Trendline & Resistance Breakout
Expecting Big move from here
Above 405-410 Big Rally
Key Points:-
Try to Book Profit Near resistance
Enter in trade near retracement or above Previous day high
Follow Stoploss on Weekly Closing Basis
**Trade update
**After a long time period (almost one year) gave breakout.
** Triangular pattern with 4 touches on lower side( support zone) and 6 touches on counter trendline ( more the touches, breakout will sustain)
**This is a circuit script so the big targets can be...
Bhartiartl buy above 685 & targets- 727/761/ then lifetime high of airtel.
Because the Share formed Double Bottom On Fib level-0.6 strong support zone.
and Downtrend trendline with multipel touches aslo brecks when 685 price cross then the share been Super Bullish.
kpit technologies after correction in entire it sector is ready for another up move. it is bouncing between its 200 and 100 day moving average , which means a big move is about to come . it is also forming a small symmetrical triangle formation whose breakout is about to happen. if you see then the candles at the bottom or during this base formation have been...
Barbeque Nation is forming a decent symmetrical triangle formation. it has taken 3rd support at the trendline and had also formed a rounding bottom formation which shows accumulation. Can be bought after breakout of upper trendline. MACD Crossover is also on a verge of happening, which helps the trend and big move. This stock is volatile and sometimes gives big...
Cholamandalam Investment has formed a good Inverted Head And Shoulder pattern with good volumes. The stock is also moving in all time zone so it can be bullish. I expect a breakout and then a retest. You can add with small quantity at breakout and remaining after retest as usual.
BSE:SAINTGOBAIN has given a breakout from its 1.5 years old trend line and CMP is running very close to the all time high made by the stock 3 years back.
Stock may consolidate further at these levels before testing virgin territory.
There is also a larger trend line where the stock could potentially face rejection after charting towards virgin territory.
Near...
NSE:GLOBALVECT was in a strong downtrend and has been forming a base for more than 2 years.
It gave breakout from the base, ready to start an uptrend.
Volume expansion looks bullish and stock has taken support on 30 EMA (weekly TF). Look to enter at CMP or after some consolidation. Momentum looks very bullish.
Targets are open. Buy and hold after more bullish...
#CEBBCO
Commercial engineers and body builders company.
Wonderful chart in making.
Volumes are spurting like covid virus. !!
Multi time frame breakouts are done.
Closed last week at exact fib retracement levels.
Can start adding and buy the dips till 35.
Expecting big moves soon!!!!
#vr
There are many ways that one can trade in markets and make money but the best way one can make money from trading stocks is positional trading where one catches big moves with fewer efforts and time and it's not stressful as compared to intraday and swing trading.
So here I am sharing a Trade analysis of BASF INDIA which explains How you can combine price...
