Kaveri Seed Company Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (May, 2021) & in a downtrend since (April, 2015). Now It has given a Consolidation and Downtrend breakout & Closed above it's (May, 2021) High with good bullish momentum candle & with huge volume in weekly Time Frame.
3) The next resistance would be it's Life Time High ...
#veto #swingtrading #patterntrading #roundingbottom #breakout
VETO : Veto Switch: weekly (1-3 months)
>> Breakout candidate
>> Rounding bottom
>> Good Strength & Volume buildup
>> low Risk High Reward trade
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by...
Stock gave breakout of rounding bottom price action pattern and also recently company declared net profit of 36 Cr.
Entry - 123 to 125
Target - 165.55
Stoploss - 101.65
This is not a buy or sell call, analysis is shared for educational purpose.
NSE:TV18BRDCST has completed a rounding bottom and given a breakout above the neckline. Long trades can only be taken after close of candle above the neckline. There is also a chance that it will form a handle and the pattern can be cup and handle pattern.
#JUBLFOOD
>> Rounding Bottom Completed today
>> Rounding bottom breakout
>> not the best of Breakout's so can retrace and attempt to breakout again convincingly
>> Good Strength and Volumes
After more than 50% Correction Stock has made a good base and now looks good to hold Positionally, keep accumulating at every dips
Keep liking & sharing for more learnings,...
It might be referred to as a darvas box breakout, a resistance breakout, or you can call it a rounding bottom breakout.
Strong volume and a bullish breakout candle indicate that buyers are clearly in control. Stock is rising and is currently trading at a record high.
Aggressive traders can plan entry above today's high and place Sl below Support Zone, which was...
Birla soft : Rounding Bottom Breakout
>> If gap up wait for retracement and try to pick up nr safe entry levels
>> Good strength in stock
>> Good Volume participation
Happy Trading !!!
