Breakouttrade
MAHLIFE Bullish All Time High Breakout NSE:MAHLIFE
Underlying : Mahindra Life
View : Bullish for Short term, Medium Term and Long Term
Finding : All Time High Breakout at 298.80 with volume
Observations:
1. Multiple time support zone 218 - 225 (1,2,3)
2. Resistance Tested 3 times and finally broke the Resistance with volume.
3. Nearest support : Refer Chart
4. Consolidation can be observed in chart with multiple time Resistance and finally both Resistance breakout with volume.
Recommendation: Immediate LONG, Buy on dips near support if opportunity arises
Possibility of a breakout in MAPMYINDIAPossibility of a breakout in MAPMYINDIA
Entry: Above 1450
Targets: 1550, 1700 & 1850
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Possibility of a breakout in ADVENZYMESPossibility of a breakout in ADVENZYMES
Entry: After breakout confirmation
Targets: 300, 325 & 350
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Oil& Natural Gas Corporation Ltd (ONGC)Oil And Natural Gas Corporation Ltd (ONGC) break out level @Day time frame
News : Oil and Natural Gas Corporation Ltd | The company has signed six contracts for Discovered Small Fields (DSF) in the Offshore under DSF-III bid round, with 3 each for fields in the Arabian Sea and Bay of Bengal.
Today watch ongc . Yesterday crossed with high volume and momentum
BUY above 134
Next target 137,141,144