There could further positive move if it crosses above the 200 EMA Volumn is also good on last day
For learning purpose if you look at the weekly chart - there was consolidation and then it gave breakout on upside. It closed above the 50 EMA from the consolidation range and then rally continued further. It was good opportunity for buy There was rejection from 50 EMA on weekly chart (see very long wick), next or next to next green candle was also good...
For personal observation only
Everything in chart Educational only For my personal observation.
TGT 20000 SL 13000 Educational For my personal observation.
Price action is moving towards long term trend line support. Trend lines are the first thing any analyst should have learnt to draw when they start to learn about technical analysis. Its a very simple tool but most effective.
I have marked 2 trend lines on daily chart. It didn't break below the bottom one trend line, but it broke the level of upper on trend line with good volume that gives the breakout in the ICICI Prudential I have marked multiple support & resistance levels on the charts those could be the possible target and stop loss levels.
There is breakout above 1240 level with good volume. It also crossed the 200 days moving average, which was strong resistance, now it is a strong support It is trading above 50 moving average as well. Marked all resistance & support levels on the chart. There is more than 30% delivered quantity on NSE in last 1 week.
Possible breakout if crosses above 662 level on weekly chart There is higher lows formation on weekly chart Also trading above 50 days MA, which is strong support
There is breakout in Petronet on daily chart. Target - 279 SL - 259
It has already broke the 50 & 100 MA, if it further breaks the bottom trendline then it would fall to 1368 possibly Horizonal support lines are mentioned on the chart
If it break the trendline above then it would reach 3500 levels
There is breakout in RECT Ltd on daily chart. Next targets could be 155,167. Trading above 50 & 200 EMA.
There is Breakout in BEL on daily chart. Crossed above 50 & 200 EMA Next target 114-117
Breakout in BATA India on daily time frame. There was breakout and then last kiss and moved up. Next Targets could be 1553, 1579, 1606, 1644 Before achieving these targets it might retrace to previous supports (marked on the chart), then there would good buying opportunities.
Breakout and last kiss in Britannia on daily time frame and it just crossed 50 days moving average It can move further till next resistance
There is Breakout in ITDC on weekly time frame. Resistance are marked on the chart those could be the possible targets