Confluence :
1.Weekly Bullish Flag pattern Breakout
2.Around 240 days consolidation breakout
3.Weekly Breakout with Bullish Momentum
4.Stock is uptrend in Monthly , Weekly and Day Time Frame
Good evening friends welcome keep the level of 1589 as make or break for the stock movement of 200+points is possible in two weeks. for detailed analysis kindly watch the video .
Regards.
NSE:COFFEEDAY
Stock has given a multiyear breakout at 65Rs with high volume which we can see in video. Such kind of Volume is happen 1st time after it got listing which indicate that we might see stock towards 90-95-100 along with support of 55. Momentum indicator is also just given a positive cross over.
Wonder Swing trade opportunity in Gandi tubes.
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The Rich Trader
Rohit Sharma
MTech IIT Guwahati
SunTeck Reality has given a Multiyear breakout from a 4-year consolidation zone.
The volume are above average. Weekly closing above 540 will be important to watch
Nifty View: Benchmark Nifty index shows good resilience with another 46 points positive close for the day's trade today. So far, we have five consecutive positive daily gains from the index throughout which the index has successfully posted a sequence of higher highs and higher lows. There is no doubt that the underlying trend is up and resilient, but a look at...
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Till then stay safe and trade safe.
Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.
Buying opportunity in J&K BANk
Good Risk to reward ratio keep an eye on and be patient in this choppy and downtrend market.
Buy with SL below the trendline on a closing basis.
The rally continues for the benchmark Nifty index as it gains another 157 points in today's trade to post a close at 18,241. A look at the last ten trading sessions, and we notice that eight of these have been positive closes - such has been the strength and resilience of this recent uptrend. Most sectors and heavyweight stocks have also participated in this...
