Chemicals technical got better in daily chart. Weekly chart improving. Sector leader Pidilite Industries Q chart
Hourly head and shoulder looking pattern are actually consoldiation phases Pattern should form at or below the trendline
VIDHIING was in a consolidation for several months. Now it seems like an end to the consolidation with good volume. A strong bullish candle has broken the rectanle pattern. CMP 473 Support 454
PVR Inox Cmp 1416 dated 7-3-2024 1. Rectangle consolidation from last 4-5 weeks. 2. RSI reversal 3. Good Volumes Buy above 1425 target 1440-1500-1530-1550-1580 1600 SL 1340 It is just a view, please trade at your own risk.
HDFC AMC Ltd Cmp 3875 dated 16-2-2024 Weekly Chart (Investment Idea) 1. Rounding Pattern BO @ 3880 2. Rectangle Consolidation BO @ 3880 Buy above 3880 & dips till 3700 tgt 4000-4200-4400-4600-4800-5000-5200 SL 3550 Pattern Target is 6000 SL 3300
If it closes above 1470 on Friday the breakout will be confirmed. Target 1850 SL 1420 It is now trading at life time high, this may be start of longer-term trend.
Multi Year Breakout formation. Stock is trading near it's Multi-year resistance. A strong candle closing may lead to a good upside move. Fundamentals of the company is not too good. www.screener.in
AMD is looking bullish. Good volume bottoms, a nice support retest in extended hours in preparation for markup. Looks like a good entry for calls. This isn't financial advice or recommendation. just an idea to share in words I like $200 and $210 strikes for April19th expiry the most. Will watch those NFA NASDAQ:AMD
The stock has been trading in a narrow range for the past 5-6 days and volume is also below average. If stock is being accumulated by institutions, it must break out of the range with above-average volume. GTT order can be placed above a narrow range (blue line) Stop loss can be red line or 21MA.
Jswenergy breaking a range box with huge volume macd crossover done #target can be 620 EDUCATIONAL IDEA
Stock is in consolidation for long near ATH before breakout. Classic pattern of accumulation before good BO. in one sense it is also giving a Flag and pole breakout. Now as we can see the weekly candle is closed above ATH. Stock can move from here. Entry above Week high and Stoploss can be kept below low of same weekly candle. DISC: Only for educational purposes.
NSE:GREAVESCOT On weekly chart you can see price hit 165 level two times earlier and fallen heavily, so we need a closing confirmation above 165 for good upside move in positional view. If you are trading Intraday Then take 5 Min candle close confirmation. #GREAVESCOT Breakout Entry Above - 165.50 Stoploss- 138 Potential targets.- 185,205,260+ Keep...
Coming out of Accumulation. 90-94 zone good to add. 83 as SL.
1. Wave 4 as per EW Theory seems to be in progress. The price actions seems ready to breakout for Wave 5 and a potential 35% upmove. Wave 4 has retraced almost 38% and rise in Volume in last few week shows that wave 5 is just about to begin. 2. Breakout from the rectangular box above 170 can potential take the price to 225-235 range i.e. ~ 35% up from...
The stock has been trading in the range for the past 19 weeks with low volume. Before the range breakout, we can see volume again building up & the stock formed a weekly bullish engulfing candle with above-average volume. Stock Brokeout of range with the highest volume in prior 19 weeks. (Stop Loss) Point of High Confluence Weekly 10MA & 40 MA are perfectly...
ROHLTD - BUY ACTIVE Chart Insights : 1Day Chart We can see stock breaks the channel pattern with good volume and can expect upside move if its sustain above the resistance.
RAIN Industry has given Trendline Breakout couple of weeks back, It gave its range breakout of 190 odd levels last week. Support below160 DCB as all weekly EMA has confluence at those levels. This is tricky script has multiple instances of failed breakout in past so decide as per your risk appetite... DISCLOSEURE:- This post is for educational purpose only, I...
NATCOPHARM - Natco Pharma Limited - BUY ACTIVE Chart Insights : Weekly Chart Stock closed @1026 on 16-Feb-24 We can see stock breaks the resistance and it may retest the broken level in coming days and then bounce from that level. Stock trading in channel, Best BUY only on RETEST level and this is for positional players. Drawn support zone for entry.