RAMCO SYSTEM SET FOR BIG RUNRamco system today gave ascending triangle breakout on weekly charts. Stock gave 52 week high closing with good volume. Expected to test 700 at least in medium term and break all time high in next 12 month.
Volumeanalysis
HCLTECHHCLTECH :- Keep an eye on the stock, the stock has given a breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HDFC Life Swing+positional Breakout Retest EMA supportHello Everyone,
HDFC life spot rate 688-90 taking suport of tredline breakout retest also EMA200. RSI is around 35 volume also support for bulls with fibbo reatrce 38% so good swing+positional long set up formed buy on dips setup in hdfc life.
Reversal for Descending Parallel Channel in Castor OilNSE:CASTROLIND A Reversal from support is seen from the 188-189 level with good vol in a daily candle. The initial target is @ 240 with SL of Swinglow
COROMANDELCOROMANDEL :- The stock has given a breakout with a strong candle and has also formed a cup and handle pattern
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
CCLCCL showing very good strength in recent session. and now its trading above resistance zone. Today's volume also very decent. Probability of new run is quite high. Taken support near 20 MA and again gone up. Keep it on radar.
All time high breakout Sharda cropchem has given breakout of it's all time high with good volume and has sustained it successfully. Short term and mid term momentum is also good in the stock indicating strength in the trend.
Will Paytm rise to the past glory?After hitting a rock bottom the stock started reversing and is in an uptrend ever since. Watch for long opportunities.
This is a medium-term long-term bet. SL is very deep. So do not bet big, can try pyramiding in this counter trailing your SL.
🟢In an uptrend after hitting rock bottom.
🟢Broke a potential barrier.
🟢Trading above key DMAs
🔴Uncertanity in fundamentals.
🔴Bearish sentiments in the market.
Swing Trading Idea :: 02The daily chart forms a cup and handle pattern. The stock has recently made a higher high with volume buildup, a significant technical milestone, This indicates the potential for sustained upward momentum, especially as volume supported the breakout.
The stock could face psychological resistance around INR 2000. If momentum continues and the stock decisively breaks above INR 2000, a further target could be set around historical levels.
For a stop-loss level, consider placing it slightly below the retest level.
These levels can be adjusted based on risk tolerance and evolving market conditions.
Disclaimer: The information and publications are not meant to be, and do not constitute financial, investment, trading, or any other types of advice or recommendations.
Symmetrical Triangle Setup With Consolidation about to BlastNSE:INDIGOPNTS on the Weekly timeframe is making a Symmetrical Triangle setup that can break on the upside because the price has been consolidated for the past 14 weeks in a Narrow Range after Getting Accumulated Near the Key Zone, Followed By a Volume Blast.
A Close or Breakout of the Setup Next Week will be confirmed if Followed by Similar Volumes.
Keep this on your Watchlist. Meanwhile, Check out my other stock ideas below until this trade gets activated. I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
BEDMUTHA - Triangle BreakoutPrice consolidate since January 2024 and today it breakout with good volume. Please look into this stock and wait for good close at end of the day.
Disclaimer: Looks like circuit stock so
Banknifty analysis Banknifty bounced from important swing support near 50200 after
a big fall from high of 54467 . Thereby given nearly a fall of 4000+ points
Now POC at 51350 will act as support.
on upside immediate resistance is 52370
and than golden fib level 52846 which also has gap area to fill
Expecting banknifty to move towards 52300 and than gap area.
Disclaimer : I am not SEBI registed
1 Breakout and 1 Support trade idea for 14 October Markets I make educational content videos for swing / positional trading
Nifty in bear attack.. where is the bottom ?Nifty made all time high near 26277 and from there corrective wave (a) is in progress..
yesterday close at 24819 near golden fib ratio 0.618
Upside resistance 25225.. above this level only bulls will have stregnth.
Bulls need to defend POC (power of control) at 24290 & 24090 .. act as support levels
MACD still negative indicating sell on rise mode.
Disclaimer : I am not SEBI registered.
Grse & Mazdock: Hidden Channels Unveiled! CT Breakouts ahead ? In this video, we dive deep into the strikingly similar price structures of GRSE and Mazdock. Both stocks are navigating a hidden parallel channel, with a recent breakout of a key counter trendline. GRSE is showing trendline support, despite making slightly lower lows, while volumes across both stocks suggest potential for bigger moves. Watch closely as we map out potential pathways for future price action setups. Keep these stocks on your radar and let's revisit after the breakout!
Morepen Lab - Bullish Flag and Fibonacci RetracementMorepen Lab has formed a bullish flag pattern, and today it has successfully broken out.
The price has retested the Fibonacci level at 38, where it formed a bullish piercing pattern, signaling potential upside momentum.
Price take support of 50 period EMA.
Additionally, this level coincides with a significant demand zone on the chart, suggesting strong buying interest. Keep an eye on this stock for further upward movement
800 Day Symmetrical Triangle Pattern BreakoutI daily make educational content video for swing / positional trading
JKPAPER#JKPAPER
Bounced from the Supply turned demand zone.
Volume is looking good.
Relative strength turned positive
Expecting a good return in the next few weeks.
Stop loss below the swing low or low of the last candle i.e. 444.75
DLF... 25% upside potentialDLF has come out of 7 months of consolidation and has broken the resistance trendline.
A decent upmove of about 25% is expected over the next 2 to 3 months.
Stoploss below the trendline.
Volume Spurt and Crossing Key Levels in Parallel ChannelNSE:WESTLIFE is Crossing Major Key Levels on a Daily Time Frame in a Parallel Channel with a Volume Spurt Today. A close above 960 will take it to 1025 Levels. Keep a Watch.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Amara Raja ( ARE_M) - A Low Volume Pullback till 21 WEMAA MEDIUM TO LONG TERM BET.
Important levels to watch here. Pullback till 21 EMA on weekly basis. Closing around here would mean that supply getting absorbed & this should be ready for its upward journey.
- BESS Theme
- Sector has huge tailwind.
- Government & private capex both playing a huge role.
