Breakoutsignal
10 Years breakout good potential small cap stockMMTC trading at 74.90 which gave a range breakout of 10 years and it's looks good for long after give retracement near 64.60.
TGT 1 : 105
Note: I'm not SEBI registered. Consult your financial adviser before take a trade.
part-2 of Multibagger of 2024! Govt. focus sector for 2024URJA Global
Govt. launched so many schemes this year related to this sector. this stock is traded at near 2 Yrs high. I'm bullish for long term. Buy at every retest and profit booking.
NOTE: We are not SEBI registered. It's for knowledge purpose only. Consult to your financial adviser before take any trade.
Short AUDUSD! New Lower Low Formation and Breakout of Key LevelWe expect further downside on this pair, signalled by the formation of the new lower low which is a sign of bearish market structure. We can also see the breakout and retest of a key level which further supports our directional basis.
EURUSD Breakout OpportunityHi Traders!
EURUSD is in a descending triangle, and there is a possibility of a break below the trendline support.
Here are the details:
The market is trending down with swings of lower highs and lower lows following the break and close below the 20 EMA. Our idea is to sell rallies, looking for a break below the support trendline at 1.07237.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
USDJPY Symmetrical Triangle Pattern Breakout ShortWe expect further downside on this pair, signalled by the symmetrical triangle pattern breakout. We can also see the breakout of a trendline and key level which further supports our directional basis.
Part 3: Multibagger 2024,this stock will blasted this year!NSE: Hathway (1M)
Good consolidation before this upside move
We'll may see it on the resistance in coming months as from 2 Yrs Media sector don't gave any momentum so This year may gonna be boom for media.
NOTE: We are not SEBI registered. It's for knowledge purpose only. Consult to your financial adviser before take any trade.
Good Opportunity! Trading at Best buying priceDear all investor and traders,
here you can see in above image that how IEX gave a good consolidation on weekly TF and If it sustain above 149 on weekly TF then you can see a good upside move.
NOTE: We are not SEBI registered. It's for knowledge purpose only. Consult to your financial adviser before take any trade.
14 Years Breakout in banking sector stockBank Of Baroda
It give 14 years range breakout. I'm bullish in this stock.
NOTE: We are not SEBI registered. It's for knowledge purpose only.
My 5 potential trades for this weekTrend is long term bullish but currently bearish.
We are close to hitting bearish trend line.
Falling wedge with recent double bottom.
Multiple FVG’s to be filled.
All indicative of an impending reversal to initial direction.
1) long @ 1.07884 if $ & downtrend $ is swept
2) long @ 1.07225 if 4h $ & bullish $ is swept
3) long @ 1.08553 if OB & trend line $ is broken
using OB as breaker block to be rejected.
4) short @ 1.08553 if OB is rejected
5) short @ 1.09328 if FVG & 4h $ is rejected
being mindful of rejection off possible
breaker block and bearish trend line for
indication of reversal
SCI - Poised for a 10-15% upmove swing tradeThe stock is hovering around it's All time high. It looks poised to break it's ATH.
Trend - up.
RSI - Supporting > 60.
Buying pressure observed on each demand.
Entry - 170 - 172.
Target 1 - 188-191.
Target 2 - 199-201
Target 3 - 208-210.
GBPUSD Pressure Mounting On the Pound
Hi Traders!
A symmetrical triangle has formed on the GBPUSD 1D chart, and we could have a breakout soon as pressure is quickly mounting on the pound.
Here are the details:
The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bearish due to the market swings; the lows and highs are starting to get lower, and additionally, the market has broken and closed above the 20 EMA.
The fundamental news also supports our bearish view. Earlier today, the MPC Official Bank Rate Votes came out at 2-1-6 which was surprising and worse than expected. Traders will read this as uncertainty for the pound while the dollar continues to strengthen.
As long as the market is still below the 20 EMA, our view will remain bearish. We expect some more consolidation before a possible third attempt at the trendline resistance.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Resistance: 1.27508
Support: 1.25965
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
AUDJPY Ascending Triangle Pattern BreakoutWe expect further downside on this pair, signalled by the ascending channel pattern breakout. We can also see the breakout of a counter trendline which further supports our directional basis.
NZDUSD Ascending Triangle Possible BreakHi Traders!
An ascending triangle is forming on the NZDUSD 4H chart, and we could have a breakout soon.
Here are the details:
The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bullish due to the market swings; the lows and highs are starting to get higher, and additionally, the market has broken and closed above the 20 EMA.
