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Breakouts

GM BREWERIES - TECHNICALS plus FUNDAMENTALS - A STOCK TO INVESTINVESTMENT PICK of the year -- MONTHLY TIME FRAME BREAKOUT 🚀🚀 TECHNICAL VIEW Overall view - - Technically this stock has given a shiny breakout in Monthly Time Frame of downward sloping trendline which suggest the stock have more potential and more bias upside. Again, As per Elliot Wave theory, the stock has entered the 3rd wave which is the momentum wave in monthly timeframe. KEY POINTS (TECHNICALS) - Stock is trading All Time High - It has given breakout in monthly time frame with power pack intensity of volume - RSI (relative strength index) is above 70 in monthly as well as in weekly time frame which give momentum to the stock - Price challenging upper Bollinger band which indicated the initiation of wave 3rd LET'S TALK ABOUT FUNDAMENTALS - Company's profit and sales are in increasing order 📈 - Company is fully debt free which gives an extra edge to company's growth - Promoter's holding is 74% which is actually very good - FII has increased its stake in last quarter - Company's Price to Earning ratio (P/E ratio) is just around 13.9 to 14 compared to industry PE which is around 32, that indicated that the company is doing great in the industry and have more potential to grow in this industry SOURCE- SCREENER.in and ticker finology Conclusion The stock is having bullish bias in long term as well as in short term analysing both - Fundamentally plus Technically, it can give us targets of 1300-1400 in long term, buying and averaging will be between 850 to 750 Disclaimer I am not SEBI registered. consult your financial advisor before any kind of investment. All the studies and ideas posted here are for educational purpose. THANK YOU KARANN DINGRA 💰
NSE:GMBREWLong
by KARANN_DINGRA
8
About The FX Crash & Cash IndicatorThe FX Cash & Crash Breakout indicator is a powerful Forex trading indicator on TradingView. Crash (consolidation or ranging market) and Cash (breakout from consolidation into a long or short trade). It uses Heikin Ashi candle bars in combination with real price on the hourly chart to smooth price fluctuations and identify early range-bound price action breakouts. Consecutive gray bars indicate a crash move into a sideways market. A breakout occurs when it goes from a sideways market to either either green or red bars indicating the opportunity to cash in on a trending short or long market opportunity. While primarily designed for intraday trading, it can also be utilized for swing trading. It's crucial to use strict trading discipline, gain basic knowledge of trading practices, and focus on risk management. This indicator was created to enhance your marketing strategy.
by mergeandsurge
Could Altcoins Rise This Weekend? Here's What We're Watching!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be much appreciated! Total2 (Altcoin Market Cap) Update: Total2, which tracks the total market capitalization of all cryptocurrencies excluding Bitcoin, appears to have broken out of a falling wedge pattern in the 4-hour timeframe. The price is also holding above the 50-day Moving Average (50MA), which can be a sign of support. Expecting a good bounce in Alt M.cap up to $1.12T in the next few days. Keep a close eye on your favorite Alts this weekend. What are your thoughts on Total2's current price action? Do you see a bullish pattern? Share your analysis in the comments below! Thanks!
CRYPTOCAP:TOTAL2Long
by CoreCrypto1
1
IRCTC - Ready for a HUGE move? Aiming around 80%+ gains! IRCTC is set to double once it clears key resistance levels! --- Weekly TF View: Here's the plan: - Critical Level: Watch for a daily candle close above ₹1000. This signals the first entry point around ₹1027. - All-Time High Alert: If the weekly candle closes above ₹1300, prepare for a potential Marubozu candle, indicating strong bullish momentum. This will be our second entry point. - Strategy: Entering before the breakout to catch the bottom. Remember, risk management is crucial. The market is supreme; we adapt. - Price is bouncing from the important fibonacci support area. Showcasts buyers are strong! Let’s wait and watch the show unfold! --- Stay tuned for updates as IRCTC approaches these critical levels. Happy trading! Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:IRCTCLong
by SuperNova396
9
Fresh Uptrend in MTARTECHStock Analysis MTARTECH is starting a new trend after a significant correction. An ABCD pattern has been identified, signaling the beginning of a fresh uptrend. Volume is increasing along with price appreciation, indicating strong buying interest. A strong base has been formed, supporting the new trend. Trading Strategy Target and Stop Loss: All levels for shorter and longer duration trades are mentioned on the chart. Trade Recommendation: Consider positional trading based on the chart analysis. This setup looks promising for both short-term and long-term trading. Trade with confidence!
NSE:MTARTECHLong
by We_Learn_Investing
Breakout in DivisLabStock Analysis DivisLab had been stagnant since October 2021 but has recently broken out. Today's volume indicates significant upside potential. Trading Strategy Short-term and Long-term Trading: Both stop loss and target levels for short-term and long-term trades are mentioned on the chart. Short-term: Follow the specific levels for quick gains. Long-term: Use the indicated levels to capture extended growth. This breakout looks promising for both short and long-term trades. Trade with confidence and follow the chart levels!
NSE:DIVISLABLong
by We_Learn_Investing
Breakout in CIEINDIA after a long consolidation Stock Analysis CIEINDIA was consolidating for a long period and has just given a breakout with a spike in volume. A strong base has formed at the 460 level, which is unlikely to break. Trading Strategy Short and Long Duration: Suitable for both short-term and long-term trades. Target and Stop Loss: Short-term stop loss and target levels are plotted on the chart. Price Rally: Suggest holding the stock as long as possible with a trailing stop loss. Potential Upside: The stock may reach levels between 900 and 1200. This setup looks promising for a sustained price rally. Trade smart and hold as needed!
NSE:CIEINDIALong
by We_Learn_Investing
2
Possible BTC Breakout! Eyeing $70k!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. The chart suggests a potential breakout from a descending channel pattern for Bitcoin (BTC), followed by a retest of the broken trendline as support. If this retest holds, there could be a significant price increase towards $70k. The 50MA is also acting as a potential support level. Here's what could invalidate this bullish scenario: A daily candle close below $61.5k. What do you think about this potential price movement? Share your thoughts in the comments below!
Long
by CoreCrypto1
1