Stock was in tight consolidation. Today the stock has given a trendline breakout. Can be added for low risk high reward trade
Daawat Long Breakout With good volumes RSI- 73 Buy at CMP- 76.75 or at 74 SL- 69 Target- 83.5, 88.4 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Tata Elexi is now moving in the same formation for quite sometime it has to cross the marked entry point for a good uptrend movement. It has been giving closing in red 4 times in a week. Once it crosses and closes above the entry point it will be an uptrend
1. Formed 2 Rounding patterns 2. After that stock rallied for 40%. 3. Price retraced to previous breakout zone forming Symmetric triangle. 4. Breakout from triangle pattern 5. Price may retest by retracing to breakout zone ( 68-70) and then resume the rally to Rs.90/-
ITC gave a wedge breakout after being in consolidation for days since hitting the high of 265. Will this move result in a new 52 week high ? Very likely it will as the breakout is suggesting which provides an excellent long entry with good risk reward setup. Tgts are in the chart.
As we can see there has been a resistance level of CDSL at 1587, Wherein If it gives closing above it we can expect it to make a new high and give a return of approx 17%. Which we can target for 1884.15 Also if it doesn't give a breakout we can estimate it to be near 1437
IEX on hourly chart has given a clear stage breakout, I have mentioned the required SL levels and potential target regions, but need to make sure that the position sizing has to be limited here as Nifty iin not a trending structure.
Aarvi Encon Ltd CMP:- 85.75 Looking good for more upside
AAKASH EXPLORATION SERVICES DAILY as per daily chart analysis after a brief consolidation today the stock has given break out and above 238 for a target 250.
Aarti Ind has broken out of the consollidation region and now can be bought at the retest of the breakout area, with nearest swing low as SL
JINDAL STAINLESS as per daily chart analysis had given downtrend channel breakout last week and had a brief consolidation for another break out today. The stock above 186 level for a target 196. Resistance 197 level.
Nazara Box breakout pattern formed and breakout happened at 2400 levels. Next levels to watch out are 2506,2624-2645, 2810-2825, 2900+
As you can see in the chart, COFORGE is consolidating from last so many days, . Today the stock has given the breakout, so for tomorrow if stock goes above 5490, you can buy this trade for the target of 5600, . You can see in the chart stock has made the same pattern in the previous day's.
Triangle breakout in Shriram City Union Finance Limited with very high volume.
Triangle breakout in Linde India Limited with high volume
NIITLTD Buy setup today with 2 consecutive big volume up.
Tech Mahindra Buy Candle with nice volume & with cup and handle pattern & positive qtr result
NSE:AGROPHOS #NSE:AGROPHOS BO trade, shared yesterday and it zoomed like rocket !! 20% ROI and locked in upper circuit !! Details shared, check my profile for full details.