Darvas box setup breakoutVolume buildup in daily and weekly time frame.
Resistance turns support from 1330~40 zone.
Taken support 3 times from the above mention resistance zone.
Breakout of darvas box setup, wait for retest for conformation.
Note: I do my analysis, do yours before trade.
Volume
6 year old high breakoutVolume buildup in daily and weekly timeframe in past few days.
Presently on all time high, if closes candle above the 6year old or all-time high than can give good reward.
NOTE: i do my analysis, do your before trade.
Prism Johnson Limited was incorporated in 1992 Prism Johnson Limited was incorporated in 1992 and is amongst the largest integrated building materials companies in India, with a wide range of products, namely cement, ready-mixed concrete, tiles, sanitaryware and bath fittings. [
Market Cap ₹ 8,976 Cr.
Current Price ₹ 178
High / Low ₹ 199 / 104
Stock P/E 1,171
Book Value ₹ 28.0
Dividend Yield 0.00 %
ROCE 0.86 %
ROE -7.70 %
Face Value ₹ 10.0
Graham ₹ 50.6
Intrinsic Value ₹ 47.2
EPS ₹ 4.05
Sales growth 7.28 %
Sales last year ₹ 7,361 Cr.
Sales growth 3Years 7.31 %
Profit growth 106 %
Profit Var 3Yrs %
Profit Var 5Yrs %
Return on equity -7.70 %
Profit Var 7Yrs %
Sales 2Qtr Bk ₹ 1,942 Cr.
ROE 7Yr 3.09 %
Debt ₹ 1,482 Cr.
Current assets ₹ 2,562 Cr.
Current liabilities ₹ 3,262 Cr.
Book value ₹ 28.0
Free Cash Flow 5Yrs ₹ 2,243 Cr.
6 year old successful breakoutDaily time frame volume buildup is good enough.
Forming cup and handle continuation pattern.
2018 high breakout successful but wait for retest for conformation.
Note: I do my analysis, do yours before trade.
All time high breakout RETESTDaily and weekly time frame volumes looks good enough.
All time high trend line retest successful.
Taking support from 200ema in daily time frame.
Note: i do my analysis, do your before trade.
Ascending triangle pattern breakoutVolume buildup in daily and weekly time frame is signifcantly good enough.
Wedge pattern breakout successful and target achieved, wait for the ascending triangle pattern retest for conformation.
Note: I do my analysis, do your before trade.
Relaxo available at pre covid levels, attractive RRFundamentals : Strong, Consistent growth on Sales, Profits and EPS. High Reserves vs Debt Free. FII and DII stake increased
Technicals : Into bearish trend but nearing strong support zone.. Trendline support.. Good RR.
R 1: 970 (Trend reverse level)
R 2: 1100
R 3: 1250++
Support Zone : 680-750
High break out with retestDaily time frame-breakout candle volume is good as compare to previous candles.
Retest also done on trend line with good enough volumes.
Weekly time frame chart also looks good.
NOTE: I do my analysis, do yours before trade.
Rising wedge pattern breakoutVolume accumulation in daily and weekly timeframe looks promising.
Rising wedge pattern breakout successful with good volumes.
Major resistance ahead, wait for retest for conformation.
Note: I do my analysis, do your before trade.
Rising wedge pattern breakoutVolume accumulation in monthly timeframe looks promising.
Rising wedge pattern breakout successful with good volumes.
Major resistance ahead, wait for retest for conformation.
Note: I do my analysis, do your before trade.
Rising wedge breakoutVolume accumulation in monthly timeframe looks promising.
Rising wedge pattern breakout successful with good volumes.
Major resistance ahead, wait for retest for conformation.
Note: I do my analysis, do your before trade.
Symmetrical triangle breakoutVolume build up on daily and weekly timeframe is considerably good.
Symmetrical triangle pattern breakout, wait for retest for conformation.
Note: I do my analysis, do yours before trade.
Breakout successful in such a confusing marketDaily and weekly volume buildup is significantly good enough.
Retest done on the trend line.
Note: I do my analysis, do your before trade.
CAMS DOUBLE BOTTOM BREAKOUTCAMS breaking double bottom pattern
with huge volume
#target can be 3200+
EDUCATIONAL IDEA
SHANTIGEAR - Bullish Swing Reversal with VolumesNSE: SHANTIGEAR is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 11% to 17% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Voltas - Breakout with Higher LowsNSE:VOLTAS has broken out after over a year of consolidation.
Voltas started making higher bottoms after making double bottom pattern.
Stock is showing great volumes.
CMP 977
Breakout level: 930
SL: 899
Target: 1125
Stock can come back to its breakout level to retest the breakout. Retesting of breakout makes the breakout stronger.
Note: It's weekly chart analysis. Don't think short term based on this analysis.
Remember: SLs are essentials.
Disclaimer: I'm not a registered analyst. I'm just sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
TV18 - Ready for Cup & Handle BreakoutTV18 is trying to get over from over a year of consolidation.
TV18 has gained good volume in recent time and recent days.
While sitting right at the cup & handle resistance it is preparing for breakout.
However because it has already broken the pattern once in intraday and could not sustain, despite of strong volume, care needs to be taken while making a trade. A good buy level will be above 53.50, a little above the breakout level of 51.75.
CMP - 50.40
Breakout level - 51.75
Buy above 53.60
SL - 48
Target - 70
Pfizer - Cup & Handle breakout madePfizer has been consolidating for a couple of years and has now finally given a breakout with Cup & Handle pattern.
Cup & handle pattern is a highly trusted pattern for its bullishness.
Not to mention Pfizer is a strong company and should be part of everyone's portfolio.
CMP: 4240
Breakout level: 4150
SL 3980
Target: 4600 / 4780
Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
