Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
#RATNAMANI trading above Resistance of 3167
Next Resistance is at 4803
Support is at 2131
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
CMP: 2288
- Low volume stock
- Trading near All Time High region (2335)
- FIIs & DIIs have increased their stake in the last few quarters
- QoQ Increasing sales
Traingle Breakout & Channel (maroon) Breakout however part of the bigger channel (orange)
Self Explanatory after the breakout as indicated. Let's just watch which arrow path does it take for flying?
Stop loss based on your risk appetite, but should be mandatory.
Massive consolidation pattern in ratnamani on daily time frame. We could get a massive rally coming in this one. Will be an excellent buy on the pull back.
