Ashok Leyland has given breakout on daily chart. it was in downtrend since may 2018 and now it has started uptrend . it has broken the trend line. Now it is heading towards 106 ( 1st target) and then 123 ( 2nd target). Money flow indicator is also giving positive signal. can be long with keeping stop loss just below the trend line . Right now stop loss could be...
Inox Leisure has given a breakout above 326 which was it's resistance since Feb'18. The breakout is accompanied by above average volume and ADX is above 40 which is a very bullish sign. If I go by it's trailing twelve months financial figures then this company registered revenue growth of 17%, operating profit growth of 34% and EPS growth of 149% and it's PEG...
S&P 500 index is at the verge of a flag breakout on the 15 minutes TF.
Targets are near 2570.
Wait for confirmation by the next candle, and a mostly probable retest of the resistance turned support before entering.
INSIDE BAR BREAKOUT TRADE IN NIITECH
NOTE DATA WATCHED ON FUT CHART
DEC FUT CHART ANALYSIS ON HOURLY SCALE
RANGE BREAK EXPECTED ON HOURLY CHART
TRADE ACCORDING AFTER BREAKOUT
DAILY NARROW RANGE BREAKOUT EXPECTED
AFTER A BREAK AOBVE 1153 ON CLOSING BASIS
OPENS UP TGT TO 1162-68
WAIT FOR A BREAK