BreakOut Above 93 SL: Previous Candle Low of Breakout Candle Ascending Triangle Pattern Volume Also Good Invalid Below 70
Wait for the trendline to break, there is an old support below, a fib retracement of 50 percent, and a resistance above. Can be bought after a good breakout from the current trendline.
I told you that this stock has bottomed out @87. now it's trading 99 nearby. I hope you enjoyed this small observation. Today, I am panning to work for nifty. Ref.
Buy Above 102.80 if weekly candle closes above target of 203, else if closes below 88.40 wait for 70-75 level to buy and hold for 6-9 Month.. Returns will be triple on the invested amount..
happy new year ! to all those amazing souls reading it !
Long EDELWEISS Join telegram for free learning and charts. t.me
Hemraj Prajapat Trade Plans: Sell Below 115.9 with the Stop Loss of 117.95
Edelweiss 2 counts presented (alternate count in black). This points to a move higher towards 220-225. Currently tracing a probable triangle. Stop Loss: 182.90. Disc: Invested.
Short EDELWEISS see chart for details
After an extended period of consolidation, the stock has registered a breakout, backed by volume spike as well. The chart looks bullish and am already long in this. This stock and the sector is a relative out-performer Vs the Nifty 50 index. Have this one in your watchlist.