Traderharshitt

Traderharshitt

Hello Traders, Sharing this daily chart of Knowledge Marine & Engineering Works, which belongs to the building sector, coming for a retest from its previous breakout level, and you can also notice the volumes on breakouts & up moves are much higher compared to low volumes on retracements, which signifies a momentum in an uptrend of a stock. Can enter as and when...

Traderharshitt

Hello Traders, Sharing this weekly chart of Focus Lighting & Fixtures Ltd, where it has given a breakout from an 8-week range, the stock belongs to the Electric Equipments Industry, stock PE is lower than industries average. Targets are taken with reference to the Fibonacci Trade-Based Extension. SL price: Below- 740 (12%) Targets: T1- 1045 (25%) T2- 1395 ...

Traderharshitt

Hello Traders, Sharing this weekly chart of Havells India, where a symmetrical triangle breakout was confirmed on 23-05-2023 & after that a 13-week consolidation happened whose breakout & retest are being done. SL Price: Below 1230 Targets: 1-1900 2-2090 Disclaimer- Please do your own analysis before entering into any trade. Best regards Happy Trading- Harshit.

Traderharshitt

Hello Traders, Sharing this weekly chart of Bayer CropScience, there was a 2.5 year downtrend channel which is been broken on the upside with heavy volumes, fundamentally stock is doing good almost a debt-free company. SL Price-: Strict- below 4590 Lenient- below 4215 Targets: 1-6600 2-8580 Disclaimer- Please do your own analysis before entering into any...

Traderharshitt

Hello Traders, Sharing this weekly chart of Can fin Homes, there is a 6-year pattern breakout in the stocks, company is also consistently doing good in fundamentals, also currently trading below industry PE (Price to Earnings Ratio). SL price- 650 (I suggest an SL below 650 as there is no previous swing below, so an SL little below the breakout level will be...

Traderharshitt

Hello Traders, Sharing this daily chart of Bharti Airtel, in which a saucer bottom/Rounding bottom pattern is being formed whose breakout has already happened in June with good relative volumes, As you can see volumes downside, the purple colored volumes show high relative volumes which are required on a breakout to make it sustain on higher levels & also after a...

Traderharshitt

Hello Traders, Sharing this weekly chart of Chennai Petroleum Corporation, there is almost a 15-year range from which a breakout is given by the stock, in the volume profile you can see the yellow volumes are decreasing as the stock is moving up which indicates strength that more buyers are there compared to sellers. Fundamentally the stock has been doing good for...

Traderharshitt

Hello Traders, Sharing the weekly chart of Coal India, there is a breakout happening from an important resistance zone in the stock & also a cup-n-handle pattern is being formed in the chart from which the stock has given a good breakout with heavy volumes. The stock has moved in good strength this week one can make an entry at this point also but a retracement...

Traderharshitt

Cochin has formed a rounding bottom pattern, if it breaks with good volumes 690 level & closes above 690 one can enter with a SL below last swing low & a target potential of 30% which is almost 965-970 price level 8

Traderharshitt

SRF is at its important support level, taking support for the 3rd time now, and can take a swing with an 8-9% SL % and a 30% potential upside, almost a1:3 (R: R).

Traderharshitt

KPIT has given a breakout from a cup-n-handle pattern and has a 30% upside potential. Can enter with an SL of 7-8% which is below 725.

Traderharshitt

ADANIGRENN has made a triangle pattern & also at its 61.8% Fibonacci level. a breakout above the trendline with an SL below 2000 can be taken as a swing trade, with a good R: R of 2.75.

Traderharshitt

A cup and handle pattern in TATA COMM, also an ascending triangle pattern, has given a breakout from that pattern. SL Below 1220 Targets- 1-1590 2-1670

Traderharshitt

An Inverted HnS pattern is formed in ULTRATECH a closing above 7100 will generate a buy & SL can be below the breakout candle.

Traderharshitt

Double bottom in Persistent Weekly timeframe, a buy can generate when this neckline gets to break above the 3900 level.

Traderharshitt

Polycab India breakout above 2800 can be a buy. Targets above can be 1-3392 2-4230 The target logic is a "Trade based Fibonacci extension".

Traderharshitt

Lower Trendline support on the weekly timeframe & a double bottom pattern formation, also 615 level is the most traded area according to the volume profile. A swing can be played with 11% SL 22% Targets.

Traderharshitt

there is an inverted HNS too on the Hourly Chart of Reliance