As long as the market is still above the 20 EMA, our view will remain bullish. We expect some more consolidation before a possible third attempt at the trendline resistance.
Preferred Direction: Buy
Technical Indicators: 20 EMA
Resistance: 0.61489
Support: 0.61186
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
EURGBP Descending Triangle Pattern Breakout LongWe expect a reversal to the upside on this pair, signalled by the descending triangle pattern breakout and counter-trendline breakout. We can also see the breakout of a key level which further supports our directional basis.
EURUSD Possible Falling Wedge BreakHi Traders!
A falling wedge is forming on the EURUSD 4H chart, and we could have a breakout soon.
Here are the details:
The market has found support and resistance at both the trendline support and trendline resistance of the wedge, as the market is looking for a direction.
Looking at the price action, it looks bullish; we have had multiple tests at the trendline support and have broken above the 20 EMA. The market is currently on the trendline resistance, and we are looking for a break and a close above the trendline.
As long as the market stays above the 20 EMA, our view will remain bullish. We expect some more consolidation before a possible attempt at the trendline break.
Preferred Direction: Buy
Technical Indicators: 20 EMA
Resistance: 1.08501
Support: 1.07960
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Auropharma giving positive vibes on Hourly and Fifteen mins TFAuropharma is looking on the verge of a breakout due to following reasons:
1. Monthly, Weekly, Daily, Hourly RSI >60.
2. Ascending Triangle formation on hourly/ 15mins chart.
3. 15mins RSI is flirting around 60 which shows the underlying strength.
4. Volume profile shows accumulation is almost complete at slightly lower levels.
5. Underlying current in the pharma sector.
6. Underlying strength in the stock market.
TATA POWER showing bullish divergence breakout of raising wedgetata power showing bullish signs as previous weekly gave bullish close and daily RSI showing convergence strength.
according to breakout it can reach 475 target.
SILVER Trendline Resistance BreakHi Traders!
SILVER has broken its trendline resistance on the 1D chart.
Here are the details:
The market has found support around the 21.874 level, which is a previous swing low. Today's candle has opened above the trendline resistance and is currently on the 20 EMA.
We are looking for a close above the trendline resistance and a momentum push above the 20 EMA. The plan here is to buy market dips near the trendline resistance.
Preferred Direction: Buy
Resistance (FLAG CHANNEL): 23.25
Support (FLAG CHANNEL): 21.874
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
USDCAD Triangle PatternHi Traders!
There is a triangle pattern on the USDCAD 4H chart ahead of the Bank of Canada (BoC) Monetary Policy Report, Rate Decision, and press conference.
Here are the details:
The price action looks bullish due to US dollar strength, and the market is currently in a consolidation phase in the triangle.
Depending on what we get later from the Bank of Canada, we may get a re-test of the monthly high at 1.35420 if the triangle resistance breaks.
It is expected that the BoC will hold rates at 5%.
Preferred Direction: Buy
Resistance: 1.34797 (TRENDLINE RESISTANCE)
Resistance: 1.35420 (MONTHLY HIGH)
Support: 1.34401 (TRENDLINE SUPPORT)
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
💹A trading opportunities - Short USDCAD retracementLook no further! Our analysis shows that USDCAD is currently in an uptrend in 4H or above timeframes. However, we’ve identified a potential opportunity for a short trade. Key Level 1.3480 has been broken, and we’re waiting for a retest on resistance levels (as marked as Sell limit levels on chart). If all goes well, we could see a touch on 1.3453 and gain some pips from this short trade. More take profit levels and the stop loss are marked on the chart too. 🤑🤑🤑
I hope this helps! Remember, trading is risky and always do your own research and analysis before making any trades. Good luck! 🤞
breakoutstock breakout sentiment and its resistANCE LEVEL
STOCK AT LIFE TIME HIGH LEVEL
Industry Peers & Returns 1W 1M 1Y
SUVEN LIFE SCIENCES 24.1% 52.1% 88.2%
SUN PHARMACEUTICAL INDST 1.5% 7.5% 30.6%
DIVIS LABORATORIES -1.3% 6.1% 13.7%
CIPLA 2.9% 7.6% 23.1%
DR REDDYS LABORATORIES -1.2% 1.7% 33.4%
TORRENT PHARMACEUTICALS 6.3% 18.7% 59.3%
ABBOTT INDIA 8.7% 12.9% 13.4%
ZYDUS LIFESCIENCES -1% 9.6% 63.6%
ALKEM LABORATORIES -3% 3.3% 66.9%
