Net Web Tech Growth stock had a excellent run through the year will this support hold? if it holds it will be HL
NETWEB trade ideas
Netweb, probable breakout 1Da good probability setup in netweb, 1d timeframe.
sellers are getting exhausted 2900 area
NetWebThe chart looks bullish. The resistance is getting tested again and again with higher lows. Once the resistance breaks, the target is marked. The longs can be initiated only if the price stabilizes above the resistance zone.
10% Move Left in Netweb towards upsideAs we can see in the charts there is support and the stock is at the support we can take easily long with a minimal stop loss of around 1.5% which will take us to the targets of around 10%
Netweb | Bullish |Netweb appears to be in a strong bullish phase, with the potential to break out if it surpasses the 3,200 resistance. Watching for a decisive move above this level with volume would be ideal for further upside confirmation.
#BullishTrend #BreakoutPotential #Netweb #StockAnalysis #Uptrend #StrongSupport
Turning Bullish: Netweb tech. India Ltd.Netweb tech. India Ltd. is testing the resistance of 2925 levels.
Volume buildup is confirming the bullish trend.
20 EMA is above 50 EMA.
RSI is over 63.
Retesting of the level is done.
The cup and Handle pattern confirms that the upside potential is huge.
It qualifies as a breakout candidate.
Breakout soon in NETWEBAscending Triangle Breakout Setup
RSI above 60 and rising
Trading above EMA50
Volume accumulation
Near to 52wk high
4+ months of consolidation
Good quarterly earnings
Enter after confirmation
Disc: for study, not a recommendation
Netweb Technologies - Nearing breakout zone on weekly chartOn weekly chart, Netweb Technologies is nearing its breakout zone.
A cup pattern followed by a base consolidation with higher lows makes it an ideal stock to keep in your watchlist.
Buy zone: 2925-3050
Stop loss: 5-8% basis one's risk management.
Initial target: 3500-3600
Note: Not a buy/sell recommendation. Please consult your financial advisor.
Reversal in NETWEB Ascending Triangle Breakout Setup
Bounce from important support and EMA100
RSI reversal
Trading above EMA50
Volume spurt
Near to 52wk high
Disc: for study, not a recommendation
Netweb Gearing Up for a Breakout: A Technical AnalysisNetweb Technologies has been under the radar lately, with its stock showing price action that could lead to an exciting move. After hitting an all-time high, the stock went into a consolidation phase, but several technical signals suggest it might be preparing for a breakout. Let’s dive deeper into what’s happening and why this stock could be on the verge of a bullish move.
📊 Consolidation with Rising Volume: A Key Signal
One of the standout features during this consolidation period is the increase in volume on rising days. This is a classic signal in technical analysis, where higher volume on bullish bars indicates that buyers are stepping in with conviction. Although Netweb recently tested its resistance level, the stock hasn't broken through yet. However, it’s showing some promising signs that a breakout could be imminent.
Failed Resistance Break : A few days ago, the stock attempted to break through its resistance level but failed, pulling back with relatively low volume. This pullback is a healthy sign as it indicates that sellers aren't as strong, giving bulls another chance to take control.
Small Base Formation Near Resistance : A small base has formed just below the resistance level. When a stock consolidates near resistance, it suggests that buyers are gradually absorbing the selling pressure, often a prelude to a breakout.
No Supply Zone on Daily or Higher Timeframes : Another bullish factor is the absence of a supply zone on the daily and higher timeframes. With no immediate overhead resistance, there’s less to stop the stock from moving higher once it breaks out.
🎯 Trading Plan: Set for a Potential Breakout
If you're planning a trade on this setup, here’s a possible approach. Buying on today’s candle could be a smart move, with at least a 1:2 risk-to-reward ratio in mind. You can ride the rally by trailing your stop-loss, ensuring you lock in gains as the stock moves in your favor. On the downside, if your stop-loss is hit, it’s important to exit the trade and respect your trading plan.
