A bullish Flag & Pole formation has emerging on weekly chart of $NSE:ECLERX. We will get the confirmation once the current weekly candle get closed on coming Friday with Good Volume. Good Volume means Good Volume.
If we get the confirmation of the breakout on coming Friday then we can create a fresh position on Friday's closing price. Stop loss will be rs 1650...
"Delivery Idea 14-07-23
FDC (CMP: 330.35)
Buy Price: 328
SL Below: 312
For any Feedback and Suggestion, please free feel to message us.
Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take...
Hindalco has given a breakout today & it's also at a good level to catch
Why Hindalco is a Buy? NSE:HINDALCO
Reason for Buy:-You can see metals are Inversely Proportional to Autos.
Even as of now, metals are standing stronger when volatility comes in the market.
This gives the Idea that the demand for metals is more than the supply, making the price move...
Parallel Channel Support + Important psychological level close @ 17000 - Can Bulls Come Back ? Holding above channel, Index can bounce to levels mentioned below
Target 1 - 17300
Target 2 - 17450
Target 3 - 17620
Target 4 - 17690
Target 5 - 17800+
Last Idea - Ending Diagonal At 17795 - Fall...
Ascending triangle with lot many confirmations of the upcoming move. All the conditions have confluence one another for a perfect breakout. Good Risk to Reward. And a perfect setup like a sniper shot. The Bulls are ready so are we.
A big breakout in HAL from the symmetrical triangle and there is plenty of upside left in here.
The stock is running aimlessly since the announcement of Indian Authorities sourcing defense equipments locally for foreseeable future.
And HAL probably is the best listed entity for this sector. Stock just broke out for a symmetrical triangle and will continue it's...