Stock had given a breakout and after touching All Time High was correcting. But now at resistance turned support, stock gave a false breakdown and reversed with good volumes. Can be added for a positional bet with low risk and high reward
INDRAMEDCO breakout with volume and re-testing, right time to buy but buy small qty as NIFTY is not in a good mood.
NSE:MOTHERSUMI CUP and HANDLE Pattern under Formation in Monthly Charts Breakout Zone : Above 240-250 on MCB. Monthly BO will confirm huge upside targets. Next Targets : 351 - 418 - 529 SL : 190 Monthly RSI > 60
Dhani is at an important stage of breakout : Reasons/Traits : • Gave a huge breakout but with a huge wick • Volumes are very high • Todays close is near to recent lower high • Price above 13/20 and touched 200 EMA • Price near VWAP • High deliveries What can happen next : Scenario 1 : Price sustaining above 215 levels can take it to 240/260/280/300...
Triangle breakout with high volume in Newgen Software Technologies Ltd
jindal steel breakout in 1 day time frame and retesting from 200 ema.
shree renuka sugar is trying to break months of consolidation with resistance and levels marked
Cg power is all set to break 1 month consolidation. waiting for confirmation will update post breakout
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. This is pure technical view. 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.
ITC looks structurally very bullish. Expect 265 and higher in a period of 5-6 weeks. Buy with a stoploss of 220.
Cpaital trust has formed a VCP pattern and is ready to rise. Expect 145-150 in the near term.
Asian paints took good support and has given a breakout in daily timeframe. We can expect a good move of 7-10% . This is just for educational purpose not any recommendation.
Glenmark pharma is attempting to break out of an inverted head and shoulders pattern. Buy for the targets of 580/600/620.
HINDUSTAN ZINC Daily chart analysis has broken the consolidation zone and stock above 370 level for a target 390 level.
Stock had risen up too quick. It consolidated for sometime and now has given a fresh breakout. Volume profile shows accumulation
#Watchlist #Network18 (M): 94.2 CMP,Looks promising for the future:) Network18 is now reversing trends and breaking the 2014 (multiyear horizontal resistance) barrier. #Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
Stock had corrected significantly. But the stock has taken support at previous breakout level and now has given a breakout above downward slopping trendline. Swing trade possible
Wedge breakout in Granules India Limited with very high volume