Hi all - swing trade opportunity to go long for PIDILITIND. Key Highlights: 1. Consolidating in range, enter long on breakout 2. Good risk and reward opportunity
Stock is forming pole and flag price action pattern near ATH or you can also see it as consolidation before making a big move crossing all previous resistances. Stock can move upto 1045 as per Pole and Flag targets. Other targets can also be derived from Extension based FIBO. DISC: For educational purposes only. Please consult your financial advisor before...
This FMCG giant is consolidating in the range of 2428-2723 from a long time. It is near the support levels. If there is a close below 2428, there can be a new downside in this counter. But if it sustains 2428 on closing basis then we may see 2723 again
Hi All - Swing opportunity to go long in Hindustan Zinc. Key Highlights: 1. Consolidating in a range at demand zone and breakout will give good run 2. Good relative strength 3. Good risk and reward
CNXIT: NIFTY IT has broken the channel on the upside in which it was stuck for last 1.5 years. High RSI. Time to invest in IT now.
Bharti Airtel breaking a rectangle box trading at all time high trading above all key ema good volume educational idea only
Tata consumer breaking a rectangular box trading above all key ema huge volume trading at all time high educational idea only
Praj industries has been consolidating in a Darvas box since past 2 years. The stock is a major palyer in ethanol industry which is used an alternative to petrol in automobile. The stock is looking strong for a breakout of this consolidation which would be a monthly closing above 440. Accumalate this stock on dips. Best buy zone is 380-400. This idea is for...
KotakBank consolidating from Dec 2021 to Nov 2022 The range of consolidation is 1625 to 1975, Bank Nifty moved in range of 10000 to 12000 point in last one year. Bank Nifty moved 10000 point since Jun 2022. The move lead by ICICI Bank, Axis Bank, SBI , HDFC Bank and Along with PSU BANK Kotak Bank and Indusind Bank has not moved in rally, So when Index start...
Daily Timeframe: State Bank of India SBIN is going to 620 after clean breakout of double bottom formed at support level
Vinati Organics has been consolidating for 2 years in a unique supply-demand conversion zone. In the first year, it traded in a rectangle pattern, making higher highs. Later, it underwent a trend reversal, forming a triangular pattern with lower highs. Throughout this period, it held one support level, as its visible from chart. Today, it made a good move and...
#thomascook #swingtrade #momentumtrade #breakouttraade #swingtrading 📌 Thomas Cook : Range Breakout Swing Trade / Momentum stock >> Bullish structure along with Volume contraction seen on charts >> Good strength in stock >> Wait for Levels to break Swing traders can lock thier profits at 10% and keep trailling Please Like or comment if u r Liking the analysis &...
NMTC was stuck in a downward rectangular pattern for over 2 years, with lower highs and lower lows. Now, it's trading at a 40% discount. But in the last 4 months, it started going up, breaking out of the pattern. However, it's now in a smaller rectangle outside the breakout point. We need to wait for it to break out of this new pattern too. Once the price...
Trade idea logic: 1. High volume followed by big green candle. 2. Consolidating and slowly moving up. Looks goods for medium to long term gain.
sonata software breaking rectangle box trading above 20ema educational idea only
PATTERN - the stock has formed a year long consolidated rectangle which just follows range bound trend . the stock is ready for potential rally with unprecedented volumes. TARGET - for time being the stock can rally till 500 levels in no time and furthermore if it penetrates the resistance it can returns till 620 FUNDAMENTALS - The company is owned by west...
Deepak Nitrite Fundamentally Strong company. Institutions increased stakes in Apr-Jun Quarter. Triangle breakout. Will fire once consolidation breaks out.
Consolidated from last 1 month. Box breakout with good volume. Fundamentals and Q1FY24 concall points looks promising.