Box-breakout
ENIL - Investment - Rectangle, Trendline ObservationsA Rectangle/Darvas Box breakout happened at 185 on Weekly Chart of ENIL. BUY CMP/227.10 -> 270, 283, 330, 350, 385, 410, 435-40 Support/SL 184, 169, 140, 120. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
INVERTED HEAD & SHOULDER IN MOILBUY 157 TO 155
TARGET 215 TO 286
Reason For Buying This Script :
In this script it has formed inverted head & shoulder pattern in monthly , Now it has completed the pattern and waiting for neck line break out conformation .
Once it close above 170 in monthly candle and the next target up to 215 to 289. wait up to May month closing . If it close above 170 good buy.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
BOX BREAKOUT ANALYSIS 07.04.2021BUY 252 TO 268
TAEGET 330
Reason For Buying This Script:
First conformation in monthly time frame it has broken the box and closed above the resistance line.
Now retest moment is happening .
Second conformation Down trend Line breakout .
Once the price sustain above 330 level in monthly candle and it should close above 330 in monthly candle then only it has strong conformation, And the next target up to 501.
Note:
Above Given levels are based on Monthly & Weekly time frame . It may take some days to achieve the target , So be patience's .
ALL THE BEST....