Khadimindia
📈Liberty Shoes Ltd - Potential Breakout OpportunityHello fellow traders and investors,
I'd like to highlight an intriguing stock that has caught my attention - Liberty Shoes Ltd . This company has been consolidating for an extended period, and it appears to be setting up for a potentially exciting move. Here's what you should know:
🔒 Long-Term Consolidation :
Liberty Shoes Ltd has been in a prolonged consolidation phase, displaying remarkable resilience during this period. Such extended consolidations often precede significant price movements, and patience can be rewarded in these situations.
🔄 VCP Base Formation:
What's particularly intriguing is the formation of a Volatility Contraction Pattern (VCP) base. The VCP is a technical pattern characterized by a gradual tightening of price volatility. It signifies a period of accumulation and preparation for a potential breakout. This pattern is favored by some of the most successful investors and traders.
🚀 Potential for Range Breakout:
With a VCP base in place, Liberty Shoes Ltd might be gearing up for a range breakout. A breakout from this consolidation phase could result in a substantial price move. This could be a game-changer for those seeking to capitalize on such setups.
💼 Significant Returns (6-12 Months):
While nothing is certain in the market, the technical setup on Liberty Shoes Ltd suggests the potential for significant returns over the next 6-12 months if a successful breakout occurs. Keep in mind that market conditions can change, so regular monitoring is essential.
🚦 Risk Management is Key:
As always, it's crucial to manage risk effectively. While the setup is promising, it's wise to diversify your portfolio and allocate an appropriate portion to this trade. Remember that all investments carry inherent risks, and past performance is not indicative of future results.
Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Conduct your own research, assess your risk tolerance, and consult with a financial advisor if necessary before making investment decisions.(only for educational purposes)
What are your thoughts on Liberty Shoes Ltd? Do you see the potential in this VCP setup? Share your insights below, and let's discuss this exciting opportunity! 🚀📊👞
KHADIM STOCK WELL SUPPORT TAKENLook Khadim stock very well support taken but be very cautious very bullish candle or can say sudden spike in a single day might be fake BO. So lets settle the stock above the 50 EMA for some time or entry to be taken on re-test around 195-200 level . Keep & watch this stock . This is for your education purpose only.
KHADIM - Ichimoku Bullish Breakout Stock Name - Khadim India Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 319
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
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🎯Khadim NSE:KHADIM
One can go long above current doji ans Stop Loss must be below recent low. Stop Loss is Quite big But remember this is Non F & O stock so arrange your positioning and sizing wisely.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on them. We are not SEBI registered.
KHADIM | Looking good for another rally | 70% upside | HoldCMP- 285
SL- 269 (closing basis weekly)
Target - 470-500
20/7/21 (second view for KHADIM) **see 1st post
- Market structure HH,HL and breakout of important zone and now retest
- Resistance of 270-280 was broken decisively
-Support formed with burst in trading activity
- Above all EMA's on D and weekly major EMA's crossing over
-Parameters positive
-More people have been taking deliveries on retest levels
Can go long now, or wait for green candle to form, confirm with volumes
Good R:R
The bull is on fireIt just broke 208; a level of importance. This level has been a long term support and when it broke down, the stock went bearish. Now, things have changed and it broke this level with volume. It may retest the support or test the channel top but due to last two candles having massive volume, things are very bullish given the MACD. Risk is moderate as the RSI is going towards oversold area else it would have been minimal risk.
Targets: 281, 310, 428
SL 224
Risk-o-meter: Moderate
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