Volumespike
National aluminium multi pattern trade idea National Aluminium trades within a broader rising wedge pattern, marked by the red lines. A counter-trendline (solid white line) also comes into play, indicating a shorter-term resistance zone. The stock recently broke through one of the dotted hidden lines, but it's still facing resistance from the upper hidden trendline, keeping it just below a key breakout point. The formation of higher lows, highlighted by the yellow circles, signifies strength in price action and building momentum.
Today's volume surge, notably higher than average, adds weight to the bullish sentiment. However, a significant breakout could only be confirmed once the price clears the last hidden line of resistance. Watching closely for this potential move
CASTROLIND
most important is
52week and six-year high breakout with volume rise and very important point is stock is retext & give a good support zone which is already broken resistant zone with h volume .
targets are open on chart but .. respect to SL like me of discipline trader.
share Dividend ₹ 4.50 /share
ex-date 21 march
Castrol India at near six-year high on Q4 profit jump
Company has a good return on equity (ROE) track record: 3 Years ROE 45.9%
holdings :-)))
a) Promoters 51%
b)FIIs & DIIs 27 %
c) Public 22%
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Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
Continuation Pattern Breakout seen in Crude oil Marketing stockHello everyone, i have brought a stock which has given a neat and clean Ascending triangle pattern Breakout with good volume spike stock name is HPCL, before to jump into stock i want to teach you guy's about this pattern so if you see from next time onwards, you can play this.
Q:- What is Ascending Triangle Pattern?
Ans by Rahul:- It is a bullish continuation pattern that occurs in an uptrend and signals that the price of the stock will continue to trend higher on completion of the pattern. This pattern shows that buyers are getting very aggresive and are likely to take prices higher once the price breaks through the pattern.
Q:- How to Trade this Ascending Triangle Pattern?
Ans by Rahul:- First of all you have to wait with patience to see a perfect breakout on chart with good volume spike. Then you have to take entry once breakout confirmed, and the potential target for the pattern is normally calculated by projecting the height of the Ascending triangle at it's thickest point above the breakout point and stop loss will be placed at the swing low which occurs just before the price breaks the resistance on the upside as shown in HPCL chart above. This will give us favorable risk to reward ratio.
So, I hope you now know about this pattern (Ascending Pattern). If you really learned something, don't forget to like this idea, because it will increase my confidence level to provide you guys with this type of learning content as always.
Let's focus on Company Now:-
Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
Market Cap
₹ 84,175 Cr.
Current Price
₹ 396
High / Low
₹ 402 / 159
Stock P/E
8.52
Book Value
₹ 221
Dividend Yield
6.70 %
ROCE
21.3 %
ROE
40.4 %
Face Value
₹ 10.0
Industry PE
11.5
Debt
₹ 66,684 Cr.
EPS
₹ 46.4
Promoter holding
54.9 %
Intrinsic Value
₹ 318
Pledged percentage
0.00 %
EVEBITDA
7.25
Change in Prom Hold
0.00 %
Profit Var 5Yrs
19.1 %
Sales growth 5Years
9.51 %
Return over 5years
17.6 %
Debt to equity
1.42
Net profit
₹ 9,883 Cr.
ROE 5Yr
16.7 %
Profit growth
18.5 %
Earnings yield
9.99 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
KNRCONKNRCON its pattern breakout .
look how to work after breakout then open targets .
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Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
MOTHERSONThis a multi bagger stock . Huge potential.
Multi-year breakout try .. with high volume
Large cap company with moderate risk
my study point
company in India
holdings :-)))
a) Promoters :- 65 %
b) mutual fund :- 13%
c) FIls & DIIs :- 12%
d) Public 10%
Motherson Sumi Q3 Results: Revenue Jumps 25%, Ebitda Up 46% To Highest Ever
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Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
Skipper forming HHs-HLs, and ready to breakout?-From strong sector
-making Higher Highs - Higher Lows (HHs-HLs)
-VCP (contraction in price)
-Volume Spikes
-Long Base
-Bounced from 21 ema
LICHSGFIN- Breakout of Resistance - Done ✓
- Volume Spike break Resistance - Done ✓
-break Consolidation of cup and handle which good move of that depth.
