#CHANNEL BREAKOUT #HEALTHCARE TECH SECTOR # BEST STOCK FOR LONG TERM INVESTMENT
This stock is now ready to become rocket after breakout now pullback completed bounce from its important support level Thats why i am bullish in this stock
target for 66000 usd for long term and short tarm target 65000 happy traders
this is the time to buy banks as bullish engulfing has made on charts also nifty had take support on 40RSI and RSnifty200 have supported.
ITC is trading in a triangle pattern. There is a possibility of breakout in the coming trading sessions. It can be a positional trade for a target of 226.
CONCOR is making a triangle pattern in 1H timeframe. Possible breakout and a positional trade for a target of 636.
BIOCON is at resistance in 1H timeframe. If it gives a breakout will take a posiitonal trade for a target of 440.
ADANIPORTS forming triangle pattern in 1H timeframe. If it gives a breakout tomorrow can be a good positional trade.
NIFTY in a triangle pattern in 1W timeframe. Coming week is crucial as we can either see a breakout or breakdown. Looking at the chart, the chances are more for a breakout therefore I'm bullish on nifty for the coming 1-2 weeks and will be looking to search for positional trades.
Tata Consumer is forming an ascending wedge pattern and is likely to breakout above 680. Looking good for a short term target of 740-750.
Price closed above the resistance strong last week which indicates the up movement. 2650 will be the target.
BHEL FLAG PATTERN BREACKOUT TACK THE TRADE WITH SL 49 FOR TERGET 55 AND 61 RTOR IS 1:2
Possible wave 4 termination around 1400 levels and then start for wave 5 for around 1700 levels. SL below 1360 closing basis
We can see that Gold is forming bullish channel on daily and consolidating in it. Not good for equities. Important levels mentioned on chart.