BOX 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 #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...
Tataconsumer - 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...
8 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...
1. Trend line support 2. Bounce from support zone 3. Short term trend line breakout 4. Retesting trend breakout levels 5. Rectangle pattern breakout Targets previous swing highs Sl previous swing low
HP 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...
HDFC 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...
Tci stock has Taken good support from trend line . Stock has high probability of Given ROI of 15-18 %
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...
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.
BOX PATTERN / RECTANGLE BREAKOUT Buy @ cmp & in dips till 1440 | WCBSL 1365 | Tgt 1850 / 1950+ In past, stock moved more than 550 points twice after the BOX / RECTANGLE BREAKOUT. Now again gave breakout of same pattern. Price Action indicates stock can move 450_550+ points from the Breakout level.
NSE:DEVYANI There is box is fromed on 4 hours chart pattern If it breaks there is chance of great movenment both side This is foe educational purpose
ekc is ready for break ou buy with cinirmation after retest of stock and ready to profits. follow for more such technical analysis
NSE:MUTHOOTFIN #NSE:MUTHOOTFIN Consolidation from last 3 months, Breakout sustainability may give good momentum !!
Cummins India Cmp 1293 dated 30-10-2022 1. Rectangle Pattern Bo @ 1290 2. Price Rise with Volume Rise Buy @ Cmp for target 1350-1415 SL 1250 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...
LANCER CONTAINER CMP 323 DATED 30-9-2022 1. Price rise with Volumes. 2. Double top BO above 330 Buy above 330 for a target 375-405 SL 300 PROS Company is expected to give good quarter Company has delivered good profit growth of 74.7% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 34.3% Company's median sales growth...
buy=1085 stoploss=1077 target=1100 RISK TO REWARD=1:2