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Name - SBC
Pattern - Volatility Contraction Pattern (VCP)
Timeframe - Daily
Status - Breakout
Volume - Very good volume
Cmp - 35.33
Target - 45
SL - 32
SBC Stock gave breakout on 5th Sep with very good volume.
Currently it looks like retesting the...
Nvidea recently cooled off
Going into a sideways correction
Sales have been hit
But, new product mix and better servers and Cloud solutions in GPU's are coming out
Beautiful rounding bottom breakout and now retest happening. Stock taking support at 10 and 20 EMAs on weekly time frame. Targets are marked.
**Only for educational purpose. It is not a buy or sell recommendation.
#GENESYS is a Classic VCP Example, according to the chart pattern going long is the only option from here, but then again this is stock market, teaches us a new pattern every day.
Summary:
NSE:JETFREIGHT Jet Freight Logistics Ltd NSE:JETFREIGHT has recently exhibited a strong breakout following a period of consolidation, supported by robust trading volume. The company’s fundamentals show a mix of strengths and weaknesses, with notable performance in certain areas, making it an intriguing candidate for short-term trading...
#RUBYMILLS Weekly Chart Analysis 📊
◽️ Volatility Contraction : A tightening of price range has been observed.
◽️ Volume Surge : Recent increase in trading volume suggests growing interest.
◽️ Breakout Potential : Breakout with volume confirmed on both weekly and monthly timeframes.
◽️ Short-Term Target : Potential for a 25-30% move, with a target around...
Jubilant food has been underperforming since few years.
Stock has formed strong positive RSI divergence at confluence of supports.
Above 500, reversal will start and above 600 , reversal will be confirmed.
Valuation wise, not a good stock but RSI divergence stock are known to give quick, big moves.
All positional traders shouldn't miss this stock
Bollinger bands are being used here to identify the scalping opportunities. As the price has rejected from the upper band and broken the low of rejected candle, initiated sell order.
Good volume buildup in daily as well as in weekly timeframe.
All-time high breakout with good volume buildup and highest volume buildup in the last one year.
But the candle has made long wick, wait for conformation or retest at 3400~3200 zone.
The share price moving in a parallel channel trend after the FII stakes has increased.
Fundamental are good.
FII &...
->bajaj holdings conatins bajaj finserv,baja auto ,bajaj finance (results on jan 20 2020)where everything hit all time high
->but bajaj holdings still trading below precovid levels still lacking 25% from precovid level of 3900,
->& results are there on jan 21 ,and bajaj finserv might also get banking license mostly the event is expected by jan15,
->if we look at...
Bombay dyeing is looking strong to give a multiyear breakout.
If breakout is successful, we might see explosive moves in this stock.
Hence, prebreakout entry is always beneficial since we get better risk reward as well.
Medium probable setup and bad technicals of company are red flags which makes this idea more riskier.
Not a recommendation, just a personal opinion.
-In a very long base, last time it breakout long base gave 80% move in just 20 days. (always read history of stock how it move, how to form base, how it react to moving averages, how volumes come etc etc)
-from strong sector (sector is always imp as strong sector's stocks move faster)
-Good shakeout and Fake-out also there means kicking weak players by hunting...
HBL power from strong sector,
-gave signal when gap up with vol n consolidating good there
-DTL BO anticipation (DownTrendline Breakout)
-Volatility Contraction in price
-Tightness
-One Simple Horizontal Line setup
-Setting up well with volume, Signal Candle (more than 5% move with more than 1M vol) suggesting institution buying
-Volumes kicking in
-Tightness
Paras defence is a stock from defence manufacturing sector.
Stock has formed inverted head and shoulders pattern.
Risky traders can enter before breakout for better risk reward.
Stock will fly once the neckline is crossed. Decent stock for long term as defence sector is major beneficiary of India's Make in India program.
