SURYODAY SMALL FIN BANK BY KRS ChartsDate:23rd Aug 2024
Time: 9:26 AM
WHY SURYODAY❓❓
1. All overview, Stock was in Consolidation for long time since listed and in Jun 22 it made lowest low , after that it is in continues HH HL pattern.
2. Wave Count is visible perfectly and it is in 3rd leg of 5th wave as we can see in above chart.
3. 100 Ema is right underneath in Hourly and Daily TFs
4. Today it has broken the resistance of Flag pattern and likely to sustain above it.
5. In bigger picture, Suryoday is making Upside channeling
Brekaouts
Amazing breakout on Weekly / Daily Timeframe - DEEPAKFERTCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.