DAAWAT - Symmetric triangle - Breakout alert ahead. Self explanatory chart. For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
Hi everyone, welcome to the setup 1. We can see a good volume breakout from the channel pattern. 2. Clean retest with low red volume candles. 3. A 16% upside move is expected from here which is the height of the channel as well. I have taken a cash buy-in this and the expected time to reach the target is 1-2 months. Feel free to like the post and ask any doubts...
Dawaat Makes Shorting Star in Daily Chart and One can short Daawat below 71 and Target 69/67/65/63 Stoploss 75
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Daawat(lt foods) forming bullish flag pattern on monthly tf can look for positional tp of red dotted line kindly support us by giving likes Discalimer : only for educational & learning purpose
3rd wave was extended one which ended at 3.618 of 1st wave measurement. The corrective ABC remained within 0.386 of entire run from bottom of 2 to top of 3. This is typical sign of 4th wave. The triangle type consolidation happened normally in 4th wave. Breakout happened on the back of volume , positive RSI and RS reading. Target could be 0.618 to 0.786 of 3 Rd...
* Base formation near 200 Day moving average and made a Rectangle chart pattern and breakout with high volume in daily scale.
DAWAAT BULLISH FLAG BREAKOUT WITH HEAVY VOLUMES AFTER LONG CONSOLIDATION. GO LONG IF DAILY CANDLE CLOSES ABOVE 63.
Breakout after huge consolidation is done so we can expect good upside potential. Relative strength indicator is about to give bullish signal. 5EMA has already given bullish signal. Target : 120+ for mid to long term
BUY at 59-61 targets-72,87,106 SL-47 TRADE@OWN RISK.
LT Foods has give a shallow correction after a good upmove with volumes. Now is has broken the the pullback trendline with increased volumes. Entry: 60 Target: 90 - 100 Stoploss : 48-50 Timeframe:
this is my second attempt on darvas theory.. buy for long and stop loss u can see in trendline.. this is only for education purpose. thank you