HDFC Life Weekly breakout of an year long consolidation Weekly breakout of an year long consolidation
Trading above important moving averages.
LongInvesting
Long
Tata Power Breakout soon!!!Tata power can show levels of ₹229/249 in coming days if it gives breakout at ₹216
Long
KEC INTERNATIONAL FLAG PATTERNKEC giving breakout from a flag pattern
trading above 20ema
ST target can be 540+
SL can be 450
educational idea only
Long
Nelcast : +62% to +348% Upside PotentialNelcast 21 Dec 2022
In Play : HH-HL
Summary
- Breakout with huge volume
- Classic Cup & Handle
- ATH is at 119.75(20 Dec 2022)
Conclusion
- CMP 118.40
- Position can be initiated for potential targets
- Higher targets could be around
• Short Term - 152/180 (3-5 months)
• Mid Term – 217/244/292 (6-12 months)
• Long Term – 426-531(18-24 months)
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Alw
Long
RAYMOND LTD : PRICE CONSOLIDATION NSE:RAYMOND
Raymond Ltd price consolidation with volume shrink.
The major trend is bullish, the new bull leg is started after a strong breakout with high volume and the price has formed a triangle pattern on 30 min TF, If it breaks the 1515 level then it might show good momentum up to 1550 in intraday, and for positional it should close above 1550 in daily candle for further up-move.
Use position sizing according to your stoploss level.
like this idea if you find it useful and please share
Long
BULLISH BREAKOUT FOR 1:2 RISK - REWARDClear breakout is seen in DTF. Taken at breakout near the trendline for 1:2 reward in daily time frame for a swing trade.
Long
Breakout stocksGlenmark stock clear breakout in weekly time frame it can reach the target within 3-6 months long term also can consuder
Long
Crompton greaves W pattern waiting for breakoutCrompton greaves making 2 of my favourite setup's in weekly TF, W pattern & inside candle consolidation. Weekly RSI & ADX +DI also ready to blast, above 411, 434, 457 can come immediately. Only dampener can be correction in Nifty else every thing looks good here.
Long
Bluestar, another star waiting to explode above 1085Weekly chart of Bluestar shows promise, I have been tracking this stock for last 1 year now. From 8th Nov 2021 price resistance of Rs 1085 been multiple times tested, 2 consecutive daily closing above this level can bring fresh momentum. If you are a breakout trader (keeping yesterday correction in Nifty), enter only with 50-60% of plan qty and pyramid more once it sustains above 1085 for a week or so. Pull back traders can add 30-40% qty at 1008 and more near support area. Weekly resistance ha
Long
Weekly chart of Tanla platformWeekly chart of Tanla Platform, although I am not in favour of catching a falling knife but risk reward is looking to good to miss out. Price has taken support at low of Dec'20 and reversed. There is some change of hands kind of volume by company called "XTX markets LLP" on 27th July, but can see some volume post that also. People who have missed out riding previous wave in Tanla may think of encashing this opportunity. Can we enter with 20-30% of the plan qty for tracking basis, add more once p
Long
NIFTY bullish above 18400NIFTY - Why to keep bullish bias
☑️ 0.61% retracement done
☑️ buying from previous swing top
☑️ channel support taken
☑️ 18400 becomes confluence zone
Friday selling looks more like a major shakeout. Once bulls reclaim 18600 and go above 18640-18670 band, upside should continue
@TradeStrikes
Long
This all-time high aerospace defence player is worth studying!Rossell India Ltd has two very diverse businesses, namely Tea and Aerospace Defense (Engineering, Manufacturing, and Services). It has spent 27 years in the Tea division and nine years in the A&D division.
The company's Tea business is well-established, with a strong presence in India and other key markets. The A&D division is a relatively new venture for the company but is already proving to be highly successful. Add to this the defense sectoral tailwind that has been ongoing for quite some ti
Long
Larsen & Turbo making a new highLarsen & Turbo is making a new high after more than 11 months. On the weekly time frame it is a very strong breakout, and on daily basis it has set up quite nicely for a positional trade, If one has missed it, can enter on a correction on hourly timeframe, keeping stoploss below the indicated red line. Keep in mind that, risk management is "everything" in trading.
Long
Grasim Formed inverted head and shoulder pattern & gave breakoutCan keep this stock in radar as it gave breakout and sustaining above. Can give a good up move if broader market supports.
Long
SATIN - Ichimoku Bullish Breakout Stock Name - Satin Creditcare Network Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 175
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you
Long
SBIN FLAG&POLE breakoutSBIN broke out from a consolidation of nearly a month.
Trade with very less stop loss.
SL: 595
Target: 650
Risk reward: 1:2
Trail you stop loss.
If you find this helpful, please share it in comments.
Happy trading.
Take your own trades. I am not SEBI resistered.
Long
INFY available at good price, khareedo bindaas 1258-1308INFY is down by 30% from its high made in Jan'22, and now available at good risk reward ratio. Its near good support zone and entry in the price range with 30-40% plan qty near 1258-1308 (which was price May'21) looks good. In my opinion if any fundamentally strong company is available at good risk reward zone then we should plan an entry but with risk management in place. Only problem right now is RSI which during May'21 was in the range of 60-70 which is now at 37. Thats the reason I am asking
Long
Breakout AlertWhen price break the well defined resistance line then high probability we will see a continuation move .
DLF : +35% to +147% Upside Potential01 Dec 2022 DLF
Stock BO today from the previous 10 months rejection levels in 400-415 zone, which is supported by volume.
In Play : HH-HL
Summary
- Stock BO from 10 months 400-415 zone
- BO with Volume
- TL BO : Confirmed
- Above POC
- Text Book Head & Shoulder Pattern
- 519 is 13 Year SH ‘’STRONG RESISTANCE’’
Conclusion
- CMP 412.70
- Long Positions can be initiated
- 483-519 level can act as strong resistance
- Higher targets could be around
• Short Term – 483/519
• Long Term – 539/623/98
Long
Ultra Tech Cement : +35% Upside Potential30 Nov 2022 UltraTech Cement
Stock BO today with volume after 1 month of sideways movement
In Play : HH-HL
Summary
- Stock faked BO on 21 Nov to the lower side
- BO with Volume
- TL BO : Confirmed
- Above POC
- Text Book Head & Shoulder Pattern
Conclusion
- CMP 7077
- Long Positions can be initiated
- 7280 level can act as strong resistance
- Higher targets could be around
• Short Term – 7280/7500
• Long Term
Long
Falling wedge chart pattern The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout occurs.
Long
Breakout AlertPrice break the multiyear resistance zone and now ready for upmove . This month low act as a Stop Loss !!
Long
SASKEN TECHNOLOGIES coming out of base.About:
Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor , Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc.
Located in India, the company has presence all over the world
Technical Points:
1. Price near Resistance zone.
2. Huge Volume Activity near Resistance Area (9x volume above average)
3. Huge Volume Activity w
Long
Breakout AlertInitial sign of Trend Reversal with extremely high volume . i know price up 20% today but this type of candles low maximum time price not break . #mstc
MLong
