Breakoutzone
Bharat forge looking good on chartsBharat troge given a breakout after testing resistance many times , Looks like buyers are not going to fail this time , Stock all set to go up , Given a good breakout with good volume , If price sustain tomorrow above 680 it could be a good buy candidate
Keep eye on it
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
DR REDDYS LABS(Intraday / Swing Trade) | RR 1:2.8+ | Type:- Breakout
Reasons To Trade🤔 :- In Uptrend, Making Higher High's, Above 200DMA, Forming Continuation Pattern, Overall Sector is Bullish.
Entry :- 5200
Stop Loss :- 5100
Target :- 5480
(Risk Must Be Managed.)
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--Any Suggestions--
GILLETTE INDIA | Monthly BreakoutGillette 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%.
Is Titan Ready for a breakout?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.
CIPLA - Breaking out of FLAG PATTERN (T1 570, T2 600)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 levels of 600.
Good time to enter in long swing trades with stop loss of 520