Get started

Consolidation

Nifty - Neutral to Mildly Bullish View - 11/05/2021Disclaimer: 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 assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.
NSE:NIFTY
by Market-Thalaivaa
Infosys Sideways trend capture #Ep1 #LetsMakeMoneyTogetherA 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 pattern .... things will be updated here as per :) Also if it directly goes and breaks 1380 lvls which is highly unlikely scenario, but if happens go long instantly it might make better money than the sideways trend :)
NSE:INFYLong
by Averoy_Apoorv_Analysis
PETRONET LNG Short & Simple Short term Analysis✔✔💢for risky players💢 enter @230-40 range strict sl below 200🙏 trgt 258-275-300+🎯🎯 long 400+💰 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. 🔹Has been consolidating for the last 4 years. ✔197-202 is the major support level of the stock. ✔In the pademic crash the stock made a low of 170, 40% from jan high.chart below👇 ✔Just 15% from it's major support(4 year support).👇 ✔I am not saying 40% is small correction.yes it's a good correction.But we can see big rejection/wick candles in weekly time frame.that's why i feel it like an Accumulation.👇 I am not sure guys. I shared just my analysis✨ you can also share your views. Comment below✨ Anyway keeep watching note this is not a stock recommendation Study then enter🙏 like💚comment💚support
NSE:PETRONETLong
by ANKITHSHAJU
2
Hind Zinc, New Life high expeted.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 is one small bodied green candle is formed between big red candles. As you can see stock is stuck in range for a long time now, and is hovering at the upper end of the range. Expecting a good move here in coming days. check the chart below
NSE:HINDZINCLong
by varadtambolkar
11
Uttam Sugar Mills breakout complete now consolidating.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 with conviction now at CMP . One can buy partial quantity now and rest above 116. Besides these Other sugar stocks. 1. NSE:BALRAMCHIN 2. NSE:ANDHRSUGAR ( link attached below ) 3. NSE:DHAMPURSUG 4. NSE:DALMIASUG 5. BSE:DCMSRMIND 6. NSE:AVADHSUGAR
NSE:UTTAMSUGARLong
by varadtambolkar
6
Rounding Bottom Formation in RAMCOCEMChart 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 successfully breakout of this level gives strong uptrend in this stock towards the new level.
NSE:RAMCOCEMLong
by TradZoo
2
Range breakout expectedStock 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. Advantages 1. Stop losses are low. 2. Kicking out by hitting SL is occurs rarely. 3. Breakouts are of high intensity, Quick gains. 4. If you have entered in the lower end of the range & breakout fails, you still get good exit. 5. Profit probability is higher. Check similar ideas below
NSE:TCPLPACKLong
by varadtambolkar
9