MMTC (1D TF) - Swing Trade Analysis given on 4th July, 2024 Pattern: RECTANGLE BOX BREAKOUT - Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation (for a small SL and a better RR) - Done ✓ * Disclaimer
Hi All, This idea is about Senco Gold Ltd The stock has corrected over 20% in this month alone & now have reached the lower channel of rising wedge formation. Volumes have dried up indicating the supply may have exhausted & Price action might soon reverse from this point Stock can be bought if it gives a closing above 980 for further targets of T1 1010, T2...
Hi All, This idea is extension of existing idea on Natco Pharma which formed Cup and Handle Interestingly the price action has formed a FLAG AND POLE formation with price action getting tighter & tighter with shrinking volume. Flag Breakout may happen anytime soon & till then investor is advised to be patient. Results are also expected & so market might be...
CRISIL on Inverted H&S breakout with good volume. Seems rally may continue ahead
Hi All, This idea is about Hindustan Composites Ltd Certified developer, manufacturer & marketer of Friction Materials in India comprising Brake Lining, Clutch Facing, Disc Brake Pad, Roll Lining, Brake Block, etc. Company is also engaged in the treasury business. Clientele Ashok Leyland, Maharashtra State Road Transport Corporation, Eastern Railway and...
Chart Analysis 1) Market down trend is broken with high green candles 2) Good Volume support 3) Stock taking EMA20 support as well
LICI increasing volume with trendline breakout may start new run from CMP 1053
INDIA CEMENTS (1D TF) - Swing Trade Analysis given on 20th June, 2024 Pattern: FALLING WEDGE BREAKOUT - Weekly Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - Done ✓ * Disclaimer
MAHANAGAR GAS LTD (1W TF) - Swing Trade Analysis given on 30th June, 2024 Pattern: RECTANGLE BOX BREAKOUT - Weekly Resistance Breakout - Done ✓ - Weekly Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress * Disclaimer
I'm not a SEBI registered analyst, Views are personal, not any buy or sell recommendations. Today i found WHIRLPOOL ,which has given breakout in Weekly along with good volumes, Based on volume and current price action movement in the WHIRLPPOL chart, I anticipate a short-term upswing. Please refer to the chart for a detailed analysis.
I'm not a SEBI registered analyst, Views are personal, not any buy or sell recommendations. Today i found RKFORGE ,which has given breakout in Daily along with good volumes, Based on volume and current price action movement in the RKFORGE chart, I anticipate a short-term upswing. Please refer to the chart for a detailed analysis.
Balmer Lawrie & Company Ltd is extremely bullish with rising volume as visible form the chart . The financials of the company are pretty solid as well : 1. Rising PE 2. Increasing sales 3. increasing net profit 4. rising EPS Along with all this the company also gives pretty solid dividend as well. It is the stock to watch out for🚀🚀.
VCP stands Volatility Contraction Pattern by Mark Minervini (One should read his all books) Perfect VCP (15W-39/4-4T), meaning price n volume contracting for 15 weeks from 39% to 4% with 4 contractions(39%, 19%, 15%, 4%)
-EPS Growth, GNPA/NNPA decreasing, NIM Increasing -Testing Resistance forth time, all good PSUBANK stocks setting up. Check Vol
Disclaimer : I'm not a SEBI registered analyst, Views are personal not any BUY or Sell recommendation. I observed that "Mazdock" has broken out on the daily timeframe after a period of consolidation. I anticipate an upward movement in the near future based on the price action and volume today. Targets are Target-1 2820, Target-2 3000, Stop loss levels will be...
Orient Paper setting up perfect Cup n handle for 29th may Results, but breakout(BO) before that as already gave signals -Signal Candle : 5% mov with 8M vol -Check vol dried up in Cup formation then green vol spiked clearly Demand>Supply
Another stock from Shipping n Port family yet to perform after good move by Cochin Shipyard, SCI, Mazagon Dock, GRSE, Adani Ports. -Green Vol > Red Vol, clearing on falls vol is low compare to up days. -Good recovery from May start correction. -Tight closes near Down Trendline Breakout (DTL BO), tested multiple times. -VCP (Volatility Contraction Pattern by sir...
-Volatility Contracting with Green vol > Red vol -Good Shakeout (when goes under major ema and goes up, here 50 ema 2 times) -Tight closes near BO (breakout) Overall I liked the setup, in watchlist for buy above BO