A Very Interesting Pattern in this lesser known share: An all-world-engulfing green candle on the day of Earnings. Very high volume breakout The 50 MA about to crossover 200 DM, a perfect entry. And the result .. it's awesome: PAT doubles (YoY), 4 times (QoQ) EPS doubles (YoY), 4 times (QoQ) Trade : Buy and Hold with a SL of 1610.
Multiple factors playing in HDFC Bank counter: A rectangular consolidation is ready to be breached by the very strong Bullish Engulfing candle formation. The MAs are showing bullish trend with the distance among the MAs are expanding. Good momentum indication. High positive volume, above volume average .. breaking past the last 3 negative volume bars. ...
Rounding Bottom formation with a bullish candle ready to breakout, most likely driven by Q2 earnings. Volume build up is not bad. Trade: Buy above 235.50. SL: 230 T: 241/245
BSE:EXIDEIND is creating a cup and handle pattern breakout. The Q2 result is at 13th Nov. Trade: Buy above 178 with a SL of 167. Target: Open.
A Very Nice Falling Wedge / Descending Triangle pattern breakout ready. See the 350 level, multiple time bottom over long time. Trade: Buy above 365, Target: 390 / 415. SL: 350.
NSE:JINDALPHOT has a nice, copy-book rounding bottom formation. It has the following properties in the chart: A perfect Rounding Bottom formation. A perfect ascending triangle formation. Buy above 420 with a SL to the neckline of the rounding bottom (i.e. 400). Below that the SL can be revised to 394.
NSE:STARPAPER chart patten is similar to the NSE:ANDHRAPAP . Logic: Clear uptrend Rounding bottom formation: Breakout ready Good volume Ascending triangle Buy above 220, SL: 205, Target: 230
NSE:ANDHRAPAP looks lucrative in the chart. Reasons: A rounding bottom patten created over few monts. Good volume. Short term bullish trend Buy above 500, SL: 470, Target: 530.
Cigniti Technology (A Bangalore based AI company) has shown a very promising breakout structure after 10 months of rounding bottom formation. Most likely their recent Q2 results has some spark in it. Reasons: High Volume Rounding bottom formation since Dec'2021 and finally it's breakout ready. Long with SL of 580, target: 640/660. CMP: 620
NSE:CONCOR looks extremely bullish in weekly timeframe. And note: There is a mulling over Govt for the potential disinvestment of CONCOR to reduce Govt shareholding from 55% to 34% and relinquish the management control to strategic buyer(s). Looks like market is factoring that in. There is a 5 years long monthly trendline shown as the green slanted line ...
ASTER DM - ASTER DM Healthcare's subsidiary acquires additional 2% stake in MEDICARE HOSPITAL. SECTOR - HEALTHCARE CATEGORY - SMALLCAP VOLATILITY - MODERATE RISK 52ND WEEK HIGH = 263.15 52ND WEEK LOW = 158.10 PE RATIO = 23.81 SECTOR PE RATIO = 34.89 High conviction call - Based on Technical(Try to buy small quantity between the buying price and stop loss...
Note: Weekly Chart: - Rounding Bottom formation completed with 11 months time horizon (blue arch) - Convincingly above long term (3 yrs) downtrend line. (blue solid line) - Cum. Vol delta is positive and in uptrend for last few weeks (below plot) - In a fresh motive Wave-1 in Elliot Wave since July (purple). With a SL of 1150, one can long. For safe trader can...
Ready to break out for NSE:IIFLWAM Reasons: 1. 6 months long Cup and Handle formation 2. High volume with a very big green candle to clear out the consolidation. 3. Ascending triangle pattern. 1:1.2 RR.
NSE:TATACOMM completed the rounding bottom over last 5 months. Yesterday there was a breakout. Today, with the market, it's re-testing the neckline around 1245. Per the price-prediction over next month, it seems there will be some consolidation throughout next week and there can be a breakout towards 1342 / 1438. SL to be : 1175.
hey guys!! praj industries buy on breakout some qty add more after retest. buy if close above 410. do share for more. hope you like it. keep it simple.
Please do your own analysis before buying any stock. buy after breakout some qty. add more qty on retest. learn and earn. hope you like it. keep it simple.
Redington: 1. There is a fundamental news that Apple decides to pursue the iPhone manufacturing out of India, I think this news came in morning. 2. After that the prices tried to get a clear breakout, but it just closes at the level of 61.8% Fib at 152.75 (the big wick). 3. The current closing is a fews days of consolidation, breaks above 150 level decisively....
A classical Cup=and-Handle pattern is just completed. Volume is not that great, but moderately OK. The current level where it is closed is near a good resistance level. Trend is clearly up. If if breaks about the high of 164, boom. SL : 156. (Target: Honestly I am not getting .. going back to the chart not helping me). Just keep an watch on this .. if it goes...