Greetings traders! 👋 Today, I'm excited to share my analysis on INDUSTOWER, highlighting a promising positional setup with a breakout supported by volume. Here's what you need to know: 📈 Setup: Positional Breakout With Volume 🔍 Analysis: I've conducted comprehensive analysis across multiple timeframes, confirming the breakout setup. 📊 Indicator Support: Momentum...
Magnum Venture is a venture capital firm that specializes in investing in early-stage technology companies with high-growth potential. The firm provides funding, strategic guidance, and support to help entrepreneurs turn their ideas into successful businesses. To analyze the financial health and performance of Magnum Venture, we can look at several key financial...
One of the Most Prestigious Brand of Country Infosys Ltd a high Value stock to be kept on radar for next two or maximum trading sessions. The stock is near its 52 Week low and at Support level of the Channel it is respecting since April 2022. CMP is 1389.20 and after rising from the demand Zone , it was moving in a range and then declined sharply today....
This scrip is certainly a Cash Cow for the Traders in next few days. Here we see TRENT LTD in completed CUP and HANDLE Format. The Chart has retested the support level at 1286 and crossed above the level 1340.55. First Entry level @ 1340 has already crossed as stock is trading @ 1363.10. However, if it retests the support level @ 1340.55 , one can enter the trend...
NSE:JINDALSAW gives a high volume parallel channel brekeout. Trade: BUY above 105, SL: 103 T: 108/110 SELL below 100, SL: 103, T: 97/95
NSE:JINDALSTEL is in Bullish breakout ready. Overall Steel Shares are showing momemtum. Reasons: Rectangle breakout and sustaining the breakout. Consecutive two days of high volume. RSI based momentum is above 75 and constantly rising. Trade: Buy above 568, SL: 560, T: 572/580 Sell below 540, SL: 550, T: 534/525.
NSE:AMBUJACEM is showing: A Cup and Handle formation with a good volume ready to be breakout RSI is pretty well placed to just enter an overbought region. Good momemtum. Trade: Buy above 582, SL: 575, T: 585/589 Sell below 580, SL: 585, T: 575/571.
NSE:RBLBANK is about to show excellent breakout. Price is crossing the 200 DMA. It is basically a trend reversal as the order will be: Price cut the 200 DMA, then 21 DMA will cut the 200 DMA and then 50 DMA will cut the 200 DMA, uptrend starts. Volume is high. A Bullish Engulfing candle is formed in daily chart engulfing whole 1 week price action. Long...
Logic : W pattern neckline. Consolidation after a steep uptrend, with a bullish engulfing daily candle. Trade : Buy above 1112, SL: 1090. T: 1125/1140
A steep uptrend is seen. After that a nice consolidation with a rounding bottom (saucer pattern) This indicates bullishness. Trade: Buy above 317, SL: 303, T: 330 Sell below 300, SL: 305, T: 288
NSE:PONNIERODE shows a high volume breakout above the Gann Box. Volume is super. After the earnings, the stock was trading higher, was consolidating and now ready to breakout. Trade:
A very interesting chart formation we can see in NSE:PRECWIRE . It was first an ascending wedge/triangle. The breakout happens. Then price retraces and retest the neckline of the wedge. Now the retest completes. Ready to fly. The N symbol (light blue), projection half-circle is shown. Trade : Buy above 103, SL: 97, T: 130.
NSE:FINCABLES is showing pretty bullish momentum. Multiple breakout ready signals Head and Shoulder pattern breakout Rounding Bottom Breakout Long term down trendline breakout Very High volume 10th Nov is result date Buy above 530, SL: 515, Target: 550/575
NSE:ASTERDM chart is showing a bullish breakout pattern consistently. Starting around 243 level, it's actually an Elliot Wave 1-2-3-5-6, every time nice flag and pool pattern is creating. The EW motive pulse is the pool and the EW corrective pulse is the flag consolidation. And it's now in Wave-5, the most prosperous wave of EW. Go LONG with a SL of 243.
This relatively less known stock NSE:GRAVITA is showing some pretty interesting breakout ready pattern. Reasons (Many ways you can view it) A head-and-shoulder pattern formation near-to-breakout Rounding Bottom formation completes since Feb'2022. Closed above a long-term resistance line around 380. Buy above 388, SL: 379.
Granules has created a 9 month long rounding bottom and followed by a nice consolidation. Perfect to take long. At the 9 months long resistance line retesting with moderate volume. The nice perfect rounding bottom is formed. The consolidation looks nice over a week. One can buy on the breakout of 360 with a SL of 340. Target: No idea :)
A very interesting chart formation. Let me explain: There is an outer rounding bottom at the outside (since Jan 2022), followed by rectangle a consolidation. Inside the outer rounding bottom there is another rounding bottom, followed by a rectangle consolidation. After the inner rounding bottom - just note the big green candle. Who knows the same will...