SUMMARY -look at the week chart of sbin -once a weekly close above 550 is achieved -positional trade opens up for 600-620-650 zone -banknifty breakout and will test new all-time high -diwali target again in sbin 620-650 -will update target -540 call option oi has seen 1.5m in short-covering -base is shifting higher DISCLAIMER *my views are not trade...
HSCL Daily View : Medium - Long term Bullish Range Bound : 657 Days Range-Bound Range : 39.25/42.05 - 60.55/63.90 View Bullish at 60.55 Findings: Broken Range above 63.90 (New high 65.40) and tested support of 60.55/58.70. Buy at 60 with stop loss 56.00 CMP 59.30 Target = 65 - 72 - 74 - 79 -85 +++++ for long term
NSE:VINATIORGA Structure : Range bound What is range bound market? Whenever a stock or index is trading between support and resistance it is called Range bound. There is no strong move in either direction. Prices tend to ping back and forth near old highs and then fall to prior lows. The range-bound movement usually occurs at the end of a large move as the...
Can go long, range break out + secotor look super strong , can easily achieve the given target in short term.
SUMMARY:- *after taking multiple support@200-sma reliance is now looking to break out of range *stock is above its hourly 200-sma *rangebreak and the same time *100-120 point upmove is expected *enter @cmp stop@2370 target@2480-2500-2520
SUMMARY:- *below 200-dma *one can wait for entry below 353 *head and shoulder formation break *below the trading zone of 363-423 *below demand zone of 360-363 DLF FUT SHORT@353(WAIT FOR IT) STOP@365 TARGET@332-325-318 *this view is my personal view trade with strict stoploss *once view may differ from others so trade with solid mind *once in profit and first...
SUMMARY:- *stock has broken crucial support of 1660 *next logical support@1540-1550 *result impact *day high as a stop and target can be revised on the downside
KIRLOSBROS | 12 years range breakout and retest - Investment CMP : 345 Taking as investment pick to hold few years based on this monthly range breakout.
Simple 13 year old consolidation with high volumes. Stocks give multibagger returns after breakout of such long consolidation. Longer the consolidation more powerful is the breakout. Below is Weekly chart. Perfect high volume breakout bar & Retest. Never miss out on such setups!
Aarti Industries has broke its range of almost two months with good volume .It might move up from here .keep Sl of 880 .
details have been given on the chart. fundamentals look sound please follow that comment your queries
One can scalp either ways where it breaks. For Educational Purpose Only
Stock is consolidating in a narrow range. All chemical stocks have moved, move is pending here. Formed a morning star pattern on lower end of the range. Volumes have picked up. Higher High Higher Low formation visible on larger charts
1.5 month range formed. Yesterday tried to get out of it but failed. Still hovering at the higher end of the range. Even can give good intraday day move. Mother/master candle strategy on weekly.
All observations on charts. Stock continuously making higher high higher lows. Good healthy uptrend preceding the consolidation. Entry for safe traders as marked on chart. Entry for aggressive/breakout traders till it sustains above dotted line at 3145. Cup and handle is also forming. Check below. Not good at trading pattern & I don't trade it either. haha!
Nifty is stuck in a range since 18 March 20. On 8th March tried to break the range on upside but the attempt was rejected. Within next 2 sessions Nifty touched the lower end. Lower end is also the lower range of the gap that was created during the budget move After 12th March Nifty took support on lower end. of the range. If you observe it took 3 sessions to...
TATA MOTORS COOKING BIG ON THE UPSIDE MOMENTUM TRADE IN TATA MOTORS BUY@313.75 STOP@306 TARGET-1@320 TARGET-2@327 TARGET-3@335 QTY=5700
SHORT@6010-20 STOP@6215 TARGET-1@5800 TARGET-2@5700 TARGET-3@5600 QTY=125/250 -2 MONTH RANGE BREAK ON 1 HR CHART CONFIRMED -650 RANGE POINTS -TO BE TAKEN FOR POSITIONAL TRADE -ONE CAN OPT FOR OPTION 5800 PUT OPTION TRADE BUY@150-160 STOP@90 TARGET@250 QTY=250