Possiblebreakout
ETH POSSIBLE UPTREND SIGN If it breaks upward trendline & makes a DOUBLE BUTTON; be alert that time cause it'll be going MOON
Or if break downward then be READY to SHORT . . . .
MINDTREE LOOKING The stock has respected the trendline support
Two possibilities
1.Breakdown from the trendline and downtrend continues
2.can take support at the trendline and move upside.
Always wait for the breakout and trade & wait for the candle to close
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Bhartiartl1.Formation of the symmetrical triangle
2.Rounding bottom pattern
3.fundamental news
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
BHARTIARTL BULLISH The stock has been consolidated for more than 13years keep an eye
Reason :
1. Result on 17 May 2021
2.Airtel beats Jio to add most active users for a third straight month(expecting good results )
3.Formation of ascending triangle pattern
ZEEL BREAKOUT FROM CHANNELKeep an eye on this stock
logic
1. Weekly trendline support
2.Channel breakout
3.Huge volumes
4. Very good R: R
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
INDUSTOWER symmetrical triangle The stock has been consolidating for more than a month (formation of the symmetrical triangle) wait for the breakout and take trade according to that
Note: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
SLTECH BULLISH CHANNELI'm expecting the price can hit the demand zone (211-209) and we can expect a rally after that wait for the trend to reverse or else wait for breakout or breakdown but ( personally, I'm expecting a bull run with the target 270++)
Note: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
COFORGE expanding channel We can expect a pullback and the demand zone can become a supply zone and stock can move upwards or else we can expect the range of 2800-2900
AMARAJABAT HARMONIC PATTERN Falling wedge and bullish harmonic risk player can enter now or else wait for a breakout with the target of 950++
TCS possible for break outRisk player can took long here or else wait for break out I'm expecting bullish because over all market in a uptrend and formation of triangle pattern with the target of 3200++
and the setup is very less risk and reward is very high
POSSIBLE BREAKOUT OVER CMP!!!Stock has given a crucial closing in today's session and has almost confirmed an inverse head and shoulders breakout on weekly charts. Stock can really show a big move from here as all the PSUs are going through rerating and this can be a very good play considering this rerating theme. A long position is recommended with respect to the levels mentioned on the charts.
PERFECT INVERSE HEAD AND SHOULDER, POSSIBLE BREAKOUT OVER CMP!!!Stock has completed the inverse head and shoulder pattern formation on a weekly chart and is ready to give a breakout if it breaches the current market price. Targets achievable from here will be 660, with a stop-loss of 420.
Hindalco: AnalysisKeep an eye on Hindalco it has possibly broken out from the range. Trading in this range since august. Best entry level should be above 180.00 level and SL must be below previous immediate swing. Calculate your own RR ratio and then trade.
