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Volumepriceanalysis

MazdockDisclaimer : 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 determined by your entry so plan accordingly, For more analysis please refer to the chart. Note : I will enter after a pullback because I noticed the breakout a bit late.
NSE:MAZDOCKLong
by SREEHARI123
GPPL, waiting for results to perform?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 Mark Minervini) also playing out: 13W-23/4-3T Lets see how it perform after results (before results trade can be risky so always waiting for results)
NSE:GPPL
by takmanish007
India Tourism Dev: Uptrend Beckons After Multi-Year BreakoutAnalysis: The provided chart of India Tourism Dev (ITDC) on TradingView depicts a promising breakout opportunity. Let's delve into the details: Current Price: ₹838.90, significantly above the multi-year resistance level of ₹715.00 marked by the blue line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume, signifies a potential trend reversal from resistance to support. Uptrend Momentum: The sustained price increase after the breakout indicates continued buying pressure, suggesting further upside potential. Trading Strategies: Aggressive: Enter long if the price closes and sustains above the current level (₹838.90) with persistent buying volume. Implement a stop-loss order below the breakout level (₹715.00) to manage risk. Potential target prices could be ₹880 and ₹920 based on chart patterns and Fibonacci extensions. Conservative: Wait for a potential pullback towards the breakout level (₹715.00) or within the previous consolidation zone (₹600-₹715.00). Enter long if the price finds support at the pullback zone and exhibits bullish reversal signs (e.g., hammer candlestick pattern). Utilize a stop-loss order below the pullback low for effective risk management. Additional Considerations: While technical analysis is insightful, remember that the stock market remains inherently volatile. Conduct thorough fundamental research to assess ITDC's financial health, industry outlook, and future prospects before making investment decisions. Implement prudent risk management through stop-loss orders and appropriate position sizing. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
NSE:ITDCLong
by TRADING-NASA
Volume based breakout of the IPO pricesFor an upside potential target of Rs1000, this can be a good pick. Let's look at the important factors: Pros: 1. Big green size weekly candle with a rejection at the bottom. 2. Expansion of the price volatility from the narrow range moving averages area. 3. Volume: Spurge in volume. Breakout week's volume is greater than 2x of average volumes 4. Strong movement in the small-cap and midcap indices. Cons: 1. All time high of the stock could be a small friction zone. Disclaimer: Kindly note that this is not a recommendation but only a study for educational purpose. Consult your financial advisor before investing.
NSE:SANSERALong
by NandanChaturvediTrade