Check Green Vol spikes Demand is very high compare to supply. When market was showing weakness, it consolidate with selling vol drying up. Today gave breakout(BO) of 3488 level with good Vol.
If one masters Price-Volume action, market seems easy.
Volume
FSN with YoY growth results, ready for Stage 2?FSN posted good YoY results with expanding offline too, this can be super combo: online(e-com) + offline for the future growth for the company.
-right now, setup is in stage 1 but in uptrend so VCP concept can apply
VCP : 20W-30/2-4Ts (Contraction for 20 weeks, contracting from 30% to ~2% n total contraction 4 times)
-check Red Arrows how supply is flushing with every fall (Flushing of supply is imp for stock to blast)
Green Vol > Red Vol
-DTL BO: Down Trendline Breakout (Orange Circles), its forth time stock is testing this TL. N every time go up there with good volume.
-Moving Avg: are pointy upwards (10, 21, 50 emas)
-50 ema MAU&R (Moving Average Undercut n Rally) a GOOD Shakeout, read about it from here: OwlTraders Glossary (cant share link, will comment)
Overall, liking this setup. But one should wait for confirmation of stage 2 too, if stock move good from here n form a base then its a kinda confirmation.
Dabur - the next ITC Dabur
- Year high volumes after earnings candle
- Bounce from same breakout area
- Fmcg sector is bottoming out
PNC Infra waiting for results to move!PNC Infra:
-Tested 460-470 range several times but didn't fell much from there recovering fast, showing supply from resistance is not strong.
-Tight closes near this Breakout (BO) level.
-A long base forming, means can give long breakout (check Gold n Silver how they from long base consolidation gave big move).
-Check red arrows what volumes are doing on falls.
Waiting for results announce.
ATH breakoutGood volume buildup in daily time frame.
All time high breakout with good volume compare to previous few candles.
If the breakout sustain with good retest can give good return.
Railway stocks showing good momentum.
NOTE: i do my analysis, do your before trade.
ATH breakoutGood volume buildup in daily time frame.
All time high breakout with good volume compare to previous few candles.
If the breakout sustain with good retest can give good return.
NOTE: i do my analysis, do your before trade.
GPPL, waiting for results to perform?Another stock from Shipping n Port family yet to perform after good move by Cochin Shipyard, SCI, Mazagon Dock, GRSE, Adani Ports.
-Green Vol > Red Vol, clearing on falls vol is low compare to up days.
-Good recovery from May start correction.
-Tight closes near Down Trendline Breakout (DTL BO), tested multiple times.
-VCP (Volatility Contraction Pattern by sir Mark Minervini) also playing out: 13W-23/4-3T
Lets see how it perform after results (before results trade can be risky so always waiting for results)
Hindzinc- Do not miss this multiyear consolidation breakout!Hindustan zinc has given big breakout of inverted head and shoulders pattern in monthly time frame. A monthly closing above 330 would confirm the same.
This breakout is mainly because of the shooting zinc prices and growing war tensions.
350-370 is the best price to accumulate the stock.
The volumes are also at multi year high.
If you trust anil agrawal's vision and are a dynamic investor, do not miss this stock in your portfolio for potential multibagger returns.
HINDALCO INVERSE H&S BREAKOUTHindalco breaking inverse h&s pattern
with good volume and rsi
#target 770
follow ur sl
EDUCATIONAL IDEA
TATASTEEL ASCENDING TRIANGLE BREAKOUTTatasteel breaking ascending triangle
with good volume and rsi
macd crossover
#swingtrading
#target178
EDUCATIONAL IDEA
CHOLAHOLDING - Rectangle base breakout structureCHOLAHOLDING:
- 8 months long base
- Price making VCP pattern in last 2 months
- Shakeout near earnings candle low
- Now retesting earnings candle
- Can enter now or wait for entry near 1200 lvl with small SL
Purvankara-A beautiful chance for 2x returns!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 is a risky sector and most of companies have high debt policy , hence safe investors should prefer to stay away from these companies.
