Get started

Search in ideas for "STRONG BUY"

Dalmia Bharat Sugar Strong Breakout from Symmetrical TriangleDalmia Bharat Sugar has successfully broken out from a long-term symmetrical triangle pattern with significant volume, indicating strong buying interest. The stock has rallied above 570, and with the RSI nearing the overbought zone, there is still room for upside momentum. This breakout suggests potential further gains, with the next target near 640. The volume surge supports this bullish trend, and traders should watch for sustained price action above 570 to confirm the rally continuation.
NSE:DALMIASUGLong
by Marketik
NURECA - Swing Trade Setup FormedNureca Ltd displays a bullish stair-step pattern with multiple consolidations followed by breakouts. Each consolidation is marked by a decrease in volume, indicating reduced selling pressure, and is followed by a sharp price surge of 15-17% on increased volume. Key Points: Consolidation & Breakout: The chart highlights three distinct consolidation phases, each followed by a breakout with strong bullish momentum. Volume Analysis: During consolidation, volume decreases, suggesting that sellers are losing strength. Volume spikes on breakout days validate the upward movement, indicating strong buying interest. Entry & Stop-Loss: Entry: Above ₹374 Stop-Loss: Below the support zone of the consolidation, at around ₹357-₹358. Target: The immediate target is set at ₹400, representing a potential 15% gain from the entry level.
NSE:NURECALong
by Profit_Trader25
1
APOLLOTYRE -Cup and Handle Pattern - Breakout - DailyAPOLLOTYRE - Watchout for pull backs It looks like you uploaded multiple stock charts, including for M&M Financial Services Ltd (M&MFIN) and Apollo Tyres Ltd (APOLLOTYRE). Here’s a quick technical analysis based on the charts you provided: ### . **Apollo Tyres Ltd (APOLLOTYRE)** - **Cup and Handle Pattern with Double Bottom:** The chart displays a **double bottom within a larger cup and handle** pattern, which typically signals strong buying momentum. - **Breakout:** - The stock has broken through the resistance level of **₹558.00**, showing strong bullish momentum. - Next major target appears to be around **₹687.05**, a rise of around **23%** from the breakout point. - **Volume Spike:** There is a sharp increase in volume, signaling institutional participation and validating the breakout. - **Support Levels:** After breaking through **₹558**, it should act as a key support, with **₹533** serving as a lower safety net. Stocks showing bullish patterns with notable breakouts from critical resistance levels, indicating potential upside movements in the near term. The increase in volume on both charts further reinforces the potential strength of the breakout moves.
NSE:APOLLOTYRELong
by VCharts_TA
Swing Trade Alert: Surya RoshniSurya Roshni is showing a strong breakout on the weekly timeframe, accompanied by huge volume. Here's why this is worth noting: Volume Confirmation: The large volume indicates strong buying interest and adds confidence to the breakout. Technical Breakout: Breaking above key resistance on the weekly chart signifies potential for sustained upside. 🎯 What to Watch: Monitor the stock's price action for confirmation of this breakout. Sustained volume and follow-through above the breakout level can lead to further upward momentum. Always conduct your own research and analysis before making any investment decisions. 🚨
NSE:SURYAROSNILong
by TechnoTrader10
QUESS Golden Stock #QUESS Current Price: ₹864.35 (as of the last session) Trend: Strong uptrend with consistent higher highs and higher lows. Chart Pattern: Ascending Triangle pattern, with a recent breakout above the ₹850 resistance level, indicating bullish continuation. Resistance Levels: Immediate Resistance: ₹900 Key Resistance: ₹920 (short-term target) Extended Resistance: ₹950Support Levels: Immediate Support: ₹850 (previous resistance now turned support) Key Support: ₹820 (lower end of recent consolidation) Volume: Increased volume during the breakout phase, indicating strong buying interest and institutional participation.
