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Breakouttrading

SIWNG IDEA - MOTHERSON SUMI The current market conditions suggest a favorable buying opportunity in MOTHERSON SUMI , presenting astute investors with the possibility of capitalizing on potential gains. Reasons are listed below : Following rigorous testing at the 98 levels, the resistance has shown signs of weakening, heightening the likelihood of an imminent breakthrough. Stock is in Uptrend i.e higher highs are being made. Price moved from 62 to 103 and then retraced till 0.382 Fibonacci level and is now breaking out. Price is above 50 and 200EMA i.e the trend is intact. Target - 123 // 134 StopLoss - Weekly close below 90
NSE:MOTHERSONLong
by Visionary_Growth_Insights
5
Wild tradeMassive inverted HS building up to break out the triangle. Aussie is correlated to Gold, and the US Dollar will suffer from the monetary policies of the FED. This trade is not for everyone. If you are a day trader probably it will be frustrating for you. It could take months to play out. Open a long position and add at every pull back. We will have a fight at the upper vertex of the triangle. The SL triggers if the inverted HS pattern is busted in the weekly timeframe. Give it time. In Forex you only need a few trades a year to make great profits but patient is needed.
Long
by ArturoL
3
CAVA Cup & Handle Breakout TradeHappy Tuesday everybody, the stock caba is set to make a breakout of a base soon and I'm going to make a play on it to see if I can catch that move doing a buy to open and setting my stop loss below Monday's low. This stock is part of the consumer cyclical sector which has been performing well possibly because of pending interest rate cuts leading to increased consumer spending with credit cards but I'm not really sure if that's the cause.
NYSE:CAVALong
by PappyTrading
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
ALERT - Indigenously developed Nuclear Submarine heading NEindigenously developed Nuclear Submarine " Pattern " - by Reliance Industries - is Heading NE Targets Locked and Loaded 1st Target - 32* N, 10*E (Rs. 3,210) 2nd Target - 35*N, 25*E (Rs. 3,525) 3rd Target - 40*N, 20*E (Rs. 4,020) 4rd Target - 48*N, 28*E (Rs. 4,828) Sorry folks - When I saw this pattern - I couldn't just control myself and came up with this Prank 🤣😆😄🤩 Anyways, Reliance Industries has broken out of a Box Pattern and is ready for a Blast
NSE:RELIANCELong
by Stocks-n-Trends
Adobe - Preparing a multi year breakout!NASDAQ:ADBE has been consolidating for some time and is definitely ready for a breakout. Adobe is a stock, which is clearly heading higher on a macro perspective. Just two months ago, Adobe actually retested an important horizontal structure and managed to create bullish confirmation, followed by a reversal towards the upside. Eventually, Adobe will also break out of the ascending triangle formation, which has been forming over the past 5 years. Levels to watch: $650 Keep your long term vision, Philip - BasicTrading
NASDAQ:ADBELong
by basictradingtv
Amazon - Breakdown of the breakout!NASDAQ:AMZN is definitely ready for a major bullish (triangle) breakout. Here we have a textbook example of a bullish stock. Amazon's stock chart is simply moving from bottom left to top right. Of course there are minor corrections here and there, but the trend is clearly higher. For the past four months, Amazon has been hugging a horizontal resistance level and is preparing a bullish breakout. This will certainly become a decent break and retest setup. Levels to watch: $185 Keep your long term vision, Philip - BasicTrading
NASDAQ:AMZNLong
by basictradingtv
9
Stock of the Week: Poddar Pigments with Robust Financial HealthStock of the Week: Poddar Pigments ( NSE:PODDARMENT PODR) Fundamental Analysis : Poddar Pigments showcases a robust financial profile, making it an attractive pick for this week. The company holds more cash than debt on its balance sheet, indicating strong liquidity. Its liquid assets exceed any obligations, providing a solid financial cushion. Additionally, NSE:PODDARMENT Poddar Pigments has reported consistent profits over the last six quarters, highlighting its stable and reliable performance. Technical Analysis : From a technical perspective, NSE:PODDARMENT Poddar Pigments is trading above all major moving averages, signalling a bullish trend. The stock has achieved a significant 52-week breakout and is also breaking out of a box formed by the last 12 months’ consolidation zone. This breakout is supported by good volume strikes, indicating strong market interest. Moreover, Poddar Pigments demonstrates relatively higher strength than the Nifty index, with the RSI crossing above 60, further affirming its upward momentum. Entry - CMP Stop loss - 396.55 Potential upside - 643
NSE:PODDARMENTLong
by hrishikeshrahalkar
SWING IDEA - CARBORUNDUM UNIVERSALCarborundum Universal , a renowned conglomerate in the industrial sector, presents a compelling swing trade opportunity. Reasons are listed below : A bullish Marubozu candle on the weekly timeframe signals strong buying pressure and potential upward momentum. The stock is breaking out of a consolidation phase lasting over a year, indicating a significant shift in market sentiment and potential for sustained movement. Finding support at the 0.382 Fibonacci level strengthens the bullish case, providing a solid foundation for potential upward movement. The 50-period Exponential Moving Average (EMA) on the weekly chart acts as additional support, reinforcing the bullish bias. The stock is attempting to breach its all-time high, signaling strong upward momentum and potential for further gains. Notable increase in trading volumes reflects heightened market interest and potential accumulation by investors, adding confirmation to the bullish thesis. Target - 1405 // 1475 // 1650 Stoploss - weekly close below 1085 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:CARBORUNIVLong
