Good volume build up on daily timeframe. Price trading in the rising wedge pattern and almost at the resistance zone. Next candle will be very important. NOTE: i do my analysis, do your before trade.
JSWSTEEL 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.
PNCInfra is looking ready for a good monthly breakout. Levels mentioned on chart. Decent fundamental stocks, can be held for long term considering infra story of India
Wockhardt is an age old Indian pharma company which has been in loss since few years. Stock has bounced from strong support and also gave inverted head & shoulders breakout. Stock is consolidating post breakout.Not my usual technofunda pick but a very attractive technical breakout. Please know that risk is more with such ideas.
Good volume buildup and daily and weekly timeframe. Formed cup and handle and breakout conformed with good volume. if breakout out sustains than will be looking very good return. NOTE: i do my analysis, do yours before trade.
Capacite Infra Project Cmp 303 dated 9-4-2024 Weekly Chart 1. Rounding & Rectangle Pattern Bo @ 305 2. Higher Lows 3. RSI Divergence 4. Volume Rise Buy above 305 target 325-340-355-370-380-400-425 SL 240 Pattern Target 530 SL 210 It is just a view, Please trade at your own risk.
Good volume buildup in daily and weekly timeframe. Box pattern breakout and price trading in between raising wedge pattern. NOTE: I do my analysis, do yours before trade.
Godrej properties breaking rounding bottom good volume building up #target can be 3800 follow ur sl as per ur risk management EDUCATIONAL IDEA
SPARC is a loss making company, hence this is purely a technical pick. Stock has given beautiful trendline breakout and is in consolidation since breakout. Above 400, stock can fly to ATH. Risky traders can enter at CMP for better risk reward.
Sbilife breaking resistance trendline with good volume building up macd crossover seen #target 1620 only after breaking 1570 EDUCATIONAL IDEA
Balkrishna 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.
The chart is making a rounding bottom and in the short time , following a parallel channel.
Housing 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...
BSE breaking f BSE breaking f&p pattern #weekly basis good volume building up with strong rsi EDUCATIONAL IDEA
Muthoot finance breaking c&h pattern weekly basis good volume and rsi macd crossover #target 1880 after breaking 1720 only EDUCATIONAL IDEA
Logic:-RSI positive divergence near trendline support followed by Consolidation breakout Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP. Relatively safer stock to bet as technofundamentals are strong together. Happy trading!
LICI breaking a trendline resistance good volume building up good rsi and MACD crossover #target 1170,use ur sl EDUCATIONAL IDEA
Daily 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.