Buy Century Enka Closing Price - 459.2 SL - 380 (Weekly Closing Basis) Target - 675/800
CMP: 650 - Cup & Handle pattern breakout above All Time High - Volume spike
The 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
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. ******* Knowledge Purpose only ******** ->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing &...
#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...
#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...
CENTENKA (Weekly):- CMP 327.25 looks good for upside :) 1) Multiyear Breakout :) 2) Volume Buildup