HBLPOWER potential breakout Base on Base setup. Breakout with good volumes. Taking support on 20EMA. High relative strength.Longby IndianTrader09
HBL Power Systems Ltd Ltd intraday level for 14th Aug #HBLPOWER HBL Power Systems Ltd Ltd intraday level for 14th Aug #HBLPOWER Buying may witness above 620 Support area 612. Below ignoring buying momentum for intraday Selling may witness below 612 Resistance area 620 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra1
HBL POWER - High Probability for further up MoveThe stock faced price rejection around 612 on its upward journey and it was pushed down to the 200 DMA levels. And it moved almost sideways for 6 months. Multiple attempts to take out the rejection zone failed and recently it did succeed in moving out of the rejection zone. But it again went back to test the rejection zone. Now again it is moved up above the rejection zone and also the supply shadow of the BC bar of the 15th of July. As you can see the money flow is positive and the relative strength is also positive now. Th e volume has substantially increased and also the delivery volumes have increased in the recent past. All this does indicate that this current breakout of the rejection zone will sustain and it is highly probable that the stock will move up further. Longby karthikmarar9
HBL Power Systems for long termHBL Power Systems looks good for a long term, gave a nice breakout.... Strong fundamentals with technical support... Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Trading involves significant risk and may result in the loss of capital. Always conduct your own research or consult a financial advisor before making investment decisions. I am not responsible for any actions taken based on this analysis.Longby junaid2100
HBL POWER SYSTEMS S/R for 19/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh4
SWING IDEA - HBL POWER SYSTEMSHBL Power Systems , a leading battery and power systems manufacturer, is exhibiting technical signals that suggest a promising swing trading opportunity. Reasons are listed below : Break of Symmetrical Triangle Pattern : The price has broken out of a symmetrical triangle pattern, indicating a potential bullish trend continuation. Bullish Engulfing Candle on Weekly Timeframe : The recent formation of a bullish engulfing candle on the weekly chart suggests strong buying pressure and the potential for further upward movement. Closed Above 560 Resistance : The stock has closed above the 560 level, which was a crucial resistance zone, indicating strong bullish momentum. Higher Highs : The stock is consistently making higher highs, reinforcing the strength of the upward trend. Trading Above 50 and 200 EMA on Weekly Timeframe : The stock is trading above both the 50-week and 200-week exponential moving averages (EMA), reinforcing the bullish sentiment and providing strong support levels. Trading at All-Time High : The stock is trading at its all-time high, suggesting strong market confidence and potential for further gains. Target - 655 // 755 Stoploss - weekly close below 495 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insightsLongby Visionary_Growth_InsightsUpdated 13
Continuation basing PatternGood volume buildup in daily and weekly time frame. Continuation basing pattern breakout with good volume. Fundamentals are good. Net profit increased. FII & DII stake increased. NOTE: I do my analysis, do your before trade.Longby GreyandWise1
HBLPOWER: SYMMETRICAL WEDGENSE:HBLPOWER stock is currently forming a symmetrical wedge pattern following a significant rally, indicating potential consolidation before the next major price move. This pattern suggests a period of indecision in the market, with equal pressure from both buyers and sellers. A breakout above the upper trendline would signal a continuation of the previous uptrend, targeting 770. Conversely, a breakdown below the lower trendline would indicate a reversal, suggesting a possible decline towards the stop loss at 505. Traders should watch for a decisive breakout or breakdown to confirm the next direction.Longby VanshikaUdeshiUpdated 6
HBLPOWERBO after months of consolidation. Pls do your own research before entering a trade. Boost the post if you like the idea. Thank youLongby ARAVINDKUMAR247
HBLPower looking to flyWill go long above the high of breakout candle for a target of 780-800. SL can be breakout candle low.Longby feroz777771
breakout looking from here breatout looking from here in hbl power after a long consolidation Longby aliashif2
How to find Trendline breakout trades??? 1:- we have draw first a neat and clear visible to us that trendline is following the pivots. 2:- Then we have check breakout has given a proper green candle breakout. 3:- See the Risk of the trade & Target. 4:- Follow the proper rules until price will come to our entry point then we can make entry otherwise we should avoid that Trades. Follow me for such type of learning trades. You can see my past performance trades in my tradingview Id. Share to your friends and family for becoming our members. Hope you love this trading sessionLongby mitesh_patil_3999221
