INDIA GLYCOL gave bullish flag breakout ...wait for last swing high to break
The stock has formed the classic Cup and Handle pattern, and is a likely candidate for a breakout soon. The targets and stop loss are mentioned in the chart. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if...
The stock has broken out of the pattern with very high volumes. Looks likely to cross its 52W high soon for targets of 560 and 595. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if you liked the idea.
Bajaj Auto has already given the breakout, 3900 level was the strong resistance, . And Bajaj Auto share already broke the level on today. . So for tomorrow we can expect the good move and it wil more strong, once it goes above 4000, . Short term targets is 4200. . What's your view on this comment below in the box.
HINDALCO share tested multiple times the level of 485, . And every time the share rejected now again in tomorrow or day after tomorrow, . Stock will retest this level if it is goes above 485 with a good volume you can buy this trade, . For the target of 495, 500 is a strong resistance level so maybe it will not break the level. . What's your view on this comment...
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any...
Entry – CMP 1,330 ( can enter around 1280-1300 levels too to tighten the Stop loss) Stop loss -1215 Daily close (Tight Stop 1280) Target 1 – 1730 Target 2- 1950 Duration – 2-3 years Co has good Fundamentals and is available at beaten down prices Co is one of the largest tyre manufacturers and is one of the fastest growing tyre companies in India Co has debt to...
Triangle breakout in Wonderla Holidays Limited with high volume
Simple 13 year old consolidation with high volumes. Stocks give multibagger returns after breakout of such long consolidation. Longer the consolidation more powerful is the breakout. Below is Weekly chart. Perfect high volume breakout bar & Retest. Never miss out on such setups!
A good channel breakout and retracement to the resistance trendline. Now the script will continue to rally.
Swing trade based on Breakout. Stock is trading in high momentum and has given breakout above previous swing low. Can give a bullish move.
Maruti Suzuki is forming a beautiful inverted head and shoulders in the weekly time frame. Once broken at 8500 it will give a short term targets of 10000 and if that is broken a good target of 13000+ levels are possible ( This is the possibility based on the technical approach although the semiconductor issue may be there till the mid of 2022) This stock deserves...
RAIN INDUSTRIES - SWING TRADE. Change in polarity (CIP) and price is nicely following the CIP trendline. Also, good volumes can be seen.
Bullish Flag breakout in M&M after six months consolidation on monthly chart & on weekly chart as well. Auto index also gave breakout and looks bullish on daily chart. Resistance levels to watch is 822, 850.
IBREALEST seems recovering from a downward sloping channel after giving a strong breakout from the pattern. It held its support at EMA 100 which was also a key Price Action level from where price had revered on two occassions before. Seems like there might be some upside potential here. The chart is mostly self explanatory.
This post is in continuation to the earlier trade in same scrip which we managed to observe from 620 to 880 in few session. The stock has since retraced to lower level. The link to that idea is added at the bottom. Here without considering the upper shadow of the candle the triangle breakout could give you a possible target of 800+160 =960 based on length of the 2...
Pioneer EMB is attempting a breakout post consolidation of few weeks. Looking good for strong upside given the tailwinds in the Textile sector. Possibly could even double from current levels
Buy above 3800 and the target will be 4200. Duration- 1 month. Stock is broken the trend line and shows the breakout. Also, in the Bollinger band, it broke the middle line. So, we got double confirmation. #MUSTBUY