NSE:TRIVENI broke out from ascending triangle pattern.
Closing is strong and volumes are very good.
Enter 30% position at C.M.P and rest after retrace.
Potential BTST trade can also be taken in view of today's huge momentum candle. If trade doesn't work out, hold with strict stoploss.
Sl to be placed below the pattern (210 levels)
NSE:BAJFINANCE is consolidating in a falling channel pattern and price is currently at the upper channel.
Huge momentum candle formed today suggest price will break out tomorrow from the pattern. Risky traders can enter tomorrow if price opens gapup or breaks day's high to catch the breakout move.
Price is also at 30 week EMA support✅
Safe traders wait for...
NSE:NIITLTD broke out of a rising channel pattern and price made a green candle after retest.
Price did give a breakdown from the pattern but the bulls look more powerful than the bears.
Enter entire position at C.M.P and hold for targets of 650/700
Sl- below 380
NSE:EXPLEOSOL Broke out from cup and handle pattern and is consolidating in rising channel pattern.
Price near trendline support. Short term traders can take a trade with a tight stop loss and go for 1:5 Risk reward play.
Low momentum/volume candles near support show that price is ready to take big support.
SAFE TRADERS WAIT FOR PRICE TO MAKE GREEN CANDLE...
NSE:RUSHIL broke out of ascending triangle pattern and gave a retest. Momentum leading to breakout is very high and volumes look bullish.
One can enter entire position at C.M.P and place a tight stop loss (marked on the chart) for a 1:4+ RRR play. Positional traders can place a deeper stoploss below 310 and go for 1:2/2.5 RRR.
Buy more of price takes support at...
NSE:APARINDS broke out from ascending triangle pattern and retraced back to resistance. Breakout candle is strong with excellent volume burst.
Enter entire position at C.M.P. Place stoploss below 710.
Expect big move after price crosses and sustains 900 levels. Trail stop loss after price crosses 900 levels.
Hold the trade and ride through the trend.
NSE:PATELENG broke out and gave a retest from its 30 month old base.
It was in strong downtrend and formed a base, from which it broke out.
The volume expansion is exponentially high, showing increasing interest in the stock.
It is a bit risky to enter 100% of your position at CMP, as may retest the trendline again because of the huge wick in last week's...
NSE:MAYURUNIQ is consolidating in a channel pattern for more than 18 months and it looks ready and bullish to break it and give a big upmove.
It retraced after giving a breakout from its previous horizontal resistance and it may break the channel pattern with the next upmove.
Another bullish sign is that the stock moved to virgin territory and is spending some...
BITSTAMP:BTCUSD is currently consolidating in a falling wedge pattern (hourly tf) after a steep drop. look to enter after close of breakout.
Targets are open. Hold till momentum lasts. However there is good resistance it may face. (marked on the chart)
A breakdown may also follow, continuing the bearish momentum.
FIRST CRYPTO ANALYSIS.
Posting this pre-breakout.
NSE:METROPOLIS has consolidated for 6 months after giving a breakout from previous resistance trendline. The stock has so far faced 7 rejections from its new resistance trend line. A breakout from this trendline will be extremely bullish and can gain very high momentum.
Look to enter after breakout at 3500-3600 or at the support...
NSE:HITECHCORP Has broken out of its first major accumulation zone after an uptrend of 300%+ and has ventured into virgin territory. Volumes are in the favor of the bulls.
Stock is currently facing rejection at an old resistance trend line (zoom out to see) and is retracing from the break.
Look to buy and hold for big money after it sustains 330-350...
NSE:NIFTY Has corrected 9-10% from all time high. Majority of the correction has come from FII profit booking. Nifty closed below 17000 today, which can be either a bear trap or a bearish continuation.
Nifty has strong support at 200 EMA and if that fails to support, 16000-15500 is the next major support zone.
My prediction is displayed on the chart. If Nifty...
NSE:GLOBALVECT was in a strong downtrend and has been forming a base for more than 2 years.
It gave breakout from the base, ready to start an uptrend.
Volume expansion looks bullish and stock has taken support on 30 EMA (weekly TF). Look to enter at CMP or after some consolidation. Momentum looks very bullish.
Targets are open. Buy and hold after more bullish...
NSE:INFY has broken out of a 2 month descending triangle pattern with a gap-up break.
Indian markets are very weak and volatile right now. A possible gap filling could be seen before INFY makes a move towards its all time high. A Position can be taken if stock sustains above it's all time high, targets extend to the above resistance trendline at 1950-1970...
NSE:WINDMACHIN gave a breakout after a bullish trend, forming a flag pole pattern.
The volume expansion looks very bullish and the candlesticks before the breakout are very narrow in range.
The stock is currently consolidating, for the next leg up. It may however retest the trendline because of weak Indian markets but the momentum looks too good. If the stock...
BSE:SAINTGOBAIN has given a breakout from its 1.5 years old trend line and CMP is running very close to the all time high made by the stock 3 years back.
Stock may consolidate further at these levels before testing virgin territory.
There is also a larger trend line where the stock could potentially face rejection after charting towards virgin territory.
Signet industries is near an important resistance-turned support zone, where it gave a breakout from a falling wedge pattern.
Targets of 55-57 can be achieved in the short term. Wait for further consolidation and confirmation for the stock to touch its recent 52 week high.
WEBELSOLAR gave a breakout with outstanding volume from a channel pattern after consolidating in it for a year.
Stock looks very bullish but may consolidate for some time before the next move up.
Could trade at 120-130 in the near future, especially if the broader market shows more strength in the coming weeks.