PDMJEPAPER (M):- 46.4 CMP, BUY ON DEEP TILL 40 to 30rs FOR TARGET 60 :) 1) Multiyear Breakout :) 2) Huge Volume
JKIL has broken out of a key long term S/R level at 172. Been consolidating and taking support at 172 for 6 months. The consolidation range being 172 to 206. Over 2 yrs, it has been accumulated and offloaded equally on big volume bars. This time around, the time seems to be ripe for a breakout, as many real estate stocks are setting up nicely. First target would...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥 🔥 Common sense used: Do watch the video to get to understand all of the information 📌 Structure is bullish 📌 A good pattern is created above the triangle pattern 📌 On 30mins it is showing an amazing pattern = wait for BO and enter sharply with risk defined on...
The stock broke out of a 3yr rounding bottom on very high volume. Subsequently it came back to test the breakout zone, made a double bottom and consolidated for 8 weeks. Now it seems to have broken out of the consolidation, and looks ready to fly. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle /...
JKPAPER (Weekly):- 211.9 CMP Looks good for more upside :) 1) Breakout and Resting Done :) 2)Volume Breakout
The stock made a bottom on low volume and then started its run up on increasing volumes. Gave a clean volume breakout and returned to test the breakout level. And look at the magnitude of the volume bar on a bounce back from BO level. Looks very strong. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO...
NSE:TRITURBINE Levels are Mentioned in the chart... Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational...
TRF (M):- 162.9 CMP LOOKS GOOD FOR MORE UPSIDE:) 1) Multiyear Cluster Breakout Zone :) 2) Volume Spurt
NELCO (W):- 379.6 CMP LOOKS GOOD FOR MORE UPSIDE:) 1) Multiyear Breakout :) 2) Volume Spurt
After forming a bottom for 4 years, the stock rose on volume, and it is seeing a significant volume activity near the rounding bottom breakout level. Already consolidated for a couple of weeks. Made a bullish engulfing candle this week. Can breakout anytime soon. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly...
The stock is seeing a huge volume cluster near its long term breakout neckline/trendline. A strong indication that absorption is going on, and the stock may show a huge upside anytime soon. 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...
The stock has given a breakout on very high volume. It consolidated for a while on the long term Down Trendline (on low volume), then gave a decisive BO on big volume bar. On daily chart, it has fallen back to its 20VWMA (609) on very low volume. In all probability, it should not go lower than 609. This offers an extremely low risk of just 1% while the reward is...
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 20DMA (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...
The stock is attracting massive volumes near the breakout point. Though it has seen selling at least 2-3 times from this zone, but this time the cluster of volumes seem to be telling a different story. A lot more promise, a lot more resolve to break out. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle...
NSE:MAWANASUG Levels already mentioned.. Look for swing.. Appreciate our work by like, share and following.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views...
The stock went into consolidation from March. Has shown wonderful volume activity in the last couple of weeks. Can easily show levels of 250-270. 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 Daily chart (on a daily close...
The stock broke out of 4yr S/R zone which also happens to be the neckline of the 3yr H&S patterns. If we look at the daily chart, it tested the breakout zone once, and is coming back for another retest. This time the selling volume is slightly higher, but the good thing is, it's decreasing as it approaches the breakout zone, plus there's 20VWMA 1-2% below the...
This seems to be a textbook example of a Cup & Handle breakout. Look at the volumes drying up during the cup formation. And again the volumes were very low during the handle formation. Massive volumes being seen near the breakout area. Not much selling is coming in. This can explode from here to 85 then 95 (the next resistance points). SL: Depending on your risk...