ICILICIL :- Pole flag pattern is showing formation, wait for breakout and watch
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Nsestocks
BOROLTD BOROLTD :- Stock is about to breakout of neckline by forming double bottom pattern, keep an eye on the stock
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PNCINFRAPNCINFRA:- Consolidation is happening in a range, if we get a breakout, we can see a strong movement to the upside.
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HDFCLIFEHDFCLIFE:- Stock has given breakout, with very strong candles, breakout after 1.5 years
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GRAPHITEGRAPHITE:- Wait for breakout, upside movement may be seen
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IEX Buy, based on Weekly chart.IEX is finally showing signs of a consolidation and also a potential breakout after a healthy correction from ATH. With RSI at 50+ on weekly charts, this makes it a good candidate for buying on dips for as long as trend is up.
To ascertain if trend is up please keep track of certain indications -
1] Price action - Higher high and higher low formations
2] Moving averages sloping upwards
3] RSI above 50.
Please keep an appropriate stoploss based on either support zones, moving averages or ATR and make sure to implement proper position sizing.
RELAXORELAXO:- Wait for breakout, Upside movement can be seen, keep an eye on the stock
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CHEMPLASTSCHEMPLASTS:- Stock is about to give breakout after almost 1 year, wait for breakout
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DCBBANKDCBBANK:- Wait for the breakout, plan something only after that, till then keep an eye on the stock.
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ALKYLAMINEALKYLAMINE:- The stock was moving in a parallel channel, has given a breakout of the parallel channel taking support at 2451 level, watch the stock
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BAJAJELECBAJAJELEC:- Wait for the breakout, plan something only after it, almost after 1.5 years the stock will give breakout
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IGL: Bullish Falling Wedge Pattern IGL has constructed a falling wedge on the 1-day chart in which it has made continuous lower lows and lower highs.
The trend can change from bearish to bullish after the breakout of the resistance trendline. Buyers can expect a bullish move with the following targets: 483 & 504 . IGL Is Bearish below 458 .
Buyers have to break and stay above 504 to increase demand pressure.
Note: Do your own research / discuss it with your advisor
TARSONSTARSONS:- wait for the breakout of the stock
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SWANENERGYSWANENERGY:- A good pattern has been formed, wait for the breakout, if the trendline gives a breakout on the lower side, then ignore it.
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JSWENERGYJSWENERGY:- Pole and flag pattern is formed or parallel channel can also be called, wait for breakout
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ERISERIS:- Rounding bottom pattern is formed, give it a breakout and plan something only after
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ELGIEQUIPELGIEQUIP:- Triangle pattern is formed, wait for trendline breakout.
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HEMIPROPHEMIPROP:- The stock has formed a falling wedge pattern, which has given a breakout, if the stock sustains above 101.50, we may see a movement to the upside.
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As always, simple and neat charts so everyone can understand and not make it too complicated.
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CENTURYTEXCENTURYTEX:- Stock has formed head and shoulders pattern on daily time frame, wait for breakout till then keep an eye on the stock
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ANGELONEANGELONE:- Wait for breakout, if breakout occurs and sustains then we can see upside movement
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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 :)
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Ajay.
keep learning and keep earning.