Rectangle
ElectroSteel Casting - Double Bottom & Rectangle BreakoutElectroSteel Casting has given a double bottom and Rectangular breakout and re-tested as well. We can see price moving towards 285-300. Other factors:
1. Best TTM profits
2. FIIs & Promoters increasing stake
3. RSI will improve
4. There is a pennant / triangular breakout as well
Right Stock at Right Time at Right Price by Cleaneasycharts!!
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GAIL -Symmetrical Triangle -Near BreakoutGAIL -Symmetrical Triangle -Near Breakout
Name - GAIL
Pattern - Symmetrical triangle
Timeframe - Daily
Status - Near breakout
Cmp - 237
Target - 266 - need to close above 240
SL - 232
Pattern:
A symmetrical triangle pattern is a common chart pattern in technical analysis that indicates a period of consolidation before the price breaks out, either upward or downward.
Fundamental:
Here are some key fundamental ratios and metrics for GAIL (India) Ltd.:
Market Cap: ₹156,284 Cr
Current Price: ₹235.00
Price-to-Earnings (P/E) Ratio: 13.84
Price-to-Book (P/B) Ratio: 2.03
Return on Equity (ROE): 13.96%
Dividend Yield: 2.31%
Net Profit Margin: 22.88%
Debt-to-Equity Ratio: 0.248
GAIL is a leading natural gas company in India, with extensive infrastructure including over 11,500 km of natural gas pipelines and multiple LPG gas-processing units.
WHIRLPOOL: Potential Rectangle Breakout
A rectangle pattern is a technical chart pattern characterized by two horizontal trendlines, one representing resistance and the other support, with the price oscillating between them. A breakout from either side of the rectangle can indicate a potential change in trend.
Wait for Breakout: Monitor the price action near the 2200 level. If the price breaks above 2200 with increased volume, it could be a strong signal to enter a long position.
Stop-Loss: Place a stop-loss below the recent low or the lower trendline of the rectangle. This will help limit losses if the price reverses direction.
Profit Targets: Use T1 (2300) and T2 (2400) as potential profit targets. However, consider trailing the stop-loss as the price moves higher to protect profits.
Entry Level: 2200: This is likely the breakout level from the rectangle. If the price successfully breaks above 2200, it could signal a bullish uptrend.
Target 1 (T1): 2300: This is the first potential target after the breakout. If the price reaches 2300, it could indicate a continuation of the uptrend.
Target 2 (T2): 2400: This is the second potential target, suggesting a more significant price increase.
Disclaimer: This analysis is based on the provided chart and is for informational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions.
INDIAN ENERGY EXC LTD (IEX)IEX: Breakout & Retest from Rectangle Pattern
Key Observations
Breakout and Retest: The price has broken above the resistance level (neckline) of the cup and handle pattern, confirming the bullish signal.
RSI: The RSI is above 60, suggesting a bullish bias.
Volume: Increased volume during the breakout and subsequent pullback confirms the significance of the price movement.
Disclaimer: This analysis is based on the provided chart and is for informational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions.
Breakout Mrs Bectors Food Specialities LtdRectangle breakout done , RSI also looking bullish.
Mrs. Bectors Food Specialities Ltd was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995. It manufactures biscuits and bakery products that are marketed under Mrs. Bector’s Cremica and Mrs. Bector’s English Oven brands, respectively.
Mrs. Rajni Bector started the enterprise in 1978 by manufacturing ice creams, bread, and biscuits. It is promoted by Mr. Anoop Bector who has over 25 years of industry experience. He is also the Managing Director of the Company. [4
Good Breakout TodayHi All…
Greetings!
Today I’m sharing with you Bank of Baroda Daily Chart. Today we had a good break out in the stock. The stock has been sideways from a long time. I think it would a good time to invest in the stock. Hoping for the stock to breakout 275 levels this time.
In the coming time I think it should give good returns.
Thanking You
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. I'm not a SEBI registered technical analyst.
Rakhi Gift to Arthavidhi Followers AVP infracon lyd has given breakout of Darvas box on Daily chart.
Companies valuation are very cheap compared to peers.
Companies revenue are decent and order book are very strong.
Targets are marked on chart with blue line and Stop loss is marked as Red line.
One can analysis this chart pattern.
Asian Paints and Correlation between real estatefundamental logic-
Any construction need painting even if realestate becomes dull if they want to sell old building they repaint
if for marriage and functions people re-paint
even we can see schools and colleges also time to time they repiant so consolidation of price will not be much longer and there is high probability that it can see upward rally
technically-
We can see price is range bound
and can seen as channel below med line its a buy zone above mid line is hold zone above top line can see a good rally
simply 2600-3000 can sip and can keep adding
aboce 3000-3400 can hold
above 3400 hold still it breaks 200 day Moving average
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
200 DMA Gives excellent support Adani energy Has good consolidation actullay there is Darvax box
or parllel channel can be drawn on chart but will make it look messy so kept the chart plain and simple 200 dma itself is acting as lower channel
best price to buy near to 200 dma
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk