TheAspiringTrader

TheAspiringTrader

NSE:ISEC has broken out after contracting from July ! Breakout is supported with good volume and the stock has formed volatility contraction pattern. Enter on retest or add on dips until 790 - 795 which is the best possible entry in terms of Risk/Reward. Disclaimer : This is not a call. Chart shared only for educational purpose. Do your own research before...

TheAspiringTrader

NSE:VMART is trading in a range after a huge volume breakout. The scrip is now at key support level taking multiple support at the previous resistance (S/R flip). The stock is also forming a descending triangle pattern. The volume is very less on consolidation. One can go long at CMP however this is a little risky bet as there is also one more support level at...

TheAspiringTrader

NSE:CENTURYTEX has broken out range with good volume and has now retested the breakout level. The downside candles are narrow with less volumes indicating that bears are weak and bulls will take over. The Risk Reward is excellent at CMP. DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper...

TheAspiringTrader

NSE:ANGELBRKG has broken out of symmetrical triangle and resistance level with good amount of volume. The stock is currently at the retest level forming bullish pin bar right at this key support level. The stock can rally from the current price and looking good at CMP. Risk to Reward ratio is very good at this price. DISCLAIMER : This is not a call. The...

TheAspiringTrader

NSE:ADANIENT has given a breakout of symmetrical triangle pattern and currently retraced to its breakout level. The stock has also taken confluence of support from previous resistance level and Fibonacci 50% retracement level. The stock looks good at CMP with minimal stop loss and maximum reward. This is a little risky bet but looks good to me. If you notice the...

TheAspiringTrader

NSE:ROSSARI has broken out after long consolidation. The breakout is supported by good volume. Stock has taken continuous support from the trendline and has also provided an ascending triangle breakout. Do not chase breakout wait for the stock to retrace to some extent before entering the trade. DISCLAIMER : This is not a call. The analysis shared is just for...

TheAspiringTrader

NSE:BSE look good to long at CMP. The stock after a good breakout from symmetrical triangle , has now retraced to the breakout level. Volume on the downside are very minimal as mentioned in the chart which implies there is no bearish pressure. The stock most probably will rally from here however the overall market should support. DISCLAIMER : This is not a...

TheAspiringTrader

NSE:CAMS has broken out of symmetrical triangle pattern / cup and handle pattern with good volume. The stock has now retraced to the breakout level and looks good for further upside with minimal Risk and good Reward. One can enter at the current market price as the stock looks good in the short term. DISCLAIMER : This is not a call. The analysis shared is just...

TheAspiringTrader

GALAXY has broken out after more than 10 weeks of consolidation! Breakout is support by a good amount of volume. Wait for the price to retrace before entering into trade. This idea is for education purpose and please do your own analysis before you take up any trade. Please don't forget to follow position sizing and risk management. Cheers ! Happy Trading

TheAspiringTrader Updated 

NSE:ROUTE has recently broke out from the symmetrical triangle and resistance level 1660 with huge volumes as highlighted in chart. The stock was narrowing down inside the triangle for around 90 trading session with relatively low volumes on moving down. There is a minor resistance around 1815 levels and if taken the stock can test all time high and even breakout...

TheAspiringTrader Updated 

NSE:JUSTDIAL broke out of the symmetrical triangle with huge volumes and wide range bullish candles. The stock is constantly taking support from the lower trend line. The stock broke out of the long term resistance (770-780 levels) with good volumes and also made retest there by taking confluence of support from the trendline and key level(770-780 S/R Flip). The...

TheAspiringTrader Updated 

NSE:ADANIPORTS has given breakout after 3 months of contraction inside an ascending triangle . The stock has been taking support from the trendline and has high probability to test all time high.

TheAspiringTrader

NSE:DEEPAKNTR has broke out of ascending triangle and made a retest. The stock is currently at support level (Previous resistance) and is also taking support from the trendline which is a confluence. There is a good chance the stock might reverse from here and test all time high. Conservative traders can wait for a green candle formation at this level which adds...

TheAspiringTrader

NSE:GRASIM is contracting for nearly 2 months and getting ready for a breakout from ascending triangle. Watch out for daily or candle close above 1500 with with good volume before initiating position.

TheAspiringTrader

NSE:TITAN was trading inside the range(box) for nearly 6 months and finally broken out with a wide range bullish candle supported by heavy volume. Note : Before breakout the stock consolidated near resistance for around 6 days(Highlighted in yellow). Hence the stock might continue to rally for another session and then pullback. Always do not chase the price...