MANGALAM CEMENT BREAKOUT STOCKStock : Mangalam Cement
-> Breakout with good volume.
-> Support Zone : 500 - 545.
-> View is invalid on close below 500.
Disclaimer : It's not a buy/sell recommendation. Posts are only for educational purpose.
Volume
Cup and Handle Pattern breakout The stock has recently broken out from a cup and handle pattern, and this breakout was supported by good volumes. The cup and handle pattern is a bullish continuation pattern, and the breakout with strong volumes adds confirmation to the potential upward move.
Double Bottom Pattern breakout with Huge VolumesNSE:SREEL has recently broken out from a double bottom pattern on the monthly chart, and this breakout was accompanied by significant trading volumes. In addition to this, there was a multi-year breakout with good volumes.
The combination of a double bottom pattern breakout with huge volumes on the monthly chart and a multi-year breakout further strengthens the bullish case.
Cup Pattern Breakout after 8 yearsThe stock recently broke out of a cup pattern, and what makes this breakout noteworthy is that it occurred after 8 years. Additionally, there was a multi-year breakout, and during the formation of the cup pattern, there was good volume accumulation.
This combination of a cup pattern breakout after a long consolidation period of 8 years, along with multi-year breakout and volume accumulation, suggests a strong and well-supported bullish move.
INFY IS BREAKING H&S ON WCBINFY is breakinng h&s pattern on #weekly chart
with good volume and rsi
#target can be 1920
educational idea
TCS TRENDLINE BREAKOUTTCS breaking a #trendline on WCB
with good volume and rsi
nifty IT is also given breakout
educational idea
ROUTE MOBILE RESISTANCE BREAKOUTRoute mobile #resistance #breakout
with good volume and rsi
trading above all key ema
#target can be 1750
educational idea only
HFCL BREAKOUT HFCL breakout ascending triangle
with huge volume good rsi
trading above all key ema
near #target can be 80
educational idea
INDUSINDBANK PARALLEL CHANNEL BREAKOUTIndusind bank is coming out from
a parrelel channel with good volume
good rsi also
near #target can be 1600
educational idea
Tracxn Technologies
box B.O. with strong volume.
Delivery qty increasing with increased volume.
Short EMA crossing long EMA from below.
Blue dart - Ready for 20% breakoutAfter a year long consolidation Blue Dart is ready for a ride. The stock has started making higher lows and about to start making higher highs!
Blue Dart is soon reaching for its resistance of 7535 and it will breakout from there. But before the breakout it should retrace to its previous breakout level of 7080.
Keep an eye on the stock for its breakout at 7535. A retest to 7080 will see more accumulation in market and give opportunity to those who believe in going for value with a risk.
CMP 7384
Retest/retrace level: 7080
Breakout level: 7535
target: 9000 (20% from 7500)
Ready for breakout - EID ParryEID Parry has made double bottom after about a year of consolidation. Now it is ready to give a breakout which will break its lower-high pattern and give a boost for new highs.
Stock has seen good volumes during past a few weeks, giving confidence for a breakout soon.
CMP: 565
Breakout level : Today's high (579)
SL: 560
Targets : 540 / 700
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.
Great volume breakout in Balaji AminesBalaji Amines almost gave a long pending breakout today.
High level of volume seen today, adding to confidence for its breakout soon.
The stock can be considered for buy above today's close, 2208, with an SL of the trendline shown or simply 2295.
First target will be 2600 where resistance can be seen.
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.
BEPL broke out after a fake out and a pull backSymmetrical triangle pattern broke out with good volume in BEPL. Appears bullish
Indiamart broke 200 DMA& we can expect the golden crossover soonThe bullish reasons for Indiamart's chart
1) Broken 200 EMA with good volume .
2) Broken Monthly CPR , which is a narrow inside CPR
3) Recently broken out of a triangle squeeze pattern
EQUITASBNK TRENDLINE RESISTANCE BREAKOUTEQUITASBNK breaking #trendline #resistance
with huge volume good rsi
MACD crossover done
educational idea only
HDFCLIFE C&H BREAKOUTHdfclife c&h pattern breakout
with huge volume and good rsi
MACD crossover done
near #target can be 760
educational idea only
Puravankara HNS breakoutBuy Puravankara Between 113-127
Stop loss: 96
Target 1: 162
Target 2: 200
Head and Shoulder breakout
Volume breakout
AFFLE C&H BREAKOUTAFFLE breaking c&h pattern
with huge volume
trading above 20 ema
#target can be 1360
educational idea only
Perfect morning star after a retracementA great opportunity to enter long after the presence of this clear morning star after a small retracement in the uptrend in daily chart
But in trading nothing works 10 percent .so,a decent stop loss in place.
About to give a breakout.can take position immediatelyPrice swinging near the resistance line with bullish candles could lead toa breakout where we can grab the target in short term with 1:1risk reward ratio
IRCON: Positive sustainable run upIntroduction:
NSE:IRCON , a leading construction and infrastructure company, is currently trading on the National Stock Exchange (NSE) at INR 58.55 . This technical analysis examines the stock's recent price action and provides a trading recommendation based on key technical indicators.
Technical Analysis:
IRCON is trading near the crucial Fibonacci level of 0.618 , attempting to break upwards. A bullish crossover has been observed in its Exponential Moving Average (EMA) and Moving Average (MA) indicators , suggesting a potential uptrend in the short term.
Additionally, the Parabolic Stop and Reverse (SAR) indicator is also favoring the bulls, which could signify a continuation of the positive price momentum.
Trading Recommendation:
Based on the above technical analysis, we recommend the following trade:
Entry: Buy IRCON at or above INR 58.55 (current market price)
Target 1: INR 61.30
Target 2: INR 64.20
Stop Loss: INR 55.50
Please monitor the stock for a breach of the Fibonacci level upwards before initiating a long position. The stop-loss order at INR 55.50 aims to protect capital against potential price declines.
Disclaimers and Disclosures:
This analysis is for informational purposes only and should not be construed as investment advice or a recommendation to buy or sell any security. The author is a not a technical analyst and not a registered financial advisor. The opinions expressed herein are solely those of the author and do not represent the opinions of the Premium wealth management firm.
Past performance is not indicative of future results. Investing in securities carries risks, including the risk of loss of principal. Investors should conduct their own due diligence and consult with a professional financial advisor before making any investment decisions.
Disclosure: The author may or may not have any positions in the securities mentioned in this analysis at the time of publication.
