UNIDT- Lets see random JumpUNIDT- Lets see random Jump ) Lowest level 2) Rejection done 3) In buying zomeLongby saurav09910
TrendReversal !! Invest !!🟢Its trading much below the ATH price. Monthly RSI crossed 55. 🟢2W charts indicate capitulation and trend reversal near 78. 🟢Momentum invest trend follower given buy signal in W chart. 🟢Invest in ZODIACLOTH @115. Add on decline @108/92 SL=78 MCB.Longby TradersVenueUpdated 0
Bullish Breakout: Hikal Ltd Indicating Breakout Above 330Details: Asset: Hikal Ltd (HIKAL) Breakout Level: Above 330 Potential Targets: 430, 460, 600, 740 Stop Loss: Below breakout level or as per risk tolerance Timeframe: Medium to long-term Rationale: Hikal Ltd (HIKAL) has been consolidating since March 2023, and a breakout above the 330 level could signal a significant bullish move. Sustaining above this level may pave the way for a substantial uptrend with potential targets at 430, 460, 600, and 740. Market Analysis: Technical Breakout: A breakout above 330 following a long period of consolidation indicates a strong bullish signal, potentially attracting increased buying interest and driving the price higher. Consolidation Phase: The extended consolidation from March 2023 suggests that the stock has been building a solid base, and the breakout could lead to a powerful uptrend. Price Targets: First Target: 430 Second Target: 460 Third Target: 600 Final Target: 740 Risk Management: Implementing a stop loss strategy below the breakout level is essential to manage risk in case of unexpected price reversals. Timeframe: The projected move for HIKAL is based on a medium to long-term outlook, given the extended consolidation period and the potential for significant upside. Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio. As with any investment opportunity, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making trading decisions. Longby CyborgTradingHub0
Harsha Engineers INT By KRS Charts Date: 22nd May 2024 Time: 10:33 AM Harsha Engineers INT is fundamentally strong and profitable company. Technically, >>> It has showed very strong breakout from its all-time range after giving Higer Low from the lowers price point. >>> Chart Pattern is big W pattern we can see in Chart too. >>> RSI- Above 60. MACD is also Positive. Above 100 EMAs Target will be ATH price points and further.Longby KRSChartsUpdated 0
Radhika Jeweltech Triangle Pattern Breakout& Retest in 1 HR TF This share has given a Triangle Pattern Breakout in 1HR TF with Volumes CMP:61 Tgt: 68,72,76,80+ SL: 52 WCB Chart only for Educational Purpose !! Longby diliprrv0
Page Industries - Madras dynamicPage Industries - Madras dynamic 1) ZOne break 2) Above red 3) lets seeLongby saurav09910
United Spirits reversalUnited Spirits has taken reversal from the trendline with Targets of 1340 with SL 1246. Hammer formation todayLongby piyushkaushal90
Piccadily agro giving signs of reversal on RSIPiccadily showing signs of reversal on RSI, must touch 4 digit mark soon. Longby MohitBaid1
MAhaapex - NPMNPM latest quarter > NPM preceding quarter AND NPM latest quarter >12% AND Price to Earning < 15MLongby saurav09910
JINDALPOLY CMP 704Jindal Poly Films Limited is a part of the B.C. Jindal group. It is the largest manufacturer of BOPET and BOPP films in India. The company produces BOPET, BOPP, CPP, Thermal, Metalized and Coated Films. - Double Bottom - Weekly Supertrend crossing Price Stock PE: 43.1 Market Cap: 3082 CrLongby anujmehta150
Reversal Broadening Wedge pattern in VOLTASVOLTAS LTD Key highlights: 💡⚡ 📈 On 1 Hour Time Frame Stock Showing Reversal of Broadening Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Above 1595+. 📈 There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 1688+. 📈 Can Go Long in this stock by placing a stop loss Below 1427-. by TradZoo1
Avalon Technologies' stock price has been consolidating within a### Stock Buy Recommendation: Avalon Technologies (NSE) Summary Avalon Technologies (NSE: AVALON) is currently trading at ₹540. The stock has recently formed a bullish triangle pattern, indicating a potential breakout. Based on technical analysis, this pattern suggests a potential upside of approximately 30%. This recommendation outlines the technical basis for this projection and provides actionable insights for potential investors. Technical Analysis 1. **Triangle Pattern Formation**: - Avalon Technologies' stock price has been consolidating within a symmetrical triangle pattern over the past few months. - A triangle pattern typically indicates a period of consolidation before a breakout, often leading to significant price movements. - The stock has formed higher lows and lower highs, converging towards the apex of the triangle. 2. **Breakout Potential**: - The breakout from the triangle pattern is expected to occur soon, with the stock approaching the apex. - Volume analysis shows an increase in trading volumes, indicating growing investor interest and supporting the breakout hypothesis. 3. **Price Projections**: - The height of the triangle pattern, measured from the highest point of resistance to the lowest point of support, is used to project the potential breakout target. - Applying this height to the breakout point gives an estimated target price, suggesting a potential upside of approximately 30% from the current price of ₹540. 4. **Support and Resistance Levels**: - Key support levels: ₹500, ₹480 (base of the triangle pattern). - Key resistance levels: ₹600, ₹620 (initial breakout targets). #### Investment Thesis - **Bullish Momentum**: The technical indicators, including moving averages and volume trends, support a bullish outlook for Avalon Technologies. - **Market Conditions**: Current market conditions and sector performance further bolster the positive sentiment around the stock. - **Risk-Reward Ratio**: With a clearly defined support level and a significant upside potential, the risk-reward ratio is favorable for investors. #### Actionable Recommendations 1. **Entry Point**: Buy Avalon Technologies stock at the current market price of ₹540 or upon confirmation of the breakout above the upper resistance level of ₹600. 