Consolidation
Biocon - Box Breakout tradeAfter the fall Biocon has is consolidating a price range, rejecting near 407. So breaking that range will bring buying interest. So buy when it breaks 410 with SL of 400 spot.
It can trigger sell also if the lower levels break but it is near support area so I won't be taking sell trade.
Gujarat Alkalies Will bast in coming days.All observations on charts.
Larger the consolidation powerful is the breakout
simple set up.
PFC | Flag pattern - Safe Bet & looks good for 10-15%PFC | Flag pattern - Safe Bet & looks good for 10-15%
CMP : 127 (Any dip to 122 level is excellent buying opportunity)
SL : 120
Target : 139,145
Attached weekly chart in comment section
FORTIS | Breakout with retracement excellent risk reward - 32%FORTIS | Excellent breakout after 183 weeks of consolidation - Now retraced little bit heavily towards the breakout zone.
CMP : 166
SL : 155
Target : 220
1:5+ risk reward setup.
National Peroxide Accumulation done, Ready to MoveAll observations on chart.
Stock is consolidating since May 19 till today.
Even during crash and bull rally stock didn't participated either.
Expecting a good move here.
Consolidating since long time and good volumes seen recently.Stock is consolidating since October'19. Showing up good volumes over the past couple of sessions. Safe traders can take entry if it breaks 41.5 with strength. Risky traders can take entry as there is also support from 0.6 Fibonacci level currently.
V Guard , Breakout candidate. All observations on chart.
Consolidating for long time.
Longer the consolidation more powerful is the breakout.
Check out similar breakouts below.
14 Years Long Consolidation Breakout !! Holi Pick !!* 14 Years long consolidation breakout in Weekly chart . i assume monthly close above 210.00 then monthly breakout will happen.
Wishes You & your family a very Happy Holi .I wish this holi your P&L always in Green
Triangle pattern in TitanAs per triangle pattern goin on in Titan, we should wait and watch for breakout and then create fresh long or short position depending on which side it gives breakout. I am personally looking for upside breakout
Axis Bank - Descending triangle after run up - Buy @726Buy axis bank at the bottom of the pattern for small sl and big target. There is very less chance that this stock will fall below the pattern support. Banks are looking strong after this correction and as infra projects will be starting so more lendering is expected. Therefore no sign of bearness in this stock.
Target 824
Sl 700
Bharti Airtel - Consolidation Add to Watchlist and watchoutLooks like it is in consolidation for the last 2 weeks.
Keep watching and look for an uprise or a downfall.
It will be quick movement so watch out tightly.
Bank nifty analysis 25Mar2021Consolidation phase only range
gap up 33389 - 33203
gap down 33203 - 32739
mostly consolidation
Buy MindtreeBuy Mindtree above 2027 Stoploss 2000
Study: Stock is consolidating near 2020 level...if breaks it with volume then can move up further
BANKNIFTY | Can we expect some mercy from BANKNIFTY - 800 pointsBANKNIFTY | Can we expect some mercy from BANKNIFTY - 800 points
CMP : 33500
SL : 33250
Target : 34300
Will Delta Corp give a good move again?All levels mentioned in chart. Just for learning. I'm not responsible for your Profit or Loss.
BGRENERGY - will it show power ?14 week consolidation.
One red flag is - prior trend is lagging.
Forming a cup.
Not is 2nd stage.
Pocket pivot off 50 DMA.
Volume lookout is good.
TGT - 60-65 min.
ADANI is close to bounce back from the channel and break consoliAdani Enterprises is in strong uptrend. Though fundamentals suggest this stock is overbought, technically it looks like it is in consolidation from a few days, and following a channel pattern in consolidation. It may happen that it will come down some more and then it can take support.
Now, it may happen that consolidation will continue for a few more days, but it will bounce back after touching the lower end fo the consolidation channel.
CESC | Tight consolidation - still good for 20%CESC | Tight consolidation - still good for 20%
CMP : 581
SL : 550
Target : 695
We are holding the position for the last 27 days. Attached previous chart reference aswell.
1:4+ risk reward setup.
KOTAK BANK ANALYSISExplanation on the chart.
The price seems to be rejecting lower levels very sharply and seems to be consolidating above the 200MA on the 1 hour chart. 1900 is also a psychological level that is acting as a good support over the last couple of sessions.
I would consider the current price to be a good entry point on the stock with a medium term perspective and the price could re-test 2,000 soon.
These are my personal views and I reserve the right to be wrong. Please trade with appropriate risk management.
