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Breakouts signals

you have several screeners. kindly add one more to catch the breakout stocks on weekly charts and see the magic.
Posted by Parimal Posted on : 24-Feb-2014


Following additional comments were added on this wish.
Posted by Parimal
Posted on: 23-May-2014
Friends, philosophy of price movement of a stock: every move in price of a stock leads to consolidation. every consolidation leads to a price move. conversely, there is no move without consolidation and also there is no consolidation without movement in price.
it is just like running; one rests after running to gain momentum to run again.

Posted by Parimal
Posted on: 11-May-2014
AxisBank: too has given the breakout from the level of 1593 on 9th May 14. the level of resistance since 2010. maintaining this structure on the weekly chart, price may move upwardly.

Posted by Parimal
Posted on: 11-May-2014
BankNifty: as stated earlier, 13400 level for this Index would give a breakout from the resistance built over many years, and on 9th May 14 it happened. Nifty gave the breakout at 6400. now one should keep a close watch of this level. it is a sectoral breakout indicating good moves in banking stocks.

Posted by Parimal
Posted on: 09-May-2014
Gulfoilcor: very long consolidation, since March 2008 in a narrow range. seems price is about to breakout at 150. if it breaks out, upmove can very much be vertical. watch out this stock!!!

Posted by Parimal
Posted on: 09-May-2014
HeritageFood: weekly chart, first breakout happened after a long consolidation at 128 in Sept 12. now seems preparing for a second breakout above 273. long term investment possibility for big gain. if price moves down 273, one should get out of the stock.

Posted by Parimal
Posted on: 08-May-2014
FinolexCables: today the stock has closed above the lifetime high of 136-137. holding above this level, may see more upmoves in coming days.

Posted by Parimal
Posted on: 08-May-2014
Friends, successful breakout: VimtaLabs, the stock has given a breakout on weekly chart on 3rd April 14, at 61. it is a buy on every decline.

Posted by Parimal
Posted on: 07-May-2014
Dear Admin
thanks for the fantastic job done by you, yet it is a basic work. this gives me opportunity to work out on which stock has made a long term consolidation and then broken out of the resistance level. two to three years of consolidation is the minimum required period.
for example, BajajHolding is spotted by your screener. stock has broken out of a long resistance built over multi-years of consolidation. this i shall work out from time to time. and make each study published here for all the viewers. thanks again.

Posted by Admin
Posted on: 06-May-2014
We have added basic screening of weekly charts at
http://www.topstockresearch.com/TopMenu/ScreenerByChartPatternsforIndianMarket.html

Please let us know if it adds value to you and provide your feedback on how we can improve it further. Longer range screening is on the way. We will be adding monthly charts shortly.
Thanks
Site Admin

Posted by Parimal
Posted on: 06-May-2014
FinolexCable: broke out from multi-year resistance built at 65, at present price is facing resistance of life-time high at 136. crossing this resistance, price may quite high.

Posted by Parimal
Posted on: 05-May-2014
AjantaPharma: today the stock has given the breakout from the small range created since Oct.13. watch the stock clsely

Posted by Parimal
Posted on: 05-May-2014
Kirloskar Brothers: i gave a call on this stock above 191. the breakout on weekly chart seems to be a successful one. today the stock made a gain of more than 10 percent

Posted by Parimal
Posted on: 02-May-2014
Kirloskar Brothers: on weekly chart price has broken down the level of 191 in Jan 11, since then price attempted to cross this resistance but could not. price moved in a small range/ now the price is above this resistance level. holding above this level can give good upmove.

Posted by Parimal
Posted on: 02-May-2014
Keep a close watch on the Bank Nifty level at 13400 which is a multi-year resistance level on weekly chart. if this level is crossed, many front-line bank stocks will make big gains. some of bank stocks have already broken out. for example, Axis Bank, ICICI Bank etc. it will be a sectoral breakout. recently tire index gave a breakout and you can see the impact on tyre stocks. great gains made by all of them.

Posted by Parimal
Posted on: 02-May-2014
All friends who visit this site! please take note that breakouts on weekly charts after a long consolidation make worthy for long term investment. such stocks are less prone to general market volatility. i have already presented many examples here to make you aware of this fact.

Posted by Parimal
Posted on: 02-May-2014
All friends who visit this site! please take not that breakouts on weekly charts after a long consolidation make worthy for long term investment. such stocks are less prone to general market volatility. i have already presented many examples here to make you aware of this fact.

