ORIENT GREEN POWER CO LTD- DAILY CHART 1. Trendline breakout seen on daily chart recently 2. Triangle pattern breakout also can seen on chart 3. Double bottom formation seen, where both double bottom candles are hammer candle, 4. After hammer candle last closing candle is bullish green which confirm double bottom and trend reversal to bullish 5. wave trend also...
#ORIENT BELL All the details are mentioned on the chart.
In the monthly chart view, orient cement's next target is looking 117.55 which is the next resistance of the ongoing up move. But weekly is showing the next target is 120, will take a long time than monthly chart and daily chart is in consolidation so we have to wait for the breakout. Disclaimer - These are my personal views. Don't trade on behalf of my views....
THE ORIENT ELECTRIC IS GOOD FUNDAMENTAL STOCK. IT IS CURRENTLY TRADING AT ITS SUPPORT LEVELS. IT'S GIVE A HAMMER PATTERN IS BULLISH REVERSAL CANDLESTICK PATTEN. SO NOW TIME TO BUY ORIENT ELECTRIC. TARGET IS 300 ; 330 ; 350. STOP LOSS IS 255. NOTE:- THIS TARGET IS FOR SHORT TERM ( 2 DAYS TO 3 MONTHS ).
Buy At Cmp 298.9 Strict SL - 239 (WCB) Target - 425+++
Look fresh in range 19-20 for upside 24-28 with SL 16..!!!
Look fresh near 20.50 to 21.50 for upside 28 levels with stop loss 18.. refer chart for details.
ORIENTELEC (Orient Electric Ltd) BUY ABOVE 146
Trade Levels Position - Long Entry - 320 Targets - 329 / 338 Stop loss - 308