by Visionary_Growth_Insights
20 Microns LTD have Broken All Time High With Very Good VolumeKey Activities • 20 Microns invests in research & development to develop innovative products & processes that can be used in various industries Key Products. White Pigment Opacifier Synthetic Aluminium Silicate High Performance Opacifier Flash Calcined Clay Matting Agent Polyethylene Wax Organo Clays Calcium Carbonate • Natural Baryte • Natural Talc • Natural Mica • Natural Silica • Calcined Kaolin • The company works with close proximity with its customers to provide customized solutions based on their specific requirements Key Resources • Mines • Technology & R&D prowess • Human Resources • Trusted Brand Image Cost Structure • Raw material cost is ~50% of the revenue • Other major costs are power & fuel, freight & logistics accounts Revenue Generation • Revenue is generated from sale of industrial minerals, specialty chemicals and branded products. • The company also generates revenue from sale of its products outside India. • The company has formed strategic alliances and joint ventures with global players, which help to expand its business and generate revenue from new markets. Revenue from Operations - ₹ 921.40 mn EBITDA - ₹ 106.10 mn EBITDA Margins – 11.52% PAT - ₹ 32.40 mn PAT Margins – 3.52% Financial Performance Comparison FY24 v/s FY23: Consolidated revenue from operations increased by 10.80% and stood at ₹7,774.93 Mn in FY24 from ₹7,016.87 Mn in FY23. This growth was led by addition of new customer and through enhancing our core offerings through several strategies, such as expanding distribution channels and launching new products. EBIDTA increased by 22.63% from ₹857.36 Mn in FY23 to ₹1,051.34 Mn in FY24 margins improved from 13.52% in FY24 to 12.22% in FY23. PAT during the year stood at ₹561.60 Mn in FY24 compared to ₹419.62 Mn in FY23 with margins improving to 7.22% from 5.98%.
NSE:20MICRONSLong
by iism-ExpertTrading
1
ASX:OFX – A Rare Gem with Perfect Piotroski Score and Breakout PFundamentals : OFX Group, listed on the ASX under the ticker OFX, presents a compelling investment opportunity this week. The company boasts a perfect Piotroski F-Score of 9, an exceptionally rare achievement that underscores its financial strength and operational efficiency. Currently trading at its fair value, OFX has turned profitable over the last 12 months and is poised for continued profitability this year. ASX:OFX ASX:OFX Technicals : From a technical standpoint, OFX has achieved a significant 52-week breakout, further enhancing its investment appeal. The stock has formed a rounding bottom pattern, a classic technical signal indicating the potential for a strong upward movement. Analysts project a potential upside of 30%, making this a promising candidate for growth. A potential Setup: • Entry: Current Market Price • Stop Loss: $2.00 • Potential Upside: $2.90F
ASX:OFXLong
by hrishikeshrahalkar
EURCAD POTENTIAL SUPPORT BREAK?????Pair: EURCAD Timeframe: 30M Analysis: Trend line, volume profile , support and resistance, trend break, consolidation, ascending triangle pattern ————— Key Takeaway: Been a alot of consolidation between 1.47450-1.47200 and we could finally see a break. Need to look for a close below dynamic support and our trend line and then a retest of these levels before entering short. ————— Level needed: need a close bellow 1.47200 ————— Trade: SHORT RISK:REWARD 1:4 SL: 1.47340 TP: 1.46950-1.46640 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
4
AUDUSD RESITANCE BOUNCEPair: AUDUSD Timeframe: 1H Analysis: Trend line, volume profile , support and resistance, trend break, reversal ————— Key Takeaway: Seen a great bearish reaction from our dynamic resistance and trend line. Will wait for a good drastic bearish reaction from this level before entering short. ————— Level needed: need a close bellow 0.66660 ————— Trade: SHORT RISK:REWARD 1:8 SL: 0.66770 TP: 1.66194 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
3
GBPCAD TREND LINE BREAKOUT IDEAPair: GBPCAD Timeframe: 4H Analysis: Trend line, volume profile , support and resistance, trend break, reversal ————— Key Takeaway: Been trending bullish for a good while and now seeing signs of a reversal. Price has broken our bullish trend line and is consolidation between two key levels of support and resistance. If we seen a lot of bearish movement and close below support then we will enter ————— Level needed: need a close bellow 1.74000 ————— Trade: SHORT RISK:REWARD 1:8 SL: 1.74200 TP: 1.73400 onward ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
XAUUSD CONSOLIDATION BREAKPair: XAUUSD Timeframe: 1H Analysis: Round number level, trend line, volume profile , support and resistance, pennant pattern, consolidation ————— Key Takeaway: For a full day we have seen the pair consolidate between 2332.8-2326.5 and we havent managed to break either levels. When the pair does we are either looking for a short or long trade depending on the confirmation of breakout (bullish or bearish). Once it does break out either way, we will look to take profits toward the top pennent resistance or bottom pennant pattern support trend line. ————— Level needed: need a close above 2332.8 or a close below 2326.5 ————— Trade: NEUTRAL RISK:REWARD 1:6 SL: — TP: — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
OANDA:XAUUSD
by TheGoldRoom