Realty sector is booming with most of large cap stocks already crossing its ATH levels. Purvankara projects is one of the best trade in realty sector which can give you 2x returns from here. Stock had given volume breakout and has retested its breakout last week. If we see a continuation move from here, big targets can be expected. Please note that realty sector...
Welcome to today's analysis of NSE:ELECON , where we explore a compelling trading scenario fuelled by recent stock activities. 📊 The Breakout Story Elecon Engineering hit a record high in its previous Friday trading session, breaking past its former resistance with impressive volume. The surge was marked by a robust breakout candle, signalling strong...
📊 Fundamental Key Points: Action Construction Equipment Ltd engages in manufacturing and marketing hydraulic mobile cranes, tower cranes, construction equipment, and agricultural machinery. The company offers a diverse product portfolio to meet various customer requirements. Financials: Market Cap ₹17,094 Cr, Current Price ₹1,428, Stock P/E 61.7, ROCE 26.2%,...
Hi, I bet most of you would be familiar with this pattern and some of you might have even traded it. I would still not name it here and look for your answers in the comment section below. Action near resistance zone You can see that the stock has been in a strong uptrend but faced a resistance near 3700 zone or level A(see chart). Observe heavy volume gap down...
GRINFRA has given a breakout from symmetrical triangle pattern on 1D timeframe. It is also trading above its 200 EMA. Go long after bullish confirmation.
NEAR crossed falling wedge but how to catch fair price. FAIR price : 5$ but first it will touch 12$ after halving it will go retest according to price action. 4
Logic:Breakout retest done and fresh flag breakout of consolidation Targets are based on Fibonacci retracements. Company has strong fundamentals. Good stock to invest on dips as well. Idea is shared as a swing trade for educational purposes. It will help you understand power of flag breakout and continuation patterns.
JINDWORLD has recently exhibited a significant breakout of its falling trendline accompanied by substantial trading volumes on 28th February 2024. Currently, the stock is hovering around a level that previously acted as a resistance. Interestingly, the stock retraced to test the breakout level with notably lower trading volumes. 📊 Key Points to Consider ...
1. Trend: Bullish 2. Set up: Breakout & retest 3. STrength: Stronger then breakout 4. RR: from 1:4 to 8
TATA MOTORS (1D TF) - Swing Trade Analysis given on 27th Feb, 2024 Pattern: ASCENDING TRIANGLE - Resistance Breakout - Done ✓ - Volume buildup at Resistance - Done ✓ - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #TATAMOTORS #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
Previous post on day timeframe This post on 4H TF First, BINANCE:NEARUSDT is right on Bullish Fair Value Gap and Horizontal Support So I think this is good zone to buy NEAR for next bullish I see two chance to buy that 1. More risk: buy now and stoploss below $2.03 2. Safer: Wait for breakout and retest $3 then can join Wait for next move and DYOR...
1. Trend bullish 2. Set up: Breakout & Retest 3. RR 1:5.5+ reversal trade set up 4. Double bottom at retest
1. Trend Bullish 2. set up: Breakout & retest 3. pyramidding on profits i.e. on winning trade 4. RR 1:10 further 5. SL follow on weekly closing basis
BAJEL is a company whose stock was introduced recently. It is the part of Bajaj Group. Fundamentals are good to go! One can keep this stock in their watchlist.
On 4H TF BINANCE:PERPUSDT is trading in #TrianglePattern and now, I'm waiting for a breakout This pattern can make at least 40% profit Wait for a breakout and close above trendline Time will tell
Sandhar Technologies Limited 1) Time Frame - Weekly. 2) The Stock has been in a consolidation since (April, 2018). It has given a breakout on November, 2023 and consolidated few weeks & It has broken the previous life time high & Closed at its All time high with strong bullish momentum in weekly time frame. 3) Recommendation - Strong Buy
CMP 8.4 buy upto 6.5 target 11 / 12 / 13 / 15 / 17 / 19 / 21 ABOVE 21 IT WILL BE A FRESH BREAKOUT... 1) currently it is retesting previous breakout 2) Value Addition 3) At support Zone Regards... Keshav... 17/10/2023
Chart analysis in Weekly time frame: Pattern: Basing pattern is formed in 5.5 years. Breakout: BO of ATH and Basing pattern and re-test of breakout is also performed. Volume: Volume spike is there during BO and the volume is above Moving Average. Trade setup: Entry price: 345.7 Stop loss: Below previous ATH 304.7 Target 1: 369.3 Target 2: 407.55 ...