1. Price is respecting the trendline from Feb 2021 and it is now near the trendline and formed Hammer candle previous day. 2. Price might go up atleast 6500 in short term 3. If the price breaks the red line it will go upto 7400. Please like and share if you like this idea. Chart is Self Explanatory. I am not SEBI registered advisor and all Ideas posted by me...
This stock consolodated for more than a year and traingle breakout happen few days before.
Reason to Enter in this Trade: 1. Price Broke Channel Pattern Previously 2. Breakout from Ascending Triangle . 3. Good Volume during breakout. Entry : 325 Stoploss: 295 Target: 360 Chart is Self Explanatory.
Reason to have this stock in your Radar: 1. Breakout from Triangle (Blue Lines) on 29 March 2022 after the price took support from Long term Trendline (RED Line) 2. Price might take resistance near Orange line. Once it crossed, we can have target at 886. Target, Stoploss marked in Chart. Please like and share.
Reason to Enter in this Trade: 1. Took support at long term Up trendline. 2. Breakout from Ascending Triangle. 3. Good Volume today during breakout. Entry : 1480 Stoploss: 1330 First Target: 1620 Second Target: 1760 About Myself: Currently working as Project Manager in private company and trading for more than 2 years. Love to trade in Breakout and Breakdown...