CUP AND HANDLE WITH GOOD VOLUME1M - Cup and Handle Pattern Strong breakout
Some months volume also increases.
Volume
CYIENT PARRELEL CHANNEL BREAKOUT WCBCyient breaking parrelel channel weekly basis
breaking 20ema also with good volume
#target 24000
sl 1650
EDUCATIONAL IDEA
INDIGO F&P BREAKOUT WCBIndigo is breaking flag pattern weekly basis
with huge volum,trading above 20ema
#target 5900 sl 4200
EDUCATIONAL IDEA
NSE:JETFREIGHT: Bullish Breakout with Significant Volume SupportSummary:
NSE:JETFREIGHT Jet Freight Logistics Ltd NSE:JETFREIGHT has recently exhibited a strong breakout following a period of consolidation, supported by robust trading volume. The company’s fundamentals show a mix of strengths and weaknesses, with notable performance in certain areas, making it an intriguing candidate for short-term trading opportunities.
Fundamentals: NSE:JETFREIGHT
High Shareholder Yield: Indicates strong returns to shareholders
Significant Return Over Last Week: Demonstrates recent positive momentum
Prominent Player: Well-established in the Air Freight & Logistics industry
Low Revenue Valuation Multiple: Suggests the stock may be undervalued compared to its revenue
Weak Gross Profit Margins: A potential concern for long-term profitability
Stock Behavior: Often moves in the opposite direction of the market, indicating unique trading patterns
Technical:
Strong Breakout: Indicates a bullish trend
Little Consolidation: Stock consolidated briefly, suggesting a base is forming
Breaking Out of Box: The stock is breaking out of a defined range, signaling potential further gains
Strong Volume: High trading volume supports the breakout, indicating strong investor interest
NSE:JETFREIGHT
TRIANGLE PATTERNS AND CUP & HANDLEMULTIPLE TIME CONFIRMATION
1W - Triangle pattern,
1M - Cup & handle
Standing on a Support ZoneWe might see a reversal from this support zone or it might see a bit more correction till 550( A strong support level as indicated by Fixed Volume Profile Indicator).
IocIt's good to add in portfolio.... It will give good return in upcoming days... Ioc is in consolidation zone and seems like it will break in upcoming days....stay alert
Stock Brokers BreakoutAngelone, shareindia securities, IIFL Sec, Icici securities, Motilal Oswal etc stocks are looking good.
ANGELONE PARRELEL CHANNEL BREAKOUT WCBAngelone a mid to long term bet
breaking parrelel channel weekly basis
huge volume,rsi in bullish zone
20ema breakout also
macd croosover is also suppose to done this week
#target 3900
EDUCATIONAL IDEA
Zydus Wellness - Perfect rebound candidate!!!!Zydus Wellness is showing a strong reveral after a long 2 year consolidation. It has given a break-out and trading above important Fibonacci level. We may see price moving towards 2300-2500. Other factors:
1. Steady volumes during consolidation phase
2. RSI is above 60
3. MACD is positive
4. All above are on WTF showing strength
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!!
VENKEYS Triangle BreakoutVenkeys has given a breakout from triangle pattern on 1D timeframe with strong volumes. It has broken its 2 year old resistance. It is apparently retesting its resistance.
Bump n Run - A strong chart patternBump n Run are strong pattern
Nifty Bank is forming one
Volume: Need an exhaustion level volume for major down trend else cud be a 20% kinda pull back
GHCLThis stock has been range bound since last few years, with volumes now showing up in recent few weeks and stock trading way lower than industry PE we can expect a good upside upto 1200 in medium term.
TECHMAHINDRA BREAKOUT WCBTechmahindra resistance breakout
weekly basis with good volume
rsi strong trading above 20ema
#target 1800 soon
EDUCATIONAL IDEA
CUP & HANDLE ,VOLUMECup & Handle Pattern and All time high, volume also good
If sustainable levels 440-460 close weekly, the sock has good movement.
Gold Outlook 12 Aug We've had a good bullish week. We can see some pullback at the start of this week before continuations. Demand zones till where to expect the pullbacks too are indicated. Follow the LTF market structure with HTF as the guide. Current price action > Past price action. Don't force trades. Gold is still technically and fundamentally bullish by pullbacks are a possibility. 4H Internal BRK may allow for buy continuations much faster without a deeper pullback.
Potenial Move in JMAAn inefficiency was was created by the price, which was later filled. Price then went on to stay in a range but it tried giving breakout moves to grab BSL and then dumped to grab SSL. I can see some support from downside because price is not breaking previous external low. Buying near VWAP for best entry price
Let it Rain!Technical Analysis of Rain :
Over the past two years, Rain's price has been in a consolidation phase following a significant 300% increase from April 2020 to July 2021. It's important to note that this price surge occurred alongside a broader market rally during the same period.
Positive Indicators :
The weekly and monthly charts highlight some encouraging signs. Notably, there has been a sudden increase in trading volume , and the MACD lines and bars have been flatlining on the monthly timeframe, which may indicate a potential shift in momentum.
Key Support and Resistance Levels :
Support: 140
Resistance: 190, 225, 255
Disclaimer :
This analysis is intended for educational purposes and is not a recommendation to buy. It is important to learn how to recognize and understand patterns in stock movements.
#RUBYMILLS on the weekly chart analysis#RUBYMILLS Weekly Chart Analysis 📊
◽️ Volatility Contraction : A tightening of price range has been observed.
◽️ Volume Surge : Recent increase in trading volume suggests growing interest.
◽️ Breakout Potential : Breakout with volume confirmed on both weekly and monthly timeframes.
◽️ Short-Term Target : Potential for a 25-30% move, with a target around 30%.
📌 Disclaimer : This analysis is for educational purposes only and is not a buy or sell recommendation.
Keep an eye on this one! 📈
Keep learning. All the best.
ALKEM RECTANGLE BREAKOUT WCBALKEM breaking rectangle formation
weekly basis with huge volum
rsi strong trading above 20ema
#target 6700 after breaking 5850
EDUCATIONAL IDEA
