Uptrend in FBFB formed a double Bottom from 11/18 to 02/19 which was confirmed by the succesful breakout on 14 january. Fueled by the earnings Reports on 30 january FB had a big upside gap. Now we have breakout of the consolidation and so we have further updside potential.
Profit Target 215$, Stop loss 165$
2:1 reward : risk ratio
Consolidation-breakout
NSE:Varun Beverages One more attempt for BreakoutNSE: Varun Beverages One more attempt for Breakout .
Since July 31 till Jan 15, Stock was oscillating between 670 to 829
Flat consolidation with 2 attempt for breakout
Stock is consolidating near 829 level since last few days, might be one more attempt for breakout
Possible Long after close on daily chart above 830 for a target of 873 and 920 in short term.
Range Consolidation Breakout and Support TestedRange consolidation has been happening in the past 4-5 month, which was breached.
The breach was tested again and found a support at consolidation trend line.
Currently, hovering in Breakout/Reversal Zone (defined by nearest pivot at those levels)
If breakout, the next immediate target could be next pivot at 218.
If reversal, the consolidation trend line might be tested again
REC , Daily ,LongAfter a rising window , price consolidated for a couple of weeks , and then a nice breakout , which coincided with the down sloping trendline and the 50 EMA. Longs may be initiated for a swing target of 180 with a stoploss around 153.Also the price has crossed its 200 EMA , though closed below it.
HDFC approaching 1800HDFC has been in a nice long term uptrend trending above 200 EMA, and is just given 13,62 EMA Crossover.
Also the price has broken up from a consolidation zone and confirmed a double bottom.
Long position may be initiated above 1737 with a target of 1800 and SL 1725
KTKBANK - BUY ON DIPS It has been observed that the price action is strongly trending up for past two years. Now, after a big rally up, it is consolidating in a triangle pattern and a breakout above it shall further bring upside rally.
Fundamentals Facts:
Market Cap: 4328 Cr
Face Value: 10
Book Value: 175
P/E: 10
P/BV: 0.88
ROCE (5Yrs): 107%
Short Term
T1- 158
T2- 160
SL- 153
Long Term
T1- 180
T2- 200
SL- 140
#YESBANK - Consolidation breakout/50 SMA ResistanceYESBANK has a strong resistance around 318. The stock consolidated in a 20-point range after fall from 52-week high. Looks like it has made base around 300-305 and is on the verge of breakout above 318. Stock is also near 50 SMA which will act as a resistance & if it manages to close above it, then it will likely resume uptrend.
V Guard Industries: Consolidation & BreakoutThe stock is in an uptrend and has seen a big breakout in the last couple of trading sessions. Volume has spiked too, which is a positive sign. Am watching this stock. Have made an initial purchase already. Would like to add more on a breakout above recent highs.
CADILA - BIG CONSOLIDATION BREAKOUTIt is been observed on the the Daily and Weekly chart that the price action is consolidating for past 10 weeks continuously within a rectangular or sideway channel. Now, it has finally broken above the the channel and shall further move up to new highs if it closes above 465 levels.
Target 1: 480
Target 2: 490
Stoploss: 455
KCP Sugar India Breaks out Consolidation (Investment Call)On a monthly chart, the price action has broken out from a consolidation range that indicates bullishness and buyers dominance. Previous month the stock corrected 25% and retraces back to the previous breakout levels or resistance. The prices may go down further to 28 levels but eventually it will rise with the time and may cross over all time high of 45 levels. At current price levels, it is an opportunity to invest and gain returns above 35% in few months time. Stoploss shall be 25 levels.
Mahindra Failing To Make New High, Downside Breakout ConfirmedIt is been observed that the price action is been consolidation with a rectangular price range and it was earlier also observed that the price action breaks upside but could not sustain the uptrend as we didnt get to see a new higher highs and after a while the price action breaks below the consolidation and now it is confirmed as we go to observe a lower low that indicates that the price action shall move to the downside direction.
Target: 1400
Stoploss: 1469