BUY apollo hospitals as it has given good breakout of the trendline after downtrend with minimum 1:2 target,buy only if it crosses breakout candle high above
Trend line breakout and retest ,
Sharekhan is bullish on Tata Consultancy Services
has recommended buy rating on the stock with a target price of Rs 3650
There are 3 phases technical of line drawn. The price is bouncing number of times at those lines. The 2 phases of line are very closer to current price where can react as reversal in price.
1-Phase Horizontal-line at 18364: Currently, the price is already reacted at this phase .
2-Phase Horizontal-line at 18174: This phase more important for reversal...
Trade stratergy:
Hr retracement done + 15 Min tf trend line formation and head and shoulder pattern formation. when market broken the trend line then enter the trade.
BUY 1989 TO 1335
TARGET 1546
Reason For Buying This Script :
In weekly time frame it broken the resistance line , Now it is in retest moment .
Retest moment up to 1335.
Once it cross 1564 in weekly time frame & it should close 1564 means means next target up to 1745 to 2025
Note :
Above given levels are based on weekly time frame so it may take some days...
trade setup based on:
support area or demand zone
trend-line-breakout strategy
Note:
Its just my point of view, Please recheck and enter the trade with proper risk management.
JUBILANT INGREVIA.DAILY LINE CHART
STUDY AND INVEST ,not a buy recommendation
CHART LOOKS GOOD,
CURRENTLY STOCK PRICE respecting the trendline beautifully After a breakout from consolidation, .STUDY THE FUNDAMENTALS ,Watch concalls and investor presentation for more idea about future plans of the company,