SL always Paid ...
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"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
Breakout in NOCIL1. **Price Movement**:
- The price has been in an uptrend since mid-2020.
- There was a consolidation phase that lasted from mid-2021 to mid-2023, forming a symmetrical triangle or a range-bound pattern.
- Recently, the price has broken out of this consolidation pattern to the upside, which is a bullish signal.
2. **Volume**:
- The volume spikes suggest significant trading activity during certain periods.
- A noticeable increase in volume during the recent breakout, supporting the bullish move.
3. **Trend Lines**:
- Upper and lower trend lines indicate potential resistance and support levels.
- The breakout above the upper trend line is significant, suggesting further potential upside.
4. **Price Target**:
- The price target, marked by a blue box, shows an estimated target around INR 370. This is calculated based on the height of the previous range projected upwards from the breakout point.
5. **RSI Indicator**:
- The RSI is currently around 54.53, indicating a neutral to slightly bullish momentum.
- The divergence in the RSI during the previous highs indicated potential weakness, but the recent breakout suggests renewed strength.
6. **Support and Resistance**:
- Immediate support is around the breakout point near INR 260-270.
- Resistance is expected around the INR 370 target zone.
Hindustan food limited is on breakout with good volume spikeHello everyone, i have brought a stock which has given a breakout of triangle pattern with huge volume spike on weekly chart, there is higher probability that we will see bullish uptrend momentum in this.
Hindustan Foods Limited is an India-based company, which is engaged in contract manufacturing of various FMCG products including food, home care, personal care, beverages etc. They also do manufacturing of leather shoes and accessories.
Technically stock is looking good as it has given breakout of triangle pattern with good volume
Price is above 200-DEMA.
Macd is also giving bullish crossover.
Morgan stanley has taken position on bulk.
Market Cap
₹ 6,397 Cr.
Current Price
₹ 558
High / Low
₹ 630 / 461
Stock P/E
68.8
Book Value
₹ 56.4
Dividend Yield
0.00 %
ROCE
15.4 %
ROE
18.2 %
Face Value
₹ 2.00
Industry PE
40.5
Debt
₹ 730 Cr.
EPS
₹ 8.12
Promoter holding
63.8 %
Intrinsic Value
₹ 256
Pledged percentage
0.00 %
EVEBITDA
30.9
Change in Prom Hold
-1.04 %
Profit Var 5Yrs
50.9 %
Sales growth 5Years
41.1 %
Return over 5years
43.8 %
Debt to equity
1.13
Net profit
₹ 93.0 Cr.
ROE 5Yr
18.2 %
Profit growth
30.8 %
Earnings yield
2.61 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Reliance (RIIL) giant ready to move?RIIL is in pretty good setup
-recovered fast from 4th june big red candle
-signal candle (yellow arrow) >5%+ move with >1M+ vol, suggesting institutions are buying
-after vol low period in setup, vol kicking in
-tightness
Dodla Dairy forming a long base after great results-Posted great results, PAT 108% up YoY
-In long base
-Tightness near breakout zone
-Volumes kicking in
-Recovered fast from 4th june carnage
DYCL, Cup n Handle Despite volatility because of election results, structure still intact.
-Posted good results too
-green vol > red vol
BHARATRAS(weekly breakout )BHARATRAS
sometime later I am share weekly breakout stock for study purpose .
targets are open with my logics on chart please read my chart . if it's not possible . msg me i explain every thing don't vary.
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"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult with your advisor.
ESTER : Breakout Candidate#Ester #breakout #momentumstock #Trendingstock #lowriskhighrewardtrade
ESTER : (1-3 Months)
>> Breakout Candidate
>> Massive Volumes Buildup
>> Trending Stock
>> Momentum Building up
>> Low Risk High Reward Trade
Swing traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
ABCAPITAL(cup& handle)My analysis is large capital company with good returns.
Key piont is Make cup and handle pattern look into chart how was possible to Target reach . Road map create for our target is 230, 300 but .. respect to SL .. LIKE ME .
