Entry: above 130 Target: 180 SL: below 119 EMA's : EMA 21 > EMA 50 > EMA 150 > EMA 200. Price breaking out from 10 Week base. Price Up by more than 100% before forming base.
IPO Base Breakout- Fusion given cup and handle Ipo base breakout looking good for above target
look to enter after taking out the nearest resistance. waiting for volume to flood in. enter with low risk
NSE:SJVN This company is into THERMAL / HYDRO / RENEWABLE power generation and distribution. Key technicals: - The stock price has made a huge base breakout on weekly charts closing above previous high made somewhere in 2018 - Volume has been consistently increasing over the past few weeks - The stock returns have largely outperformed the nifty returns since...
There's some interesting price action happening in Edelweiss Fin After a strong base formation it gave a Breakout with good volumes expansion. It retested thrice on the same support of 51 giving the stock a strong bounce every time. After it broke out it halted and started going for a pullback and that too with dull and weak sellers' interest and this low volume...
Entry : 249-250 Target: 275/283 SL : 240.5 (closing basis) Notes: Stage 2 stock Formed 9 week base Breakout form base with good volumes Retest with lower volumes Completing round bottom on monthly chart
Entry: 510 Stop Loss: 489 Target: 623 Notes: Breakout from base with good volumes Retest with lower volumes Price at EMA 10 Price looking to complete round bottom on higher time frame
Entry: 730-740 Stop Loss: 695 Target: 920 Notes: BO from base with good volumes Retest with lower volumes Most of the IT stocks breaking out from base
Entry : 570 Target : 648 Stop Loss : 558 (Closing Basis) -- Breaking out from the 18 week Base -- BO with good volumes
Capital Goods is a leading sector The company has been making a base for a year. Has given a breakout from this base This should be one's watchlist
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. 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...
Suggested by @monkmaxims Most Textile sector stocks are breaking out of their bases. This is setting up in a flat base for 6 months on good volumes (Monthly chart shows ATH volumes). Hopefully we'll see a breakout soon. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle /...