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Consolidation

TILAKNAGAR INDUSTRIES- 3 MHTS BREAKOUT WILL IT SUSTAIN ?Tilaknagar Industries Ltd. is an interesting Breakout on weekly chart to keep in radar 1. RSI in all time frames above 60 2. Price rise with huge volume 3. Three months long consolidation breakout 4. ABCD pattern under formation on weekly chart FUNDAMENTALLY Company has reduced debt. Company has delivered good profit growth of 23.5% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 27.2% will this breakout Sustain ? or Will it fizzle out and continue its consolidation ? Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:TILong
by purisonshuf
IOC: An interesting consolidation since jan24 will it breakout?Indian Oil Corporation Ltd. an interesting chart under price consolidation and an interesting chart to keep on radar. 1. RSI on all time frames above 60 2. Narrowing Bollinger Bands on weekly chart 3. Price Consolidating in zone of 147-189 since jan-2024 4. Major Price support near 164-170 zones Will it breakout ? or Will it fizzle out ? or will it continue its consolidation in Sep also ? Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:IOCLong
by purisonshuf
SHYAM METALICS - CONSOLIDATION BREAKOUT ON RADARRSI on all time frames above 60 Breakout with volume Narrowing Bollinger Bands on weekly charts Long consolidation breakout after a trending move Breakout supported by strong volume Major support near 660-710 zone Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:SHYAMMETLLong
by purisonshuf
PLASTIBLEN - A CONSOLIDATION BREAKOUT WILL IT SUSTAIN OR FIZZLE RSI on all time frames above 60 Price breakout with high volume ABCD pattern under formation on weekly charts Narrowing Bollinger Bands on weekly and daily charts Price moving on upper Band Major support 282- 308 zone Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:PLASTIBLENLong
by purisonshuf
DEEDEV DAY CHART BASE FORMATIONNSE:DEEDEV Company profile 🔹Dee Development Engineers Ltd. provides prefabricated piping solutions. It operates through piping, power and heavy fabrication segments. The Piping segment engages in the manufacturing of pre-fabricated engineering products, pipe fittings, and piping systems. The Power segment offers biomass-based power generation. The Heavy fabrication segment involves in the manufacturing of wind mill towers. 🔹Listed in July last year then it marked a high in a few days and after that, it went into a strong consolidation showing a Cool off IPO price rise and now it has formed a good base with a view to breakout. 🔹The IPO buyers must have been bore with the move and they are slowly exiting but some smart money is accumulating for another continuation of the up move. 🔹The volume is slowly decreasing on each fall showing sellers exhausting. The Fundamentals:- ➖The company is making year-on-year growth in revenue and Profits. ➖Recently it has received big orders. Entry and Other levels are marked on the chart. Always use stop-loss to avoid unnecessary drawdowns. Keep Learning, Happy Trading.
NSE:DEEDEVLong
by SANJAYPATIDAR_
ADF FOODS near Breakout Zone; Will it Breakout or consolidate ?ADF Foods Ltd. is an interesting chart with following 1. Price consolidating for last 11 month's and is near breakout levels. 2. RSI on all time frames above 60 3. Narrowing Bollinger Bands with price walking on upper Bollinger Band 4. Price Rise with huge Volume bars 5. Major Support near 215- 228 zone being cluster of moving average supports. A stock to keep on Radar ; A Consolidation ; Will it breakout or continue consolidating ? CAUTION : RSI Negative Divergence visible on charts Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:ADFFOODSLong
by purisonshuf
PRAKASH INDUSTRIES -A BREAKOUT : WILL IT SUSTAIN OR FIZZLE OUT ?Prakash Industries Ltd. is an interesting chart with following 1. Price Breakout from last 10 month's Consolidation 2. RSI on all time frames above 60 3. Narrowing Bollinger Bands with price walking on upper Bollinger Band 4. Price Rise with huge Volume bars 5. Major Support near 170- 192 zone A stock to keep on Radar ; A breakout will it Sustain or fizzle out CAUTION : RSI Negative Divergence visible on charts Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:PRAKASHLong
by purisonshuf
SARDAEN a consolidation breakout will it sustain or fizzle out Sarda Energy & Minerals Ltd. is another consolidation breakout 1. RSI on all time frames above 60 2. Breakout of one year long consolidation 3. Major cluster of supports near 258-295 zone which can be good risk reward zones to buy on dips Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:SARDAENLong
by purisonshuf
VETO a long consolidation breakout will it sustain or fizzle outVeto Switchgears And Cables Ltd. an interesting breakout from 4 years long consolidation 1. RSI on all time frames above 60 2. Price Breakout with volume 3. Major support with cluster of moving averages in the zone of 135 - 165 Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:VETOLong
by purisonshuf
SH KELKAR BREAKOUT WILL IT SUSTAIN OR FIZZLE ?SH Kelkar And Company Ltd. is an interesting chart breakout 1. 6 month's Consolidation breakout in the chart 2. RSI on all time frames above 60 3. Price Breakout with huge Volume candles 4. ABCD pattern on weekly chart 5. Major supports with cluster of moving averages in zone of 185 - 200 which can act as multiple support area. Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:SHKLong
by purisonshuf
SHAYM METALICS 7 MTHS CONSOLIDATION WILL IT SUSTAIN ?Shyam Metalics And Energy Ltd. is another interesting chart 1. 7 month's Consolidation breakout in the chart 2. RSI on all time frames above 60 3. Price Breakout with huge Volume candles 4. ABCD pattern on weekly chart 5. Major supports with cluster of moving averages in zone of 665 - 720 which can act as multiple support area. Fundamentally Company has reduced debt. Company is almost debt free. Company's working capital requirements have reduced from 34.1 days to 12.1 days Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:SHYAMMETLLong
by purisonshuf
KOPRAN 12 MONTH LONG CONSOLIDATION BREAKOUT Kopran Ltd. is an interesting consolidation breakout stock 1. 12 month's Consolidation breakout in the chart 2. RSI on all time frames above 60 3. Price Breakout with huge Volume candles 4. ABCD pattern on weekly chart 5. Major supports with cluster of moving averages in zone of 247 - 273 which can act as multiple support area. Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:KOPRANLong
by purisonshuf