Aartind has been falling since 149 days and has reached its previous long term support and has formed a beautiful bear trap.
Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume
trapping sellers and has broken the falling trednline
STOP LOSS: below the trap
Traget: 707.75
reliance has been falling since 74 days and has reached its previous long term support and has formed a beautiful bear trap.
Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume
trapping sellers and has broken the falling trednline
STOP LOSS: below the trap
Target: green line
Delta Corp Limited, previously known as Arrow Webtex Ltd., is an Indian gaming and hospitality corporation that owns and operates casinos and hotels under several brands. It is engaged in casino gaming, with the majority of its offshore casinos in Panaji, Goa.
After a rounding bottom breakout from 465-70 levels, it has tested 533-40 range and even done multiple retests.
Targets of 533-550-585 on daily charts and even higher targets of 585- 640- 695 possible after breakout from 585 levels.
SL can be around 460 for now but use trailing SL for positional trades.
Rounding bottom + flag + retest.
This may take some time but can give a very good upmove till 429-492-538-603 levels.
Sl can be the flag retested trendline.
NSE:LICHSGFIN
There's a trendline which acts as support for the stock in 1 hour time frame, chances are that it might take support at the trendline again, if that happens we can take a short term entry on the stock and hold it till it reaches 143 levels as there is a resistance. If the price doesn't go back to the trendline to take support instead moves up and a...
Broken long tern trendline, can it regain it?
Will reliance take support on the neckline or break it?
RSI on hourly chart shows positive divergence
I think it will bounce from here or will it take nifty to lower levels along with it.
Can be weak after a close below 2285
Stay tuned
Hello Traders keep Granules on radar ....
Granules makes a Rounding Bottom pattern on a daily chart.
If it gives a breakout of 326.10 and holds it strongly.
Then we will see the levels of 362.20, a move of more than 11%.
362.20 is a Resistance on the weekly chart.
Happy Trading
Stock has given breakout from its cup and handle pattern with good volume in Daily time frame.
If stock is coming for retest its previous resistance of 540-530 should act as immediate support. For further upside movement, stock has to close above 557.
All the possible targets are marked on the chart. Maintain strict stop loss at 490.
This is just a view, not...
Long Candidate With Strong Weekly Candle with Volume.
Since price bounced already better to buy upon retracement at 385. or after strong closing above 514.
Short to Long term traders accumulate more at 294 /289.
More view in the charts.
