all time high breakoutGillette India LTD has broke its all time high with good volume on both daily and weekly timeframe.
GILLETTE trade ideas
Gillette India Limited - Breakout Setup, Move is ON...#GILLETTE trading above Resistance of 9802
Next Resistance is at 11182
Support is at 8140
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Gillette India Limited - Breakout Setup, Move is ON...#GILLETTE trading above Resistance of 8140
Next Resistance is at 9802
Support is at 7186
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Multiyear Range Breakout With Huge Volumes In Gillette1. Gillette made high of 8140 in October 2019
2. High of October 2019 has broken in September 2024 ( 5 Year Breakout )
Trade:
Buy 50% Here At Cmp 8528
Rest 50% If You Get Dip Around 8000/8100 Which Is Breakout Retest Level.
SL - 7150 ( Monthly Closing Basis )
3 Months Candle Low Taken As SL. Monthly Close Shouldn't Come Below This Level.
( Target 1 ) = 12000
October 2019 High - Jan 2023 Low + October 2019 High
8140 - 4135 + 8140 = 12145
( Target 2 ) = 16149
Draw A Fibonacci From October 2019 High To Jan 2023 Low
Retracement Level Of 3 Which Is 16149 Will Be Target 2
Time Frame - 2-3 Years
Fantastic Fundamentals Is Cherry On The Cake
Gillette NSEGillette has completed and broken out of a long rounding bottom and All Time High on a weekly Time Frame. Good for entry now
India Top Razor and Blades company Ready for 11k Target Gillette India one of the leading brand in personal care industry.
Breakout Came after 2019
Sales in 2019 vs Sales in 2024 - 1862/2633
Profit in 2019 vs Profit in 2024 - 384/627
Profit almost double in last 5 years
But the Stock Price CAGR only 4%
Promoter Holding is 75% + FII holding increase in last quarter and retail holding is decreasing
On Chart Breakout Comes after 2019 with Huge Vol. If you Notice in last few month the Vol. Bar increasing month by month with the Price.
At this Zone Risk Reward is in favorable condition for swing or positional trade. In the next week stock might retest the breakout zone around 8400 and after that we can expect good upside.
Breakout in Gillette India Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Cup and Handle Pattern in Info Edge
The Cup and Handle pattern is a technical analysis formation that suggests a bullish trend. It consists of two main phases:
Cup Formation: This phase resembles the shape of a cup, with a rounded bottom that indicates a period of consolidation. This is followed by a gradual rise in price.
Handle Formation: After the cup, the handle forms as a consolidation period or a slight downward drift. This handle should ideally be shorter in duration compared to the cup.
In the case of Info Edge, this pattern suggests potential for upward momentum following the formation of the handle. Traders often use this pattern to identify buying opportunities as the stock breaks out above the handle’s resistance level.
Potential upmove - GILLETTEBreakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs.
Wait for weekly close above the breakout level.
Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
Gillette Based on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
GILLETTEBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
GILLETTE INDIA - BIG MOVE AHEADGillette is showing RS compared to NIFTY50. After breakout it has retested breakout level and now again giving fresh breakout. next level will be 8000 and after that 10000 will be the level to watch.
Gillete- 8 ka funda 100>200 fOR bIG tARGETSGillete- 8 ka funda 100>200 fOR bIG tARGETS
Days = 90 , gap = 1.05, range = 0.35
1) RAnge breakout possible
Gillette in a trend zoneGillete in July had a very huge volume but was not able to sustain at higher leve of fibonnacci and its correcting.
Looking at chart its in a trend and if it breaks last weeks low and closes below it then it may fall below 4800 where it has a strong support zone. Wait for the trend line breakout on either side. This is not intraday stock hence will not rise daily.
On Monthly the MACD has a positive crossover
#GILLETTE INDIA #NSE - BREAKOUT ALERTGILETTE INDIA - Getting tighter for a breakout. Maybe in a few days.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
Cup & Handle pattern 📌Cup & Handle pattern
✅Add to your watchlist
GILLETTE
+ The stock is in an uptrend
+ Nice Volume buildup
+ Volatility and volume being contracted
+ Trading above Key EMAs
28% up potential Bullish on Gillette
28% up potential on a year.
Good buy at this price
Already moved suffecient as now is in momentum.
Wait approx 1 year
GILLETTENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
gillette india- break outthe share has broken the previous support/resistance line, with increased volume. the last session candle was almost a marubozu candle.
wait for one more candle to form above to confirm the trend. else for a retest at the previous resistance/now support levels.
on retest but @ 4748 with sl below the raising support trend line.
target could be 4978/5234/5390
this is my out look of the stock and is not an invite to trade. I am not a SEBI registered IA.
It might be the future of some stocks.It broke an 11 year trend line in Nov 2019. Similar things are happening in DMART, PGHH and COLPAL. As in a sector there are stocks which top first and some take time. It could be that GILLETTE topped in 2020 and others could be starting now.
