Amara Raja Batteries LimitedAMARAJABAT:- The stock was downtrend for 2 years now it has reversed downtrend and caught uptrend and gave breakout on weekly chart.
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.
VOLUMEBREAKOUT
TARC BREAKOUT with VOLUMETark has given a breakout with huge volume.
Entry: 48.5
SL: 45
Target: 54.5 or 55
Though perfect stop loss will be below the breakout candle, I won't recommend such a vast stop loss.
This is a small-cap stock. Enter with risk. Make sure you put stop loss.
Happy trading.
I am not sebi registered. Take your own trade.
Rajshree Sugars & Chemicals Limited RAJSREESUG:- breakout of rounding bottom pattern, keep on eye.
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.
Salasar Techno Engineering LimitedSALASAR:- The stock has given a breakout by forming a rounding bottom 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.
Chembond Chemicals Breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since October 2021, NSE:CHEMBOND has given a breakout today. Buy with a stop just below ₹238. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also)
Strengths: -
1. Quarterly sales growth is at 31% and quarterly profit growth is at 62%
2. Debt to equity at 0.02 (less than 1 is good), Interest Coverage at 25.2 (greater than 3 is good), Current Ratio at 3.13 (greater than 1.5 is good)
3. Debtor days have decreased from 111 to 94
4. Promoter holding has increased by 1.21% over the last quarter
5. Company has been maintaining a healthy dividend payout of 69%
6. Stock is trading at 1.20 times its book value
Weaknesses: -
1. The company has delivered a poor sales growth of 3.74% over the past five years
2. Company has a low return on equity of 4.27% over the last 3 years
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
BSL LimitedBSL:- The stock has given a breakout and is back for retesting. Keep an eye on the stock
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.
LTILTI:- Cup and handle pattern has formed watch the stock for 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.
ABCAPITALABCAPITAL:- Stock is forming both double bottom and W pattern on weekly chart and is going to give breakout for 5 years keep watch.
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.
INDIACEMINDIACEM:- The stock has come for retesting by giving breakouts on both the monthly and weekly charts.
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.
IIFLIIFL:- stock has given breakout on weekly chart and retesting also keep watch
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.
CIPLA LTDCipla:- Keep an eye on the stock, it may go back up after retesting.
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.
DIXONDIXON :- Dixon technologies stock is making inverted head and shoulder pattern on weekly chart. Closing above 4600 , can be taken as a good opportunity for taking long side trade .
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
JKCEMENTJKCEMENT:- formed cup and handle pattern
keep on radar
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
VETOVETO:- at weekly strongly breakout with good volumes and also retest
keep on the radar. buy at current level
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.
All time high Breakout in RVNLPrevious Chart pattern analysis also given in the chart. Which shows, patten achieved all its previous target(46).
Currently Stock made fresh breakout, that also its all time high breakout with good volume.
Stock has a potential to reach 60 level.
40-44 Level is good for re-entry.
Stock shouldn't close below 40.
38 will the SL
This is just a view, not a recommendation to trade. Do your own analysis before taking any trade.
NSE:RVNL
Channel Breakout in MCXFrom past few months stock has been trading in a channel. Finally it has broken from its previous resistance with significant volume.
Also, recent quarter results were good. we can expect a good upside move from current levels.
At this price risk reward is not attractive. So, it is better to wait for retest near 1435-1400 levels.
Maintain strict stop loss at 1290.
All possible targets are marked on the chart.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:MCX
DAAWAT (LT FOODS LIMITED) - Double Digit Stock + Volume Breakout📊 Script: DAAWAT (LT FOODS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY MICROCAP 250
📊 Sector: Fast Moving Consumer Goods
📊 Industry: Food Products
Key highlights: 💡⚡
📈 Script is giving breakout of upper band of Bollinger band (BB).
📈 Crossover in MACD .
📈 Double Moving Averages crossover.
📈 It is double digit stock with huge volume then previous trading session that is volume breakout.
📈 Right now RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 98.75
🟢 Target 🎯🏆 - 114
⚠️ Stoploss ☠️🚫 - 91
⚠️ 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!🥂