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KotakBank consolidating from one year will it give Breakout ? KotakBank consolidating from Dec 2021 to Nov 2022 The range of consolidation is 1625 to 1975, Bank Nifty moved in range of 10000 to 12000 point in last one year. Bank Nifty moved 10000 point since Jun 2022. The move lead by ICICI Bank, Axis Bank, SBI , HDFC Bank and Along with PSU BANK Kotak Bank and Indusind Bank has not moved in rally, So when Index start correcting I expect Kotak Bank and Indusind Bank will help fall of bank nifty. Buy Kotak Bank Above 1980 Target1 2040 Target2 2100 Target3 2200 SL 1880 Consolidating in zone Tested zone of 1950-2000 more than 8 times so if gives breakout that will healthy breakout. Global cue should support market direction
NSE:KOTAKBANK
by pramodchoudhari
Vinati Orgncs: Gearing Up for big move.Vinati Organics has been consolidating for 2 years in a unique supply-demand conversion zone. In the first year, it traded in a rectangle pattern, making higher highs. Later, it underwent a trend reversal, forming a triangular pattern with lower highs. Throughout this period, it held one support level, as its visible from chart. Today, it made a good move and retested its resistance. If it breaks its trend line with volume tomorrow, it could be an excellent opportunity to add some positions. The chemical sector has been going through a correction phase, but now it seems promising to invest in. We can take a long position in this stock with a potential target of at least 20%. To manage risk, we'll set a reasonable stop loss of 15% Buy-1960 Target- 2350 StopLoss- 1650 If your thought also aligns with this analysis do consider boosting this. Note- Do your own Analysis before investing.
NSE:VINATIORGALong
by BullishLine
2
Thomas Cook : Swing Trade / Momentum Trade#thomascook #swingtrade #momentumtrade #breakouttraade #swingtrading 📌 Thomas Cook : Range Breakout Swing Trade / Momentum stock >> Bullish structure along with Volume contraction seen on charts >> Good strength in stock >> Wait for Levels to break Swing traders can lock thier profits at 10% and keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:THOMASCOOK
by moneyfesttrading
Breakout in MMTC.NMTC was stuck in a downward rectangular pattern for over 2 years, with lower highs and lower lows. Now, it's trading at a 40% discount. But in the last 4 months, it started going up, breaking out of the pattern. However, it's now in a smaller rectangle outside the breakout point. We need to wait for it to break out of this new pattern too. Once the price reaches 37.5 and stays above that level, then only we can enter the trade. Our target is 43, and we'll set a stop loss at 32.5 to manage the risk.
NSE:MMTC
by BullishLine
ANDHRA PAPER READY TO PRINT MONEYPATTERN - the stock has formed a year long consolidated rectangle which just follows range bound trend . the stock is ready for potential rally with unprecedented volumes. TARGET - for time being the stock can rally till 500 levels in no time and furthermore if it penetrates the resistance it can returns till 620 FUNDAMENTALS - The company is owned by west coast paper which itself is a excellent company the profits and OPM of andhra paper are highest ever which compells more confidence in the stock
NSE:ANDHRAPAPLong
by keshavmaharaj958