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Ascending Channel

BALMER LAWRIE- Swing tradeBalmer & Lawrie is in critical trendline support region. It can move upto 160 in upcoming weeks. Its good for Short term Investment or positional traders. Additionally, the Corporate has announced Rs 6 per share dividend can lift the stock price till the Ex dividend date (17 Sep). Its good to hold the stock until it breaks the Trendline on downside. Kindly share your valuable feedback. Disclaimer: Please do your own research or consult your advisor before taking any trade. This view is for educational purposes only
NSE:BALMLAWRIELong
by natarajanshankar
1
TCS - Ascending Channel Bullish Breakout TCS has broken out of the ascending channel, supported by high volumes. It can be bought between the price range of 3400 - 3450, for a target of 3650, which it should hopefully achieve before the next earnings are published. Stop loss can be maintained at 3349. Refer the Fibonacci Retracement given in the chart to identify the support levels, if you do not wish to keep the stop loss. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if you liked the idea.
NSE:TCSLong
by Yes2Profits
FMCG GIANT GAVE CHANNEL BREAKOUT !HidustanUnilever - The FMCG giant has given a good breakout from its major channel pattern . Stock was in tight upward channel range since approx past 2 years ( Sep 2019 ) and now it has finally given a good breakout from the channel. Another critical point was that there was a Sub pattern also , which was Double Bottom which is also a bullish pattern. We all have heard about some of the famous brands like Dove, Lux, Lifebuoy, Pears, Hamam, Lyril, Rexona, Surf Excel, Wheel, Comfort, Clinic Plus, Sunsilk, Fair & Lovely, Pond's, Lakmè, Vaseline, Bru, Taj Mahal, Lipton, Brooke Bond, Cornetto, Kisan, Annapurna, Magnum, Close up, Pepsodent, and many more. You will be surprised to know that Its parent company is this giant- Hindustan Unilever. So its clearly a great fundamental company and its also bullish on technical terms. This was my honest and fair analysis only use it as education , trade as per your analysis or seek financial help from your advisor. Feel free to share your own views.
NSE:HINDUNILVRLong
by headymuk
1
Jagran - Ascending channel within 3yr Inverted H&S PatternBUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL GUIDANCE: Selling in Profit: Sell earlier in the session when the prices are higher, around 11AM. Selling at SL: Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM. Note: I reserve the right to be wrong. DISCLAIMER: I am not a SEBI registered analyst. Please consult your financial advisor before investing.
NSE:JAGRANLong
by raavigeorgian
Jagran - Multiple patterns within 3yr H&SBUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL GUIDANCE: Selling in Profit: Sell earlier in the session when the prices are higher, around 11AM. Selling at SL: Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM. Note: I reserve the right to be wrong. DISCLAIMER: I am not a SEBI registered analyst. Please consult your financial advisor before investing.
NSE:JAGRANLong
by raavigeorgian
Alembic in a good support zone🍂Alembic Ltd cmp 121 sl 117 expecting trend reveral first trgt 140-200++ Why was it selected❓ 🔹Company is almost debt free. 🔹Company is expected to give good quarter 🔹Technically looks good. 🔹The stock was in a good support zone & expecting reversal. 👉Entry possible,but it’s not a buy recommendation.Study well🙏 ABOUT THE COMPANY🍂 Alembic is dealing in Active Pharmaceutical Ingredient (API) Business and Real Estate Business. Thank You.💚 Like🔹Comment🔹Suppor
NSE:ALEMBICLTDLong
by ANKITHSHAJU
15
PHILIPCARB - Ascending Channel BreakoutThe stock was moving in an ascending channel for a few weeks now, making higher highs and lower lows. Traders can buy the stock at cmp as it has broken above the upper channel line of an ascending channel. The move was well supported by significant rise in volumes, which confirms the authenticity of the breakout. Considering the weekly charts, the next resistances are placed at 286 and 319, which can be taken as short to medium term targets. Depending on your risk profile, you can keep the stop loss levels at 250 or 230. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if you liked the idea.
PLong
by Yes2Profits