Kovai Medical: at Long Consolidation BreakoutKovai Medical: at Long Consolidation Breakout with strong momentum supported with volumes from strong support zone in daily timeframe. CMP 5839.
VOLUMEBREAKOUT
flag and pole pattern breakoutStyrenix performance ltd has formed and successfully broke the pattern.
The breakout in the pattern can be seen with rising volumes which indicates strong buyers hold.
Along with short and medium term, long term momentum is also strong according to indicators. Positions could be made with minimum expectation of 1:3 R:R.
Rudrabhishek Enterp Ltd (REPL) Breakout with Huge Volume⚠️Risky Bet.
1. Early Entry above 264. SL 215. A retest of 240 levels is possible. Any signs of retest and reversal are an entry opportunity. Retest Level. 240
Or
2. Wait for a fresh breakout above 282 for an entry. SL Below the breakout candle.
These are my views and my way of doing things. Please do your due diligence and research. Do not jump into a trade with a huge allocation based on Tips.
Reasons to go Long:
✅Huge Volume 4x volume compared to previous
sessions.
✅Wide Range clean candle
✅Broke out of Darvas Box
✅Trading right below a 3-year-old resistance. Hence
the early entry.
✅Technically Good.
❗️Microcap/Small cap company.
❗️Fundamentally Weak.
Lumax Auto Tech - Long Consolidation BreakoutLumax Auto Tech.: at Long Consolidation Breakout. CMP 597. Momentum is strong supported with volumes. Expected levels of 700.
Platinum Ind. at Buy Breakout. CMP 485.Platinum Ind. at Buy Breakout. CMP 485.
Breakout of C&H Pattern. Momentum is stong supported with volumes.
Chemfab Alkalis Ltd. at Buy Support. CMP 1124Chemfab Alkalis Ltd. at Buy Support. CMP 1124.
Breakout above 1183.50 closing basis.
Expected levels of 1466.
Reversal from strong support zone with volumes.
triangle breakout Borosil Renewables has given a breakout through a falling trendline and also triangle.
the breakout is with good volume. we can see short term and long term momentum is good in the stock and buyers interest can be seen rising. With the R:R of 1:3 the trade seems good.
Maharashtra Seamless Ltd looks good Technically.-Trendline breakout with high volume.
-Ideal entry missed
-Now at another important resistance. If broken and sustained then there is scope for further upmove.
-Volume picking up with price movement.
-Dry volume during pull backs.
-Good ROCE
-Good ROE
-Debt-free company.
-Profit growth of 26.3% CAGR over last 5 years
These are the reasons for picking this stock. This is a positional pick. SL is very deep so position size it or adjust the SL as per your trading style/ Risk appetite.
The chart shared is for educational purposes. Please do your due diligence before investing.
all time high breakoutGillette India LTD has broke its all time high with good volume on both daily and weekly timeframe.
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.
Artemismed broke out of base. Long opportunity...
- Good volume
-Trading above key DMAs.
-Group movement in the pharma and healthcare sector.
Safe traders:
Wait for a retest or add 30-50% now and add the rest after the retest. SL 265 closing basis. Deep SL. So position sizing and risk management are imperative.
Risk per trade is Around 18%
RR: 1:1.2
Aggressive traders:
Can try going long above today's high ( 324.5) with SL below today's breakout candle closing basis.
Risk : 11.2%
RR: 1: 2
This is just a view about how to approach this breakout. Breakouts can fail easily in this market. So please consult your financial advisor before investing.
Hold for medium term if you know how to manage the risk. Short-term plays in this market are tricky in my opinion.
DCAL: Symmetrical Triangle Pattern BreakoutDCAL has recently exhibited a noteworthy breakout from a symmetrical triangle pattern on the daily timeframe, accompanied by a corresponding increase in trading volume. The stock price has successfully breached the upper trendline of the symmetrical triangle, a development that is often indicative of bullish momentum. Such a breakout, supported by substantial volume, suggests a likely continuation of upward price movement.
The MACD signal line has crossed above the MACD line, a bullish signal that reinforces the potential for further upward price action. This crossover indicates increasing momentum and buying strength. The RSI is currently reading above 85, suggesting that the stock is in overbought territory. While this may indicate strong buying interest, it is also a signal to monitor for potential overextension in the price movement.
Based on the current technical indicators and chart patterns, a position around the price level of 194 . A stop-loss order is suggested at 180 to manage risk effectively. The target price for this trade is estimated at 223 , providing a favourable risk-reward ratio of approximately 1:2.
