Stock gives breakout of Symmetrical triangle pattern with very good volumes. Volumes are highest today in last 6-7 months. So it unlocks a good Swing trade setup for decent returns.
SWING TRADE OPPORTUNITY The level of 88 is very crucial for the stock. Since Feb 2022 it breaks this level only once and recovered immediately. It is showing utmost respect to this level as shown in the chart. And on top of that it is forming symmetrical triangle. So it unlocks a good Swing trading opportunity for decent returns.
PNB is about to Channel Breakout above @53.90 after a long period (Six Months) Breakout Level: 53.90 Target Price: 62.00 Stoploss Price: 49.00 Key Factor: PNB traded above EMA 200 (47.92) About to break strong resistance level @53.50 If PNB close above @53.90 its should be Bullish run till @62.00 PNB negative run possible if it breaks downside channel approx. @51.00
UTI AMC created a range in day chart from past few weeks. A perfect range that was broken and reached nearest resistance in a day climbing 8%+. Currently it is retesting its breakout & has hit the resistance, the move shows it has more 12% rally left with an ideal risk reward ratio. Cheers.
1. 2 Years consolidation breakout 2. Trend in bullish 3. Market is at ATH 4. 1:4.75 RR trade set up
1. Price is in consolidation for 2 years 2. Market has broken its ATH resistance today, that will lead to many stocks to come out of consolidation. 3. This could be one of the stocks 4. Follow SL on weekly closing basis to trade 1:7.5+ RR trade set up
1. Trend changed 2. Breakout confirmed 3. 1:6 RR trade set up 4. ATH is the first target 5. 400 Levels can be the next, depth of the rounding pattern after completion Please follow &like & share for more analysis.
1. Breakout on daily TF 2. Weekly breakout to watch for to go for short term investing 3.RR is very lucrative with pyramiding perspective from 1:5 or 1:10 RR
Above 1427 bajaj Finserv can give a good breakout. First target 1460,1480,1500,1520
1. Price is trading near to ATH zone 2. Price took support at uptrend trend line 3. Major trend is bullish 4. Risk to reward is very lucrative 1:5+ RR
1. 5 months consolidation 2. Trend is bullish 3. RR is 1:4 4. Price is holding above breakout levels
Watch investment for ge power for short to medium term looks good price volume action seen
1. Triangle breakout pattern 2. Decisive breakout 3.6 months consolidation before breakout 4.18 months Resistance breakout 5. Major trend is bullish
NSE:INDHOTEL has given a breakout and made a lifetime high. Its a long swing trade.
1. Major trend is Bullish 2. RR is lucrative about 1:5, if trade with aggressive SL 3. If target is 545 levels then keep room for price to move and wait for closing SL below 322 4. If trend changes and price to reverse then follow 305 level as SL
You can buy now looking good at that price. Target should be 196. Trade on your risk.
1. Price trading at support 2. Trend is up 3. Resistance TL breakout
1. Weak hands removed with false break down 2. Fresh breakout 3.1:10+ RR trade 4. Trend is bullish in all time frame