RBL Bank breakout but it is in Acuumulation Zone. WE need to keep a watch on this stock as for 2 months it has been into accumulation zone. it has some hurdles to reach to 140, but once it reaches 140 it will be ready to fly, So keep this stock in your watchlist.
Biocon @ Breakout level. see its trading at a descending channel. once its break outs it will reach its life time high however there will be a psychological level at 400 which it has to cross before it climbs higher
Wipro clear cut break out with heavy volume.but its facing a still resistance at 215 level see the same candle being formed on 11th march 2020 same place it faced resitance and daily close also at same levels. as march month was a selloff due to corona virus now the price are retracing but still we need to wait for it to cross 215 levels once it crosses we will...
After breaking Psychological level of 450... Wait for 2 points down for conformation of sell signal... Sunpharma Sell Below 448.. Touched Support of 450 6 times in hourly chart.. now its ready to go down as its now trading below 20MA
Ujiivan Finance Clean Breakout with heacy volume, See chart for support and resistance.. will act as a target for buy side if market is bearish then we will sell it and our support becomes our target....
IDFC First Bank clear cut break out with volume
Also see long build up. ( search on google to see it ) which is a clear signal of a bullish trend. but observe Nifty and build position see target levels in chart.
Wait for the prices to breakout
If it breaks downward then the next support will be 157 to 152
If it breaks upward then the next resistance (Target) would be 200.
If the stock is bullish then it can target 236.
Trade safe !
Stay safe !
15 min chart makes a nice triangle after a long run.
Volume inside triangle seems to be dried up and breakout of triangle is possible with good volume support.
BUY if the price moves above resistance.
Target - ideally length of flagpole but be cautious as flag is too long
Stoploss - triangle top