WELCORP | Flag & Wedge formation - 52% potentially it can goWELCORP | Flag & Wedge formation - 52% potentially it can go up side
CMP : 100
SL : 92
Target : 150
Almost 1:6 risk reward setup
(P.S: Its a weekly chart, Small cap, Circuit range is 5% so plan your trade accordingly - Could take time upto Weeks to Months)
Bigmove
DABUR NEAR ALL TIME HIGH BREAKOUT Dabur daily chart trading near an all-time high & making triangle pattern stock is consolidating near all-time high usually after consolidation sharp move happen
the stock also making higher low it's a bullish sing, strong buyers, available
Trading + Investment plan = You can accumulate stock between 525 to 505 levels
Breakout Above: 530
After the breakout good move expected because the stock is trying to break its all-time high
Always respect risk never take more than 1% risk on total capital for signal trade
Another fall coming!Well ACC has again found resistance at the 50HMA (hourly Charts), but this time the fall is going to be severe once ACC breaks 1380 it can go all the way to 1330-1300..but on the weekly charts 200 WMA is @ 1370 so thats the only support but I dont think it will hold.. Stoploss for shorts can be the 50HMA i.e 1404