Shipping Corporation Of India Ltd - Long Setup, Move is ON...#SCI trading above Resistance of 199
Next Resistance is at 268
Support is at 150
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Stocks
Cochin Shipyard - Breakout Setup, Move is ON...#COCHINSHIP trading above Resistance of 1370
Next Resistance is at 2046
Support is at 930
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ge T&d India Limited - Breakout Setup, Move is ON...#GET_D trading above Resistance of 1148
Next Resistance is at 1564
Support is at 731
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Zen Technologies Limited - Long Setup, Move is ON...#ZENTEC trading above Resistance of 837
Next Resistance is at 1072
Support is at 630
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kirloskar Brothers Limited - Breakout Setup, Move is ON...#KIRLOSBROS trading above Resistance of 1586
Next Resistance is at 2039
Support is at 1152
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
KEC International- Long Setup, Move is ON...#KEC trading above Resistance of 622
Next Resistance is at 911
Support is at 443
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Mazagon Dock Shipbuilders - Breakout Setup, Move is ON...#MAZDOCK trading above Resistance of 2955
Next Resistance is at 3619
Support is at 1986
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This sugar stock is ready to give 57% swing from current levelsHello Everyone. i hope you all will be doing good in your trading and your life as well. I have brought a stock which is under 50 rs. and have potential to give double digit returns in few days. Stock just have given breakout of falling resistance trendline. There is higher probability we can see this stock above 50+ in coming days.
MACD is giving bullish crossover
price is above 200-DEMA
huge volume spike seen on breakout day
All this indicating a good reversal in stock.
Technically stock is looking good but fundamentally still not stable, so my recommendation will be only for short term.
Please follow strict stop loss and target it this.
go with less qty for better result.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Bajaj Auto Ltd - Breakout Setup, Move is ON...#BAJAJ_AUTO trading above Resistance of 8903
Next Resistance is at 9877
Support is at 7736
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Exide Industries Ltd - Breakout Setup, Move is ON...#EXIDEIND trading above Resistance of 415
Next Resistance is at 527
Support is at 304
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Supreme Industries Ltd - Long Setup, Move is ON...#SUPREMEIND trading above Resistance of 3880
Next Resistance is at 5802
Support is at 2693
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Elecon Engineering Company - Long Setup, Move is ON...#ELECON trading above Resistance of 987
Next Resistance is at 1189
Support is at 767
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ganesh Housing Corporation - Long Setup, Move is ON...#GANESHHOUC trading above Resistance of 748
Next Resistance is at 963
Support is at 542
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Capacite Infra, another good Infra stock-Posted good results
-Why i am liking this setup so much is : Its rejection from 200 ema(yellow line), that means its staying very little in Stage 4, means strong buying by Institutions (Lots of white dots : 5% move with 1M vol)
-Recovered fast from 4th June (election result day) bloodbath, again strong stock sign.
-in Tightness phase (volume drying), needed consolidation as already moved 25-30% from 200 ema
-21 ema slope up
Gravita India - Long Setup, Move is ON...#GRAVITA trading above Resistance of 959
Next Resistance is at 1157
Support is at 761
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Dabur India has given Breakout of Bullish Triangle PatternHello Everyone,
I hope you all will be doing good in your trading and your life as well, i have a stock which has given a bullish triangle pattern breakout on weekly timeframe. Stock name is Dabur India and it is one of the leading fast moving consumer goods (FMCG) players dealing in consumer care and food products. Dabur India Limited is the fourth largest FMCG Company in India and the world’s largest Ayurvedic and Natural Health Care Company with a portfolio of over 250 Herbal/Ayurvedic products.
Market Cap
₹ 1,09,930 Cr.
Current Price
₹ 620
High / Low
₹ 634 / 489
Stock P/E
60.7
Book Value
₹ 55.7
Dividend Yield
0.84 %
ROCE
22.3 %
ROE
19.2 %
Face Value
₹ 1.00
Industry PE
44.5
Debt
₹ 1,365 Cr.
EPS
₹ 10.4
Promoter holding
66.2 %
Intrinsic Value
₹ 145
Pledged percentage
0.00 %
EVEBITDA
38.4
Change in Prom Hold
0.01 %
Profit Var 5Yrs
3.89 %
Sales growth 5Years
7.81 %
Return over 5years
8.67 %
Debt to equity
0.14
Net profit
₹ 1,811 Cr.
ROE 5Yr
21.6 %
Profit growth
7.26 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Breakout in Heritage Foods Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Large Rectangle Breakout Seen in BPCL Ltd.Hello Everyone, i hope you all will be doing good. I have found a Good Trade which just have retested the levels after giving successful breakout on chart, And today i am gonna to teach you about this pattern so if you see this pattern next time, you all will be able to trade accordingly.
Q:- What is Rectangle Pattern and How to Use Rectangle Chart Patterns to Trade Breakouts?
Rahul:-
A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels.
A rectangle exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated.
The price will “test” the support and resistance levels several times before eventually breaking out.
From there, the price could trend in the direction of the breakout, whether it is to the upside or downside.
we can clearly see above in BPCL chart that the pair was bounded by two key price levels which are parallel to one another.
So, Traders, i hope you Guy's have learned today how to Trade Rectangle Pattern, but guy's We just have to wait until one of these levels breaks and go along for the ride!
Remember, when you spot a rectangle: THINK OUTSIDE THE BOX! That's it.
ABOUT:-
Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products.
Market Cap
₹ 1,30,112 Cr.
Current Price
₹ 600
High / Low
₹ 688 / 331
Stock P/E
4.81
Book Value
₹ 349
Dividend Yield
3.50 %
ROCE
32.1 %
ROE
41.9 %
Face Value
₹ 10.0
Industry PE
7.78
Debt
₹ 54,599 Cr.
EPS
₹ 124
Promoter holding
53.0 %
Intrinsic Value
₹ 837
Pledged percentage
0.00 %
EVEBITDA
3.77
Change in Prom Hold
0.00 %
Profit Var 5Yrs
28.2 %
Sales growth 5Years
8.48 %
Return over 5years
9.16 %
Debt to equity
0.72
Net profit
₹ 26,859 Cr.
ROE 5Yr
23.0 %
Profit growth
709 %
Important levels for BPCL Ltd.
Buy in between 605-585 ( Accumulate more if get lower levels till 550-530)
Targets we can see 808/1008/1290++
Keep Stop loss at 471
Price is above 200 EMA
We have seen Proper Breakout of Large Rectangle Pattern in weekly timeframe.
with Good Volume
Price is sustaining above breakout trendline and it has given pull back to retest the levels
MACD and RSI has given bullish crossover (I have not placed RSI here as i want to keep chart neat and clean but i have analysed already)
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Breakout in Greenply Industries Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Garware Technical Fibres Ltd - Breakout Setup, Move is ON...#GARFIBRES trading above Resistance of 4030
Next Resistance is at 5003
Support is at 3177
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.