Ascending Triangle Pattern formed in TATA MOTORS. You can clearly see a Rising Lower trendline which is acting as a support line. Stock is taking its support on the line and has avoided any downside movement. Upper trendline is flat acting as resistance line. Positive Points: 1) Ascending triangle pattern which is commonly known for bullish sign. 2) CMP is...
Classic cup & handle formation, with a breakout expected above the resistance level of 456. The technicals such as RSI (Bullish) and ADX (Strong Trend) are supporting the Breakout.
The chart pattern suggests breakout tomorrow. Reasons: - Just close to 52W High - Cup and Handle Formation - Volume spike observed - RSI : 62, indicating bullish trend but still not overbought - ADX : 37, suggesting a strong trend
This stock seems to touch its previous 52W high soon, and atleast reach the all time high of 680. High volumes seen in the counter to support the uptrend. Supported by Other Technicals: RSI - 64 (bullish and not overbought) MACD is above its center and signal Line ADX - 50 (indicating strong trend)
broke out of upper trend line, buy 20-25% position now and wait for the retest for further buying if it retest before moving above 425.
∘ Rising channel breakout ∘ Short opportunity keep Sl on every single trade
Positional Trade: IFCI Cup and Handle Pattern> Last Close: 14.90 Target: 20 Stop Loss: 13.35
i found this and i expect it to boom after breakout
JINDAL drill provides good opportunity to take long postion
Positional Trade: India Cements CMP: 198 Target: 220 Stop Loss: 188
PIIND (D):- 3162 CMP,LOOKS GOOD FOR MORE UPISDE :) 1) BREAKOUT DONE :) 2) VOLUME BREAKOUT DONE
NSE:CEBBCO This stock gave multiyear breakout above Rs 30 level. And in this month it has been sustaining above it. Will it be a multibagger?
This is one of my favourite stock. Finally it have gave breakout from a long consolidation phase in a falling wedge price action pattern. This pattern have took 1 yr and gave breakout. Momentum looks very strong as it also has a seen hugh volumes that haven't came for almost a yr now(last time on 14th sep). Let's see how much time it takes to test it's all time...
A beautiful Head And Shoulder pattern is formed and breakout has happened . The best part is that stock has retested as well. After a long fall and consolidation there looks a Decent upside For Decent Targets. Target could be its all time high.
Almost a 10 year falling channel breakout has happened in jindal drilling. Usually falling channel breakout gives a huge targets and is also in this case. The target could be somewhat 440 and the CMP is 142.
V Mart has done really well in the past few days. It is currently retesting the breakout. Strong indication of buy if these levels are held. Stop loss at Rs.3050
It's time for IBRealestate to make a break on the long side. It has just come out of a cup and Handle Pattern and also a Bullish Flag Pattern. It has also made a couple of tries to break the Long Term Trend Line but the move did not last long. There is also a strong resistance at 117.90. It has to break and close above this with strong volumes and a positive...