NSE:QUESSLong
by EmpireCrown
Stock Alert: Fino Payments Bank Ltd.📊 Technical Analysis: The stock has broken through its 1-year resistance level, a barrier it tested three times before. This breakout was supported by strong volume, indicating potential strength behind the move. Now, the stock has pulled back for a retest on the Weekly time frame. 📈 What to Watch For: A successful retest with consolidation or a bullish confirmation could provide an attractive entry point. Traders often watch for breakouts and retests to gauge the sustainability of upward momentum. Entry: above 405 🔍 Opportunity Insight: Keep an eye on volume during this retest. If the stock holds above the resistance-turned-support level with strong buying interest, it could signal further upside potential. Disclaimer: The charts shared are for educational purposes only.
NSE:FINOPBLong
by TechnoTrader10
JKCEMENT looks bullishHere's a detailed look at JK Cement's chart that caught my eye. 1. Resistance Zone: The stock faced strong resistance around ₹4,500, with multiple rejections at this level over the past few months. This was a tough barrier to crack! 2. Higher Highs and Higher Lows: The trend has been bullish, with a clear formation of higher highs and higher lows, signaling strength in the uptrend. 3. Support Level: We see solid support around ₹3,624, where buyers have consistently stepped in to push the price back up. 4. Inverted Head & Shoulders Pattern: A textbook inverted head and shoulders pattern has formed near the support level. This is typically a bullish reversal pattern, and it's exciting to see it play out here! 5. Breakout Alert: The stock has broken out of the neckline of the inverted head and shoulders pattern, moving above the previous resistance level. This breakout is a strong buy signal, pointing to potential further gains. 6. Trade Setup: I've got my eyes on this one. Entry on the breakout, with a stop-loss just below the support level, and a target way above, giving this trade a fantastic risk-to-reward ratio. This is a classic setup for those who love technical analysis! Let’s see how this plays out. Do your own analysis before investing!
NSE:JKCEMENTLong
by anuragAnand321
Bank Nifty Date 13.09.2024 Bank Nifty Timeframe : Day Chart This is very powerful analogy to evaluate the rightness of strength whenever market exit from any zone. Many traders & investors get stuck when their understanding with respect to momentum/speed of move is not there. Something what happened yesterday after 1300 hrs. Therefore, i am presenting future conditions using analogy between Fibonacci, Fibonacci speed resistance fan & Gann. Remarks : EXTENSION : 1 Base of the extension is 23.6 at Fibonacci 2 Zone exit is over gann 4/1 3 38% at fibo fan + 23.6 % Fibonacci base is broadening ascending high volatile framework 4 Gann 4/1 & 8/1 is small extension with correction bias, thereafter final 8/1 is high momentum exit CONGESTION : 1 Zone between 38% & 23% strong selling & strong buying created an invisible pin bar 2 50% of fibo fan will act as support & resistance regression between 38% & 23% Fibonacci 3 AT Gann 3/1 & 4/1 will act as support & resistance regression between 38% & 23% Fibonacci BREAKDOWN : 1 A zone exit from 38.2% which is also a breakdown of invisible pin bar 2 Lowers highs with respect to Gann 2/1 is weaker trend 3 Starting its journey from breaking down 50% of fibo fan & closing below it within congestion zone is early signs of it. Note* I have done extensive work & research of when Gann is useful with respect to time cycle & which are the key areas. It may possible that some of you might not understand from what's mentioned above. I would request you to keep it safe as screen shot for future reference & see it by yourself in future what mentioned in comments & how market will react. In case of deeper clarification & understanding feel free to get in touch. Regards, Ankur
NSE:BANKNIFTY
by AnkurSingh
TATATECH: Potential Bullish Breakout + Inverse Head & ShoulderBullish Analysis of TATA TECHNOLOGIES LTD Key Observations: 1. Pattern Identified: Inverse Head & Shoulders - The inverse head and shoulders pattern suggests a bullish reversal. 2. Resistance Zone: - The stock is approaching a key resistance zone. - A breakout above this zone could signal a strong upward movement. 3. Target Projections: - If the breakout happens, the first target is set at ₹1,263, followed by ₹1,333. 4. Volume: - Recent volume spikes indicate strong buying interest, supporting the potential breakout. 5. RSI: - Currently at 60.91, it indicates strength, but still below the overbought zone, allowing room for upward movement. Conclusion: - Entry Point: A breakout above ₹1,093 can be a bullish signal. - Targets: ₹1,263, ₹1,333. - Risk: Watch for failure to break the resistance zone, which may signal a short-term pullback. Follow us for STOP-LOSS updates. Note: Always consider risk management and market conditions before making investment decisions.