Disclaimer: This technical analysis report is provided for informational and educational purposes only. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Individuals should conduct their own thorough research and/or consult with a financial advisor before making any investment decisions.
flag and pole breakoutGUJARAT FLOUROCHEM LTD has given a strong breakout with strong volume. The short term and mid term momentum is also bullish. trade has RR of 1:2 so it is a good trade. The yellow line drawn on the chart is all time high, stock has given a breakout and has sustained above it with strong volume.
OLECTRAOLECTRA - If you look at the history of the stock, there was a downfall from 2022 to March 2023, then the stock gave a breakout and a good move came, a similar pattern has formed
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.
RSYSTEMSRSYSTEMS - Stock is breakout and that too with good volume
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.
SHETR - Clean BREAKOUT with volumesSHETR - Shetron Ltd. has shown a strong breakout after trading within the same channel for a year. The stock’s price action has been quite predictable, and the consistent trading volumes further support this trend.
The company also has solid fundamentals and operates in an intriguing business with noteworthy clients. I anticipate a potential upside in the short to medium term.
However, please conduct your own research before making any investment decisions.
HINDHARD - Breakout with VolumesHINDHARD - Gave a breakout in DAILY timeframe. The stock has been trading in this channel for nearly 2 years and has given a clean breakout with good volume.
The company has very good fundamentals and the price action clearly indicates a positive run in the near future.
Please do your own analysis before making a buy/ sell decisions. This study is purely based on my own understanding and interpretation of the price action.
VIP IND LTD VIP IND LTD
CMP: 563
TARGET 1: 753
TARGET 2: 963
SL : 471
VIEW FOR 8 month to 1 year
partnered with Unicommerce to streamline
Symmetrical Triangle Pattern BreakThe stock has broken a 3 year Symmetrical Triangle Pattern with 4x volumes accumulate between 330-360 for a Target of 625/740.
ABCAPITALABCAPITAL - need to break range move upside
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.
ARIHANTSUPARIHANTSUP - The stock has formed a triangle pattern and 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.
Zee Media Corporation - Triangle Breakout on Monthly Time FrameThe stock is forming a strong triangle breakout on the monthly time frame, with solid support being held at the green trendline, which has served as a foundation for the price action. A second elevated green trendline shows that buying momentum has accelerated recently, indicating stronger demand.
The red line marks a significant counter-trendline, while the white dotted line highlights a hidden resistance, which could offer short-term resistance. However, a breakout above these levels could lead to a powerful move upward.
One of the most notable features of this chart is the cluster of increasing volumes over time, indicating accumulation. These volumes suggest that market participants are stepping in with conviction, and the steady rise in volume reinforces the potential for a continued bullish trend as the stock approaches key resistance levels.
AUBank Technical Signals Pointing to a 12% UpsideThe recent movements in AUBank's stock chart warrant a closer examination.
Following a pronounced downtrend that commenced on January 13, the stock faced considerable challenges in regaining momentum, struggling for a sustained period to close above all relevant daily EMAs). This persistence in bearish sentiment had created a cautious approach among investors, further complicating the stock's recovery efforts.
However, the turning point came on Friday, August 30, when AUBank's shares finally managed to close above all daily moving averages, signaling a potential shift in market sentiment. This breakout was accompanied by a notable trading volume of 24M, suggesting that the upward movement was underpinned by strong investor interest.
Furthermore, this price action filled a previous gap on the chart, which often serves as an important technical indicator of a new bullish phase. Additionally, a downward trendline breakout was also observed during this period, reinforcing the notion that the bears may be losing control.
On the weekly chart, RSI has crossed above the 63 mark, indicating growing strength in the buying pressure. This upward movement in RSI contributes to the bullish narrative, suggesting that the stock may continue its ascent if this momentum is sustained.
In terms of price levels, I anticipate a potential retracement towards the 711 level, where the stock may offer a buying opportunity before it aims for the next resistance target at approximately 813 (12% Return). This anticipated movement aligns with a risk-to-reward ratio of 1:2, highlighting a well-structured approach for traders looking to capitalize on this setup, with support firmly positioned at 678 to manage downside risk.
Disclaimer: The information provided in this stock analysis is for informational and educational purposes only and does not constitute financial advice. Always consult with a qualified financial advisor and conduct your own research before making any investment decisions.
