HBL Power, DTL BO anticipationHBL power from strong sector,
-gave signal when gap up with vol n consolidating good there
-DTL BO anticipation (DownTrendline Breakout)
-Volatility Contraction in price
-Tightness
Dtlbo
LICI, a strong name about to breakout?LICI is consolidating for almost 130 days (Good period of consolidation) after giving 100% move in 80 days.
-In DTL, BO anticipation if retest again.
-Good shakeouts
-1003 good support (AVWAP from ATH)
Olectra Greentech Limited setting up for big moveOlectra Greentech Limited, a mojor electric bus company, in DTL BO zone.
Also anticipation of BO of AVWAP from 52W High.
Mazdock, setting up again with other defence stocks. -Posted great results. Whole defence sector strong.
-Breakout from long base.
-After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle.
-Tightness
- Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume.
-Downtrendline tested 3 times.
Jio Fin, ready to fly again?-DTL BO (Down Trendline breakout) anticipation
-Now above 4/June (election result) volatility carnage, finaaly in sweet spot too
Sunteck, resilIent in correction with good results-Posted good quarter results
-DTL BO (Down Trend Line Breakout) anticipation
-Green Vol > Red Vol
MMTC, DTL BO MMTC making HLs about to test DTL (Down Trend Line)
-VCP in action
-Sellers flushing out
-Check its prior moves, it moves with great momentum
Wockpharma: DTL BO?-if Nifty Pharma breakout from long Parallel Channel (PC), Wockpharma can be one of pharma companies to perform, as it also forming long base and,
Long Base = Long Breakout .
-DTL BO anticipation (Down Trendline Breakout), tested 4 times but didnt fall with volumes.
-Clearly, Green vol > Red vol
-VCP pattern (15W-22/6-3Ts)
-Earnings due on 28th May
Setup is solid lets see how it work out. Cheat entry (Cheat entry are basically early entry in anticipation of BO) can be around 564ish level BO if day starts with Strong Start (gap up without or barely touching previous day low)
But one should wait for confirmation, if it breakout good then it can be confirmation for other stocks too as there are and always will be many opportunities in the market, only one have to seek.
