Good Consolidation Breakout Possible Stock consolidating near crucial moving averages 200 and 50 DMA
If breakout, can test all time high
Rectangle
#TORNTPHARM #PRICE ACTIONTARGETS 3800 = 4000
The company has shown a good profit growth of 33.15% for the Past 3 years.
The Company has been maintaining an effective average operating margins of 27.50% in the last 5 years.
The company has a good cash flow management; CFO/PAT stands at 1.44.
The company has a high promoter holding of 71.25%.
Company has been maintaining a healthy dividend payout of 55.37%
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Apollo micro Multiple pattern bo on chart, 1) H&S pattern BO 2) 4yr range consolidation BO with volume..could be good buy some qty at CMP and some qty at the time of retesting around 140 level.... This stock has the potential to reach again all-time high level.
Note: educational post
Stan Weinstein framework for investorsSW criteria for multibagger stocks :
1) BO above rising 30 Weekly moving average
2) Volume expansion during BO
3) Rising relative strength
4) no significant prior resistance over last 2 years
Sunpharma Cmp 839 dated 29-12-2021Sunpharma Cmp 839 dated 29-12-2021
1. Rounding Pattern on chart BO @ 840
2. Rectangle BO @ 840
3. Channel BO
Buy for a tgt of 950 SL 795
It is just a view, pls trade at your own risk.
Kabra Extrusion Tech*For educational purpose only it's not a call. Please trade at your own risk.
Wait for a price to come at support level.
Titan Cmp 2380 dated 28.12.2021Titan Cmp 2380 dated 28.12.2021
1. Darvas Box Pattern chart is forming.
Buy for a tgt of 2430-2490-2545-2615 SL 2290
It is just a view, pls trade at your own risk.
ISGEC Cmp 654 dated 24.12.2021ISGEC Cmp 654 dated 24.12.2021
1. REctangle Consolidation Bo already done @ 650.
2. Huge Spike in Volumes.
3. RSI has triangle BO.
Buy for a tgt of 705-765 SL 605
It is just a view, pls trade at your own risk.
TTK Prestige Every Time Box Breakout gives Solid 15%TTK Prestige Every Time Box Breakout gives Solid 15%
TTK Prestige Every Time Box Breakout gives Solid 15%TTK Prestige Every Time Box Breakout gives Solid 15%
Capli Point Cmp 807 dated 24.12.2021Capli Point Cmp 807 dated 24.12.2021
1. Triangle Pattern On chart BO above 815
2. REctangle Box BO @ 825
3. VOlume BO
4. H&S Pattern On RSI
Buy for a tgt of 840-870-890-925 SL 790
SHort to Medium term Tgt 1100+ SL 725
It is just a view, pls trade at your own risk.
Let's co-forceThough share is in range bound kinda structure yet making higher highs and higher lows.
As nifty made wild moves in both directions yet coforge was strong enough to absorb such pressure.
Keep a close eye on it
Big move incoming
Not a SEBI registered advisor
Looks good for consolidation breakoutRelatively strong sector
Breakout Possible
Above 50DMA and 20 DMA
06 Months Long Consolidations BreakoutPrice breakout after 06 months of tight consolidations with extremely high volume . If price holds 175 level then we will see more upmove .
Century Textiles Cmp 883 dated 22.12.2021Century Textiles Cmp 883 dated 22.12.2021
1. Triangle Pattern BO @ 880
2. Rectangle Box BO @ 900
3. Volume BO
Buy for s tgt of 900-950-970-1000-1030 SL 825
It is just a view, pls trade at your own risk.
Godrej Consumer Cmp 958 dated 22.12.2021Godrej Consumer Cmp 958 dated 22.12.2021
Rectangle Consolidation BO @ 960
Buy Above 960 for z tgt of 985-1010-1035 sl 925
Grasim Cmp 1636 dated 21.12.2021Grasim Cmp 1636 dated 21.12.2021
1. Taken Support at the trendline.
2. RSI Divergence.
Buy for a tgt of 1670-1715-1750 SL 1600
It is just a view, pls trade at your own risk.
BUY Gufic Bio nice accumulation of 6 months
darwas box breakout
looking good for short term play
target and SL are mentioned in charts
[ INTRADAY ] CHOLAFIN LONG BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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poly plex corporation Greeting for Seasons !!
Polyplex different entry leval market with short term and ultra short term 2 different sl/support Leval
why this ?
because i seen polyplex structure is bullish there were good volume too as of now
but overall broader market trend is in under pressure and global news events of corona and lockdown too going on
in this situation one should always be alert on choosing entry and risk management
will suggest to add as of now 25% qty and more 30% qty add after breakout
rest 50 % qty buy once this breakout re tested and follow up happen
( why retest ..because when broader market under pressure there were natural false breakout to be happen)
happy trading
Regards,
Hitesh K.