📅 Final Thoughts: A Potential Rally with Low Overhead Resistance
With no visible supply zone on the daily or higher timeframes, Netweb has room to run if it can break through its current resistance level. The combination of rising volume on up days, a small base near resistance, and the absence of selling pressure makes this a stock to watch closely. Whether you're a short-term trader or looking for a medium-term opportunity, this setup offers potential with clear risk management in place.
🚀 "Patience pays. In trading, it's not about predicting, but about waiting for the right setup." 🌟
Lastly, thank you for your support, your likes & comments. Feel free to ask if you have questions.
⚠️ This analysis is purely for educational purposes and is not intended as a trading or investment recommendation. I am not a SEBI registered analyst. Always consult with a professional before making any trading decisions.
NETWEB Good Accumulationit is near trading near ATH.
good accumulation volume between 1800 to CMP. multiple pocket pivot volumes.
down days has very less volume.
cup and handle pattern visible.
Long NetwebAt 52 Week highs
Anantraj sustaining above new highs. same line of work.Cloud Data storage real estate.
At inflection point, it can burst if markets support.
cmp 2711
sl 2550
target 3500
NETWEB Long BreakoutDate : 01-09-2024
-------------------------------------
Breakout (PICK RESEARCH TO OBSERVE)
Netweb Looks Good Above 2801
SL 1720
Target 3522, 4963++
Hold Period : Few Weeks to Months
Reason for Pick : Breakout, Above 20, 50, 200 SMA
VCP Breakout abv 1740.Netweb Technologies India (#NTI) #netweb
It is one of India‘s leading high-end computing solutions (HCS) providers.
Market Cap₹ 9,756 Cr.
ROCE 64.4%
InstHold 17.1%
Growth 3 Years:-
Sales 41%
PAT 129%
VCP Breakout abv 1740.
Symmetrical Triangle Breakout - NETWEB📊 Script: NETWEB
📊 Sector: IT - Software
📊 Industry: Computers - Software - Medium / Small
Key highlights: 💡⚡
📈 Script is giving Symmetrical Triangle Breakout on 18th April but there was no rally todays candle is giving breakout of that little consolidation so we may see some good rally.
📈 Script is trading at upper band of BB.
📈 MACD & Double Moving Averages are giving crossover .
📈 Right now RSI is around 61.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1730
🟢 Target 🎯🏆 - 1890
⚠️ Stoploss ☠️🚫 - 1664
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Netweb technologies setup for intradayHey guys here is the setup Netweb technologies setup for intraday, with helping with key levels of support and resistance.
IPO Base in NetwebNetweb making ipo base (Rectangle Chart). Make entry on Breakout of 920 level.
Buy above 920
SL below 850
TARGET 1050
NETWEBIPO BASE
It is a consolidation that often forms within 25 days of the IPO. While traditional bases need weeks to form, IPO Bases can last as little as 5 days. With the IPO base, you are watching for a clear pivot to form and ideally volume to dry up as the stock goes sideways.
NETWEB TECH - IPO Base BO StockNETWEB TECH - IPO Base BO Stock.
Remember: I am a Price Action Trader and use Price and Volume together with different Timeframes, including RSI, and market conditions. To get best result always wait for confirmation. Focus on Risk Management and Position sizing.
I use Trading view for my Analysis and charts Repositories. I could have Or Couldn’t have positions in Sharing Ideas.
Treat trading like a business and it will pay you like a business…..!!
Hope this post is helpful to community
Thanks
RastogiG
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Disclaimer and Risk Warning.
I am not Sebi registered analyst. The analysis and discussion provided on in.tradingview.com
is intended for educational purposes only and should not be relied upon for trading decisions. RastogiG is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RastogiG does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NETWEB Breakout CandidateTrading near breakout level.
Recent listing, currently trading at supply level.
taking support at short term EMAs
forming higher lows on daily chart.
PP volumes in the last few sessions.
