The stock has given a Rounding Bottom breakout on the daily chart. RSI indicating continuation of the uptrend. We can expect price movement up to 175 in the near term.
buy above 164 in intraday and swing for swing trade can add in dips till 150 stoploss for swing is 138. For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on...
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BSE:ALLCARGO Buy around Rs128-132 Short Term Target: Rs151
To me Rs 92 looks like a very attractive buy. Rs 50 crore + run rate of Net Profit on a 2000 cr Mcap Company is really a great place to start.
given breakout from long term trendline and did pullback if breaks down tl than we will ignore it for trade. if sustains than buy above 97.40 in intraday
Starting from its retracement from the 52 week low, there's a pattern where we can see if the Elliot theory fits in. Wave 2 though has a strong pull back to 59 level but the solid price rally for Wave 3 forces one to give it a serious look. If this has a final wave 5 strong enough to shoot above 75, there is a good prospect for buy.
Buy Allcargo for a target of 145 and above. Long term stop at 91.
All cargo formed a round bottom with depth of 45 pts from neckline to the bottom in 7 months with the formation being complete at 200.45 . A tgt of 245 can be seen in mid term with entry points being above 200 on closing basis and stoploss below the low of the breakout candle
PROPER BEARISH PIN BAR FORMATION Short CMP - 180 - 178 INTRADAY TARGET -175 173 Tight STOP LOSS - 186