EPL LTD - Range BreakoutNothing much to explain here. It's a continuation pattern breakout following a simple range break out strategy.
Trading levels are provided with one simple target.
Stoploss is always good to have.
Rangebreakout
STEELCAS - Strong Base Breakout on Weekly ChartThe stock was in a long, 52-week consolidation phase before breaking out.
9-Week Small Base Formation:
Before the breakout, the stock formed a 9-week "small base" near the top of the consolidation range. This pattern shows a tightening of price action, where volatility decreases and the stock consolidates in a smaller range.
This formation often acts as a springboard, where price gathers momentum to break out above resistance. The small base also suggests reduced selling pressure and growing buying interest.
2x Average Volume on Daily Chart:
The daily chart shows an increased volume on last day, with trading volume reaching twice the average on the day of the breakout.
High volume on breakout days confirms that institutional buyers are likely entering, adding strength to the breakout move.
Rising EMAs Indicating Strength:
The rising Exponential Moving Averages (EMAs) confirm the underlying bullish trend. The shorter-term 20-week EMA, in particular, is sloping upwards, suggesting ongoing strength and upward momentum.
Trade Setup with Key Levels
Entry Point:
The ideal entry would be near the breakout level of 830-850, confirming the breakout above resistance with strong volume.
Targets:
Target 1: 910 – A reasonable target near the next resistance.
Target 2: 1,020 – Provides further gains if the bullish trend continues.
Target 3: 1,150 – For a long-term position if momentum sustains.
Stop-Loss:
Set a stop-loss around 735, below the consolidation range, to manage risk in case of a false breakout.
PARADEEP - Range Breakout
PARADEEP - Range Breakout
4-Month Range:
The stock was trading within a clear range for approximately 4 months, between ₹76 (support) and ₹95 (major resistance).
During this period, the price was consolidating, indicating indecision or accumulation by market participants. The price tested both the upper and lower boundaries of the range several times, but never made a decisive breakout until recently.
Minor Resistance:
There was a minor resistance around ₹88, which the price had difficulty breaching during the consolidation phase.
This level also acted as a support level during the later stages of the range-bound movement, holding up the price when tested.
Major Resistance and Breakout:
The stock encountered major resistance around ₹95 multiple times but was unable to break through decisively until recently.
After consolidating for a while near this level, the price finally broke out above ₹95, signaling a shift in momentum from consolidation to a potential new uptrend.
The breakout was accompanied by increased volume, which adds further validity to the breakout, as higher volume confirms stronger market participation.
Post-Breakout Action:
The price spent some time just below the major resistance (around ₹92) before the final breakout, indicating the market was gaining strength.
After the breakout, the price has shown a strong move, confirming a successful breakout and marking the start of a potential bullish run.
Targets:
Target 1: ₹100 – This is a psychological resistance level where traders might start booking some profits.
Target 2: ₹107 – A higher resistance level based on prior price action, suggesting the next potential price target if the stock continues its upward trajectory.
Stop Loss:
Stop Loss: ₹88 – Placing the stop loss just below the minor resistance/support level is a conservative way to manage risk. If the price drops below ₹88, it might signal that the breakout is failing, and the stock could return to the consolidation zone.
Volume and Momentum:
The breakout is supported by an increase in volume, as seen by the volume bars rising during the breakout, which confirms strong buying interest.
The RSI (Relative Strength Index) is currently at 64, which indicates that the stock is in a bullish zone but not yet overbought, giving further room for upward movement before it faces any potential selling pressure.
KIRLPNU - Horizontal Range BreakoutKIRLPNU - Horizontal Range Breakout
Rally and Consolidation:
The stock initially had a significant uptrend (seen in April-May), followed by a sideways correction with lower highs and higher lows.
This consolidation took the form of a descending channel (marked by red arrows at the highs and green arrows at the lows), which lasted for about four months from June to early October.
Support and Resistance:
The stock consistently tested the support zone near ₹1,230-1,250 (green arrows).
It also faced resistance near ₹1,400-1,450 (red arrows) multiple times during this period.
Breakout:
Recently, the stock has given a breakout above the channel resistance (black trendline) with a sharp spike in volume (seen near the end of the chart).
This breakout signals a potential new uptrend.
Volume Confirmation:
The breakout is supported by a noticeable increase in trading volume, indicating strong buying interest.
