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Triangle breakout in GNFCIf we look at the daily timeframe for GNFC , we can clearly see there is a triangle breakout with good volumes. The breakout has come almost after 4 months of consolidation inside the triangle. After the breakout, there has been a small consolidation which is really healthy for the stock. At any given day, the stock can gain momentum and rise now. It is also near to the psychological level of Rs 500. Once the stock gives closing above Rs 500 in the daily candle closing, we can see a good move. We can easily aim for 5% - 10% returns from the stock. Do like it :) It will motivate me to write more
NSE:GNFCLong
by StocksGyan
Channel Breakout in HEMIPROPLooking at the chart in daily timeframe for Hemisphere Properties, we can clearly see there is a breakout from the channel pattern after almost a year of consolidation. The upper trend line of the channel has been broken with absolutely huge volume. We can see a small consolidation after the breakout which is a healthy sign for the stock to move upwards. If the momentum continues, it can easily give double digit returns to the investors. You will also find many other stocks ideas in my profile! Do like it :) It will motivate me to write more
NSE:HEMIPROPLong
by StocksGyan
Triangle Breakout In BrigadeLooking at the daily timeframe for Brigade Enterprises, we can clearly see a triangle breakout after 4 months of consolidation. Currently it has broken the upper trend line of the triangle. If we see, the breakout candle was a bearish doji candle but the next 2 candles have confirmed the breakout. The current closing is at Rs 517 which can be considered for buying. It is also near it's all time high. We might be seeing a price discovery from the next few candles. A very high probability of 5% to 10% push in price is possible. Do like it :) It will motivate me to write more
NSE:BRIGADELong
by StocksGyan
Triangle Breakout in AsterDm HealthcareIf we see the daily timeframe for Aster DM healthcare, it is clear that the stock has given a breakout after 5 months of consolidation inside the triangle pattern. Currently it has broken the upper trend line with good volumes. It is also near to the psychological level of Rs 200. If it breaks Rs 200 with good volumes and gives a candle closing above it, we might see a aggressive buying in this stock. With the current momentum, we can definitely look out for 5%-10% gain from this stock in the short term. Do like it :) It will motivate me to write more
NSE:ASTERDMLong
by StocksGyan
Triangle breakout in Gujarat AlkaliesIf we see the char in daily timeframe for Gujarat Alkalies, we can see a triangle breakout with rise in volume. The upper trend line in the triangle has been broken. The momentum has been very good from the past 2 candles. If the bulls support the momentum, it can easily give us more than 5% returns in the short term. This breakout might also lead to All Time High. But we can't predict anything. Do like it :) It will motivate me to write more
NSE:GUJALKALILong
by StocksGyan
DHAMPUR SUGAR MILL (NO INDICATORS - ONLY PRICE ACTION) 1 - Stock has been forming channel pattern 2- good support @bottom and almost five resistance at top 3 -And low selloff candles which is good sign 4 - one can enter after the breakout (Always observe the candle while entering on breakouts (Is the candle closed strongly or weak)) NOTE : I only use simple price action Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
NSE:DHAMPURSUGLong
by ONLY_PRICE_ACTION
AVADH SUGAR ENERGY (NO INDICATORS - ONLY PRICE ACTION)1) Firstly pretty good channel breakout 2) And successfully Retested the trendline with low sell off candles 3) You can aim for 530 levels for the target (i.e 1:2) and keep your stop loss below the breakout candle. 4) I gave the target levels in this trade. Actually, I don't set the target, I do take exit depending on price-action (and it varies from the person to person's conviction) 5) still if you want to set a target then go with 1:2 or 1:3 risk reward 6) Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market) NOTE: I only use a simple Strategy that always gives superior returns, Don't get carried away with all the complex strategies that are in the market. Complex doesn't necessarily mean good. IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
NSE:AVADHSUGARLong
by ONLY_PRICE_ACTION
GANESHA ECOSPHERE (NO INDICATORS - ONLY PRICE ACTION)1- Nothing much to explain very simple analysis 2- channel breakout with reversal pattern in weekly time frame 3- Reversal pattern confirmed with second week closed in Green , which is good sign. 4-And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's conviction) 5- still if you want to set a target then go with 1:2 or 1:3 risk reward 6- Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market) NOTE : I only use simple Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good. IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
NSE:GANECOSLong
by ONLY_PRICE_ACTION
RHI MAGNESITA INDIA LTD (NO INDICATORS - ONLY PRICE ACTION)1) A simple channel pattern with seven touches at the top and three touches at the bottom. 2) One can after a breakout. 3) And the target always depends on price action, actually I don't set a target, I do take exits depending on price-action (and it varies from person to person's conviction) 4) still if you want to set a target then go with 1:2 or 1:3 risk reward 5) Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market) NOTE: I only use simple Strategies that always give superior returns, Don't get carried away with all the complex strategies that are in the market. Complex doesn't necessarily mean good. IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS ....... Trend Analysis Chart Patterns indianstocks indianstockmarket priceaction priceactionanalysis chartpatterns GANECOS ganeshaecosphere
NSE:RHIMLong
by ONLY_PRICE_ACTION
Maruti Jackpot (Pending)If you can see the graph I have tried to do 3 year - 1 year & 1 month analysis with volumes, on the three year chart- 1. Maruti is closing near to it's 3 year resistance & today breaking it with a bullish candle, also an Inverted HNS pattern has been formed which signals bullish move, 2. on yearly chart - vague double bottom is formed in last few months which too signals bullish move & 3. finally Volumes- they haven't been fairly convincing but according to HNS pattern volumes are low during right shoulder but after complete pattern formation - we can expect higher volumes with bullish momentum, Expecting 10K for Maruti soon ( reviving back its old position :) ( yeah the technical indicators of Maruti are signalling STRONG BUY
NSE:MARUTI
by vikhyatjain1
1
A must buy opportunity in BHELLooking at the 4 hour time frame, the stock is making a beautiful triangle pattern inside of a channel. It has broken the trendline resistance of Rs 61 and has moved upwards. After almost 3 months of moving inside the candle, it has finally given a breakout. It also broke the trendline with good volumes which is another positive sign. Around 8% returns can be expected from the current levels in the short time frame. When we look at the 1 week timeframe, it is clear that BHEL has given a breakout after crossing Rs 61. More than 20% returns can be expected in long term from BHEL. It can be bought now with a very small stoploss and the target being at the upper trendline of the channel pattern. NSE:BHEL
NSE:BHELLong
by StocksGyan
MINDA CORP LTD (NO INDICATORS - ONLY PRICE ACTION)1) Take it as an intraday trade 2) Simple channel pattern to trade, one can enter after the breakout. 3) And the target always depends on price action, actually I don't set a target, I do take exits depending on price-action (and it varies from person to person's conviction) 4) still if you want to set a target then go with 1:2 or 1:3 risk reward 5) Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market) NOTE: I only use simple Strategies that always give superior returns, Don't get carried away with all the complex strategies that are in the market. Complex doesn't necessarily mean good. IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
NSE:MINDACORPLong
by ONLY_PRICE_ACTION