Consolidationbreakout
Polizybazar broke out of a consolidation. Looks good positionall It just broke out of consolidation. Looks good positionally. If 1968 is broken then can add further or look for fresh entry.
The market is yet to give a clear indication of a reversal. So please trade carefully. The chart shared is only for educational purposes.
Risk: 12.4%
Reward: 24.6%
RR: 1:2
KABRA EXTRU. A 6 MNTH CONSOLIDATION BREAKOUT WILL IT SUSTAIN?Kabra Extrusiontechnik Ltd. is an interesting 6 month long consolidation breakout
1. RSI on all time frames above 60
2. Price Breakout with huge volume candles
3. Narrowing Bollinger Bands on both daily and weekly charts
Will it sustain ?
or
Will it Fizzle out ?
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 take some position with my own Risk Reward matrix.
Consolidation Breakout - RAIN📊 Script: RAIN
Key highlights: 💡⚡
📈 Script is giving consolidation breakout on daily chart.
📈 One can go for Swing Trade.
BUY ONLY ABOVE 176
⏱️ C.M.P 📑💰- 176
🟢 Target 🎯🏆 - 187
⚠️ Stoploss ☠️🚫 - 171
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Consolidation Breakout - VOLTAS📊 Script: VOLTAS
📊 Sector: Consumer Durables
📊 Industry: Air-conditioners
Key highlights: 💡⚡
📈 Script is giving consolidation breakout on daily chart.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1594
🟢 Target 🎯🏆 - 1668
⚠️ Stoploss ☠️🚫 - 1566
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Consolidation Breakout - WELCORP📊 Script: WELCORP
📊 Sector: Steel
📊 Industry: Steel - Large
Key highlights: 💡⚡
📈 Script is giving consolidation breakout on daily chart.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 696
🟢 Target 🎯🏆 - 756
⚠️ Stoploss ☠️🚫 - 663
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
ELIN - 1.5 Years Downtrend / Consolidation BreakoutElin Electronics Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (February, 2023). Now It has given a Consolidation breakout & Closed with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may reach it's previous Life Time High (245 - 17.50% from the price 208.32).
4) Recommendation - Strong Buy.
ASKAUTOLTD - 7 Months Consolidation BreakoutASK Automotive Ltd
1) Time Frame - Daily.
2) The Stock has been Consolidating since (November, 2023). Now It has given Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The next resistance would be around the price (390 - 13.90% from the price 342.30).
4) Recommendation - Strong Buy.
Keep An Eye - Consolidation Breakout - TRENT📊 Script: TRENT
📊 Sector: Retail
📊 Industry: Trading
Key highlights: 💡⚡
📈 Script is giving breakout of Consolidation Zone we may see good rally till 4243.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 4158
🟢 Target 🎯🏆 - 4243
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Consolidation Breakout - SJVN📊 Script: SJVN
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
Key highlights: 💡⚡
📈 Script is giving breakout of consolidation zone as highlighted into chart.
📈 Already Crossover in MACD & Double Moving Averages.
⏱️ C.M.P 📑💰- 132
🟢 Target 🎯🏆 - 142
⚠️ Stoploss ☠️🚫 - 127
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
IOB / INDIAN OVERSEAS BANK - 4 months consolidation BreakoutINDIAN OVERSEAS BANK
1) Time Frame - Weekly & Monthly.
2) The Stock has been in a consolidation / Downtrend since (September, 2023). Currently the stock has given a breakout & Closed with strong bullish momentum & Good volume in weekly time frame.
3) The stock may reach the January, 2015's high (64.65) in short Term.
4) Recommendation - Strong Buy
DMART - Bullish Consolidation BreakoutNSE: DMART is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
CIPLA| Leader of Next Pharma BullRun| 45% UpsideNSE:CIPLA
CIPLA - CMP in Blue Sky Zone and near Life time high
Rising in Parallel Channel since 24 month
13 month consolidation in tight range & then resumption of uptrend.
Targets: 1320 - 1458 - 1683
Upside : 45%
SL : 990
Time Frame : 6 - 18 Month
CMP above all major monthly Exponential Moving Averages
RSI in Bullish Zone
DRREDDY - Consolidation BreakoutNSE: DRREDDY is closing with an bullish consolidation breakout candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
#Birlasoft consolidation breakout with volumeThis IT small cap near debt free stock has broken out from a long consolidation with huge volumes.
A low of candle below moving average can be positional stop loss on daily.
The momentum is bullish, trend is bullish with rising strength ,sector is bullish.Bollinger bands
expansion also shows the breakout.
CIPLA 1D LONG : Price consolidating in range from last 1.5 monthPrice is consolidating in tight range from last 1.5 month. One can add this to watchlist to track for upper breakout or down breakout and price retesting support line.
Trading Opportunities:
1) Upper breakout with volume for long position
2) Lower breakout and price taking support and reversal