HDFC has given a breakout from falling wedge and has been taking support from 50 EMA . Even after the falling wedge breakout, 2605 seems to be a rejection region where one or two gap up openings could not sustain. A closing above 2605 with good volume can be traded for a swing or positional trade for first target of 2768 and second target of 2888. Some good...
Hindustan Copper had given a breakout after forming a VCP.. Now, it's pulled back and is reversing. It has broken the upper trend line on the 75 min. chart. Offers a good, low risk entry option at this level.
Apcotex had posted fantastic results and the stock made a significant move. Now it has cooled down a bit and the price is appearing to be making a successful, simple pullback at around 23.6% Fib retracement.
25/5/21 (BUY ON DIP) - Took support from 200 EMA (watch closely) - VOL flat (shows range has formed) - In the range, VOL is more in the up-move (slight advantage) - Wait for decisive close above 1820 - Sell below 1680 on closing basis - RSI inside triangle - CAN SPEND SOME MORE TIME IN RANGE (buy on lower level suggested) *Will again post chart when break accours
All Details On Chart SL would be below horizontal support Target dynamic
CEATLTD | Trendline Support + RSI divergence + 200 EMA + Pivot Support CMP : 1298 SL : 1170 Target : 1650 1:4+ risk reward setup
This is an hourly time frame of CANARA BANK showing the clear breakdown of the trendline and today it also retested and started the continuation towards the downside. So it can be a good fall for upcoming days in Canara Bank. Please like the post if you agree with my idea.
Bullish above 426 today close Target : 437, 472, 526 SL: 375 Risk is yours and Reward is too yours totally
* This stock Pullback after breakout with low volume and also promoter buying 62 lakhs share average price of 118 to 120.00
ALL DETAILS ON CHARTS ONE OF MY FAVOURITE SETUPS
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
Using the concept of Support and Resistance one can understand the chart. Additionally, RSI going above 60 with some good volumes suggest the buyers interest in the stock, once can enter with a positional target of 800 - 900.
Target levels: 160-163 and 180, Entry price : 150 - 152. Duration : 15-20 Days, Stoploss :144
ACC : daily chart upward channel consolidation breakout with retest done ready for big move keep it on radar
Analysis mentioned on chart
Hindustan Unilever #HUL Expecting some pullback(ideal entry around 2216 in this case) If 2456 resistance breaks then wait for a retest of support