NSE:TATATECHLong
by Pattern_Ninja
Moksh Ornaments LtdMOKSH ornaments Ltd shows a bullish C&H breakout, indicating a strong buying opportunity. This pattern suggests that the stock is set for further gains, with the breakout already confirmed and retested successfully. The volume build-up during the breakout is a positive sign. Moksh faced resistance ~24 level but has broken through, suggesting a move higher. The projected target is ~30 upside of 27% from the current price. For risk management set a stop loss at 19 to protect against any downturns. For me Moksh appears to be a great buy based on the current technical setup, with the 30-target expected to be reached in the next 1 to 3 months, provided the market remains supportive. kindly note that this analysis is only for study n educational purposes. Its not a buy, sell, or hold recommendation. The insights shared are based upon technical chart patterns. Investors Traders are advised to conduct their own thorough research before making any investment trading decisions. Thanks @vijaigautam
NSE:MOKSHLong
by vijaigautam
Castrol India Ltd: Ready for a Bullish Move?Castrol India Ltd is showing strong bullish momentum, currently trading at INR 271.95. The stock is in an uptrend, supported by a positive RSI of 58.73, indicating potential for further gains without being overbought. Key resistance levels are at INR 278 and INR 286.10, with potential returns of 5.11% and 7.29%, respectively. Volume spikes align with price increases, highlighting strong buying interest. Keep an eye on these resistance points as the stock continues its upward trajectory. ****only for educational purpose
NSE:CASTROLINDLong
by indpaisa
2
EMAMI Ltd. (NSE) – Bullish Setup with Cup and Handle FormationStock Analysis: EMAMI Ltd. Price Action Overview: The stock has shown a significant rally after a Change of Character (CHoCH) around the ₹470-500 zone. The current price stands at ₹834, marking a 1.94% gain for the day. The trend has been supported by a strong trendline since June, pushing prices steadily upward. Technical Indicators: Cup and Handle Formation: A classic cup and handle pattern is visible, typically signaling a bullish continuation. The handle appears to be forming above the trendline, further reinforcing the bullish bias. Weak High: The price is approaching the weak high zone near ₹854.45. A break above this level could signal further upside potential. CHoCH: Multiple Change of Character patterns suggest a shift in market sentiment towards the bullish side. A decisive move above ₹854 would likely confirm the continuation of this trend. Volume Analysis : Volume spikes indicate strong buying interest, especially after earnings announcements, which led to upward price movement. Key Levels: Trendline Support: This is a critical level to watch, as a break below it could reverse the current bullish momentum. Conclusion: EMAMI Ltd. continues to be in a bullish trajectory, supported by a solid trendline and a cup and handle formation. Watch for a breakout above ₹854.45 for further confirmation of the uptrend, while keeping an eye on the trendline support for any potential reversals. Disclaimer: This is not financial advice. Always do your own research before making any investment decisions.
