Breakoutmasters

Breakoutmasters

1. Wave 4 as per EW Theory seems to be in progress. The price actions seems ready to breakout for Wave 5 and a potential 35% upmove. Wave 4 has retraced almost 38% and rise in Volume in last few week shows that wave 5 is just about to begin. 2. Breakout from the rectangular box above 170 can potential take the price to 225-235 range i.e. ~ 35% up from...

Breakoutmasters

1. There is formation of typical Bullish Flag like pattern on Daily Time frame and breakout above 590 can take the price to 750/- price level I.e. potential of approx. 30% upmove with a stop loss below today’s low I.e. 517/-. Giving an excellent opportunity of 1:2 Risk : Reward. 2. As per Elliott Wave Analysis, wave - 4 is under formation taking support at 38.2%...

Breakoutmasters

This seems to be a possible wave count as per Elliottwave. Here wave 4 seems to be completed and movement for wave 5 has commenced which can lead the stock to the range of 900-1000 /-. Additionally breakout on the falling wedge also interprets strong upward movement.

Breakoutmasters

Coffeeday Enterprises seems to be in the 5th of C wave. Wave 4 is already complete and price in its 5th wave has already breached above wave 3. As per the guidelines the price is likely to reach in the range of 95-105 by the end of wave 5.

Breakoutmasters

Cup and Handle pattern on weekly chart has formed and Breakout with high volume has occurred above the neckline. This stock has the potential to double in no time.

Breakoutmasters

A Bullish Flag Pattern is under formation on daily chart with a potential of going as high as 1200 i.e. more than double of current price. Potential targets are 740/ 950/ 1220 with a very small Stop Loss of 530. Current Market Price - 574.