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Breakouttrading

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.insights
NSE:HBLENGINELong
by Visionary_Growth_Insights
SWING IDEA - CASTROL INDThere seems to be a strong breakout in CASTROL IND . This could potentially be an excellent swing trade. Reasons are listed below : Multiple tests on 161 levels and finally the price broke these levels with high volumes. Marubozu candle (bullish sign) on weekly timeframe. Breakout after a strong consolidation of 5years . Stock price is above 50 and 200EMA i.e the trend is intact. Target - 213 // 242 // 271 StopLoss - weekly closing below 145 levels
NSE:CASTROLINDLong
by Visionary_Growth_Insights
How I found and identified Five 100%+ return swing trades!It's not too late! My job i to identify the liquidity being built and since we're trading options, time the breakout as best we can. As you can see on these 3 equities, in addition to 2 more I'm trading (PYPL, UPS), we've built sufficient liquidity over the past few months in order to make these breakouts. So keep an eye out for controlled selling and re-entry opportunities - it's never too late to catch another breakout! Happy Trading :)
NASDAQ:ROKULong
by ReigningTrades
IFCI Giving a Strong BreakOutIFCI Ltd. operates as a non-banking finance company, which engages financing activities that cover various projects. It supports projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries.The company was founded on July 1, 1948 and is headquartered in New Delhi, India. Stop-Loss: 65 Target: 85 Consider exiting half your position after a 10-12% gain and hold the rest to capture the trend. Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a professional advisor before making any investment decisions.
NSE:IFCILong
by Akshaytrader007
ENGINERSIN giving a good BreakoutEngineers India Ltd. engages in providing engineering, technical, and consultancy services. The firm operates through the following segments: Consultancy & Engineering Projects and Turnkey Projects. The company was founded on March 15, 1965 and is headquartered in New Delhi, India. Stop-Loss: 268 Target: 350 Consider exiting half your position after a 10-12% gain and hold the rest to capture the trend. Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a professional advisor before making any investment decisions.
NSE:ENGINERSINLong
by Akshaytrader007
Amazon - Why is there no resistance?NASDAQ:AMZN broke out of a long term consolidation phase and is starting a massive rally. Every major consolidation is followed by a major breakout. And if the overall trend is bullish, a bullish breakout is more likely to happen. Last month Amazon finally broke above a multi year resistance level and is now heading back to the top of the rising channel formation. If we actually get a retest of the breakout level, you can then simply enter a long position. Levels to watch: $180, $380 Keep your long term vision, Philip - BasicTrading
NASDAQ:AMZNLong
by basictradingtv
6
Watch out FDX, ZION and HLNE - Prices are ready to soar!FedEx The stock price has been following a downward trend within a parallel channel. After reaching a base near the 145 level, the price started to move in an upward direction. With the support of a trendline, the stock managed to break through its trendline resistance with strong volume. As long as the price remained below the 50 EMA, it faced resistance from the 50 EMA. However, once it broke above the EMA, it found support from the 50 EMA multiple times. The current RSI is above 60, indicating the strength of the buyers. The MACD line recently crossed over the signal line from below, signalling a bullish sentiment. Zions Bancorporation After the Symmetrical Triangle pattern breakout, the price surged and reached a high near the 75 level. However, the stock failed to sustain the uptrend and dropped to its support zone. A Head & Shoulder pattern emerged, signalling bearish sentiment. When the neckline was breached, the price significantly dropped to its previous support level near 22. The stock then moved up with higher trading volume. It later formed an Ascending pattern and recently experienced a sharp breakout. The current RSI is above 60 and trending upwards, indicating buyer strength. Hamilton Lane Before, the stock price made an Ascending triangle pattern and after breaking out, the price consolidated before going up. The stock price encountered a sharp rejection around the 115 level and fell significantly. Following a substantial consolidation, the stock formed a Cup & Handle pattern. When this pattern appears on the chart, it typically signals a continuation of the trend. After the breakout, the stock price is on the rise. The current RSI is above 60 and the RSI line is also trending upwards, demonstrating the strength of the buyers.
NYSE:FDXLong
by NaranjCapital
MAZDA LTD Breaks Out Strongly After 200 DaysMazda Ltd., headquartered in Ahmedabad, India since 1990, operates in process and power industries through two key segments: Engineering Products and Food Products. The Engineering Products segment offers a range of goods including vacuum systems, evaporators, and pollution control equipment. The Food Products segment specializes in producing food color, fruit jams, and fruit mix powders. Discover how Mazda Ltd. is driving innovation and quality in both engineering and food product markets. Stop-Loss: 1490 Target: 2000 Consider exiting half your position after a 10-12% gain and hold the rest to capture the trend. Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a professional advisor before making any investment decisions.
NSE:MAZDALong
by Akshaytrader007
Nasdaq - (Bullish) Clarity in two days!TVC:NDQ is now retesting a very important inflection level and maybe attempting a breakout. Parabolic rise or -20% correction over the next couple of months. So far there is a lot of uncertainty as to whether the Nasdaq will manage to break above the current resistance trendline. We simply have to wait for this monthly candle closure as well as the monthly candle closure of July until we can make a clear prediction. So far, everything is still possible! Levels to watch: $20.000, $16.000 Keep your long term vision, Philip - BasicTrading
TVC:NDQLong
by basictradingtv
16