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Momentumindicator

PVRINOX Going to Breakout, All details sharedI have been observing an increasing momentum in PVR INOX and Along with this increasing momentum PVR INOX has also closed above a crucial resistance on Thursday, breaking out of a range between 1350 and 1400. This stock has been in this range for a period of 1 month, therefore its breakout indicates a good rally. Defintely buy PVRINOX for short term move. Entry Price 1400 Stoploss 1380 Target 1480 Happy Trading Yamini Prabu NSE, NISM Certified TA Independent Trader and Trainer
NSE:PVRINOXLong
by Yamini_swingtrader
Jamna Auto Industries: Breakout of the Year 🚀Greetings traders! 👋 Today, I'm excited to share my analysis on Jamna Auto Industries #JAMNAAUTO has broken its previous high with significant volume, indicating a potential breakout. This breakout with volume setup suggests strong momentum and presents a compelling swing and positional trading opportunity. Our analysis includes thorough volume analysis, multiple timeframe analysis, and momentum indicator support, pointing towards a bullish trend continuation. Don't miss out on this breakout opportunity in Jamna Auto Industries! - Remember to conduct your own analysis and implement proper risk management strategies. Thanks!
Editors' picks
NSE:JAMNAAUTOLong
by Uday_Mandal
5
INDUSTOWER Momentum Setup 💹Greetings traders! 👋 Today, I'm excited to share my analysis on INDUSTOWER, highlighting a promising positional setup with a breakout supported by volume. Here's what you need to know: 📈 Setup: Positional Breakout With Volume 🔍 Analysis: I've conducted comprehensive analysis across multiple timeframes, confirming the breakout setup. 📊 Indicator Support: Momentum indicators are indicating strong support for the bullish momentum. Stay tuned for potential upside momentum on INDUSTOWER! Remember to conduct your own analysis and implement proper risk management strategies. #INDUSTOWER #PositionalSetup #BreakoutAnalysis #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
NSE:INDUSTOWERLong
by Uday_Mandal
NYKAA looks good!Why NYKAA Looks Good? In the recent price action, we have observed a notable bullish trend as the price has surpassed the level it was trading at 10 bars ago. This upward momentum indicates a positive market sentiment and suggests the potential for further price increases. Furthermore, we have also noticed a significant development in the price crossing above the 21-day moving average. This event suggests a shift in the market dynamics, as the price has moved beyond a key indicator of the average price over the past 21 day. This breakout above the moving average indicates a potential reversal from a previous downtrend to a new uptrend. Additionally, prior to this breakout, the price appeared to have undergone a period of accumulation near the bottom of the major downtrend. This accumulation phase typically signifies a consolidation or gathering of buying interest, potentially indicating a market bottom. The subsequent breakthrough of resistance further strengthens the case for a reversal in the overall market direction. In summary, the recent price action and the breakout above the 21-day moving average point towards a shift from a bearish trend to a bullish trend. The market seems to have concluded a phase of accumulation and is now signaling a new uptrend. Note for everyone who came across this reference: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:NYKAA
by hardeepssethi