Equitas has given a Positional short signal basis the Convergence of Rising Vixfix and Declining OBV. It is a Positional Short - Target of 45, I would enter via Theta Neutral Bear Put Spread
Stock Has Given Excellent Breakout & after Consolidation phase it started to move. Now The rally may become in action. Tgt & SL Derived in Chart.
Note: This is for educational purpose only. There seems to be a bullish ascending triangle breakout with high volume. Moreover, RSI above 60 confirms bullish momentum. Moreover, there is an inverted bullish hammer on resistance turned support. Buy above high of current candle.
Equitas recently made an ATP BO and also completed its pullback in a positive way.., So my Short term Trgt for this stock is 71
Equitas holding today given strong breakout zone above 56/- levels and holds good volume accumulation. one can expect target another 20 points up move for target 80/-
Equitas holdings has been forming a triangle pattern where 56.50 level has been acting as a strong resistance since late April. Price tested the upper resistance zone of 56.50 around 3 times in late April, once in mid May and multiple times in the last week of June. Thus, making it a strong resistance. Further, in the lower side, price has been obtaining support...
can capture huge move wait till the close for swing trading only for educational purpose
Equitas holding:-- Symmetrical Patterns breakout successfully done buy around 55-56 and target upto 80rs with sl of 41-40 on clbs
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Go Long between 37-39, Target & SL as mentioned. Note: Equitas results on 29 May 2020. So, enter on 1 June, 2020 or after.
Industry :- Financials Scanner :- Volume Shockers Abv 200D EMA :- Below ABV 50D EMA :- Below RSI 11 :- Bullish Divergence 25Mar-16Apr CRS Sloping 21D :- Upslope Delivery Volumes D>W>6M :- Rising Traded Volume 11D SMA :- 2X & Rising Candle Pattern :- Morning Star S/R Levels :- 43.50 / 68 Date Of Entry :- 23-04-20 Status ...
NSE:EQUITAS THIS STOCK CAN COME IN A RANGE OF PRICE 43 TO 63 ONLY FOR EDUCATIONAL PURPOSE ONLY
Levels marked on chart. Wait for the Candle Close.
Buy EQUITAS at CMP (112+) T1: 122.50 T2: 127 T3: 133 T4: 142 SL: 104.5
#Equitas CMP: 106 Breakdown below 102 Breakout above 108 Took support of 50,9 EDMA, RSI moving up..!!! Traders - possibility of breakout is more - Can give a good move 108 (volume must be high near breakout)