VETO a long consolidation breakout will it sustain or fizzle outVeto Switchgears And Cables Ltd. an interesting breakout from 4 years long consolidation
1. RSI on all time frames above 60
2. Price Breakout with volume
3. Major support with cluster of moving averages in the zone of 135 - 165
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Pricevolume
SH KELKAR BREAKOUT WILL IT SUSTAIN OR FIZZLE ?SH Kelkar And Company Ltd. is an interesting chart breakout
1. 6 month's Consolidation breakout in the chart
2. RSI on all time frames above 60
3. Price Breakout with huge Volume candles
4. ABCD pattern on weekly chart
5. Major supports with cluster of moving averages in zone of 185 - 200 which can act as multiple support area.
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
SHAYM METALICS 7 MTHS CONSOLIDATION WILL IT SUSTAIN ?Shyam Metalics And Energy Ltd. is another interesting chart
1. 7 month's Consolidation breakout in the chart
2. RSI on all time frames above 60
3. Price Breakout with huge Volume candles
4. ABCD pattern on weekly chart
5. Major supports with cluster of moving averages in zone of 665 - 720 which can act as multiple support area.
Fundamentally
Company has reduced debt.
Company is almost debt free.
Company's working capital requirements have reduced from 34.1 days to 12.1 days
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
BSE, will it breach this AVWAP?Lets learn new thing:
AVWAP (stands for Anchored Volume Weighted Average Price): the average Price of a stock weighted by Volume from an Anchored point (swing low or swing high are good anchor points). Think like moving average but volume also include (not entirely true but to keep easy you can think like that) so it become more powerful as it involves both price and volume.
Now come to BSE, check white AVWAP how it was major resistance and gave fake breakout too. But when it breaches, it gave good Breakout (BO).
Again new blue AVWAP acting as good resistance, now have to check how it acted when it breach this line.
If it will give good breakout, add this powerful tool to your charts.
To learn more about this tool, DM me.
No sell/buy recommendations
BPCL : Focus on Green Energy Today Bharat Petroleum has reclaimed the 50-day moving average .
The stock closed 6% up on a 498.7% greater volume than the 50-day average.
Rising stocks often rebound from their 50-day lines as big investors
You may want to keep an eye on the stock for further supporting actions.
Disclaimer -
All information on this page is for
educationaland learning purpose only.
I am not SEBI registered financial advisor.
How to Use a Wave Volume Divergence Indicator
Wave Volume Divergence Indicator is being introduced In this video, I explain how to use the indication and the purpose behind it.
Please forgive me if there are any mistakes in this video as I am not an expert speaker.
I'm expecting this video will make wave volume divergence indicator easier for you to understand. Please share this video and indicator with others if it is beneficial to you. Please follow me and like this post to encourage me.
Wave Volume Divergence Indicator
To learn more about divergence, read my article on divergence, which was selected in Tradingview's Editor's Picks.
To learn more about Price and Volume divergence Read My Article on Price and Volume Analysis
Indicator help you to identify when the smart money is buying or selling. Wave Volume Divergence indicator is a powerful tool that can help you trade in sync with the smart money and make better trading decisions. The Wave Volume indicator is very useful for determining the direction of a trend & Reversal of trend based on Divergence. The Wave Volume Divergence indicator can be used to see if there is a power shift between bulls and bears.
This indicator will give signs for divergence together with the cumulative volume of the bullish and bearish waves.
Do not rely on diversions blindly because they may be false signals; instead, use this indicator with your strategy.
For high probability trades, use the divergence signal on strong support and resistance levels.
Please share this video and indicator with others if it is beneficial to you. Please follow me and like this post to encourage me.
Welspun India 4yr/6yr Rounding Bottom Breakout Shot up on earnings with massive volume. Tested BO zone and closed above last high on Daily and weekly chart.
Sector on the move.
SL: Below Breakout Candle.
TGT: After a vertical move, breakdown of 20MA on Hourly chart (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 GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Gufic Bio 3.5yr Head & Shoulder BreakoutThe last week's Doji candle with heavy volumes
near breakout is a strong indicator that this scrip
is going to blast in the next few days,
as this indicates absorption volume.
Entry: Buy when it starts cleaning out the Doji on the upside.
SL: Below Last week's Doji
Tgt: Wait till it gives a close below the Hourly 20 VWMA (on a daily closing basis)
POLYPLEX 9mth clean Breakout w/volPolyplex made a base on base.
Consolidated on low volume for 8 sessions before BO. (which confirms the BO)
The entire sector moved in the last week.
Hopefully the momentum will continue this week as well.
SL: Below the BO candle.
TGT: Don't sell until it breaks Hourly 20MA.
BUY welspun india for 92/96 and 110Welspun india has given bullish price volume breakout above 75-77 range. Keep sl of 75 on weekly closing basis and ride the momentum for good upside