- Strong Bounce back after a failed Breakdown - Falling wedge BO - Strong volume candle - bullish RSI
- ATH Breakout with a strong candle - Big volume on BO - Strong momentum - Trading above all key EMAs - Bullish RSI
BREAKOUT #NAHARSPING - Inverted H&S Pattern BO on Hourly tf - Big breakout Volume - Good accumulation before BO - Bullish Daily RSI Disc : - Currently facing 200 EMA as resistance
#BREAKOUTSTOCKS #HBLPOWER - Descending Triangle BO - Good Volume on BO - Trading Above all major EMAs - Bullish RSI
#BLS - Descending Triangle BO - Volume Dried up during Pattern formation - Price Buildup Before BO - Increased Volume on BO - Trading above all major EMAs - Bullish Daily RSI
#DEEPINDS (Daily & Weekly) - Strong BO candle - Big Volume Bar on BO - Trading above all major EMAs - Bullish RSI Disc : The Only Problem with the setup is lack of consolidation before BO
- Flag and Poll Bo with increased Volume - Big Volume bars during Poll formation and significantly dried up during Consolidation keep in your watch
- The stock is forming HL towards the ATH - Today it has given Cup & handle pattern BO (Strong BO ) - Volume Dried up during handle formation significantly - Trading Above all Major EMAs - Bullish RSI TIP :- Best entry would be around 262, from there RR will be favorable. Right now it is too much extended + ATH resistance is nearby.
- Descending Triangle BO - Increased Volume + Good candle on BO - Trading Above all major EMAs Tip : BO is valid if it closes around or above CMP
- After a prolonged Uptrend the stock went into a correction phase with low Volume. - Took support at Fibo 62% - formed a descending triangle at the support zone - BO given with increased volume - Trading above All major EMAs - Bullish RSI (Daily) Tip :- Hotel Stocks are looking good
- Formed a Symmetrical Triangle around ATH - Volume dried up significantly during pattern formation - BO with big candle and Volume - Trading above all major EMAs - Bullish RSI - The stock is looking strong in all big tf ( Daily, weekly and Monthly )
- The stock is in an uptrend, making HL and HH - After a BO it did retest the BO zone and then consolidated around the ATH - Now given a strong BO with big volume - Bullish RSI - Trading above all major EMA CMP 84.40 Target 100 SL below 77 on closing basis
- Making HL and currently at the Major Support TL - Formed an Inverted HnS and Descending Triangle - BO of INHS and Descending triangle with increase volume if sustains - Volatility and Volume contraction - Increased Vol. on BO Con. Wait for the BO to sustain
#BREAKOUTSTOCKS - ASHOKA - BO at the major support - Retested with Dried up volume followed by a strong Rejection candle - Big Volume on BO and rejection - Bullish RSI on D tf - Trading above all major EMAs
TEJASNET - Symmetrical Triangle formation - Took support at Fibo 62% after a correction - Trading Above All major EMAs - Bullish RSI - Good accumulation during base formation
PFOCUS (Weekly) - Rounding Bottom with handle - Volume Significantly Dried up during Handle formation - Massive Volume BO - Trading Above all major EMAs - Bullish RSI - In W tf SL will be huge so we can plan SL on D tf
- After an IPO the stock fell and since then it is forming a Base - Now it is forming HL into the Supply zone + trying to sustain around it and absorb the selling pressure - Trading above all Major EMAs - RSI is looking good
- The stock has a good demand Zone around 86 and this time there was a Breakdown that did not sustain and bounced back up - After Forming a Double Bottom the stock has given a BO with Marubozu candle - Volume on Bo is big enough - Bears are Trapped - Bullish RSI on D tf - The stock is trading above all major EMAs