-Cup and Handle Pattern
-Increasing volumes
-Increased Revenue and Profit
-Increasing Market Share
-Net Income higher than industry
-New acquisitions by company
Buy once close above 800
Target1- 872
Target2- 920
Target3- 970
SL - 760
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is...
Today Narrow CPR has formed and whenever
narrow CPR formed then most of time market
is trending. This was 1st conviction to trade
breakouts/breakdowns.
The 2nd conviction to sell was that price opened
below40500 PSY level and rejected twice from it.
So after breakdown entry should be triggered.
Observations on the Chart.
A Triangle being formed in the chart of NSE:NIFTY indicates Bulllish Movement is around the corner.
Expecting a breakout from the channel in weeks to come.
14000 is a support which will be tested this week (12-16April).
If it remains around psychological level of 14000 on closing, there is a good chance of Bulls to...
Ashok Leyland has been hovering around 100 zone for a while now. In fact it's a long term support/resistance zone and a psychological number as well. Looks like the stock has finally broken out of the 100 zone with volume. Long trade can be initiated with stop on closing below 100.
Review of last Idea
Plan A – achieved 80-90 points as discussed in the trading strategy of last video idea.
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Power of M can be experienced in various forms. One of such form was visible in current structure in...