Posted by Parimal
Posted on: 02-May-2014
Glenmark: as shown in your Technical Indicators, has already broken out, next resistance comes at 730. if it crosses this resistance, price can touch 800+ in the medium term

Posted by Parimal
Posted on: 02-May-2014
Ajanta Pharma is consolidating for quite some time on day chart. a breakout above the resistance will take the price above 1200 in the medium time. and in long run, 1500 is also possible.

Posted by Parimal
Posted on: 02-May-2014
Hello Admini
hats off to you awesome presentations on Breakout on three time frames to start with! i am staying tuned to get your forthcoming breakout stories on weekly and multi-year time frames. breakout on weekly charts after a prolonged consolidation is the way to make investment decisions. GREAT JOB, SIR!

Posted by Parimal
Posted on: 30-Apr-2014
Hello Admini
that is wonderful news from your end. i really appreciate your kind efforts. heartfelt greetings from me. looking forward to weekly and multi-year breakouts as well. thanks a lot

Posted by Admin
Posted on: 29-Apr-2014
We have now added trend line break out in both directions for daily charts. It is divided for various interval to suit requirement of different type of traders. Please go to 'Technical Indicators' Menu. Hope it covers some of your requirement. We will be completing weekly , multi-year breakouts soon. Stay tuned.
Thanks
Site Admin

Posted by Parimal
Posted on: 11-Apr-2014
Hello My Dear Admini
Kindly tell me when you will be able to publish technicals on Breakout stocks. thanks and regards

Posted by Parimal
Posted on: 29-Mar-2014
Dear Admini
Adani Ports: 186 is the big breakout level built over long period of time, since 2008. staying above this crucial resistance level, price can see up-move.
when such resistances are taken out, big long-term business may unravel which we may not be knowing through any means. therefore, such technicals can indicate something significant. Adani Ports may be a very good example at the moment.

Posted by Parimal
Posted on: 29-Mar-2014
Dear Administrator
As stated in an earlier communication as regards breakout charts, by now through various evidences it has been proved well that breakouts if occurs on a weekly chart, it may give very good upmove. Look at Nifty chart, after six years the resistance of 6400 is taken out. Priced came close to 6400 again just to shoot up. it is possible that price may test near this level again when profit booking will start, then it may resume upmove again. this can happen around 16th May, election results to be declared then.

Posted by Parimal
Posted on: 25-Mar-2014
Dear Admini
thanks for the kind consideration on breakout stocks on weekly charts. once you present it on you site, i shall narrate a few rules to invest in such stock when a signal is created. looking forward to your forthcoming new feature on breakouts!

Posted by Admin
Posted on: 24-Mar-2014
Hi Parimal,

Our team is working on it. Stay tuned.
Thanks
Site Admin

Posted by Parimal
Posted on: 24-Mar-2014
Dear Admini
i request you to kindly do the needful on breakout stocks on weekly charts. please have a look at stocks in the tyre sector. last few months most of these stocks are just boiling. i repeat, such breakouts are for investment purpose by building a good portfolio. please do the necessary technical up-gradations. it will benefit all the members. kind regards

Posted by Parimal
Posted on: 18-Mar-2014
to the administrator (sorry typo, read SMA)
in regard to breakout charts of stocks, your kind and positive consideration is encouraging. thanks. it is preferable to add 50week SMA to track the support level. sometimes after breakout and some initial upmove, price takes support of 50Week SMA line, to shoot up again. kindly have a look at the weekly chart of Finolex Cables, after breakout at 65, price pulled back to 73 a few days ago, and then gave a quick run-up to 96.

Posted by Parimal
Posted on: 17-Mar-2014
to the administrator
in regard to breakout charts of stocks, your kind and positive consideration is encouraging. thanks. it is preferable to add 50week DMA to track the support level. sometimes after breakout and some initial upmove, price takes support of 50Week DMA line, to shoot up again. kindly have a look at the weekly chart of Finolex Cables, after breakout at 65, price pulled back to 73 a few days ago, and then gave a quick run-up to 96.

Posted by Admin
Posted on: 27-Feb-2014
Thanks for the feedback. We will do the analysis on the same and will get it incorporated. Could you please help us in setting priorities on the indicators on which you would wish to have this screener in preference to your usage?
Thanks
Site Admin

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