NSE:ULTRACEMCO is trapped in a corrective pattern and will test Rs5300 levels. The price reversal box is in the chart, This can result in rejection from resistance and then a breakout from the channel.
Hi everyone, welcome to the setup 1. We can see a good volume breakout from the channel pattern. 2. Clean retest with low red volume candles. 3. A 16% upside move is expected from here which is the height of the channel as well. I have taken a cash buy-in this and the expected time to reach the target is 1-2 months. Feel free to like the post and ask any doubts...
Nifty bank channel breakdown captured. Had posted already on twitter to catch this one. Will touch 31000 & if sustains then bounce or further downside to 30750 expected. Thank you for reading.
#CHANNEL BREAKOUT #HEALTHCARE TECH SECTOR # BEST STOCK FOR LONG TERM INVESTMENT
Price forming descending channel pattern to break up and move further towards the all time high.
Price after the big up movement falls down considerably to form channel pattern and now one can see that the price reached the support level and moving up strong. Price is expected to break the channel top and move forward as the pandemic getting ready for the second phase !! Gold will be the only option for the investors as the index collapses !!!
NSE:VINDHYATEL Levels are Mentioned in the chart... Look for Swing Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for...
Price was trading inside a falling channel and it should break up and which is what it does in the last trading session.
This week we have an amazing Chart in the form of Gujarat Alkali. Keep Stop Loss at Rs.380 and all successive targets are marked on the chart. Gujarat Alkali is a chemical company and it deals primarily in Basic Commodity Chemicals rather than Specialty Chemicals. Thus, the business is cyclical and we must exit on technical basis rather than getting stuck in this...
India Cement Long Channel breakout at 181-182 Buy at CMP-182 SL-174 Target- 200, 224 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Wipro Long Breakout initiated at 431 Buy at CMP- 435 SL-418 Target- 460, 496 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
NSE:VIPIND Levels already mentioned.. Buy above 415 on closing basis.. Appreciate our work by like, share and following.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more...
Look up the chart for details.
As shown in chart, havells gave good momentum after double bottom formation, and broke descending channel with massive volumes. Possible targets as per 1w time frame analysis: 1) 1350 2) 1415 NOTE: This Analysis Based On 1 Week Time frame, Targets May Achieve Within Period Of 3 to 6 Months. Feel Free To Ask For Any Technical/Fundamental Query Comment Down...
Channel Break-Out done in ITC I'm interested go long
Stock has been consolidating for long time since there was very less train services. Yesterday there was a news that almost all trains are going to start and 90% occupancy on currently running ones. So i am expecting a good breakout and if today the candle closes above the resistance in a proper bullish candle, expecting a good movement above that. SL can be...