Globus Spirits - 10 month Range Breakout with Huge Volume
From past 10 months, the stock was consolidating and range bound between Rs 730 to 900.
Today's price movement broken the resistance with huge volume and positively closed above 200 ema.
Safe entry at Rs 930, Stop Loss below Rs 844, Targets market in chart.
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Today's price movement broken the resistance with huge volume and positively closed above 200 ema.
Safe entry at Rs 930, Stop Loss below Rs 844, Targets market in chart.
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Comment:
Weekly Bullish Closing.
Comment:
Alcoholic Beverages are created lot a buzz recently.
United Spirits - The stock was range from past 4 month and given a breakout with bullish candle and huge volume.
Price closed above 200 ema.
Target 10% , Stop Loss below 20 ema
United Spirits - The stock was range from past 4 month and given a breakout with bullish candle and huge volume.
Price closed above 200 ema.
Target 10% , Stop Loss below 20 ema
Comment:
Radico Khaitan - The stock continuously moving upward in symmetrical triangle and hidden parallel channel.
The breakout from support level and strength confirmed by RSI and Volume indicator.
Target and Stop Loss as per price action and momentum.
The breakout from support level and strength confirmed by RSI and Volume indicator.
Target and Stop Loss as per price action and momentum.
Comment:
United Spirit - Momentum Play
Comment:
Weekly Update :
United Spirits - Bullish Momentum.
Radico - Bullish Candle from retest level.
Globus - price retested breakout level and weekly doji candle.
United Spirits - Bullish Momentum.
Radico - Bullish Candle from retest level.
Globus - price retested breakout level and weekly doji candle.
Comment:
Globus - Target 1 achieved !!
Comment:
Radico - Weekly Chart
Comment:
United Spirits Daily Chart
Comment:
Weekly Update :
United Spirits - Short term return of 7%. Inside Candle and trend positive.
Radico - Weekly Bullish Closing but price near trendline resistance.
Globus - Breakout and target 1 achieved.
Refer above chart for better understanding.
United Spirits - Short term return of 7%. Inside Candle and trend positive.
Radico - Weekly Bullish Closing but price near trendline resistance.
Globus - Breakout and target 1 achieved.
Refer above chart for better understanding.
Comment:
another alcoholic stock given a breakout from lower level.
UBL : resistance breakout with bullish candle & huge volume.
entry above Rs 1520 ; target Rs 1600 ; stop loss below Rs 1500
UBL : resistance breakout with bullish candle & huge volume.
entry above Rs 1520 ; target Rs 1600 ; stop loss below Rs 1500
Comment:
Globus - target 2 of Rs 1206 achieved !!
Comment:
one more beverage stock given a breakout "Sula Vineyard"
Cup & Handle | EMA | Volume
Safe Entry at retest level Rs 450 | Target Rs 500
Cup & Handle | EMA | Volume
Safe Entry at retest level Rs 450 | Target Rs 500
Comment:
Weekly Update :
United Breweries & Sula - Price around retest level
United Spirits - Momentum continue
Globus - Target 2 achieved
Radico - Price at weekly resistance
United Breweries & Sula - Price around retest level
United Spirits - Momentum continue
Globus - Target 2 achieved
Radico - Price at weekly resistance
Comment:
Target 1 achieved in McDowell.
Comment:
Weekly update :
Globus - momentum continue.
McDowell - target 1 achieved.
Radico - price at resistance level.
UBL - price retested the breakout level but resistance at ema 200.
Sula - price retested breakout and momentum continue.
Globus - momentum continue.
McDowell - target 1 achieved.
Radico - price at resistance level.
UBL - price retested the breakout level but resistance at ema 200.
Sula - price retested breakout and momentum continue.
Comment:
Weekly update :
Globus - momentum continue.
McDowell - momentum continue.
Radico - price rejection from resistance level.
UBL - price rejection from ema 200.
Sula - price made high of Rs 490, hold.
Globus - momentum continue.
McDowell - momentum continue.
Radico - price rejection from resistance level.
UBL - price rejection from ema 200.
Sula - price made high of Rs 490, hold.
Comment:
Weekly update :
Globus - hold.
McDowell - hold
Radico - price rejection from resistance level.
UBL - price rejection from ema 200.
Sula - price near support level.
Globus - hold.
McDowell - hold
Radico - price rejection from resistance level.
UBL - price rejection from ema 200.
Sula - price near support level.
Comment:
Breakout in Radico!!
Trade closed manually:
Close the trade (if any) as per price action