GPPL - Range Breakout with VolumesNSE: GPPL is closing with a range breakout bullish candle supported with high 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 been moving along with the trendline support over the past few days which is creating the up trend.
One can look for a 8% to 11% 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
Disclaimer:
This is for educational purposes only.
Volumespike
CAROBORUNIV - Bullish Momentum with VolumesNSE: CARBORUNIV is looking for a breakout with a bullish candle supported with high 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 been moving along with the trendline support over the past few days which is creating the up trend.
One can look for a 9% to 11% 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
Disclaimer:
This is for educational purposes only.
Symmetrical Triangle Breakout in Nesco Symmetrical Triangle Breakout in Nesco Ltd.
Stock has finally given breakout from its symmetrical Triangle pattern in weekly chart.
Previously 625-605 was acting as major resistance, but now stock has managed to close above this zone with good volume. Going forward this should act as a good support if price retraces to its previous levels.
Any price between 625-605 is a good price to enter. Stock has potential to reach 1000+ in coming days. Possible stop loss can be at 545. For further Strong upward movement, price has to close above breakout candle.
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:NESCO
BALAMINES - Bullish Swing Reversal with demandNSE: BALAMINES is looking for a reversal swing supported with high 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 been moving along with the trendline support over the past few days which is creating the uptrend.
One can look for a 9% to 12% 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
Disclaimer:
This is for educational purposes only.
AXISBANK - Range Breakout with VolumesNSE: AXISBANK has broken out from the consolidation range.
Today's volumes and candlestick indicate demand and stock should move to previous swing highs in the coming days.
The stock has been moving along with the trendline support over the past few days which is creating the uptrend.
One can look for a 8% to 12% 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
Disclaimer:
This is for educational purposes only.
Channel Breakout in WockhardtFrom past one year stock was trading in a channel and finally it has managed to close above this channel.
Breakout happened on 19th Aug, today price have closed above breakout candle indicating a strong upside momentum in the stock.
Price level of 270-260 should act as immediate support. All possible targets are marked on the chart. Ideal Stop loss can be at 230.
This is just a view not a recommendation to trade. Do your own analysis before making any investment.
Share your opinion in the comment section.
NSE:WOCKPHARMA
GHCL - Bullish Candle with Volume BreakoutNSE: GHCL has broken out from the consolidation range.
Today's volumes and candlestick indicate demand and stock should move to previous swing highs in the coming days.
The stock has been moving along with the trendline support over the past few days which is creating the uptrend.
One can look for a 7% to 12% 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
Disclaimer:
This is for educational purposes only.
Weekly Cup and handle Breakout in LGBBROS?Cup and handle Breakout in LG Balakrishna & Bros weekly chart.
Stock has given breakout from its cup and handle pattern. For pattern confirmation price has to close above 755 in weekly chart.
730-680 levels should act as strong support if the price is coming for the retest. For further strong up move, price has to close above 775.
All possible targets are marked on the chart. Can maintain strict Stop loss for the trade at 620.
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:LGBBROSLTD
Channel Bo in Exide Industries daily?Channel breakout in Exide Industries
Stock has broken its previous major resistance with significant volume.
Also, we can observe a Inverted Head and shoulder breakout in hourly time frame. For further strong momentum in the stock, price has to close above 174 in daily chart.
Price between 165-170 is a good range to enter the trade. Stop loss can be placed at 149.
This is just a view, not recommendation to trade. Do your own analysis before taking any trade.
NSE:EXIDEIND
Possible Supply Zone Breakout in Anant Raj (W)Finally stock has managed to break above the previous supply zone which was sustained for almost 8 years.
For breakout confirmation stock has to close above 88 with good volume in the weekly chart.
In the hourly chart, the price has given a flag and pole breakout with the first target of 100. SL for the trade can be placed at 77.
All the possible targets are mentioned in the chart.
This is not a trade recommendation, Do your own analysis before investing.
Do share your views on this.
Cup and Handle and Trendline Resistance BreakoutIn BHEL, Today a huge amount of open interest along with Huge Volumes added as long position.
Along with that, Coming to chart patterns, A cup and Handle pattern got completed and broken trendline resistance.
Entry @ 57.45
Stop loss @ 51.6
Target @ 64.2
Consider it for only educational purpose
Flag and pole Breakout in HikalFlag and pole Breakout in Hikal in hourly chart
Supporting to our previous analysis in the day chart (Parallel channel breakout), here we can see flag and pole breakout in 1hr time frame.
which suggests there is a high chance of continuation of uptrend.
To know more refer below link of daily chart
BSE:HIKAL
Parallel Channel Breakout in Hikal LtdParallel Channel Breakout in Hikal Limited
Stock was trading in a channel from past one year.
Now we can see this channel has been broken with good volume and candle.
Stock has a potential to reach 500+ level in coming days.
Ideal stop-loss be at 240.
This is just a view, not a recommendation to trade. do your own analysis before taking any trade.
Share your opinion in the comment section.
NSE:HIKAL
Astra Microwave daily chart analysisStock is at important Supply zone.
For the upside movement stock has to close above 290-300 Level with good candle & Volume.
There is high chance for a retest , if it is coming for retest then 250 level should be strong support. If it break that level then upside movement will be paused for some time.
Stock has a potential to reach 380-400 level, if it close above 290-300 Range.
Keep this stock in watchlist, wait for the proper Breakout to enter. as now it is at important supply zone.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:ASTRAMICRO
All time high breakout in Astramicro Updated View
All time high as wells channel breakout in Astra Microwave Pr in daily chart frame.
Stock broke its important Supply zone with good volume and candle.
For the upside movement stock has to close above 313 Level with good candle & Volume.
There is high chance for a retest , if it is coming for retest then 290 level should be strong support and good chance for re-enter.
Stock has a potential to reach 380-400 level, 268 will SL.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:ASTRAMICRO
15 years Channel breakout in Ruby Mills15 years Channel breakout in Ruby Mills.
Stock has a potential to reach 900 range in coming weeks.
For the further upside movement stock has to close above 587 range in a weekly chart.
Now, 500 range should act as support. 425 will be the ideal SL.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:RUBYMILLS
Multi-year channel breakout in Nava LTDMulti-year channel breakout in Nava LTD.
In weekly chart we can see a clear breakout in Nava ltd.
231 range was the all time High. Recently that level brokered therefore it should turn as immediate support range.
Stock has a potential to reach 400 level in coming days. For that it has to sustain above 250 price level in weekly chart.
195 will the SL.
This is just a view not a recommendation to trade. Do your own analysis before taking any trade.
Share your opinion in the comment section.
NSE:NAVA
Channel breakout in Kirloskar Oil EngiChannel breakout in Kirloskar Oil Engi.
Stock has a potential to reach 200-220 Range.
12 Aug we saw breakout candle with good volume.
For upside movement stock has to close above 180 range .
170 should act as immediate and important support.
Risk averse can keep 160 as SL. Risk taker can keep 149 as SL.
This is just a view not a recommendation to trade. Do your own analysis before taking any trade.
NSE:KIRLOSENG
Acrysil forms a triangle !!Acrysil has been under a resistance zone for 70+ days and has formed a beautiful triangle patternwith support of the 50EMA. High volume cue has
been given and a break above the resistance and the 200EMA provides a possibility for a long trade.
3 targets
T1 should hit in a short span while T3 may take a
few months with pullbacks.
Stop loss below the 50EMA should suffice
Favourable risk to reward ratio.
Keep It Simple