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Rangebreakout

16 years high breakout in Royal Orchid Hotel16 years high as well as range breakout supported by Rounding bottom pattern breakout. If breakout candle it is supported by volume in weekly chart then it could be much more stronger. Stock has a potential to reach 440 level. All time high was 261, now that level is broken. For the further upside move stock has to close above 271 level with good candle and volume in a weekly chart. 235-250 Level must act as support now. Ideal Stop loss will be 210. This is just a view not a recommendation to trade. Do your own analysis before making any investment. Share your opinion in the comment section. NSE:ROHLTD
NSE:ROHLTDLong
by KaravaliTradingZone_Official
5
range breakout with engulf candle Some key points are mention in chart This was on bearish journey from last one year & right now accumulation is done in a range & prepared for fly . This is a range breakout.... Range is 15% How to enter-: > small range-- one should enter at breakout level(range like-4-8%) >Big range ---one should enter at lower level of range with very small SL (just below the range like 2-5% so that due to volatility no hunting of SL) Targets & SL-- 1st target -490(27%) 2nd target-550(45%) SL 1st - mid of range (15/2= 7.5%)= [1st target- 1:3.7,,2nd target-1:6} 2nd- low of range(15%) ={1st target-1:1.8, 2nd target - 1:3} Happy swing trading
NSE:ZYDUSLIFELong
by mahhisingh
Possible Zone Breakout in Jubilant IngreviaObserved possible zone breakout in Jubilant Ingrevia. Where stock was trading in a range for the past few months. Now we can see the price moving towards the upper range with significant volume support. Also, it has already broken the previous trend line with good volume. considering these price is expected to move upwards. Trade set-up 1) Can enter trade if price closes above 541 in daily chart. 2) Stop-loss can be at 464. 3) Possible targets are 609 & 648 This is not a recommendation. Do your analysis before investing. Please let me know your view on this trade in the comment
NSE:JUBLINGREALong
by SWING2TRADER
2
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalSHARDA CORP Recently Stock shown some good move and then Consolidating in a range from feb Volume almost dried up during consolidation. Also took support from 50DMA Now After Range breakout on chart above 585 levels again price retracing Could be a good bet to buy for targets of minimum 660 Keep watch list for Intraday also, use 5min chart for Target and Sl levels based on support and resistance Also Stock can be hold for midterm to longterm also ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow
NSE:SHARDACROPLong
by Jordan_n-