it calls for just a caution sign that we need to observe the price action. The stock may come for a retest and I guess that would be an apt entry.
All said, just analyse the setup first, see how price behaves. Do not agree to me forcefully or just because I have posted an analysis. Take your own call and that would generate a lot of confidence in you.
Let's make money together! Happy Trading :)
Bullish Flag & Pole Pattern in IndusTowerIndusTower After steep rally of 50% gain in a month, now consolidating with falling wedge pattern since a month. So, Ones it get a breakout then we may predict possible upside of 15-20% with a small stoploss below 290.
IFBIND: CONSOLIDATION BREAKOUTNSE:IFBIND
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
GOKULAGRO: CONSOLIDATION BREAKOUTNSE:GOKULAGRO
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
JSW TRADE SET-UP FOR TOMORROWThere is a strong resistance of 698, in the previous day's stock consolidate and then down.
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Now again stock is testing the same 698 levels, so if stock goes above 698.
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You can buy this trade for the Target of 720.
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What's your view on this comment below in the box
Power of consolidationConsolidation for long time, better it is. You just need to wait for breakout.
JSW steel AnalysisThe stock stays in consolidation for a very long time before a breakout. breakout happens only by news or good earnings.
also there is no hope of breakout now as there is no uptrend. MACD is not that great now. hence I would recommend you o wait for while.
strong resistance at 774. no proper support.
Can give an entry if forms a good support level or gives a good breakout.
can keep in Radar
ARVIND: 3 MONTH CONSOLIDATION BREAKOUTNSE:ARVIND
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
ROUTE: 3 MONTHS BASE BREAKOUTNSE:ROUTE
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
#L&TFH Long (13 Oct)#L&TFH Long (13 Oct)
crossed all moving averages around 88 level on 29 Sep
consolidate after breakout around 92.
Today we can see volumes are good.
Buy at CMP- 93
SL- 88
Target- 99, 106
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Disclaimer- We are not SEBI registered advisor.
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CHOLAFIN Trade Setup For Long PositionCHOLAFIN share is consolidating between 560-580 from so many days,
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Share has given the breakout of 579 and then took a correction now it is consolidating.
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So for tomorrow, there is a very simple setup if stock open flat and goes above 579,
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We will buy this trade target is 595, this is not the intraday targets it is Swing target's.
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What's your view on this comment below in the box.
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Don't forget to like the idea.
Set up for further move : DONEAR10 weeks consolidation
3T VCP
Pocket pivot off 50 DMA
strong prior move
Volume contraction - very good
SL - 56.5
TGT - 75, 80
PRINCEPIPE: 4.5 MONTHS CONSOLIDATION NSE:PRINCEPIPE
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
UPL 'Udega Trade' || RR is 1.9UPL can break the falling wedge pattern and make an up move soon, keep on the watchlist. Do follow for new ideas !
On the verge! - SUBROS38 weeks long consolidation
Good eps growth
may test ATH of 444
SL - 320
TGT - 445
CDSL , Is it time for next leg of RallyCDSL ! Is it time for next leg of Rally?
Consolodation since some considerable point of time, I think It will move up soon.
MCX GETTING CHARGED UP FOR THE NEXT RALLY?MCX broke it's monthly resistance and has retested it very well and is consolidating for a big movement ( high chances of upside movement ). BUY once it breaks out the trendline resistance on a weekly chart with good volumes.
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Till then,
Happy Trading:)
Minda Industries - Looks good for an upmoveStock was consolidating. Today the stock has shown a strong candle. The stock looks ready for a decent upmove
Will growth convert into momentum ? - MSTCLTDLong long consolidation of 8 months.
great results in last 2 quarters with high EPS growth
probable candidate for BO
3T VCP
good accumulation in base
SL - below 300
TGT - 400-418
MCDOWELL TRADE SETUP FOR TOMORROWMCDOWELL share is near to breakout either it goes down or up.
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We also gave this old Setup around one week and it gives a good profit to the trader.
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Now for tomorrow if MCDOWELL share goes above 834 you can buy this trade.
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If stock goes down below 815 we can sell this trade.
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What's your view on this comment below in the box.
#tatachemicals consolidation breakoutbreakout after consolidation, lag pattern, bullish momentum, trend and good volumes
gap support exit downside for positional play.
India Glycol Multiyear BreakoutSimple 13 year old consolidation with high volumes.
Stocks give multibagger returns after breakout of such long consolidation.
Longer the consolidation more powerful is the breakout.
Below is Weekly chart.
Perfect high volume breakout bar & Retest.
Never miss out on such setups!
