Stock has Given Multiyear Resistance Breakout Of Dec 02.12.2020 With Inverse Head Shoulder Pattern Confirmation . Buy :- 432/- Stop Loss :- 420/- T1 :- 450/- T2 :- 480/- Stock is trading in upward trend
This is the analysis of PURVA in Daily Time Frame. Watch carefully. The chart explains itself. The stock managed to break the 2 YEARS HIGH with volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks. There are some prediction levels. These Levels...
IIFL Securities Ltd has given a breakout on a weekly and a monthly time frame chart. It has a possible upside of 145,178. One can place a stop loss of 113 on a weekly closing basis. Also, good volume can be seen on monthly as well as weekly time frames. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must...
Puravankara Projects Limited (CMP: 182.45) has given a multi-year and weekly breakout. The stock has a possible upside of 215, 274, and 332 in the long run. Also, good volume can be seen on the weekly and monthly charts. One can place a stop loss of 158 (W) on a closing basis. 167-170 Can act as a support zone. #Puravankara Projects Limited. Disclaimer: I am not...
Stocks to Watch for Coming Week Subex - Cmp 39 - Breakout after 1.5 years - Volume Spurt - Support at 50 EMA Disclaimer - All information on this page is for educationaland learning purpose only. Not SEBI registered financial advisor. Please think twice before investing your money and do proper research before investing in Share market.
ADANIPORTS 1) Time Frame - Weekly. 2) 3 Years of consolidation breakout happened on 1st week of December 2023 & Now the stock has retraced its breakout point & consolidated 3 weeks & broken and closed today with a strong bullish weekly candle. 3) Recommendation - Strong Buy
GLAXO 1) Time Frame - Monthly. Kindly change the time frame to weekly for better understanding. 2) 13 Years of consolidation (Since 2010) broken & Closed strong in WEEKLY time frame. 3) Stock will find its strong resistance / profit booking zone at the primary trendline in the long term. 4) Recommendation - Strong Buy
BSE:SABOOSOD Company Infirmation Saboo Sodium Chloro Ltd. engages in the manufacturing and sale of salt. The firm also focuses on the hotel industry, FMCG and hospitality. It produces surya, saboo, and tota iodized salts. The company was founded on November 22, 1993 and is headquartered in Jaipur, India. Recent News 04- DEC -2023 Saboo Sodium Chloro...
SHIPPING CORPORATION OF INDIA (Monthly Chart ) Roaming into the 15 years long resistance zone of 172-175. Sustain above this zone will take it into the free sky Rising container freight charges are positive for the shipping companies. #technicals #StocksToBuy #stocks #StockMarkets #investing #Index #Nifty #nifty50 #observation #Breakout #BreakoutStock
The stock touched its all time high 198 in Sept/Oct 2017 and has been in downtrend since then largely trading below its 200EMA. The stock has formed multi-year Rounding Bottom pattern, with another minor rounding bottom inside it. The short term, intermediate and long term targets & major resistance levels are indicated in the chart.
GAIL has showcased a remarkable multi-year (16 years) breakout, establishing itself as a standout performer in the financial markets. This breakthrough is not merely a fleeting uptick but signifies a strategic ascent by successfully breaching key resistance levels that had acted as formidable barriers for 16 years. Worth noting - VOLUMES Surge: What sets this...
Aditya Birla Capital, AB Capital stock has seen huge correction (value erosion after IPO) from Yr 2017 upto Yr 2020, from the High of 255 to Low of 39 in the span of 3yrs. The stock rode the wave of bullish sentiments in the stock market after Covid19 and touched the high of 199 in July 2023. The stock is close to giving multi-year breakout (7yr) based on...
Sail Breaking out from its multiyear resistance trendline today in daily TF as well as todays is weekly closing also gives breakout conformation it looks very Bullish from this level good to hold above 125 for the view of longterm investment my view to this stock is 2x, 3x from this point also its outperform nifty500 index in weekly time frame Volume from past...
Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Broadening Pattern Breakout 📌 Symbol/Asset: SAIL 🔍 Description: SAIL has made Broadening pattern from 2011 to 2020 and given breakout of the pattern. Its a multiyear breakout and retest is also done. We can see huge upside and might see returns in 3 digit percentage numbers !! One need to just hold it for few...
Trading and investing are completely different in nature. In trading, we don't care about the prices whether it's fair or not. We buy high and sell even higher. But in investing, we should only buy a stock near its intrinsic value. No matter if everyone is making money except us. But, price which is justified by fundamentals are sustainable and proved...
Good Consolidation Breakout Looking on Charts CMP is 677 Here easy Target is 700-740-763
CMP is 2446 looking for big breakout Hold it for target of 2600-2800-3000 Forming Rounding Bottom 6 Year Consoliation Breakout
The analysis is done on Weekly TF ad well as on Monthly time frame for bigger picture. The price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. This is a continuation breakout chart. Pls check the monthly chart here - The above analysis is purely for educational purpose. Traders must do their own...