VBL- A Possible rise?Varun beverages has been testing its breakout levels and and interestingly it has been consolidating near retest.
Price has stopped making lower lows and now volume is pushing prices up again and again.
A price action for the reference:-
We can call it a triple R concept as well but not until it breaks out the red line marked at 933.
Keep an eye folks fingers crossed...
Consolidation-breakout
Shoppers Stop- Let's do some shopping Same old concept but worth looking at.
Resistance tested multiple times.
Stock creating higher lows.
Ascending triangle pattern.
Don't forget to checkout weekly chart as well. Most interesting part is volumes being generated in all these weeks.
Don't know who is generating all these volumes :P
Take entry only and only it stock stays at breakout level for 2-3 days atleast.
Keep an eye folks. Fingers crossed.
SOLARIND Weekly consolidationSOLARIND has been consolidating between 970-1300 in the last 3 years on weekly scale. sustaining above 1300 on weekly basis can unlock a portential 25% upside. keep on radar for breakout.
Silver inside candle analysis ! Silver formed inside bullish candle in 4 hour time frame, and breached consolidation zone.
Possible targets:
1) 67,500 (that is 50% Fibonacci level), if it sustain on that level then we can hold to achieve the next target.
That is
2) 68,500.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
MARUTI SUZUKI FRESH BREAKOUT FOR POSITIONAL,SWING AND INVESTMENT1> Major Resistance Break out after after consolidation near resistance level
2> Bollinger Band Squeez Break Out with high volume
3> RSI sustained above 50 since Nov 2020 and now crossed above 60
NESCO - Watch for Consolidation Breakout Explanation in Chart. NESCO for Short/Long term possible post breakout. Keep Watch. SL 470. TGT 780.
BANKNIFTY consolidation going onShort Bank Nifty Below 31000:
Target: 30450-30550.
Stop Loss: 31050.
RSI and MACD suggest shorting possibility.
Look at RSI for retracement till 50.
Look at MACD for histogram and preferably trade after the red part of the histogram begins till it peaks.
Target Won't be activated if Bank Nifty Opens Gap up which is unlikely for now.
Long possible above 31500 but seems unlikely right now.
Bank Nifty is in consolidation phase and may seem to continue in the same on 01/01/2020 in which case it is not advised to trade due to the low volatility due to holidays.
Note: This post is only for educational purposes.
ANOTHER INVERSE HEAD AND SHOULDER, BIG BREAKOUT WEEKLY CHARTS!!!Stock hit the upper circuit today which was above the previous high which confirms it's breakout. Position can be made for some good amount of money with the stop-loss and targets mentioned on charts.
GREAVES COTTON CONSOLIDATION ZONE BROKE 109 SOON !!It Broke Consolidation Zone, (1W-TIMEFRAME)
Possible TARGET 109 Soon !!
NOTE: This Analysis Based On 1 Week Time frame,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Breakout Expectation, Swing Trade, COFORGEGood consolidation near resistance , showing strength of buyers and also 20 DMA aligning with Trend line. Strict SL can be followed and later it can be trailed.
COROMANDEL | Breakout after 135 days consolidationCOROMANDEL | Breakout after 135 days consolidation, simple channel breakout. Also looks Flag in weekly time frame.
Looks good for 18%
CMP : 845
SL : 790
Target : 980
P.S : Ideal to enter near 840 zone for better risk reward, hope to see some retracement in a couple of days.
Coromondal Internal Consolidation...it has been consolidating since Aug-2020 between 700-830 levels.
Stock has formed morning star pattern on daily basis at support trendline.
Stock has closed above 800 level on weekly scale.
it has given breakout on hourly chart at resistance trendline.
It is forming Higher lows on daily basis.
RSI is at 55 levels, bullishness intact.
breakout at 830 levels could bring 20% upside.
Track this stock for breakout.
AXISBANK Weekly Consolidating.......AXISBANK has consolidated at current level for 9 weeks in the past, currently it has consolidated for 6 weeks. breakout is possible in the next 3 weeks.
if it encounters unexpected down move, 530-550 range could be a support.
it took support at 50EMA and closed above 20EMA on daily scale.
630 has been key resistance on monthly scale too. 637 has been resistance for weekly scale. breakout on side can take this upto 730 levels.
Weekly RSI is above 60, indicating bullishness.
Double top has formed at 637 level on daily chart
Stock is consolidating at higher levels. so potential breakout.
Have this stock on watchlist for consolidation breakout.
IBULHSGFIN Breakout!!! Huge Target upsidestock has given beautiful breakout after several weeks of consolidation
AVT Natural Product!!! Consolidation breakout 55-60+stock has given breakout and we recommended @51, today itself achieved 1st target and target of 60+ remains intact
SEQUENT SCIENTIFIC entered uncharted territoryThe scrip SEQUENT SCIENTIFIC has been outperforming nifty and has given a break out after small consolidation.
Consider buying SEQUENT SCIENTIFIC for target of 200-205.'
Keep stop loss at around 150-152 on weekly closing basis.
***ideas are my own *** please take risk as per your risk appetite ***
HUL VIEW - POSITIONAL TRADE 🏁breakout after long consolidation
trend line breakout
buy for target 2550 +
stop 2200
disclaimer - trade @ own risk
