Amazing breakout on WEEKLY Timeframe - RAMAPHOCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
Check this stock which has made an all time low and high chances that it makes a "V" shaped recovery.
> Taking support at last years support or breakout level
> High chances that it reverses from this point.
> Volume dried up badly in last few months / days.
> Very high suspicion based analysis and not based on chart patterns / candle patterns deeply.
> VALUABLE STOCK AVAILABLE AT A DISCOUNTED PRICE
> OPPURTUNITY TO ACCUMULATE ADEQUATE QUANTITY
> MARKET AFTER A CORRECTION / PANIC FALL TO MAKE GOOD INVESTMENT
DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING.
HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT !
STOCK IS AT RIGHT PE / RIGHT EVALUATION / MORE ROAD TO GROW / CORRECTED IV / EXCELLENT BOOKS / USING MARKET CRASH AS AN OPPURTUNITY / EPS AT SKY.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
RAMAPHO trade ideas
Swing Trade Plan: Rama Phosphates Ltd“Rama Phosphates Ltd is showing a technically strong breakout backed by volume and supported by a fundamentally improving outlook. The current level offers a favorable risk-reward swing opportunity for a 5–10 day holding period.”
Technical Overview:
Current Price: ₹123.03
20 EMA: ₹117.96 (Price above 20 and 50 EMA = short term and medium term indicator)
Breakout after facing a consolidation zone (₹113–₹119 range) with Strong bullish candle and volume confirmation.
📌 Fundamental View:
The company is fundamentally stable with growth potential in the fertilizer sector, especially during monsoon-driven demand spikes. Technical strength now aligns with mid-term fundamental value.
Company P/E ratio is attractive debt free or low debt which is positive sign for small cap. company's quarterly performance is good. company gives regular dividends which adds investors confidence.
📊 Trade Levels:
Buy Zone 121–123 Breakout confirmation entry
Stop Loss 116 Below 20 EMA and recent support zone
Target 1 130 Previous swing high
Target 2 138–140
Risk–Reward ~1:2.5