stage2 brakeoutone year accumlation seems to be about to complete.emergence vol in past few days sign of demand presence .
ultra high vol and then sustain aboove avg vol signifies entry in stage 2.
Stage2
MARATHON NEXTGEN - Base BreakoutEntry : 249-250
Target: 275/283
SL : 240.5 (closing basis)
Notes:
Stage 2 stock
Formed 9 week base
Breakout form base with good volumes
Retest with lower volumes
Completing round bottom on monthly chart
ZYDUS LIFESCIENCESeducational idea- we expect the stock May go for given target 450/570/680 levels to inspire us,Please like the idea If you agree with the analysis.
NavneetEducation#NavneetEDUCATION
Massive Volume breakout
In Stage 2 as per stage analysis
Retest done candidate
Inside Bar on weekly chart
low volume retest
Good fundamentals growth
Entry on CMP
with SL of 95
Targets: 138/153/165
StarPaperStarpaper (D)
Keep this sector stocks on radar after ban on single use plastic
Volume accumulation is visible on chart
After breaking 175 with volume confirmation of stage 2
Relative Strength in green
Navkarcorp#TechnicalAnalysis Study of #NavkarCorp
Strong Momentum
Recent Breakout with Strong Volumes
Price > 30 WEMA
Entered Stage 2
Retest done
Relatively Stronger than #Nifty
0.5 & 0.618 #Fibonacci Levels of Corrective Leg ~ 118 & 142.
Looks good for medium term
Stage 1 to 2Stage analysis 1 to 2
30 week ma breakout
stage 2 1st base formation
Rising 3 relative strength lines
IT sector in Stage 4STAGE analysis of IT sector.
As you know , every stock cycle has 4 stages
STAGE 1 accumulation
STAGE 2 Uptrend
STAGE 3 Distribution
STAGE 4 Down trend
TCS breakout - Stage 2 Advance TCS confirmed breakout on weekly closing basis.
- Breakout after good consolidation zone.
- Stock in Stage 2 continuation uptrend.
- Giving a good opportunity to add.
Only for educational purpose. Not a recommendation.
