Bata is having a cup break out in progress since few weeks now. Stock at all time high price levels the momentum is bullish on all timeframes while trend indicators are bullish as well with strength seen rising on all timeframes.Weekly may be forming an unconfirmed momentum divergence need be cautious about. The stop loss below the breakout zone could be tried...
Hdfc weekly has taken cup/rounding pattern breakout with a green close above neckline at all time high levels after an earlier momentum range shift move from sideways to bullish zones. Momentum on all timeframes are good.ADX shows trend strength rising on all timeframes as well. swing/ Positional trades can be taken with stops at candle below neckline and entry...
'Flag pattern' breakout on daily charts in progress.Also the weekly charts show that a 2011 year started 'Rounding pattern' breakout in progress Momentum bullish on all timeframes.Bullish reverse divergence in play on daily.weekly The trend indicator ADX showing that the trend strength rising up on weekly timeframe.Volumes on weekly are above moving average and...
The stock continue trending up well within a channel after the rounding pattern breakout many weeks back. Momentum and trend indicators are in bullish zones on all timeframes.Volumes are decent above 20 moving average. Have tight stops for short swing trades as there could be weekly bearish divergence that could pull it down. However the pattern could eventually...
HDFCBANK one of the largest constituents of the market index is at the edge of a potential big breakout if it works out. There is a rounding pattern formed and it already has cleared the previous 1641 resistance and is at all time high but just need a green candle close above for confirmation. The Fibonacci extension levels indicates 1800 levels possible even if...
Weekly showing a rounding pattern breakout in progress taking out a 4 year old previous resistance The last daily candle is wide range bullish . Momentum indicators is bullish on all timeframes short medium and long while trend indicators are bullish as well with ADX strength of trending seeing rising up on all frames and therefore continuation of price up move is likely.
6 year old resistance has been clearly broken when breakout happened last week. Volumes are above average with momentum and trend indicator bullish on all time patterns It is rounding pattern breakout on long term timeframes too and could be forming cup and handle as well. Up move is expected to sustain considering all these
AXIS bank shows a potential breakout from a previous 2 year old resistance zone. Looks like it is forming inverse Head and should pattern on weekly timeframes with neckline same as the resistance zone with potential to break out upside If it worked out.Momentum and Trend indicators are showing bullishness on all timeframes now.Enter only on confirmation of...
infoedge /naukri is breaking out from a rounding pattern. supports could be placed on weekly 50 EMA for positional or neckline of breakout on daily for swing trades
Daily wide range bullish clear breakout from a 4 year old resistance. Monthly timeframe rounding pattern breaking out Momentum and trend indicators showing bullishness on all timeframes.
Bullish divergence met target &daily rounding pattern breakout in progress and weekly approaching a very wide weekly W pattern breakout neckline. Cautious of a weekly bearish divergence emerging &use tight stop loss at rounding pattern neckline
#PiramalEnterprises #PEL : rounding pattern seen on weekly at verge of breakout. Earlier bullish reverse divergence worked like charm to meet target.all timeframes have good momentum and trend. Flag pattern seen on daily timeframe .keep stop loss at candle on neckline and enter on confirmation only.12% up move happened on earlier post made on Aug 5th.
#tatasteel breakout 15% move from last post on it
#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.
AUSMALLFINANCEBANK Wait and Watch for the resistance zone to be broken to enter a potential trade with tight stop loss
Godrej consumer potential break out since it has a weekly rounding pattern. could give swing trades if breakout happens.FMCG sector gained momentum as well .
BUY MAHINDRA LOGISTICS 640-660 for 695/710 (short term) and 720/800 (positional trade). Invalid below 620 on CB(short term), 575 on WCB (positional trade).
Reality Sector Index shows bullish momentum reverse divergence which could mean further upmove.it was consolidating after an earlier breakout from a rounding pattern.All timeframes have bullish momentum and trend. #dlf seems to be breaking out. godrej properties on verge of one.