#KNRCON : Superb Chart Structure >> Range Breakout >> VCP Breakout (Flacg & Pole) >> Breakout (with Volumes) & Retest done >> Decent Volumes & Good Strength in Stock Good Chart Structure for Learning Purpose. Like follow & Share for more such Analysis. Keep Learning & Keep Growing
Good daily close today, VCP type structure breakout + Descending channel breakout + Volume surge + above 50 MA
Possible chart scenario, moving average cluster. structure Invalid below 710 closing basis. long above 756 with SL 735. keep in mind earnings this week. NSE:UPL
One can add 25% position 1787 and if price retrace add more. A classic VCP pattern. hart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling...
NSE:ADANIPORTS Rising Cup & Handle Pattern in Formation on Weekly Chart Wait for Breakout = 945 WCB CMP trading above all major Weekly Exponential Moving Avgs RSI in Bullish Zone Tgt: 1070 - 1160 - 1370 SL : 800 Upside Potential : 40% Time Frame : 3 - 12 Months
It does look like a Volatility contraction pattern (Mark Minerveni's popular pattern) to me. Does it look the same to you? I may be wrong. Hence your comments and suggestions are welcome. Thanks Rohit
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor...
Here I show why I bought some #ROSSELLIND. The stock has been in an uptrend with heavy volumes supporting it. The stock was taking a breather before continuing it's ascent. I found a low risk point to get the entry and the stock immediately shot up. #ROSSELLIND #MARKMINERVINI #LOWRISK #VOLATILITYCONTRACTION #VCP #INDIA #
SUN TV NETWORK : Volatility contracting with every cup formation on the chart. Downward Wedge formation in the last cup with nice price action in last 4 days , looks like this stock is breaking out. Keep Track !!!!!
Ambuja Cements - Clear VCP Pattern at Play Break on upside abv 525 will take the journey till 585 Break on downside below will take the journey till 480 Sl of each other for both the sides Risk reward 1:1 downside or 1:4 upside
Entry: 3085 Stop Loss: 3015 (closing basis) Target : 3425 Notes: VCP pattern formed as base Breakout with good volumes Retested Bo with declining volumes
Stock has formed VCP on chart. VCP - Volatility Contraction Pattern Stock was consolidating in a tight range from few weeks near upper resistance line Good Setup for long position with good risk to reward. Please wait for close above resistance line. Disclaimer: I am not SEBI registered
VCP pattern formation one of the strongest and most accurate patterns
1) Trading near Daily Trendline Resistance. 2) VCP Pattern build-up with Volume contraction. 3) Momentum Indicators near to favoring zone. 4) Breakout above 690-700.
There are two possibilities here : 1. Either the stock will continue the trend but the volume doesn't suggest so. 2. The weak hands will start exiting at current levels as it's a good resistance level. Wait for some retracement to start building the position. Better to buy as close as near the key zone level.
vcp pattern old Chart analysis supply Demand Zones in creating vcp pattern
vcp pattern study price contraction volume contraction stock in stage 2 Uptrend trading above 30wk moving average