Pennant chart pattern breakout with volume , looks good in long term with stop loss of 516.
1st target 575
2nd Target 595
3rd target 620+
Its my personal observation do investment after consulting your financial advisor.
Please like & comment to motivate.
Happy investing :)
Stock gave a breakout a few weeks back and has been consolidating over the marubozu (breakout candle) from a decent time, has given a good weekly closing and the candle looks good, it has possibly bottomed out. Can go long with a stop-loss of 287 for the short term targets of 340 and 380.
On weekly charts Naukri formed Double Bottom and is ready to come out of its consolidation. Its dangerously poised for a Big Leap in coming days and months after breakout. This is a long term bullish pattern and for taking positions for a minimum of 6 months to 12 months period. Targets are much higher
IDEA is currently trading in channel and recently made a higher low, so we will try to trade for the higher high by initiating a long trade above @ 8.75 with StopLoss below @ 8.
1. After 2 years of Downtrend, Stock is finally gaining bullish momentum.
2. Has broken 424 level of Resistance.
3. Volume is good.
4. Golden crossover of 50-200 EMA in coming weeks.
Wait for Retest, take entry while keeping 20 or 31 EMA as Stop loss.
This is for Educational purpose only.
Stock have been in a Channel from Jan 20 , while having 3 Resistance and support level in weekly time frame. From the above chart can be concluded that price breaks 690 levels that Stock will go in uptrend.
For educational purpose only.
A great apportunity to buy the cipla. The market has been cross the trend and retested the trend. The market has obeyed trend line and moved upside↗️. So there is the chance of market to move till 950-1000. So don't miss the chance.
DCMSHRIAM Looking bullish on chart
Kindly follow my page for or Entry/Target1/T2/T3 and SL
Note: Only for educational purpose::Kindly consult your financial advisor before taking any trade.
VRME is a technology solutions provider specializing in brand protection functions such as counterfeit prevention, authentication, serialization, data mining, and track and trace features for labels, packaging and products, is pleased to announce that it has been notified that its business with a Forbes Top 50 Private Company that sells nutrition, personal care,...
