Ajmera Realty & Infra India Limited - Breakout Setup, Move is ON#AJMERA trading above Resistance of 872
Next Resistance is at 1184
Support is at 559
Here are previous chart:
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.
AJMERA
Ajmera Realty & Infra India Limited - Long Setup, Move is ON...#AJMERA trading above Resistance of 559
Next Resistance is at 872
Support is at 365
Here is previous chart:
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.
Breakout in Ajmera Realty & Infra India Limited...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.
AJMERA - Weekly Chart Analysis, CMP-509The stock after breaking out of the resistance made a new all time high and it did not sustained. Eventually it took support of 200 weekly MA and formed a round base.
Volumes went dry and we can see some accumulation done while basing with nice volume spikes during an up week.
Finally it consolidated again for 15 weeks above the previous resistance and broke out with decent volumes. It is trading above all it's key moving averages.
435 levels shall act as a good support. whereas main support is now 383-388 zone . A weekly close and follow up thereafter below these levels shall invalidate our view.
570 - 650 - 770 - 890 - 925 are the levels it can test over the long term.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
NSE AJMERA's Corrective Wave Is Ready For its Last Leg Down
Price has broken down the wave (a) at 382.
We can see a corrective channel, which has held the corrective structure.
Wave c can travel for the following targets: 360-356-342+.
Price has also created the head and shoulders pattern, and the right shoulder has broken down the neckline.
Impulsive wave will start after the breakout of the corrective wave channel.
I will update further information.
Breakout in Ajmera Realty & Infra...Chart is self explanatory. Entry, Targets and Stop Loss 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.