triangle break out with good volume, predicting good bullish move.
Breakout of the resistance level and moving averages indicates an up-move. But it's possible only if the price sustains above the level of 616, then the price could move 3 to 4%. Disclaimer: This is my pre-market analysis and my trading journal. Not a suggestion to buy or sell. Hit the like button!! Show some energy!! Thanks Er. Simranjit Singh Virdi
After forming an uptrend pattern it has given a pullback to form a new higher low of the uptrend and after the pullback it has given a good breakout indicating that this stock is ready for a bullish move.
JK cement @support levels ,can be a good buy with small stoploss .
Detailed View about this Breakout: No.of Resistance: 7 No.of Support: 6 Consolidation Days: 650+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
SHANTI Daily has trendline breakout/inverted head and shoulder breakout with 200 ema support on daily candle. SHANTI looks strong on daily.. ********************************************* This is purely for training and educational purposes. We shall not be responsible for your profit or loss. The stocks discussed or recommended here, may not be suitable for all...
The Marked area's are major support and resistance level for Banknifty Intraday, also called PAM Areas. When price come to these area we can expect either reversal or breakout from the given area's. So planning a good trade will occur only in the marked areas, when price is in middle, we have to wait for the price comes to the marked PAM Areas
Nifty after a gap down opening due to the global cues remained in a narrow range and closed 140 points lower taking support around 19500 levels. On the daily charts, it has formed a doji candle and is still trading below the 20 ema. On the hourly charts, market opened below both the moving averages and tested the 20 ema. It took resistance from the levels and...
The stock is forming lower lows and trades in a fix channel it can give good positional returns
The stock has seen unprecedented volumes which is a good sign and can break the resistance
Last time, we had suggested a possible short covering rally could come in the market if Nifty goes above 19482. That is what we saw on 5th morning, when Nifty opened gap up at 19521... made a low of 19487 and then came the short covering rally. That rally closed the week at 19653 just a tad below 21 day EMA. & there is a big Political NEWS of Israel war...
INOXWIND Daily Chart Technical Data: 1. Breakout of Descending Triangle Pattern 2. Moving Averages Bullish Crossover 3. RSI > 60 Trade Setup: If the price sustains above 200 and in the breakout zone then the price could see the levels of 228 and then 260 Hit the like button!! Show some energy!! Disclaimer: This is my pre market analysis and my trading...
retracement done bounce from 20 ema good volume good breakout candle
BAJFINANCE is giving a 2 year breakout and reaching a ATH level. But while it crossed the resistance, the volumes are not high. Wait to see if the breakout sustains. RSI crossed 70.
CSB Bank previously known as Catholic Syrian Bank Ltd. Analysis - Has major income from retail group and well diversified business in terms of Income. NIM (Net Interest Margin) which is one of the major incomes of Bank is more than 5% not even major banks have this much, very few banks are able to keep it above 5%. If you see last 5-year profit growth is almost...
NSE:CYBERTECH moving towards 250, which gives 50% gains gave breakout on weekly timeframe around 160 cmp is 160 This analysis is being done for educational and knowledge-sharing purposes. This article does not offer any kind of buy or sell advice. All stocks are positional and are held for a short to medium period of time. Everyone is expected to conduct their...
NSE:KCP moving towards 170, which gives 30% gains after that if 170 is broken new highs can be expected gave breakout on weekly timeframe around 130 cmp is 133.90 This analysis is being done for educational and knowledge-sharing purposes. This article does not offer any kind of buy or sell advice. All stocks are positional and are held for a short to medium...
USD/CAD is in uptrend and it generally seems whenever it breaks down on lower side it bounces back with fully powered candles and never turns back once it breaking resistance level