- Ascending Triangle pattern breakout with the promising volume on the breakout candle - Stop-loss is placed at 3% of the prices below the breakout level - Risk to Reward ratio is attractive -Width of the triangle is projected as the target - Scaling out can be followed
CMP-61.5 SL- 49 (logical and psychological level) TARGET - 83, 120 1st breakout was sold into, this time broke with excellent volume and good delivery percentage Can enter now with half quantity and add more around 59-60 levels
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
>only initiate buy position after breakout above the drawn line for some easy bucks
>Breakout from a range and retest of 20EMA with 50% fib retracement forming a flag pattern >buy trade can be initiated between 14-13 for 15% minimum upside with a stoploss of 11.85
>Breakout from a channel and retest of 20EMA with 50% fib retracement forming a flag pattern >A buy trade can be initiated between 26.5 to 28 for at least 20% potential upside in short term with a stoploss of 24.5 >Favorable risk reward ratio of almost 5
Deepak nitrite recently breakout through the Resistance zone. You can clearly see in the chart. I have marked two zones Resistance zone and Support zone. Since one month stock was trading in between these two zone. CMP : 1882.35 Positive Points: Today it breakout with a great amount of volume. Todays volume was above the moving average of volume of 20...
Positional & Investment Pick !!
great fundamental pick came across it because of a few custom fundamental screens on screener Business looking really good industrial tailwinds likely present because the shole sector seems to be doing well. target and stop loss is thereon the long position graphically present on the chart
✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ I post Good and potential trading ideas on daily basis on this page of mine :) ✺✺ Target: 1000 Followers ✺✺ $ Chart type: symmetrical triangle, Let it break for the above and close on a daily basis, if the risk to reward of your setup matches with your appetite then go long, also do use your setup...
✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ I post Good and potential trading ideas on daily basis on this page of mine :) ✺✺ Target: 1000 Followers ✺✺ Chart Reading: So as you can see its taking heavy support from below and there is a good trendline above, conviction can be generated for a possible swing trade when it breaks the above...
ABFRL ready for a short term positional trade for target price 241. Confirmations: Morning star candlestick pattern : Its a bullish trend reversal pattern having very good result when occurs in a down move or a down trend. Breakout : Symmetric triangle pattern breakout with a Large bullish candle. Volume : Volume at breakout candle is above the volume...
Positional Pick !! The Stock is at life time high supported by historically best numbers posted by the company in the March Quarter. I still sense a lot more upside. Don't Miss the move.
Positional Pick !! Clear Trend Reversal on charts with Inverse Head and Shoulder Pattern on daily charts. Price clearly breaking the resistance with good volume. Inverse Head and Shoulder can also be seen on Monthly Charts. So can breakout soon on longer time frame as well. Can turn out to be a goof investment after monthly breakout.
Positional & Investment Pick !! Don't Miss it, expecting some sharp move from here. Very good fundamentals with excellent quarterly results.
DLF Ltd. was initially facing resistance around 291-294. it came out of it's consolidation mode on 3rd June and gave a breakout... Seems the stock has pretty much sustained above it's resistance zone.. Good upside can be expected above 303 All the moving averages giving Bullish signal along with RSI and MACD. Buy : above 303 Target 1 : 315-316 Target 2 :...
CMP- 1021 SL- 929 Target- 1133 19/5/21 - EMA's positive, major support from 100EMA - Respecting long term trendline (bounce from trendline) - Respecting 100EMA - can test ATH - 1:1 RR only educational purpose
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel...