PERFECT DOUBLE BOTTOM PATTERN. ABOUT TO GIVE A BREAKOUT. STRONG BUYING SEEN IN THE LAST TRADING SESSION WITH GOOD VOLUMES. REWARD TO RISK RATIO OF 2:1
Buy at CMP Target 1: 18 Target 2: 20 SL ~14 levels
UP! UP! UP! for AUD/CAD (May 6, 2021)
APOLLO HOSPITAL Daily resistance Breakout. Trading at ATH now.
Persistent systems Channel breakout on Daily chart.
- Great buy after a pullback - Entry at 254.2 with stop of 218 - Strong Volumes
you can see this short video for perfect analysis
- Good breakout after forming an ascending triangle pattern - Volume expansion and bullishness exists - Finance and Banking sector might do well ahead - Medium term holding and little skeptical regarding short term - Good entry at 10,870 with stoploss of 10,230 levels
- Breakout candle on 9 Apr with higher volumes followed by a volatile consolidation - Another bullish candle on 30 Apr with volumes - 510 can be a nice entry however the price structure indicates uptrend - Buying at 530 levels is quite risky, it is better to wait for another breakout candle above 550 - Price trending with shallow retracements
Glenmark bullish breakout of a 6 months range. Looks great for a long term holding.
Ambuja cement has given a breakout on March monthly candle and retested on April candle. Looks good for long entry with SL below the breakout candle.
KEC International Ltd gains many bulk orders in this financial year 2021-2022. But due to the corona 2nd wave, it loses some momentum due to panic. But It is trading now at a good support zone. So I recommend BUY for KEC at 398.5 for a target of 410, 417,428,438,486 with a small stop loss at 386.
AARTIIND Weekly channel breakout. Looks good for short/medium-term investment with proper risk management. It has given 90%+ return in last 1 year Time frame.
Tata Power has given a good retest from the key support zone along with the uptrend levels. The risk: reward is greater than 2.5 in case of a push move. Keep accumulating !! Aggressive and Safe traders can take an entry for the next 1 month at least. "Let me know in the comments section if you have any doubts."