Volumeanalysis
HDFC Bank Trendline BreakoutNSE:HDFCBANK has shown a breakout from its trend line.
There has been an increase in Volumes and also crossing 20-Day avg. volume lately.
Additionally, RSI has also given a breakout from its 55-levels after more than 2 months.
1500-1510 may continue to see some sort of resistance beyond which targets maybe achieved fairly quickly.
STOPLOSS can be considered as the SUPPORT line.
Usha Martin - 3 week Triangle/VCP BO post 9yr BreakoutMoving along with sector.
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.
Siyaram Silk 1.5yr Cup and Flat Handle Breakout setupSuggested by @monkmaxims
Most Textile sector stocks are breaking out of their bases. This is setting up in a flat base for 6 months on good volumes (Monthly chart shows ATH volumes).
Hopefully we'll see a breakout soon.
Moving along with sector.
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.
Automotive Axles 2yr Cup & Handle BreakoutAuto Ancilliary sector is showing good movement. Look out for follow up volumes.
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.
NXT Digital - 3yr Cup and Handle Breakout Abnormal volumes. Something is cooking, Keep an eye. Buy as it cleans out the pin bar on the upside with above avg volumes.
SL: Below Breakout Candle.
TGT: After a 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.
Welspun India 4yr/6yr Rounding Bottom Breakout Shot up on earnings with massive volume. Tested BO zone and closed above last high on Daily and weekly chart.
Sector on the move.
SL: Below Breakout Candle.
TGT: After a 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.
Jay Bharat Maruti / Head and Shoulder Breakout / Darvas Box Exceptional momentum. Didn't even touch the BO level on retracement.
Almost cleaned out the bear bar, took out its high and will hopefully
close above the body of the bear bar.
SL: 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.
EXCEL INDUSTRIES - 2YR H&S / 1YR DARVAS BOX BOEXCELLENT FIND BY @monkmaxims
Agro Chemicals sector is on fire. Most of its stocks are breaking out.
SL: 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.
Bird's-eye view on TATA Motors 🚀In recent years TATA Motors has given a negative return and it is one of the most underperforming stock in the NIFTY.
But after having a long time frame view and recent parallel channel breakout with an immense amount of volume (in Billions) that has never seen before, the stock seems too promising.
So, there is a very good buying opportunity in long and as well as F/O trading perspective.
Major/Longtime resistance - 300
Buying level - current levels or 300+
Targets - 330, 330+
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.
RECLTD | Trendline Breakout & Retracement with Hammer Pattern 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕
--Buy Above = 139.30 or CMP
--Target = 157 | 183
--Stop-loss = 128.30
--R:R = 4.12
--Expected Profit = 31 %
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Longterm Trendline break with volume
2) after breakout retracement is done
3) Hammer pattern formation & now a big momentum is happening
4) Targets are based on resistance levels
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
TVS Motor: AnalysisKeep an eye on TVS Motor it was in parallel range since start of September. Expecting a breakout after a possible retracement. Buying level will be above 471.00.
.
Reason to buy:
1) Moving up with good volume since 3 days. If this momentum continues their will be a breakout soon. Bollinger bands showing good volume as well.
2) Above 200 MA line shows uptrend.
3) Holding Higher levels.
.
Stop-loss must be below the previous immediate swing levels. RR ratio must be calculated and traded accordingly.
United Breweries Limited Head and Shoulders breakoutDip towards 1070-50 long opportunity for 1200 SL 1000 on daily closing basis.
Disclaimer: Calculated and plotted values may vary and change. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing.