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Consolidation-breakout

Tcs - Let's Play MomentumTcs has been silent for quite some time now. Reason was Banknifty pumping up. Now bank nifty is halting so some other sector has to go up if nifty needs to go and sustain above 13150 and at higher levels. Let me show the chart of IT index. As per the chart it is visible that NIFTY IT index is slowly and gradually picking some momentum. It has broke a triangle pattern and heading towards all time highs. So if Index will reach all time highs then major constituents will also perform. Another chart to understand price action:- In this chart we can clearly see that even in price action it has stopped making lower lows and has been testing levels of 2760 again and again. I have marked few rejection on the main chart to show that someone is pushing this stock up. Keep an eye folks. Cheers and Happy Trading. Disclaimer:- I am not SEBI registered. All the levels mentioned are for educational purposes. Trade with your own caution and with your own risk.
NSE:TCSLong
by LearnersParadise
2
Coromandel-Potential Box Breakout Another stock that has created a perfect box at the top. It has touched it's resistance 4-5 times already and even touched it's support multiple times but now it is sticking to higher levels and looking like soon the breakout is to happen. Target is as usual difference of the box which i have marked with green marking. I have already posted some charts in same pattern. Look at them for the movement tracking that what happens when this kind of box is formed. Kuch log dekh ke kehte honge kya ek hi type ki chiz baar baar post karta rehta hai. But remember agar ek chiz pata ho aur acche se pata ho to wo akela more than enough hai stock market mein paise banane ke liye. Cheers and Happy Trading Ladies and Gentleman.
NSE:COROMANDELLong
by LearnersParadise
12
Bajaj Auto- Long Term Breakout(Investment Option)Bajaj Auto is one of the renowned names in 2 wheelers segment. If we look at this chart which is weekly it is showing that it has been in a consolidating phase since last Oct 2017 which is more than 3 years of consolidation. Now it is trying to go out from the consolidation zone. It has tested its resistance already for 4-5 times. Even in Monthly chart signs of consolidation and breaking out is visible. Monthly Chart:- Rectangle marked near resistance is showing that stock is now sticking to higher levels. look at daily chart as well. Anything unusual? I will say yes because price is now not even able to come down 200 ema and sticking at higher levels. Finally the Target part. Target of the consolidation breakout is usually the difference of the consolidation. Don't forget to check the volumes which is being generated even at higher levels. What was the last time when we saw these kind of unusual volumes? (I have marked already). Keep an folks. Happy Trading and Cheers.
NSE:BAJAJ_AUTOLong
by LearnersParadise
10
ALEMBIC Ltd: Trying to break out of consolidation patternALEMBIC Ltd: Trying to break out of consolidation pattern with a spike in volumes. Momentum pick. Levels are plotted on the chart. Please follow the rules. Happy trading folks “Past performance is the best predictor of success.” – Jim Simons Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
NSE:ALEMBICLTDLong
by rajesh066060
Raymond- Another Breakout to watchout for.This stock has been consolidating since long long long longgggggg time. Interestingly even when nifty regained itself at top but this stock is still fishing at bottom so question is why this stock suddenly? Let me show you something in weekly chart. Just look at those goddamn volumes which is being generated right now. In whole chart of weekly we can hardly see these much of volumes consistently. So my question is same:- Who is buying all those quantities? You? Me? Someone Hidden? Along with this look at daily chart now. It has already Tested resistance level of 340 multiple times. All the swing Lows are making Higher Lows. Very surprisingly 200 EMA also exactly at 340 Levels. Slope of 200 Ema is now changing from downward to flat. Keep an eye Ladies and gentleman. Cheers and Happy Trading. Hope it helped.
NSE:RAYMONDLong
by LearnersParadise
9
Ratnamani- Trendline Breakout With ConsolidationThis stock is breaking a trendline which it has already tested thrice. And most important thing to consider is this is the first time it closed above 1330 and that is with the closing near it's high. Some other points to consider is:- 1) Consolidated before breakout for good 4-5 weeks. 2) Volume was gaining while consolidating. 3) Today's Closing with high volume shows some good interest of buyers. Weekly chart for the reference:- I hope it will help someone in the community to understand. Keep an eye ladies and gentleman. Cheers and Happy Trading.
NSE:RATNAMANI
by LearnersParadise
2
SRF- A box Breakout RevisionLast time i posted this stock on 13th of October and since then it kept me waiting for the right time. I clearly mentioned it needs to halt before breaking out and that is what it did. Previous Posted Chart for the reference :- Waited for almost 20 days and then gave returns of 10% in a day. This is what is important in trading Waiting for the right time. Waiting for the right time is the most difficult thing to do in trading. Believe yourself and believe your analysis. Some will fail and some will go your way and the charts which will go your way will give you much more than what u lost in others. Trade with Sl and believe. Cheers and Happy Trading
NSE:SRFEducation
by LearnersParadise
6
#Oct13 - TATACHEM (intraday)The stock has been trapped in a channel for a long time. So wait and trade the breakout at these levels :- Buy above 305 Sell below 298.9 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity management for the 100% of the times The above mentioned idea may not work, so beware of the risk you are taking Follow me on tradingview to get such intraday and swing picks everyday. Happy Trading!!
NSE:TATACHEM
by FAHEEMSAM
ICICI BANKICICI Bank has consolidated in the range of 340 to 380. Moving average band suggest the bullish trend formation. Stock is in short term uptrend above 380. There is high resistance at 390 and 415. Suggest to book partial profit at these levels if you have positioned it at below levels. If there is good momentum in NIFTY and BANK NIFTY and if it sustains above 420 we can see the next level of 445, 480 and 490. At 490 major correction expected and suggest to exit all position.
NSE:ICICIBANK
by Market_Crux
1