NTPC F&PBREAKOUT WCBNTPC breaking f&p pattern
weekly basis with good volume
strong rsi,macd crossover
target1 455 target2 525
my sl 365
EDUCATINAL IDEA
Volume
Thyrocare Technologies in Buying Zone with Strong Sales GrowthNSE:THYROCARE Thyrocare Technologies has shown a strong breakout after a long period of consolidation, supported by robust sales growth and consistent profitability. The stock is in a buying zone with strong volume, presenting a promising opportunity for investors.
Fundamentals:
Strong sales growth
Good dividend player
Consistent profitable growth
Technical:
Strong volume peak after consolidation, indicating potential buying interest
Stock is in a buying zone
May retest, so consider buying in small lots
Good liquidity
ASIANPAINT RANGE BREAKOUT WCBAsianpaint coming out of range
weekly basis with good volume
strong rsi,long term investor can also enter
after breaking 3100 #target3550-3600
sl can be 2800
EDUCATIONAL IDEA
Inverted H&S pattern | Trend Reversal in CampusCampus has successfully made inverted H&S pattern after a huge downward rally. Trend Reversal has started and it has shown a price level breakout above neckline. It can further continue bull run for next few weeks.
Consolidation breakout is on the cards!Vguard has been consolidating from 2018 in a rising wedge pattern.
Today, the stock has given a breakout of its ATH and is currently looking bullish.
However, the best entry for the stock is 255-260 with a SL of below 235 DCB for minimum target of 300.
The stock can give multibagger after a upward breakout of the pattern.
Idea is shared for educational purposes and should not be considered as a recommendation.
ASHOKLEYLAND RANGE BREAKOUTAshokleyland breaking a range box
with good volume building up
strong rsi macd crossover
#target 280
EDUCATIONAL IDEA
TATAMOTORS F&P BREAKOUT WCBTataMotors breaking f&p pattern
on weekly basis with good volume
RSI strong trading above 20 ema
#target can be 1400+
EDUCATIONAL IDEA
MMTC- Technically visible U-turnMMTC is a company which has one of the worst fundamentals among all PSUs
News of company being scrapped were in market couple of months ago.
Only investors with high risk appetite and disposable money should be interested in this stock.
Technically, a monthly closing above 70 will be confirmation for huge breakout. Previous attempt failed but now we have only 3 sessions so worth the risk for big targets.
Good volumes are seen in past 6 months which means something big is cooking, either upside or downside. Be prepared for both if interested to invest.
If breakout is genuine, definitely huge upside potential as ATH is above 1000 which is more than 15x of CMP .
EURCAD Potential Reversal from Key Resistance LevelsThe EURCAD pair is approaching a significant resistance zone at 1.50000, indicating potential for a reversal. Key areas of liquidity have been highlighted, and a possible volume imbalance suggests a downward movement towards the 1.47000 level. Keep an eye on the price action for potential sell opportunities.
Epigral-DO NOT MISS!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!
Sonata Software - Breakout Strategy with volumes !!!Sonata Software has given a breakout of the price range with huge volumes. We can see price moving towards ATH. Other factors:
1. Tech sector is moving upwards
2. RSI is above 60 showing bullishness
3. MACD is positive
4. Fundamentally stock is great
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!!
PVR INOX - Rising from the sleep!PVR has been running sideways for months after declining for a long time.
PVR is making a W pattern during its sideways run and accumulation phase.
Now, PVR is showing good bump in price along with rise in volumes. This sounds like a promising situation.
First target is 1450 which is also a point that will give a breakout from it's consolidation zone.
CMP: 1397
Breakout Point: 1450
SL:1350, revise it to 1445 when price crosses 1500.
Target: 1590 and beyond.
Stock can be bought at its breakout level. But investor has patience for medium term then even CMP seems good to buy on, as the volumes are strong and are reflecting high probability for breakage of breakout level.
Remember: SLs are essentials.
Disclaimer: I'm not a registered analyst. I'm just sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
Sansera-IHNS breakout coming near ATH!Sansera has been consolidating at its ATH since past few months and has formed a beautiful inverted head and shoulders near the same.
Once 1100 is broken DCB, we will see quick upside in the stock.
Today, Q4 results are going to be announced, hence we might see gap up/gap down tomorrow.
Only risky traders should enter today.
Wockhardt-Bad fundamentals, Strong technicals!Wockhardt is an age old Indian pharma company which has been in loss since few years.
Stock has bounced from strong support and also gave inverted head & shoulders breakout.
Stock is consolidating post breakout.Not my usual technofunda pick but a very attractive technical breakout. Please know that risk is more with such ideas.
Bsoft Cmp 732 Triangle BO with Volumes dated 12-7-2024
1. Triangle BO @ 730 (done)
2. Price Rise with Volumes
Buy above 735 target 750-760-770-780-790-800
810-835-855 SL 680
It is just a view, please trade at your own risk.
Hariyana Ship Breakers Ltd - Cup & Handle Breakout!!Hariyana Ship Breakers have given a breakout of cup & handle pattern. It is out of its price band after 3 years. Other factors:
1. RSI is above 60 showing bullishness
2. MACD is positive
3. Breakout is with huge volumes
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
Rico Auto-A multi year monthly breakout!DO NOT MISS THIS BREAKOUT!
A clean volume breakout with retest done in daily TF.
Stock will fly from here.
A small consolidation can be expected which is best time to accumulate this stock
We might not see this stock at this price in coming few years again.
A good fundamental auto ancillary stock
Continuation Basing patternGood volume build up in daily and weekly timeframe.
Large continuation biasing pattern breakout with good volume.
Smallcap ⚠️
Fundamental are OK.
FII stake increased from 0.89% to 1.07%.
NOTE: I do my analysis, do yours before trade.
Cup and handle patternGood volume buildup in daily and weekly timeframe.
Cup and handle pattern formation.
Fundamental are OK.
IT sector on move.
FII stakes increased from 6.96% to 7.12%.
NOTE: I do my analysis, do yours before trade.
Good setupVolume 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.
WIPRO C&H BREAKOUT WCBWIPRO breaking c&h pattern
weekly basis with good volume
good rsi ,trading above 20ema
#target 613-730
EDUCATIONAL IDEA
Ascending triangle breakoutGood volume build up in daily and weekly time frame.
Ascending triangle pattern breakout with good volume.
Railway sector is bullish.
Fundamental are good.
Net profit increased.
Public stake increased. While FII and DII stake decreased.
NOTE: I do my analysis, do yours before trade.
Parallel channel breakout with good volumeGood volume buildup in daily and weekly time frame.
Parallel channel breakout in daily and weekly time frame with good volume.
3 year high broken.
Fundamentals are good.
Net profit increased.
FII stakes increased from28.95% to 31.99%.
NOTE: I do my analysis, do yours before trade.
