keep this stock in watchlist looks like forming vcp pattern it will fly good if breakout come with extraordinary volumes
Jubilant Ingrevia - 4th Base forming 3T VCP Breakout above 804
Torrent Power - 3T VCP Long above 501 with 472 Stop loss.
Awaiting breakout from the VCP pattern coinciding with the Triangle breakout. I feel this breakout if it happens could be explosive. Lets wait and watch.
VCP Pattern in AVTNPL, Trade with tight sl............................
Happiest Minds is forming a VCP at around it's ATH levels on drying up of volume.. Additionally, we can notice a RSI Bullish divergence. This confluence gives a high probability for a positive BreakOut.
Minervini VCP pattern for long entry with tight SL
A self-explanatory chart, can see a good rally provided the Bank Nifty doesn't correct too much from here.
Bank Nifty Volume Contraction Pattern Subam Sarkar
The stock is forming a week long VCP post its listing. Seen some good volume activity in the later half on Friday.
Gabriel India has given a good breakout, Technically we can see a clear case of breakout after volatility contraction. All the selling pressure seems to be absorbed. Stop Loss 115 1st Target 180 2nd Target 330
BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL GUIDANCE: Selling in...
We can clearly see the volume contraction pattern on the Nandan Denim chart. The stock has broken its flag pattern and can give a good move from now any volume supported upmove can be seen as buying opportunity All the key points mentioned on the chart itself Don't take the full position at once Maybe buy 25% on the initial signal Add another 50% on...
SBI is breaking out after forming base. Daily close above pivot levels of 442 on with volumes will indicate fresh positional buy. Buy SBI on close above 442 for a target of 543 & SL below 414 levesl.
Heranba Industries Ltd had formed good base from IPO lows. VCP / C&H pattern indicates good accumulation by institutional players, & weak hands moving out of stock. Had earlier formed a low cheat entry near 740 levels. Stock is near Pivot point levels of 823 levels. Good move expected on close ab 823 levels on weekly basis. Stock can be a potential Multibagger...
NSE:MAYURUNIQ Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
- Price coming out of VCP contraction range; - Spread value crossing over 50 ma; - Positive Volume Activity during VCP Breakout. - Accumulative volumes during consolidation. - Stock took a breather of 20% after 110% rally.