Balkrishna Inds Cmp 2405 Triangle BOBalkrishna Inds Cmp 2405 dated 5-4-2024
1. Triangle BO @ 2380 (already done)
2. Higher Lows
3. Volume Rise
Buy @ Cmp target 2420-2465-2495-2550 SL 2340
It is just a view, please trade at your own risk.
Volume
For Zuari, Bullish view for next few weeksThe chart is making a rounding bottom and in the short time , following a parallel channel.
LIChsgfinance showing reversal signsHousing finance sector is looking very positive considering the tapering effects of recession and inflation data.
PNBHsg finance has already skyrocketed post breakout.
Lichsg finance is a good fundamental stock which is looking a good positional trade. This idea is not a recommendation and is shared only for educational purposes.
You can also study stocks like aptus hsg finance, ibull hsg finance, HUDCO which are showing similar trend.
BSE F&P BREAKOUT WCBBSE breaking f
BSE breaking f&p pattern #weekly basis
good volume building up
with strong rsi
EDUCATIONAL IDEA
MUTHOOT FINANCE C&H BREAKOUT WCBMuthoot finance breaking c&h pattern
weekly basis good volume and rsi
macd crossover
#target 1880 after breaking 1720 only
EDUCATIONAL IDEA
LICI TRENDLINE BREAKOUTLICI breaking a trendline resistance
good volume building up
good rsi and MACD crossover
#target 1170,use ur sl
EDUCATIONAL IDEA
Symmetrical pattern breakoutDaily and weekly volume buildup is significant good.
Breakout of symmetrical pattern breakout with good volume.
Retest also done on trendline. Excepting and good as came out of long term consolidation zone.
Good setup for both intraday and swing.
NOTE: i do my analysis, do your before trade.
Rectangle pattern breakoutDaily timeframe volume profile look good enough.
Rectangle pattern breakout with good volume.
Daily timeframe price has taken support from 50EMA.
Weekly profile also looks good.
Good setup for both intraday and swing if breaks present candle high.
NOTE: I do my analysis, do your before trade.
High breakoutDaily volume build up is good enough.
All time high trend line breakout conformed.
Good for intraday and swing position.
Breakout of rectangle pattern.
NOTE: I do my analysis, do your before trade.
Rising wedge breakoutDaily timeframe- good volume
Rising wedge breakout.
RSI above 70.
NOTE: I do my analysis, do yours before trade.
All time high trendline breakoutPrevious few candle had volume buildup.
All time high trendline breakout with good volumes.
Have a look in weekly time frame with parallel channel.
Watch out for parallel channel resistance trendline.
Small cap company so be cautious.
NOTE: I do my analysis, do yours before trade.
Trendline breakout- BE CAUTIOUS !!Daily volume good enough.
Breakout of trendline.
Be cautious about long term trendline-resistance above the breakout.
Have a look in weekly time frame for better view.
NOTE: I do my analysis, do your before trade.
Rectangle pattern breakoutDaily timeframe-good volume.
Rectangle pattern breakout with good volumes.
As breaking a long consolidation, either it will sustain or fail. Chances are 50-50.
Wait for the retest for conformation.
NOTE: I do my analysis, do yours before trade.
Rectangle Pattern Breakout Daily timeframe - volume buildup is significant good enough.
Rectangle pattern breakout with good volume buildup.
Support taken from 50EMA- midterm is bullish.
NOTE: I do my analysis, do your before trade.
Make or break levelDaily volume shows good strength.
Once a candle close on or above trend line consider the price will move 10 to 15% up quite fast.
Note: I do my analysis , do your before trade.
Disclaimer: Already in trade, will be explaining my logic on YT channel. Check out below for handle.
SAPPHIRE FOODS - Go LongFor Educational Purpose..
⚠️ I'm not a SEBI REGISTERED analyst & my view can be biased
⚠️ No Buy Sell recommendation, do your own DD.
#SAPPHIRE IS READY TO BUY LONG
- Last Months Volume Massive
- View Ascending Triangle Monthly Chart
- Multi Year Breakout
Waiting Time 3-6 Months
Long Above (Required Candle close) - 1575
SL - 1400
Target - 1600, 1650, ATH & More
Thank you
Bajaj Twins looks good bet for FY 2024-25.Bajaj Twin are waiting for a move while other stocks of the group has given good returns in last few months.
Both the finance sector companies are trading a break out zone. Banks and other NBFC's has performed and created new highs.
Bajaj Finance
A bullish engulfing candle on the monthly charts is showing some trend reversal in the stock and has gained over 10% this month.
Price action traders can seen the bullishness in the stock and it is trading in a consolidation zone creating a bullish break out pattern.
There are chances of it consolidating around 7600-7800 levels and break out the higher 8200 levels creating a new ATH.
Volume profile ,since April '24, is also showing much of the activity happening around the trading price which signifies less selling volume on the higher levels on monthly charts.
Investment and positional stock holding in these stocks seems good for this FY.
Target price as per Fib Ext. are 8700-9250.
Bajaj Finserv
Its ATH high is 1932.50 and the stock is trading around 1644 levels.
Multi-month consolidation break out can be seen in the stock. If the stock starts to sustain above 1850-60, there are high chance of it giving 30-40% returns in coming FY.
The major resistance around 1860 is there and a break out is there just below the levels around 1700.
A position on the triangle break can be initiated with 25% of the investment capital and add on to the position on the horizontal zone break out.
Volume profile of Bajaj Twins are matching and are at the trading price. More bullish confluences help in carrying the trade and it is doing it.
The target price of 2100-2250 can be predicted as per the Fibonacci extention tool.
Entry should be made only after watching a price action or a break out with good volumes while closing over the levels on weekly or monthly charts.
Chart patterns and trading them are different thing. Price will be traded and chart pattern will help built the confidence.
Breakout of parallel channelDaily and weekly good volume build up.
Breakout of parallel channel with good volumes.
Wait for retest on trendline for conformation.
NOTE: I do my analysis, do your before trade.
Box pattern breakoutDaily and weekly volume buildup is significantly good.
Box pattern trendline breakout with good volumes.
Wait for retest on trendline for conformation.
NOTE: I do my analysis, do your before trade.
All time high and rounding bottom breakoutDaily and weekly volumes buildup is considerable good enough.
All time high and rounding bottom breakout successful with retest on trend line.
Good opportunity both for swing and positional views.
NOTE: I do my analysis, do your begore trade.
Trend line breakoutConsiderable Oki's volume in daily and weekly timeframe.
Previous candle has considerable good volume buildup.
Weekly timeframe-price has taken support on 200ema, that lets you know price is in bullish trend.
NOTE: I do my analysis, do your before trade.
All time high break outConsiderable good volume buildup in past few days.
Near to all time high time level, once price confirms breakout with closing above the trendline.
Good opportunity for both swing and intraday.
NOTE: I do my analysis, do your before trade.
All time high with cup and handle pattern breakoutVolume on daily and weekly timeframe are significant good enough.
Broken all time high with good volume, also breaking cup and handle pattern.
Good option for F&O if breaks the current candle high.
NOTE: I do my analysis, do your before trade.
