Flag
UPL Wait for BreakoutUPL on Monthly longer time frame is creating multiple pattern on various charts.
Two significant pattern visible is Flag pole and Diamond pattern.
Hence it can breakout on either side
If breakout on upper side then target of 991 is expected
If breakout on lower side then target of 508 is possible.
currently good for trading the range unless breakout occurs and sustains on closing basis.
BREAKOUT, CEAT LTD, 53% RETURNS!!!BUY - CEAT LTD
CMP - Rs. 2476
Target - 1: Rs. 3150
Target - 2: Rs. 3799
.
Timeframe - Target - 1: 4-6 months, Target - 2: 8-12 months
.
Technicals - Ascending Channel Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
BREAKOUT, KOTAK MAHINDRA BK, 35% RETURNBUY - KOTAK MAHINDRA BANK
CMP - Rs. 1897
Target - 1: Rs. 2251
Target - 2: Rs. 2563
.
Timeframe - 6-9 months
.
Technicals - Bullish Triangle Breakout & Retest is completed.
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
ICEMAKE - Flag breakoutIce Make Refrigeration ltd showing strong development.
TIME FRAME - WEEKLY
Observations -
1. Year 2018 to August 2022 - big 4.5 Years Consolidate Zones Breakout with Volume.
2.Consolidate Breakout Monthly 🕯 was very Strong.
3. Weekly time frame - Flag Breakout already Done
4. Now near one Support at 240
POSITIVE DEVELOPMENT :
1. Rising trends Indicate: Company experiences positive development & interest among investors is increasing.
2. Volume balance is also very positive, which strengthens the trend.
3. the stock is positive for long term & incase of a down journey than the stock have big Support near at 108 124 Zone.
NOTE : Volume hides In above chart.
Only EDUCATIONAL View -