M&MFIN A BREAKOUT - WILL IT SUSTAIN OR WILL IT FIZZLE OUT ?Mahindra & Mahindra Financial Services Ltd. is an interesting consolidation breakout with following
1. RSI on all time frames (D/W/M) above 60
2. ABCD pattern under formation on Monthly chart
3. Major 20 Week SMA support near 290
4. Breakout of 16 months consolidation between 250-325 zone
Will it sustain or will it Fizzle out ?
Lets See How it evolves.
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Consolidation-breakout
AMI ORGANIC A BREAKOUT WILL IT SUSTAIN OR FIZZLE OUT ?AMI Organics Ltd. is an interesting breakout
1. RSI on all time frames above 60
2. Narrowing Bollinger Bands on Weekly chart with Price walking on upper band
A BREAKOUT Will it sustain or Will it Fizzle out ?
lets see How it evolves.
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
JUBLPHARMA - 6 Years -Consolidation breakout - WklyJUBLPHARMA - Price consolidated 6 years and gave breakout with very good volume.
Good setup to enter if it retest the breakout around 1000 levels.
Name - JUBLPHARMA
Pattern - Consolidation Breakout
Timeframe - Daily
Volume - Very Good volume
Cmp - 1191
Target - 1836
SL - 976
Here’s a summary of Jubilant Pharmova Ltd’s Q1 FY25 results:
Financial Highlights
Net Profit: Jubilant Pharmova reported a net profit of INR 482.10 crore, a substantial increase from INR 6.40 crore in the same quarter last year1.
Revenue: The total revenue for the quarter was INR 1,731.70 crore, up by 9.12% YoY1.
Operating Profit: Operating profit surged to INR 556.70 crore, a remarkable 596.75% increase YoY1.
Operational Highlights
Operating Margin: The operating margin improved significantly to 32.15%, up by 538.49% YoY1.
Expenses: Total operating expenses decreased by 33.13% QoQ to INR 1,175 crore1.
Comparative Performance
Quarter-over-Quarter: Compared to the previous quarter, revenue grew by 3.2%, and net profit increased by 5.6%1.
Outlook
The strong performance in Q1 indicates a positive trend for the rest of the fiscal year, driven by robust revenue growth and improved operational efficiency.
SBICARD - WILL IT RETEST ITS BREAKOUT OR NOT ?SBI Cards And Payment Services Ltd. an interesting chart with Harmonic Pattern under progress
1. Narrowing Bollinger Bands on Weekly chart and price started moving on upper band last week
2. Break out from base formation after 8-9 month's consolidation within 680 - 750 levels.
3. Daily and Weekly RSI above 60
4. Next minor resistance between 830-870 zones
A chart to keen on radar and to watch
Will it RETEST its breakout levels or
Will it complete its pattern journey without any RETEST
Lets see How it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
LAOPALA - Consolidation or box breakout - Breakout - DailyLa Opala RG is a leading manufacturer and marketer of tablewares (opal and glass) in India.
LAOPALA - Consolidation or box - Breakout - Daily
Name - LAOPALA
Pattern - Consolidation or box breakout
Timeframe - Daily
Volume - Very Good
Cmp - 359
Target - 407
SL - 351
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TILAKNAGAR INDUSTRIES- 3 MHTS BREAKOUT WILL IT SUSTAIN ?Tilaknagar Industries Ltd. is an interesting Breakout on weekly chart to keep in radar
1. RSI in all time frames above 60
2. Price rise with huge volume
3. Three months long consolidation breakout
4. ABCD pattern under formation on weekly chart
FUNDAMENTALLY
Company has reduced debt.
Company has delivered good profit growth of 23.5% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 27.2%
will this breakout Sustain ?
or
Will it fizzle out and continue its consolidation ?
