EQUITAS , has given breakout from 3 month ascending triangle formation. Horizontal line which acted as resistance in past has now acted as support and it looks bullish above 60.5.

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Piyush, shouldn't it be bullish above 61.7?

Have you taken resistance of 5 min chart.. ie.60.5
Also, for sake of learning please share your stoploss and target also

will it be: 58.95 and 66.1 (a little below major resistance at 68)
+6 Reply
Piyush-Gupta designDemon
@designDemon, sir I just checked daily candles to find levels.
Only problem with sharing full analysis is that majority of people will blindly buy or sell and they won't even bother to look at chart.
Full analysis I discuss with my students in our private groups and also share on channel
+6 Reply
designDemon Piyush-Gupta
@Piyush-Gupta, oh ok, I've taken your course and have messaged you on Telegram as karan.
Do reply there.
+2 Reply
Piyush-Gupta designDemon
@designDemon, Thanks Karan.
+1 Reply
nice explation of price volume and there movement.
+2 Reply
Hi Piyush, Agree with your analysis on breakout. But 61.55 is 100 DEMA which is acting as resistant and stock unable to break the same. As suggested bullish above 60.5, any target?
+2 Reply
@AnkitMal, thanks for adding to the analysis. I don't use ema hence didn't check.
I strongly feel if market is bullish then it will help this stock to cross that hurdle.
Without market momentum, it can go sideways or test level again
Nice one
+1 Reply
You make it very simple and easy to understand...thank you Piyush ji
+1 Reply
@jkreddy, thank you for your kind words
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