#CONSOFINVT trading above Resistance of 300
Next Resistance is at 380
Support is at 222
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Weekly Chart
#KOLTEPATIL
NSE: KOLTEPATIL
CMP 247.15
Target 1: 268
Target 2: 287
SL 226
RR Ratio > 2
Time Frame < 30 D
The BONUS:
The stock is picked up not for this small target.
The Long Term Target is Rs . 350
This might take around 9-12 months from now.
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Factors:
Inverted Head & Shoulder Pattern...
