Go Long above 115.1 for Targets of 121.9, 128.7, and 135.5 with SL 108.3
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.
2. The stock formed a bullish chart pattern, Inverted Head & Shoulder and today...
Wedge getting formed expected a pullback to 0.618 fibonacci level 15680.
Just for study purpose only and should not be interpreted as a proposition to buy or sell in any securities
The stock has given breakout after 145 days
Buy :
15% --> 625
15% --> 630
70% --> 650 AFTER TOUCHING 625 SUPPORT PRICE
ABOVE BUYING SPLIT TO PREVENT FALSE BREAKOUT
Target :
670 -> 680 -> 700 -> 740
Stock has risen from Golden Fibonacci Level of 38.2%. If sustains above TL and crosses 111 on Daily candle close then can target levels of 115, 120 and 125
QUICKHEAL | Excellent risk reward after huge breakout now perfectly retraced to previous breakout zone. Excellent chart for beginners to learn :)
Looks good for 50% upside move - Weekly chart hence it will be a slow move. Consider buying only for 5% of the capital, not more than that.
CMP : 155
SL : 135
Target : 240
1:4 risk reward setup.
Ascending triangle formation tends to bullish.
It can be a big breakout once it breaks the long consolidation range.
We can see All Time high with upside rally very soon.
At point D of harmonics,Might tumble down from here.
But the stock is near ATH, So not ruling out it's high potential towards Higher highs.
Long above 1537.35
stock is forming bearish harmonics pattern CMP 833
has two sell ( PRZ )
S 1 843 TO 845 TRIGGERED NOW
S 2 866 TO 868 BEST ( PRZ ) TO SELL
NOTE : PRZ -(price range zone)
keeping stop loss as 888 on closing basis
for short term targets :
836/821/814/
801/788/777 &(below)
Buy above 1505 for 7,15,25+++
Sell below 1498 for 7,15,25+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 1236 for 6,13,20+++
Sell below 1222 for 6,13,20+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 6050 for 15,40,70+++
Sell below 5970 for 15,40,70+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
