Breakoutstocks
Breakout in Asian Paints. Never Miss!!The possible Double bottom pattern breakout.
Asian Paints could be bought at the retest with the
target of the previous point where the supply was
the heaviest. Traders willing to take swing trade
can enter the script. Follow proper R:R, and
quantity can be based on your risk appetite.
MUTHOOTCAP - Long viewThe price has been in a downtrend and finally managed to reverse.
Now there has been a recent fall from the levels of 269 and we are about to witness a pullback.
So for the pull back to be successful we need the price to close above these levels.
We may face some rejections at 278 levels but a strong pullback should break through that level.
On a long term view 374 would be an ideal target with a stop loss of 233 or below.
GOKEX - Long viewThere has been a breakout of a consolidation with the average amount volume.
414 is an area of resistance that has been marked on the chart.
So if you want to go long then consider the fact that the price has just closed above the EMA200.
Above 414 would be a good point to enter this counter with a stop of below 385.
437 would be the next target and if that has been taken out then we can expect 473 and then further target of 520