Caplin Point labs - Trendline breakout with volumesExplanation in Chart. Target and SL as shown. Good Risk Reward.
Volumespike
Rain Industries | Breakout | Ready to move upsideThe stock is currently moving in a parallel channel forming a bit of rising wedge on a weekly chart.
The current price trend has been nicely supported by volume trend as well,
The stock has breached the multiple time resistance of 148.30 with higher than average volume indicating a positive signal. And now is moving towards its short term targets of TG1 - 159.35 and TG2 - 177.30, with a long term view at 229.10 .
The past support & resistance trendline depiciting the targets are very much alingned with the Fibonacci retracement to have a stronger conviction.
CMP - 151.90
TG1 - 159.35 (4.9%)
TG2 - 177.30 (16.7%)
Long term Target - 229.10 (50.8%) ; Long term stop loss - 129.45 (-14.78%)
Risk : Reward Ratio --> 1:3.4
The Analysis is done completely based on personal knowledge and to share with others for educational purpose.
It isn't any sort of recommendation. Please consult your financial advisor before any investment related decision.
Tatapower | Descending Triangle Break | Volume surge 🎯⭕ Investment Trading opportunity ! Monthly Chart Alert !!! ⭕
--Buy Above =78.35 or CMP
--Target = 96.60 | 116.80
--Stop-loss = 65.70
--Lot Size = 13,500
--R:R = 3.04
--Expected Profit = 5 lakh + ₹ per lot ( 49% )
--Expected Holding = around 1 year only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) tatapower is the 2nd leading company after powergrid & has given a breakout with volume
2) Descending Triangle Breakout ,50 ema breakout , resistance breakout , Long term trendline breakout
3) fundamental is too good , checked everything correctly
4) Do your research as well & support & resistance is mentioned on the chart
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Update on RUPA & Co. - Trendline Breakout givenUpdate to the earlier post. Breakout given within short period. First TGT of 300 achieved. Another TGT 360.
POSITIONAL SHORT TO MEDIUM TERM TRADE ON VAKRANGEE !!Briefing about my multi-confirmation setup on VAKRANGEE :
1.Wedge pattern breakout : It has broken out of downward pointing wedge pattern and did a last kiss on the upper trend line.
2.Volume spurt : breakout is supported by good volume ,again a sign of building interest in stock.
3.Golden Crossover : 50 DMA crossing over 200 DMA from below , a good bullish signal.
4.RSI : taking support on previous resistance turned support and indicating up move.
5.Fibo 0.5 level : Fibo 50% is crossed and stock trying to sustain it.
Personal view : Bullish
Timeframe used : Daily
Target : T1=55-56 , T2= 70-81
Disclaimer: These are just my personal observations and not trading or investment tips , please do your own research or consult an investment advisor before doing any investment or trading
ALEMBIC Ltd: Trying to break out of consolidation patternALEMBIC Ltd: Trying to break out of consolidation pattern with a spike in volumes. Momentum pick. Levels are plotted on the chart. Please follow the rules. Happy trading folks
“Past performance is the best predictor of success.” – Jim Simons
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
Nestle | Line chart Analysis I Have done A Analysis on line chat today , hope you guys will find it useful for trading
Targets & stop-loss are already mentioned
DON'T forget to check out the related ideas which I have posted down below
FOLLOW & LIKE if works & COMMENT
Bhansali Engineering Polymers (#BEPL): A year & 4 mnth long cupBhansali Engineering Polymers Ltd: A year and 4-month long cup formed and now trying to break out the pattern with a spike in the volumes. Increased buyer participation. If there is pullback at this point wait for it to come back and break the neck for a break out from that level. Entry INR 81 (Closing basis). Stop Loss INR 76.95 Target INR 96 to 115
“Short-term volatility is greatest at turning points and diminishes as a trend becomes established.” - George Soros
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
Vikram Thermo (India) Ltd: A Momentum setupVikram Thermo (India) Ltd: A Momentum Trade. Can enter at INR 109.20 if breaches with volumes. SL at INR 104. High volumes are observed weekly basis. Watchlised for now.
Syngene International Ltd: Momentum tradeSyngene International Ltd: Momentum trade. Volumes raising consistently. Price trending above both long and short term MA's. Levels marked on the chart. For better entry make use of VWAP (applies for shorter TF) Please be mindful of your position sizing and risk management for this trade. Happy trading
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
Marksans Pharma Ltd. Momentum stockMarksans Pharma Ltd is inching up with high momentum with unusual volumes. High Momentum + Unusual volumes killer combination for swing trades.
"What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” - William O’Neil
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
JHS SVENDGAARD - Breakout with VolumesStock has broken out with huge volumes in the past 2 weeks and has doubled. Previously stock has been moving in the marked channel for some time.
Buy above 62 with first target of 80 Rs and SL of 46 Rs
Blue Star: What Does The Volume Spike Mean?Watching this stock with interest. Volume spike yesterday is interesting while the price action was muted. Stock is at fresh highs. Am watching this stock with interest.
