M&Mfin breakout with good volume providing good RR. buy near 190 SL 170 target 230,250
Continuous trading in a range from few weeks. Any time sudden profit booking may happen with that a good breakout can be seen from this Triangle pattern. Let it Break!
Equitas holdings has been forming a triangle pattern where 56.50 level has been acting as a strong resistance since late April. Price tested the upper resistance zone of 56.50 around 3 times in late April, once in mid May and multiple times in the last week of June. Thus, making it a strong resistance. Further, in the lower side, price has been obtaining support...
M&MFin has formed a Doji just before the closing and an inside candle. This is a sign of either trend reversal or a brief halt at trend continuation, but gives us a good trade idea with good Risk/Reward Ratio. To take the advantage of the opening momentum in this stock, Buy above 208.25 and Short below 198.75 with 204 as Stop Loss either side. Either trail your...
May breakout for the specified targets
IF SUNTV Break level of 427 then you can add in your Buy Watchlist. Entry Price: 427 Stop loss:415 Target:442
-SGX NIFTY IS SHOWING A GAP UP OF 45 POINTS -THIS SHOWS A POSSIBLE OPEN ABOVE YESTERDAY HIGH -BEST PART IS NIFTY HAS BROKEN ITS 200-EMA ON DAILY CHART AND MANAGED TO CLOSE ABOVE 10550 -AND IF THE MARKET SUSTAINS ABOVE THAT WE CAN SEE BIG MOVES ON NIFTY -A " BUY ON DIPS" RECOMMENDATION -CRUCIAL SUPPORT AT NOW AT 10550 -MARKET IS LOOKING TO REASON TO RALY...
ENTER ON BREAKOUT ON EITHER SIDE Upside Targets = 253 / 262 / 281 Lower side = 220 / 200 SL = Tringle lines
ACC has broken its resistance level of 1320 with High volumes. See the Price action to make sure it is not a false breakout and then enter for a long trade. Please Note - All the green lines mean the support zone/demand zone and all the red lines mean the resistance zone/supply zone.
Indian Telephone Industries limited has broken above from a symmetrical triangle pattern. Initiate long when the stock retests the breakout point of 86-87. Target 1: 100 Target 2: 104 Stop Loss : 83
The stock has attempted a breakout from 185 zones 3 times and has reached a stable point, with the good performance of the metal sector, JSW is a long opportunity with a good breakout towards 203.
With the strong recovery of the pharma sector, Glenmark is at the pre-virus levels and has been attempting to breakout of the range. The sector has been in consolidation for several days and it may attempt a breakout to slightly higher levels. The pharma sector may not face sell offs in the midst of the pandemic, in my opinion.
Berger Paints is consolidating in a triangle pattern also taking support on 200 days ema .. keep an eye on it.. if market support can give breakout for min 100,200 points. Manage your Stoploss.
In the weekly bearish channel ( long term ) reversal this week , , but short term structure is bullish so wait for the DIPS and also will look for the breakout !!!!
Looks week ahead , must go to 1330-40 zone !!! Can follow for latest updates on twitter.
Breakout can be huge or heavy selloff can happen at 1620 level. So trade carefully! Buy only if it breaks 1620 Resistance with good volume. BUY above 1620 Target of 1640, 1650 Use tight SL