This is Weekly Timeframe.
AB Capital was in consolidation form March 2021.
While consolidating it had took 3 time major support.
The very 1st time it came near previous resistance acting as support now,
it formed dragonfly doji and gave strong rejection.
The 2nd and 3rd time it came near support,it bounced back with strong volumes and formed double bottom...
ABCAPITAL Long
Strong resistance breakout with good volumes
RSI-65
Buy at CMP- 116.5
SL- 106
Target- 127, 134, 139
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
This is follow-up on Gujarat Fluorochemicals. Can check link to related ideas.
Target 4 achieved. More than 262%. Target 5 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....
The Stock has been on rise for the last few days, if its able to break the resistance and close above resistance, then one can take entry. Looks good for swing above 145.
Hello All,
I hope you are healthy and happy! 😃
Currently I have this stock in my radar. A clear breakout in such market conditions is uncommon and that is what makes Power Grid really powerful.
Breakout is backed by good clean candles and volume hence it seems reliable. It will be very interesting to see how the stock behaves now as it is at ATH in such market...
Multitimeframe trendline BO + triangle BO + good volume + trading above all MA + Rounding Bottoms
Buy Point = 253
Target = 296 or 376
Stop-loss = 202
You will get Update ....Don't Worry
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.
Hello All,
I have brought in another good set up.
SRTF has broken it's consolidation range. Prior to the breakout day the volumes were building up and the breakout candle has witnessed the largest volume in the last few months which is a good sign.
Now how to trade it:
First of all do not let FOMO overpower you to take a trade in haste. Observe the price for a...
This is follow-up on BEML. Can check link to related ideas.
Target 2 achieved. More than 40%. Target 3 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...
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.
Idea is self explanatory... In weekly chart stock is giving breakout with good amount of volume. I have provided SL along with 3 targets. Keep in mind book partial profit with every target and 3rd target may take time with few consolidations.
Note: I'm new to technical analysis, do your own maths. I'm open to new ideas and flaws in my analysis, so please do...
Aurobindo Pharma
- The stock has been an underperformer since May 2021
- Was the recent breakdown below 680 just a shakeout of weak hands or would it get resisted again?
- We are soon to find out... The stock is near make or break zone.
Momentum might be seen on sustaining above 712
Note: In our last stint with Aurobindo Pharma it did not work out that...