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
SHYAM METALICS - CONSOLIDATION BREAKOUT ON RADARRSI on all time frames above 60
Breakout with volume
Narrowing Bollinger Bands on weekly charts
Long consolidation breakout after a trending move
Breakout supported by strong volume
Major support near 660-710 zone
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
PLASTIBLEN - A CONSOLIDATION BREAKOUT WILL IT SUSTAIN OR FIZZLE RSI on all time frames above 60
Price breakout with high volume
ABCD pattern under formation on weekly charts
Narrowing Bollinger Bands on weekly and daily charts
Price moving on upper Band
Major support 282- 308 zone
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Castrol India LtdCastrol India Limited have given a break out of third wave in the longer time frame since it's listing Wave 3 will end on December 2029 we might C Castrol India around 1200 to 1300 at that time detail analysis with proper timing and levels along with RSI has been provided in the chart
ELECTRONICS MART INDIA LONG CONSOLIDATION BREAKOUT POSSIBLEEMIL shown tremendous strength from IPO LISTING TO 250 LEVELS.
THIS RETAIL GIANT IS AGAIN READY FOR BIG TARGETS
Recently promoter sold stake & SBI Mutual
Fund bought maximum of stake sold by them.
It is in Long consolidation with tight base formation heading towards new highs.
PRAKASH INDUSTRIES -A BREAKOUT : WILL IT SUSTAIN OR FIZZLE OUT ?Prakash Industries Ltd. is an interesting chart with following
1. Price Breakout from last 10 month's Consolidation
2. RSI on all time frames above 60
3. Narrowing Bollinger Bands with price walking on upper Bollinger Band
4. Price Rise with huge Volume bars
5. Major Support near 170- 192 zone
A stock to keep on Radar ; A breakout will it Sustain or fizzle out
CAUTION : RSI Negative Divergence visible on charts
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
SARDAEN a consolidation breakout will it sustain or fizzle out Sarda Energy & Minerals Ltd. is another consolidation breakout
1. RSI on all time frames above 60
2. Breakout of one year long consolidation
3. Major cluster of supports near 258-295 zone which can be good risk reward zones to buy on dips
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
VETO a long consolidation breakout will it sustain or fizzle outVeto Switchgears And Cables Ltd. an interesting breakout from 4 years long consolidation
1. RSI on all time frames above 60
2. Price Breakout with volume
3. Major support with cluster of moving averages in the zone of 135 - 165
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
SH KELKAR BREAKOUT WILL IT SUSTAIN OR FIZZLE ?SH Kelkar And Company Ltd. is an interesting chart breakout
1. 6 month's Consolidation breakout in the chart
2. RSI on all time frames above 60
3. Price Breakout with huge Volume candles
4. ABCD pattern on weekly chart
5. Major supports with cluster of moving averages in zone of 185 - 200 which can act as multiple support area.
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
SHAYM METALICS 7 MTHS CONSOLIDATION WILL IT SUSTAIN ?Shyam Metalics And Energy Ltd. is another interesting chart
1. 7 month's Consolidation breakout in the chart
2. RSI on all time frames above 60
3. Price Breakout with huge Volume candles
4. ABCD pattern on weekly chart
5. Major supports with cluster of moving averages in zone of 665 - 720 which can act as multiple support area.
Fundamentally
Company has reduced debt.
Company is almost debt free.
Company's working capital requirements have reduced from 34.1 days to 12.1 days
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
KOPRAN 12 MONTH LONG CONSOLIDATION BREAKOUT Kopran Ltd. is an interesting consolidation breakout stock
1. 12 month's Consolidation breakout in the chart
2. RSI on all time frames above 60
3. Price Breakout with huge Volume candles
4. ABCD pattern on weekly chart
5. Major supports with cluster of moving averages in zone of 247 - 273 which can act as multiple support area.
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
VIJAYA - 3 Months Consolidation Breakout - All Time HighVijaya Diagnostic Centre Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (May, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (1030 - 15.80% from the price 889.30).
4) Recommendation - Strong Buy.
VENKEYS LONG IDEAVenkeys is looking good on chart.It is yet to break long term trendline resistance.
Once breaks trendline it can start marching towards channel upper line.
Need to plan trade asd per risk management using given Stop loss levels.
Note: No idea about fundamentals of comapny. It's completely Technical take.
KFINTECH - 3 Months Consolidation Breakout - All Time HighKFin Technologies Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (May, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (990 - 13% from the price 874.70).
4) Recommendation - Strong Buy.