flag pattern breakout Pitti Engineering has broke the flag pattern. This trade is little risky because the candle next to breakout candle has shown resistance to bulls and also the volume is very high but since it is Doji candle there is indecisiveness. To swing high in this trade entry could be made tomorrow or we can wait for this week's closing. Breakout candle has good volume.
Momentumbreakout
ZOMATO A CHANNEL CONSOLIDATION WILL IT BREAKOUT OR FIZZLE OUT ?Zomato Ltd. is an interesting chart in momentum with following
1. RSI on all time frames (D/W/M) above 60
2. Narrowing Bollinger Bands on daily chart with price walking near Upper Band
3. Four months long consolidation in range of 240 to 295 zone
4. ABCD pattern under formation on weekly chart
5. Major Price Supports as under:
20 SMA (daily ) 263
50 EMA (daily ) 264
20 SMA (weekly) 261
with cluster of supports in range of 260-264 can be a good risk reward trade. Fibonacci projection tool projects targets of 333 and 358 Lets see if it sustains the trend or fizzles out
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
DIVISLAB - CHANNEL CONSOLIDATION -WILL IT BREAKOUT OR NOTDivi's Laboratories Ltd. is an interesting chart with following
1. RSI on all time frames (i.e. D/W/M) above 60
2. Narrowing Bollinger Bands on daily chart with price walking on upper band
3. Two month's long consolidation of price in rectangular range of 5675 to 6300 levels and once price breaks out of this range, momentum will increase
4. ABCD pattern under formation on weekly chart
5. Major price supports at 5930 i.e. 20 Day SMA and 5750 i.e. 50 EMA respectively
Breakout of 6300 + levels on closing basis can fetch 6700 + and 6980 levels as per Fibonacci projection tool
Lets see How it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
PARADEEP : Stage 1 Breakout Continuation#PARADEEP #breakout #trendingstock #momentumtrade
PARADEEP : Swing Trade
>> Stage1 Breakout + Rally now consolidation
>> Ready for Continuation
>> Trending setup
>> Good Strength & Volume
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Note : In the current Market Scenario even the best of Trading setup's can fail so Trade only Good setup's with proper Risk Management, set of rules for Stop-loss & proper position sizing.
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
KROSS : IPO Base Breakout Soon#Kross #breakoutstock #breakoutsoon #breakoutcandidate #trendingstock
KROSS : IPO Base Breakout Soon
>> Good Base formation
>> Entry on Closing Above GAP Area
>> Good Strength & Volumes Building up
>> Trending setup
>> High Probability Trade
Swing Traders can lock 10% profit & keep trailing
Note : In the current Market Scenario even the best of Trading setup's can fail so Trade only Good setup's with proper Risk Management, set of rules for Stop-loss & proper position sizing.
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Soma Textile : Breakout soon#somatex #swingtrade #breakouttrade #momentumtrade #volumedry
SOMATEX : Swing Trade
>> Low PE Stock
>> VCP Formation seen
>> Volume Dry up
>> Trending setup
>> Risk Reward - 1:2
>> Good Strength in stock
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
SEQUENT SCIENTIFIC : Swing Trade#SEQUENT #swingtrade #breakout #momentumtrade #trendingstock
SEQUENT :
>> Momentum Stock
>> Trending Setup
>> Volumes Dried Up
>> Good Strength in Stock
>> Good Risk Reward
Swing Traders can lock profit at 10 % and keep Trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disc : Trade Ideas shared for Learning Purpose, not a Trade Recommendation
J K LAKSHMI : Breakout Candidate#JKLAKSHMI #breakout #stage1breakout #Trendingstock #momentumtrading
J K LAKSHMI : Swing Trade
>> Bottomed Out Stock
>> Low Valuation Stock : PE-8
>> Good Strength & Volume Buildup
>> Ready for Stage 1 Breakout
>> Low Risk High Reward Trade
Swing Traders can lock profit at 10% and keep trailing
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J K Paper : Short term (1-3 Months)#jkpaper #swingtrading #swingtrade #breakout #momentumstock #trendingsetup
J K Paper : short term (1-3 months)
>> Momentum Stock
>> Trending setup
>> Low PE stock : 8
>> Good strength and volume spurt
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Stock Bullish Reversal | Trendline BreakoutExide stock has a trendline breakout. RSI near 60. MACD is positive crossover and stochastic is also positive crossover and Elliott Wave done ABC correction.
