Breakoutretest
#PageIndustry touched the previous demand zone#PageInd price came to touch the Demand Zone of 37800-39600 after making all time high of 50350. CMP is 40850 allmost 20% down from ATH price.
Strong fundamentals and can be added here with 37500 as SL for 15-20% upside from here.
Page Industry gave BO at 36200 in October 21 and achieved high in Oct'22. And now again at good buying level for midterm investment.
cup and handle pattern at VBLPreviously the stock made a CUP & HANDLE pattern in daily timeframe.
It was facing resistance @1175-1200 range, then it broke that resistance with enormous Volume and made a new high.
Now it is coming back to the breakout level for the first time, which might provide us with a good long opportunity.
For added confluence
1. RSI is below 40 (which will fall a bit as the stock approaches 1180 - 1200, CMP/LTP 1221).
2. 100 Day EMA is near 1170.
Important Levels
Entry - 1185
SL - 1125
Target 1 - 1280 (1.58R)
Target 2 - 1350 (2.75R)
**Do your own research before taking any trade**
GABRIEL INDIA | C&H BO & Retesting BO Level | 70% UpsideNSE:GABRIEL
Cup & Handle BO in weekly charts
BO level of 152 being retested.
CMP being supported by short term moving averages
Momentum in tact as RSI > 50
CMP : 150
Tgt : 181 - 208 - 260
upside : 70% as per pattern target
SL : 130
Time frame : 3 - 12 Months
BULLISH on IRCTCNSE:IRCTC
The price, after the breakout from the channel pattern is regularly testing the Trendline and taking a support from it. Now the price is again testing the trendline, and also testing the confluence of the major moving averages. This is the reason I am very confident on this trade. This is a positional trade for upto 3 months. This Target levels are 758 and stoploss levels are 661.
Disclaimer :- This is my own view and analysis. This is for educational purposes. This is not a recommendation , call or a tip.
BULLISH on BDLNSE:BDL
The prices, after giving a breakout from the Ascending Triangle Pattern has retested the support area. I think that it is the good time to enter the stock. The prices are above the important moving averages. The MACD and RSI is also Bullish. This view is for upto 6 months. The Target levels are 1070 and the stoploss levels are 864.50 levels.
Disclaimer :- This is my own views and analysis. This is for educational purposes. This is not a tip, call or a recommendation.
#Mindtree Long (06 Apr)#Mindtree Long (06 Apr)
RSI-62
Buy at CMP- 4389 or at 4250
SL- 4115
Target- 4550, 4740
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