Two Bullish Breakout Patterns in a Giant F&O StockA Bullish Breakout of On Neck pattern and a Rounding Bottom is visible on the Daily chart of NSE:BRITANNIA
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
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.
Weeklybreakout
Big Bullish Breakout in Reliance InfraA Bullish Breakout of Flag and Pole pattern is visible on the Daily chart of NSE:RELINFRA
MACD will gave Positive crossover on Daily and already given positive crossover on Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
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.
Bullish Breakout in ISMT LtdA Bullish Breakout of Flag and Pole pattern is visible on the Daily chart of NSE:ISMTLTD
MACD will gave Positive crossover on Daily and already given positive crossover on Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
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.
GRAPHITE - Weekly chart, Reversal SetupThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. This is a continuation breakout chart.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NAUKRI - Weekly chart - Major Trend Reversal, Cup & handle b.o.The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
NOTE - Usually Price Shows reversal with help of certain setups - Inverted H&S, Cup & Handle, Wedge pattern & Ascending Triangle Pattern.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Tracxn Technologies (Breakout Soon Stock)Tracxn Technologies can give a breakout above the 103.40 level. It has a possible side of 121, 136. One can place a stop loss of 93 levels on a weekly closing basis. Also, good volume can be seen on weekly time frames. 103 can act as a support level. The stock needs to close above the 103 level on a weekly time frame.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation
Weekly Breakout - KalpatruKalpatru is already in all time high zone in the monthly chart. If you had miss that then this candle has given a break out above the highest all time high level. Volume in weekly chart are very good. RSI is above 60 showing good Momentum and strength. Monthly chart RSI is also strong.
TEGA Industries looking goodTEGA stock was bearish from the time it was listed and never had given a weekly breakout over 620.
It has given a strong weekly breakout and looks like it can test the listing price once it gives a daily closing above 650 levels.
One can have keep a watch on it. This idea is shared just for educational purposes.
SMS Pharma Long Term Story - Weekly Charts signaling ReversalSMS Pharma can be Good Long term Investment with Pharma Sector showing the Buying Interest Again.
Weekly charts suggest Reversal in Trend & the Long Term investors can be rewarded by 2x-3x Returns in coming Years.
Targets Given purely based on Technical charts & No Fundamental Analysis done. Please do your Homework before taking any call on stock.
Happy Investing to my Friends!!