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.
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...