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VOLUMEBREAKOUT

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.
NSE:ZEEMEDIALong
by Averoy_Apoorv_Analysis
2
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.
NSE:AUBANKLong
by NiftyNotions
Gokul Agro-Volume breakout of ATHGokul agro has tested level of 150 multiple times in last couple of years. Stock has managed to break the level now with heavy volumes. Stock can be accumulated for big returns in future, more than 2x. Stock is available at decent valuations currently. However, stock comes under high risk category so safe investors should stay away. However, such breakouts normally bring explosive move in small cap stocks, given broader markets are supportive. Keep in watchlist for educational purposes.
NSE:GOKULAGROLong
by chartistamey
MOTHERSON -Symmetrical Triangle -Breakout-DailyMOTHERSON -Symmetrical Triangle -Breakout-Daily Motherson chart formed symmetrical triangle pattern. In technical analysis, this pattern is characterized by two converging trendlines, with the price making lower highs and higher lows over time, ultimately forming a triangle shape. This formation often indicates price consolidation before a potential breakout. The upper trendline connects the highs, while the lower trendline connects the higher lows. The breakout appears to have occurred as the price moved above the upper trendline, which is typically seen as a bullish signal, suggesting the potential for a further upward move toward the target of ₹246.01, as indicated on the chart. Additionally, the volume increase during the breakout confirms the strength of this move, which is an essential validation for the symmetrical triangle breakout pattern. Support at 195 which is breakout candle low.
NSE:MOTHERSONLong
by VCharts_TA
A Bullish Breakout Analysis of Alkyl AmineAlkyl Amine stock has recently exhibited a noteworthy price action following a consolidation phase that extended beyond 1,000 days. The stock has successfully retested a pivotal support level and demonstrated a robust bounce, closing above this key level, accompanied by a significant surge in buying volume. This development is indicative of a potential shift in the trend towards a bullish posture. From an Elliott Wave analysis perspective, the stock appears to be in the early stages of a wave pattern. This observation aligns with the bounce occurring at the 61.8% Fibonacci retracement level from the most recent higher high, suggesting a critical change in momentum. Further validating the bullish outlook, momentum indicators such as the RSI and the MACD are showing favourable signals on both the daily and weekly timeframes, reinforcing the likelihood of upward price movement. In terms of potential price levels, the current-demand zone is identified between 2305 and 2349 . Should the stock succeed in closing above the initial resistance level at 2484 , the next resistance levels to monitor would be at 2848 , 3162 , and ultimately 3526 . 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 any investment decisions.
NSE:ALKYLAMINELong
by NiftyNotions
6
RGL Cup and Handle Formation Signals Potential 16% UpsideIn the daily time frame chart of Renaissance Global Ltd (RGL), I have identified a compelling Cup and Handle pattern, which is a bullish continuation formation that suggests potential for upward movement in the stock price. Currently, the stock appears to be in the process of forming the handle, a critical phase where consolidation occurs after the initial cup formation. The handle formation is being supported by the Fibonacci retracement level of 61.8%, which is often viewed as a significant support area following a price correction from a recent HH. This retracement suggests a healthy pullback, providing a solid base for buyers to re-enter and push the stock higher. Over the past few weeks Volume growth during the formation of the handle is a bullish sign, indicating increased interest and participation from traders and investors. MACD on weekly time frame has crossed above the zero line, with the histogram currently reading above 3. This bullish crossover indicates a strengthening momentum, suggesting that the stock may continue its upwards trajectory. Additionally, the RSI for the weekly chart is positioned around 66, inching toward the overbought territory, signaling robust buying pressure, but caution is warranted as the stock approaches these levels. Currently, the stock appears to be in an accumulation zone, with the price fluctuating between 120 and 125. This range may serve as an opportunity for investors to build positions as the underlying fundamentals, supported by technical indicators, with a solid support level is established at 104. The next resistance target is identified at 146 which could result in approximately a 16% return from the current accumulation zone. Disclaimer: The information provided in this stock analysis is for informational and educational purposes only and should not be construed as financial advice. Always seek the advice of a qualified financial advisor or conduct your own research before making any investment decisions.
NSE:RGLLong
by NiftyNotions
TATACOMM WILL IT BREAKOUT OR WILL IT STILL CONSOLIDATE ?Tata Communications Ltd. an interesting chart in consolidation to keep on radar 1. RSI on all time frames (D/W/M) above 60 2. Narrowing Bollinger Bands on Weekly chart 3. Price can breakout of 15 month's long consolidation 4. ABCD pattern under formation on weekly chart WILL IT CONTINUE TO CONSOLIDATE OR WILL IT BREAKOUT LETS SEE HOW IT EVOLVES. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
NSE:TATACOMMLong
by purisonshuf
M&MFIN A BREAKOUT - WILL IT SUSTAIN OR WILL IT FIZZLE OUT ?Mahindra & Mahindra Financial Services Ltd. is an interesting consolidation breakout with following 1. RSI on all time frames (D/W/M) above 60 2. ABCD pattern under formation on Monthly chart 3. Major 20 Week SMA support near 290 4. Breakout of 16 months consolidation between 250-325 zone Will it sustain or will it Fizzle out ? Lets See How it evolves. Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:M&MFINLong
by purisonshuf
SAKSOFT - Horizontal Trendline Breakout🔊 SAKSOFT - Horizontal Trendline Breakout ⌛Duration - Short Term (1 Week to 4 Week) 📊📈 Trade Logic - Horizontal Trendline Breakout with Huge Volume CMP - ₹321.75 Time Frame - Daily 🎯Target 1 : ₹350 🎯Target 2 : ₹360 🎯Target 3 : ₹380 🛑 Stop : ₹300 🏆 Risk/Reward Ratio (1: 2.5) Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
NSE:SAKSOFTLong
by Profit_Trader25