Roundingbottom
BLS INTERNATIONS EXTREMLY BULLISH SETUPStock was forming consucutive rounding bottoms on chart followed by a big rounding bottom on weekly chart and also given breakout around 150 level after that stock easily achieved first target of 197 and ready for nex big move towards second target marked on charts..this is how price action works
Thirumalai Chem - 4yr Rounding Bottom BreakoutThe volume cluster in the past 3-4 months indicates heavy accumulation. Can start building positions. Expect consolidation of few sessions in the 210-220 Zone. Post that it can shoot up quick.
BUY GUIDANCE:
Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
BROOKSLAB #StockMarket #StockIdeas #StocktoWatch #StockToBuy Brooks Laboratories Ltd is a pharmaceutical manufacturing company primarily working on contract basis.
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On Weekly Chart Rounding Bottom is there,
Try to play rounding bottom breakout only
Strict SL to be followed, and invest low in this script
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Enter if sustain above 125 level
Keep SL of 110/100 levels
look for target of 140/150 levels
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Refer Chart for entry details
Strict SL to be followed in every trade
Multi year breakout setup in VIP IndustriesWell, look at the volumes coming in the breakout candle and the body size of the candle. This is a clear breakout confirmation and now taking a little suport on the breakout levels.
This is a good long opportunity with a target to fill the complete range of the rounding bottom formed.
Kindly note that this is only my analysis and not a recommendation.
Tanfac - 3yr Rounding Bottom Breakout with massive volumeBroke out on the back of great results. Can be a multibagger from here.
BUY GUIDANCE:
Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Kingfa Sciences - 3yr Rounding BottomThe stock has come up with good results. Will likely see a breakout in the coming weeks.
BUY GUIDANCE:
Never buy before 3PM. I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
#LARSEN&TOUBRO :Weekly Rounding & Daily double bottom breakout#LARSEN&TOUBRO.Rounding pattern breakout green close above neckline on weekly.On daily it is also forming a W double bottom patter
Which also has broken out.Bullish momentum on all timeframes.ADX also indicating trend is good.
Long entry with tight stop loss at pattern neckline is god trading idea.
BPL looking good for an upside of 43% from CMPHi Everyone,
BPL looks for an upside.It needs to sustain above 43.5. Next target which looks evident from here is 61.60 a whooping 42.66% returns as it forming a big round bottom on the weekly chart.
Trade Plan
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CMP - 41.95
Entry : 43.5
Stop Loss : 35.95
Target : 61.60
Risk : 7.85 / 21.94%
Reward : 18.5 / 42.66%
R:R = 1: 2.35
RSI also giving strength
HOURLY : 67.80
DAILY : 62.17
WEEKLY : 72.44
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.
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