Sun Pharma close to 7 year break out zone. Next targets will be 1200 + 1400
Bajaj Auto is showing good movement. As per the FIBO I am expecting it to touch 3800 as first target and 3880 as second target.
GMR INFRA HOURLY chart having flag n pole breakout. 20 ema support. Good to buy at 37.50 with sl below 36.90 for target of 39.10
NSE:ASTERDM chart is showing a bullish breakout pattern consistently. Starting around 243 level, it's actually an Elliot Wave 1-2-3-5-6, every time nice flag and pool pattern is creating. The EW motive pulse is the pool and the EW corrective pulse is the flag consolidation. And it's now in Wave-5, the most prosperous wave of EW. Go LONG with a SL of 243.
Breakout of Symmetrical Triangle on daily time frame, stock is having low volume and is above major POC area.
ekc is ready for break ou buy with cinirmation after retest of stock and ready to profits. follow for more such technical analysis
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Railtel breaks out from resistance of triangle pattern on high volumes on 1D timeframe. Initiate long position. Be wary upcoming earnings. Follow stop loss and target appropriately.
Breakout in AUROPHARMA in Daily Timeframe Entry: 550 Target 1: 600 Target 2: 670 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Cummins broke from its range and is likely to do well. Trail Stop Loss accordingly in this one. Cummins India is a dominant player in generators and power generation. It is also working closely with the Indian Railways for the electrification of engines and is also building data centers for other companies.
Godfrey Phillips has given a textbook VCP breakout. Volume reducing and price contracting higher. Big Breakout on Monthly Charts. Long term position, trail Stop Loss accordingly.
From the above chart we see that #GatewayDistriParks, a company into logistics has been moving downwards and recently had a volume spike and a breakout of the downward sloping trendline, it gave a low volume pullback & since listing it has respected a Demand Zone, ample of times and every time some buying can be seen happening in that zone. The recent price action...
Key highlights: 💡⚡ 📈 Can we consider this as Ascending Triangle Breakout ? 📈 Comment down your views. ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴...
NSE:MUTHOOTFIN #NSE:MUTHOOTFIN Consolidation from last 3 months, Breakout sustainability may give good momentum !!
NTPC has given channel breakout with good volume.we can keep sl below todays low .also targets are mentioned in the chart itself.
This is Monthly timeframe on Nifty 50 index. We have seen strong momentum since 2020 bottom and it have retraced to 0.23 fibo level. In consolidation for months and now it is in very strong resistance zone. Critical levels, make or break. My view is bullish backed by the last month's candle closing. This post is for information purpose only.
Trent has given Triangular pattern Breakout. Looks symmetrical Triangle pattern breakout to me. It has good support from volume and RSI is also 60. I think it can give good 200 -300 point move in the short term. My target is 1800 , SL is 1350.
HINDALCO is knocking very important levels. It's a make-or-break situation for the stock as it deals with the immediate resistance zone of (413-416). This zone has been proven support before, and recently we have seen a high-volume retest of these levels, which means supply is slowly getting tested and hopefully exhausted. Volume profile too clearly suggests that...