Well, look at the volumes coming in the breakout candle and the body size of the candle. This is a clear breakout confirmation and now taking a little suport on the breakout levels. This is a good long opportunity with a target to fill the complete range of the rounding bottom formed. Kindly note that this is only my analysis and not a recommendation.
Notice the fresh breakout in TCS that happened last week and which is now sustaining today. As mentioned in the end of the video, watch for those levels for the exact entry and stop-loss references. Kindly note, this is merely an analysis and not a recommendation. Please consult your financial advisor before investing.
We can see a fresh breakout on the weekly and the daily chart after a good consolidation of 7 months from January. This can be a long trade with a 1:4 RR. Stop loss of 30 points which is below the weekly candle low and target can be around 130 points. Kindly note that this is only for learning purposes and not a recommendation. Please consult your financial advisor
Is it going to be a retest and go up or a breakout failure.
However, this would not be a good place to place an entry since the stock has rallied already. Wait for a correction or a retest near the levels of 630-620 and then it will be a good RR trade. Kindly note, this is not a reecommendation but only an analysis. Consult your financial advisor before investing.
Perfect levels to break out at 1000 levels. Great RR opportunity with SL of 3-4 percent. Kindly note, this is only for knowledge purpose.
We have multiple indications to observe this trade for a long position. Stock is ready to launch here after we see the 1000 levels are broken. In my opinion, this is a great place to accumulate and add more after 1000.
Berger makes a beautiful breakout after the double rounding bottom. This setup makes a good buy between the current levels and around 800.
PGHH is trading in a channel that is marked in the above chart. At this moment, the stock is at a very crucial level i.e. trading at the lower end of the channel. We have multiple reasons to go long here: 1. Currently taking support at 100 MA. 2. In an uptrend and trading in the marked channel. I think if we see a green candle here, it's a great opportunity to...
A huge volume breakout can be easily seen on this beautiful chart at a level of Rs80. This happens after a great long rally the stock has shown from the last year with a series of higher highs and higher lows. This can be bought at a retracement of around Rs 80-85. From here, I think a rally of 30 points is possible and the second target of 50 points is also...
JK Cement giving a sensational breakout at 3000 levels. This is crossed after a long consolidation started in February. I speculate a good move of 300 points on the upside in a few weeks. A good risk reward trade with a small stop loss below 3000. Buy on corrections. Kindly note, this is not a recommendation. Only an analysis.
Pricol ready to break-out after the rounding bottom chart pattern created in a 3 years time frame. This breakout is considered as a bullish sign and we can expect some really good levels from here. We should see 150 levels very soon here.
Fortis has given a breakout after a rounding bottom and broken the resistance from May 2017. This is a bullish pattern. Please note, this is not a recommendation and only an analysis.
Dabur has given a great breakout on the daily and weekly charts for a bullish pattern. One can go long with a target of 630 maintaining a stop loss of nearly 2% from the current levels
Wait for a retest near the breakout levels. view around 3months to 6 months.
Taking support at the fib level and can bounce up to 130 levels.
The script is heading to make the head and shoulder pattern.
Breakout above 430-435. Stop loss below 425. Note - This is only an analysis for educational purpose.