TATA Power: Bullish Flag Breakout awaitedTATA Power has given breakout (near Rs 80 range) on a weekly time frame "couple of months before". This breakout took time of around 12 years.
It has already RETESTED its weekly support.
There are some fundamental news also floating around.
* Electric Vehicle Boom Era and Green Energy: Its management is working hard to replace it's thermal power plants to the "Fully Green" power generation power plants, so that it won't miss the upcoming boom. It is also working to provide Electric Vehicle charging stations to more and more cities.
Etc.
I am expecting a breakout due to "bullish flag" chart pattern. Remember, the daily candle is invalid if it has more wicks and less body, and it must close higher than the resistance line. Entry can be made after 3:00 PM when the daily candle is nearly closed. SL can be placed below the low of "breakout candle" or below the previous support.
I'll update SL and Target after the breakout.
Disclaimer: Please do your own research before jumping into the trade. Till that, just be a spectator and evaluate how the prices move after the breakout. I already have open positions which I'll hold or exit at my SL.
Flag
Symphony up 15%? Reason explained post marketI am posting this chart so that we can trade this opportunity in future. I.e. Learning from the past and implementing in future.
Just look at the chart pattern, it looks like a bearish "flag" in 1 hour timeframe. Just look at the buying pressure at 1st 1 hour candle.
What's next?
Well, I am expecting this rally will continue after a retest at the "breakout level".
NEW ENTRY NOT SUGGESTED. Just wait n watch how the price react on Thursday, 22 April.
HDFC AMC_ Breakout may be possible in near futureDisclaimer: I already have open position which I will exit or not exit (it depend upon how the price react near resistance)
The breakout is yet to happen. If the breakout successful, I'll hold my open positions and/or add more qty. Otherwise I am ready to exit, provided there are some bearish signals.
If the share consolidate for at least 3-4 days, it can move on either direction very very fast.
There is risk involved or you can say one major hurdle in our trade will be "lower highs". Until and unless it crosses the previous "swing highs", it's the point of concern for this trade.
Best short opportunity in Vodafone Idea;Weekly "bullish flag breakdown". I am seeing target near Rs 3.5
This trade will take some time (weeks to months) and it'll test patience.
Risk-Reward
1:5
Don't forget to cover your short once the target hit. And and, go LONG at the Target price (for investing or monthly trading perspective)
BREAKOUT, SEQUENT SCIENTIFIC, 110% RETURNS!!!BUY - SEQUENT SCIENTIFIC
CMP - Rs. 118
Target - 1: Rs. 162
Target - 2: Rs. 201
Target - 3: Rs. 248
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Timeframe - 4 months - 14 months
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Technicals - Ascending Channel Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, VASCON ENGINEERS, 135% RETURNS!!!BUY - VASCON ENGINEERS LTD
CMP - Rs. 76
Target - 1: Rs. 112
Target - 2: Rs. 150
Target - 3: Rs. 180
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Timeframe - 4 months - 10 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, EMKAY GLOBAL FIN, 150% RETURNS!!!BUY - EMKAY GLOBAL FINANCIAL SERVICES
CMP - Rs. 115
Target - 1: Rs. 192
Target - 2: Rs. 234
Target - 3: Rs. 285
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Timeframe - 4 months - 10 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, SUNTECK REALTY, 65% RETURNS!!!BUY - SUNTECK REALTY LTD
CMP - Rs. 469
Target - 1: Rs. 587
Target - 2: Rs. 680
Target - 3: Rs. 775
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Timeframe - 3 - 10 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Weekly Flag & Pole BO in APLLTDA bullish flag & pole Chart Pattern Breakout completed on the Weekly Time frame of NSE:APLLTD
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- possible Positive MACD Crossover
Disclaimer: This is for educational purpose only.
Good Long term Investment Opportunity The stock recently experienced a significant breakout in the form of a flag pattern on the monthly chart. Additionally, a double bottom breakout occurred on the weekly chart, with subsequent retests confirming the breakout levels. The combination of these breakouts and successful retests suggests substantial upside potential for the stock. Traders and investors may find these technical developments compelling, indicating a favorable outlook for potential bullish opportunities.
Thomas Cook - Flag Pattern Breakout !!!Thomas Cook is showing a flag pattern break-out. It is also at ATH, so a breakout from that will push the price above. The RSI is above 60, and MACD is improving (If you MACD at weekly time frame it is already positive).
Travel industry has again picked up, and we can expect a good QoQ growth in this segment. We can expect a price jump to ~150.
"Clean Chart, Easy Chart"
Learing and Earning !!!
Cheers!!
Trent - Flag pattern!!!Trent is on a rising channel. Currently it is consolidating under a flag pattern, and is like to move to 2500. The business of Trent is also growing with more disposal income with people and good affordable brands under the belt of Trent. This can be taken for long term as well. Currently, an upside of 20% is seen.
"Clean Charts, Easy Charts"
Learning and Earning!!!
Cheers!!
Ashika Credit Capital - High Risk TradeThis is one of the penny stocks under 100 cr market cap which I feel has been in a range for over 2 years now and is ready to give the breakout anytime soon.
*Important to note - Please do not invest more than you could afford, there is no margin available in this stock
* Highly volatile stock can go down 5% and go up 5% so need to be patient with it. Please trade according to your risk capabilities. This is just for educational purpose
Currently trading between 36- 37.50
Target 1 - 43.6
Target 2 - 47
Stop Loss - 30
There is a high increase in the promoters holding as well in the last few months which is a big positive.