After previous rally from 540 levels stock went sideways 680 to 800 levels. Stock went into consolidation from March 21 to June 21. This consolidation phase is called as time correction. There are 2 types of correction Price correction & Time Correction . Here it was Time correction. Time correction occurs when stocks moves up sharply in short time. If you see...
Chart Analysis . As we can see stock has done nothing since the end of previous Bull Run in 2006. Stock made 3 Lows out of one which was a higher low . Interesting is the volumes with which it made a Higher Low during March 2020 Fall . It clearly shows the dip was aggressively bought. Volumes are highest since 2006. After 15 year long consolidation a good...
In Aug 2020 HAL started moving up with high volumes, within no time HAL Zoomed from 550 levels to 1300+ levels. Within next 2 months stock halved to around 650 levels. Interesting is the volume after the down move, these are abnormally high volumes. This is clear sign of accumulation by Market makers/ Institutional investors. As now one would distribute stock at...
Stock has given a breakdown from 24 rs levels. But clearly lacks follow through. This shows stock is being accumulated by market makers by narrow price range and high volumes. The narrow range formed is just below the breakdown, usually retailers exit on breakdown and market makers take advantage of to accumulate the stock. Stock is trading around 15 16 % form the...
Currently Nifty rallied much within few days. The aggressive upmove at life high levels is alarming, because smar money won't buy at agressively at such high levels. They would look to offload/ book profit at such high levels. Look at the biggest bullish bar in later stages of rally. Such strong bullish bar is ideal at breakout or while making new swing high....
Stock consolidating since a year. High volumes Lows are shifting higher. 3rd Kiss on the trend line. From Current level can be a good buy. Target 1 : 121-125 Target 2 : 142-145 Stop loss : 88-95 Good Risk to Reward More than 1. small resistance around 133 also Not recommendation/tip consult your advisor / do your own analysis
Simple 1.5 year old consolidation. Now stock has formed smaller range below the upper end of the range. Increased volume activity since few weeks. Longer the consolidation more powerful is the breakout.
Simple 13 year old consolidation with high volumes. Stocks give multibagger returns after breakout of such long consolidation. Longer the consolidation more powerful is the breakout. Below is Weekly chart. Perfect high volume breakout bar & Retest. Never miss out on such setups!
Rising wedge gives good shorting trade. But here in this case the wedge has broken on upside. This occurs rarely, but when breaks out on upside, gives highly bullish move. Current trend is up. hence expecting to continue the momentum. Higher high higher low structure. SL at 5100.
Clear double bottom visible. Previous trend down, then sideways movement with huge volumes indicates accumulation by strong hands. Narrow Range on daily time frame, just below double bottom neckline. Trendline support Any dips will 350 will be good for accumulation. Stop loss will be 330 for short term traders & long term will be 280
Clear Rounding bottom visible. Huge Volume activity just below major 2 year old resistance. Expect a sharp move. Rest all observations on chart.
Stock moving in rising wedge. Recently touched the upper trend line third time. Candles also showing exhaustion at resistance. check image below. Check the candles after the recent quarter results were announced, Big high volume green bar. It is followed by big red bars with volumes. Check number of red bars is more than green bars. Red candles are of...
All observations on chart. Since it is near to major resistance and it is attempting to cross resistance with higher or lows near to the resistance, i am expecting ACC to cross this hurdle in coming days. It is a weekly chart.
IEX is moving in rising channel. It evident from volumes at lower end of the supports that stock has taken support at lower end of the channel. Keep SL below the current swing low at 385 levels. Final Target will be upper end of the line around 470 levels. Partial profit booking level around 438. After that either book partial profit and hold balance with CTC SL...
Ascending Triangle visible. Third touch at lower trend line with increased volumes week on week for 3 weeks in a row. At such point risk is much lower than buying at breakout. Whole world will buy at at breakout, this set up offers you entry before breakout Check SBI Life idea below on similar lines, that worked out perfectly.
Stock tried to break out then failed. Came down. As expected with down move came big volumes. How ever the last bar ( Green Arrow ) before pullback was with highest volumes in later end of the down trend, Usually it looks bearish but it is trend reversal because market makes wont short at such lower levels. Then comes the pullback ( purple arrow ) with small...
At Red arrows One can clearly see when moving averages 20 SMA & 200 EMA go far away from each other and also the price goes much away then, basically expansion phase, the there is pause in momentum and There is sideways to downward movement. This is Contraction phase. Basically mean reversion of price. At Green arrows For a healthy up-move price & moving...
Simple consolidation breakout. 4 year old consolidation. Higher low on Large time frame. Check Chart below.