PFC Volatility Contraction BreakoutPFC has given a breakout after consolidation. Volatility had contracted and today PFC has given a breakout above the sloping trendline
Volatilitycontraction
Canara Bank - 7 mth VCPBUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. 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 Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Arman Fin - 8mth VCP BreakoutBUY 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 Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Contraction Near Old Supply ZonesWhenever A Stock Starts Getting Tighter Near An Old Supply Zone , It Can Be A Good Buying Opportunity.
Gati Here Started Getting Tighter Near Its Supply Zone From March 2019 In February 2021. The Contraction Was So Tight That The Stock Moved Only Between The Range Of 94.5 ( High ) & 90 ( Low ) For The Entire Week. I Went Long @ 95, The Stock Made A Big Move of 22% In the Next week and hit another supply zone at 119.4 but never came below my buy price, infact it started getting tighter again and broke through that zone too. The Story has just been repeating itself since then.
Syngene International Volatility Compression Potential BreakoutPositional Trade: Syngene International has been been witnessing successive bouts of compressing volatility since April. With Fibonacci Ratio confirming, it is now on the cusp of coming out of the pressure zone with rising bouts of volatility.
Buy: Syngene Internaitonal
CMP: 588
Target: 620
Stop Loss: 579
Holding period: 1 Month
vcpVCP is clearly visible. Range has contracted on the fag end of correction. Volume contraction is confirming VCP.
Vindhya Telelinks - 1.5yr VCP Breakout SetupHFCL from the same sector has given a good all time high breakout. This won't stay far behind.
Sector on the move.
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 20MA on Hourly chart (on a daily close basis)
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.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
HERITAGE FOODS - 1 YEAR VCP / ASCENDING TRIANGLE BREAKOUTSL: Below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
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.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Sagar Cements consolidating within a VCP patternSagar Cements is making a VCP pattern , with decreasing price volatility as you go from left to right.
There has been some promoter buying seen too in recent quarters, plus the company has performed better in last 2 quarters.
One can consider buying above 753, with a Stop below 696.
Cement sector in India has performed well during recent times, with many stocks like Ultratech, Shree Cements, Ambuja Cements, ACC, Ramco, JK Cement, Heidelberg, hitting their life time highs.
Remember that patterns do fail and therefore you must maintain proper position sizing according to your risk-appetite.
BEPL - Candidate for Powerplay9 week base.
1st test of 50 DMA - chances of holding are high.
pocket pivot.
2T VCP - Volatility contraction pattern
Triangle breakout.
Need to break 160 level for strong upmove
Is it gone blow upward ???Nice VCP pattern.
also a 16 week cup and handle base.
gave a BO of upper trendline (early entry) and little pullback the next day.
Exact entry pivot is above 263.
volume is very quiet.
Price at ATH. so open target.
Perfect VCP setupnice 15 week base with volatility contraction i e VCP. also a triangle pattern.
it broke upper trendline with pocket pivot.
volume shows good accumulation within the base.
good for 15-20% move with SL around 77-76
Technicals couppled with funda....9 weeks flat base.
VCP pattern. volatility contracted followed by BO on strong volume
Fundamental reason is eps growth of 168% in this quarter
strong volume
contraction to expansion !On weekly, Price contracted beautifully and step wise. Volatility contracted which is eventually being followed by expansion.
Great quarterly results.
12 weeks flat base.
symmetrical triangle.
Upper trendline BO with volume.
Volume action in base suggests accumulation.
Good techno-funda pickGood fundamentals.
2T VCP
Volatility contracted
It may contract further around 79 level before BO
Almost on the verge of breakout8 weeks flat base.
3 T VCP : good volatility contraction.
Extreme volume contraction.
434 is 100 WMA so probable resistance.
Target - 420 at least i.e. 200 WMA.
symmetrical triangle - ready to breaka symmetrical triangle formation around 50 DMA. Volatility contracted. Weekly tight closes. Ripened for breakout.
Beauty Breakout 11 week cup and handle. Volatility also contracted and then BO occurred on high volume.
Just look for 200 WMA at 114. may get rejected there.
4 to 8 weeks Breakout + ShakeoutAfter a 122% Move in Last 10 weeks and a 259% move from its 52 Week low. Ester went in to a 4 Week Consolidation which is generally a good sign, Post Breaking out of this Base on 16th September it reversed and came down for 2 Weeks and then came the breakout again on 5th October which was stronger than the first one as the weaker hands were out after the first failed BO. Technically Entry on the first breakout may have resulted in being stopped out but as they say you should never stop watching a stock immediately after being stopped out of it once.
Inside BarInside Weekly Bar Formation - Week A volatility is 10%, Week B Volatility drops to 5.2% and Finally Week C is 3.6%. The stock went tighter in terms of movement meaning there were very limited sellers in the stock. All bars were inside the body of the previous one
Sterlite Technologies: Nice Consolidation, Will it BreakoutPlease check the annotations in the chart. Price has been consolidating and I will be a keen buyer when the breakout happens.
Finolex Cables: Nice, Tight ConsolidationThe stock is in a major uptrend and has been in a corrective phase in the past few weeks. The recent price action over the last few days indicate that selling is drying up and the stage is probably set for an upward spike. I would be interested in this stock if I see the anticipated spike up in price, accompanied by higher volumes.
Am watching the price action closely.
