TDPOWERSYS: Anticipated 20% upsideThe chart of TDPOWERSYS provides delineates critical price thresholds that signify breakout points, along with specific support levels that serve as indicators of where buying interest may manifest.
Additionally, the chart highlights regions likely to act as ceiling points for future price ascensions, allowing for informed decisions on entry and exit strategies.
Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
Potentialbreakout
#NH - Breakout Soon Candidate / Keep in Watchlist / Feb'25📊 Script: NH
Key highlights: 💡⚡
📈 VCP Formation in Daily chart.
📈 Price gave a good up move.
📈 Went into a Side Ways consolidation for over a Nine months.
📈 Volume spike seen in past
📈 MACD Cross Over.
📈 One can go for Swing Trade.
🟢 If you have any questions regarding the setup, please feel free to leave your inquiries in the comments, and I will respond promptly.
BUY ONLY ABOVE 1415 DCB
⏱️ C.M.P 📑💰- 1357
🟢 Target 🎯🏆 – NA%
⚠️ Stoploss ☠️🚫 – NA%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅#Boost, #Like & #Follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
Hindustan Zinc Time to Buy???Hindustan Zinc (HINDZINC) Analysis 🚀
After a Stage 2 breakout from ₹410 levels, the stock skyrocketed to ₹810, delivering a remarkable 100% return within a month. However, it has now retraced to its previous breakout zone of ₹410-₹415, signaling a potential Stage 4 decline.
Currently, the stock is trading near the previous breakout zone, and two scenarios are in play:
Scenario 1: Potential Double Bottom/W Pattern Formation
If the stock forms a Double Bottom/W pattern and breaks out of the trendline, it could turn into a promising swing trade candidate.
Entry: ₹482 (Safe traders can wait for a close above this level).
Targets:
T1: ₹575 (+19.5%, RR 1:1.23)
T2: ₹716 (+48%, RR 1:3)
T3: ₹810 (ATH, +68%, RR 1:4)
Stop Loss: ₹410 (-16%)
💡 Why watch this scenario?
The Risk-Reward ratio is favorable, and the breakout could indicate strength. If you feel compelled to trade, adding small quantities around the previous breakout levels of ₹410 could be a safer bet. Add only Test Quantities.
Scenario 2: Breakdown Below ₹411
If the stock breaks below ₹411, it could re-enter the previous breakout base, with potential downside targets of ₹350-₹325. In this case, shorting opportunities might arise, but only if market sentiment aligns.
Technical Overview 🔍
The stock is trading well below all key DMAs, indicating weakness.
The Lower High-Lower Low (LH-LL) structure is intact with no signs of reversal yet.
Overall market trend: LH-LL and trading below the 200 DMA. Any bounce could just be a natural pullback.
Fundamentals 🧐
Hindustan Zinc recently posted decent quarterly results, but the broader market trend and technicals should guide your decisions here.
Risks & Sugestions ⚠️
Risk Management: With a 16% risk on SL, position sizing is crucial. Avoid committing big capital without proper confirmation.
Market Context: Be wary of overall market trends, as the broader market is still weak.
Emotional Trading: Don’t get tempted by sudden spikes in the market. Always wait for confirmation.
👉 Pro Tip: Missing an opportunity is better than burning your capital. Start small to gauge strength before scaling your position.
Educational Takeaway ✍️
This stock offers a good learning opportunity for breakout and retracement patterns. Add it to your watchlist but focus on risk management and position sizing.
Disclaimer: This analysis is for educational purposes only. Consult your financial advisor before making any investment decisions.
#BHARTIARTL - Potential Trend Line Break Out📊 Script: BHARTIARTL
Key highlights: 💡⚡
📈 VCP formation in Daily chart.
📈 Price gave a good up move, then went Side Ways
📈 wait for more consolidation near Resistance / Trend Line
📈 Enter on BO when spike in Volume is seen
📈 MACD Bounce
📈 One can go for Swing Trade.
BUY ONLY ABOVE NA DCB
⏱️ C.M.P 📑💰- 1644
🟢 Target 🎯🏆 – NA%
⚠️ Stoploss ☠️🚫 – NA%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
Potential Break Out stock for 4th Week of Jan'25📊 Script: MONARCH
Key highlights: 💡⚡
📈 Box formation in Daily chart.
📈 Price gave a good up move
📈 Went into a Side Ways, wait for consolidation near Resistance
📈 Volume spike must be seen on BO
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE NA DCB
⏱️ C.M.P 📑💰- 478.95
🟢 Target 🎯🏆 – NA%
⚠️ Stoploss ☠️🚫 – NA%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
BAJAJHIND - Possible 12-Year Breakout?Bajajhind (Bajaj Hindusthan Sugar Ltd) closed yesterday at 36.25, bringing it close to the critical level of 39. A monthly close above 39 could potentially push the stock to 50 or even 58 levels. This stock attempted to break past 39 in February 2024 but failed to close above it. Since then, it has been trading within the range of 26.80 - 40.50.
