Get started

Roundingbottom

MULTIPLE PRICE VOLUME BREAKOUTS IN GUJALKALIGUJALKALI is poised for one of the biggest breakouts 1. On a weekly time-frame it has already broken out of a rising parallel channel that has been under construction since a year and a half 2. Again it has broken out from below a rising trend-line that runs for a span of more than four years 3. Now it is poised to break out of a large rounding bottom pattern that has been under construction since almost three years 4. Massive volume breakout :The buying volumes recorded in these breakouts are almost at a high of more than ten- twenty years 5. Chart wise the first target comes out to be 935 which was the ATH registered earlier, FIB extension quotes second target destination at 1285 6. One of the possible reasons behind this traction can be the mammoth price increase in its major product-line contributor, caustic soda
NSE:GUJALKALI
by harshad_009
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.
NSE:TIRUMALCHMLong
by raavigeorgian
BROOKSLAB #StockMarket #StockIdeas #StocktoWatch #StockToBuy Brooks Laboratories Ltd is a pharmaceutical manufacturing company primarily working on contract basis. -------- 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 -------------- Enter if sustain above 125 level Keep SL of 110/100 levels look for target of 140/150 levels ------------ Refer Chart for entry details Strict SL to be followed in every trade
NSE:BROOKSLong
by Jordan_n-