HDFC READY TO CONTINUE ITS UP RALLY AFTER A PAUSEBUY HDFC ABOVE 2685
SL 2620 DAILY CLOSING BASIS
TGT 2870 / 3500
REASON:
1> Long Consolidation Break Out after an Established Uptrend
2> Consolidation Resistance Level has been already retested
3> RSI Sustaining above 60 Level
4> Good Expected RR Ratio
Consolidation-breakout
Market Still In Range ∘ At morning period market breakout the Supply zone but can't sustain & fall down
∘ Still consolidate in range 05 days , After breakout I expect big move in market NSE:NIFTY
Bank Nifty Next Move After Today Consolidation ∘ Market consolidate in Range still last 05 days , After breakout I expect big move in market
∘ What would you expect let me know in comment box 👇 NSE:BANKNIFTY
VISAKA INDUSTRIES - Multi Year BreakoutVisaka Industries has formed Cup & Handle pattern on weekly charts and given breakout. Currently stock is consolidating near breakout level above 800 and further movement can move stock till 1000+ levels.
All levels provided on charts.
This is for educational purpose only.
WABAG READY TO FLYVA TECH WABAG is giving very good consolidation, charts are self explanatory and levels provided on charts.
This analysis is for educational purpose only
ONMOBILE GLOBAL LONG!- Stock to give a bull run
- Stop loss should be tight around 135 range because once the stocks goes below 135 range it has a high probability to go till the demand zone 110.
- If the stock touches the demand zone at 110 can re-enter there.
- Can anticipate a 12% move till 155 range
Ready to move after good result and great chart setup. BO above all the working zone done. Retesting is also completed. Waiting to move now.
Ascending Triangle BOLong consolidation in ascending triangle pattern, finally broke out of the important zone.
VSSL looking good Positionally1. Stock in Continous uptrend.
2. Relative Strength Strong & increasing.
3. Stock crossed All Time High (2017) of 195.15 and was consolidating after multi-year Breakout.
4. Spread chart Breaking out.
5. Accumulative positive volume activity during consolidation.
6. Good Q1 numbers.
7. Stock is up today when most of the Nifty & Mid-cap stocks are in Red.
SBI LIFE INSURANCE LONGOPEN CHART FOR ANALYSIS
Daily charts of SBI life shows that the stock has been moving in a specifies price range making continuous Higher Highs and Higher lows.
A few days back it gave a good breakout with volumes. And it showed a pull-back now and took support of the range line.
Also, if we look at the 1-minute chart of Sbi LIfe ins. (not able to upload multiple time frame chart, you may open 1-minute chart of sbi life ins), there are huge volumes towards day end which pushed the price upwards. This shows buying interest in traders.
Can take entry at this point with marked targets
Stop Loss- 1078, TRAIL STOP LOSS
FOLLOW IF YOU LIKE THE ANALYSIS
LIKE AND COMMENT WHAT YOU THINK ABOUT THIS..
FIEM INDUS LONGChart is self explanatory
FOLLOW IF YOU LIKE THE ANALYSIS
LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!!
GRAPHITE INDIA LONGOPEN CHART FOR DEATILED ANALYSIS
Follow for more such ideas
Like and comment what you think about this
Havells India: Rounding Bottom BreakoutHavells coming out of an extended downtrend with 3 month consolidation in a range forming Rounding Bottom.
Adani enterprise for intradayAs we can see the stock is under consolidation ahead of its results. So a candle closing above this resistance can give good trade for intraday on the long side.
Dhunseri Ventures LongDVL looks poised to give a high momentum up move.
2 Entry locations identified with relevant SL and target levels
Dhunseri Ventures has an operating revenue of Rs. 181.83 Cr. on a trailing 12-month basis. An annual revenue growth of 112% is outstanding, Pre-tax margin of 74% is great, ROE of 14% is good. The company has a reasonable debt to equity of 3%, which signals a healthy balance sheet
Dhunseri Ventures is involved in the business activities of Other financial service activities, except insurance and pension funding activities.
How to make 6% fast in Voltas - Logic and trade entry Voltas is trading between the zones of supply and demand and currently on demand zones and moving towards the supply zones, we can make a good 1:2.5 RR trade
here on a 1HR tf close near 1060 levels target for 6% and risk can be set near 2% to 2.5%
wait for 1hr close and let it close bullishly on 1hr :) trade with proper risk rules and follow them also let the trade initiate :)
Any problems regarding the trade plz comment and feel free to discuss
Fortis breakout after three rounding bottoms - Bulling pattern Fortis has given a breakout after a rounding bottom and broken the resistance from May 2017. This is a bullish pattern.
Please note, this is not a recommendation and only an analysis.
Update On CiplaThe stock has been consolidating near the support and the price given in the last post (959.20), brace for a breakout on either side.
ALKYLAMINE, darvas box consolidation breakout, coming up?Hello traders,
ALKYAMINE, a chemical stock which rallied huge on based of some news.
same rally might come up again if it breaks this 3 month consolidation box.
can go for first target of 14% upmove and 2nd target of 75% upmove.
keep a watch on this. can be best for swing and intraday.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
#VGUARD .. Watch for bounce back from supportVGUARD is a fundamentally strong company. It has come out of a 4 year long consolidation in range and has given a breakout with retesting completed.
Currently the price lacks momentum however, current structure is very bullish and can easily resume moving upwards during next week.
VGUARD has almost 2X twice after giving similar breakouts. See below -
