Consolidation Breakout on charts
The stock has been consolidating for a while
Breakout after closing from Box
Target 1500s
Stop Loss 1075
Buy above 1290 absolute conviction
NMDC Daily has trendline breakout, double bottom visible on buying zone. 200 ema support on daily candle. Good to buy at 112 for targets of 131 with sl below 103
NSE:DMART
Avenue Supermart (D Mart) Time frame : Daily
Strong Support : 3242 - 3330-35
Support Retested at 3331
Price Action : Hammer at Support inside buying zone 3205-3357.
View : Long term BULLISH above 3407
Trade : Buy @ or above 3407 after open
Stop loss : For Long term 4% or 3270. For Swing Trade 3304. For Intraday 3363
Target: 3530 - 3650 - 3740-...
BombayDyeing daily uptrend continuation from buying zone , daily candle having 200 ema support.
Good to buy at 103 levels for target of selling zone i.e. 137 with sl of 88
Compusoft daily.. on Monday there was upper circuit to the stock. The big bullish candle crossed 200 ema on daily chart.
There is a buying seen from the buying zone.
Good to buy at 23.60 for target of the slanting trendline i.e. 29.75 with SL below hammer i.e. 20.
Looks more bullish if the trendline is break. Can buy half of the qty and if the trendline breaks can...
GAIL Daily whenever reversed from the buying zone and took support of 200 ema, it went till the selling zone.
Good to buy at 145, sl below the buying zone/the suppport TL i.e. near 130
Target is selling zone -- 170-173
NSE:NAM_INDIA
Time Frame : Weekly
VIEW : Bullish with given Targets
Pattern : Double Bottom ( 318 )
RSI : RSI Bullish Divergence
Buying Zone: 318 - 335.
Observation :
Multiple time buying in the range of 318 to 335 can be seen.
Support = 335
Buy at 353.00 (CMP 350 - 02 February 2022 EOD)
Stop loss = 338.00
Long Term Target 364 - 380 - 400 - 450 - 476...
The stock has retested the breakout on three occasions. The third retest seems strong as also took the trendline support. Supply seems to be absorbed and stock seems ready for a swing.
I always try and post my stock analysis which offer good R:R. This is one of them. The resistance zone marked can be kept as a SL for gains upto previous swing.
