1. Respected 1st Cup and Handle
2. Formed Head and Shoulder inside 2nd Cup and Handle
3. Awaiting resistance line breakout with volume support. RSI is in good levels
4. Two possible outcome marked in blue arrow lines
4. Reported rise in net profit
5. Krishnapatnam Port purchase
6. Strictly for someone looking for long term investment. Could yield good results...
Equitas holdings has been forming a triangle pattern where 56.50 level has been acting as a strong resistance since late April.
Price tested the upper resistance zone of 56.50 around 3 times in late April, once in mid May and multiple times in the last week of June. Thus, making it a strong resistance. Further, in the lower side, price has been obtaining support...
NSE:ICICIPRULI Safe players can enter the trade on retracement with strict SL.....
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3. Learn before executing the trade..
4. Always wait for candle close..
5. To learn more about patterns and trading... contact us.. Thanks..
Stock has given a good bullish breakout supported by massive volumes and good RSI and relative strength.
-> 195 has been a good previous support. When it was breached, after a short correction stock has shown a quick v-shaped recovery and
consolidated again at its previous levels and has given a good breakout. Now if has to move up, 195...
escorts already triggered it's long trade. first target 820. second target 880 . third target 930. though it takes it time to reach the level. so buy at dip sell on rise... be careful ... stay at home stay safe happy trading..
CMI built up a Bottom on a Long lasting supportzone at 130$. Double (or tripple) Bottom finished with the break of the resist at 153$.
Profittarget is at 178$ which nearly perfectly fits to the Setup. Two factors support this target:
1. The Zone at 178$ was an old resistance
2. If you add the width of the range to the breakout Level than you will get the same...
Rain Industries - price corrected around 80% due to carbon price correction.
when a price is correct by 80% it is worthy taking a watch as an investor / long term traders.
As per TA, it is making a long falling wedge and most of the time wedge tend to break upside. So,
one can buy between 85-105 rs and sl below 85 for the target of high (480)...
CUMMINSIND is on a third day long steak with gain of 10% and a GAP UP opening.
GO LONG IN CASH MARKET ONLY. DO NOT RISK IN FNO
Buy at 746.85
Target 1 at 772
Target 2 at 824
Consult your financial adviser before investing.
LT has traded with volumes more than 6 times its average on NSE today with Total gain of 6.82% on closing basis. Stock is in Uptrend now with Gap-up opening today. Fresh Longs being built up today on LT.
Tomorrow will be an opportunity to enter the stock preferable around 1315 levels. I have mentioned an entry at 1317 with Stop-loss on closing basis below 1300...