PRECISION CAMSHAF NSE By KRS ChartsDate : 23rd May 2024
Time : 1:08 pm
Fundamentally Profitable Company Precision Camshaf is showing bullish trait.
--> In Weekly TF Cup & Handle Chart Pattern is visible with Bullish Continues Divg. with recent Low price point.
---> Breakout of C&H was held in July after that price action creating Flag & Pole Pattern from that time period, and currently took support from 100EMA and Neckline of C&H pattern.
Very First Upside Target is 333 Rs which is height of flag , Further Targets will be after price reach T1.
Thank You!
Have A Good Day!
Nseindia
FINOLEX INDUSTRIES by KRS Charts18th October 2024 / 11:45 AM
Why FINPIPE ❓
1. All over Uptrend Stock since listed.
2. Recent bottom with Cup & Handle Pattern Breakout and Retest with Strong Green Candles with Strong Volume 👍
3. 283 Rs nearest Good Support
4. Better Entry zone marked as we can see in the Chart.
Target - 400 + Rs
SL - 260 Rs Closing Basis
HINDUSTAN PETROLEUM By KRS ChartsDate: 21st Aug 2024
Time: 1:34 PM
Why HINDPETRO?
1. All over its a Bullish Stock with Good Fundamentals.
2. Recently made Flag Pattern and broke it as we can see in Chart ⬆️
3. Also, something is not visible in chart is Cup & Handle Pattern in Weekly and Monthly TFs.
1st Target will be 525 Rs with SL of 375 Rs from CMP.
FINO PAYMENTS BANK By KRSChartsDate: 5th Sept 2024
Time: 9:50 AM
WHY FINOPB?
1. As per Dow Theory, FINOPB making HHs and HLs recently which is Bullish Trade ⬆️
2. FINOPB is in Upside Channeling with Accumulations. ✅
3. Within upside channeling, Cup & Handle is also visible ☕
4. After Equal lows FINOPB has made new HH + Breakout of upside channeling or Cup & Handle Neckline ⚡
After lot of Bullish Traits in FINOPB,
Expected Targets ~521 Rs. and ~590 Rs. ❗❗❗
NUVOCO VISTA CORP by KRS Charts18th October 2024 / 11:20 AM
Why NUVOCO ❓
1. Although Stock was in Down trend, Recent Dow Theory is in Favour as we can see in Chart.
2. Breakout and Retest and most importantly sustaining the level with new HL.
3. Once fake Buy side Entry with Huge volume is spotted ❗
4. MACD positive crossover and RSI is near 60
All the Bullish Traits will confirming bullish movement is expected soon with breakout ‼️
Target 484 Rs with SL of 320 Rs.
Aeroflex Industries by KRS Charts4th Oct 2024 / 10:02 AM
Why AEROFLEX ❓
1. Clear Pattern of Reversal to Bullish, Inverted Head & Shoulder❗❗👍
2. Many has Jumped in Breakout due to high calls were given for AEROFLEX but once in Retest ,i think it's right time to enter with more conviction.
3. In smaller TF, 100 EMA is right underneath so multi-TF support ✅↗️
Target would be of ~224 Rs with SL closing below Support as we can see in Chart 📈
Oriental Aromatics NSE By KRS ChartsDate: 8th Aug 2024
Time: 9:44 AM
Why OAL?
1. Made Double Bottom and Reversed Successfully
2. There is Positive OB in Monthly TF and Price action react and sustain above it.
3. Along with +OB, FVG gap with 50% Encroachment picture perfect clearly visible in 1D TF.
Nearest Target 555 Rs . and Long To medium Term Target is 901 Rs
With SL of 406 Rs.
UPL by KRS Charts21st October 2024 / 10:05 AM
Why UPL ❓
1️⃣ UPL is Bullish Stock long term wise with Decent Fundamentals. 📈
2️⃣ Recent March Low seems like Higher Low in bigger picture ✅
3️⃣ UPL has Formed Inverted H&S and Breakout from it and currently Reversing to Bullish again after Retesting from Prev. Resistance. ↗️
4️⃣ 1D TF, Bullish Hammer is visible and today also moving strong Upside 🔅
UPL Target 716 Rs with SL of 520 1W Closing Basis
MUFTI | Credo Brands Marketing by KRS Charts13th Sept 2024 / 12:16 PM
Why MUFTI ❓
1. Was Correcting since listed and completed Elliot Correction wave count 5 wave Structure.
2. More Important is after 5th wave it Made Higher Lows and Higher Highs.
3. MUFTI is currently sustaining above 100 EMA which also good sign to stay Bullish.
4. Giving Little early entry before Breakout of Cup & Handle Neckline but it worth if limited positions will create here. 🙏
Approx. Target will be Around 300 Rs but once Breakout exact target will be revealed 👍
OLECTRAOLECTRA - If you look at the history of the stock, there was a downfall from 2022 to March 2023, then the stock gave a breakout and a good move came, a similar pattern has formed
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
RSYSTEMSRSYSTEMS - Stock is breakout and that too with good volume
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Avanti Feeds NSE (Mid to Long Term)Date- 15 March 2024
Time - 10 Am
Points to be Noted-
1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle.
