It's the right time to enter the trade long! It has given a good breakout through the trend line and as well as the 20 SMMA. and we can also spot a bullish divergence which makes our entry more reliable.
It has shown a breakout with good volume. Possible short term target (in 6months) is 900 For better safety wait for a couple days to see if Breakout sustains. Disclosure: Freshly entered today
Positional Trade: Apollo Tyres has broken from a falling trend line signaling a trend reversal. Buy: Apollo Tyres CMP: 239 Target: 260 Stop Loss: 228
Positional Trade: Tata Communications has broken out from a resistance at 1190. Buy: Tata Communications CMP: 1205 Target: 1350 Stop Loss: 1140
It has been in he good momentum. If closes above 115, then it may go to 140+ Keep an eye, Could be turnaround story (especially with its Solar Power Production capability) Disclosure: Invested
So I am taking this trade on my basic 'Atleast 3 reasons to take a trade rule'. All of these reasons are based on technicals and indicators. Reasons --------------------- 1. Breakout in Daily charts with high volume. 2. Breakout of 0.382 Fibo levels. 3. Both RSI and MACD suggesting an upmove. 4. Share price crossed 20 DMA while being significantly above 100DMA &...
Good RR Trade Initial Target 1850 Short term Target 1950+
I previously posted an idea to short BHEL only IF it breaks the marked distribution phase from the lower band. If you see the description of the previous idea on BHEL, you can see that I have written there that ONE MAY LOOK FOR BUYING OPPORTUNITIES IF IT GIVES A BREAKOUT FROM THE UPPER SIDE OF THE RECTANGLE. And here we are Today Bhel gave a good breakout form...
CRUDE OIL POSITIONAL VIEW Symmetrical Triangle Breakout in Established Up-Trend RSI Sustaining above 60 Level Look it for Bullish Entry Above 5080 or Between 4900-4950 Target - 5300/5700 Stop Loss - Daily Closing below 4890
curve pattern move will in for swing traders keep it on your radar
Daily chart of Grasim Industries looking good after a triangle breakout. Target: 1700 SL: Below 1350 Note: For educational purpose only.
AS We see huge volume buying in MAHA BANK for last 4 to 5 month and rounding bottom pattern breakout we can expect a good rally from here as volume support the price.
L&T Fin holdings has broken above a falling trend line after bouncing off a previous support level. Buy: L&T Fin Holdings CMP: 97.50 Target: 110 Stop Loss: 93
Tata Power is following the Medium Term trend line from November 2020. Confirmation above 115 can be considered a breakout. RSI is climbing more and more above 50 but waiting for MACD golden crossover will be a wise decision.
Trendline broken If breakout sustains, initiate long RSI at levels of 60 Hold for Targets - 1284, 1381, 1475, 1584
Breakout above 690, buy above 685 with sl 660 tgt 1 = 740, tgt 2 = 770. Always consult your investment advisor before taking any trade and know about your risk profile.
ESCORT breakout and showed a consolidation moves before going up. it may consolidate further or take support from previous resistance level and move up. watch the move.