Cup and Handle pattern spotted in SunTV. Will it rally from here?
Stock has given clear inverse head and shoulders pattern breakout over the levels of 400 on the weekly charts and has confirmed it with the following bullish candles. Stock can definitely be accumulated for a good long position on the lower levels with the stop-loss of 400 for the targets of 600.
Stock has given a breakout of inverse head and shoulders pattern on weekly charts over the levels of 540, uptrend is intact and fresh position can be taken with the stop-loss of 540 for the targets of 800.
As clearly seen, stock has completed the inverse head and shoulders pattern on weekly charts and is ready to give a breakout if it breaches the current market price. Fresh position can be taken on these levels with the stop-loss of 85 for the targets of 135 from here.
It has given a Cup & Handle breakout which suggests an upside level of 545. The view would get negated below 503
DLF is one of the most volume gainer stock right now Check the market Sentiment before placing the trader Target = upper band or line Sl can be easily placed some points below the cmp i.e =145.75 LIKE & FOLLOW for more amazing studies
Reliance has following bullish parallel pattern & the fundamental plus deal news which are coming is looking good for reliance so i hope our target i.e top of channel will achieve
SBILIFE is in trading Range as you can see in hourly time frame . SBILIFE already did several attempts to break the trading range formation but it failed . Now the real question is why i am bullish on this still it failed to hold above trading range . Because its above 200 SMA in daily time frame and if look closely you can see the bullish flag pattern in Daily...
Chart is self explanatory . Buy @132 Target @ 150-175 SL @118
Follow our Telegram Broadcast Channel @vttechnicals Trade Setup : -infratel is trading in a rising channel -fake / minor breakout happened twice before - wait for the breakout to happen. Intraday : Buy Best Buy After the Breakout . Follow us in our telegram channel for daily watchlist and stock updates.
Ok so, got confirmation by abhishek bhai.. I will gonna take entry on Monday, looks good for first around 3% and then around 16% is possible in this script according to support and resistance.. it can go move upside, actually it already has made bullish reversal and now continuation after this last pullback on daily chart, Sl is just below this current...
Buy above 732 Target 760-765 SL Below 705
NSE:BAJAJ_AUTO Bajaj Auto has confirmed trend line breakout on Firday's session. If starts trading above Friday high we can expect more upside in this counter.
NSE:MGL MGL Ltd : Morning star chart patter on weekly chart which is a bullish and strong reversal setup. If starts trading above Friday high then we can expect good upmove in coming week ahead.
Buy Entry 200 - 205 Stop loss 168 Minimum Price Target 248 Risk to Reward 1 : 1.50 24% Up Side potential. The Recent move is supported by Higher Volumes. (Trading volume can help an investor identify momentum in a stock and confirm a trend. If trading volume increases, prices generally move in the same direction.)
ENTRY ABOVE : 424 STOP-LOSS CLOSING BELOW: 402 MINIMUM PRICE TARGET: 460 RISK TO REWARD RATIO : 1 : 1.64