KPITTECH - Gave Break out of Cup & Handle + Volatility contraction pattern. - Good volume during BO and follow up buying - Consolidated on the upper side when the market was weak. - Retested and then again BO in Weekly tf.
#BREAKOUTSTOCKS - Cup and handle BO and then a shallow pull back with dried up volume and took support at Fibo 50% - Morning star pattern - Increase in volumes - All imp. avg. below it along with bullish W&M RSI
#stocktowatch - Cup & Handle formation - Symmetrical Triangle - Volatility contraction - above all avg. in Daily tf - Bullish RSI Disc : - Let the Hourly Candle Give BO on Closing basis with good volume.
- After facing rejection at the ATH, the stock took support at Fibo 50% - Formed Double bottom - ascending triangle - H & S Pattern - Big volume bars showing Good demand - Not falling in this weak market as well - inverted hammer which can be formed to check the selling pressure. Disc : Keep the stock in your watchlist.
- After a downtrend the stock is forming HL and HL - Weekly BO in progress - massive Volumes
- after a good BO the stock pulled back with dried up volume and now rejected at the retest - Increase in volume
- Inverted H&S after a Downtrend - Break out given - Volume increase at the BO
- Inverted H&S formation after an uptrend - about to complete the pattern - Keep in your watch till the time it takes the neck line
KPR mill breaks out of the Descending triangle pattern on weekly chart. The Entry exit points are all mentioned on the chart. The volume is building up. Disc ; Invested from lower levels, this is for educational purpose only. Please do your own research, before investing.
- Double Bottom after a downtrend - big volume BO and then volume dry up during pull back - Volume increase and rejection at the retest - Inside bar
- Huge Volume support when it broke the Major support - Bears are trapped - Minor TL has been taken which shows bull strength - Neck line is not broken yet so wait for it to be taken with good volume
- Rejecting strongly at the BO Zone. - Bullish engulfing candle - Good volume Build up
- BO with big volume but it has an upper wick - Volatility contraction - Can also be seen as a Cup & handle pattern
- Double bottom after a downtrend - Cup & Handle at 2nd bottom with volatility contraction during handle formation - RSI Divergence Tip : - Wait for a strong BO
- H&S BO with massive volume - A significant upper wick shows selling pressure is still there and in 15m tf it has formed a Lower High - keep a close watch tomorrow, i thing it will retest the BO zone - Make sure there is a rejection candle if you plan to enter in a trade
#nifty around retest zone - Keep a watch on it and check if it gets rejection from here. - It should spend some time at this point. - If it has to go up from here don't expect a V shape recovery.
- Gave a Strong BO of rectangle + TL - Big Follow up volume - Pull back with dried up volume Disc :- Wait for a strong rejection at retest
- After a down trend the stock is forming a H&S as base - Can also be seen as C&H pattern - Volatility contraction during right shoulder or Handle - So many inside bars Disc :- wait for a Strong BO that takes the high of the Mother Bar which is 477.90