All observations on charts. Stock continuously making higher high higher lows. Good healthy uptrend preceding the consolidation. Entry for safe traders as marked on chart. Entry for aggressive/breakout traders till it sustains above dotted line at 3145. Cup and handle is also forming. Check below. Not good at trading pattern & I don't trade it either. haha!
All observations on chart. All sugar stocks are zooming. Uttam sugar has formed a large falling wegde, bullish pattern. After breaking out stock is sideways for almost 4+ months with increased volumes, this shows accumulation is going on. Expecting a breakout soon here. Entry will trigger above 116. RR is more than 1:1. To make it more favorable one can enter...
355 to 370 can be seen as beakout zone. +ADX cross over on daily on daily chart raise with good volume. has been in consolidation for quite some time. it is trading near all time high. RSI above 60 on daily chart.
Chart structure looks like RAMCOCEM forming a Rounding bottom pattern. Currently its trading near its bottom level of this pattern. Expected it will complete this pattern within upcoming few trading sessions. At 1090 level it will face the neckline(resistance). Here either it will breakout this neckline or possible slightly consolidate 1-2 trading session. In case...
Stock consolidating since 9 months. longer is the consolidation more powerful is the breakout. since stock is up today 10% buy only partial qty wait for dip till 400 or wait for range break and enter on testing. All other observations on chart. Many times I have covered range & consolidation breakouts. Advantages 1. Stop losses are low. 2. Kicking out by...
THE VALUABLE COMPANY BABUR GIVE A BIG RALLY 500 TO 575. NOW IT IS IN REVERSAL SO NOW SELL THE DABUR. AND WAIT FOR SUPPORT THE FIRST SUPPORT IS 550 AND THE SECOND SUPPORT IS 339.
SUVENPHARMA has given good consolidation breakout with above average volume.
After a long Uptrend, Nifty seem to have halted for a while and haven't crossed High of Feb month and have been reversed from that Supply area. Nifty forming an bearish pattern (some call it Inverted Hammer or Shooting Star) on Monthly Time Frame Bearish confirmation only when it breaks 13660 else sideway movement to continue
* I like those chart pattern when price hug many times its upper boundary before breakout with high volume . Accumulate slowly this stock . Kindly Let us know if you have any questions .
Indigo is in day level consolidation for a long time. It is now in important support. Moreover in the recent 1 hr time frame it is making lower highs. If the market goes further down it may breakdown.
Buy Just Dial till 775 for target of 1100/1225. Classic consolidation pattern breakout above 775 on weekly chart with smart rounding bottom pattern. Move invalid below 750 on weekly closing basis.
one year consolidation breakout watch above 2450....cup n handle too
After the fall Biocon has is consolidating a price range, rejecting near 407. So breaking that range will bring buying interest. So buy when it breaks 410 with SL of 400 spot. It can trigger sell also if the lower levels break but it is near support area so I won't be taking sell trade.
All observations on charts. Larger the consolidation powerful is the breakout simple set up.
PFC | Flag pattern - Safe Bet & looks good for 10-15% CMP : 127 (Any dip to 122 level is excellent buying opportunity) SL : 120 Target : 139,145 Attached weekly chart in comment section
FORTIS | Excellent breakout after 183 weeks of consolidation - Now retraced little bit heavily towards the breakout zone. CMP : 166 SL : 155 Target : 220 1:5+ risk reward setup.
All observations on chart. Stock is consolidating since May 19 till today. Even during crash and bull rally stock didn't participated either. Expecting a good move here.
Stock is consolidating since October'19. Showing up good volumes over the past couple of sessions. Safe traders can take entry if it breaks 41.5 with strength. Risky traders can take entry as there is also support from 0.6 Fibonacci level currently.