Tinplate Company of India Ltd NSE: TINPLATE Forming a reversal rectangle with a massive bigger base of 14 months; a surge in volume on 17Jul23 with higher delivery qty and further consolidation at breakout zone is indicating a potential breakout sooner. View invalid level 300
Gateway Distriparks Ltd NSE: GATEWAY After a 363% UpSwing GATEWAY forming a 30Months+ Range consolidation at higher levels, forming a potential breakout. Recent upmove from 27May23 to 05Jun23 confluences with bigger volumes and even it holding the price at higher levels for more than 45 days. Expecting a bigger breakout around in GATEWAY sooner.
Thomas Cook (India) Ltd NSE: THOMASCOOK Formed a massive 21 month Range bound price compression and is near 52 week high zone. Volume popup's visible. About to give a breakout. Prior Uptrend forms a bullish flag pattern in play.
Share India Securities Ltd NSE: SHAREINDIA SHAREINDIA Formed a massive 18 Months of Bullish Flag Pattern at ATH. Recent sharp down move on 03JUL23 is not aligning with the pattern formation. Once the candle high is taken out. Clears the path. candle high has to be taken out with volume. Entry above 1320 Stop Swing low once breakout confirms Invalid level...
AMI Organics Ltd NSE: AMIORG On 15 May 2023 AMIORG gave a Rectangle Breakout after multiple retests with a massive breakout volume. After a small follo-through; a sharp downmove with low volume retesting the rectanlge pattern. Likely to consolidate near the pullback zone; and move above 1300 to fly higher. Strong close above 1300 confluences the pattern with...
Tata Metaliks Ltd NSE: TATAMETALI Forming an ascending triangle with bullish volume spikes for every re-test at 860-880 zone. almost completed 4 re-tests and huge volumes popping up this time. A strong close above 865 confirms breakout with a SL of 790 and Target of 1000
Unichem Laboratories Ltd NSE: UNICHEMLAB A long VCP pattern is about to play in UNICHEMLAB. Prior Breakout gave a sharp sell off which was absorbed and gave a decent immediate upmove with high volumes. Contraction at the juncture; a strong close above 400 is a good buy with 270 as Stop and 680 as target.
Suven Pharmaceuticals Ltd (NSE: SUVENPHAR) Formed CnH Pattern with 200+ Days of pattern formation with buildup of time correction at the breakout level. Volumes dried up at the buildup, signaling potential breakout sooner. A strong close above 495 with raise in volume confirms pattern breakout. 480 as a minor stop and 465 as pattern invalid level. Target 600+
Breakout confirmed with surge both in price and volume. Clean breakout from range with well defined retests of horizontal boundary. Range took support at the top of longer Base Range. Expecting 1100+ soon :)
NSE:TRIVENI - gave a breakout above 200+ days with 6.72% surge in breakout candle confluences with huge volume. Likely breakout sustains and give a clean upside momentum..
holding key MA; surge in breakout volume and bigger consolidation on HTF as well. Likely to hit target and fly above ATH. #patience is required.
when everything is falling today; something is raising and standing tall against all. #ICICIBank that's my view.
This is simple Cvwap and Pvwap based intraday trend identification technique. Simple analysis, needs only solid execution.