All details of trade in chart. BreakOut Trade Pattern. As the trade is still to get active thus RR is not that much great but if in any case any pin bar or any other price action gets into play at resistance will update the trade. Be quick in taking and booking trade as the trade is on 15 min chart. CASM!!! ENJOY!!!
POSITIONAL TRADE IS POSSIBLE IN ITC BREAKING FROM A DOUBLE BOTTOM FORMATION IF THE STOCK MANAGES TO CLOSE ABOVE 286 ON CLOSING BASIS ON FIRDAY GO LONG POSITIONAL TRADE AUGUST FUTURES BUY@287(FRIDAY)/CLOSE ABOVE STOP@282 TARGET@300
This is the Chart of Quick Heal on the daily scale, A falling Wedge pattern did appear and the Prices breaks out downward. Though Falling Wedges patterns are supposed to breakout upwards, but here it breaks out downward. This pattern forms over a period of approx 6 months. Break out came with a gap , hence signalling price may go down further. Support for the...
Long Trend breakout on ONGC and long initiate at 187 and 3 resistance in between the main target. Resistance at 188 / 189.50 / 192 and the final target at 195.
It has been observed in the chart that NIITTECH given break out at 447.5. volume also picked up and bounce from 200day MA. watch near 440/448 for target 530/580 stop loss below 420.
It is been observed that ANDHRA BANK, has given a cup and Handle breakout near 57.5. bullish in nature. watch near 56 to 58 for target 63/72 stop loss below 54.
SOUTHBANK has given a head and shoulder break out pattern i.e bullish in nature, watch near dip for target 28.3/ 31 stop loss below 20.
It has been observed in the chart that Cup & Handle Break out at 155 that is bullish in nature. one can watch near 150 to 155 and look for target at 240+ stop loss 140.
It has been observed in JISLJALEQS chart that shot term break out near 98.6. At the time of retracement it is formed bull reversal candle in an up tread, can watch near Current market price for short term target at 108. stop loss below 96.
Redington India closed above the monthly resistance line which seemed more like a descending triangle pattern with an upside breakout. The stock seems to be ready for an upside move to test December 2014 high of 140 level. RSI above 50 is a good sign. Trading strategy : CMP : 109 Target : 138 Stop loss : Close below 92 Reward to Risk ratio = 1.70
5Years CUP & Handle BO 368 Target for 490+ Stop loss CB 360
Short term break out in 1 hour chart stop loss below 98 and target for 105.
Price is about to breakout from an ascending triangle formed on Sobha Ltd. Good opportunity for long entry. Enter only if price breaks out from the triangle. #Target 1: 290 #Target 2: 305 Happy Trading!!!
Biocon is still a buy for short to medium term for possible targets- 1200-1250-1350. SL is marked area on chart
Price broke and closed above symmetrical triangle. An opportunity for long entry. #Target 1: 425 #Target 2: 450 Happy Trading!!!
Price is about to breakout from an ascending triangle formed on Reliance Industrial Infrastructure. Good opportunity for long entry. Enter only if price breaks out from the triangle. #Target 1: 440 #Target 2: 460 Happy Trading!!!
Hi, Sorry, I didn't post this chart earlier, and you missed the breakout from consolidation area. Now you can look for breakout from daily trendline, targeting next resistance. Great risk reward ratio, as we exit below the trendline. CMP - 1329 Target - 1410 Enter = Low of candle above trendline SL = High of candle below trendline. Thanks. Follow or star...
Apollo Tyres may breakout from symmetrical triangle.