However, trading in these companies can give good returns when sector is booming, so book your profits if it is a trading bet.
Breakout Soon in SAIL?Sail is trading near resistance zone and taking support of 9 and 21 moving average meanwhile volume is decreasing, closing above Resistance zone with good volume can give good upside.
Taking 200EMA supportPrice taking support on 200ema indictor line, with volume contraction.
Wait for conformation once it breaks the consolidation zone with good volume and the price sustains above the trendline.
Easily can give 10 to 15%.
NOTE: i do my analysis, do your before trade.
Rising Wedge patternGood volume build up in daily time frame.
Rising wedge pattern breakout with good volume. wait for conformation either retest on trendline or breakout of high of current candle with good volume and should sustain above it.
NOTE: i do my analysis, do yours before trade.
Box pattern breakout second timeGood volume build up in daily time frame.
Breakout of box pattern second time with good volumes.
If the breakout sustains, can give easily 10-15% percent depending on the market scenario.
NOTE: i do my analysis, do yours before trade.
Bluestar Limited (NSE: BLUESTARCO) Stock AnalysisFundamental Analysis:
Bluestar Limited has shown strong fundamental performance, providing substantial returns to its investors. A key indicator of its financial health is its significantly improved debt-to-equity ratio, which has reduced from 0.57 to 0.06. This reduction demonstrates the company's effective debt management and strong financial discipline.
Technical Analysis:
Technically, Bluestar is on a consistent uptrend. The stock has been respecting the support levels of the 20-day and 50-day Exponential Moving Averages (EMA) on the daily chart. This pattern is also observed in the weekly and monthly frames, suggesting a sustained bullish trend across multiple time frames.
However, it is noteworthy that the Relative Strength Index (RSI) is currently at 86.69, indicating that the stock is in the overbought zone. This high RSI value suggests that a price correction might be imminent. Monitoring the stock for a slight pullback before considering an entry could be a prudent strategy.
Investment Consideration:
Given the solid fundamentals and the technical uptrend, Bluestar appears to be a promising addition to a well-diversified portfolio. The company's consistent performance and strong financial health make it an evergreen choice for long-term investment.
Disclaimer:
The information provided in this analysis is for educational purposes only and should not be construed as financial advice. Investing in the stock market involves risks, and it is crucial to conduct thorough research and consult with a certified financial advisor before making any investment decisions. The author holds no responsibility for any financial losses incurred due to the investments made based on this analysis.
Conclusion:
Bluestar Limited demonstrates strong fundamentals and a bullish technical trend. With careful monitoring and a strategic approach to timing entry, it can be a valuable addition to your investment portfolio.
Ascending triangle breakoutGood volume buildup in the last couple of days, one of the biggest volume build up in the last 1-1.5 years.
Ascending triangle breakout successful with good volumes.
Wait for retest for conformation.
NOTE: i do my analysis do your before trade.
OBEROIREALITY C&H BREAKOUT WCBOberoireality breaking c&h pattern
with huge volume good rsi
on #weekly basis
macd crossover done
#target 1900
EDUCATIONAL IDEA
Banknifty Banknifty trading at very stong zone if breaks below we can see a bearish movement. and if sustains we can se lifetime high
TVSMOTORS H&S BREAKOUTTVS motors breaking out from h&s pattern
with good volume good rsi
#target 2300
follow ur sl
EDUCATIONAL IDEA
IRCTC Disclaimer: I'm not a SEBI registered analyst, Views are personal not any Buy or Sell recommendations.
IRCTC making an bullish flag pattern in weekly, any fall towards 906-860 will provide an entry opportunity, Expected targets are mentioned in chart & S/l will be channel low Breakdown on Daily closing basis.
JSWSTEEL Flat pattern breakoutJSWSTEEL we missed the trednline breakout. But now we can focus on the flat patter breakout above 835 closing can lead to good 12-15% rally.
