In daily, we have horizontal resistance breakout with good volume, sl - 143, 1st tgt - 195, 2nd tgt - 210. also there is a probability for U pattern formation,
Exide Industries Last closing price 208.45 Target 214 / 218 / 221 Stop loss below 205 Take care & safe trading...!!! Regards Indiamarketoutlook
It is in long term uptrend. In daily, it broke out of descending channel with good volume, also price closed above upper bb and bb is expanding and reversing . In weekly, hidden bullish divergence is seen. also price has reversed from horizontal support zone. with sl - 512, tgt - 640.
VIJAYABANK price action has given a breakout from downward trend line resistance at 67.5 ready for target 92+ stop loss below 60.
in longer time frame, it had a long down trend then it formed a horizontal channel in weekly, and price moving sideways for months, and recently it broke out of the channel with high volume, confirming the start of uptrend. It is having a U type recovery, and got a good probability to form a round bottom. with a sl - 4 1st tgt - 12 2nd tgt - 25
in weekly, price is moving sideways, it looks like a symmetrical triangle. price recently bounced from the trend line support with good volume, in daily , there is a symmetrical triangle formation and then break out with good volume. there was a BB squeeze , now price closed above upper BB with good volume and BB is now expanding. sl - 260, 1st tgt -...
in daily, price broke out with good volume, after consolidating in a horizontal channel, also BB is expanding. in weekly, after a BB squeeze, price closed above upper BB, and BB is expanding.https://in.tradingview.com/x/fxIlBukX/ Also it broke the resistance zone after a long consolidation.https://in.tradingview.com/x/RXizbYav/ with a sl - 492, 1st tgt - 565,...
NTPC price action has given a triangle breakout add near 162/167 for target 177+ stop loss below 158
Everything is mentioned on chart... Note: Do your own study before making any position...
JSWENERGY price action has given a downward treandline breakout at 68 add near 66 to 68 for target 85+ stop loss close below 63.
AXISBANK price action has given a medium term break out from accumulation zone, add near 530 for target of 630 stop loss close below 500.
in daily, it has given a breakout with good volume and crossed previous high. Also BB is expanding with good volume after a long squeeze/consolidation. with a sl -17.3, 1st tgt - 23.2
ENGINERSIN price action has given a short term down words trend line breakout at 160 buy for a target 173 stop loss below 154.
there is a breakout from a downtrend channel with good volume in daily. Also BB is expanding and price closed above the upper BB. sl - 503, tgt - 575
Everything is mentioned on chart... Note: Do your own study before making any position....
cup and handle formed in daily , then breakout happened today with above average volume. short term tgt of 1601 is possible here. sl should be below handle low - around 1371.
Stock is an upward channel. Broke recent resistance and now is consolidating in a pennant formation. A break above should be into above 136, for targets towards the channel resistance unless any reversal indicated.