Weeklybreakout
Supriya- A breakout done for potential multibagger returns!Supriya Lifescience stock has given a beautiful rounding bottom pattern breakout in weekly TF
Stock has consolidated above the breakout level which shows strength of breakout.
Above 650, stock can fly towards 1000 levels.
Keep in watchlist. Not a recommendation.
Jubilant Pharma-Consolidation breakout can give good returnsJubilant pharmova has been trading in a big range since last few years.
Stock has managed to close above the resistance and has also retested the breakout.
Stock has potential to fly from this levels.
Keep stock in watchlist. A nifty500 stock and hence can be relatively safer option.
Not a recommendation.
CREST - 8 Months Consolidation Breakout - All Time HighCrest Ventures Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (February, 2024). Now, It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Weekly Time Frame.
3) The stock may find it's next resistance around the price (790 - 34.25% from the current price 588.45).
4) Recommendation - Strong Buy.
Campus- A high risk bottoming breakout for multibagger returns!Campus is a typical example of bottoming breakout done with volumes.
I had given it as an example of falling knife stock but now looks good for a U-turn.
ATH from here means 2x returns.
Please note that Stock doesn't have good fundamentals currently.
Invest as per your risk appetite after discussion with financial advisor. Not a recommendation.
UTIAMC-DO NOT MISSLogic-Simple weekly resistance breakout, retest and continuation.
Weekly closing above 910 will be a confirmation. 1000 will be immediate resistance.
A good investment stock for long term as well available at a fair valuation with more than 2% dividend yield. I am expecting similar rally as HDFC AMC in this stock but move would be slow.
Not a recommendation, just my personal opinion!
TATA TECHNOLOGIES LTD FALLING WEDGE BREAKOUTTata Technologies Limited
It has shown Termendous breakout with
3 weekly higher high closing candles which will lead to two big green candles in short term-
for a target of 1400.
Then it will consolidate before starting next leg of run-
For target second that is of 1830.
IPCALAB - CUP AND HANDLE PATTERN WEEKLY CHARTThe stock has formed CUP & HANDLE pattern
on the WEEKLY chart.
One can enter above 1383 or Wait for weekly candle close above 1383 with a strict Stoploss of 1240
Target 1 - 1650
Target 2 - 1820
Target 3 - 2000
#LONGTERM TRADE
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EPL - Swing Trade Analysis - 14th August #stocksEPL (1W TF) - Swing Trade Analysis given on 14th August, 2024
Pattern: CUP & HANDLE BREAKOUT
- Resistance Trendline Breakout - Done ✓
- Volume Buildup at Resistance Trendline - Done ✓
- Pullback Candle with Strong Volumes - Done ✓
- Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
IMAGCIAA World LTD (Range Breakout On WTF)IMAGCIAA World LTD has given a Range Breakout on Weekly time frame with good volume. The stock can possibly head towards 120, 150 levels in the coming few weeks. Stop loss could be placed at 76.25 (low of weekly closing).
Disclaimer: This post is for educational purpose, and not a recommendation. I am not a SEBI registered analyst. Investors must consult a financial advisor before making any investment.
ICICIPRULI & DEEPAKNTR - Breakthrough of the Rounding Bottom ICICI PRUDENTIAL
The stock experienced an upward trend, forming an Ascending Broadening Wedge pattern that suggested a bearish outlook.
Following a breakdown, the stock price fell sharply and entered a consolidation phase.
During this period, the stock exhibited progressively smaller price fluctuations, establishing a series of consolidation bases, each one tighter than the last, formation of a Volatility Contraction Pattern.
After breaking through this phase, the price reached an all-time high and is now set to climb even further.
DEEPAK NITRITE
During the upward trend, the stock price established a Pole & Flag pattern, signaling a continuation of the trend.
However, following the breakout, the price underwent a significant consolidation phase, resulting in the formation of a Rounding Bottom pattern.
Recently, a breakout has taken place, indicating that the price is poised for an upward movement.
Weekly Bullish Flag pattern breakoutA Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of NSE:SANSERA
MACD already gave Positive crossover on Daily and Weekly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
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Risk Disclaimer:
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
Short Term Trading Idea in Asahi India Glass for > 10% Upside Hi,
NSE:ASAHIINDIA has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily and weekly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
NBCCNBCC
my study points
1) M ,W , DAILY break-out
2) break-out with high volume spike
4) chart pattern rounding bottom
5) fundamentally strong stock
6) Company has reduced debt.
7) Company is almost debt free.
8) Company has been maintaining a healthy dividend payout of 44.4%
holdings :-)))
a) Promoters 62%
b)FIIs & DIIs 14%
c) Public 24%
news :- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
16 Jan - Of work orders received by NBCC (India) Limited amounting Rs. 138.95 cr (approx.)
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“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts /calls , please consult your financial advisors. Thank you
STARHEALTH (Trendline Breakout Seen on WTF)Star Health and Allied Insurance Company Ltd (STARHEALTH) has given a trendline breakout on the weekly chart frame (WTF). The stock could head towards 610, 650 in the coming few days. Also, increasing volumes can be seen on the WTF. The stock is also trading above 200 EMA level, which is placed at 558 (on daily time frame). Stop loss can be placed at the low of the current weekly candle, which is 555. #STARHEALTH
Disclaimer: This post is for educational purpose, and not a recommendation. I am not a SEBI registered analyst. Investors must consult a financial advisor before making any investment.
Momentum Trading Picks - Alembic Pharma & Quess Corp.Alembic Pharma
The stock encountered several rejections around the 1,130 level, leading to a significant correction in price.
Eventually, it found support near the 460 level and began to climb upwards.
During this upward movement, a Bullish Pole & Flag pattern emerged in the stock price chart, suggesting a potential continuation of the trend.
Following a breakout, the price trended upwards with a minor pullback before recently achieving a breakthrough with strong volume support.
Quess Corp
The price had been trending upwards within a parallel channel until it broke below, leading to a correction.
After that, the stock underwent a consolidation phase before gradually moving upwards.
A reversal in the downtrend was indicated by the formation of an Inverted Head & Shoulder pattern during this period.
The recent strong breakout suggests that the price is poised to continue its upward movement.
Get ready for a price surge with Dr Reddy & TTK Prestige!DRREDDY
After the market crash in March 2020, the stock began a steady upward movement and formed a Bullish Pennant pattern.
After breaking out, the price surged and encountered resistance multiple times near the 5,550 level.
Consequently, the stock price experienced a significant drop and entered a prolonged consolidation phase.
During this phase, an Inverted Head & Shoulders pattern emerged on the chart.
Most recently, a breakout has occurred, causing the stock to move higher.
TTKPRESTIG
The stock price has developed a Head & Shoulder pattern on the weekly chart.
After the pattern breakdown, the price underwent a significant consolidation period and created a Double Bottom pattern, suggesting a potential reversal in the trend.
By breaking above the pattern's neckline, the price is now moving upwards with a substantial potential for gains.
MPHASIS (Weekly Breakout Candidate)MPHASIS (CMP: 2,873) has given a breakout on weekly chart. The stock has formed a cup and handle pattern on weekly chart. Possible upside from current level remains for 3,000, 3,200, 3,500. Also increasing volumes can be seen on weekly chart. #MPHASIS
Disclaimer: This post is for educational purpose, and not a recommendation. I am not a SEBI registered analyst. Investors must consult a financial advisor before making any investment.