M & M Finance Breakout with Volume Now trading at resitance. once this resistance is broken it will achieve targets as mentioned in charts.
Gillette produces a monthly breakout. After a consolidation for a period of 16 months, price broke out in April very strongly. Technically, the consolidation phase can be considered as a bullish continuation pattern i.e. Bull flag and that means a big uptrend is only about to begin. Technically speaking, potential for the upside is nearly 45%.
Stock has been lingering around long term resistance of 200 for quite some time now. Notice the hidden bullish divergence formed with MACD and RSI. Can it break the triangle and go up?
stock is quite volatile. play it safe. Sl 280
very good flag pattern. Get in early as it shows some strength without confirmation. Sl 650
Stock is perking higher.. Very good setup with low risk. buy range: 140-160 SL 120 Target 260( just trail)
Rejecting Lower Price Breakout Zone Bullish Pin Bar
It is been observed that the price action forms a descending triangle on hourly chart, forming lower highs. Now the price action breaks out from the triangle, indicating weakness ahead. Target: 532 Stoploss: 552
As we can see in the Chart Titan has taken support again at a major trend line support and especially on a day when nifty was down .73% and it has formed a DOJI and its now trading in a very tight channel. I might be wrong but now to go long in Titan with a small stoploss of 380 on a closing basis for a target of 390-395-400 within this series.
After long continuation downtrend, yesterday the price action breaks through the downward trend line with hugh volume and also at the same time breaks out from a short Flag pattern. It signals a strong trend change and a bullishness in price action. The price action shall move towards the previous support at 570 levels and another strong support at psychological...