Targets and Stop Loss:
Target 1: ₹1,500 (immediate resistance from previous highs)
Target 2: ₹1,600-1,650 (next resistance levels based on prior rally)
Stop Loss: ₹1,290 (below recent support and moving averages)
DALBHARATDALBHARAT - The stock is consolidating and trying to break the range. There is no possibility of much decline. As soon as it breaks the range, good momentum can be seen.
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.
@tatapower range breakout done Swing trading concept NSE:TATAPOWER Swing trading concept
Range breakout strategy
Daily time frame
Duration 15-20 days
Breakout done with rising volume 📈🚨✔️
Stoploss at your risk
Do as directed
Do your analysis before taking any step
This is not trading recommendation or advise
CHAMBLFERT - Ready for Channel Breakout* Chambal Fertilizers Ltd is a part of the agrochemical sector, primarily engaged in the production and distribution of fertilizers. It is a significant player in the Indian agricultural market, providing various types of fertilizers like Urea and other crop nutrients to support the farming community.
*The chart shows a consolidation pattern forming a rectangle or a channel, with the following key observations:
1. Consolidation Zone: The price has been moving sideways within a rectangular pattern, as marked by the points (1 to 6). This range has acted as both resistance and support multiple times.
2. Breakout Indication: The stock price has recently shown a breakout on the upside with momentum candles, indicating a bullish trend continuation. The rising volume supports the breakout.
*Entry: A good entry point would be on a retest of the breakout zone near ₹520–₹540.
*Target 1: Around ₹615
*Target 2: Around ₹675
*Extended Target: ₹750(if the momentum continues strongly)
*Stop-Loss Levels: ₹480
AVALON - Horizontal Range Breakout🔊 AVALON - Horizontal Range Breakout
⌛Duration - Short Term (2 month to 4 month)
📊📈 Trade Logic - Horizontal Range Breakout
CMP - ₹587
Time Frame - Weekly
🎯Target 1 : ₹650
🎯Target 2 : ₹700
🎯Target 3 : ₹750
🛑 Stop : ₹525
🏆 Risk/Reward Ratio (1: 2.3)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
Polycab & Concor | Post Your Findings in Comments ⭕ Price Action Structure similarity !!!⭕
======================================================
Technical Reasons to trade or Strategy applied :-
Polycab & Concor both show cast same structure
2 times V shaped recovery
Range bond Market
Bear Bo ( breakout ) give Pretty good momentum
Takes out 2nd V shaped Low as stop-loss Hunting
POST Your Findings in comment section any other stocks with some pattern you observed we can discuss as a community there !!! Happy To Learn here in TRADINGVIEW with charts
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AsianPaints | Wyckoff Events & Phases Explained !!Wyckoff developed a price action market theory which is still a leading principle in today's trading practice.
The Wyckoff method states that the price cycle of a traded instrument consists of 4 stages – Accumulation, Markup, Distribution, and MarkDown.
👉TEXTBOOK EXAMPLE Accumulation Schematic: Wyckoff Events and Phases
Price Action Analysis
And this is the accumulation stage -
1) PS— Preliminary Support, where substantial buying begins to provide pronounced support after a continued down-move.
- Volume increases and price spread widens, signaling that the down-move may be approaching its end.
2) SC—Selling Climax, the point at which widening spread and selling pressure usually in high point and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom.
- Often price will close well off the low in an SC, reflecting the buying by these large interests.
3) AR—Automatic Rally, which occurs because intense selling pressure has greatly decline.
- A wave of buying easily pushes prices up.
- The high of this rally will help define the upper boundary of an accumulation.
4) ST—Secondary Test, in which price revisits the area of the SC to test the supply/demand.
- If a bottom is to be confirmed, volume and price spread should be decline as the market approaches support in the area of the SC.
- It is common to have multiple STs after an SC.
5) SOS—Sign Of Strength, a price advance on increasing spread and relatively higher volume.
6) LPS—Last Point Of Support, the low point of a reaction or pullback after an SOS.
7) BU/LPS- Backing up to an LPS means a pullback to support that was formerly resistant, on diminished spread and volume.
All the phases of accumulation stage-
Phase A:
Phase A marks the stopping of the prior downtrend.
-- Up to this point, supply has been dominant.
-- The approaching cutback of supply is evidenced in preliminary support (PS) and a selling climax (SC).
