NSE:BSE look good to long at CMP. The stock after a good breakout from symmetrical triangle , has now retraced to the breakout level. Volume on the downside are very minimal as mentioned in the chart which implies there is no bearish pressure. The stock most probably will rally from here however the overall market should support. DISCLAIMER : This is not a...
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
The stock declined after breakout on good volume, only to retest the BO zone. It has made 2 inside bars at the breakout point on very low volume. Likely to pick up from here. Offers very good RR.
Technical: 1)Breakout from Stage I - Consolidation zone after 19 years with good Volumes. 2)Breakout Retest with Volume dry-up. 3)Reversing from 61.80% Fibonacci Retracement. Fundamental: 1)Posting good Quarterly as well as YoY results. 2)Substantial increase in ROCE. 3)Reduced its Debt and approaching Debt free. 4)Positive Cash Flow. Excellent Stock to look forward to!!
Chart showing strength for multi year breakout and in current pattern, it is showing breakout test done . will head upto near new high . just my opinion trade on ur own .
News: Finance ministry levies Anti-dumping duty on Natural Mica based Pearl Industrial Pigments. Sudarshan Chemicals is the sole producer of pigment in the country. Shot up on Axis buying 1% stake in the stock. BUY GUIDANCE: Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk...
Closing above the BREKOUT {support} zone highly indicating the sign of BREAKOUT RETEST , will it bounce back from here ? I BELIEVE FOR SURE IT WILL BOUNCE BACK . CMP 612
BUY GUIDANCE: Never buy before 3PM (I have been burnt over and over). Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL GUIDANCE: Selling in Profit: Sell...
on weekly chart it has touched 20W MA and also retesting support after breakout. 600-630 will act as support on weekly chart. RSI indicates bullishness on Weekly chart.
VEDL successfully Breaking out of Multiyear pattern (11 Years old TL) on closing basis.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in...
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in...
The stock is showing interesting price action. From here on, wait for volumes to drop very low, or wait for the price to breach the short term upper resistance (whichever happens early), and then take entry. Price action explained on chart. Mkt Cap ~ 600Cr D/E ~ 0.1 SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of...
The stock seems to be consolidating above its breakout area. The breakout resistance has turned into a strong support. Safe to buy on a closing above 127. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) BUY...
The stock gave a clean rounding bottom breakout with big volume bars, even created a cluster of volume (a good sign). Pulled back to breakout area on low volume. Stabilizing around the breakout retest. The volume RSI is at its support level, making a possible double bottom. Could start its run up when markets end the bearish streak in coming...
Cholamandalam Inv is expected to have a reversal breakout from its bottom support, so give an entry with appropriate Stop loss only after a clear bullish candle from its bottom 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout...
The stock broke out of a 3yr rounding bottom on very high volume. Subsequently it came back to test the breakout zone, made a double bottom and consolidated for 8 weeks. Now it seems to have broken out of the consolidation, and looks ready to fly. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle /...