given a good break out after a consolidation and there is nice price volume expansion.if the stock takes support at 4484 it will be my entry and stoploss is 4094
This is one of the beautiful flag pattern,tcs has given a breakout with good volume expansion.if the tcs takes support at 3421 and that will be my entry and stop-loss is 3215
The stock tested the breakout level after three and a half years but could not break it. But seems that is getting ready to take on it again!! Daily/Weekly/Monthly charts have completed the CUP formation and are onto the second leg i.e the handle formation. It seems worth keeping an eye on this stock, if it breaches the breakout level then this stock may see a new ATH.
SL 212 Target - 1st 286 2nd 357
This seems to be a textbook example of a Cup & Handle breakout. Look at the volumes drying up during the cup formation. And again the volumes were very low during the handle formation. Massive volumes being seen near the breakout area. Not much selling is coming in. This can explode from here to 85 then 95 (the next resistance points). SL: Depending on your risk...
Looks very good on volumes. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy...
Auto ancillary sector is headed higher. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 -...
NSE:BLS Current Market Price : 113.65 Bullish above 114 Level closing about 1 day Minimum, Target : 158 Stop Loss : 96.90 (1 day Minimum Closing Below this Level), Time Frame : Within 90 Trading sessions roughly as per Technical Analysis Principles. Logic behind this idea: (1) Rounding Bottom formation on daily chart, (2) Price Volume confirmation. ...
Sector on the move. The exceptionally high volume bars indicate this is gearing up for for a long run. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM....
Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the...
Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the...
Auto ancillary sector has started its move. Volumes coming in. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try...
Auto Ancilliary sector is showing good movement. Look out for follow up volumes. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many...
Profit booking has started in the metal sector. This will likely retrace/test the breakout area. Post the test, look for a bullish pattern on a lower time frame and go long. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly...
Suggested by @ravihit957 Closed on the high in a down week. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis). BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to...
Moving along with sector. SL: Depending on your risk appetite: Below Weekly Breakout Candle / 50% of weekly Breakout candle / Below Daily BO Candle. TGT: After a vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the...
Opened 5-6% Gap Up today, (earnings announced yesterday). Trading much higher. Showing exceptional strength in weak market. (2K Cr MCap.) SL: Below Breakout Candle. TGT: Breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL...
Agro Chem sector on fire. (However Global markets are weak. US bond yields chart has given a DTL BO.) Exercise caution. Let's see how it plays out for Indian markets. SL: Below Breakout Candle. TGT: Breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 -...