Can shoot above 265, Keep in your watch list Reasons for trade: 1. Flat top breakout, as multiple times tested and stock making higher highs 2. RSI showing strength 3. Volumes increasing
A bounce from support zone, above 75 can take it to 84 very quickly Reasons for long: 1. Trendline breakout 2. Bounce from support 3. High volumes 4. RSI looking strong Disclaimer: for learning purposes
Stock has given a breakout 1. A fairly undervalued stock mostly due to management confusions 2. Has bounced from its all time high 3. Looks to be a good potential upside 4. I would wait for retest and look for 10-15% is short term 5. Sustaining above 510 can fly the stock really high Disclaimer: for learning purposes
Jtekt looks like a trend reversal Double bottom formation Trendline breakout
AegisChem RSI divergence Stock has a breakout, reasons for long: 1. Flat top, symmetrical triangle, or even poll and flag breakout 2. Increase in volumes 3. High risk to reward ration 4. Started with a huge RSI divergence
Divis 1. Head and shoulder breakdown with volumes, looking weak
Bajaj consumer has managed to close above 200 after retesting its COVID levels prices 1. Decent volumes 2. Over sold valuations 3. Bullish Weekly Marubozu Disclaimer: for learning purposes only!
MTNL has broken 9 years old trend line, reasons for long 1. Multiyear trendline breakout 2. High volumes 3. Sector bullish 4. Broken recent resistance 5. RSI bullish Disclaimer, for learning purposes.
Granules retesting head and shoulder neckline, look for neckline breakout Can be a good trade if breaks trendline
Broadening Triangle Pattern - A very rare pattern as it makes Higher high and higher lower (View neutral)
Biocon looks promising for long Reasons: 1. Falling wedge pattern breakout 2. Rectangle pattern breakout on daily time frame 3. Sector bullish (Pharma) 4. RSI bullish 5. Breakout has volumes Disclaimer for learning purposes
Looks to be a good long candidate above 105 with below reasons: 1. Symmetrical triangle breakout 2. RSI in bullish Zone 3. EMA 50 cross over
Auro Pharma looks promising due to below reasons 1. Falling wedge breakout 2. Pharma sector gave strong closing with most of Pharma stocks giving breakouts 3. RSI Breakout above 50 showing strength 4. Volumes Increasing 5. Regained 50 EMA Disclaimer for learning purposes.
Looks good for an upside, reasons for long trade 1. Falling wedge pattern breakout 2. Volumes increasing 3. RSI bullish above 50
Look for long opportunities, reasons 1. Support on the lower trendline 2. Hammer on weekly timeframe, on the trendline 3. Volumes increasing 4. High risk reward ration Disclaimer: for learning purposes
Look for a breakout on a closing basis above 207, has a potential to give really quick 10% Reasons to long, 1. Very huge volumes shows a lot of buying pressure 2. Already made multiple attempts to break the resistance Wait for the breakout though Disclaimer: For learning purposes
Stock has a breakout, reasons for long: 1. Flat top, symmetrical triangle, or even poll and flag breakout 2. Increase in volumes 3. High risk to reward ration 4. Started with a huge RSI divergence
Stock seems to have broken the symmetrical triangle with volumes Reasons for long: 1. Symmetrical triangle breakout 2. High volumes 3. Bullish in bearish Market 4. Regained all major EMAs 5. RSI showing strength