2. **Target Price**: Set a target price of ₹702, representing a 30% upside from the current price. 3. **Stop-Loss**: Implement a stop-loss order at ₹480 to manage downside risk and protect capital in case the breakout fails to materialize. #### Conclusion Avalon Technologies presents a compelling buy opportunity based on the bullish triangle pattern with the potential for a 30% upside. Investors are encouraged to consider this stock for their portfolio, keeping an eye on the breakout confirmation and adhering to the recommended risk management strategies. --- **Disclaimer**: This recommendation is based on technical analysis and should be considered as part of a diversified investment strategy. Investors are advised to conduct their own research and consult with a financial advisor before making any investment decisions.Longby Gokulakrishnan4
AARTI IND 1HRINTRADAY TRADE - EARN WITH ME DAILY 10K-20K – AARTI IND Looking good for Downside.. When it break level 708 and sustain.. it will go Downside... SELL @ 708 Target 1st 704 2ND 699 AARTI IND JUN FUT – MINIMUM 10L CAPITAL Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. ANY QUESTION RELATED...ASK ME.. @TradingView Shortby Prashant019Updated 5
ATUL LTD 1HRINTRADAY TRADE - EARN WITH ME DAILY 10K-20K – ATUL IND Looking good for Downside.. When it break level 6484 and sustain.. it will go Downside... SELL @ 6484 Target 1st 6446 2ND 6405 ATUL JUN FUT – MINIMUM 10L CAPITAL Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. ANY QUESTION RELATED...ASK ME.. @TradingViewShortby Prashant019Updated 3
Polyplex - Classic double bottom chart patternClassic double bottom chart pattern formed in Polyplex. Price has corrected from top and after 2 years forming a bullish reversal chart pattern called double bottom. Double bottom is a bullish reversal pattern is forming after a strong downtrend. Price is printing lower top and lower bottom and finally price has settled at 760. Twice touch bottom at 760 formed a support and finally breakout of price swing high 960 confirm the double bottom chart pattern. Target would 1150..Longby Cfa_Arvind1110
ROTO - RISING WEDGE BREAKOUT (POTENTIAL FOR UPSIDE)Hi All, This is about Roto Pumps Fundamentals: Market Cap - 1680 Cr Stock PE - 42.9 EPS - 12.5 ROCE - 24.4% ROE - 22% Promoter Holding - 67.3% Quick Ratio - 1.35 D/E - 0.27 Technicals: Strong chart since Nov 22. Price action was moving in the pattern of rising wedge but recently given a strong breakout on good volumes which can take the price to higher levels very soon Demand seems to be exceeding supply & should witness less profit booking taking the stock price sharply towards north side Hope you enjoy this idea, Happy Trading, Thanks, Stock-n-ShineLongby Stock-n-Shine3
HUHTAMAKI - 10 YEAR CLEAN BREAKOUT (WEEKLY CHART)Hi All, This is about Huhtamaki India Ltd Fundamentals: Market Cap - 2959 Cr Stock PE - 27 ROCE - 12.5% ROE - 13% Promoter Holding - 67% EPS - 53 PEG - 0.83 Quick Ratio - 1.56 Debt to Equity - 0.22 Technicals: 10 year breakout on weekly chart with good volume support. Expanding moving averages after a tight consolidation Should wait for today's closing before taking the trade Hope you will enjoy the trade, Happy Trading! Thanks, Stock-n-Shine Longby Stock-n-Shine7
Bank of Maharastra Making Rising WedgeBank of Maharastra is currently making a Rising wedge pattern. It is also making a shooting star at the upper line of the wedge signifying selling pressure.. The price if breaks out of the rising wedge in coming weeks can drop to 55 levels where it has support.Longby brijmohan_hUpdated 4
MARKSANS PHARMA is in Wave 3 after Multi-Year Breakout!!Analysis Date: June 24, 2024 Marksans Pharma Stock Analysis: General Trend: The stock was in range for years, the previous monthly high for Marksans Pharma was Rs. 115 in August 2015. According to Elliott Wave theory, this marked the completion of Wave 1, followed by a correction and completion of Wave 2 on March 2020 and entered Wave 3. A breakout above the previous monthly high of Rs. 115.10 was recorded in July 2023. In August, September, and October 2023, the price retested the previous high and broke out again in November, accompanied by good volume. Entry and Exit Points: As per ichimoku the stock still in bull mode in monthly time frame and good accumulation last few months between 140-180. Long-term Perspective: The accumulation price range is a good area to buy the stock, with a stop loss set at Rs. 110 (monthly candle close not spike). Short-term Perspective: Fresh buyers can enter at CMP 162 and keep averaging till near the bottom of the accumulation zone and exit near the high of the range or hold or for two supply zones till 270. The stop loss will be1 hour candle close below RS. 135. Expected Target: Marksans Pharma is expected to hit supply zone 1 and 2 marked in the chart, once it breaks out of the accumulation zone. This target is derived based on the application of Fibonacci extension. Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.Longby WaveMoku2
HCC LONG|LONG TEREM|2XHindustan Constructions Breakout level - 52.50 (Check for retest) Buying level - 53 Add at dip - 47 SL- No SL , charts looks good , if required below 44. Long term position= add at dips Disclaimer: For study onlyLongby marketgoatofficial5
Suzlon Suzlon Analysis is almost complete 💯✅📉📈🎯🔥. TECHANICAL ANALYSIS WAVE 🌊 ANALYSIS Longby Kishor637
Multi year breakout with good volumesMulti year breakout with good volumes. This breakout occured after a good consolidation. Longby nsdtrading0