Keep an eye on volumes and the monthly close for confirmation of this breakout. While technical indicators look promising, always conduct your own research and consider fundamental factors before making any investment decisions.
SHANKARA BUILDCON looks ready for a breakoutShankara Buildcon is nicely absorbing the supply, and looks like slowly the bulls are going to control this scrip. Looks good for 15-20% move from here on.
Stoploss 740
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
'GOLDIAM' ready to boom like 'GOLD' !!!We all have witnessed the bombastic rally of Gold & Silver, now it seems that companies
that are engaged in business related to gold & silver are going to buzz.
Let's have a detailed overview of the stock in prominent timeframes.
Daily Timeframe: -
Goldiam has shown a breakout from a right-angled broadening wedge pattern which
was under construction for the last 4 months.
Thunder Volumes supports the breakout. Also, there is an RSI breakout which indicates the strength
of the stock.
All moving averages were been converged, and now slowly 20DEMA is diverging and crossing above all
important moving averages this indicates that the stock has finished the choppiness and is ready for a fresh move.
Weekly Timeframe: -
Goldiam is breaking from a time-long consolidation phase after base building formation.
Record Volumes this week indicate strong interest in market participants.
RSI is also given a breakout from a channel and now sustaining above 60 which confirms the strength.
My Observation: The only thing to ponder is the Daily RSI is at 79, and Goldiam has shown a continuous move of almost 20% in the last 4 days, so I must suggest
to deploy 50% position now and wait to cool off i.e. accumulate around 155-150 which is the breakout level.
ITC - The Rise....ITC the 'rising giant' is showing its heroic move with very
much similarity as the 'Puspha' character, who was misunderstood in the
movie as inefficient man and same here 'ITC' was assumed as slow mover but
now it has changed everyone mindset with a strong move.
ITC has formed rising three method pattern in daily charts after a breakout
which is a positive signal.
ITC has given a weekly breakout above 263 which was a strong resistance.
Both RSI and MACD supporting the up move .
Weekly RSI :-
Daily RSI :-
Though ITC is trading in a channel but it seems that this time it could
break the channel.
#Enjoy_trading
'PICKS FOR WEEKS' !!!!Hello traders,
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'Picks for weeks' is a new series where you would get some awesome breakout picks every Sunday,
which could give handsome return in coming weeks.
All picks given are on basis of potential breakouts.
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1. NSE:MAITHANALL :- It has given a range breakout of 7 months after formation
of a huge cup pattern, already it was in strong uptrend which was at halt and now it can resume its uptrend again.
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2. NSE:AVADHSUGAR :- It has given a breakout from 'N' pattern after retesting its
previous breakout level, also overall sugar sector is in strong bull run which could provide it extra benefit.
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3. NSE:GAEL :- It has given a breakout of rising trendline, where it was facing resistance
for many times also it has given retracement earlier which confirms its strength.
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#Enjoy_trading.
#TCS Potential breakout towards Weekly channel top#TCS Potential breakout towards channel top
This IT sector stock has been moving in a weekly trendline channel and had done an wedge pattern breakout back in august
Post which it had a pullback to channel bottom and now it seems to be heading back to channel to again by way of potential
Breakout from a previous resistance zone.Positional entry above a confirmation candle above the resistance 3990 levels
Could give good swing trading opportunities atlas till channel top .The FIB extension indicate possible targets upto 4350 if
Breakout sustains. The stop loss should alert candle of breakout above resistance low.
GENUSPOWER - 13 YEAR BREAKOUTGenusPower has been in a continuous uptrend and currently it has broken its All time high.
It has been in continues uptrend with decreasing Debt to Equity ratio...
Once can take long position and hold it for at least 3 months to get 20% to 40% returns.
Feel free to correct me..
This is For Educational Purpose...
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HATSUN AGRO PRODUCT.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
#SBI trending up &could breakout from resistnce#statebankofindia #SBI Any Breakout from previous resistance of 464 for SBI and a green close about it could indicate good moves upside and may be the time for going for a long entry on this stock. trending on a parallel channel with Momentum and trend indicators indicating bullishness
on short ,medium and long term Channel breach or entry candle low at resistance breakout zone r Fib 23 could be swing trade stop loss.
if bank nifty index breakout from the all time high then SBI would also do same and trail stop loss if that happens.
#grasim momentum turned bullish potential breakout candidate#grasim moving up the trendline channel and any green close above 1615 which is previous resistance
Could give opportunities to go long on this.momentum on short term has got into bullish zones
along with all other timeframes with good volumes .Adx trend indicators are also rising on daily
tight stop loss after entry needed as channel swings are large.