1. Market Trend - Bullish
2. Stock - Under consolidation
3. Price Trading at support
4. Risk is small & reward is way to good
5. Trade set up - Buy at support and sell or book at resistance
6. Every resistance, is your partial profit booking area or bringing SL at Break even
Detailed View about this Breakout:
No.of Resistance: 4
No.of Support: 4
Consolidation Days: 180+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
NSE:FINPIPE formed Hammer and gave rejection on 50 ema and today it gave closing above it with above average volumes.
Entry : 228.25
Target : 250/280
SL : 210
RR : 1.22
NSE:ABCAPITAL formed hammer on support zone and on lower level of parallel channel and gave closing above the hammer candle on Daily TimeFrame.
Entry : 184.55
Target : 192.5/193.6
SL : 175.5
RR : 0.88/1
Description:
📈 WINDLAS: Unleashing the Potential of a Strong Uptrend! 🚀
Get ready to seize an exciting trading opportunity with WINDLAS, a stock that's currently riding a powerful uptrend. Here's why this trade setup is worth your consideration:
Key Points:
📊 Entry Price (in Rupees): Consider entering the trade at Rs 350, positioning yourself for potential...
NSE:HDFCBANK offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.
Positives:
Company with high TTM EPS Growth
Good quarterly growth in the recent results
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in...
NSE:IDFCFIRSTB formed Hammer on on Daily TF taking support on 21 ema. The stock is above 21 ema from past 6 months, and it bounces from 21 ema as it touches it.
Entry : 94.55
Target : 100.25/104.5
SL : 88.85
RR : 1/1.75
📊 Pattern: Parallel Channel
📌 Symbol/Asset: Clean Science & Technology LTD
🔍 Description: Stock is at minor support, best buy region lies near 1315~1320
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a...
📊 Pattern: Rising Wedge
📌 Symbol/Asset: Radico Khaitan
🔍 Description: Stock looks perfect buy near support, stop loss at 1100
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Petronet LNG is an investment stock with amazing dividend yield and a TTM PE ratio of around 10 at CMP of 222.
The chart of stock is quite simple. The stock is consolidating since 2017 but has continuously took support from a trendline which was earlier a resistance.
The stock is currently available at a strong demand zone which is the confluence of it 200 week...
📊 Pattern: Descending Triangle
📌 Symbol/Asset: Tci Express Ltd
🔍 Description: Stock is available at the long term as well as at the pattern's support.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
