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.
Consolidation-breakout
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.
JGCHEM - 4 Months Consolidation Breakout - All Time HighJ.G.Chemicals Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (April, 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 (360 - 22% from the price 294.50).
4) Recommendation - Strong Buy.
Keep An Eye - Consolidation - OMINFRAL📊 Script: OMINFRAL
📊 Sector: Infrastructure Developers & Operators
📊 Industry: Engineering - Turnkey Services
Key highlights: 💡⚡
📈 Script is trading in consolidation zone, it has to give closing above 180 level to break consolidation zone.
📈 One can go for Swing Trade only above 180.
BUY ONLY ABOVE 179
⏱️ C.M.P 📑💰- 177
🟢 Target 🎯🏆 - 197
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
ASALCBR - 1.5 Months Downtrend / Consolidation Breakout - ATHAssociated Alcohols & Breweries Ltd
1) Time Frame - Daily.
2) The Stock has been in a downtrend / consolidation since (June, 2024) after breaking it's previous life time time of (653.65) . Now It has given a downtrend / 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 (920 - 20% from the price 762.25).
4) Recommendation - Strong Buy.
NOVAAGRI - 6 Months Consolidation BreakoutNova Agritech Ltd
1) Time Frame - Daily.
2) The Stock has been Consolidating since (January, 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 (100 - 20% from the price 83.91).
4) Recommendation - Strong Buy.
CASTROLIND - 5 years High / consolidation BreakoutCASTROLIND
1) Time Frame - Monthly.
2) The Stock has been consolidating since August, 2018 and has given a breakout with strong bullish momentum & Huge volume.
3) The stock may reach its previous All Time High (272) in long term.
4) Recommendation - Strong Buy
KSCL - 3 Years Consolidation / 9 Years Downtrend BreakoutKaveri Seed Company Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (May, 2021) & in a downtrend since (April, 2015). Now It has given a Consolidation and Downtrend breakout & Closed above it's (May, 2021) High with good bullish momentum candle & with huge volume in weekly Time Frame.
3) The next resistance would be it's Life Time High (1075.50) .
5) Recommendation - Strong Buy
HINDCOMPOS - INVERSE H&S, THEN CONSOLIDATION AND BREAKOUTHi All,
This idea is about Hindustan Composites Ltd
Certified developer, manufacturer & marketer of Friction Materials in India comprising Brake Lining, Clutch Facing, Disc Brake Pad, Roll Lining, Brake Block, etc. Company is also engaged in the treasury business.
Clientele
Ashok Leyland, Maharashtra State Road Transport Corporation, Eastern Railway and Southern Railway, etc. HCL is also a Tier 2 supplier of brake lining for Toyota, TATA
Technical
Price Action formed an inverse Head and Shoulder but after the formation of right shoulder could not break the neckline, instead went into consolidation.
Eventually the price broke out of the darvas box ending the consolidation and have reached the initial neckline of Inverse H&S.
If neckline is broken, it could lead to a substantial rally
Fundamentals
Market Cap
₹ 905 Cr.
Current Price
₹ 613
High / Low
₹ 650 / 347
Stock P/E
26.3
Book Value
₹ 669
Dividend Yield
0.33 %
ROCE
4.46 %
ROE
3.60 %
Face Value
₹ 5.00
Equity capital
₹ 7.38 Cr.
No. Eq. Shares
1.48
EPS
₹ 23.3
Promoter holding
75.0 %
Change in Prom Hold
0.00 %
Chg in Prom Hold 3Yr
0.00 %
Pledged percentage
0.00 %
Market Cap to Sales
3.04
Sales growth
5.30 %
PEG Ratio
2.10
EVEBITDA
17.3
Quick ratio
1.95
Trade receivables
₹ 37.3 Cr.
Sales
₹ 298 Cr.
Debt to equity
0.00
Price to book value
0.92
Free Cash Flow
₹ 3.92 Cr.
CMP / FCF
91.1
Happy Trading
Thanks,
Stock-n-Shine
IRFC - 6 Months Consolidation BreakoutIndian Railway Finance Corporation Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (January, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may find it's next resistance around the price (260 - 19.50% from the price 217.43).
4) Recommendation - Strong Buy.