Buysignal
ALOK INDUSTRIES--> Minimum 20% upside potential in short term>Breakout from a channel and retest of 20EMA with 50% fib retracement forming a flag pattern
>A buy trade can be initiated between 26.5 to 28 for at least 20% potential upside in short term with a stoploss of 24.5
>Favorable risk reward ratio of almost 5
Accumulate TCS at highest RRRObservations from TCS Chart:
1. Formation of an ascending triangle
2. A reversal from lower line is hinted by RSI divergence under formation.
3. Currently at lower price which has high risk to reward ratio.
4. Accumulate upto 3165. Set SL below 3150. Target 3750+
Right information at right time is the key..!!
Tata Metaliks: Breakout from Symmetrical triangle, Buy SIgnalTata metaliks had been trading within the symmetrical triangle pattern. Recently, the security has taken a breakout from the pattern in the daily time frame. Therefore traders should grab the buy opportunity
Granules Waiting for Trendline Breakout {Bullish}Entry : Only If Price Closes above 355 level
SL : 320
Tgt 1 : 400
Tgt 2 : 440
>> Always Enter With good confirmation & Maintain proper Risk Reward.
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TATAMETALI - BreakoutTATAMETALI triangle breakout. Looks good for a swing trade with SL below the lower TL.