The stock has been consolidated for more than 13years keep an eye
1. Result on 17 May 2021
2.Airtel beats Jio to add most active users for a third straight month(expecting good results )
3.Formation of ascending triangle pattern
Chart structure looks like RAMCOCEM forming a Rounding bottom pattern. Currently its trading near its bottom level of this pattern. Expected it will complete this pattern within upcoming few trading sessions. At 1090 level it will face the neckline(resistance). Here either it will breakout this neckline or possible slightly consolidate 1-2 trading session. In case...
All observations on chart.
On weekly chart Hind zinc is making higher high higher low formation. Just below the all time high stock is consolidating.
longer the consolidation more powerful is the breakout.
Inside Bars Are formed Just before a breakout. Inside bar means one low volume small red candle is formed between big green candles and also opposite of this...
All observations on chart.
All sugar stocks are zooming.
Uttam sugar has formed a large falling wegde, bullish pattern. After breaking out stock is sideways for almost 4+ months with increased volumes, this shows accumulation is going on.
Expecting a breakout soon here.
Entry will trigger above 116. RR is more than 1:1. To make it more favorable one can enter...
A good and bullish candle . i.e, prefer a pinbar or an engulfer on 1330 lvls . will establish a buy for the IT giant INFY .... As trend is suggesting .... buy low and sell high in this sideways mkt of infy . For positional purpose : Hold on 1380 lvls to see if it breaks it, educational note : it might note break it in one go but might consolidate there with a...
💢for risky players💢
enter @230-40 range
strict sl below 200🙏
is this Accumulation Or distribution?
🔹Fund houses/brokerage firms updating their trgt into 280-300-350 levels.
🔹Stock with good financial performance alongside good to expensive valuation.
🔹Strong Financial perfomance.
🔹Also the chart looks postive.
Stock consolidating since 9 months.
longer is the consolidation more powerful is the breakout.
since stock is up today 10% buy only partial qty
wait for dip till 400 or
wait for range break and enter on testing.
All other observations on chart.
Many times I have covered range & consolidation breakouts.
1. Stop losses are low.
2. Kicking out by...
- Breakout candle on 9 Apr with higher volumes followed by a volatile consolidation
- Another bullish candle on 30 Apr with volumes
- 510 can be a nice entry however the price structure indicates uptrend
- Buying at 530 levels is quite risky, it is better to wait for another breakout candle above 550
- Price trending with shallow retracements
My fav symmetrical triangle breakout ... upper trendline been tested many times and is clean meaning no gap ups above the line and coming down back into the zone of triangle .... a closing above the line on 15m or u can watch for a good risk at 5 min too depends on your RR ratio and RM system. Take the trade as per
Happy trading :)
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional...
DCB Bank is consolidating in a very narrow range between 88 to 94 for past one month., Today the volume is great
We can expect a BO in this consolidation soon
Can be entered abv 95 - And Aim for 100/105
Stock has been consolidating for some time and now has come out pf rectangle formation. VOLUMES shows the accumulation and dried up when it fell and now spiked up .
stock is in uptrend ,making higher highs and lower lows