#KNRCON : Superb Chart Structure >> Range Breakout >> VCP Breakout (Flacg & Pole) >> Breakout (with Volumes) & Retest done >> Decent Volumes & Good Strength in Stock Good Chart Structure for Learning Purpose. Like follow & Share for more such Analysis. Keep Learning & Keep Growing
Axis bank was in a range and has given its breakout with a very bullish candle and gave no chance to trade at that time but now the price seems to have RETESTED breakout level and started moving taking support from that breakout area. Entry can be made at the current market Price of 867 Stop Loss would be at the last Swing i.e. 823 Reward - it shows a target of...
Another very simple technical analysis which works wonders in the markets. We have heard of BREAKOUTS. It could be upside or downside. It could be a breakout of any zone, consolidation, range, trendline, any indicator or anything. The Important thing is that a breakout BREAKS OFF an Important Level in the market. There can be many indications when there can be a...
Open Range Breakout in BankNifty in 9:45 min candle in 1m or 5 min timeframe.
The stock ONGC has been trading with a higher high and higher low price formation. Today, the stock broke out from a this horizontal line on above average volume. Upward Momentem possible Comment All your Views
One year range breakout and retest , add to your watchlist and watch
#KIRLOSBROS showing a text book example of NR7 Breakout with Huge Volumes >> Good Strength in Stock >> Good Volume Participation >> Try to enter at retracement (if any) near safe entry Levels, or else immediately Happy Trading !!!
Price has been sustaining above the range high which was acting as a string resistance in the IndusInd bank daily timeframe chart for a couple of weeks. On an hourly timeframe, the trend line drawn has been acting as a good support. One can look to go long given the sector tailwinds with the trend line as SL on a closing basis. Best of luck!
NSE:BANKNIFTY is Trading in a narrow price range from date 24 nov to 4 nov. 41,500 is crucial level for banknifty. Its a strong resistance or supply zone. Banknifty is trying to break this resistance. On Nov 1 it succeed to break resistance but not able to sustain. Also this level is tested for multiple times. On the other hand, 40850 is strong support. 2...
Tata motors has given a beautiful range Breakout and also retest done. can show good imminent upside movement capture Quick 5/10/15% movement.
Bitcoin is breaking the range in daily timeframe.A confirmation candle is forming next.If the candle closed in green as a bullish confirmation,a long trade can be initiated for the next day. The upper support level of the range in image(21854.16) will consider as the target.
Cummins broke from its range and is likely to do well. Trail Stop Loss accordingly in this one. Cummins India is a dominant player in generators and power generation. It is also working closely with the Indian Railways for the electrification of engines and is also building data centers for other companies.
Aegis logistics has shown a range breakout on Daily time frame and weekly NR7 breakout (Narrow range for breakout after 7 weeks of consolidation). This could be a good swing Bullish trade
If silver gives breakout above the range we will buy , if it gives breakout below the range we will sell.
Engineers India Limited is an Indian is a central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India. 94 on the upside 49 on the downside
TATA Steel Can Shoot Up After Retest. Investors need more confirmation before entry. Always check for retest.
Before taking any trade I always analyze the trend, price, volume, and how the relative strength is performing compared to other stocks in that sector. Here are a few observations that we can make from the AMARAJABAT chart: Flag Pattern upside breakout(bullish) The stock broke a long trend line and consolidated for a month. It has given a range breakout...
HSCL Daily View : Medium - Long term Bullish Range Bound : 657 Days Range-Bound Range : 39.25/42.05 - 60.55/63.90 View Bullish at 60.55 Findings: Broken Range above 63.90 (New high 65.40) and tested support of 60.55/58.70. Buy at 60 with stop loss 56.00 CMP 59.30 Target = 65 - 72 - 74 - 79 -85 +++++ for long term