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.
Volume
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.
KSB, near major resistanceKSB from strong industry Pumps (check how Shakti Pumps, Kirloskar Bros, Roto Pumps are performing)
-one simple horizontal line setup. tightness there too. good shakeout
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
HCC-Is it a U-turn multibagger?HCC is one of the oldest infra stock of India showing some change in fundamentals which is visible clearly on chart.
A weekly closing above 50 can open big targets for stock. A risky bet for multibagger returns.
BSE, will it breach this AVWAP?Lets learn new thing:
AVWAP (stands for Anchored Volume Weighted Average Price): the average Price of a stock weighted by Volume from an Anchored point (swing low or swing high are good anchor points). Think like moving average but volume also include (not entirely true but to keep easy you can think like that) so it become more powerful as it involves both price and volume.
Now come to BSE, check white AVWAP how it was major resistance and gave fake breakout too. But when it breaches, it gave good Breakout (BO).
Again new blue AVWAP acting as good resistance, now have to check how it acted when it breach this line.
If it will give good breakout, add this powerful tool to your charts.
To learn more about this tool, DM me.
No sell/buy recommendations
Good conformationGood volume buildup in daily and weekly timeframe.
Highest ever volume buildup in the last one year.
Earlier price has also taken support on 200EMA, indicates the stock is in uptrend.
Price has given the breakout of head and shoulder pattern that is forming inside the wedge channel with good volumes.
NOTE: I do my analysis, do yours before trade.
Crompton-A weekly reversal breakout showing bullish future!Crompton stock has been largely underperforming due to poor results.
However, stock is now looking strong technically.
Weekly breakout is done and we can expect targets up and above ATH if broader market supports.
Inverse HNS pattern Good volume buildup in daily and weekly timeframe.
Inverse head and shoulder pattern breakout with good volume.
Caution: Small cap!!!!!
NOTE: I do my analysis, do your before trade.
Ascending triangle patternGood volume buildup in daily and weekly timeframe.
Ascending triangle pattern breakout with good volume.
Caution-Small cap!!!!!
NOTE: I do my analysis, do your before trade.
Largest vol . buildupDaily time has the largest volume buildup in since its IPO.
Second largest volume buildup in the weekly timeframe.
Maintain long term view.
Price trading near its 52 week high range.
Defense sector in boom after election.
Caution - Small cap!!!!!!
NOTE: I do my analysis, do your analysis before trade.
GUJRATGAS INVERSE H&S BREAKOUT WCBGujratgas breaking h&s pattern
#weekly basis with
good volume and rsi
macd crossover seen
#target 760
EDUCATIONAL IDEA
GE POWER READY FOR 🆕 HEIGHTS The stock has formed complex cup and handle pattern . It has given breakout with unprecedented volumes it can reach 270 in no time and 378 in long run
breakout conformation twiceGood volume buildup in last couple of days.
First breakout- symmetrical triangle breakout with good volume.
Second conformation- recent ATH breakout with good volume.
RSI divergence in 1day timeframe- positive indication.
Wait for retest on trend line for conformation or breakout of current candle.
NOTE: I do my analysis, do yours before trade.
Paras, another stock want to dance, setting up well-Long base BO then
Elections results create volatility but
Setting up again:
-Recovered fast with volumes then red candle on low vol n bounced from 10 ema
-Defence stocks are making good setups
-Good shakeout of 21 ema
-tightness
