The Tea/Coffee Sector is ready for its bull run. Look at Tata Coffee and Jayshree Tea as well. SL: Below Breakout candle TGT: Carry position till it breaks 20MA on Hourly chart (on daily closing basis)
Self Explanatory Chart. A rising wedge which contains a consolidation (retest) after a breakout from round bottom / inverted head and shoulders formation.
TATAPOWER LOOKING GOOD ABOVE ₹101 FOR INTRADAY , CAN GRAB THE OPPORTUNITY AFTER THE BREAKOUT , ALSO GOOD STOCK FOR INVESTMENT MUST JOIN OUR PAID SERVIVE
- Strong Fundamentals - Stock might test the level of 345 and again continue an upside journey - 345 will be a good entry point with a stoploss below the recent consolidation - 313 Rs - Breakout after huge volumes - consolidation - Volume expansion - Stock is volatile so a good entry is always possible at lower levels of 330 if the level of 345 gets broken - If...
- Breakout candle on 9 Apr with higher volumes followed by a volatile consolidation - Another bullish candle on 30 Apr with volumes - 510 can be a nice entry however the price structure indicates uptrend - Buying at 530 levels is quite risky, it is better to wait for another breakout candle above 550 - Price trending with shallow retracements
The above pattern is some of the most powerful patterns in any timeframe and this is monthly which means we just got a positional scrip to buy.
Notice the volumes rise and the bullish ascending wedge formation. SL for swing: 147.5
Breakout from the Flag Pattern on Weekly Chart. The stock is attractive even at CMP but given the market scenario awaiting a Breakout from the Inverted Head and Shoulders Pattern would be ideal.
The stock looks good for a 10% swing trade with volume support. Buy at 29. Risky traders can buy at 28.50. Target 32/34. Note: All levels only for educational purpose.
Another leg of Pharma rally will start soon as it breaks out of its resistance.
A good breakout with a significant amt of volume indicates the stock to reach 300 levels in the coming days. One can even wait for a retest at resistance to buy the share at a discounted price for max profit.
Ambuja cement has given a breakout on March monthly candle and retested on April candle. Looks good for long entry with SL below the breakout candle.
APOLLOTYRE has given breakout from the downtrend resist line with good volume & now retesting the trendline & the support at 215 level. This support level is a confluence of 50 EMA (4H)/200 EMA (1H) & Fib level 0.5. On weekly (1W) TF, it formed morning star formation from strong support along with the golden cross (50 EMA crossing 200 EMA). A possible long...
The last week's Doji candle with heavy volumes near breakout is a strong indicator that this scrip is going to blast in the next few days, as this indicates absorption volume. Entry: Buy when it starts cleaning out the Doji on the upside. SL: Below Last week's Doji Tgt: Wait till it gives a close below the Hourly 20 VWMA (on a daily closing basis)
correction took place now ready for up move comment down your view on target and stop loss
Simple advice: wait for retest and hunt.