Idea is self explanatory... In weekly chart stock is giving breakout with good amount of volume. I have provided SL along with 3 targets. Keep in mind book partial profit with every target and 3rd target may take time with few consolidations.
Note: I'm new to technical analysis, do your own maths. I'm open to new ideas and flaws in my analysis, so please do...
Hello All,
I have brought in another good set up.
SRTF has broken it's consolidation range. Prior to the breakout day the volumes were building up and the breakout candle has witnessed the largest volume in the last few months which is a good sign.
Now how to trade it:
First of all do not let FOMO overpower you to take a trade in haste. Observe the price for a...
Goodluck India is consolidating in an Ascending Triangle formation (Daily Timeframe) with volume clearly drying up. The stock, when looked at in Weekly Timeframe, forms a Nice "High Tight Flag" pattern. Any breakout at this level has a good scope for sharp rally upward.
IndusTower After steep rally of 50% gain in a month, now consolidating with falling wedge pattern since a month. So, Ones it get a breakout then we may predict possible upside of 15-20% with a small stoploss below 290.
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.
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.
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.
FEDERAL BANK has following advantage to BUY:
1. Gave break-out for the 4 year trendline.
2. The Break-Out was with good momentum.
3. The Break-Out took a retest for the conformation.
4. RSI gave a breakout for the recent forming trendline.
Advantage: Our Big Bull Rakesh Jhunjhunwala is holding this stock and he increased stake in this recently.
Disclaimer
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This is follow-up on IRB Infrastructure Developers. Can check link to related ideas.
Target 3 achieved. More than 134%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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...
This is follow-up on RITES. Can check link to related ideas.
Target 1 achieved. More than 14%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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...
Icici bank: Rectangle pattern pattern (Time frame- 1 Day )
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Chart time frame -1 Day )
Trade type -Short term
Duration - 2 months
Entry - 760
Target 1 - 820
Stoploss - 730
Risk : Reward - 1:2
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Have a great day everyone!
Disclaimer: All charts are purely for educational and information purpose...
Federal Bank has given a classic Mark Minervini's VCP formation Breakout. The results that they announced was also good. Stock can give some good moves from here.
SRTRANSFIN has just attempted a Darvas Box Breakout. However, there is a small hurdle before the stock can blast and that's a potential supply zone that has not been tested yet in the past.. The last time when Price reached this level, it rejected and retraced.. Keep this stock on the watchout and when the specified level is taken out, this stock will be in Blue...
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.
