Buyingopportunity
KOTAKBANK TRIANGLE PATTERN BREAKOUTHERE IS THE CHART OF KOTAK MAHINDRA BANK 1 DAY CHART I FOUND OF TRIANGLE PATTERN BREAKOUT.
AND WHEN 20 AND 200 EXPONENTIAL MOVING AVERAGE IS PARALLEL TO EACH OTHER AND WHEN THEY GOING ANOTHER DIRECTION SO THE TRADE GIVES RIDING.
IN THIS I ALSO THINK THAT IT WILL BREAK UP SIDE.
MY TARGET FOR THIS IS = 1831, 1935.
HDFCBANK UPSIDE TRENDLINE BREAKI THINK HDFCBANK WILL GO UP FROM HERE AS THE FINANCIAL SECTOR WILL BULLISH FROM NEXT WEEK OR HDFCBANK HAS GIVEN A TRENDLINE BREAKOUT ON THE 1 DAY CHART.
AND WITH THE SUPPORT OF 20 EXPONENTIAL MOVING AVERAGE HAS GONE TO THE UPDISE.
SO MY TARGET IS = 1524.63 , 1635.00 , 1741.56
BREAKOUT CONFIRMED ON WEEKLY CHARTS | LONG SETUP!!!Stock has confirmed it's inverse head and shoulders breakout on weekly charts over the levels of previous close, it looks ready for a big upside move from here as tyre stocks are still in traction. A long position is recommended with the mentioned stop-loss for the mentioned targets.
Buying Opportunity in SBILIFE 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 time frame.
In hourly time frame price respecting new support it shows some bullish signal.
Price making higher low and same low which is kind of bullish signal .
These are the factors that's why i am bullish on this , but still i can be wrong . Let's see what will happen .
BATAINDIA BUY ABOVE 1451BATAINDIA (Bata India Ltd) BUY ABOVE 1451.
Continuous price rejection from trendline and today's closing slightly below the previous Resistance of 1451. If price moves above 1451 with price rejection at the lower level, it will be a good buying opportunity for a target of 1460, 1470 and 1475.
DHFL BUY ABOVE 82.5DHFL BUY ABOVE 82.5
DHFL (Dewan Housing Finance Corporation Ltd) DHFL BUY ABOVE 82.5. Rising triangular channel and price about to break the trend-line.
GlenMark : Arrived to Buying Zone!GLENMARK has reached major support zone & Buying may come in So keep watch & look for opportunities
if you have any queries regarding above idea or any other stock feel free to D'M
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