More than a 15 year breakout if it closes sept above the line. Unlock theme in full swing.
ONGC - the stock looks good especially on any dips - The stock has given a breakout on monthly chart (Breakout zone 115-118) - Short term Target 150 / 157 / 169 - Medium term target 196 / 212 Please note we do have a positive bias in the stock since November 05, 2020 when the stock was at 67 odd levels and we had given a buy for a target of 114. Our...
Buy above 77 stop loss 67 on daily closing basis with 5% buffer on low TGT Open Trail SL Middle Band on daily closing basis
I have sort listed some stocks for you guys this is all for educational purpose :)
Gold Oct Long Buy at CMP- 46458 SL- 46110 Target- 46760, 46880 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Godrej Properties gave a breakout of the Inverted Head and Shoulder pattern on the daily chart as predicted in my previous analysis. It is important to notice that the breakout came with a spike in volume. Target 1: 250-260 points Target 2: 370-390 points On the lower side, the 1560-1620 level will act as a support for the price. The previous analysis link is...
Silver Dec Long Short term resistance breakout Buy at CMP- 60610 SL- 60150 Target- 61200, 61600 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Flag Pattern breakout Stop Loss ~7260s Levels Target ~8300s Levels
Welspun Enterprises - Swing trade Breakout done with good volumes and restest also done successfully. A good RR Ratio trade.
UBL share is near to breakout, stock is consolidating from 1st September between 1570-1600. . Stock get rejected four times from the level of 1600. . So if stock is giving the BREAKOUT you can make a position once it cross 1607. . Our Target is 1640, once it cross 1640 we can see more upward momentum.
ITC is giving simple trendline breakout, today's closing is vey crucial for the stock... if closing is above the trendline - we can expect some retest towards the trendline and the stock will be overall bullish. ***** PLEASE LIKE AND COMMENT YOUR VIEWS AND FOLLOW *****
Tech Mahindra Share consolidating after a good upward momentum. . We can see the continue upward momentum once it cross 1480, . Our short term target is 1520. . What's your view on this comment below in the box.
Bullish Pennant/Flag is a continuation pattern that if appears in a uptrend/downtrend indicates further continuation of that trend. Here, I have used the monthly chart of AUROBINDO PHARMA in which it gave a breakout after a major consolidation. Besides that its fundamentally strong and YOY revenue has been increasing. The whole Pharma sector gave a correction but...
Everything is mentioned in the chart. Please follow proper position sizing and SL
Symmetrical triangle is a continuation pattern which if formed in uptrend or downtrend shows continuation of the trend. Gave a breakout and now it is in retest zone. ACCUMULATE only if it sustains or closes over the respective zone or wait for a green confirmation candle. Happy investing!
While trading a breakout make sure you follow this strategy:- 1) Spot a bullish / bearish pattern (LONG/SHORT) 2) Look for a solid BREAKOUT by a green bullish candle (for if you're going long) and red bearish candle (if short) accompanied by a rise/fall in volume and bullish / bearish RSI (preferably above 60 for long & below 40 for short) 3) RETEST - A candle...
This time I have made some trend lines over it's movement and it's looking to breakout the channel in which it went down.
Apparently it is making H & S pattern , RSI looking good around 60 keep this stock on radar .