it is approching 52 Weekly high, breakout at 52W high gives next leg rally. closing above 510-530 on weekly scale opensup for next leg of rally. RSI at 70 on weekly Positive ADX > Negative ADX Montly chart indicates 5th wave.
1. Stock traded downside in a range during market correction. 2. Broke out from range and formed small symmetric triangle. 3. Again brokeout from triangle and made ATH. Ready for good upside move, given that the textile stocks are in good upside momentum.
#Ahluwalia Contra cmp @ 450 add till @ 420 target @ 590 fresh break out done
KEC INTERNATIONAL Broke 52week high with 52week highest volume. Since Monthly R3 is an immediate resistance, one should go long only when it retraces to the support line i.e 500 price level
NSE:MUKTAARTS closed above 52 week high with an exceptional volume. one can accumulate the stock in between 44.7 & 47.45 for 10% upside.
The stock is around 52W high zone. Clearly taking support at 730 level. The support level and 200ema almost coincide. Good R:R.
According to volume breakout 950 to 850 zone is good to take entry with stoploss 650.
The stock has broken out of the pattern after a consolidation phase and supported by very high volumes. It is expected to follow on the trend and can be bought at current levels for targets of 838 and 900 in near future. The stop loss can be maintained at 775 level, which was the resistance level before the breakout. Supporting technicals: RSI: 66 (Bullish but...
ARVIND FASHION IS RELATED TO BEST PERFORMING SECTOR - TEXTILE AND PRICE CROSS 52 HIGH AFTER ALL CONSOLIDATION OF PRICE
watch above the resistance for breakout trade
Mothersumi has taken support from the resistance turned support at 235 and the uptrend line to form a pole and flag pattern. Watch out for a break above the upper edge of the flag and the 52 week high for a target of fibonacci pivot. Note: Please do not follow my idea blindly, analyze yourself as well. I just share my idea so that people can build upon the same....
JSWENERGY looking good on upside, details given in chart. Consider liking and sharing if you find it useful.
Grasim is trying to give breakout above 1480 with volume. Soon after breakout, 1525, 1550 & 1600 tgts are on the chart. its uncharted territory, and 52week breakout.
SBI swing trade idea, my predictions are that it will make a new 52 weeks high but if you are a risk-averse trader exit on resistance ie target price mentioned in the chart, and if you are willing to take more risk wait for 200 days ema to cross above 50 days ema/50 days ema to close below 200 days Ema. I have shared this idea for learning purposes only take the...
24-May-21 NSE:SBIN SBIN has made a new ATH and is consolidating for a likely strong upmove. Coming few weeks it may consolidate between 371 to 416 range. If in coming 4-6 weeks manages to sustain above 371 - 415 range, then most likely targets are 458, 523, 580 Fair possibility of 650 exists if the trend remains intact. Pro's Currently seems to...
Bank Of Baroda May Be A Good Opportunity To Trade. It Comes From A Tringle Pattern With A Volume Which Indicates That It Might Go Upside toward Its 52 Week High. Target 100 Sl Below The Tringle Pattern Make Sure You Trade According To Your Risk Capacity. The Breakout Is Seen In A Daily Time Frame So It Can Take 20-30 Trading Sessions.