RAIN INDUSTRY LONG TERMRAIN INDUSTRIES :
On Weekly Time Frame it shows break out is awaited within few days, may be in the very next week. If it breaks out (Whose probability is high as it is currently supported by 200 EMA) , long term target would be 340 with some resistance at 240. with a very small SL , one can plan a long-term profit booking from this stock.
Stock PE : 4.50
Industry PE : 13.60
Market Cap : 5644 Cr
Breakdown
Breakdown in United Breweries Limited...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakdown in HDFC Life Insurance Company Ltd...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakdown in Divi's Laboratories Ltd...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakdown in Dixon Technologies...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakdown in Adani Ports And Special Economic Zone Limited...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
JSW Steel Support BreakdownThe support which was tested multiple times has finally broken,
Entry
we can wait for the breakdown and retest then take a SHORT entry.
Target
Target will be the next support zone.
Stoploss
Above the breakdown candle high.
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Breakdown in Avenue Supermarts Ltd...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BANKNIFTY BREAKDOWN OF INVERTED CUP & HANDLE ??!!!Chart Pattern depicts the situation clearly.
1. BankNifty travelling in a Descending channel(bright red and green lines shown in chart)
2. Inverted cup & handle formed and given a Neckline Breakdown with good volume!!! (and low too got tested)
3. Target can be 0.5 Fib support down ! !(as the depth of the cup measured)
4. 1hr closing above 42200 can fail the pattern and be our SL!!
Nifty too in formation of same pattern but not given breakdown!!!and it needs to close below 17800 for this same breakdown!!
Let's see how it moves!!!
Note: Just sharing my view....not a tip nor advice!!!!!
Bajaj Finserv ready for breakdownBajaj Finserv is forming a negative pattern, breakdown from this level will bring stock to fresh lows.
Rest all levels explained on the charts.
#Disclaimer:-View shared is for educational purposes only. Kindly study on your own before making any trading or investment decisions.
Breakdown in Gujarat Narmada Valley Fertlzrs&Chms Ltd...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.