Tejas Network on weekly timeframeAttempting for falling trendline breakout again with immediate support around 1320. For the past 6 weeks it's within the range of 21st October week candle- in that case, base support is at 1230 and if it breaksout, sustaining above 1426 is very important. by skbvidya0
Uniphos Enterprises cmp 157.51 by Weekly Chart viewUniphos Enterprises cmp 157.51 by Weekly Chart view - Price Band 174 to 180 Resistance Band - Price Band 143.50 to 148.50 current Support zone - Price seemingly respecting Rising Support Trendline - Volumes increase needed, been way below avg traded quantity - Stock Price moving upwards post testing retesting the Support Zone - Weekly Support at 174 > ATH 195.50 with Resistance at 132 > 111 > 85by PIYUSHCHAVDA0
MOIL LEVELS 08.12.2024MOIL forming inverse heading and shoulder pattern, once it's come right shoulder (retracement) @ 310-320 buying opportunity target will be 350- 410 Stop Loss 280 @ Daily candle closing basis (DYOR)by albnsecurities2
Double Bottom + Inverted Head & Shoulder Pattern Breakout✅ Angel One has broken out of a long-term descending resistance trendline, confirming a double-bottom + inverted head & shoulder pattern on the daily chart. The stock is trading near the 3400 resistance zone, with strong volume indicating bullish momentum. Sustaining above 3400 could lead to a rally towards 3900 and higher levels. Traders can look for a retest near 3300 for better risk-reward entries.Longby Marketik5
Eris Lifesciences Approaching Resistance Zone: Keep In Radar✅Eris Lifesciences is trading near a key resistance zone at 1500 after a strong uptrend, supported by higher lows forming an ascending triangle pattern. Sustaining above 1500 with volume could trigger a fresh breakout, leading to targets of 1600 and beyond. Positional traders may consider entering on a breakout or a retest near 1450.Longby Marketik2
Breakout Above Resistance With High Momentum ✅EMS has broken out of a descending triangle pattern on the daily chart, crossing the key resistance at 880 with significant volume. Sustaining above this level could lead to further upside, targeting 950 and beyond. The strong volume spike supports the bullish breakout, and the RSI is trending higher, indicating strong buying momentum.Longby Marketik1
MTNL has successfully broken out of descending triangle pattern ✅MTNL has successfully broken out of a descending triangle pattern on the daily chart, closing above the key resistance level of 50. Sustaining above 50 with strong volume could lead to a rally towards 60 and beyond in the short term. The RSI is trending upwards, indicating growing bullish momentum, making it a strong candidate for a positional trade.Longby Marketik1
Maithan Alloys Breakout from Descending Triangle✅Maithan Alloys has decisively broken out of a descending triangle pattern on the daily chart, crossing the resistance at 1180 with strong bullish momentum. Sustaining above this level could drive the stock towards 1280–1300 levels in the near term. RSI above 70 indicates strong buying interest, supported by increased volume, making it a favorable setup for positional traders.Longby Marketik0
Breakout from Descending Channel, Looking Very Strong ✅The stock has broken out of a descending channel on the daily chart, crossing the key resistance zone near 70 with strong volume. Sustaining above this level could lead to further upside towards the 76-80 range. RSI above 70 signals bullish momentum, making it an attractive setup for trend-following traders.Longby Marketik0
Strong Breakout From Falling Wedge Pattern✅The stock has successfully broken above the falling trendline resistance at 750, supported by strong volume. Sustaining above this level can propel the stock towards the 800-820 zone in the near term. RSI indicates rising bullish momentum, making it an attractive opportunity for traders to follow the breakout.PLongby Marketik5
Breakout from Key Resistance: Keep In Watchlist ✅The stock has decisively broken above the resistance level at 270 with strong volume, signaling bullish momentum. Sustaining above this breakout level can lead to further upside toward 300 and beyond. The ascending trendline provides strong support near 230, offering an ideal risk-reward setup for positional traders.Longby Marketik1
Time Technoplast : Bullish Continuation Pattern✅The stock has broken out of a strong resistance zone at 460 with high volume, signaling bullish momentum. Sustaining above this level, it could target 500 and beyond in the near term. The ascending trendline and 100 EMA at 366 provide robust support, offering a favorable risk-reward setup for positional traders.Longby Marketik1
Goldiam International- Breakout from Long-Term ResistanceThe stock has broken out of a long-term descending triangle pattern on the weekly chart. The breakout above 400 marks the end of a consolidation phase that lasted nearly two years. If the stock sustains above 400 with continued volume, it could see a strong rally toward 500 and beyond. A retest of 400 as support would provide an excellent buying opportunity for positional traders. Longby Marketik2