Company has delivered good profit growth of 47.2% CAGR over last 5 years
Shareholding pattern (%)
As On Dec-23
Promoter 69.0 %
DII 8.4%
FII 10.6 %
Others 12.0 %
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"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏
BGRENERGYKey points:))
1)Multi-year break-out try . With continuously volume rise day by day .
2)Make cup and handle pattern
3) small cap company
4)high risk ..
If the break out like chart pattern wait and entry after retext bcoz stock is high risk
Holding
Promoters :- 75 % but high pledged promoter holding
Fll&DII. :- o.27 %
Retails :- 24.75%
for MORE check in my TradingView ID
If You LIKE MY Idea ......Boost... its "Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
LICI | Weekly Chart | Basing patternChart analysis:
Pattern: Basing pattern is formed. Currently, consolidation is happening near breakout zone.
Breakout: Basing pattern is about to breakout the All Time High (ATH) price after 1.5 years .
Volume: Volume action is clearly visible near breakout zone.
Trade setup:
Entry price: Close of 950.05 price break candle.
Stop loss: Below 866
Target 1: 1310.95
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
GANDHITUBE | Weekly Chart | Rectangle Chart pattern | ATHChart analysis:
Pattern: Rectangle pattern is formed when the consolidation takes place.
Breakout: Rectangle pattern is breakout happened on 24-Jan-2024. Price might comes to 770 for re-test of the BO.
Volume: Spike in volume in BO candle indicating big players are interested.
Trade setup:
Entry price: Between 769.45 and 802.85
Stop loss: Below rectangle pattern i.e., 654.95
Target 1: 957.80
Target 2: 1260.65
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
GAIL | Monthly Chart | 6 years ATH BO | Basing patternChart analysis:
Pattern: Basing pattern is formed and breakout happened in Dec 2023.
Breakout: Basing pattern is broke the All Time High (ATH) price after 6 years.
Volume: Volume spike is there during BO and the volume is above Moving Average.
Target of BO: 223.2
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
ABCAPITAL - Bullish Swing Reversal with VolumesNSE: ABCAPITAL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has reversed at key support area which is indicating demand.
One can look for a 16% to 24% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Has HDFCAMC bottomed out?HDFC AMC has been in continuous downtrend from late 2019.
As we can see on the chart, the stock has recently bounced from a support level with good volumes.
The most interesting observation is a positive divergence in RSI during the bounce which might be an indication that stock has bottomed.
On Friday, good buying with high volumes has been observed with a bullish candle, almost a marubozu.
This stock has an immediate resistance at 1950 so it is better to buy the stock at around 1800-1810 levels for a better risk reward.
Kindly trade as per your own analysis. This idea is shared for educational purposes.
HFCL's Journey: A Visual Exploration with Darvas BoxIntroduction:
Let's dive into the world of NSE:HFCL , a stock on a wild ride for the past 2.5 years. We'll uncover the story and see if there's a chance for a smart trade.
Past Analysis:
HFCL has remained in a range for the past 931 days or 133 weeks, indicating a prolonged consolidation phase.
Current Market Snapshot:
As of now, HFCL is priced at 84.6, a bit away from its 52-week high of 94.65. The recent surge in volume, particularly in the previous month's close, adds an intriguing layer to our analysis. HFCL is approximately 10.61% away from its yearly peak. What does this mean? Stick around to find out!
Darvas Box Unveiled:
Picture a magical box that helps traders pick winning stocks. That's the Darvas Box! We'll break down this strategy and explore why stocks near their yearly highs, like HFCL (10.61% away from its 52-week high), grab our attention. Is something special happening? Let's find out!
Risk Management 101:
It's not all sunshine and rainbows in the stock market. That's where risk management comes in. We'll chat about keeping your investments safe with stop-loss tricks, diversification, and other smart moves. Stay tuned for our tips on handling HFCL.
Conclusion:
In a nutshell, HFCL has a story to tell. We've looked at its history, explored the Darvas Box, and learned how to protect our trades. Exciting times ahead? It's up to you!
Disclaimer:
Before you jump in, remember this is a learning journey, not financial advice. We're here to explore and share knowledge, not predict the future. Do your own research, talk to the experts, and make decisions that fit your financial journey. Happy trading! 🚀
