Volumecontractionpattern — Trading Ideas on TradingView

NATIONALUM : Initiated a trade with 1% risk Initiated a swing entry in the scrip. Price had broken its all-time high a few weeks ago with a clean volume expansion, which offered an early entry. However, broader market conditions were not supportive then, so the trade was skipped. Post breakout, the stock pulled back and found support around the 20 EMA, followed by a rally. The subsequent retracement was smaller, clearly indicating weakening seller pressure. Now, price has once again broken above ATH with volume, and this time the overall market setup also appears favourable, aligning well with the stock’s structure. Entered the trade with 1% risk, keeping the stop loss below the larger basing structure. The stop is relatively wide by design, as the intent is to stay positioned conservatively and avoid getting shaken out in the current environment. Fundamentally, the stock remains in a healthy spot. EPS and sales have been improving over the past few quarters. The slight dip seen in the June quarter is visible across many stocks and doesn’t appear to be company-specific. Recent trends suggest a gradual pickup. A well-aligned structure + volume + market context swing setup with defined risk and open upside. 🎯 #SniperTraders #SwingTrading #Breakout #PriceAction #ATH #IndianStocks 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.

HINDALCO : Position initiated with 1% risk Took a position in Hindalco with a 1% risk allocation. With be targeting a 1rr move. The target may be adjusted depending on the overall market behaviour and price action in the coming days. The stock has given a clean breakout and closed above its previous all-time high, following a well-defined basing formation. Volume activity shows contraction during the basing phase and expansion during the breakout, suggesting institutional participation. While the expansion is not highly explosive, there is a noticeable rise in activity during the breakout candle formation, confirming strength in the move. From a fundamental perspective, Hindalco has maintained consistent growth in both EPS and Sales across the last few quarters, barring the recent June quarter which showed a temporary decline in line with broader market weakness. The data shows a clear upward trajectory overall. Operational performance remains solid, with both ROE and OPM holding steady, reflecting healthy margins and efficient capital utilisation. The broader market context also supports this bias. Nifty has regained strength after a brief dip below its EMA levels and is now trending upward with clear momentum. The index structure indicates a continuation bias, favouring long setups in fundamentally strong stocks. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.

POCL : Took a swing position with 1% risk There is a confirmed breakout supported by volume, along with a well-defined basing pattern. Additionally, both EPS and sales have been steadily improving over the past three quarters. Therefore, I’ve decided to enter a trade on the price retracement, while planning to manage the position based on the stock’s price action as well as the broader market trend. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.