Positional trade: V Guard CMP: 262 Target: 280/285 Stop Loss: 256
Breakout + Retest Done + Rising Wedge Breakout
This is follow-up on Jindal Saw. Can check link to related ideas. Target 1 achieved. More than 18%. 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...
Check the chart.. I already entered at 1616 so RR is calculated according to that. The RR is approx 3:1
I wouldn't suggest anyone blindly take positions with me, I am just sharing my work. Investments are subject to market risk and this is not a trade recommendation. This is a very aggressive buy so I may get stopped out. But I am experimenting.
box berakout ,good move expected bcz 1 month consolidation
Praj Industries is forming a nice VCP at around it's 21 EMA. This consolidation has been happening nearly over the last one and half month. A breakout from this level can be explosive. Fundamentally, it's a very good stock. Keep an eye for the breakout and can plan the trade accordingly.
So, L&TFH is in rangebound from so many previous day. . Now the point where stock can break or reverse, stock is making higher high and higher low from 13th of July. . If Stock break the level of 95.70 then we can see the target between 100-110. . You can take the position in this trade at the level of 96. . What's your view on this comment below in the box.
TRENDLINE BREAKOUT CAN BE SEEN IN THE CHARTS. MAJOR SUPPORT IN THE RECTANGLE AT THE BASE. BULLISH VIEW NEGATED BELOW THE RECTANGLE. TARGETS CAN BE PREVIOUS HIGH AND THEREAFTER 329. RSI FAVOURABLE FOR A LONG TRADE.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
Simple chart & self-explanatory. Buy above 549 for targets of 676. Thank you. Leave a like if you found it helpful
Nifty View: Benchmark Nifty index extends the underlying short term UP trend fine in today's session with a 70 points gain to post a new life high. Congratulations. Now the million-dollar question is whether it’ll be able to sustain at these highs or not. Well, keeping in mind the underlying momentum and sectoral participation, the probability of an extension of...
Dixon Technology has given a clear breakout from a bookish ascending triangle on the daily chart. It is important to notice how beautifully the stock has retested the supply zone or resistance multiple times and then given a clear breakout. When a stock tests a zone or level multiple times, the zone becomes weak and hence it is highly probable that it may give a...
Supply Zone is one from where extreme sell off happens . It's a zone where the sellers are extremely strong , defeating the buyers and pull the prices down. On this chart , we can see that here has been an extreme sell off from the supply zone , on two instances . This is third time , the price is approaching the Supply Zone/Resistance again with weak sellers. The...
#IBREALEST CMP 141 Giving a breakout after 3 years with huge volumes. Target 160 Trade as per your conviction. Just for educational purpose.