VOLUMEBREAKOUT
Monarch-It might increase your networth ;)Monarch has been in good bull run like other broking stocks.
It has been consolidating since few months and has finally given breakout of descending triangle pattern with good volumes.
Company has been posting amazing results recently which shows good growth.
Keep stock in watchlist. Not a recommendation.
JYOTIRES - Breakout with good volume JYOTIRES - Breakout in daily timeframe observed after one year. The stock has consolidated for a few weeks before a huge-volume breakout.
The company has FANTASTIC fundamentals and great growth potential. There is a good upside in this stock, both in the short-team (catch momentum) and in the long-term (strong growth potential).
Please do your own research before making a buying decision. These are my personal views.
NSE:JETFREIGHT: Bullish Breakout with Significant Volume SupportSummary:
NSE:JETFREIGHT Jet Freight Logistics Ltd NSE:JETFREIGHT has recently exhibited a strong breakout following a period of consolidation, supported by robust trading volume. The company’s fundamentals show a mix of strengths and weaknesses, with notable performance in certain areas, making it an intriguing candidate for short-term trading opportunities.
Fundamentals: NSE:JETFREIGHT
High Shareholder Yield: Indicates strong returns to shareholders
Significant Return Over Last Week: Demonstrates recent positive momentum
Prominent Player: Well-established in the Air Freight & Logistics industry
Low Revenue Valuation Multiple: Suggests the stock may be undervalued compared to its revenue
Weak Gross Profit Margins: A potential concern for long-term profitability
Stock Behavior: Often moves in the opposite direction of the market, indicating unique trading patterns
Technical:
Strong Breakout: Indicates a bullish trend
Little Consolidation: Stock consolidated briefly, suggesting a base is forming
Breaking Out of Box: The stock is breaking out of a defined range, signaling potential further gains
Strong Volume: High trading volume supports the breakout, indicating strong investor interest
NSE:JETFREIGHT
VIJAYA - 3 Months Consolidation Breakout - All Time HighVijaya Diagnostic Centre Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (May, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (1030 - 15.80% from the price 889.30).
4) Recommendation - Strong Buy.
Ashok Leyland - Bullish viewI have entered the marked level for swing trade.
Reasons for buying:
1. Breakout at 1 D time frame.
2. Stock is trading at all time high. These stocks generally perform good after breakout.
3. Breakout in 30 mins with volumes.
Please note that it's not a recommendation to buy. I have posted my analysis for educational purpose. Please do your own analysis before buying. I am not responsible for your profit or loss.
EPL - Swing Trade Analysis - 14th August #stocksEPL (1W TF) - Swing Trade Analysis given on 14th August, 2024
Pattern: CUP & HANDLE BREAKOUT
- Resistance Trendline Breakout - Done ✓
- Volume Buildup at Resistance Trendline - Done ✓
- Pullback Candle with Strong Volumes - Done ✓
- Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
AVANTIFEED - 6.5 Yeas Downtrend Breakout Avanti Feeds Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Downtrend since (November, 2017). Now It has given a Downtrend breakout & Closed with good volume & good bullish momentum candle in weekly Time Frame.
3) The next resistance would be around the price (770 - 25.10% from the price 615.40). Followed by this, The stock may reach it's Previous Life Time High (980) in the long term.
5) Recommendation - Strong Buy
Rossari Biotech-A reversal in yet another chemical sector stock?Rossari Biotech has given a breakout of horizontal resistance of around 890-900 is sustaining above it.
Stock is looking attractive for good reversal and might reach its ATH in medium term if broader markets are supportive. However, there is an immediate resistance near 1000 as well.
As we have seen this week, there are lot of global tensions leading to high market volatility.
Focus on managing your risk and saving your capital.
GHCL : Descending Triangle Pattern Breakout with huge volumesGHCL breaking out from a triangle pattern breakout in a weekly timeframe with a decent buying volumes. It can rise upto the initial triangle pattern target 🎯 of 900.
🔰 I've indicated two scenarios of the stock to reach its target 🎯.
🟢 Range : 620-630
🎯 Target : 700 / 800 / 900
🛑 Stop : below 500 (wcb)
⚠️ Disclaimer : it's not a buy/sell advice, it's only a view on the stock for the educational purposes.
KFINTECH - 3 Months Consolidation Breakout - All Time HighKFin Technologies Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (May, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (990 - 13% from the price 874.70).
4) Recommendation - Strong Buy.
JGCHEM - 4 Months Consolidation Breakout - All Time HighJ.G.Chemicals Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (April, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The stock may find it's next resistance around the price (360 - 22% from the price 294.50).
4) Recommendation - Strong Buy.
IDBI BANK - BREAKOUT WITH HEAVY VOLUMEHi All,
This idea is about IDBI Bank Ltd
Price action has given a strong breakout with very heavy volume which indicates institutional buying. Even the shareholding pattern indicates increase in FII and DII buying with lesser retail participation
Good profit growth of 19% CAGR over last 5 years with a healthy dividend payout of 19%
Increase in Reserves which indicates higher Book Value and fairly valued at 17.8 PE
Other fundamentals
Market Cap
₹ 1,12,062 Cr.
Current Price
₹ 104
High / Low
₹ 107 / 57.8
Stock P/E
17.8
Book Value
₹ 47.5
Dividend Yield
1.44 %
ROCE
6.23 %
ROE
11.8 %
Face Value
₹ 10.0
Equity capital
₹ 10,752 Cr.
No. Eq. Shares
1,075
EPS
₹ 5.85
Promoter holding
94.7 %
Change in Prom Hold
0.00 %
Chg in Prom Hold 3Yr
0.00 %
Pledged percentage
0.00 %
Market Cap to Sales
4.27
Sales growth
15.1 %
PEG Ratio
0.94
EVEBITDA
17.4
Quick ratio
2.23
Trade receivables
₹ 0.00 Cr.
Sales
₹ 26,252 Cr.
Debt to equity
5.77
Price to book value
2.19
Free Cash Flow
₹ -1,448 Cr.
CMP / FCF
783
Happy Investing!
Thanks,
Stock-n-Shine
MACD Crossover Swing Trade - SUZLON📊 Script: SUZLON
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
📈 Script is giving range Breakout with Volume.
⏱️ C.M.P 📑💰- 53
🟢 Target 🎯🏆- 62
⚠️ Stoploss ☠️🚫 - 49
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
KSCL - 3 Years Consolidation / 9 Years Downtrend BreakoutKaveri Seed Company Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (May, 2021) & in a downtrend since (April, 2015). Now It has given a Consolidation and Downtrend breakout & Closed above it's (May, 2021) High with good bullish momentum candle & with huge volume in weekly Time Frame.
3) The next resistance would be it's Life Time High (1075.50) .
5) Recommendation - Strong Buy
Sansera-IHNS breakout coming near ATH!Sansera has been consolidating at its ATH since past few months and has formed a beautiful inverted head and shoulders near the same.
Once 1100 is broken DCB, we will see quick upside in the stock.
Today, Q4 results are going to be announced, hence we might see gap up/gap down tomorrow.
Only risky traders should enter today.