M&MFIN | Hopefully it will breakout this time. Well respected the channel / wedge for the last 39 months, 168 weeks.
CMP : 185 (Dip till 175)
SL : 165
Target : 245
Safe player can enter after the breakout above the channel at 200+
Observation : Channel only broken and excess fall happened during corona crash , that has been recovered and well settled into the...
Stock has given a breakout of inverse head and shoulders pattern on weekly charts over the levels of 540, uptrend is intact and fresh position can be taken with the stop-loss of 540 for the targets of 800.
NBVENTURES | Strong RSI divergence (Lower time frames), oversold in Daily time frame. Bounce and breakout from the falling wedge can give us
CMP : 47.50 (Ideal to enter @ 46.50)
SL : 44
Target : 58 or exit near the trendline as it is getting narrow.
Almost 1:6+ risk reward setup
P.S : Trade with very lite position size as the volume history is not stable...