On_a_verge_of_a_BreakOutNifty Energy weekly chart shows that the index has formed a Cup and handle pattern and looking at the ratio chart of Nifty Energy viz. Nifty, in monthly TF one can see the ratio chart has given a fresh breakout and retest.
Nifty Energy index wee placed for a breakout and outperformance going forward
Ratio chart: NSE:CNXENERGY/NSE:NIFTY*100
Disclaimer: Educational view
Search in ideas for "RATIO CHART"
Rounding Bottom patternRounding Bottom pattern is formed & the stock is trading at strong resistance.
We can see a breakout as volume is rising in the stock &
golden crossover is done in daily chart.
The ratio chart is also on breakout.
Entry :- 650
Target :- 710/800/910
SL :- 590
What's your view?
DAY=259/366 (15/9/2024)365 DAYSHARDCHALLENGE
AVTNPL: Monthly Breakout StockAVTNPL is a good company, and its fundamentals are good.
A stock from Small cap, which can show a good upmove for next few months.
One understand the chart properly to take your trades.
Monthly Trendline Support
Double Bottom
Base creation
Daily Timeframe Consolidation Breakout
Now watch this ratio chart of AVTNPL and NIFTY 500.
Three Major points to consider
1. Fibo 0.618 Support
2. Trendline Support
3. Double Bottom Creation
How am i trading in this stock?
I will start my trade by adding AVTNPL. My quantities will be less at start. My Stoploss will be 88 and Target will be 136.
With Increasing strength, and stock moving upside i will keep adding with trailing SL.
Trendline break and sustain will give me confidence to add more.
I will keep updating to this chart. So do follow!
ICICI Bank set to Dethrone HDFC Bank!Attached: ICICIBANK/ HDFCBANK Weekly Chart as of 5th May 2023
The above Ratio Chart is Significantly Bullish and suggests that in the coming Weeks/ Months you will see Money flow from HDFC Bank to ICICI Bank (which means ICICI Bank will relatively Outperform HDFC Bank and you are better off going own ICICI Bank instead of HDFC Bank)
Bullish Evidence as follows:
- Massive Inverted Head & Shoulder Bottom Pattern has formed implying Upside for the Chart
- RSI in a Bullish regime since October 2017
- The RSI Bullish Divergence that started in October 2017 also marked a Trend Reversal point for the Chart, prior to which the Trend was Down
- Higher Highs and Higher Lows clearly point to an Up Trend in this Ratio Chart
- Fundamental Analysis of ICICI Bank too is confirming with this Chart
As an Investor,
you are better off Owning ICICI Bank and Dumping HDFC Bank
And as a Trader,
Long ICICI Bank NSE:ICICIBANK and Short HDFC Bank NSE:HDFCBANK makes for a Highly Profitable Pair Trade
6 Touch Point With Curve Line breakout at ISGECOn the #ISGEC daily chart, 6 Touch Point With Curve Line breakout. The reversal is also confirmed by the #Nifty/ISGEC ratio chart. chart.
BSE: 533033
NSE : ISGEC
I compared #SURYODAY vs. the #Nifty and its peers from November 01, 2022, and discovered that it has outperformed both the #Nifty and its peers in the sector.
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
all-time high breakout at EMUDHRAOn the #EMUDHRA daily chart, there is an all-time high breakout. eMudhra Ltd has outperformed the #Nifty, which is also confirmed by the Nifty/EMUDHRA ratio chart.
I compared #EMUDHRA vs. the #Nifty and its peers from November 11, 2022, and discovered that it has outperformed both the #Nifty and its peers in the sector.
BSE: 543533
NSE : EMUDHRA
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
#sharemarket #MultiBagger #relativestrength #stocks #StocksToBuy #RatioChart #Growth
all-time high breakout at SYRMAOn the #SYRMA daily chart, there is an all-time high breakout. #SyrmaSGS has outperformed the #Nifty, which is also confirmed by the Nifty/SYRMA ratio chart.
BSE: 543573
NSE : SYRMA
I compared #SYRMA vs. the #Nifty and its peers from November 23, 2022, and discovered that it has outperformed both the Nifty and its peers in the sector.
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
4-point curveline breakout at SURYODAY#SURYODAY daily chart, there is a 4-point curveline breakout. The reversal is also confirmed by the Nifty/SURYODAY ratio chart.
I compared #SURYODAY vs. the #Nifty and its peers from November 01, 2022, and discovered that it has outperformed both the #Nifty and its peers in the sector.
BSE: 543279
NSE : SURYODAY
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
#sharemarket #MultiBagger #relativestrength #stocks #StocksToBuy #Nifty #RatioChart
double bottom(W) breakout at TATAELXSIOn the #TATAELXSI daily chart, after a 45.42% correction from the lifetime high, a double bottom(W) breakout occurred, which means a reversal. The reversal is also confirmed by the Nifty/TATAELXSI ratio chart.
I compared #TATAELXSI vs. the #Nifty and its peers from October 14, 2021, and discovered that it has outperformed both the Nifty and its peers in the sector.
BSE: 500408
NSE : TATAELXSI
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
COLPAL Set to Outperform Index Nifty 50Attached: COLPAL/ NIFTY 50 Daily Chart as of 11th May 2023
The above Ratio Chart shows a Classic Bull Flag Setup within an Inverted Head & Shoulders Pattern. This is Bullish Evidence in favor of the Ratio Rallying Upwards
They say Buy Strength and Sell Weakness
Therefore this makes NSE:COLPAL a BUY given its Potential to Outperform!
a double bottom (W) breakout at SONACOMSOn the #SONACOMS daily chart, there is a 5-point curveline as well as a double bottom (W) breakout. The reversal is also confirmed by the Nifty/SONACOMS ratio chart. I compared #SONACOMS vs. the #Nifty and its peers from 07/11/2022 and discovered that it has just started outperforming both the #Nifty and its peers in the sector.
BSE: 543300
NSE : SONACOMS
MARUTI Set to Outperform Nifty 50Attached: MARUTI/ NIFTY 50 Daily Chart as of 5th May 2023
This Ratio Chart has just given a Fresh Breakout Buy Signal implying that for the coming days/ few weeks NSE:MARUTI is all ready to Outperform and take Leadership for Nifty 50
Buy Strength and Sell Weakness
Hence, expect Buying Action in MARUTI Stock from here on is what the Charts say!
inverse head and shoulder breakout at BSEOn the #BSE daily chart, there is a downward trendline as well as an inverse head and shoulder breakout. The reversal is also confirmed by the Nifty/BSE ratio chart.
NSE : BSE
I compared BSE vs. the Nifty and its peers from 12/10/2022 and discovered that it has just started outperforming both the Nifty and its peers in the sector.
HEROMOTOCO- Relative Strength says BUY!Attached: HEROMOTOCO/ NIFTY 50 Weekly Chart as of 28th April 2023
The above Ratio Chart also called a Relative Strength Chart shows that the Stock HEROMOTOCO is set to Outperform the Index Nifty 50 and has given a Buy Signal on this Ratio Chart based on Elliot Wave Theory
Wave 1/ A was a 5 wave Impulse
Ratio retraced to 0.786 in Wave 2/ B as a 3 wave Corrective
AND NOW,
Wave 3/ C to the Upside is set to start/ has started already and this means the Stock is expected to Outperform the Market from here, making it a BUY as you always buy Outperformers because that is where the Strength is!
Note: The Stock has Earnings on 4th May, Thursday