Awaiting a breakout. Long consolidation. Buy only if it closes above 70.
1> Major Resistance Break out after after consolidation near resistance level 2> Bollinger Band Squeez Break Out with high volume 3> RSI sustained above 50 since Nov 2020 and now crossed above 60
Explanation in Chart. NESCO for Short/Long term possible post breakout. Keep Watch. SL 470. TGT 780.
Short Bank Nifty Below 31000: Target: 30450-30550. Stop Loss: 31050. RSI and MACD suggest shorting possibility. Look at RSI for retracement till 50. Look at MACD for histogram and preferably trade after the red part of the histogram begins till it peaks. Target Won't be activated if Bank Nifty Opens Gap up which is unlikely for now. Long possible above 31500 but...
Stock hit the upper circuit today which was above the previous high which confirms it's breakout. Position can be made for some good amount of money with the stop-loss and targets mentioned on charts.
It Broke Consolidation Zone, (1W-TIMEFRAME) Possible TARGET 109 Soon !! 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 Below Educational Purpose Only.
SBI - I love this multiyear consolidation !!!!
Good consolidation near resistance , showing strength of buyers and also 20 DMA aligning with Trend line. Strict SL can be followed and later it can be trailed.
COROMANDEL | Breakout after 135 days consolidation, simple channel breakout. Also looks Flag in weekly time frame. Looks good for 18% CMP : 845 SL : 790 Target : 980 P.S : Ideal to enter near 840 zone for better risk reward, hope to see some retracement in a couple of days.
it has been consolidating since Aug-2020 between 700-830 levels. Stock has formed morning star pattern on daily basis at support trendline. Stock has closed above 800 level on weekly scale. it has given breakout on hourly chart at resistance trendline. It is forming Higher lows on daily basis. RSI is at 55 levels, bullishness intact. breakout at 830 levels could...
AXISBANK has consolidated at current level for 9 weeks in the past, currently it has consolidated for 6 weeks. breakout is possible in the next 3 weeks. if it encounters unexpected down move, 530-550 range could be a support. it took support at 50EMA and closed above 20EMA on daily scale. 630 has been key resistance on monthly scale too. 637 has been resistance...
stock has given beautiful breakout after several weeks of consolidation
stock has given breakout and we recommended @51, today itself achieved 1st target and target of 60+ remains intact
The scrip SEQUENT SCIENTIFIC has been outperforming nifty and has given a break out after small consolidation. Consider buying SEQUENT SCIENTIFIC for target of 200-205.' Keep stop loss at around 150-152 on weekly closing basis. ***ideas are my own *** please take risk as per your risk appetite ***
breakout after long consolidation trend line breakout buy for target 2550 + stop 2200 disclaimer - trade @ own risk
NSE:BAJFINANCE Consolidating in a range, Can give breakout on either side.
NSE:INOXLEISUR expecting a ++10% breakout. Price currently on support Trendline.
We have already recommended this at 41 levels and still its good bet to go for long. one can even accumulate on dips, Improvement in earnings and fundamentals in the last few quarters. Do your own research before investing