BREAKOUT IN JSFB📌SWING TRADE FOR NEXT WEEK🚀
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📌TRADE ANALYSIS OF -JSFB-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
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📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
VCP
BREAKOUT IN MAPMY INDIA📌SWING TRADE FOR NEXT WEEK🚀
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I am a Swing Trader by Passion i only trade on Momentum Stock's.
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📌TRADE ANALYSIS OF -MAPMY INDIA-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
BREAKOUT IN ZAGGLE 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF ZAGGLE
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
BREAKOUT IN DEEDEV📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
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📌TRADE ANALYSIS OF DEEDEV
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
SUNTECK - EXCELLENT SETUP (MULTIYEAR BREAKOUT)Price Action has gone through multiple contractions since 2019 and is now poised to breakout of a major supply zone. Though Price action has broken the barrier, will still wait for a day to confirm a true breakout
First contraction was close to 72%, followed by 50% during 2023 & finally reduced to 28% before giving a breakout. Squeeze kept getting tighter for each consecutive contraction which is a very positive sign.
Even Volume support seems to be present along with Sectoral Tailwinds behind Real Estate
BREAKOUT IN PTC INDIA 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
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So let's Start
📌TRADE ANALYSIS OF -PTC INDIA-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
JTEKTINDIA - RARE CHART WITH 6 CONTRACTIONS & BREAKOUTHi All,
This idea is about JTEKT India Ltd
Fundamentals
Market Cap - 5661 Cr
Stock PE - 55
ROE - 13.6%
ROCE - 17.3%
Promoter Holding - 75%
MktCap/Sales - 2.5
Quick Ratio - 1.12
D/E - 0.14
Technicals
Rarely it is observed that a stock goes through 6 contractions before going for a breakout from a rising wedge channel. This is a weekly chart & only meant for long term investors.
Each contraction is marked by how much percentage the stock corrected before making a top again. Over 5 years the stock has made multiple High tops and high lows and now attempting to move out of the channel
This chart can be used for education purpose also to understand the dynamics of supply and demand
Happy Trading,
Thanks,
Stock-n-Shine
GEOJITFSL - EXCELLENT SETUP FOR LONG TERM INVESTORSThe pattern is based om Monthly TimeFrame so it is meant only for long term Investors
Made a high on Jan 08 of 131 and then went under a major contraction of 10 Years when it again made a high of 147 in Oct 17. That was the formation of first contraction.
Similarly it went for another contraction of 4 yrs & then eventually of 3 years.
It can give a big upside if it is able to break 147 and pass 150 levels
Another possibility is it can go for another contraction but what makes the present contraction more promising is the spurt in Volume which might take the price action cross the major barrier
So its a case of Wait and Watch
Wockpharma: DTL BO?-if Nifty Pharma breakout from long Parallel Channel (PC), Wockpharma can be one of pharma companies to perform, as it also forming long base and,
Long Base = Long Breakout .
-DTL BO anticipation (Down Trendline Breakout), tested 4 times but didnt fall with volumes.
-Clearly, Green vol > Red vol
-VCP pattern (15W-22/6-3Ts)
-Earnings due on 28th May
Setup is solid lets see how it work out. Cheat entry (Cheat entry are basically early entry in anticipation of BO) can be around 564ish level BO if day starts with Strong Start (gap up without or barely touching previous day low)
But one should wait for confirmation, if it breakout good then it can be confirmation for other stocks too as there are and always will be many opportunities in the market, only one have to seek.
JSFB, a strong name ready to danceA Good Setup:
Jana Small Fin Bank (JSFB) after giving 60% move in just 15 days from first base after IPO, didn't fall much, only 13%.
Instead went contracting between trendlines (TL), suggesting supply is low.
-Forming HTF(high tight flag, when move significantly but didnt fall much and contracts)
-Hovering near 10 ema
-Tight closes with volume contracting
-Green vol > Red vol
- VCP 3W-13/4-3T (meaning in 3 weeks contracting from 13% to 9% to ~4%, these 3 contraction are 3T in notation)
Read if you haven't: Volume Contraction Pattern (VCP), a good concept by sir Mark Minervini (his books are highly recommended)
Waiting patiently for breakout(BO) of trendline(TL) with some vol.
FSN with YoY growth results, ready for Stage 2?FSN posted good YoY results with expanding offline too, this can be super combo: online(e-com) + offline for the future growth for the company.
-right now, setup is in stage 1 but in uptrend so VCP concept can apply
VCP : 20W-30/2-4Ts (Contraction for 20 weeks, contracting from 30% to ~2% n total contraction 4 times)
-check Red Arrows how supply is flushing with every fall (Flushing of supply is imp for stock to blast)
Green Vol > Red Vol
-DTL BO: Down Trendline Breakout (Orange Circles), its forth time stock is testing this TL. N every time go up there with good volume.
-Moving Avg: are pointy upwards (10, 21, 50 emas)
-50 ema MAU&R (Moving Average Undercut n Rally) a GOOD Shakeout, read about it from here: OwlTraders Glossary (cant share link, will comment)
Overall, liking this setup. But one should wait for confirmation of stage 2 too, if stock move good from here n form a base then its a kinda confirmation.
BREAKOUT IN CENTRAL BANK 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -CENTRAL BANK-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
GPPL, waiting for results to perform?Another stock from Shipping n Port family yet to perform after good move by Cochin Shipyard, SCI, Mazagon Dock, GRSE, Adani Ports.
-Green Vol > Red Vol, clearing on falls vol is low compare to up days.
-Good recovery from May start correction.
-Tight closes near Down Trendline Breakout (DTL BO), tested multiple times.
-VCP (Volatility Contraction Pattern by sir Mark Minervini) also playing out: 13W-23/4-3T
Lets see how it perform after results (before results trade can be risky so always waiting for results)
BREAKOUT IN NHPC 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -NHPC-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips