Clean Science Cmp 1524 dated 18-11-2022 BOTTOM CATCHClean Science Cmp 1524 dated 18-11-2022
BOTTOM CATCH Trading & Investment
1. Reversal from near the Support Line
2. 25 % correction done from recent high, price
reversal sign.
3. Volume Rise
4. RSI BO & GOOD RRR
Buy @ CMP for target 1560-1625-1695-1740-1790 SL 1475
Fundamental Points :
1. Debt Free Company.
2. Promoters, FII's & DII's altogether has 77.50 %
holdings. (Strong Hands).
3.Company has a good return on equity (ROE) track
record: 3 Years ROE 40.4%
4.Company has delivered good profit growth of
37.3% CAGR over last 5 years
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Rectangle
RADICO: Very Bullish candlestick breakoutNSE:RADICO is breakout ready because of:
Continuous bullish candle formation with increasing volume and thus breaks out the rectangular consolidation zone.
A triangle patten formation is clear
Volume is very high (actually heighest)
RSI is just crossing 70 mark (OB region)
Trade : Buy above 1152, SL: 1120, T: 1185
Sell below 1100, SL: 1120, T: 1075
JindalSteel: Bullish Breakout ReadyNSE:JINDALSTEL is in Bullish breakout ready.
Overall Steel Shares are showing momemtum.
Reasons:
Rectangle breakout and sustaining the breakout.
Consecutive two days of high volume.
RSI based momentum is above 75 and constantly rising.
Trade: Buy above 568, SL: 560, T: 572/580
Sell below 540, SL: 550, T: 534/525.
Equitus Small Finance Bank: Breakout with volumeNSE:EQUITASBNK shows bullishness because of:
A clear rectangular consolidation brakout
High volume
The daily candle is bullish engulfing with the low touching the bottom of the channel (but still able to pass the mid point, near to top channel)
Trade: Buy above 58, SL: 56, T: 65/68
Sell below: 54, SL: 57, T: 51/48
Alkali- Rounding Bottom PatternNSE:ALKALI 135
1. Chart Formed long Rounding Bottom pattern with 11 years data
2. Price trading inside the Pole and Flag pattern with is above breakout in RB
3. Breakout above the 145. level in the chart
4. Upcoming levels to watch post breakout near 200-260
5. Support near 100-110 level.
#TechnicalAnalysiswithMrChartist
NACL: Rounding Bottom Breakout with volumeNSE:NACLIND is showing bullishness because of:
A 6 months long rounding bottom breakout with very high volume sprout
A recent rectangular breakout.
High volume buildup in last 3 sessions, the build up is increasing.
Trade: Buy above 100, SL: 96, T: 105/107.50
IT WILL ALWAYS GIVE RELIANCE Reliance is looking good on weekly chart by breaking falling trendline resistance after long time and gives a positive crossover divergence on MACD indicator too so we can see coming bullishness in this fundamentally strong counter.
Cause of long-:
1- Falling resistance trendline breakout.
2-MACD breakout.
17 Years Multiyear Rectangle Consolidation Breakout at RCF 17 Years #Multiyear Rectangle Consolidation #Breakout at #RCF (Rashtriya Chemicals & Fertilizers Ltd) Weekly Chart. Its #Outperformed #Nifty
What Is a Rectangle?
A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box.
KEY TAKEAWAYS -
1. A rectangle occurs when the price is moving between horizontal support and resistance levels.
2. The pattern indicates there is no trend, as the price moves up and down between support and resistance.
3. The rectangle ends when there is a breakout, and the price moves out of the rectangle.
Some traders like to trade the rectangles, buying near the bottom and selling or shorting near the top, while others prefer to wait for breakouts.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
SHERVANIBOX PATTERN / RECTANGLE PATTTERN
32 months of consolidation happening (from March 2020) in the range of 186_419 after a Break Out Retest. Seems like stock is waiting for some big trigger.Can blast one sided, once it sustains or MCB above 419.
Buy on sustain/MCB above 419 | WCBSL 264 | Tgt 550 / 650 / 750+
(or)
Buy around 340_270 | WCBSL 170 | Tgt 550 / 650 / 750+
6.9 Years Multiyear Rectangle Consolidation Breakout at JTEKT6.9 Years #Multiyear Rectangle Consolidation #Breakout at #JTEKTINDIA (JTEKT India Ltd) Weekly Chart. Its #Outperformed #Nifty.
What Is a Rectangle?
A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box.
KEY TAKEAWAYS -
1. A rectangle occurs when the price is moving between horizontal support and resistance levels.
2. The pattern indicates there is no trend, as the price moves up and down between support and resistance.
3. The rectangle ends when there is a breakout, and the price moves out of the rectangle.
Some traders like to trade the rectangles, buying near the bottom and selling or shorting near the top, while others prefer to wait for breakouts.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Consolidation BreakoutTataconsumer - showing sideways consolidation from last month. Now it gives breakout from the last one-month range forming a Bullish candle i.e. Engulfing or like a Marubozu candlestick pattern with good volume spurt, it may touch 850-860 level which is next resistance level .
Disclaimer - All updates/posts/discussions are only for education and learning purpose only. not provide any tips/recommendations/advice.
8 Years Multiyear Rectangle Consolidation Breakout at ACCELY8 Years #Multiyear #Rectangle Consolidation #Breakout at #ACCELYA (Accelya Solutions India Ltd) Weekly Chart. Its #Outperformed #Nifty.
BSE: 532268 / NSE : ACCELYA
What Is a Rectangle?
A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box.
KEY TAKEAWAYS -
1. A rectangle occurs when the price is moving between horizontal support and resistance levels.
2. The pattern indicates there is no trend, as the price moves up and down between support and resistance.
3. The rectangle ends when there is a breakout, and the price moves out of the rectangle.
Some traders like to trade the rectangles, buying near the bottom and selling or shorting near the top, while others prefer to wait for breakouts.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
HP Adhesive Cmp 408 dated 11-11-2022 FUNDAMENTAL & TECHNICALVIEWHP Adhesive Cmp 408 dated 11-11-2022
Analysis based on FUNDAMENTALS & TECHNICALS
1. Rectangle Consolidation
2. RSI already done BO
3. VOLUME BO
Buy @ CMP for target 420-435-450-460-475 SL 380
Fundamental Points :
1. Company has reduced debt.
2. Promoters Holding 71 %
3. FII's 4 % (75 % in strong hands)
4. Growth in Net profit with increase in Margin Profit.
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
HDFC Bank Daily Timeframe AnalysisHDFC Bank getting ready for Breakout
It has formed Narrow range of last 8 sessions and Inside bar candles in last 3 sessions
Making LH - LH structure
Consolidating above last 88 days support zone and sustaining after dynamic resistance (trendline) breakout and formed NR7
If Breakout above 1468 and sustained can go long with SL 1445 and momentum targets of 1487,1513,1540
Kotak Mahindra Bank I have observed that Kotak Mahindra Bank is in weekly range of 1650-2000 since two years. Bank Nifty has shot-up up to 71 percent in last two years. Kotak Mahindra Bank is one of the fig four bank in major four private banks namely HDFC, ICICI, Axis and Kotak.
Still kotak mahindra bank is within the range. If, Kotak Mahindra Bank breaks range of 2000 and moves above, we will see fantastic rally in such stock.