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,
BUY : 37 TO 35
TARGET : 55 TO 58
Reason For Buying This Script :
In this script after 4 years down trend line was broken & also it has retested in monthly time frame . It shows positive moment.
Don't miss this moment.
Note:
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL...
It's the right time to enter the trade long! It has given a good breakout through the trend line and as well as the 20 SMMA. and we can also spot a bullish divergence which makes our entry more reliable.
We can short Axisbank if the RSI Breaks the trend line for a target levels as mentioned in the chart. If the stock breaches the resistance, it will fly high. Always keep stoploss.
Share your valuable feedback.
Disclaimer : Do your own analysis before taking any trade. This view is for educational purposes only
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...
Simple trend line analysis for Alembic ltd. cleary showing bullish trend so this is a very good buy opportunity.
Buy at - 109
Stop loss - 98
Target - 130
Note:- (only for education purpose and demo trading)
ACC Ltd – Stock Review (Neutral)
ACC Ltd gave a small rally from 940 level, however prices failed to sustain above resistance level of 1216. From last few days, prices are range bound and has been moving in a range of 1101 to 1206. Even today, the stock witnessed selling from its resistance trend line & closed just below it. The overall trend for ACC Ltd still...