HBL Power After testing the patience between 450 to 500 levels, finally it gave a BO and looks good for the reversal rally Levels are marked accordingly on the chart.Longby happyvegan10118
HBL Power Breakout!Breakout in hbl power systems, potential of upto 605 - 1st target, almost 20% gain expected!!Longby keshavsingla5
HBL POWER reclaims 10 & 20 EMA and poised for further growthHBLPOWER has seen a good reclaim of the 10 & 20 EMA after almost a consolidation of more than 10 days with 100% increase in volume on daily TF. The company has a minimum 50% increase in sales QoQ growth for the last 3 quarters and close to 150% increase in EPS. Good for swing traders. Can expect an upward momentum of a min of 20%. Entry - INR 490 (Trade Initiated) SL - (Day Low) - INR 454 TSL - According to your risk profile. Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.Longby RokdevildivineUpdated 2
HBLPOWER 15% Upside Potential cmp 471.20 HBLPOWER technically bullish and given breakout on the weekly chart. Seen upside momentum above the weekly resistance. Can Buy with Target 495, 517, 539 14.20% Upside PotentialLongby MaideenUpdated 7720
BREAKOUT #HBLPOWER gives a clear and strong breakout at 480 levels. This stock has been in a very strong uptrend. Manage your risk and trade accordingly Longby shubham_sali8
HBL POWERThe stock has been in an uptrend. Lately it has been consolidating and making a Vcp pattern. Risk n reward is favorable with stoploss below 438.Longby Rah3430
Bought HBL POWER at 330.The technical chart looks quite bullish, and the fundamentals are also great.Longby nuevatraders9
HBL POWER - FRESH ATH MOVE?HBL Power offers a good setup in the extreme short term and has managed to hold on to key support levels despite global uncertainty and volatility. With the stock respecting the 0.618 levels and consolidating above it, it setups itself nicely to break its ATH and resume its momentum. Longby DhruvDeoraUpdated 5
Take some thrillBreakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights into shifts in market sentiment and potential price movements. 3. **Entry Points:** Breakout points serve as potential entry points for traders looking to ride the momentum of a newly established trend. Buying on a breakout can capture the early stages of a price movement. 4. **Confirmation of Strength:** Successful breakouts indicate the strength of a trend. If an asset breaks out with high volume and follows through with sustained price movement, it suggests a strong trend in that direction. 5. **Avoiding False Signals:** Breakout strategies often include using indicators or confirmation signals to avoid false breakouts. This can enhance the accuracy of trade decisions. 6. **Defined Risk and Reward:** Breakout trading allows for setting clear stop-loss levels below the breakout point, which helps manage risk. Traders can also calculate potential profits based on the distance between the breakout point and a projected target. 7. **Adaptable to Various Markets:** Breakout trading can be applied to various markets, including stocks, forex, commodities, and cryptocurrencies. The concept remains consistent across different assets. 8. **Flexibility:** Traders can adapt breakout strategies to their preferred timeframes, whether they are day traders, swing traders, or long-term investors. 9. **Liquidity Opportunities:** Breakout points are often associated with increased trading volume, which can provide better liquidity for executing trades. 10. **Risk vs. Reward Assessment:** Traders can evaluate the potential risk of a trade (stop-loss) against the potential reward (target price), aiding in decision-making and portfolio management. 11. **Psychological Advantage:** Successful breakout trades can boost a trader's confidence and discipline, reinforcing the effectiveness of their strategy. 12. **Market Events:** Breakouts can occur around significant market events such as earnings reports, economic data releases, or geopolitical developments, offering traders opportunities to capitalize on sudden price movements. Remember, while breakout trading offers potential advantages, it also carries risks. False breakouts and market reversals can lead to losses. Successful implementation requires a solid understanding of technical analysis, risk management, and the ability to adapt to changing market conditions.Longby UnknownUnicorn240854725
#HBLPOWER LONG TRADE IDEA SETUPGreetings Folks, today i have prepared a setup of HBLPOWER on NSE the setup is as follows - the price is in good bullish rally and is now consolidating - forming a some kind of pattern as depicted - major support marked under the pattern - 2 types of entries possible as marked dont play with fire, always use predefined stoplossLongby profitpujari6