Coal India is now moving comfortably in a channel, only should look for a Long Opportunity if and when it Breaks out. SL - Half the width of the channel, and first target Width of the channel.. May take time for the entry point to Develop, but will be a good trade.
Has a upflag formation with a tight BB squeeze and consolidation over days....
Infosys has broken out of a long consolidation range and further we could look at a trendline resistance cracked. Daily candles have been solid for past couple of days. Noticeably, breakout candle had massive volume. These factors advocate strong bullish bias. Potential magnitude of upward movement can be derived from the depth of the consolidation which suggests...
After 10 weeks of consolidation, Mindtree looks to break down from the range. However, it would be better to wait for a daily close below 964 for confirmation. Noticeable supports are at respective Fibonacci levels and a rising trendline.
KTKBANK is consolidating between 130<>138 for more than a week, we'll look for trades on either sides Entry : Long Abv 138 <=> Short Blw 130 Range Stoploss : 5% (Closing Basis) Basic Target: 10% if you have any queries regarding above idea or any other stock feel free to D'M Announcement : Recently we launched, TruStox Community a...
FB formed a double Bottom from 11/18 to 02/19 which was confirmed by the succesful breakout on 14 january. Fueled by the earnings Reports on 30 january FB had a big upside gap. Now we have breakout of the consolidation and so we have further updside potential. Profit Target 215$, Stop loss 165$ 2:1 reward : risk ratio
Wipro is running at very crucial level after breaking of 264.20 levels it can easily go to 271 level with amazing speed
NSE: Varun Beverages One more attempt for Breakout . Since July 31 till Jan 15, Stock was oscillating between 670 to 829 Flat consolidation with 2 attempt for breakout Stock is consolidating near 829 level since last few days, might be one more attempt for breakout Possible Long after close on daily chart above 830 for a target of 873 and 920 in short term.
STBT TRADE FAILED IN ACC CEMENTS SUPPORTS BROKEN TRYING TO REACH THE NEXT SUPPORT SHORT@1625 STOP@1633 TARGET@1605 LOT:400 QTY:2
SWING TRADE IN AXIS BANK POSSIBLE CONSOLIDATION BREAJKOUT AUGUST FUTURES CONDITIONAL BUY BUY@634.5(ABOVE 630) STOP@629 TARGET@650 LOT:1200 QTY:1
Stock will test 250-220 on downside
Range consolidation has been happening in the past 4-5 month, which was breached. The breach was tested again and found a support at consolidation trend line. Currently, hovering in Breakout/Reversal Zone (defined by nearest pivot at those levels) If breakout, the next immediate target could be next pivot at 218. If reversal, the consolidation trend line might be...
CONCOR has been consolidation in 150 point range for the past four months. There is also Elliott Wave pattern formation on weekly chart. Stock needs to give breakout above 1425 with volume for it to start its upward 5th wave.
IGPL has been consolidating for the past three months between 700-800 zone. It has given breakout today above 795-800.
After a rising window , price consolidated for a couple of weeks , and then a nice breakout , which coincided with the down sloping trendline and the 50 EMA. Longs may be initiated for a swing target of 180 with a stoploss around 153.Also the price has crossed its 200 EMA , though closed below it.
HDFC has been in a nice long term uptrend trending above 200 EMA, and is just given 13,62 EMA Crossover. Also the price has broken up from a consolidation zone and confirmed a double bottom. Long position may be initiated above 1737 with a target of 1800 and SL 1725
It has been observed that the price action is strongly trending up for past two years. Now, after a big rally up, it is consolidating in a triangle pattern and a breakout above it shall further bring upside rally. Fundamentals Facts: Market Cap: 4328 Cr Face Value: 10 Book Value: 175 P/E: 10 P/BV: 0.88 ROCE (5Yrs): 107% Short Term T1- 158 T2- 160 SL- 153 Long...