NSE:COFORGE is showing two HH beakout and already Wave-5 sets in in 15m chart.
The cool part is: price is just crossing a nice consolidation rectangle with the ever increasing volume build up.
Also see how the uptrend line is beautifully panning out (green line). The immediate support line is at 4200 (green dotted line).
Trade: Buy little dip around 4230, SL:...
This was on my list too, been recommending to accumulate this from 490, it had to give a breakout which it has, in today's session. The fair value of almost all the Godrej stocks is much higher than they are priced right now, which is why we're seeing some re-rating in these stocks. Be it any reason but they have to re-rate because of the fundamentals they have....
IBULHSGFIN is looking good above 227.55 and stock is preparing to go up. Once it break trend line and sustain above 227.55 level, it can show a bull run.
* Stock broken Lower low & Lower high pattern and start developing Higher high & Higher low.
* It is facing resistance with trend line. Today trying to break trend...
As expected in previous idea ( "Bajaj Finance Long" ), Stock has broken resistance line and start moving in upward direction.
There is a possibility of temporary retracement to suggested resistance line (3523). If so, you can open new orders based on price action.
* Stock was in a range and developing higher high and...
(FOR LEARNING PURPOSE ONLY)
While the price is clearly forming Higher Low's,struggling to form higher high's
Price still between fib 50% & 61.8%
Price will fall once it breaks the rising support line or previous higher low
DBL is making similar pattern like Axis bank-
EMA 20 Daily+weekly support
Daily demand zone
Trend line support
Higher highs formation
Immediate target should be 320, if sustains and break the trend line on the upper side we can see 360 levels.
Company is one of the big player in road construction.
PE is 9.25
currently undervalued stock.
Finance sector has been moving pretty swiftly and the strong surge in this counter beyond its recent highs around 700 does spell for some strong continued trended action. The prices have been moving well especially after posting a strong Q1 in 2017. With the prices taking firm support at the Tenkan Sen we can look for the strong surge beyond previous high has been...
Nifty has made today a Bearish Engulfing Candlestick pattern...
Hope we may see downside...
It may fall upto 9530 regions... And if it brake those levels we may consider it as a channel breakdown..
Targets are 9630/9575/9535
SL : 9705
Note: Do your own study before making any position...
Please Like, Follow and Comment your views below...
Demonetization really matters?
all economist have different view. what to follow?
Follow the chart bcz a picture worth thousands words..
honest view looking at chart. recovery may be rapid also than what i shown.
its forecast only. study purpose only.