long on voltas which is breaking a long time consolidation with rsi above 60 and it can be the best midcap which will outperform in june.
Wabag is water management company globally ranked 4th . It was in downtrend , a perfect inverted head and shoulder pattern formed beautifully and breakout from consolidation. Long with a target of 363+ initially with a stop loss of 250 CB. Disclaimer - Only for educational purpose not a recommendation. (I am invested)
A multiple breakout of trendlines can be seen on the weekly charts of JIndal SAW. (OPEN AND EXPAND THE CHART FOR DETAILED VIEW) Firstly, the 7 year trendline, form 2014 Secondly, the 5 year trendline from 2016 (diagonal one) Thirdly, the one year trend line. from 2020 (THE THINNER LINE) Volumes too are favorable. RSI is a bit high, hence retracement can be...
A good resistance can be seen on the daily charts of Adani Ports. It can be a good buy above 796, breaking the resistance point. The volume as of now are low, but if it breaks the level of 796 with good volumes and sustains above 796, it can be a good swing trade. (OPEN THE CHART FOR DETAILED VIEW) Targets- 810, 839 and 858 SL- 770 Risk-reward...
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* Pullback after breakout with low volume is a sign of bullish .
Hindalco is forming a symmetrical pattern and can break either side of the triangle. A break above can be traded for long position for targets of 411 and 426. A break on the downside can be traded for short position for targets of 380 and 367. A downside break will lead to the price going below the 50 EMA, and the first target mentioned for 367 is the level of 200...
Used Fibo and support resistance. buy on the breakout.
NSE:ONGC Levels are Mentioned in the chart... Good for swing.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for...
At All-Time High, Alkem provides a perfect breakout opportunity where it had retested several times. With good vol and double bottom pattern at support, this stock perfectly blends all the price action. Book your profit according to your Risk Reward.
Ashok Leyland forming triangle pattern. Add it your watch list, once break out done take the trade accordingly
Tanla Platform is on the verge of a Breakout from a VCP that has been forming over the last 50+ trading days..
An inverted Head and Shoulder pattern can be seen on the weekly charts of LIC HOUSING FIN. A long trade can be taken if it breaks the line and sustains. (OPEN CHART FOR DETAILED VIEW) I would suggest a long swing trade with following levels. Entry: Around 480 on closing basis Target 1: 515-517 Target 2: 550-553 (Weak target, can be broken easily) Target 3: ...
Today a good volume candle has broken out of the handle. For safe entry, above 121.15 would be preferable. Thank you. Leave a like if you found this helpful
MGL CMP 1070 - sustaining above 1080, doors would open up for a move towards 1208 / 1396 pattern gets invalidated if weekly close is below 1033 Take care & safe trading...!!!