Consolidation
Stock Analysis of IFB Industries Ltd.Price - 1179.85 Dt. - 08.10.2021
Stock is consolidating near the support line placed at 1168.70. It tried to break this level twice before breaking successfully with higher than average volume. Stock is consolidating for the last 4 weeks and it looks like the stock is ready to resume the uptrend. RSI is strong and stock is above 21 DEMA and 50 DEMA.
TATA MOTORS - UPSIDE (Monthly Chart)Auto sector has not participated much in the NIFTY rally, but seems that the index is getting a push now. TATA MOTORS seems to be a good candidate. After recovering from low, it is consolidating nicely at a important fib level (seems like accumulation is going on). The stock is trading above near/med/long term moving average.
MCX GETTING CHARGED UP FOR THE NEXT RALLY?MCX broke it's monthly resistance and has retested it very well and is consolidating for a big movement ( high chances of upside movement ). BUY once it breaks out the trendline resistance on a weekly chart with good volumes.
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Minda Industries - Looks good for an upmoveStock was consolidating. Today the stock has shown a strong candle. The stock looks ready for a decent upmove
Will growth convert into momentum ? - MSTCLTDLong long consolidation of 8 months.
great results in last 2 quarters with high EPS growth
probable candidate for BO
3T VCP
good accumulation in base
SL - below 300
TGT - 400-418
HINDULVR TRADE SETUP FOR MONDAY (4TH OCTOBER)HINDULVR share was in downward momentum from some last trading days.
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It made a downward trendline and on Friday the share broke the trendline and,
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Second, share took the support from 2680 level two times so now on monday,
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You can buy this trade at the level of 2705 for the target of 2750.
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Swing target's: 2800.
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What's your view on this comment below in the box.
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DLF TRADE SETUP FOR MONDAY (4TH OCTOBER)DLF was in upward momentum after crossing 345 Trader earn a good profit.
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Now 421 is a strong resistance, DLF touched this level and goes down and then recovered.
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Now the stock are in consolidation mode. If stock goes above 421, we can see the good upward momentum.
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What's your view on this comment below in the box.
MANAPPURAM FINANCE TRADE SETUP FOR TOMORROWMANAPPURAM FINANCE share is near to breakout, stock is consolidating between 170-175.
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Previously we also gave the trade when MANAPPURAM is at 168. Now again it a time to BREAKOUT.
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169-170 is strong support zone, you can buy this trade once it cross 175 for the target of 180-185
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What's your view on this comment below in the box.
MCDOWELL TRADE SETUP FOR TOMORROWMCDOWELL share is near to breakout either it goes down or up.
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We also gave this old Setup around one week and it gives a good profit to the trader.
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Now for tomorrow if MCDOWELL share goes above 834 you can buy this trade.
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If stock goes down below 815 we can sell this trade.
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What's your view on this comment below in the box.
Mentorship InstaView 27 Sept’21: “18” Till I Die
Nifty View: A day of consolidation for the benchmark Nifty, as the index slipped significantly from its opening high of 18,088 and manage a close at 17,862, a day’s gain of just 8 points. However more importantly it was the index management which was noticeable with AUTO stocks picking up momentum as erstwhile out-performers like IT & FMCG cool off. The underlying trend is still UP and there is no strong evidence of a reversal, and so one should continue with a bullish bias and look for fresh momentum breakouts. Watch the video for a much detailed index and sectoral analysis.
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India Glycol Multiyear BreakoutSimple 13 year old consolidation with high volumes.
Stocks give multibagger returns after breakout of such long consolidation.
Longer the consolidation more powerful is the breakout.
Below is Weekly chart.
Perfect high volume breakout bar & Retest.
Never miss out on such setups!
RBL BANK TRADE SETUP FOR SWING TRADINGThere is major resistance at 185 level, as you see in the chart,
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After break the 185 level stock goes down and then recovered in a v shape and again,
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The stock is consolidating and taking support of 185 there is two condition in this trade.
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If it break the support, so we can see the good downward momentum.
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And if the stock goes upside, you can buy the trade once it cross 188 level for the target of 195-200
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What's your view on this comment below in the box.