Ahluwalia Contracts India - Breakout Setup, Move is ON...#AHLUCONT trading above Resistance of 1246
Next Resistance is at 1436
Support is at 1017
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AHLUCONT
Ahluwalia Contracts India - Long Setup, Move is ON...#AHLUCONT trading above Resistance of 939
Next Resistance is at 1246
Support is at 632
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#Long on AHLUWALIA CONT ; Multi-year Channel breakoutAHLUCONT traded within a rising channel for almost 10 years till Mar '2020. It then took support at the lower end of the channel in Apr '20 rising from a low of 136 to CMP of 852 (gaining 525%) to form an ascending channel.
The stock has also broken out of the succeeding channel rising 25% in the ongoing Month of Nov'23 itself forming a large bullish candle.
Ahluwalia Contracts India - Long Setup, Move is ON...#AHLUCONT trading above Resistance of 632
Next Resistance is at 939
Support is at 429
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.