Channel breakout in Exide Industries Stock has broken its previous major resistance with significant volume. Also, we can observe a Inverted Head and shoulder breakout in hourly time frame. For further strong momentum in the stock, price has to close above 174 in daily chart. Price between 165-170 is a good range to enter the trade. Stop loss can be placed at...
JAYBARMARU | Channel breakout + Decent demand zone - Looks potential for 40% CMP : 180 (Dip : 170) SL : 150 Target : 245, 330 Almost 1:4 risk reward setup (First target)
Nifty heading towards 18000 and more ?? Probably YES, as per technical it has broken the channel upper line with strong momentum and retraces at 17500. Also we can see RSI Divergence indicates the Strong reversal in the trend which is a good opportunity for swing/positional entry to go long keeping SL 17450 - Target we can expect another 500 Points move that is...
Finally stock has managed to break above the previous supply zone which was sustained for almost 8 years. For breakout confirmation stock has to close above 88 with good volume in the weekly chart. In the hourly chart, the price has given a flag and pole breakout with the first target of 100. SL for the trade can be placed at 77. All the possible targets are...
KIRLOSENG | Channel breakout - Looks potential for 30% CMP : 177 (Dip : 170) SL : 155 Target : 220 1:4 risk reward setup
BANDHANBNK after 3 months consolidation it breaks the channel with good buying pressure ...so plan to go for long (buy) position...keep stop loss below the trendline...target near upper resistance
ZYDUS LIFE breaks the Resistance Line and gives a retrace so we can go LONG (BUY) and keep stoploss below the suport line
Running in a parallel channel. Has tried to breakout multiple times only to fall back to the demand zone. Will it give a breakout this time? Maybe, maybe not! Should you invest? I cannot provide an answer to this. That is for you to bet on! You can risk a small amount by trading it now or you can wait for it to break and close above level 480 to initiate a...
Parallel Channel Breakout in Hikal Limited Stock was trading in a channel from past one year. Now we can see this channel has been broken with good volume and candle. Stock has a potential to reach 500+ level in coming days. Ideal stop-loss be at 240. This is just a view, not a recommendation to trade. do your own analysis before taking any trade. Share your...
PDMJEPAPER | Channel breakout - Potential for 25-40% CMP : 45 SL : 40 Target : 58 Almost 1:3 risk reward setup (Based on Fib)
Description: Stockname :TATACONSUM Chart Pattern : Uptrend triangle pattern Time Frame :1D Entry : Trainagle Breakout Target: T1 :900 T2 : 982
Updated View All time high as wells channel breakout in Astra Microwave Pr in daily chart frame. Stock broke its important Supply zone with good volume and candle. For the upside movement stock has to close above 313 Level with good candle & Volume. There is high chance for a retest , if it is coming for retest then 290 level should be strong...
15 years Channel breakout in Ruby Mills. Stock has a potential to reach 900 range in coming weeks. For the further upside movement stock has to close above 587 range in a weekly chart. Now, 500 range should act as support. 425 will be the ideal SL. This is just a view not a recommendation to trade. Do your own analysis before making any trade. Share your...
Channel breakout in canara bank along with some consolidation ,expecting some good upside move .....
HCLTECH looks super bullish and can be bought as a swing trade for the upcoming 3-4 months and a target of around 15-20% can be expected given that the overall market remains bullish. Even when Nifty IT was performing low, HCLTECH held its ground and today it has finally given a breakout from its channel pattern. The breakout can be confirmed with volumes and...
From few months stock was trading in a sideways channel, now it has given breakout with good volume. If we observe short-term chart, stock has already given a symmetrical triangle breakout for which final target is not yet achieved. We can expect a good upside momentum if price closes above 905. 830-845 levels should act as strong support. Considering the...
RESTAURANTS BRAND ASIA - SWING TRADE IDEA 1. Uptrend Channel Breaks out at 115. 2. Comfortable open and close above 115, so the next target will be at 125... 3. Quick Swing trade for 10 points. Note: 1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only. 2. Always check with your financial advisor and take the trade as...
Castrol have break its channel pattern by Monthly and Weekly time frame and hangs over 110 . good to accumulate for long time. * Learn and invest *