Gabriel India - 15% upside potentialDaily Chart: Double Bottom formation along with Bullish RSI divergence Neckline + Horizontal Resistance Break Massive Volume Spike Trade Execution Entry - Wait for Retest near 470 levels Stop Loss- Below Breakout Candle + 200 EMA daily Buy at CMP 2267 and add more towards 200 range @434 Target 1 - All time High 548 Longby NoobInvestor_7644103
JSWENERGYReasons to consider going long on JSWENERGY 1. Bullish Reversal Patterns: • The green candle on horizontal support could signify a potential reversal. 2. 200-Day Moving Average as Support: • The 200-day moving average is a key long-term support level. A bounce from this level often attracts institutional interest and signals strength in the stock. 3. Relative Strength vs. Nifty: • Positive relative strength suggests that JSWENERGY is outperforming the broader market, making it a strong candidate for an uptrend continuation. 4. Sector Support: • Nifty Energy index taking support on its horizontal support increases the likelihood of a sector-wide bounce, which could positively impact JSWENERGY. Waiting for confirmation with a CHOCH (Change of Character) on the 1-hour timeframe is a solid approach. Here’s a structured plan based on that: 1. Wait for CHOCH on 1-Hour: The CHOCH would confirm a potential shift in market structure, signaling the beginning of bullish momentum. This adds more reliability to the trade setup. 2. Entry on Retest / FVG / IFVG: • Retest: After the CHOCH, a retest of the breakout zone could provide an optimal entry, ensuring the breakout holds. • Fair Value Gap (FVG): If an FVG appears within this structure, entering here could capture the shift in momentum at a lower-risk point. • Imbalance Fair Value Gap (IFVG): An entry on an IFVG could further refine your risk-to- reward ratio, especially if market liquidity fills these gaps.Longby AryanDixit113
Nestle - good investment oppurtinityBuy Good Businesses when Market is Fearful!! Strong Fundamentals Market Cap ₹ 2,18,652 Cr. ROCE 169 % and ROE 135 % Debt to equity 0.09 10 year median PE 72.4 vs Current PE 68 YoY Sales Growth YoY EPS Growth OPM 24% Monthly Chart: Stock fell bout 22% compared to 10% Nifty last 3 months price showing support at confluence of + 30 EMA monthly + upward sloping trendline + Horizontal demand zone Trade Execution Buy at CMP 2267 and add more towards 200 range Target 1 - All time High Longby NoobInvestor_762
NEWGENNEWGEN seems stronger and giving resistance breakout with increased market participation. Overall market is also on positive sentiments. Seems NEWGEN is heading towards new high in coming days. Shortterm momentum might start in coming session. Keep it on radar.Longby vinithshah91
Angel One - good fundamentals and technicalsWeekly Chart Rounding base and Cup and Handle formation followed by Neckline Breakout Recently Highest ever volume spikes seen and average volumes increasing Fundamentals are descent, business with approx. 45% OPM Recently Angel One received mutual fund licence Stock outperforming NIFTY based on Comparative RS MACD, RSI and ADX supporting bullish bias Trade Execution Buy above CMP 3292-3150 range Stop Loss below breakout candle low - 2838 on weekly basis Target 1 - 3791 ATH Target 2 - Cup & Handel Pattern Target 4500 Trail with EMA 20 or SuperTrend 10,3 on daily chart Longby NoobInvestor_76221
Weekly Breakout in ANGEL ONECup & Handle Breakout Setup RSI near 65 and rising Trading above EMA50 Volume increasing Disc: for study, not a recommendation Longby plus_charts1
COAL INDIA MONOPOLY PICK Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but not SEBI register investment advisor. COAL INDIA IS MONOPOLY COMPANY IN INDIA WITH V.GOOD DIVIDEND YIELD OF MORE THAN 6%.STOCK IS TRADING ABOUT 25% DOWN FROM ITS ALL TIME HIGH GOOD TIME TO ACCUMLATE AND IT IS NEAR MONTHLY SUPPORT. EXPECTING TARGETS OF 650+ IN YEAR.. Longby premganatraa5
Skipper Ltd Breakout: Aiming for New Highs with Strong MomentumSkipper Ltd has given a strong breakout above its consolidation zone on the daily chart, supported by rising volumes, indicating bullish momentum. The stock is trading well above its 21 EMA (₹565) and 50 EMA (₹532), confirming an uptrend. A buy can be considered at the current price of ₹622 or on a pullback near ₹610, with a stop-loss at ₹590. The immediate target is ₹650, followed by ₹680. Monitor the breakout for sustainability and align the trade with overall market sentiment.Longby piyushr4010
RVNL Forming Good Patterns. Ready for an upmove?RVNL At a support level and forming multiple patterns. It offers good RR at this level. - Double Bottom -Cup & Handle -Trendline Breakout. -Candles were narrow right before a breakout and volumes were dry during the pullback. Positional SL is 13%, If you are an aggressive player then you can place the SL below 428. Adjust the SL and Targets as per your style/appetite. 520 will be a crucial level. Watch the PA there and decide on booking/further addition or fresh entry. Please consult with your financial advisor before investing. The chart shared is for educational purposes. Longby sagartharayil2
Himatsingka Seide - Cup and Handle PatternA Strong buying seen by Fii and Dii in this stock. Stock has given a cup and handle pattern breakout @ 190 level. Buy @ 190-195 Sl 150 Target : 230-260-310 Time frame : Medium Expected return : 60% Longby Nimble_Pesos10