Triangle formation on daily time frame in COLPAL
One can look to go long after break of upper line for a target of 1398/1445/1515
If there is a breakdown, one can be short for a target of 1275/1223/1150
Disclaimer: These are my own views, do your own analysis before trading.
THERE IS A DEVELOPING HEAD AND SHOULDERS PATTERN.
consider it before making any trade in this stock.
if it BREAKS DOWN THE LINE AND 50EMA.... THERE MIGHT BE SOME BEARISHNESS.
JUST FOR EDUCATIONAL PURPOSE
Many pharma stocks looking week from few days. Lets focus on STAR.
STAR below 400 looks bearish but Let it break the 395 level.
If it breaks that line with good volume then we can see the target of
Mark this level on your chart!
Disclaimer : Only for educational purpose. Please consult your financial advisor before...
If it Breaks the support line, a sell up momentum can be seen..
Sell below 457
Target 1 - 452
Target 2 - 443
Target 3 - 432
*Use Tight SL according to your risk
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
Muthoot Finance Breakdown sell below 769. as it has broken the trend line as the buying zone is around 770 so dont short at current levels wait for it to breach 770 levels once it breaks it target would be 760 745 and 735