IDFC chart analysis for swing trade (15 min) Entry & exits are given on chart. only for learning, trade at your own risk.
📈consolidation on predefined horizontal boundaries & very strong chart even index was on sell mode. 💡Holding the trade before BO with gud setup always give u comfort. mega-breakout on the way
HomeFirst is exhibiting volatility contraction near 50MA after its run up post the IPO base breakout.
vcp pattern study price contraction volume contraction stock in stage 2 Uptrend trading above 30wk moving average
Stock is moving out of a tight range on daily towards listing day high. High RR trade if works I’m favour Took a position @881 with a 3% stop.
Steel exchange is consolidating with MM's VCP pattern. Near term target 300.
TVSELECT setting up again after a failed breakout of VCP pattern. It has reset its base and now has formed 2 inside bars,now ripe for a upmove.
KamatHotel forming a VCP pattern, look ready for new highs on breakout above 65 Tightness of last 3 days are providing a good entry point for a probable 20-25% upmove.
Bought HAL @ 1406 with a 5% stop,coming out a tight consolidation. Its peer BDL was in strong momentum and hit a new 52w high too.
Monarch buy #vcp pattern breakout buy with given levels
Binny long but its risky now #vcp Cup and handle breack out. its risk now too far from pivot
Linde india long #vcp cup with handle daily and weekly we can see big move up
blue star long wait for pull back buy and keep 10 % sl
Power india #vcp Long as give leves pattern cup with handle
Steelxind #vcp PowerPlay buy as pre levels building nice base very tight at right size
Analysis Points : - - 76 Weeks of Consolidation - VCP Formation - Near Trendline Breakout - Fibonacci Extension near to its Previous All time high (1st Target) - Daily chart outperforming Nifty by 3% in previous week this show relative outperformance of instrument vs Nifty. Note - This view is not for short term trading purpose this is rather positional...
Around 20 days of consolidation and VCP Not making any new higher highs or lower lows recently A perfect setup for breakout A pharma giant may set the tone for rest of big pharma stocks too maybe
MIRAZANT BUY with given levels vcp (power play ) low cheat breakout