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.
Everything is mentioned on charts... Note: Do your own study before making any poistion...
Everything is mentioned on chart... Note:Do your own study before making any new position...
Waterbase ltd CMP 112 Observations from chart... - Volumes are higher when going up & - lower when stock is coming down or in consolidation phase - the stock has given a triangle breakout _____________________________________________________________________________________ - long term target as per pattern set up comes around 212-220 zone - 128 / 160...
The breaking of the level of 1240 suggested a down move till 1205/1210 levels based on retracements. Now a fall below 1204 can open up target of 1185/90 on the downside. Upmoves will be corrective.
Every thing is mentioned over chart.... Note: Do your own study before making any position...
Everything is mentioned on chart... Note: Do your own study before making any position...
Everything explained on chart... Note: Do Your own study before making any positions..
It has made a fresh channel breakout we may see little decline in price... That decline will be a good opportunity for making long positions Targets are 800/825/850 SL 730 Perfect risk reward ratio... Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Nifty is in a symmetric channel where there are 3 possibilites... 1. Chances are it may give breakout and follow uptrend channel which was happening from past days after little correction... 2. It May continue sideway move and give upside/downside move after few days 3. Breakdown, through which we may conclude that the nifty is ready for bigger...
Weekly flag breakout with high volume. Target is open but acc to pattern given as height of the pole. SL is place at the low of last candle a.k.a new support.
Everything in chart. Suggestions welcomed.
BYKE price action has given a cup and handle break out at 190, buy zone 185/190 target for 213 & 224 stop loss 178. positive MACD divergence. buy only confirmation on bullish candle. fundamentally good company.
Actually I planned this stock as Intraday setup only but when looked up on larger timeframe there were 2 triangles, triangle within a triangle, if you are Intraday trader go down on timeframe & take the bullish breakout of smaller triangle. If you are swing trader, obviously the bigger triangle is for you in Emami. Let's see whether Navratna oil keep us cool or...
SBIN price action shows short term breakout retesting the support zone buy 280/285 for the target 308/328 stop loss below 275.