Rectangle
ICIL (Indo Count Industuries) : ATH Breakout with volumesStock 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.
Darvas box setup breakoutVolume buildup in daily and weekly time frame.
Resistance turns support from 1330~40 zone.
Taken support 3 times from the above mention resistance zone.
Breakout of darvas box setup, wait for retest for conformation.
Note: I do my analysis, do yours before trade.
Darvas box setup breakoutVolume buildup in daily and weekly time frame.
Resistance turns support from 1330~40 zone.
Taken support 3 times from the above mention resistance zone.
Breakout of darvas box setup, wait for retest for conformation.
Note: I do my analysis, do yours before trade.
HDFC AMC Ltd Cmp 3875 Rectangle BO & Rounding Pattern BOHDFC 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
AMD to 185, then 200. NFAAMD 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
Narrow RangeThe 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.
GEREAVESCOT : Ready to Unfold Big Move.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 Learning,
Happy Trading.
Wave -5 Breakout in Welspun Living..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 here.
Current Market Price - 161. Stop LOSS LEVEL - 145.
* NOT A TRADE RECOMMENDATION. ONLY FOR EDUCATIONAL PURPOSE.*
Weekly Range BreakoutThe 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 aligned with the weekly low of the current candle giving a low-risk entry.
RAIN INDUSTRY MULTIYEAR TRENDLINE BREAKRAIN 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 am not certified SEBI RA or TA,