-- A successful secondary test (ST) in the area of the SC will show less selling than previously and a narrowing of spread and decreased volume, generally stopping at or above the same price level as the SC.
-- If the ST goes lower than that of the SC, one can anticipate either new lows or prolonged consolidation.
-- Horizontal lines may be drawn to help focus attention on market behavior, as seen in the two Accumulation Schematics above.
Phase B:
-- Phase B serves the function of “building a cause” for a new uptrend
-- In Phase B, institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup.
--There are usually multiple STs during Phase B'
-- Institutional buying and selling impart the characteristic up-and-down price action of the trading range.
--Early on in Phase B, the price swings tend to be wide and accompanied by high volume.
Phase C:
-- It is in Phase C that the stock price goes through a final test of the remaining supply.
-- this marks the beginning of a new uptrend, trapping the late sellers (bears).
-- It indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position.
-- The appearance of an SOS shortly after a spring or shakeout validates the analysis.
Phase D:
--During Phase D, the price will move at least to the top
--LPSs in this phase are generally excellent places to initiate or add to profitable long positions.
Phase E:
--large operators can occur at any point in Phase E.
--These are sometimes called “stepping stones” on the way to even higher price targets.
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Regards,
Revive Traders
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Globus spirits, LONG tradeRange breakout with volumes, near trendline breakout. A good upside possible so long trade can be initiated.
Range breakout but with low volumesA narrow range breakout happened but with not considerable volume
Can go long for a short target with less quantity
enter only after crossing the breakout candle high in the next day candle itself.
FINEORG - PERFECT STAGE 2 BREAKOUTFINEORG - FINE ORGANIC IND. LTD.
Trade Type - Short Term (4 month to 7 month)
Trade Logic - Stage 2 breakout
CMP - 5507.10
Time Frame - Weekly
Target 1 : 6050
Target 2 : 6632
Target 3 : 7328
Target 4 : 8250
Stop : 4900
Risk/Reward Ratio (1: 4.3)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
#IMAGICAA - PARALLEL CHANNLE BREAKOUT#IMAGICAA - IMAGICAAWORLD ENT LTD
Trade Type - Short Term ( 10 days to 1 Month)
Trade Logic - Parallel Channel Breakout with massive volume
Chart Pattern - Parallel Channel
CMP - 101.30
Time Frame - Daily
Target 1 : 109
Target 2 : 114
Target 3 : 120
Stop : 91
Risk/Reward Ratio ( 1: 1.7)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
AMBIKCO - 2 year Parallel Channel Breakout#AMBIKCO - 2 year long Parallel range cleared
~ Textile sector in momentum
~ Can expect descent return in 1 to 2 year
AMBIKCO - 2 year Parallel Channel Breakout#AMBIKCO - 2 year long Parallel range cleared
~ Textile sector in momentum
~ Can expect descent return in 1 to 2 year
IMAGCIAA World LTD (Range Breakout On WTF)IMAGCIAA World LTD has given a Range Breakout on Weekly time frame with good volume. The stock can possibly head towards 120, 150 levels in the coming few weeks. Stop loss could be placed at 76.25 (low of weekly closing).
Disclaimer: This post is for educational purpose, and not a recommendation. I am not a SEBI registered analyst. Investors must consult a financial advisor before making any investment.
MACD Crossover Swing Trade - SUZLON📊 Script: SUZLON
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
📈 Script is giving range Breakout with Volume.
⏱️ C.M.P 📑💰- 53
🟢 Target 🎯🏆- 62
⚠️ Stoploss ☠️🚫 - 49
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅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.
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India Glycol : Breakout Stock#Indiaglyco #breakoustock #momentumpick
India Glycol : Swing Trade
>> Trending Setup
>> Breakout & Retest done
>> Good Strength & Volumes
>> Decent Valuation stock
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
CANTABIL : Breakout Stock#cantabil #breakoutstock #rangebreakout #trendingstock #Momentum
CANTABIL : (Short term: 1-3 Months)
>> Range Breakout
>> Momentum Stock Pick
>> Trending setup
>> Good Strength & Volumes
>> Risk Reward Favorable
Swing Traders can Lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/Stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
India Glycol : Breakout Stock#Indiaglyco #Swingtrade #breakout #trading
India Glycol : Breakout Stock
>> Trending Setup
>> Breakout & Retest done
>> Good Strength & Volumes
>> Decent Valuation stock
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
