After consolidating for 9-10 weeks LTI had given a breakout and now have retested again on the same point of breakout. Can go long for the this month. On smaller time frame of 1hr according to MACD histogram the sellers are now exhausted thus buying can be seen.
Sentiment: Bullish From these levels the stock can show the targets of 3327 Analysis: 1. Bollinger Bands are squeezed and the breakout of the upper band. 2. Rsi is above 60. 3. Macd is bullish crossover.
HEY HI HUYS i see birla corp breaking out from longawaited triangular pattern ,its good to take on long ,only if you see the analysis also,it is only educational purpose ,i am not a sebi registered of professional financier ,take risk management
From past one year stock was trading in a channel and finally it has managed to close above this channel. Breakout happened on 19th Aug, today price have closed above breakout candle indicating a strong upside momentum in the stock. Price level of 270-260 should act as immediate support. All possible targets are marked on the chart. Ideal Stop loss can be at...
VAIBHAV GLOBAL LTD. has given a Breakout of the previous two-month consolidation price with a high volume, VAIBHAVGBL Looks Bullish for Short Term on Daily Charts and we expect to see Rs. 365 - 374 levels in the coming months. Stoploss placed below @ Rs. 306 NSE:VAIBHAVGBL
Cup and handle Breakout in LG Balakrishna & Bros weekly chart. Stock has given breakout from its cup and handle pattern. For pattern confirmation price has to close above 755 in weekly chart. 730-680 levels should act as strong support if the price is coming for the retest. For further strong up move, price has to close above 775. All possible targets are...
ITC broke the trend line with high volumes. *It has been in uptrend without a proper correction for uite a long time. For Intraday can short ITC @cmp:327 - 328 with a Stop loss of 332. If the trade goes in our way Targets will be *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by...
Channel breakout in Exide Industries Stock has broken its previous major resistance with significant volume. Also, we can observe a Inverted Head and shoulder breakout in hourly time frame. For further strong momentum in the stock, price has to close above 174 in daily chart. Price between 165-170 is a good range to enter the trade. Stop loss can be placed at...
Expecting BTC to bounce from this level. OBV is at support. MACD showing reversal sign.
NSE:OFSS is nearing triangle breakout Entry : Conservative traders, wait for breakout with volume above average and then take position. For small SL, enter on strong close above 3180 Exit : When the setup is invalidated by false breakout, or strong close below the triangle's support line Target : 4200, giving around 32% returns from current price of 3147.70....
Can buy at CMP - 80.55 RSI has given a breakout above 60 on monthly charts, with good Volume, Stock can easily achieve target of 100+ in coming 3-6 months
Buy SterlingTools at 271-273 Stop Loss 220-215 (Closing Basis) Tgt - 375 ….. 430++ Setup - RSI Above - 60
16 years high as well as range breakout supported by Rounding bottom pattern breakout. If breakout candle it is supported by volume in weekly chart then it could be much more stronger. Stock has a potential to reach 440 level. All time high was 261, now that level is broken. For the further upside move stock has to close above 271 level with good candle and...
W Pattern on Daily Chart T1- 1644 T2- 1671 Can move further up so trail after 1671
Today I am expecting a short term trade in sun tv. The following factors tends me to take out this trade. 1. Trendline breakout 2. Positive OI builtup 3. Increasing Volumes. I am expecting a profit of 20 points from this trade and I would like to keep a SL at below trend line closing. Please consider this idea for educational purpose.
Setup Contains: 1. Stop Hunt (Sell Side Liquidity) 2. Multiple Bullish Structural Break 3. Expecting Return to Premium POI FOLLOW PAFX & TRADE LIKE BANKS 💸
The stock trading at crucial level if its break the resistance 322 EOD Then we can initiate a good move in this stock wait for clossing EOD If stock breaks the level then it is good stock to buy for both time frame DTW & WTW Always follow Your R:R Ratio HAPPY TRADING
There is a specific indicator that is giving a high probability of UP^ move today after yesterday's closing. Expect 9-10% move today. Disclaimer: Consult your financial adviser before investing. Note: I am not a financial adviser. Conclusion: You are responsible for your own trades! 🥂 Cheers! 🥂