varadtambolkar

varadtambolkar Updated 

Tight range & volumes dipping. either side sharp move possible on daily time frame it will be a new swing high.

varadtambolkar

Stock is consolidating since 8 months, either side breakout can trigger big move. Larger the consolidation more powerful it the breakout

varadtambolkar Updated 

Double bottom breakout done. after testing might fill up the gap formed.

varadtambolkar Updated 

Volatility contracts & volumes become dry is more often followed by a big candle. As stock is taking support at 20 MA and is near to 20 MA, this is Low Risk entry point. 20 MA Riding indicates a strong Trend. Always try to enter whether Long or Short near to moving averages for better Risk Reward Ratio

varadtambolkar Updated 

Target Stop loss marked on chart . RSI divergence. Favorable Risk to Reward Ratio. Stop Loss based on Weekly Closing.

varadtambolkar Updated 

USD INR at 11 year old trend line support, Might test the upper trend line.

varadtambolkar Updated 

All observations on chart. Wait for good daily candle or can even enter based on weekly candle. weekly candle is interesting. Last to last week price tried to close above 3 month highest weekly close but failed 3 times, but last week price opened above the 3 month highest weekly close( as marked by dotted line) and we got final closing above it. Can even...

varadtambolkar Updated 

Al l observations on chart. Above 149.45 it will make a new swing high, closing above 149.45 will trigger more up move.

varadtambolkar Updated 

Wait for the box to breakout.

varadtambolkar Updated 

All observations on chart.

varadtambolkar

Simplest set up. Will wait for these high lows to break.

varadtambolkar Updated 

5 days narrow range broken today wit good volumes. Expecting a good move here. Looks good for intraday too!

varadtambolkar Updated 

6 days stuck in a range, Sharp move on either side. check Indus tower idea attached.

varadtambolkar Updated 

Idea just to identify the pattern. We can see a short term bounce from here, but need to avoid fresh longs. Good to exit stuck positions or booking profits in short term trades.

varadtambolkar

All observations on chart. TATA steel is also on verge of multi year breakout. Will post that soon.

varadtambolkar

All observations on chart. Taking support around same levels, now recently made a new high then again started testing the support with lower highs. This indicates buyers are trapped and support is weakening Don't attempt a breakdown trade. Expecting a breakdown in few days.

varadtambolkar Updated 

RSI Divergence seen on 30 min chart wait for candle close. One way move from 37300 levels till the lower end of the zone marked. Expecting bounce which may be sharp.

varadtambolkar

All observations on charts. Low volume candle marked can be a inside bar, inside bar occur just before a breakout or breakdown. Check previous ideas of NSE:GRINDWELL & NSE:KANSAINER attached for consolidation breakouts. Larger the consolidation, More powerful is the breakout. Check previous ideas of NSE:MSTCLTD & NSE:WHIRLPOOL for Consoldiation breakouts.