NTPC RISING WEDGE BREAKOUTNTPC breaking rising wedge
with huge volue good rsi
power sector firework today
#target 430 soon
EDUCATIONAL IDEA
Volume
ROTO PUMPSDisclaimer : I'm not a SEBI registered analyst, Views are personal not any BUY or Sell recommendation.
Today, I observed that ROTTO PUMPS has broken out on the weekly timeframe after a period of consolidation. I anticipate an upward movement in the near future based on the price action and volume today. For specific targets and stop loss levels, please refer to the chart.
Note : View will be triggered when the price closes above 465 on Daily closing basis.
Rattanpower-A high risk breakoutRattanpower has given monthly breakout from a strong resistance zone of 16-18.
Stock is very risky and operators favourite.
However, volumes are at all time high and there are few rumours around it that Adani power is going to acquire the company which might be fueling this rally.
If you are a high risk momentum trader , you should be interested in this breakout.
Not a good stock fundamentally. Company has an exceptional gain of 10700 crore from sale of fixed assets in Q4 2024 which is bigger than its market cap. Something big is cooking definitely.
Keep in watchlist for learning purposes
ATH breakoutHighest volume till date of this stock in daily and weekly time frame
And that to in this type of volatile market must be some big player is taking entry or exit.
If price breaks the current candle high, can give a good opportunity.
NOTE: i do my analysis, do yours before trade.
EIDPARRY C&H BREAKOUT WCBEidparry breaking c&h pattrn #weekly
with huge volume
good rsi macd crossover
#target can be 850
only after breking 700
EDUCATIONAL IDEA
Symphony-A support reversal with volumesSymphony is a good positional trade as it has given monthly reversal breakout
However, stock has not shown growth in previous few quarters which can lead to slow rally.
Q1 is always fruitful for AC-Fridge manufacturers. Lets wait and watch how this stock goes.
Indigo Cmp 3256 Bearish Engulfing @ TopIndigo Cmp 3256 dated 24-5-2024
1. Bearish Engulfing @ Top
2. Price Fall with Volumes
3. RSI Break down
Sell Below 4240 target 4185-4150-4125-4070 SL 4350
It is just a view, please trade at your own risk.
bullish breakout of weekly flag and pole pattern in IRFCA Bullish Flag and Pole pattern is visible on the Daily chart of NSE:IRFC
The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
SWING OPPORTUNITY IN DIVIS LOBOROTIES My analysis on this script is bullish.Ofter Proper Breakout and Retest on wedge pattern created strong Demand zone and started rally.
Entry criteria 1: ofter retest at 4083 Level(with Volume)
Entry criteria 2: ofter Breakout and Retest at 40700 level (with Volume)
Target:5378 🚀
#Divislaborotiries #Healthcaresector
Cup and handle breakout in auto sector stockAshok leyland has been consolidating in a cup and handle pattern since 2019 and is on the verge of a breakout.
A weekly closing above 170 will confirm the breakout which will the stock to 200+ levels in short time. Stock is looking bullish and can be added on dips upto 155 with a SL of 144 DCB.
Chart looks similar to Midhani which gave a sharp upmove after breakout
Note:-Idea is shared for educational purposes and should not be considered as a recommendation.
PNCInfra- A beautiful pattern breakout on cards!PNCInfra is looking ready for a good monthly breakout.
Levels mentioned on chart.
Decent fundamental stocks, can be held for long term considering infra story of India
MMTC, DTL BO MMTC making HLs about to test DTL (Down Trend Line)
-VCP in action
-Sellers flushing out
-Check its prior moves, it moves with great momentum
All time high breakout with trendlineGood volume build up in daily time frame.
Breakout of all time high trend line with good volume.
RSI above 70.
NOTE: I do my analysis, do yours before trade.
CAMS PARALLEL CHANNEL BREAKOUTCAMS breaking parallel channel WCB
with good volum and rsi
#target1 3740 #target2 4068
follow ur sl
EDUCATIONAL IDEA
KRISHNADEF posted growth results from strong sectorKrishna Defence & Allied Industries Ltd results:
■ Sales 71 cr, QoQ 102%, YoY 68%
■ Net Profits 7, QoQ 172%, YoY100%
TA:
-VCP in Action
-One Simple Horizontal Line BO anticipation
Cup and handle pattern breakoutGood volume build up in the daily and weekly time frame.
Cup and handle pattern breakout with good volume, wait for retest or breakout of current candle high in daily time frame for opportunity.
NOTE: I do my analysis, do yours before trade.
Hemisphere Properties of India, a perfect VCP VCP stands Volatility Contraction Pattern by Mark Minervini (One should read his all books)
Perfect VCP (15W-39/4-4T), meaning price n volume contracting for 15 weeks from 39% to 4% with 4 contractions(39%, 19%, 15%, 4%)
Happy Forging, recent IPO name posted solid results-Posted good growth results
-Long base after IPO, breakout about to happen
-Cheat entry was near 994ish level
-Green Vol > Red Vol
Alicon-ATH breakout done after Cup & handle consolidationAlicon has given ATH breakout after 6 months of consolidation.
Stock can give almost 300 points move if the breakout is successful.
ATH breakouts are risky. Book profits quickly.
Not a recommendation, just a personal opinion
Falling wedge breakout conformedFalling wedge pattern breakout with good volume.
Wait for retest for conformation. Can give easy 10 to 15 % in swing trade if breaks the breakout candle low then the breakout has failed.
NOTE: I do my analysis, do your before trade.
Wockpharma: DTL BO?-if Nifty Pharma breakout from long Parallel Channel (PC), Wockpharma can be one of pharma companies to perform, as it also forming long base and,
Long Base = Long Breakout .
-DTL BO anticipation (Down Trendline Breakout), tested 4 times but didnt fall with volumes.
-Clearly, Green vol > Red vol
-VCP pattern (15W-22/6-3Ts)
-Earnings due on 28th May
Setup is solid lets see how it work out. Cheat entry (Cheat entry are basically early entry in anticipation of BO) can be around 564ish level BO if day starts with Strong Start (gap up without or barely touching previous day low)
But one should wait for confirmation, if it breakout good then it can be confirmation for other stocks too as there are and always will be many opportunities in the market, only one have to seek.
MTAR: Becoming bullish after long correction For educational purpose only.
If it corrects further from this point, drawn channel can be act as support and one can average the price for more potential.
Zydus life science cup and handle PatternIt is trading at 682. It has crossed it neckline of 680. Volume is really good. Daily, weekly and monthly RSI above 60 .
If its manage to give weekly closed above 680 then we can consider this as cup and handle breakout
1st target :770
2nd target:1000
30 week moving average as stop loss
This is for educational purpose. Not a buy recommendation
