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Simple consolidation of 7 years Increased volume activity, after failed range break in March 2020 As stock is back in the range after failed breakdown & increased volume thereafter shows we might see a range break soon. SL will be wide at 125-130 as monthly charts Tip: Many times you will see stocks give breakout/breakdown then consolidate a bit forming tight...

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Stock was listed recently. Made a high of Rs 411 on the same day. Yesterday that high was taken out with volumes and Sharp rise. Now stock has formed another box. First box was formed by first 15 min candle of the day, stock consolidated in the range and gave breakout. Overall stock looks bullish with the limited data available. Stock can pick up good trend &...

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After continuous selling pressure from 860 levels, ICICI bank has now lost the momentum on the downside. It is evident by failure to make a new low on daily basis and increased volume, even today it made a news high with volumes after 6 bars as marked by box. This shows the supply is being cornered, sellers are failing to make a new low. The higher high higher...

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Stock Consolidation since May 2006, between Rs 1800 & Rs 271. Strong volumes after 2018 indicate there is strong accumulation is complete. In March 21 Stock gave breakout of the accumulation zone. Current attempt to breach life high will be 4th attempt. Higher number of attempts means resistance is weakening. We may see a breakout soon. On lower time...

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Simple narrow range breakout trade. Volume contraction & volume spike. Previous trend up, hence good trend continuation trade. Risk is very low, SL at 645 9% from CMP.

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SBI Cards currently bouncing from a trend-line. Taking support 4 times from the trendline. Latest 3 supports on trend line were with high volume bars. This shows that trendline is acting as a strong support. Stock currently available at supports, hence SL will be lower. Place SL at 868 levels Targets 1370/1575

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Nestle moving in narrow range. forming Inside bars. The dotted line is life high of nestle in April 20. Since then nestle didn't gave a proper sustainable close above that high. Tried once to close above it but was easily rejected. Now that high is coinciding with the upper rang of the narrow range marked. This major hurdle zone can be taken out with a sharp...

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All observations on chart. Price volume analysis mention. Monthly structure positive. Location of consolidation is ideal for short term long trade. Check image below.

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Quess Corp is moving in narrow range. After drop in volume. Volumes are picking up week on week basis. Price is sideways in 980 & 840 Range. Basically Stock is in contraction phase, which will be followed by expansion phase in which breakouts occur. Drop in volume is a sign of big move. As the buyer n seller fight has settled & the price will move in the...

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Stock moving in a falling channel since 2009. Breakout of this channel will mark a multi year breakout of 9 year channel. keep a stop loss at 36 Rs Risk is at 37% but reward will minimum twice the risk. \keep trailing stop loss after the breakout & accumulate on dips

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Stock has narrowing down candle by candle. There is price as well as volume contraction. This price movement precedes a big move. Stock is consolidating since 2009. Stock is on the verge of multiyear breakout. Stock is being accumulated as evident by volumes. check image below Simple wedge pattern on daily time frame For attempting a breakout trade place SL at 1175

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Falling Wedge Breakout, supported by superb volumes. Clear RSI divergence at lower end of the falling wedge. Falling is a good bullish patter. RSI Divergence at lower end of pattern, increases the probability of pattern to work out. If you accommodate more candles another wedge is developing and it is available at lower end of the pattern. RSI Divergence shows...

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There is a strong resistance at 7800-8000. Maruti has has struggled since a year 2018 to cross it. From all time high resistance is just 20% down. on the lower end 6500 is the support year. Twice it broke down on lower time frames but failed to do so on monthly chart. In first breakdown price returned in 7800-6500 band in next candle & in march owing to severity...

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Almost all PSU banks are at major multi year supports. Whenever this stock has touched the trend line it has given min 2x returns. Stop is deep 40 50% Will test patience. And will take years for the trade to mature. Corrections in between will come and go, Control your Fear. Study Bank of Baroda Chart on similar lines. Plan accordingly, Invest carefully Not a...

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1. Maruti Suzuki :- Monthly chart, consolidating below 3 year old neckline 2. M & M :- Monthly chart, Just below 2018 highs made during auto rally in 2018 3. Reliance :- Weekly chart, broke out of consolidation few weeks ago after having a super run in 2020. 4. L & T :- Monthly chart, Broke out of 13 year old channel. 5. HDFC :- Weekly chart, New...

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14 Year old consolidation. Breakout of such large consolidation can trigger a aggressive trendy move. Longer the consolidation more powerful is the breakout. Accumulate on dips with SL of 190. Make suitable calculation of risk, loss you can afford & divide it by difference between the CMP & SL given. You'll get quantity that you can buy. Then accumulate in...

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Symmetrical triangle / Wedge pattern breakout Breakout candle with high volumes SL 7920 Target 9700-9900 On higher time frame (weekly) Stock has formed a higher high higher low structure. Now the stock has started to move with high volumes, new swing is starting.

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Simple consolidation after bull run. Now next upmove will begin Below are the observations that increase probability of breakout Double Bottom on 3rd touch 3rd touch on weekly trend line Flag & pole