in weekly - price bounced from uptrend channel support it can easily go to the channel resistance. also in longer time frame, it broke out of horizontal channel with good volume, sl - 280 1st tgt - 330, 2nd tgt - 365
in weekly - price broke the trend line resistance convincingly with high volume. also BB is expanding in monthly - price reversed from long term support zone, and moving up. with a sl - 12 1st tgt - 36, 2nd tgt - 43.
Stock is in nice up trend and trading near its resistance area which is at 185-189. This is fourth time stock has come to test this resistance zone. If price manage to clear this zone of resistance with good volume then we are open for more 20 to 25% up side in price.....Keep watching and stay invested. HAPPY TRADING....
todays big drop pushed the price near to the channel support in daily time frame. with a sl - 935 (below channel support), one may aim for channel resistance. tgt 1010, 1020
cup and handle forming in cadila healthcare watch for breakout. pattern tgt 590 - sl - 517 in weekly BB is upward and candles are showing strength.
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 weekly - price bounced from channel support and moving up, it can go up to the channel resistance. sl - 4010, tgt - 4852
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,...
Round bottom is formed here in weekly time frame, confirmed by breakout with good volume, recently price retested the breakout level and reversed to resume its uptrend. also hidden bullish divergence seen in weekly sl - 61, tgt - 100-110 range
NIFTY has taken support from 61.8% fib retracement which is good sign for BULLS. All set to go for a new high :)
In Gail the upside move will be more clear only if 386's zone convincing get crossed but we are entering based on Breakout & the pullback from today's high ( 5 mins can't be posted here ), so with the same triangle logic entry. But for few the uncomfortable thing here is, it didn't cross the resistance zone ,so doubts will arise. When uncomfortable or doubtful...
it was range bound and consolidating since 2015, now it has given breakout with good volume in weekly time frame, unless it is a fake breakout it has good upside potential. with a sl of 650, 1st tgt to expect - 965
in weekly, pvr bounced from uptrend channel support and horizontal support. sl - 1286, 1st tgt - 1643, 2nd tgt - 1780
double bottom formed after a prior downtrend, broke out with high volume, now retesting. sl - 316, 1st tgt - 370
price is in uptrend channel in weekly time frame. and current trend is up, So it can go to the channel resistance easily sl - 1070 1st tgt - 1210 2nd tgt -1280
price was consolidating in horizontal channel in daily, now there is a breakout with good volume, in weekly hidden bullish divergence seen sl - 360.5, 1st tgt - 421
Apollo Hospitals can be traded two ways : i) On Pullback Entry which is shown as above , its not active yet. Only if we get pullback it gets activated. ii) Can be traded as breakout from triangle, but the problem is when you get aggressive with your entry Risk gets wider, so you need to move it up above 1265's zone Let's see whether we can get high without drugs... !