CENTENKA
CENTENKA: Flag and Pole Bullish FormationThe stock is forming the classic Flag and Pole Formation. The volume is consolidating between 385 and 425, and is soon expected to breakout for a target of 455, and can move ahead to 490.
Supporting Technicals:
RSI: 67 (Bullish but not overbought)
ADX: 51 (Indicating Strong Trend)
Suggested stop loss is 380
Century Enka Bullish flag Seems like tried to break Resistance with good volume if price close above 427 We can go Long with good confirmation.
->> Always Enter With good confirmation & Maintain proper Risk Reward.
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#MAYURUNIQ CMP 470.45 #Target 569(20%+) $Profit $GLD $MAYURUNIQ#MAYURUNIQ
NSE: MAYURUNIQ
CMP 470.45
Target 20% = 569
SL : 430
Time Frame < 4 months
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
#EMAMILTD CMP 525.75 TARGET 668(25%+) $GLD $NIFTY $EMAMILTD $GS#EMAMILTD
NSE: EMAMILTD
CMP 527.75
Target 1: 596 +
Target 2: 668++
SL 495
Time Frame < 7 months
Can hold the stock after booking in parts.
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia