Multiyearbreakout
Cup with Handle Breakout - Multi YearGreaves is one of the leading diversified engineering companies with presence in Automotive, Non-Automotive, Aftermarket, Retail , Electric mobility solutions & Finance. It is involved in the business activities of Manufacture of engines and turbines, except aircraft, vehicle and cycle engines.
The Company revenue is continuously growing form last few quarters. Return on Equity of 16% is good.
Stocks volume has grown significantly which is highest in its lifetime. The Stock it seems is ready for a new lifetime high with technical charts & indicators also showing positive sign. The stock is ready to break out with a cup and handle pattern which is widely accepted pattern and has high accuracy.
Accumulate at these levels with SL at 125. Target 180-200
Srikalahasthi Pipes 2.5yr Breakout - Looks good for atleast 20%Looking strong for a possible breakout in the next 2-3 days.
Can give 20% in a week if the market trends.
TINPLATE TINPLATE (Weekly):- BUY ON DIP (197 TO 170) for Target 260 with Stop Loss 145 DCB
1) Multiyear HR Breakout + Retesting Done,
2) Huge Volume Build (Since june 2020 to 28/4/21)
Panacea Biotec 3yr BreakoutWhat a beautiful breakout.
Look at the towering volume candles in the last 4 weeks.
Already tested the breakout area on Daily candle.
2000cr Market cap, Vaccine story.
Great order book. Good for 20% return in a couple of weeks.
Could potentially double in the next couple of months.
Ineos Styrolution 3yr BreakoutThe chart doesn't need much explanation.
Good set up, good start of the weekly candle
with a nice Gap up, volumes coming in,
not much draw down by the end of the day.
It can breakout anytime, even tomorrow.
Natco Pharma 4 yr BONatco is looking poised for an Inverted H&S Breakout.
We are seeing red candles near BO, but very little down moves (which is a fairly positive signal).
Will move strongly once Pharma sector starts moving up.
Take a test entry and watch out for a strong closing
in the 950-1000 zone, then add to your position.
SL: 865 (on closing basis)
SASTASUNDAR VENTURE Multiyear BreakoutNSE:SASTASUNDR Levels are Mentioned in the chart... Look for Swing...
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...
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