Today we are back with new Top best Intraday breakout stocks to add in your watchlist for trading on Monday, 17th November 2024. We have Shortlisted mainly 4 stocks as listed below,
Best Intraday Stocks Near Breakout to add to watchlist, 18-11-2024 |
- Persistent Systems Limited (PERSISTENT)
- Oberoi Realty Limited (OBEROIRLTY)
- Tech Mahindra Limited (TECHM)
- Coforge (COFORGE)
Now we will look deep in to each Stocks and find the Support, Resistance and breakout level. So, without any wait we will move to the chart analysis of these stocks.
Also, Read our Previous Post About ' How to set Automated Smart Stoploss and and Targets for Intraday Traders'
Persistent Systems Limited (PERSISTENT) Intraday Breakout Analysis
Persistent Systems Limited (PERSISTENT) Intraday Breakout Chart |
Persistent Systems Limited Is the first stock in our watchlist. Above shown is the Hourly chart for Persistent stock. When we look in to it, we can see the Major support level at 5500 to 5600 range. And intraday resistance level at 5800 to 5830 level.
So, from these level you can expect a breakout above 5830 price level. After the breakout entry only possible with considering the live levels with Volume. We are only looking for bullish trades in these stocks, so we are not looking entries from support level.
Oberoi Realty Limited (OBEROIRLTY) Intraday Breakout Analysis
Oberoi Realty Limited (OBEROIRLTY) Intraday Breakout Chart |
Oberoi Realty Limited Is the second breakout stock to add in your list. Above provided chart is the Hourly chart of Oberoi Realty Limited and we will look the major Support and Resistance from it. The Major Resistance level at 2016 to 2005 price level. And Major Intraday support level at 1912 to 1888 price level.
You can loom for a breakout above the resistance level 2016 for bullish entries. We are only looking for Bullish trades in this particular stock. So entries at support not considered as of now. After breakout wait for Intraday confirm with lower time frame and volume.
Tech Mahindra Limited (TECHM) Intraday Breakout Analysis
Tech Mahindra Limited (TECHM) Intraday Breakout Chart |
Tech Mahindra Limited Is the third breakout stock in our watch list. Above given is the Hourly chart of Tech Mahindra Limited and Major support and resistance marked in it. Major Resistance level at 1716 and Major Intraday support at 1685 price level.
Breakout can be considered above 1716 with intraday lower time frame confirmation with Volume.
Coforge (COFORGE) Intraday Breakout Analysis
Coforge (COFORGE) Intraday Breakout Chart |
Coforge Is the forth and final stock in our watchlist which is near breakout. Above given is the Hourly chart with major support and resistance level. Major Resistance level at 8100 and Major Resistance level at 8000 price level.
So, consider a breakout above 8100 with intraday lower time frame confirmation with Volume.
Best Stock Breakout Analysis for 18-11-2024 in Malayalam
Below Give the Top Best Intraday breakout stocks to add in your Watchist for 18th November 2024, YouTube video in Malayalam language.
Conclusion
We have seen the Top Intraday Breakout stocks to add in your watchlist and look in details with the major Support, Resistance and Breakout levels. So, mark these levels in your chart and wait for Intraday lower time frame confirmation with volume to enter in to the trades. Join our free Telegram channel for live intraday updates.