TATASTLBSL offers good R:R positionally (Study)- Price coming out of VCP contraction range;
- Spread value crossing over 50 ma;
- Positive Volume Activity during VCP Breakout.
- Accumulative volumes during consolidation.
- Stock took a breather of 20% after 110% rally.
Consolidation
ALKYLAMINE, darvas box consolidation breakout, coming up?Hello traders,
ALKYAMINE, a chemical stock which rallied huge on based of some news.
same rally might come up again if it breaks this 3 month consolidation box.
can go for first target of 14% upmove and 2nd target of 75% upmove.
keep a watch on this. can be best for swing and intraday.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
#VGUARD .. Watch for bounce back from supportVGUARD is a fundamentally strong company. It has come out of a 4 year long consolidation in range and has given a breakout with retesting completed.
Currently the price lacks momentum however, current structure is very bullish and can easily resume moving upwards during next week.
VGUARD has almost 2X twice after giving similar breakouts. See below -
Maharashtra Scooters Rounding Bottom Breakout (Consolidation)Maharashtra Scooters Ltd has a tendency to consolidate an then give a move . Previously before twice it has done the same thing . This time the consolidation has extended but looks like breakout has happened . Though there has been a little correction selling but if it retest's it can give an upward move or it can directly move upwards. Looks like a decent chart with good potential.
LINDE INDIA CUP AND HANDLE CHART PATTERN- Bullish Trend SoonThe following chart shows the CUP and HANDLE Chart Pattern of Linde India, Expect a Bullish Reversal Soon. A perfect Rounded Bottom was Converted into a Cup And Handle Pattern, giving more clarity towards the overall trend.
Make sure to Place your stop losses correctly, because last year we have seen a huge rally in this Stock. The Monthly Charts show a Perfect Evening Star. So make sure to go somewhere between Mid and Long Term.
Do follow for more trading setups like these
Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Manappuram Finance Breakout! NSE:MANAPPURAM Manappuram Finance Breakout
Breakout from a consolidation. Bullish.
Good Risk to Reward Ratio.
Will buy if takes support and moves further.
I would appreciate your thoughts on it.
PS. - I am not SEBI registered. This is for analysis and educational purpose only.
#TATACOFFEE .. 10-20% move is coming .. 2.43R Check the chart...strong price consolidation and hidden bullish divergence... RR on the trade is 2.43
Continuous in UptrendStock in uptrend since listing cause the fundamentals are very strong
and growth is very much impressive.
Future is bright fundamentally and so that looks technically too.
Let's see does it give breakout or breakdown.
The only one thing that is the wicks upper side in current pattern are long.
That should be also considering point to took a trade.
Even if it gave breakdown, the major support line is near so a pullback will also come soon so not to worry a lot.
It will be amazing if gave breakout.
Let's see.
This post is for information purpose only.
TATACOFFEE potential breakoutTATACOFFEE has been consolidating in this range for a few sessions now.
we can expect a breakout out of 195 if its accompanied by good volumes.
1HR chart also shows the same.
kindly perform your own analysis and enter trade above 195.
ASIANPAINT Trade Setup For Tomorrow ( 22nd July)So Asian Paint share give around 6% move on Tuesday, there is a two reasons behind it.
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1. Asian Paint was in consolidation mode from last so many days so it gave a breakout on Tuesday with the level of 3068.
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2. In the second half, Asain paint declare their good Quarter Results so it gives the more upward momentum to the share.
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So for tomorrow, there is a simple Strategy, Asian Paint share will retraced till .5 level mean till 3106 or 3083
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At the retraced level you should buy for the targets of 3270. .
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Note: Don't buy in the morning maybe after making one green candle stock will retraced, so buy only once it retraced.
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What's your view on this comment below in the box.
Stock Analysis of Cadila HealthcarePrice - 622.50 Dt. - 20.07.2021
The stock is consolidating from May 10 and on 20th July stock took the support of a lower horizontal line and managed to close above the 50DEMA. The stock broke the 21 DEMA which was acting as a support for the last few days. Nifty Pharma may start moving up from the next trading sessions.
If the stock starts moving up from Thursday and if it is above 630 after 1 pm with high volume then it would be a buy signal with the target of 670.
TATA MOTORS ANALYSISChart is self-explanatory (OPEN THE CHART FOR DETAILED VIEW)
Take position according to your analysis
Long position can be taken after the breakout from the consolidation zone with half quantity book at 338 (mid way supply zone) and full book at 360-370 (major supply zone and trendline)
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JK tire in simple consolidation See the graph, but formed last red candle so only enter in trade after 150.50 or 151 crossing , or else oppose of it, it may go to deep oversell zone , good to buy for short-medium term , just an idea i have...follow me for more genuine ideas on standard stocks only...
Mentorship InstaView 16 July’21: Consolidation is better than Co
Nifty View: A flat unit point's negative close for the benchmark Nifty index in today’s session to end the week. On a week-on-week basis, it was however a better performance as the index gained over 1.35% or 213 points and post a new life high. The index is essentially consolidating this recent rally with today’s flat close which has taken the shape of a “Bearish Harami” pattern on the daily time frame. I will reiterate my view that the only worry for the next couple of trading sessions will be if the index slips down and breaks below 15,775. Or else we should do fine and short tern consolidations like we experienced today is healthy for the underlying uptrend. Keep a bullish stance and look to add long positions.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.