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Multiyearbreakout

Caplin Point - 4yr Cup & HandleThe stock has been making a rounding bottom for about a year now (also the handle of the long term C&H). The setup is a textbook example of a low volume handle, plus the stock is now approaching the breakout point on high volume bars. Caplin point has been a great compounder in the last decade. So it will be on the radar of almost all institutions. I sense some growth triggers have probably sprung into action. Let's see how it fares from here. I reserve the right to be wrong. Disclaimer: I'm not a SEBI registered analyst. Consult your financial advisor before investing.
NSE:CAPLIPOINTLong
by raavigeorgian
7
Gokaldas Exports - 5yr Breakout retestThe stock shot up on huge volumes, making a volume cluster on the last 6 weeks. A strong signal that something positive is in the offing. Turnaround, orderbook, numbers, it could be anything (or a mix of these things). The breakout happened on very good volumes. The stock has been cooling off for a week on decreasing volumes. Tested the breakout support on lowest volume in the past few weeks. The 20VWMA is right below the breakout zone. The stock might test the 20VWMA as well and shoot up from there. I reserve the right to be wrong. Disclaimer: I'm not a SEBI registered analyst. Please consult your financial advisor before investing.
NSE:GOKEXLong
by raavigeorgian
2
GUJARAT PIPAVAV PORTS LONGHere is the weekly charts of Gujarat Pipavav Ports. (OPEN CHART FOR DETAILED VIEW) Firstly, a historical crucial zone (117-112) is again in action. The price today crossed this zone but wasn't able to sustain above this 7 year old zone, and came back to the purple area. Here the volumes are very high, THIS MEANS THAT THE STOCK CAN GIVE A GOOD BREAKOUT. Secondly, an inverted head and shoulders kind of pattern can be seen on the weekly charts. This is followed by a breakout of the pattern line. These two major points shows bullishness in stock, but what mat create worry among traders at this point is the non-sustainment of the price above the crucial zone. Hence, this gives us two cases: Risk averse traders are advised to take entry above 122 (sustainment) Risk takers may take entry here LEVELS Entry: Above 122 for risk averse; CMP for Risk takers Target 1: 132 Target 2: 156 Target 3: 172 STOP LOSS: 108 TRAIL STOP LOSS RSI: Shows momentum Volumes: What else do we need MACD: Bullish Risk-Reward Ratio FAVORABLE I would recommend going long on Gujarat Pipavav Ports (with prescribed levels) for a swing trade FOLLOW IF YOU LIKE THE ANALYSIS... LIKE AND COMMENT WHAT YOU THINK ABOUT IT... THANKS!
NSE:GPPLLong
by Keshav2329
3
NETWORK 18 MEDIA LONGHere is the weekly chart of network 18 media. The marked purple zone is historically a very crucial zone (47.85-50). It broke out with great volumes and hit circuit. Also this breakout is the breach of a 7 year old crucial zone plus a resistance trendline coming all the way from Dec'14!! (OPEN THE CHART FOR DETAILED VIEW) LEVELS: Entry: As soon as possible (Can't give an exact price as there will be a gap up opening tomorrow, place a limit order and pray it gets executed at the best possible price tomorrow) Target 1: 59.50 Target 2: 64.50 Target 3: 71.50-72 STOPL LOSS: 46 TRAIL STOP LOSS RSI: Shows momentum Volumes: Can't be better MACD: Bullish I would recommend going long on Network 18 Media for a swing trade FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT IT!! THANKS!
