GRANULES INDIA as per daily chart pattern analysis today has formed bullish candle breaking the first resistance level of 310 along with break the down trend channel. Stock should move uptrend with next resistance at 335 level.
MEGHAMANI ORGANICS as per daily chart pattern analysis is in the down trend channel and so far it tried twice to break the resistance level and thrice taken the support level. And on 26.11.2021 it has made strong candle. After breaking the channel once it crosses above 118 level then target 125 level. Considering market weakness be carefull in entering any new...
NSE:IFBIND broke a minor consolidation zone and is heading for a target of 1500. Area of entry would be in between 1250 - 1300 and Stop loss can be 1100 Supporting factors 1. Huge Volume on Breakout 2. No Major Resistance until 1500
This is for educational purpose only . One should consult his advisor and should take decision if they want to invest . As one can see there’s a Ascending triangle and a channel breakout. One can buy at Current price of 1457 with a target of 1500 , 1525 and sl of 1350. Do make sure to drop a like if you like the content.
it is trading near higher end of the channel on weekly chart. RSI is above 60 on weekly chart.
momentum and trend indicator now showing that all timeframes are bullish stock had earlier broken out of resistance zone back in nov 20 but had retraced back to take support at previous resistance and then bounced from change in polarity aug 2021. Monthly weekly had been retracing in a trendline channel forming a flag pattern which broke out further up last week....
#IRTC Indianrailwaytourcorp trendline channel breakout with wide range bullish candle and volume. Good momentum and trend on all timeframes. Could wait for a small retracement for entry.
10% up from here CMP- 4270 TARGET-4640 IN 2 MONTHS SL-3385
Canfin home breaking out of the channel pattern. Looks ideal for swing traders above 578.
Piramal Enterprise had taken a good breakout from its channel pattern and also retest done, so give an entry with appropriate Stop loss only after its breakout 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative...
Indiabulls Housing Channel Pattern breakout Target @ 336
Sonata software has broken out of channels on the daily chart with decent volume. Looks good for positional for the next few sessions.
The stock attempted breakouts in Feb/Mar but could not get follow through volume. Dropped back to 20Wk VWMA, and this time managed to get massive follow through volumes on breakout. The stock is trading at ATH price, so sky is the limit. Nifty is in a definite trend, so this is likely to get good volumes in the coming days. Moving along with sector. SL:...
With MRPL ready to setup oxygen generation plants across Karnataka, along with a channel breakout, a strong Bull run is expected. Target-56 in a day or two, 76 in mid-term and 136++ in Long term. CMP-48 SL-45 Please note that the above is for our analysis and educational purpose only. Do your research before investing
NSE:NLCINDIA is a fresh new Breakout stock and near term target is Rs80+
Granules has broken out of ths channel with 20% potential to move upside. Managing risk is also important here.
#Tata Metaliks, 1050 (WEEKLY) look good for 1200/1320 -Channel breakout happening -huge volume addition -rounding bottom done -metal sector roaring #DISCLOSURE : shared personal view only. Keep suitable sl accordingly.
#ANDHRA SUGAR 385(WEEKLY) look good for 450/500 -Channel breakout happening -huge volume addition -sugar sector firing #DISCLOSURE : shared personal view only. Keep suitable sl accordingly.