enter at 135.5 and ride till 142 and enjoy the bull market
Watch for a bullish signal. Technicals: Trendline breakout and retest done on 1-hr TF. Very likely to reach 6.5 (Near previous high). SL can be placed at 4.5 Fundamentals: Company has come up with net profit after 5 years. Balance sheet is improving. Reserves are near all time high Stock is trading at 0.34 times its book value (15). Its just an...
Eicher Motor Breakout. Perfect time to buy. Thank you
The chart and drawings are self explanatory. Ramco has just broken its all time high, supported by decent volumes. The stock retested its resistance, which is a good sign for the stock towards extension of the rally. Positional traders can take a position at the current levels, with a stop loss at ~325 levels. Please follow us for more trading setups like...
JSW Steel was making higher highs and higher lows for a few weeks, and has been in a consolidation phase, forming an ascending triangle pattern. It has shown a minor break out of the resistance, and now if it follows through, it can soon cross the 52W high for levels of 810 and 894 respectively. The technicals are also giving a bullish bias for the stock. Please...
1. Stock in Continous uptrend. 2. Relative Strength Strong & increasing. 3. Stock crossed All Time High (2017) of 195.15 and was consolidating after multi-year Breakout. 4. Spread chart Breaking out. 5. Accumulative positive volume activity during consolidation. 6. Good Q1 numbers. 7. Stock is up today when most of the Nifty & Mid-cap stocks are in Red.
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.
The stock was in a consolidation mode for the past few months and now on the verge of a breakout.
JSW Steel had a great run few months ago and was in a consolidation mode the last months. It is now moving towards the upper end of the range and the stock is looking strong to make a breakout. If the stock manages to give a strong breakout, it can have a good rally from here.
Rectangle forming on 2H Chart of AVADH SUGAR . BUY CMP/519.10 -> 531, 547, 565 Support - 490, 485, 475, 466. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
HCLTECH should close above 1070 for an upside movement in short term. Swing traders should watch this level. SL 1020
KSL (D):- 431 CMP, Looks good for more upsides :) 1) Breakout Candidate + good Results (QOQ) 2) Volume activity #Disclaimer : View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions
Eicher Motor Breakout from a Triangle pattern. Has Room for another 10% up move with 5% SL on CLB.
This is follow-up on Sanofi India. Can check link to related ideas. Target 1 achieved. More than 6%. 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...
IDFCFIRST BANK has been consolidating after a rally and has formed a triangle pattern. Started from 48 --> Rallied to 67 --> Retraced back to 50 --> Rallied to 61.7 --> Retraced back to 50.6 --> Now at 52 IT is constantly taking support at the support line of 50 and holding up. I am expecting IDFCFIRST to trade in triangle for some time and then breakout of...
OPEN CHART FOR ANALYSIS Daily charts of SBI life shows that the stock has been moving in a specifies price range making continuous Higher Highs and Higher lows. A few days back it gave a good breakout with volumes. And it showed a pull-back now and took support of the range line. Also, if we look at the 1-minute chart of Sbi LIfe ins. (not able to upload...
HCL Technologies broke out of a Symmetrical Triangle formation on the 15-minute chart. Has already retested the Symmetrical Triangle and simultaneously taking support from a Parallel Channel trendline.
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