Buysignal
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalASHOK LEYLAND
Stock trading at its trendline resistance on daily chart.
With recent movement and volumes. Seems this time stock will break this trendline
Buy above 130-133 levels for short term 5-7% targets
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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CIPLA Flag BO and retest - Good short term long opportunityFlag Break out of almost a year long consolidation
and now today it has retested the breakout...
one may go long with StopLoss of today's low
Targets : 1st target can be flag length
2nd target can be the length of the pole as shown on chart above.
Plan your Trade ! Trade your Plan !
Happy Trading !!!
KPIT TECH Long Term StudyNSE:KPITTECH
Time Frame : Daily
View : Bullish for long Term
Observation:
Chart Pattern : Multiple Bottom
RSI : RSI Bullish Divergence
Trend : Trendline Breakout indicates Bullish move is in card
How to go Long ?
Buying Zone: 515 to 540
Trendline Breakout : @ 578
Buy @ > or = 580
Stop loss = 556
Support : 540
Target = 619 - 660 - 750 - 800 + + +
Breaout Level = 801.00
Note : In case of Retracement one can accumulate KPITTECH in between 515 to 540 with 4% stop loss.