I have only shared my study. There is no recommendation. If you buy or sell only after consulting your financial advisor.
POLYCAB LTD -- CONSOLIDATING WILL IT BREAKOUT ?Polycab India Ltd. is an interesting chart with following
1. RSI on all time frames (DWM) above 60
2. Narrowing Bollinger Bands on Weekly chart
3. Price breakout from 4 month long price consolidation in a range on daily chart.. Breakout with volume
4. ABCD pattern under formation on weekly chart
5. Major Price support 20 day SMA/ 20 Week SMA at 6705 to 6710 levels and 50 DMA at 6666 levels.
FUNDAMENTALS
Company is almost debt free.
Company has delivered good profit growth of 28.1% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 24.0%
lets see How it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
SONACOMS : Breakout Soon#SONACOMS #breakoutsoon #vcppattern #trendingstock #momentumstock #swingtrade
SONACOMS : Swing trade
>> Breakout soon
>> VCP Pattern
>> Good Strength & Volumes
>> Structure Trading
Swing Traders can lock profit at 10% and keep Trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
UMAEXPORTS Giving a Strong BreakoutUMAEXPORTS Giving a Strong Breakout
About:
Uma Exports Ltd. engages in the marketing and sale of agricultural produce and commodities. Its products include sugar, spices like dry red chilies; turmeric; coriander; cumin seeds; food grains like rice, wheat, corn, sorghum and tea; pulses; and agricultural feed like soy bean meal, and rice bran de-oiled cake. The company was founded on March 9, 1988 and is headquartered in Kolkata, India.
Stoploss - Below the BO Candle
Target - Exit half at 10 - 15% and Trail the Remaining
KABRA EXTRU. A 6 MNTH CONSOLIDATION BREAKOUT WILL IT SUSTAIN?Kabra Extrusiontechnik Ltd. is an interesting 6 month long consolidation breakout
1. RSI on all time frames above 60
2. Price Breakout with huge volume candles
3. Narrowing Bollinger Bands on both daily and weekly charts
Will it sustain ?
or
Will it Fizzle out ?
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
M&MFIN A BREAKOUT - WILL IT SUSTAIN OR WILL IT FIZZLE OUT ?Mahindra & Mahindra Financial Services Ltd. is an interesting consolidation breakout with following
1. RSI on all time frames (D/W/M) above 60
2. ABCD pattern under formation on Monthly chart
3. Major 20 Week SMA support near 290
4. Breakout of 16 months consolidation between 250-325 zone
Will it sustain or will it Fizzle out ?
Lets See How it evolves.
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
AMI ORGANIC A BREAKOUT WILL IT SUSTAIN OR FIZZLE OUT ?AMI Organics Ltd. is an interesting breakout
1. RSI on all time frames above 60
2. Narrowing Bollinger Bands on Weekly chart with Price walking on upper band
A BREAKOUT Will it sustain or Will it Fizzle out ?
lets see How it evolves.
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
SBICARD - WILL IT RETEST ITS BREAKOUT OR NOT ?SBI Cards And Payment Services Ltd. an interesting chart with Harmonic Pattern under progress
1. Narrowing Bollinger Bands on Weekly chart and price started moving on upper band last week
2. Break out from base formation after 8-9 month's consolidation within 680 - 750 levels.
3. Daily and Weekly RSI above 60
4. Next minor resistance between 830-870 zones
A chart to keen on radar and to watch
Will it RETEST its breakout levels or
Will it complete its pattern journey without any RETEST
Lets see How it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
TILAKNAGAR INDUSTRIES- 3 MHTS BREAKOUT WILL IT SUSTAIN ?Tilaknagar Industries Ltd. is an interesting Breakout on weekly chart to keep in radar
1. RSI in all time frames above 60
2. Price rise with huge volume
3. Three months long consolidation breakout
4. ABCD pattern under formation on weekly chart
FUNDAMENTALLY
Company has reduced debt.
Company has delivered good profit growth of 23.5% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 27.2%
will this breakout Sustain ?
or
Will it fizzle out and continue its consolidation ?
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
SHYAM METALICS - CONSOLIDATION BREAKOUT ON RADARRSI on all time frames above 60
Breakout with volume
Narrowing Bollinger Bands on weekly charts
Long consolidation breakout after a trending move
Breakout supported by strong volume
Major support near 660-710 zone
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.