1) Price consolidating for more than a month 2) Two recent pullback with 2nd pullback with higher low indicating stocks is in strong up move Watch for upside breakout after consolidation (accumulation phase at top). If it breaks down (distribution phase) then wait for price to retrace back to any of the previous pullback level and then reversal.
1) Price approaching multipoint support 2) Price approaching 200DMA 3) High volume on 26Apr2021 with no major follow up 4) High volume low and 200DMA price level is almost same. So possibility of high volume area test along with 200DMA support test 5) Quarterly results on 19July2021 Keep this on your radar. Can be a possible candidate for short term positional...
Positional Trade: Bharat Gears breaks out of a descending trend line. Buy: Bharat Gears Last Close: 112 Target: Open Stop Loss: 104
Highest volume in 11 years!!
Positional Trade: ICICI Bank has broken out of a cup and handle pattern. Buy: ICICI Bank Last Close: 665 Target: 718 Stop Loss: 640
Supreme Petro has given a breakout of a downward channel that has been forming over the last few days. The volume dried up pretty much during the pullbacks and the volume is growing on the up move.
Grasim made ATH today with a strong breakout. Looks good for swing traders at CMP.
Axis Long Buy above- 774 SL- 735 Target- 835, 872, 910 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
this is wonderful setup of cup and handle this is part of bullish pattern in technical analysis , the expected returns is quite massive move
Bullish Triangle pattern Breakout in ABFRL. Looks good for swing traders at CMP.
So IBULHSGFIN share break the resistance of 276.70. . Now we ca see the good upward momentum. . Our first target is 290 and second target is 310, you can buy it for Positional Trade. . What's your view on this comment below in the box
Chart is self explanatory. Entry, Targets and 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 consult your financial advisor before taking any trade.
Positional Trade: Century Plyboards is on the verge of breaking out of a rectangle. Buy: Century Plyboards CMP: 423 Target 1: 460 Target 2: 475 Stop Loss: 408
1. At 6 year resistance breakout 2. Price moving in tight range which can result in a good impulsive move 3. Average volume during consolidation 4. Target around 10%
It breakout the channel and formed cup and handle pattern . All indicators are bullish Monthly MACD crossover may happen upcoming months. Share split also may approved on upcoming AGM. These parameters may help to reach the target levels. Vijayaraghavan.K, Kovilpatti, Tuticorin Dist.
Levels strictly on closing basis.
This is follow-up on SIS. Can check link to related ideas. Target 1 achieved. More than 10%. 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 consult your...