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.
Stocks
Largest Producer of Shrimp feed Stock has given breakoutHello Guy's i hope you all will be doing good in your life and your trading as well, i have brought another stock which has given breakout of triangle pattern and price is sustaining above the breakout zone, stock has given huge volume spike while breakout, it means there is higher probability for upside from here, short term to long term bet can be bet from here. Stock was consolidating in Triangle pattern from long time, finally it has given breakout with huge volume.
Technicals:- MACD AND RSI is showing bullish crossover (I have not put indicators here, but i have done analysis on that)
Price is above 200-DEMA in all major timeframes.
Good spike in volume supporting the breakout
Market Cap
₹ 8,385 Cr.
Current Price
₹ 615
High / Low
₹ 647 / 377
Stock P/E
23.5
Book Value
₹ 174
Dividend Yield
1.02 %
ROCE
21.2 %
ROE
16.0 %
Face Value
₹ 1.00
Industry PE
33.8
Debt
₹ 16.5 Cr.
EPS
₹ 26.2
Promoter holding
43.2 %
Intrinsic Value
₹ 326
Pledged percentage
0.00 %
EVEBITDA
12.9
Change in Prom Hold
-0.03 %
Profit Var 5Yrs
6.55 %
Sales growth 5Years
9.01 %
Return over 5years
11.3 %
Debt to equity
0.01
Net profit
₹ 394 Cr.
ROE 5Yr
16.8 %
Profit growth
33.2 %
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.
Wipro formed Big Bullish candle on Weekly TFIT Sector witnessed strong momentum in last week
Wipro took support around prev week lows & came near 480 level
It may come for retesting levels, track for Bullish pattern with all confirmations
Downside imp support is placed around 450
whereas upside hurde is at 495/495 zone
Learn and P ractice Price Action Setups
Bullish Triangle Pattern Breakout seen in Construction CompanyHello Everyone, i hope you all will be doing good in your trading and your life as well. Today i have brought another stock which has given breakout of Bullish Triangle Pattern with good weekly volume on chart. Stock really have given good move after breakout, but wait for best entry in case stock gives some lower momentum in between (300-325). Aggressive players can take entry from here too and accumulate more if you see lower levels in it.. Stock is good for short term to long term as well. This is kind of invest and forget type stock.
Technicals:-
stock is trading above 200-DEMA.
stock has given bullish crossover in MACD and RSI indicator.
stock has given breakout of Triangle pattern with good volume.
Everything suggesting a bullish momentum in this stock.
NOTE:- I have not put MACD & RSI indicators on chart, but i have done my analysis on these written indicators above.
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 Garware Technical Fibres Ltd...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.
Sanofi India Limited - Breakout Setup, Move is ON...#SANOFI trading above Resistance of 9193
Next Resistance is at 11808
Support is at 7521
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.
Transformers & Rectifiers (India) - Breakout Setup, Move is ON..#TRIL trading above Resistance of 706
Next Resistance is at 846
Support is at 552
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.
Nava Limited - Long Setup, Move is ON...#NAVA trading above Resistance of 431
Next Resistance is at 583
Support is at 277
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.
Transformers & Rectifiers (India) - Breakout Setup, Move is ON..#TRIL trading above Resistance of 552
Next Resistance is at 706
Support is at 426
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.
Ashoka Buildcon Limited - Long Setup, Move is ON...#ASHOKA trading above Resistance of 162
Next Resistance is at 196
Support is at 116
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.
Falling Wedge pattern breakout in DRREDDYDR REDDY LTD
Key highlights: 💡⚡
✅On 1 Day 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 6480+.
✅Can Go Long in this Stock by placing a stop loss below 5725-.
Strides Pharma, Star setup about to breakoutOne Simple Horizontal Line Setup
-Posted great growth results, everything is improving.
-Pharma sector seems strong as it is also near breakout zone.
-That red wick on election results day seems so good, fell with market but cop up fast and took support at 200 ema n come back in good zone again and,
Good shakeout of 100 ema too.
-Yesterday gave squat too (went above horizontal line and close below, taking out weak players)
Overall good setup and a strong stock, buying above previous day high (pdh)
Note: no buy/sell recommendations at all.
Reversal Broadening Wedge pattern in LUPINLUPIN LTD
Key highlights: 💡⚡
📈 On 1 Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Above 1720+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 1900+.
📈 Can Go Long in this stock by placing a stop loss Below 1465-.
CG POWER is again RockingThere is a one more stock Which is showing a great opportunity again, stock is near resistance and ready to blast already moved a little today in 4 hour TF. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Jupiter Wagons Ltd.(EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
Jupiter Wagons Ltd.
Target: RS 635
CMP: RS 602.20
ENTRY RANGE: 595-610
STOP LOSS: RS 525
Disclaimer: I am not Sebi Registered.
Thermax - Breakout Setup, Move is ON...#THERMAX trading above Resistance of 5218
Next Resistance is at 6256
Support is at 4367
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.
Small Rectangle pattern Breakout || Positional Trade in IPCA LABHello Guy's i have brought an idea which can be best positional trade as this stock has given breakout, i have done my analysis on daily time frame, Breakout is sustaining above the previous highs, Stock has made fresh all time high in today's session. Stock is good with good liquidity..
MACD also has given bullish crossover
Price and action suggesting a move at least for 8-10% in short term.
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.