There is a flag and pole pattern breakout in SBIN. But the breakout is not that much strong as volume is low. So, there is a high chance that it could make a double top or bull trap. It's a kind of wait and watch situation. If it breaks the high with large volume it will be a good swing trade.
As zeel looks bullish in near term with a target of 360above But at current level 320
Gold Dec Long Creating base around 200 day EMA around 47330 Buy at CMP- 47550 SL- 47250 Target- 47680, 47760, 47868, 48010 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
This is follow-up on Jindal Worldwide. Can check link to related ideas. Target 1 achieved. More than 26%. 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...
Crompton : Triangle pattern (Time frame-1Week) . Chart time frame -1 Week Trade type -Short term Duration - 3 months Entry - 505 Target 1 - 550 Stoploss - 470 Risk : Reward - 1:1.2 Leave us a comment or like to keep our content for free and alive. Have a great day everyone! Disclaimer: All charts are purely for educational and information purpose only. I am...
The stock has been ascending for the past few days, and has been close to resistance quite a few times. Considering the setup, it is a likely candidate for Breakout of resistance, for a likely target of 180. I recommend a stop loss of 155, but you can take a call basis your risk profile. The trade offers a risk reward ratio of >1:4. Please follow us for more...
Good breakout from previous resistance of 847. RS is still below 0 on 2HR and Daily candle. If RS turns positive in next 1-2 session we can take entry with short term targets 900, 980 and medium-long term target 1050 and 1150 with good support of 775. Because RS is below 0 line it's a risky trade. All time high is 872.95 that can be next resistance too.
This is follow-up on IRB Infrastructure Developers. Can check link to related ideas. Target 1 achieved. More than 64%. 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...
As you can see in the chart, 708 level is a strong resistance two times stock touched this level, . Today also share try to break the 708 levels but unable to break the resistance. . For tomorrow you can buy this trade once it goes above 710 for the target of 727. . Try to avoid the position if stock give gap up opening. . What's your view on this comment below in the box.
Shriram Transport Finance has already given the breakout, as you can see in the chart. . There is a strong resistance of 1426, two times stock tested the level and then given the breakout. . Now for tomorrow you can buy this trade once it goes 1442, for the target of 1470. . Note: Avoid the trade if stock gives gap up opening. . Don't forget to like the post.
Nesco weekly breakout looking bullish from here. Target - 760. check the chart for stoploss.
A parallel channel breakout can be seen in the chart. The resistance line has been retested. Any move above 320 should be a good indication to enter for a target of 375. Stop-loss can be placed at 310. A risk-reward of 1:8.
JKPaper is looking to Breakout after recent consolidation period. It is seen making a strong bullish candle right on the lower median line of the pitchfork 1. price is above long term moving average of 200SMA ✔ 2. Price is above short term moving average of 50 SMA✔ 3. Uptick in RSI ✔ 4. bullish MACD signal✔ 5. above average volume✔ T1:285 T2:330 SL 215 **I...
Support at 86.5 Resistance at 96.5. Eagerly waiting for upward rally. Head and shoulder pattern & its decline is done. higher chances of bounce back. Decent RSI and recovery MACD, wait for confirmation and can enter.
MMTC gave a breakout today with good volumes! Entry, SL and targets are mentioned in the charts. Please do your own analysis before making any decisions and also let me know if I missed something. Let's learn together.
Breakout retest done Good Zone to Accumulate :- 1340-1360 Short term target :- 1550-1600 Long term target:- 2000 Short term stop:-1250 Long term stop :- 1100 Disclaimer :- Chart is only for educational purpose.
Trend line from May 2017 till now Oct 2021, has been broken.