It is clear from these two figures that this method can be used in both trading and investing. I will upload part 2 with more details.
KRITINUT has broke the downtrend some time back and has bounced from strong support zone. The chart is forming a cup formation and we can capture the upside 35% as it is undervalued. Fundamentals seems to be good.
A midcap IT company with decent valuations have given the breakout. Remember we are already holding from 2570 which was our first buy given in our stockarrows group. Now is the second buy.
The company has given a price action buy signal. Though the technicals are not that strong, the fundamentals make up for it. The company has been a turnaround and performing very well.
►Stock Characteristics #1: Head & Shoulder !!! ◄ 📌 I have found that some stocks follow their own pathways. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns. ☆ I will post the remaining patterns one by one on Sunday. For your reference, you can check out my...
may find the support to before go long in long term...
*Stock has given a bullish Inverted H & S Pattern breakout on weekly chart & closing above neckline . *02 years long term trend line breakout already happened. *If we look at the volume part, significant volume activity is witnessed at the time of breakout. *Price has also trading all the important moving averages. *Considering all technical evidences we may see...
ALEMBICLTD cmp:106.35 on 28/12/2020 - BEST BUY @ 100.76 / 101.33 with SL 92.27 for trgt1/trgt2 as 115.22/124.28
MUTHOOTHFIN:- BUY AT 1234 FOR TARGET 1270/1285 SL 1210 (ASCENDING TRIANGEL BREAKOUT) #Disclaimer:-I just shared view for only educational purpose.
CAMS is a fresh enterant into the market which it's IPO opening up in October! It gave decent gains to the IPO investors but not sufficent enough as expected. Price fell from the IPO bell open and it's been under profit booking until last three weeks when it broke the IPO Open day high and the price has been rallying upwards. CAMS is a great business to own. As...
Buy #SBILIFE for the immediate target of 925 and target 2 of 993-998 (strong resistance/psychological resistance at 1000).
Invest your money into market on this auspicious occasion . the levels are given.
gloster ltd to play environment theme
* Consolidate near 0.5 Fibonacci ratio and Rounding Base Formation in bottom. * Buy above 64.00 with the SL of 48.00 Closing basis and the target is 73.00 and 110.00 . * Marksans Pharma is engaged in Business of Formulation of pharmaceutical products. *Company is almost debt free. * Debt/Equity - 0.03 * Market Cap - ₹ 2,376 Cr.
GOLD descending parallel pattern formation at day time frame - short
HappiestMinds has been one of the solid fundamental Small cap IT company which is poised to grow in the future. It failed to mark new highs post IPO due to its high PE valuations. After it consolidated for a few days forming a wedge pattern, it has given a good breakout. Target 1 will be the previous high and leave the rest for investment.
It has given a clear breakout of double bottom and also crossed 50 and 200 MA, it’s a huge target as no resistance nearby. It’s only buy, buy, buy.