We're in process of a WXY pattern. Target is the 100 percent fib extension of W at $12.72 USD. Expect a 50percent retracement after hitting the target.
I will buy MUTHOOFIN because : It has been taking support at the trend line . It has touched the support. So will be looking at buying opportunities. If it breaks the support look at shorting Entry : 1105 Target : 1300/1374 Stop loss : 1000
Reliance market is sideways If market breakout we can expect good movement.
Ambuja Cement have Breakout making following : Breakout from Major resistance ( Weekly time frame) Breakout of a channel (Daily Time frame) Breakout of a Triangle pattern (1 Hr time frame)
we have two confirmation for bullish view 1) Upward channel 2) Triangle flag pattern If it sustain on 762 level, it may hit 785-90 level. Feel Free To Ask For Any Technical/Fundamental Query Comment Down Below Educational Purpose Only.
Price action shows there is an accumulation going on in the stock and it is respecting the support line(Trend line) very well once the resistance is broke we may see a good upside move. Now, talking about the fundamentals . Pros:- Company is almost debt free. Company is expected to give good quarter Company has been maintaining a healthy dividend payout of...
buy above 430 for the target as mention on fibo
Only for Educational Purposes! Trade based on your money management. Any Queries comment below
Stock looks pretty much ready to show follow up buying in tommorow's session after today's big move and give a breakout over the levels of 650, once it clears this level stock is expected to be in aggressive bullish trend. Positions can be made with the mentioned stop-loss for much higher levels from here.
I will look at buying CESC because : It has broken its resistance It can show a upward movement . Entry : 700 Target : 784/840 Stop loss : 647
As per chart pattern analysis, buy above 420. Feel Free To Ask For Any Technical/Fundamental Query Comment Down Below Educational Purpose Only.
very optimistic about the budget and also its a good company fundamentally and technically also show a positive buying side.
disclaimer - trade on personal risk
Trade with proper risk management. Educational Purposes! Any Queries comment below.
Inverted head & shoulders neck line break out, and bull flag break out, that indicates bullish scenario. Possible targets 1) 165 2) 175 Feel Free To Ask For Any Technical/Fundamental Query Comment Down Below Educational Purpose Only.