Rectangle
FSL : Consolidation Breakout and ContinuationGood Consolidation on Monthly TF
A good breakout backed by:
1. Volumes
2. Retracement & Continuation
Entry: 140
SL: 116 (Closing basis)
Target: ATH or Round Number 200
Details are mentioned on chart.
DISC: This is not a tip to buy or sell any stock. I am not a sebi registered Analyst so please do your research before making any decisions.
consolidation breakout trading opportunity stock in up-trend
the stock has broken out from consolidation in a weekly timeframe with volume
entry above the line
for-profit trail with daily pivot or 21-day moving average
stop below the line
the stock transition from stage 3 to stage 2 (ref stan Weinstein's secrets for profiting from bull and bear markets)
( not buy-sell recommendations thus is for my own learning purpose only )
NATIONALUM : LONG TERM STRUCTURENSE:NATIONALUM
Happy New Year in advance and farewell to 2023.
Today was the last trading day of the calendar year, and I hope you all have learned a lot and gained valuable knowledge.
We will continue to grow in 2024 and gain deeper insights into the market. Thank you for your trust and support.
Let’s make 2024 a great year together.
One More Pick For 2024 lets analyse it.
#NATIONALUM 3month Chart analysis. 📊
You can see the price is approaching the Major Resistance zone on the 3-month Chart.
With Long-term View I am expecting it to give more than 2x return Soon.
The Price has approached the Horizontal resistance zone with good volume confirmation and momentum building is great.
You can enter in a range of 120-130 (keep room for averaging at lower levels around 100.
Take a confirmation of the weekly candle close above its previous candle for adding more quantity.
Target levels are mentioned on chart. 📊
Keep learning,
Happy trading






















