The Britannia is expected to go downwards at least until 3323 which is a further downward move of 250. Traders can short the futures or buy put calls for the target.
The stock has been trapped in a channel for a while now, So we can expect a breakout or breakdown in the coming days. Last week, it broke down from a very important support of 500, And now it again is a range. Buy above 482 Sell below 470 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do...
The stock had been trapped in a channel for a long time. Last day, it broke out of the pattern, so now we can see trend confirmation. The bearish trend will be confirmed if the latest low of 2125 is broken. This is an intraday pick. Also note that trend reversal can happen. Buy above 2151.75 Sell below 2125 Note: Avoid the stock if a big gap up or gap...
The stock broke the orange trendline and is now forming a descending triangle. This is not a recommendation, Its for educational purpose only. Trade Safe!!
The pattern is a perfect example of pullback trading as the stock had given a multi-time frame breakout in the last session. Now is forming a wedge pattern, indicating the bullishness to continue. And also note that FMCG sector is bullish. This is not a recommendation, Its for educational purpose only. Trade Safe!!
514 is an important level for the stock, as it seems from the chart. So look out for a breakout..... Look at the charts and make an informed decision. Thank You Happy Trading Beware of risk involved in stock market and this is for educational purpose only.
Dabur is making a bullish triangle formation and appears to be near completion. It has formed 6 points of contact on the trendlines. The price may perform a breakout above 525, which is the current high. The RR is favorable with a stop loss @ 470. FMCG sector has been fairly flat for a while now and I am expecting some momentum to pick up in the coming weeks.
BULLISH DIVERGENCE ALONG WITH BULLISH HARAMI CANDLE PATTERN ON DAILY CHART FUNDAMENTALLY STRONG COMPANY BUY HERE FOR LONG TERM GROWTH ALONG WITH NEAR POSITIONAL TARGETS UP TO 195-200 THIS STOCK NEED TOO MUCH PATIENT
Targets as marked SL below 195 Final target 234
THE DESCENDING TRIANGLE WITH NR7 IS A NICE MIX TO TRADE ON. SO KEEP AN EYE ON THE HINDUNILVR FOR THE COMING DAYS. Beware : Please keep in mind and stay away from False Breakout Traps. Also this is not any recommendation, it is only for educational purpose. Trade at your own risk. Thank you Have a Nice day!!
ITC is currently trading at resistance levels. Further if it breaks 205-207 levels then we can look for the long opportunities. But as of now I am bearish on intraday basis. Looking for short.
MARICO LTD:- BUY RANGE 350₹-375₹ for Target 400, 450++ Stop-loss:- 320₹ CLBS Disclaimer:- Breakout with vol. accumulation seen in past days..
Hello Traders, Short Britannia below 3800 if it breaks 3800 comfortably for targets of 3570, and 3390 in near short term. #FMCG
As seen from the tend, the major trend is on the upside and 0.618 retracement level was tested once. The top should now move to target of 1460 with a SL of 1360.
COLPAL shows positive indication but be cautious on triangle breakout. disclaimer: this image is only for the educational purpose don't take as a recomendation, for the investment please approach financial planer. for more updates follow us.