Logic:-RSI positive divergence near trendline support followed by Consolidation breakout Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP. Relatively safer stock to bet as technofundamentals are strong together. Happy trading!
Its following a channel.. currently breaking out and might retest in coming days. DAILY RSI is 70 showing strength / Weekly RSI is 66 ( Showing strength) Monthly RSI 49.12 . Ideally I would want it to be above 50 but this is good and should get over 50 by the end of the month.. Price might jump to previous highs
BPCL breaking a pennant #weekly with good volume and rsi #target 800 + follow ur sl stricly EDUCATIONAL IDEA
The chart is self-explanatory and is shared for educational purposes. HDFCAMC stock is currently experiencing a prolonged consolidation phase, accompanied by high volume breakouts. Additionally, it is trading above the moving averages of 50MA, 150MA, and 200MA. Considering these parameters, it is expected to move in an upward direction.
REC breaking falling wedge with huge volume good q4 results #target 660 EDUCATIONAL IDEA
M&M continuing flag pattern with good volume and rsi trading at ATH q4 stiil to declare #target 2360
IPO base structure Good basing near 21 mA iNVERTED hEAD and shoulder pattern
- Breakout with high volume - Retracement with low volume - RSI taking support at 60 let's see if we can get more than 10% here
Volume off the charts, just compare with previous days volumes Price took support at last resistance, if the price breaks current candle high can give easily 15-20% return. these type stock rarely fall and now it is. NOTE: i do my analysis, do yours before trade.
Good volume build up in daily and weekly time frame. All time high breakout high breakout with good volume, breakout successful wait for retest and conformation for good target. Taking support on 50EMA. NOTE: i do my analysis, do yours before trade.
Good volume build up in daily and weekly timeframe. Close to near its all time high trendline, wait for conformation of breakout with significant volume. NOTE: i do my analysis, do yours before trade.
GMR Airports Cmp 90.75 dated 26-4-2024 1. Triangle Pattern BO @ 92 2. Price Rise with Volumes Buy above 92 target 110 SL 82 it is just a view, please trade at your own risk.
Aegischem is trying to give ATH breakout with cup and handle pattern Stock has risen after a bear trap. A breakout here will open new highs for the stock. Stock has decent fundamentals to support
Realty sector is booming with most of large cap stocks already crossing its ATH levels. Purvankara projects is one of the best trade in realty sector which can give you 2x returns from here. Stock had given volume breakout and has retested its breakout last week. If we see a continuation move from here, big targets can be expected. Please note that realty sector...
HAVELLS breaking f&p pattern on #weekly basis building up good volume #target 1880 EDUCATIONAL IDEA
If you are a pattern breakout trader, you will definitely love this idea! Supriya life science has given a good breakout from inverted head and shoulders pattern and is looking strong for a reversal. Stock can test ATH levels soon and might give bigger targets in future. Stock should give weekly closing above 400 for confirmation. Safe traders must wait for...
Bajaj Twin are waiting for a move while other stocks of the group has given good returns in last few months. Both the finance sector companies are trading a break out zone. Banks and other NBFC's has performed and created new highs. Bajaj Finance A bullish engulfing candle on the monthly charts is showing some trend reversal in the stock and has gained over...
UBL breaking c&h pattern #weekly basis,good volume building up macd crossover done trading at ATH #target 2400 #positional trading EDUCATIONAL IDEA