Ashok Leyland breakoutAshokleyland broke a very significant structure after a very long time. It is near 200 days moving average also.
Watchout for Long opportunities.
If it manages to stay above 57 then one can initiate long position.
Buysignal
Ajanta pharma - bullish triangleThis chart shows the consolidation face of AJANTA PHARMA after a power move. So we expect another power move if it brakes the current resistance level.
Wait for the breakout.
Confirm it is clear breakout with volume.
Buy with the help of technical indicators like macd, moving average, pivot points etc
Or you could wait for a retracement and buy at retracement (if it happens)
Beware : Please keep in mind and stay away from False Breakout Traps .
Also this is not any recommendation. Trade at your own risk.
ASIANPAINTS - CLEAR BREAKOUT - DONT MISS - BUY AT RETRACEMNTASAINPAINTS shows a POWERFULL BULLISH SIGNAL . Traders who missed the entry still can wait for a retracement.
Their is no guarantee that a retracement would occur. but dont forget to enter if a retracement occurs.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
BUY signal CESC , Rectangle pattern , Trading is all about skill will go LONG on CESC because:
1) The price is forming a Chanel or Rectangle Pattern .
2) The price also broke the trend line .
3) The price is also under Support/Resistance zone.
4) It has touched the support (lower end of rectangle) and may reach the resistance zone (upper end of rectangle) .
5) Target would be the Resistance area . Book profit when it reaches the resistance zone .
Buying opportunity in Kalpataru PowerReason-
Reacting from demand zone supported by golden crossover
TrendLine Breakout - SBICARDThis has given a trendline breakout and can continue upwards if market sentiment is positive.
United Breweries "Intraday"In United breweries we may expect an upmove if the price continues Pushing towards 959++
Torrent pharma if broke resistance "Bullish Intraday"if broke the resistance the we can expect a good upside move
Only Buy above rising @ 2404
With a stop loss of 2394
Divi's lab strong uptrendHigh Risk!!
It has broke the resistance and now may face an strong uptrend
Buy only on rising above @ 2434
With stop loss of 2412
Shriram transport and finannce "Intraday"It broke the resistance but as seen in the chart it has again retraced and that signals a very bullish momentum.
Only buy on rising @ 729
With a stop loss if 718
Tata steel Intraday setupTata steel has shown a good signal broke the resistance and retraced on the support now its time to long
only and only buy above 377***
With a Stop loss of 370***
nifty buy near 11170ascending channel reversal from bottom treandline.30 mins chart. stop loss 11130. target 11300
Axis Bank Trade Setup BTST Trade !!!Axis bank is in ascending triangle at a breakout point.
Above the mention price point it will give you some nice momentum but the view is invalid below 425.
what can go wrong , If bank nifty fall drastically then this will get stopped out .
otherwise everything align according to me , let the where the market goes.
RAMCOCEM - LONG SETUPVery good spot to trade, since we can capture the initial momentum. This can breakout tomorrow if market is positive.
HDFCLIFEFollow for latest updates
CMP- 614
Buy above 616 with the stop loss of 605
Targets- 622, 625, 628