2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far.
3. I know we are little late but one more concept call, Poisitve Order Block with FVG (Fair Value Gap) is also applied now for more bullish confirmation.
Approx Targets we can see in Chart as per previous resistances and +order block.
Close this trade if Price move down and close below 420 on a weekly candle.
Thank You!
HIKAL By KRS Charts11th Sept 2024 / 1:24 PM
Why HIKAL?
1. Bird View, After Retraced till 0.88 fibbo level making significant HHs HLs.
2. HHs HLs has formed with Accumulation / Cup at 0.88 to 0.786 level + Breakout Today with huge Volume.
3. Cup & Handle is also Visible so set my Targets accordingly,
Which are T1 - 477 Rs Short Term,
T2 - 524 Rs Medium Term,
T3 - 647 Rs Long Term.
ongc stock is at the end of accumulationg zonehello ongc stock has been last few days consolidation the stock has been accumulated
and now the stock is at the end of the accumulation stage. The price will move higher in the upcoming days
do your own analysis don't enter blindly, and follow the risk management.
JKPAPER JKPAPER - reversal stock and breakout with good volume
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Bullish Gartley Pattern in Vodafone IdeaHi TradingView Traders,
I am seeing a Bullish Bat Harmonic Pattern in Vodafone Idea.
I am hoping that it’ll drop more 20%-22% from this point. Then a reversal is possible.
And Bullish Harmonic Pattern always tend to give greater returns.
Disclaimer: This is just for educational purposes and not any advice for trading to buy/sell.
Please share a valuable feedback in comments if you if you see any more patterns or ratios.
Give it a rocket if you like this technical analysis.
KELLTON TECH SOLUTIONS By KRS ChartsDate: 11th July 2024
Time: 9:40AM
Why KELLTON TECH?
1. Currently Sustained at All-time High Price with Strong Breakout.
2. Cup & Handle Chart Pattern is visible in Weekly and Monthly TF. Also Volume is noticeably increased from year 2021 compared to its previous years.
3. RSI above 60 and Positive Crossover in MACD.
120 to 130 Rs can be better price if Correct little bit from here
If it breaks Neckline at least in Daily TF,
It can achieve 255 Rs price point from current price level.
Rico Auto INDS NSE (ALL TIME HIGH)Date - 1st March 2024
Rico has already breached All time high price level which was 114 Rs.
Expecting huge target of 220 from current price 115 of Cup & Handle pattern.
Wave Count also in Favour 5th leg on monthly timeframe is still remaining.
for the safer side majority of your entry should be on retest that shown in chart.
5ema is also supporting on monthly basis so can carry with it.
Thank You.
EPL By KRS ChartsDate:9th July 2024
Time: 12:43PM
Why EPL?
1. In a Weekly TF , EPL is showing Cup & Handle Chart Pattern , and successfully Breakout with Good Volume candle.
2. 100EMA working as support underneath.
3. Multiple trendline Breakouts already happened.
with SL of 220 Rs, Target will be 322 Rs.
SURYODAY SMALL FIN BANK BY KRS ChartsDate:23rd Aug 2024
Time: 9:26 AM
WHY SURYODAY❓❓
1. All overview, Stock was in Consolidation for long time since listed and in Jun 22 it made lowest low , after that it is in continues HH HL pattern.
2. Wave Count is visible perfectly and it is in 3rd leg of 5th wave as we can see in above chart.
3. 100 Ema is right underneath in Hourly and Daily TFs
4. Today it has broken the resistance of Flag pattern and likely to sustain above it.
5. In bigger picture, Suryoday is making Upside channeling
SAKHTISUGSAKHTISUG - market fall but stock stand positive
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
COLPAL RANGE BREAKOUT WITH MASSIVE VOL A range breakout occurs when the price of a stock moves outside a defined range of support and resistance levels. This can signal a potential trend change or continuation, depending on the direction of the breakout. Here are some key points to consider:
Identifying a Range
Support and Resistance: Identify the horizontal levels where the price has repeatedly bounced off (support) and where it has faced resistance.
Consolidation: Look for a period where the price moves sideways within these levels, indicating a range-bound market.
Types of Breakouts
Bullish Breakout: When the price breaks above the resistance level, it may indicate a potential upward trend.
Bearish Breakout: When the price breaks below the support level, it may signal a potential downward trend.
Confirming the Breakout
Volume: A breakout accompanied by high trading volume is more likely to be genuine.
Retest: Sometimes, the price may retest the breakout level before continuing in the breakout direction. This retest can provide a better entry point.
Trading Strategies
Entry Point: Enter the trade when the price breaks out of the range with significant volume.
Stop Loss: Place a stop loss just below the breakout level for a bullish breakout or just above for a bearish breakout.
Target: Set a target based on the height of the range added to the breakout point.