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Consolidation-breakout

SAREGAMA - 2.5 Years Downtrend Breakout Saregama India Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Downtrend since (January, 2022). Now It has given a Downtrend breakout & Closed with good bullish momentum candle & with good volume in weekly Time Frame. 3) The next resistance would be It's previous Life Time High (550.60 - 15% from the price 478.35). Also It may perform well in the long term (Stock is almost debt free with good fundamentals). 5) Recommendation - Strong Buy
NSE:SAREGAMALong
by SHRIHARII
CGPOWER - 4 Months Consolidation BreakoutCG Power & Industrial Solutions Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Consolidation since (November, 2023). Now It has given a Consolidation breakout & Closed above it's (November, 2023) High with good bullish momentum candle & with good volume in Weekly Time Frame. 3) The stock may find It's next resistance around the (price 620) in short term. 5) Recommendation - Since the market is quite weak Consider Buying it with tight Stop Loss.
NSE:CGPOWERLong
by SHRIHARII
IOC NEAR CONSOLIDATION BREAK OUT IOC Rally - Base - Rally price action 1.First Rally, then forming Base (Consolidation) & then again expected Rally after break out of the line of least resistance. 2. Close above previous day High(172.6) 3. Close above last week High(173.7) 4. High increase in 1 month (+5.4%) 5. High increase in 3 month (+20.5%) 6. High increase in 6 month (+103.4%) 7. High increase in 12 month (+117.1%) 8. Promoter holding 51.51% 9. Pledged percentage 0.00 % 10. Change in Prom Hold 0.00% 11. FII holding 8.49 % 12. Chg in FII Hold -0.35 % 13. DII holding 10.2 % 14. Chg in DII Hold 0.33 % 15. Stock PE 5.33 16. Industry PE 7.89 17. ROCE 8.09 % 18. ROE 7.17 % For Educational Purpose Only
NSE:IOC
by Sachin_Lokchandani
RVNL - Bullish Consolidation Breakout with VolumesNSE: RVNL is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 15% to 25% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:RVNLLong
by BrahmaBull31
MAPMYINDIA - Bullish Consolidation Breakout with VolumesNSE: MAPMYINDIA is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 12% to 20% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:MAPMYINDIALong
by BrahmaBull31
SOLARA ACTIVE PHARMA - Bullish Momentum with VolumesNSE: SOLARA is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 9% to 15% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:SOLARALong
by BrahmaBull31
NBCC - Bullish Momentum with VolumesNSE: NBCC is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 18% to 28% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:NBCCLong
by BrahmaBull31
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NOCIL - Bullish Momentum with VolumesNSE: NOCIL is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 11% to 16% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:NOCILLong
by BrahmaBull31
CIGNITITEC - 4 Months Consolidation / Retracement BreakoutCigniti Technologies Ltd 1) Time Frame - Monthly. 2) The Stock had given an All time high breakout & It has been in a Consolidation since (November, 2023). Now It has given a Consolidation breakout & Closed above it's (November, 2023) High with good bullish momentum candle in Weekly Time Frame. One can consider entering here with weekly TF or Should wait for the strong monthly close above (1204). 3) The stock may find It's next resistance around the (price 1510) in short term. 4) Ev en though the MidCap and SmallCap index were showing weakness in the past week the stock had shown some relative strength and managed to sustain above it's 21 day moving average. Since It's a 3500 Cr Market Cap stock, One need to be cautious & should keep the Stop Loss tight In case of any sudden selling in the stock. 5) Recommendation - Consider Buying it with tight Stop Loss.
NSE:CIGNITITECLong
by SHRIHARII