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Momentumbreakout

#deepaknitrate : momentum and trend breakout#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 channel trending move henceforth and therefore an entry on next retracement levels could be a good bet as it moves further up. The momentum and trend indicator are showing bullishness on short medium and long term timeframes.
NSE:DEEPAKNTRLong
by seekedgetrade
#polycabindia momentum breakout in progress#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 any retracement comes and 2030 is a resistance zone from where it breakout should be stoploss
NSE:POLYCABLong
by seekedgetrade
#kotakmahindra channel momentum breakoutkotakmahindra 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 came back retest same support more than once and now could be moving up.
NSE:KOTAKBANKLong
by seekedgetrade