SUNTECK multiyear breakoutA 6-year consolidation has come to an end, and the stock is now showing a breakout. Generally, multi-year breakouts are genuine and tend to continue consistently.
Volume
MaymyIndia - ATH Breakout MapmyIndia has given a breakout with big volumes. We can see price movings towards 3500. Other factors:
1. Super volumes at the time of breakout
2. RSI is above 60, showing bullishness
3. MACD is positive
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!!
RAILTEL RANGE BREAKOUT WCBRAILTEL breaking range box
weekly basis with good volume
good rsi and macd crossover
#target 600
EDUCATIONAL IDEA
MapMyIndia-A multibagger stock for a swing tradeMapmyIndia is one of my favourite stock among small cap IT sector which has now done a breakout retest and is available at an amazing price.
If stock gives weekly closing above 1900, we will see ATH levels soon. However, I expect bigger targets from stock as given on chart.
A very good investment stock as well since the company provides API solutions as a cheaper alternative to google maps. Just a personal opinion shared for educational purposes.
LICI, a strong name about to breakout?LICI is consolidating for almost 130 days (Good period of consolidation) after giving 100% move in 80 days.
-In DTL, BO anticipation if retest again.
-Good shakeouts
-1003 good support (AVWAP from ATH)
Radico Khaitan, Long Base BreakoutRadico Khaitan, a major alcohol manufacturer in a very long base(~200 days)
Long base = Big Breakout (check recent example Gravita India)
-Kind of Inverted Head n Shoulder too
-Good shakeout of 200 dema too
-Recovered fast from 4th june fall with good vol and price action.
INDUSINDBANK TRENDLINE BREAKOUTIndusindbank breaking trendline resistance
weekly basis with good volume
and rsi,macd crossover happening
EDUCATIONAL IDEA
EQUITASBANK DOUBLE BOTTOM BREAKOUTEquitasbank breaking double bottom pattern
#weekly basis with good volume
and rsi ,macd crossover seen
#target 116 soon
EDUCATIONAL IDEA
Altcoin to watch - MKRThings look really nice on MKR lately as the 3D Demand got tagged and respected quite well. The visible volume range is supporting MKR here quite well and this could be a lovely spot bag one could hold. The BPR above is going to be the only problem for MKR in the future. Going to keep watching it and trying to catch an entry on the lower time frame.
I will post this setup under this idea here.
With that being said, make sure to follow and let's get this TradingView community grow to 1k followers 👏
AB Capital, One Simple Horizontal Line setupMonet management related stocks performing good.
-yesterday gave wick, hunt down many stoplosses
-came out from long base
-good shakeout (50 ema)
Granules, cup and handle patternGranules in perfect Cup and Handle Pattern
Volume low in cup formation and spiked on right side of the pattern.
Breakout of parallel channel is right time to enter
No buy/sell recommendation.
Still timeLong term symmetrical triangle pattern breakout with good volume.
Breakout conformed with good volume, retest conformation.
If current candle high gets broken, good entry.
NOTE: I do my analysis, do yours before trade.
Two ConformationGood volume build in daily and weekly timeframe.
Support taken at 200ema except volatility.
Breakout of trendline and ATH in daily and weekly time frame with good volumes.
NOTE: I do my analysis, do yours before trade.
Parallel channelGood volume buildup in daily time frame and in weekly timeframe of of breakout candle.
Breakout of parallel channel in weekly and daily time frame with good volume.
RSI also conforming breakout.
Wait for retest conformation or breakout of current candle for entry.
NOTE: I do my analysis, do yours be trade.
GNFC Cmp 703 Trendline BO, VolumesGNFC Cmp 703 dated 18-6-2024
1. Trendline BO @ 707
2. Price Rise with volumes
3. RSI BO
Buy above 707 target 715-730-745-755-770-790 SL 675
It is just a view, please trade at your own risk.
CANFINHOME RECTANGLE BREAKOUT WCBCanfinhome breaking rectangle pattern
with good volume rsi
macd crossover seen
#target 1100+ after breaking 910
EDUCATIONAL IDEA
DMART, a giant making IHnS (Inverted Head n Shoulder)Very first base of Stage 2
-Making Inverted Head n Shoulder
-Inside bars (Yellow Arrow), indicating consolidating in a range
-YoY EPS growing, with overall stores count in India increasing
Will Ace construction will race?-Good EPS growth, thats what always look for.
-73 days consolidaiton under major resistance, breakout can initiate good above move.
RAILTEL, railway stocks are setting up again.Check railway stocks, how well they are setting up and buzzing loud on twitter. But like only railtel and texrail, as not looking for stocks which didnt breach 4th June bloodbath bar. No regret if they give big moves as I'm following the system. And between these two, railtel is top priority, as:
-One simple horizontal line setup (favourite), and consolidating for 150 days in the range
-After 4th june big fall, two white dots( 5% move with 1M vol) indicating big players are buying this stock
-Clean setup
Buying above 428 (cheat entry: buying before major resistance in anticipation of breakout.
No buy/sell recommendation.
Thomas Cook, one simple horizontal line setupTraveling is booming in India post covid.
And travel companies are enjoying this piece of pie.
-Posted growth YoY EPS growth, OPM% also improving.
-Near Major resistance, under which it is consolidating for 50 days (good consolidation)
-Good Shakeout, when price went below major ema (here 21 dema) and rally back (also known as MAU&R: Moving Avg Undercut and Rally)
-Tightness near resisantance.
-Signal Candle (5th n 7th June candles are white dot, which is more than 5% move with 1M vol) suggesting big players are buying. Retailer buyers cant create such volumes.
If it breaks this resistance level. with good vol (basically more than 10 day avg) then can expect good move.
No buy/sell recommendations.
Olectra Greentech Limited setting up for big moveOlectra Greentech Limited, a mojor electric bus company, in DTL BO zone.
Also anticipation of BO of AVWAP from 52W High.
KRBL (17 June 2024)KRBL (17 June 2024)
Breakout of downtrend line with extreme good volumes
Bullish harami candlestick pattern at support
Disclaimer- This chart is only for learning purpose. It is not for trade
