YESBANK is stuck in a ascending channel for 6 months now. It has also tried to break the upside on 18.6 but failed to do so effectively. Bounce is expected from support. Also poised to break inverted H&S when crosses 18.6 with good volume.
CNXIT: NIFTY IT has broken the channel on the upside in which it was stuck for last 1.5 years. High RSI. Time to invest in IT now.
WEST COAST PAPER (WSTCSTPAPR) is breaking out of a 1 year large channel or large cup. Breakout retested support line and bounced back. High volume. High RSI. Hits All time high as well
NIFTYMIDSML400 has formed parallel and what we saw recently was just the trailer. we still have big bull waiting for us. 12300-12000 may be good warning if this pattern could fail. It may still take 3 year for index to reach upper edge of the parallel channel
Pattern : Channel, Support/Resistance. Range : Medium Trend strength : Normal Buy Above : 45120. Stop Loss : 45020 Targets : 45200, 45280, 45400 and 45480. Sell below : 44900. Stop Loss : 44980. Targets : 44820, 44740, 44660 and 44540. Check the live market updates. Hit the like button to rock !! Note : This is my pre market analysis and my trading journal. Not...
Breakout possible between June to July..
INFY | High probable and relatively a safe stock to take for 30% move CMP : 1469 SL : 1350 Target : 2000 Almost 1:4 risk reward setup
BATAINDIA | Similar channel breakout like INFY - Looks good for 25-30% CMP : 1723 SL : 1580 Target : 2200 1:3 risk reward setup
1:1.5 trade ,as you can see its weekly chart, channel brakeout. For educational purpose only!
parallel channel in indusindbk looking good. fresh BO at this level it may try to test the upper edge of the channel
Avoid the noise follow the price. on weekly basis its been in parallel channel past 52 weeks.
Keep watch for Inverted H&S breakout for 750+ target's.
NSE:DIXON seems ready for next big move as on weekly scale it has completed it's wedge pattern and already breakout happened for 40% now second entry comes now as it has now given breakout from channel (better visible on daily time frame). Next, at least 40%, move is quite clear. Note: Government ban over import of related goods could possible accelerate...
PATTERN- The stock has consolidated for very and followed a channel since few weeks which is also range bound trading also on larger scale it has formed a descending traingle which is a bearish pattern but it can act as reversal on other side as well which is quite evident in infosys TARGET- Imeediate target can be 1640 and further breakout from there can give...
Indigo Paints Ltd , Small cap Share,..........(be cautious ,trade as per your risk) On Jun 23rd Golden crossover happened. Good one for short term and long term............
JUBLFOOD has given BO from parallel channel and retest the BO now it the time for bulls to taste the success
metropolis broke above descending channel pattern on hourly charts with decent oi as well trading above VWAP. Could be bought with mentioned stoploss & target.
Hi, An inverted Head and Shoulder pattern is emerged on the Daily Chart of NSE:KCP with good volume. One can create a fresh position in the scrip at 115 with SL of Rs. 105 on closing basis for 1st traget of 125 and 2nd target of 235. The risk to reward ratio is 1:2 Exit the position if the stop loss is triggered on DCB. DO YOU WANT ALL MY RESEARCH FOR FREE...