Grse & Mazdock: Hidden Channels Unveiled! CT Breakouts ahead ? In this video, we dive deep into the strikingly similar price structures of GRSE and Mazdock. Both stocks are navigating a hidden parallel channel, with a recent breakout of a key counter trendline. GRSE is showing trendline support, despite making slightly lower lows, while volumes across both stocks suggest potential for bigger moves. Watch closely as we map out potential pathways for future price action setups. Keep these stocks on your radar and let's revisit after the breakout!
Stockpatterns
National aluminium multi pattern trade idea National Aluminium trades within a broader rising wedge pattern, marked by the red lines. A counter-trendline (solid white line) also comes into play, indicating a shorter-term resistance zone. The stock recently broke through one of the dotted hidden lines, but it's still facing resistance from the upper hidden trendline, keeping it just below a key breakout point. The formation of higher lows, highlighted by the yellow circles, signifies strength in price action and building momentum.
Today's volume surge, notably higher than average, adds weight to the bullish sentiment. However, a significant breakout could only be confirmed once the price clears the last hidden line of resistance. Watching closely for this potential move
Ascending Triangle pattern breakout in HINDPETROHINDUSTAN PETROLIUM LTD
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✅On 1 Day Time Frame Stock Showing Breakout of Ascending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 480+.
✅Can Go Long in this Stock by placing a stop loss below 370-.
Descending Broadening Wedge pattern breakout in GNFCGUJARAT NARMADA VALLEY FERTILISERS & CHEMICALS
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Descending Broadening Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 736+.
✅Can Go Long in this Stock by placing a stop loss below 684-.
Rising Wedge pattern breakout in METROPOLISMETROPOLIS HEALTHCARE LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Rising Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2410+.
✅Can Go Long in this Stock by placing a stop loss below 2034-.
Double Bottom pattern breakout in AUBANKAU SMALL FINANCE BANK LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Double Bottom Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 670+.
✅Can Go Long in this Stock by placing a stop loss below 640-.
Symmetrical Triangle Pattern breakdown in RELIANCERELIANCE INDUSTRIES LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakdown of Symmetrical Triangle Pattern .
✅Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 3064-.
✅Can Go short in this stock by placing a stop loss above 3196+.
Ascending Triangle pattern breakout in NAVINFLUORNAVIN FLUORIN INTERNATIONAL LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Ascending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3885+.
✅Can Go Long in this Stock by placing a stop loss below 3673-.
Parralel channel pattern breakout in MGLMAHANAGAR GAS LTD
Key highlights: 💡⚡
✅On 30 Min Time Frame Stock Showing Breakout of Parallel Channel Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1780+.
✅Can Go Long in this Stock by placing a stop loss below 1711-.
Reversal Bullish Flag pattern in TATACONSUMTATA CONSUMER PRODUCT LTD
Key highlights: 💡⚡
📈 On 1 Hour Time Frame Stock Showing Reversal of Bullish Flag Pattern.
📈 It can give movement upto the Reversal Final target of Above 1148+.
📈 There have chances of breakout of Resistance level too.
📈 Can Go Long in this stock by placing a stop loss Below 1129-.
#NIFTY Intraday Support and Resistance Levels -12/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24360 level and then possible upside rally up to 24480 level in today's session. in case nifty trades below 24310 level then the downside target can go up to the 24190 level.
Rising Wedge Pattern breakdown in HDFCAMCHDFC ASSET MANAGEMENT COMPANY LTD
Key highlights: 💡⚡
✅On 2 Hour Time Frame Stock Showing Breakdown of Rising Wedge Pattern .
✅Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 3654-.
✅Can Go short in this stock by placing a stop loss above 4317+.
Falling Wedge pattern breakout in BALKRISINDBALKRISHNA INDUSTRIES LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3360+.
✅Can Go Long in this Stock by placing a stop loss below 3147-.
Rising wedge pattern breakout in CELLOCELLO WORLD LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Rising Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1210+.
✅Can Go Long in this Stock by placing a stop loss below 906-.
Bullish Flag pattern breakout in PRESISTENTPRESISTENT SYSTEM LTD
Key highlights: 💡⚡
✅On 30 MIN Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 5040+.
✅Can Go Long in this Stock by placing a stop loss below 4482-.
Reversal Broadening Wedge pattern in VOLTASVOLTAS LTD
Key highlights: 💡⚡
📈 On 1 Hour Time Frame Stock Showing Reversal of Broadening Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Above 1595+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 1688+.
📈 Can Go Long in this stock by placing a stop loss Below 1427-.
Head & Shoulder pattern breakout in BSOFTBIRLASOFT (INDIA) LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 677+.
✅Can Go Long in this Stock by placing a stop loss below 602-.
Bullish Flag pattern breakout in DRREDDYDr REDDY LABORATORIES LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 7100+.
✅Can Go Long in this Stock by placing a stop loss below 5880-.