AXIS bank shows a potential breakout from a previous 2 year old resistance zone. Looks like it is forming
inverse Head and should pattern on weekly timeframes with neckline same as the resistance zone with potential to break out upside
If it worked out.Momentum and Trend indicators are showing bullishness on all timeframes now.Enter only on confirmation
momentum and trend indicator now showing that all timeframes are bullish
stock had earlier broken out of resistance zone back in nov 20 but had retraced back
to take support at previous resistance and then bounced from change in polarity aug 2021.
Monthly weekly had been retracing in a trendline channel forming a flag pattern
which broke out further up last week....
metropolis healthcare breaking out of previous resistance zone.momentum and trend in bull zones on all timeframes
Stop loss would be below the breakout candle neckline and entry can be when price over above current candle high.
#deepaknitrate This stock looked good on august 11 when it had bullish reverse divergence
but the up move didn't sustain and could have stopped out for if had a swing trade with a tight one
below entry candle. However it took support on channel low and regained it momentum again with
above average volumes and made a +15% up move. Looks like we can expect a...
#Voltas breaking out from a previous resistance from last feb with wide range bullish candle with bullish momentum
A monthly bullish reverse divergence is in play..Trend and momentum indicators show bullishness in all timeframes
This Tata brand like to further move up from the post covid recovery pent up demand in the consumer durable space.
#polycabindia momentum breakout
momentum and trend indicators indicate bullishness on all timeframes.
momentum seen breaking out of a parallel channel with large volumes too.
bullish divergence currently being played out has met the target on last move
and need give some space since diluted momentum divergences exit at the same
time.swing trade and entry only if...
#hdfclifeinsurance potential breakout continuation
broke out of a resistance zone with a wide range bullish candle. Insurance sector is bullish.
stop loss could be below the breakout and entry could be above current candle high for swing trades
momentum and trend is bullish in all timeframes and breakout is likely to continue more.
#UBL #unitedbreweries potential breakout
breaking out of a major 3 year old resistance and weekly momentum rang shift and bounce in progress
could go long if a green close seen above the resistance on daily. Momentum
and trend is bullish all around. Could be into watchlist for now
#interglobeaviation potential breakout
pre pandemic resistance hit .watch out for a potential breakout.
also looks like an inverse head and shoulder pattern on weekly though not perfect looking.
bullish momentum and trend seen on all timeframes. Could plan long
if a green close appear above resistance with stop loss below it.
#Titan heading further up in a long trendline channel with a resistance breakout today with all timeframes showing bullish momentum and trend.
retraced from the breakout and took support again and bounced back
#LARSEN&TOUBRO.Rounding pattern breakout green close above neckline on weekly.On daily it is also forming a W double bottom patter
Which also has broken out.Bullish momentum on all timeframes.ADX also indicating trend is good.
Long entry with tight stop loss at pattern neckline is god trading idea.
#tataconsumerproducts. Short ,medium and long term momentum bullish with trend indicator showing rising in strength .
Last daily candle is a breakout wide range bullish breakout from past resistance zones with good volume making a new all time high level
and also making high high pattern In a trendline channel
TCS weekly momentum breakout.tcs weekly W pattern double bottom resistance taken out and broke out of a previous resistance zone that was tested 3 times this year.daily candle is open-low wide range bullish candle. Momentum and trend in all timeframes bullish.
tradable with tight stoploss below last candle. dollar beneficiary trade.
#CUMMINS good momentum breakout candidate. all timeframes are bullish. watchout for green close above the possible inverse headandshoulder pattern .here too momentum divergence are concern and therefore keep tight stoploss
kotakmahindra weekly may be having a channel breakout on upside and it is also a previous resistance area.
momentum on weekly has taken support from rsi 40 and bounced up while daily momentum and trend has now
climbed into bullish zones. This could also be looked as a potential change in polarity bounce on weekly
where it broke put earlier from resistance and then...