✅ Falling Channel Breakout: The stock recently broke out of a steep falling channel, indicating a potential trend reversal. ✅ Consolidation Above Support: Currently consolidating between ₹92-₹103, forming a solid base for the next potential move. ✅ Volume Spike on Breakout: Significant volume was observed during the breakout phase, adding conviction to the...
From our Previous entry( which I posted here) Stock clocked 23%. Now it is: ✅ Consolidation Above Breakout Zone: Healthy consolidation near ₹879, indicating strength and accumulation. ✅Base on Base Formation ✅ Volume Confirmation: Significant volume during the breakout phase, validating bullish sentiment. ✅ Support from Moving Averages: Price trading above the...
ABDL: Bullish Setup Post-Breakout 🔥📈 ✅ Breakout Alert: Price broke out of a long consolidation range, signalling strong momentum. ✅ Retest Success: Retested the breakout zone (~₹373), confirming it as support. ✅ Bullish Pattern: Inverse Head & Shoulders confirmed, adding to the bullish outlook. ✅ Volume Pickup: Rising volume aligns with price action, indicating...
Positional Pick ✅Successfully completed a breakout and retest. ✅Demonstrating strong resilience in a bearish market. ✅Forming an Inverse Head & Shoulders pattern. ✅Gaining momentum with increasing volume and price action. ❌ The market is in a profit-booking phase. ❌ Be cautious while entering new trades. Entry: 335.5 SL: 281- Day closing basis. Risk:...
After the bonus issue, Wipro is setting up again -Forming a base right at a resistance level. -Narrow Range candles. -Dry Volume. -Stock is in an uptrend. -Could be a potential stage 2 Wait for the entry to trigger for a fresh entry. Wait for a confirmation of stage 2. Entry: Above 315 SL: 283 day closing basis. Risk- 9.7% Potential Reward: 18% RR:...
⚠️Risky Bet. 1. Early Entry above 264. SL 215. A retest of 240 levels is possible. Any signs of retest and reversal are an entry opportunity. Retest Level. 240 Or 2. Wait for a fresh breakout above 282 for an entry. SL Below the breakout candle. These are my views and my way of doing things. Please do your due...
✅Stock is in an uptrend ✅Broke out of a base and retested ✅Trading above Key DMAs ✅consolidating right above the base forming base on base with narrow-range candles Keep this in your sight and find long opportunity. CMP: 1128.75 Entry: 1132 SL: 935(Closing Basis) Risk: 17.3% Reward: 20.7% The view shared is for educational purposes. Please do your...
✅It is at a support level and available at a discount. ✅For long-term investors, Dmart is at a decent value. ✅Decent Fundamentals/Good Management ✅Positional or Swing traders can look for long entry above 3985, provided it gives a good candle with good volume. Remember: ❌Stock is beaten down with the advent of digital shopping...
-Broke out of a base and retest done. -Volumes are improving -Trading above Key DMAs. -Good ROE and ROCE Keep this on your radar. SL is deep so please position size accordingly and do not put everything in one go. Fine-tune the SL and Target at your discretion.
Risky proposition. Microcap company. Exhibiting good Pricie Action. -Rounding Bottom. -Darvas Box Breakout -Breakout with Huge Volume. -Wide Range Clean candle without any wick -Dry volume when pulling back. -Break Away Gap. We talked about the positives now let's dwell on the negatives. -Ideal entry missed. -micro-cap company which increases the risk...
I am Back with another Cup and Handle. Nice structure. CnH on DTH. It looks enticing for the long term. This is just my view. Kindly study the chart. The only gripe here is that the stock Hits UC/LC often. So you need to be extremely cautious when trading this.
Jubilant Ingrevia looks good at CMP. Levels marked on the chart. Please study the chart.
Positional/longterm candidate. Very Deep SL(26%) so do not bet big and buy at once. Slowly expose. Position size properly or else good chances of burning your hands. -Narrow range candles forming at a resistance level -Wait for a breakout with good volume and a wide clean candle. Safe traders wait for a day close. Study the chart and make a decision. This...
- At a support -Good ROE ROCE - Risk 11% Updater Services Limited: UDS Operates as an integrated business services provider in India, offering solutions in facilities management (IFM) and business support services (BSS). It caters to industries like hospitality, manufacturing, and IT, providing services such as housekeeping, pest control, logistics, staffing,...
Forming a very good pattern. Entry-exit and SL are mentioned in the chart. Debt-free (NBFC/Insurance/Capital Markets), company. Looks promising. This is not a Buy/Sell recommendation. Kindly do your due diligence before investing.
Good structure and pattern. - Broke out of Darvas Box -VCP and CnH on DTF. Entry exits are mentioned in the chart. Volume needs improvement. This could be a good positional candidate. keep it on the radar. The chart shared is just for educational purposes. Please manage risks properly and position size accordingly.
Keep an eye on IRFC -Forming double bottom at the support level. -Slight improvement in volume. -If closed above 162, it can bring in positivity and momentum. Positional SL is 15%. Adjust the SL and Target as per your trading Style/Risk appetite.
-CnH in DTF. -Candles are getting narrow. A breakout from this small base can take it to 25k soon. On the other hand, a breakdown from this base can bring some weakness. This is not a buy/sell recommendation. The chart shared is just for educational purposes.