PRIMESECU (Weekly) - Symmetrical Triangle BO - Volatility contraction before BO - Increased volume on BO - Trading above all MAs
- Multi year TL BO on Monthly and Weekly tf - Cup & Handle formation - Consolidation before BO - Bullish RSI on all major tf - Above all important MAs Negatives : - Volume is not that Promising
- Cup & handle pattern at an important Support - Bullish Engulfing candle in Weekly tf - Above all important MAs - Break away gap opening and sustained with huge volume
- Double pattern, Flag and poll + inverted HnS - Took support at Fibo 50% -increased Volume - Keep in your watch list
-Giving BO with volume at the Strong support -Confluence Zone - Increased Volume - Favourable R:R
ADORWELD - BO after a volatility and Volume contraction - HL & HH Formation - Took support at Fibo 62% - Increased Volumes
CYIENT - Weekly BO on closing basis - Increased Volume - Above all major EMAs - Bullish D,W,M RSI - Bounced from Fibo 50% support after forming W pattern.
Multi Year Breakout ( After 2012 ) CAREERP - Double Bottom Formation - BO done in D tf on 5th attempt and almost done in Weekly as well - Good Volume pattern - All EMA below it and Bullish RSI Disc:- Watch it on all time frames
- Forming a IH&S Pattern and a Major TL has been taken - Ascending Triangle as well - Volume Rise on upside and dry up during pull back - Wait for the neck line to be taken Decisively before taking a trade
ROTO - Holding up nicely and formed Ascending Triangle + Rectangle - Big volume on upside and Significantly dried up during Pull backs. - Multiple BO attempts
- Formed a Double bottom after Breaking the important support - Wait for the resistance Tl to be taken with strong volume and candle - Keep in your watchlish
- Forming a Bullish pennant - Dried up volume during formation shows selling pressure is diminishing - Wait for Breakout
#Reliance - At a Strong support - Showing signs of reversal Disc :- Morning star is confirmed only if it closes strong. Not a buying recommendation.
MIRZAINT - After a Correction the stock took support at Fibo 50% and formed a base - Huge Volume during BO and dried up noticeably during correction - Big Volume rejection at Retest with Runaway gap - Above all major EMAs and Bullish RSI
EQUITASBNK - Huge Volume rejection at the retest - Above All moving avg. and Bullish RSI. - Huge Volume hammer at retest in Weekly tf
SUNFLAG - Ascending Triangle BO - Increase in volume during BO - HL into the resistance - Above all important Moving Avg. - Bullish RSI in all bigger tf. - Showed strength during the Weak market.
KPITTECH - Gave Break out of Cup & Handle + Volatility contraction pattern. - Good volume during BO and follow up buying - Consolidated on the upper side when the market was weak. - Retested and then again BO in Weekly tf.
#BREAKOUTSTOCKS - Cup and handle BO and then a shallow pull back with dried up volume and took support at Fibo 50% - Morning star pattern - Increase in volumes - All imp. avg. below it along with bullish W&M RSI