it closed near 52W high on weekly chart. it is continuously taking support at 20W SMA. volume is above average volume. RSI above 60 on weekly chart, indicating bullish strength. Weekly ADX is above 35, indicating strength in momentum.
Buy BHEL for Target 47.5 with 1 rs SL . for 2 - 3 days
Just a very simple setup based on Supports and resistance. Stock has broken its 52 Week high which indicates strength. So buy will trigger above 1028.2 with Stoploss of 982.
Orient cement is an awesome long candidate. Stock is reaching it's 52W high, crossing that will give it more strength. So the idea to buy the strength and ride it. So long trigger will activate above 96 with SL as 92.5.
has hit 52 week high on 11th feb closed above 100 sma three outside up candle formation on daily chart - bullish reversal weekly adx above 30 - bullish trend NEXT TARGET - 300 reference chart with entry level below
close above 200 ema macd crossover at 52 week high - 176.80 positional long for target 181 - 215 deep stop 160 disclaimer - trade @ own risk
Self Explanatory Charts for Study Purpose.. Company Posted Excellent Results today..
Last time i posted this chart it did wonders. Hoping for the same again :P Keeping things simple it has already touched its resistance 4 times earlier. It is making higher lows as well.(Chart attached with price action marked) It has been consolidating at higher levels means near it's breakout levels with decent volume too. In daily time frame it broke out...
disclaimer - personal view
Levels of 520 has been tested 4-5 times already which makes the resistance weak. A consolidation near the highs give a little more confidence that this stock can go higher as price is sticking to the higher levels. We will keep targets small for the beginning (Marked the smallest target with green line.) Keep an eye folks . Cheers and Happy Trading. Wish you all...
A clear breakout for TGT 650+. SL 575. Favorable risk reward ratio. Keep watch.
We have been seeing CIPLA facing a strong resistance but we have overcomed it and can hit a new 52 high week in the coming days
TODAY INDIA CEMENT BROKE OUT ITS LONG CONSOLIDATION AND ALSO MADE NEW 52 HIGH MEDIUM TERM TARGETS 200++.SPECIAL POINT TO NOTE IS THAT DID NOT FELL EVEN TOUGH NIFTY INTRADAY SELLOFF.
BUY RANGE 720 - 730 FOR A TARGET 750 + BREAK BEYOND 52 WEEK HIGH RESISTANCE 772 CAN LEAD TO 800 + >>> CHANNEL BREAKOUT >>> MOVE TOWARDS 52 WEEK HIGH disclaimer - for study purpose only
INVERSE HEAD & SHOULDER PATTERN + CUP & HANDLE PATTERN - PERFECT HANDLE FORMED @ 50% RETRACED LEVEL SCRIPT @ 52 WEEK HIGH A BUY NEAR 123 LEVEL ON CLOSING BASIS FOR TARGET OF 20-25 POINTS disclaimer - for study purpose only
Buy @55-57 for short term , target 100
Another stock that has created a perfect box at the top. It has touched it's resistance 4-5 times already and even touched it's support multiple times but now it is sticking to higher levels and looking like soon the breakout is to happen. Target is as usual difference of the box which i have marked with green marking. I have already posted some charts in same...
Crossing 52 week + not showing over bot situation A buy will be interesting with 20% return expectation Keeping stop @ 615 or as per Comfort. disclaimer - buy at own risk.