NSE:EMAMILTDLong
by rajsharmatt
4
Silver sell onrise given sl hit then fall support strong buy dipDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3-  (T3 : 127.2 %) Target 4-  (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:SILVER1!Long
by JaiPrakashShuklaHarmonicTrader
SUNTECK Approaching A Critical Resistance Zone- Keep In Radar -The stock is testing a six-year-old strong resistance level around ₹600-₹630. This level was previously tested in 2018, 2019, and 2022, and has held firm each time. A successful breakout above this resistance would indicate a significant bullish trend continuation. -The stock has been respecting an upward sloping trendline since 2020, indicating a long-term bullish trend. -Recent sessions have seen a significant increase in trading volume as the stock approaches the resistance level. This increase in volume indicates strong buying interest and adds credibility to a potential breakout. -The Relative Strength Index (RSI) is currently at 60.55. This level is below the overbought threshold of 70, indicating that there is still room for upward movement without the stock being considered overbought. -The stock has formed an ascending triangle pattern over the past several years, characterized by higher lows and a flat resistance line. This pattern is typically bullish, suggesting that buyers are gaining strength.
NSE:SUNTECKLong
by Marketik
Strong Reversal From Lower Trend :- Pattern Continuation - The stock has been trading within an ascending broadening wedge pattern, characterized by higher highs and higher lows. - Recently, the price bounced off the lower trendline support around INR 280, showing bullish strength. - There is a notable increase in volume, supporting the recent price surge, indicating strong buying interest. - The RSI is currently around 48.62, suggesting a potential rise towards the overbought region, supporting further upside momentum. - **Support:** INR 280 (Lower Trendline) - **Resistance:** INR 340 (Upper Trendline) - The stock is expected to continue its upward trajectory within the wedge, potentially testing the upper trendline resistance around INR 340.
NSE:BHELLong
by Marketik
Potential Bullish Reversal With High Volume & Strong Candle ✅The stock has been in a consolidation phase, with price action forming a descending triangle pattern. Recently, the price has shown signs of breaking out from this pattern, indicating a potential bullish reversal. ✅ Immediate support around ₹240, which was a recent consolidation level. Stronger support near ₹220, aligning with the lower trendline and past price action. ✅ There is a noticeable increase in volume accompanying the price move towards the breakout, indicating strong buying interest and supporting the potential bullish reversal. ✅ RSI is trending upwards, indicating increasing bullish momentum without being overbought. The MACD histogram shows increasing bullish momentum, with the MACD line approaching a bullish crossover above the signal line. **Trading Plan:** - **Entry:** Above ₹260 - **Stop Loss:** Below ₹240 - **Targets:** ₹280 (short-term), ₹300 (medium-term)
NSE:INDRAMEDCOLong
by Marketik
XAUUSD 15 min analysis- Buy signal with 1:2 RRI'm recommending a buy for XAU/USD at $2440, with a stop-loss set at $2430 and a take-profit target of $2460 to achieve a 1:2 risk-reward ratio. The 15-minute chart shows a short-term upward trend with solid support at $2440 and resistance around $2450. Volume spikes on upward moves indicate strong buying interest. This trade is supported by the broader bullish trend observed in daily, 4-hour, and 1-hour charts. Keep an eye on economic news and geopolitical events that could impact gold prices.
OANDA:XAUUSDLong
by ritvik88
1
Bullish Outlook for HSCLAll-Time High: HSCL is trading at an all-time high, indicating strong bullish momentum. Retest of 400 Level: The stock successfully retested the 400 level, confirming support. Volume Confirmation: Increased volume suggests strong buying interest. Consolidation and Breakout: The stock has consolidated and broken out, followed by a retest, which is a bullish signal. Price Action Target: Anticipated target range of 500-510, representing a potential 10% increase from the current market price of 463.
NSE:HSCLLong
by ashishmore1047
After Reporting Excellent Results Stock Is Ready For 50% Upside ✅The stock is approaching a 3.6-year-old resistance level within a downward sloping channel. After multiple rejections at this resistance, the recent breakout attempt is supported by a significant increase in volume and a bullish divergence in the RSI, indicating strong buying momentum. If the stock sustains above 225, it could trigger a rally towards 325-350 levels. ✅ Bandhan Bank reported a strong quarterly performance with net profit rising by 25% YoY to ₹807 crore in Q1 FY24, driven by lower provisioning and robust loan growth. The bank’s microfinance segment continues to show resilience, contributing significantly to its overall profitability.
NSE:BANDHANBNKLong
by Marketik