Greetings traders! 👋
Today, I'm excited to share my analysis on Jamna Auto Industries #JAMNAAUTO has broken its previous high with significant volume, indicating a potential breakout. This breakout with volume setup suggests strong momentum and presents a compelling swing and positional trading opportunity. Our analysis includes thorough volume analysis, multiple...
A 6 month basing consolidation BO has happened.
Even a golden crossover has occurred.
If one were to observe carefully, its even a flag formation (BO of flag yet to happen).
One can take a small entry now and a full (position size) entry after flag BO with a strict SL of 2350 closing basis. As per consolidation the possible levels that can be achieved are 3200,...
Greetings traders! 📈 Today, I'm thrilled to present an intriguing setup on JAGRAN, showcasing a positional breakout scenario complemented by volume analysis. Here's a closer look at the setup:
📈 Setup: Positional Breakout With Volume
🔍 Analysis: Extensive analysis across various timeframes confirms the breakout potential.
📊 Indicator Support: Momentum indicators...
Hey traders! 👋 Today, I'm sharing my analysis on BFUTILITIE, which is showing a breakout setup with strong volume. Here's a breakdown of the setup:
📈 Setup: Breakout With Volume
🔍 Analysis: I've conducted a thorough analysis on multiple timeframes, confirming the breakout setup.
📊 Indicator Support: Momentum indicators are showing support for the bullish...
SJS Enterprises
CMP: 636
This stock has been in correction mode for some time now. On Friday, it broke out of a small range and trend line, but the breakout will be confirmed only if it closes above 655.
Once the trade becomes active, the stop loss will be set at 585. The targets will be 745, 840, 890, and 970+.
Refer to the chart provided to see the...
On a daily TF the stock has formed a rounding bottom pattern.
It has also given a BO to ATH levels.
With a strict SL of 167, one can enter for possible levels of 250 - 270
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When new traders first enter the fascinating world of trading & investing, they run quickly to bookshelves & absorb the trading masters.
But Neophytes must move slowly & protect...
Supriya Lifesciences made a gap up (episodic pivot) on 8th Feb due to its blockbuster earnings, intresting part is even in the carnage of Smallcap & Midcaps the gap has been sustained continuously for 3 consecutive days, and never did it break the low of the EP candle. This shows strength in the scrip and I believe in the coming days once the market recovers, this...
Analysis:
The provided chart of SMS Pharmaceuticals (SMS Pharma) on TradingView reveals a potentially lucrative breakout opportunity. Let's break it down:
Current Price: ₹145.45, comfortably above the multi-year resistance level of ₹136 marked by the blue line.
Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume,...
