Skipper ltd, this stock is looking in good momentum on daily, weekly, and on monthly too, along with cup and handle chart pattern breakout along with good intensity of volumes too, also wave structure is suggesting bullish bias at the same time, one can go long at current levels and can add more in dips (if any), overall, its looking good candidate for longs....
JKTYRE showing signs of a breakout. Testing the trendline multiple times now. Last 2 days there is good volume.
Entry - Close above 176.10
Target 1 - 186.75
Target 2 - 197.65
SL - 164.50
Study the stock & Trade Responsibly.
Big Range Trendline Breakout
Rally will start upside (Target 2x)
Big Rally Expecting in 3 Months
ADX 25+ ( Momentum Indicator)
Positive RSI 80+ on weekly time frame
Big Spurt in Volume
Keep on radar
Chart Summary:
➤ Classic support and resistance flip (Resistance will now act as support)
➤ Impulsive break of an important level
➤ Break from a range ( Darvas Box )
➤ Fib 50% to 62% can be a great entry zone
Keep it simple <3
Disclaimer: Not investment advice. The post is meant for learning purposes only.
NSE:DLF
#NSE:DLF formed Descending triangle, TL, Cup & Handle BO.
Descending Triangle BO is too perfect, stock move up from downwards and Trend line tried to break 4 times and given BO candle closure for 5th time.
Adding to that a beautiful #Cupandhandle pattern.
SL marked for practice, Target open.
NSE:GLENMARK
#NSE:GLENMARK formed Beautiful symmentrical triable and given BO.
Sustaining above trendline/400, may show very good momentum.
SL for safe players can mark 383.
Target Open.
*Only for Practice.
NSE:ZYDUSLIFE
#NSE:ZYDUSLIFE T3 Updated, shared @ 367 and now reached T2 @ 399 which is exactly 9% from the level.
400 CE given @ 1.7 and now trading @ 8.25 means bagged 12k/Lot.
Now stock trading in supply zone and chances to retrace immediately or from T3.
Don’t forget to trail your profits.
BSE:ULTRAMAR
#BSE:ULTRAMAR given multiple confirmations with high Volumes....
#Trendline BO
#Resistance BO
#CupandHandle
#Headandshoulder inverted.
T: 418, 475+
SL: Resistance/TL.
If you like the analysis, pls reply in comment, with your replies only will share the next chart here.
Expecting atleast 50 replies to post next chart.
No point in sharing the...
Autosector as such is bullish.TVS motor showing a major breakout green bullish candle on weekly charts taking away a 2017 multi year resistance. Momentum & Trend indicator are bullish & rising n both daily and weekly charts.Keeping stop loss below neckline candle low & entry above alert candle high could give good risk reward swing trade opportunities.
NSE:ONGC
#NSE:ONGC formed beautiful ascending triangle and good above 146, opened with good volume and consolidating now,
BO sustainability may give good momentum in stock, safe side marked support level.
Happy LEarning !!
NSE:COALINDIA
#NSE:COALINDIA BO Resistance, Post sustainability chances to zoom
Levels marked for practice.
Check out the other levels shared.
Happy LEarning