NSE:NETWORK18Long
by Keshav2329
GLOBUS SPIRITS ON THE VERGE OF BREAKOUT (SEE DESCRIPTION)Globus Spirits' charts says a lot these days!! Lets us analyze step by step! This analysis will be purely based on Price Action... "WEEKLY CHART" Firstly, look at the weekly chart above. There is a clear 5 year old trend line, and current price is on the verge of giving a breakout from this multi-year resistance line. The volumes here too are favorable. RSI too shows momentum!! Now, since this is on the VERGE of breakout it is important that we see other timeframes charts too. Let us see what they have to say. "DAILY CHARTS" (Wasn't able to upload the daily charts because of TradingView feature. You should open daily chart of Globus Spirits on the side for better understanding) If you watch closely to the daily charts of Globus Spirits, it is visible that the stock is trading continuously between the range of 300-350 from last October. It came above this range but wasn't able to sustain for a long time. Now look at the last candle (4 June, 2021). Firstly the volumes are brilliant! Secondly, the price went up the trading range of 300-350 but wasn't able to sustain above that point! But does this mean that we should avoid this stock? "MINUTES' CHART" (Please open 5 min and 1 minute chart aside for better understanding) Looking at the minutes' chart, if you look at the candles which are towards the day end; the volumes of these candles are significantly high compared to the rest of the day. This shows interest of investors in this stock. Hence, it can be predicted that the price of Globus Spirits may go up on Monday (7 June, 2021) and hence giving us a breakout in both weekly and daily charts (given that volumes are high on Monday)!!! "CONCLUSION" I would recommend going long on Globus Spirits IF it gives a breakout on Monday with good volumes!! FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!! THANKS
NSE:GLOBUSSPR
by Keshav2329
5
Kalyani Investment - 2yr Breakout / 1yr channel breakoutSuggested by @monkmaxims Fundamentals: Investment arm of the multi billion kalyani group. It has 3 stocks in its portfolio - Hikal, Bharat Forge and BF Utilities (All kalyani group companies). Net worth is 10000cr and the market cap of this is just 800 cr. It is a biz only investment and it's like a holding company, yet the discount seems huge. The stock had been in low vol accumulation for a year. Few weeks back the volumes have started increasing, and has now broken out on significant volume with a Gap up. The gap up has been immediately filled, so lesser chances of coming back again. Looking at the previous high volume bars, bigger volumes are expected further. SL: Below weekly breakout candle. Target: Breakdown of 20MA after 15% rise. I reserve the right to be wrong. Disc: I'm not a SEBI registered analyst. Please consult your financial advisor before investing.
NSE:KICLLong
by raavigeorgian
4
MOIL LONG On the daily charts of MOIL Ltd. a simple Inverted Head Shoulders pattern can be seen!! This is followed by a perfect breakout and then a perfect retrace too!!! Plus, this breakout is also the breakout of 5 year old resistance line!! (OPEN THE CHART FOR DETAILED VIEW) LEVELS: Entry: CMP (183) Target 1: 213 Target 2: 238 Target 3: 250-252 STOP LOSS: 173 TRAIL STOP LOSS RSI showing Momentum MACD bullish I would recommend going long on MOIL Ltd. for a swing trade FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT YOUR VIEWS ON THIS!!
NSE:MOILLong
by Keshav2329
Castrol India - 5yr Down Trendline Breakout / 1.5yr Channel BOSuggested by @monkmaxims The stock had been in a down trend since forever (7yrs on monthly chart). Since 2020 crash, the stock was in low volume accumulation in a parallel channel. Suddenly, the accumulation volumes began to shoot up in November while the price continued to trade in the channel. Finally, this week it has broken out and how! Highest weekly volume seen since last year, in the breakout week. The weekly closing candle looks like a decisive candle. Good fundamentals, likely to do well in the coming weeks/months. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA Short term TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in Profit: Sell earlier in the session when the prices are higher, around 11AM. Selling at SL: Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM. Note: I reserve the right to be wrong. DISCLAIMER: I am not a SEBI registered analyst. Please consult your financial advisor before investing.
NSE:CASTROLINDLong
by raavigeorgian
18
Pudumjee Paper - 3yr Rounding BottomThe stock shot up one day post earnings. We can see massive volume accumulation in the past 6-8months. The whole sector is on an upmove. The company has very low debt and can multiply from here. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in Profit: Sell earlier in the session when the prices are higher, around 11AM. Selling at SL: Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM. Note: I reserve the right to be wrong. DISCLAIMER: I am not a SEBI registered analyst. Please consult your financial advisor before investing.
NSE:PDMJEPAPERLong
by raavigeorgian
4