NITCO is showing a good box breakout pattern in weekly with volumes Weekly RSI is bullish Relative Strength is strong Price above 200ema, Trend is Bullish
Mold tek in a good consolidation range with increase in volume near resistance with RSI above 60 and Relative strength is rising. A good breakout can be expected above 780
Nazara Box breakout pattern formed and breakout happened at 2400 levels. Next levels to watch out are 2506,2624-2645, 2810-2825, 2900+
it has formed box pattern on weekly chart. on daily chart given breakout and retested. have it on watch list for 15% upside.
IFB Industries long Trade. The box pattern is broken today. You can find the flag pattern too. IFB Industries have good fundamentals and now technically looks strong. The targets are 1450 and 1650. Target 1: 1450 (In 40 days or might be in this next week) Target 2: 1650 (In 60 days) Happy Trading!
RVNL long Trade. The box pattern is break yesterday. Along with that IRCTC gave a big move from the last 3-9 months. IRFC is also in good momentum. RVNL is with great fundamental and now technically look strong. are 45 and 55. Target 1: 45 (In 40 days or might be in this week) Target 2: 55 (In 60 days) Happy Trading!
Ascending Triangle and Rectangle forming on 4H Chart of CHAMBAL FERTILISER. BUY CMP/322.10 -> 340, 350, 360, Support/SL 300, 293, 280, 275-6. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
BUY 1989 TO 1335 TARGET 1546 Reason For Buying This Script : In weekly time frame it broken the resistance line , Now it is in retest moment . Retest moment up to 1335. Once it cross 1564 in weekly time frame & it should close 1564 means means next target up to 1745 to 2025 Note : Above given levels are based on weekly time frame so it may take some days...
Recntagle forning on 45M Chart of DRREDDY'S LABORATARIES. BUY 4811 -> 4890, 5000 Support 4755, 4690, 4660. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Buy or add more at current level. Stock is trading in range on many trading days. Now shows breakout with good volume. SL shall be latest swing low.
it has tightly consolidated between 140-160 for the last 4 months. RSI showing bullish strength on weekly chart. higher volume across candles indicates good accumulation during consolidation phase. 160 acts as strong resistance, tested multiple times. on daily chart shows cup & handle pattern.
Consider Stop loss on closing basis . Stock continues in uptrend and few days ago it crossed his life time high resistance. after that stock create a good box with great volume action. Its Very good Breakout to play
BUY 390 TO 382 TARGET 483 TO 531 Reason For Buying This Script: There are two conformation to buy this script. In weekly time frame it is forming Elliott wave . In monthly time frame is has broken the box break out . Now it is retest moment is happening , So we can go for buy . Box break out target up to 567 Note : Above give levels are based on...
range or box breakout in timken india. it is attempting another break after failing twice. buy only if closes out of the box. stoploss would be below the rectangle and targets are marked on the screen.
Rectangle forming on 3H Chart of ADVANCED ENZYMES. BUY CMP -> 450, 465-70, 480, 490 Support 418, 410, 405, 400, 395-6. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
How to trade is written do. Don't take the trade under the area in yellow box. It will be very volatile and there is no setup under it. It given falls Breakout and it is now retesting the box area. What to do 1) Trending in daily time frame. 2)Don't short until it gives good signal bcz it is in uptrend. 3) Volume required if box broken.- Important* 4) Bullish...