Indigo Is in the verge of breaking my Quant Box.In daily and 30 min chart, Indigo has shown a consolidation of COI . Which clears, if it breaks either side and stands then it might give a multi-range target.
Please check the chart where I have provided a short-term multi-range target. Another side of the wall of the Quant box will be the Stop Loss.
The traders can plan their trade with derivative products also as per their risk.
Standard Disclaimer: Please consultant your financial advisor before investing. This report is for training purpose
Quantbox
TATA Consumer ltd. Quant Box Breakout !This stock is bullish in the daily/weekly/monthly Chart and broken its high after nearly 1.5 months of consolidation. We need to wait to see that RSI should not create any divergence in its bullish move.
If the Stock breaks and stands above 720 level then the probable target will be 754/787/819 level in a short-term period.
If the Stock breaks and sits below 686 level then the probable target will be 655/622/589 level in a short-term period.
So trade safely.
Titan in its Breakout move-Quant box Titan is in its breakout zone in my quant box on the daily chart. RSI is filled with more of +ve Beta means if it breaks upward it will be good for the derivative traders but if it gives a breakout downwards then it will take time for the script to reach the given target rather it may go sideways because RSI will take time to gather negative +Beta.
MFI must take upward support of the diagonal trend line in the index chart.
So, One can get into a Derivative(Future +option) trade if it breaks and stands above 1746 on an EOD basis for the target of 1816/ 1885.
And, if it breaks down below 1678.50 once again EOD basis one can get into a short trade in the Derivative(future) for a target of 1610 /1541.