If it breaks the trendline go for long tgt=1:3 + follow me for more Fuckouts/breakout☺☻♥
check this fuck out...follow me for more fuckout/breokouts
This Analysis Is Done Only For Educational Purpose, Never Invest Or Trade based on this. I have all the rights to be wrong on my views :) -TraderMonk
Ashokleyland broke a very significant structure after a very long time. It is near 200 days moving average also. Watchout for Long opportunities. If it manages to stay above 57 then one can initiate long position.
Petronet LNG Ltd had formed 3-Bar bullish pattern which usually happens before strong swing moves. Expect good positional up move in this stock with first entry above 239.45 with SL of 231.90 & swing target of 10% and above. Stock had also broken trend line resistance in 30min charts & given second entry above 244.80. Buy with a initial target of 259.
Consolidation taking place in RELIANCE in 2100 - 2160 range. Adjsuted Gross Revenue dues news slated for Friday should boost RELIANCE (a.k.a) Jio dominance based upon the other telecom players BHARTI AIRTEL LTD and VODAFONE IDEA LTD
We can clearly see the flag pattern breakout. If market is negative, IT sector will move up and this can go further.
This has given a range breakout. I feel this can go upto 280 in near future.
The breakout occurred then it took support on the earlier resistance and is again gaining momentum. It can breakout tomorrow.
First support line is S1 at 1040 points second support line is S2 at 977 points. this is just a temporary fall, no need to panic, result is just based on Q1 . As the pandemic comes under control Quarter results gets better. buy at dips. hold is the call for now.
This had given a triangle pattern breakout and has come to the earlier resistance as support for first time and formed a green candle. This can be good buy opportunity.
Wait for the breakout to happen. Enter and catch the move. TATACONSUM gave investors a 150% return. Traders could catch atleast some movement of it. 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.
This chart shows the AMBUJACEM - POWERFULL RANGE CONSOLIDATION between 219 - 255 You can look for buying opportunities above 219 . Target can be set to 225 . Stop Loss can be below 218 . Beware : Please keep in mind and stay away from False Movements Also this is not any recommendation. Trade at your own risk.