Prakash Industries Ltd. is an interesting chart with following 1. Price Breakout from last 10 month's Consolidation 2. RSI on all time frames above 60 3. Narrowing Bollinger Bands with price walking on upper Bollinger Band 4. Price Rise with huge Volume bars 5. Major Support near 170- 192 zone A stock to keep on Radar ; A breakout will it Sustain or fizzle...
Bank Nifty gave a breakout of the Descending Broadening Wedge on a 1 hr time frame but it is yet to find the momentum to move forward. Meanwhile, a smaller ascending wedge is formed within the larger broadening wedge and ready to give a breakout. So trade as the price action develops. For Paper Trading and Educational Purposes only.
Technical Analysis BUY : 2514 SL : 2505 TARGET : 2543
Hello Traders, Lupin is all set to break the Cup of almost 9 Yrs. Sector is Performing well & Stock is in the radar. Kepp the eyes on this stock, with high volatility it will give upto 20% in single swing trade. Facing resistance on from 2 weeks in Daily chart just wait for the Breakout to Happen on Hourly & all set to Go. Monthly , Weekly & Daily Rsi...
Wyckoff Story Prior to trading range we were in uptrend and then we have Stoping action and CHoCH (Change of character). Let’s assume our bias is accumulation based on CHoCH as we don’t see lot of supply in the CHoCH. Down wave Analysis We can see that the volatility of the down wave is decreasing from Phase A to Phase D, confirming the accumulation...
Being always we have seen the gaps any left in the rally are filled back n forth and a similar gap between 01/12/2023 - 04/12/2023 is still there alive. We might feel the conditions to be optimistic but the reality is euphoria where any corrective move with 1%+ seen on any single day will be causing bigger impacts.
Wyckoff Story Prior to trading range we were in uptrend and then we have Stoping action and CHoCH (Change of character). Let’s assume our bias is accumulation based on CHoCH as we don’t see lot of supply in the CHoCH. Down wave Analysis We can see that the volatility of the down wave is decreasing from Phase A to Phase D, confirming the accumulation...
NDR Auto Components has demonstrated a powerful upward move, closing at ₹1,639.10, reflecting an impressive 17.35% gain. Key Observations: Bullish Breakout: The price action has decisively broken out above a rising trendline, which had been acting as a resistance level for a considerable time. This breakout is accompanied by strong volume, indicating investor...
Date 26.08.2024 Laxmi Organic Industries Timeframe : Day chart NSE: LXCHEM Breakout once cross 290-294 Regards, Ankur
In MTF we can see a BO of Trend Line with Highest Volume This can be a Systematic Trading Plan kind of a trade, if you want to know more about STP, see my video published on TV on 26 Aug, you will have clarity.
It is in a flag n pole pattern and its financials are also very good and FIIS are also interesting in this. FIIS has increased its stake by 8% this quarter. Date(Transcript ) EPS %Chg Sales(Cr) %Chg Jun-24 0.08 +33% 10.7 +30% Mar-24 2.24 +1936% 23.0 +109% Dec-23 0.12 +400% ...
Trading is a game of Probabilities. When you figure out that a trade is a losing trade within a few days of buying, don't shy away from exiting it instead of hoping for it to move Big winners move from day 1 and give follow through on day 2/3 and keep moving higher by at least 15%-20% in 1-2 weeks.
BANKBARODA trend line breakout with good green candle and good volume. expect good short move in upcoming sessions
GUJGAS LTD reversing from support line good price action near support line. expect good reverse
Rectangle breakout done , RSI also looking bullish. Mrs. Bectors Food Specialities Ltd was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995. It manufactures biscuits and bakery products that are marketed under Mrs. Bector’s Cremica and Mrs. Bector’s English Oven brands, respectively. Mrs. Rajni Bector started the enterprise in 1978...
Almost 10% Up from the breakout.. Tata elexi Trendlyne breakout done Target can be 8200
Price Action Overview Of Jupiter (JUP) A look at Jupiter's chart showed that 2024 was delightful for the JUP's investors. Starting from Feb-end of 2024, showed major development on the chart from the demand zone at the $0.49 level. As the price advanced higher by more than 330% and peaked at $1.84 by March-end and gave a strong performance in the first quarter....
The stock is in a very strong up-trend. As per its past price behavior after breakout from all time high, the stock is currently witnessing a sideways phase. Soon, the up-move is expected to resume. Monthly RSI sustaining 50 level is also a sign that up-move is intact. Bullish outlook remains valid as long as price sustains 90.