All Time High,Rectangle BreakoutRetesting rectangle breakout, relative very strong in weak market.
under 2600 trend weakness will start
Rectangle
Breakout in praj industries.Rectangle pattern breakout in praj industries in daily chart.
Good volume support.
This rectangle pattern is just a halt to the upmove started prior it as the volume dries down during its formation.
It also seems bullish flag pattern breakout in monthly chart
So, it is looking very good.
First Target is 510 and second Target is 610.
Stoploss is 391.
Consolidation in ZEELZEEL has been taking support from a trend line since 1st October.
Now it is in consolidation phase from 28th December above the trend line.
It is respecting the trend line and the rectangle consolidation.
Wait for it to decide the trend. It will burst.
United Breweries Cmp 1664 dated 17.1.2022United Breweries Cmp 1664 dated 17.1.2022
1. Rectangle Consolidation BO @ 1640
Buy for the tgt of 1680-1730-1755-1790 SL 1625
It is just a view, pls trade at your own risk.
RALLIS INDIA - Trendline & RectangleTrendline and Rectangle breakout on the Daily Chart of RALLIS INDIA. BUY 278 -> 300, 310, 325, 335, 350 : SL/Support - 268, 258, 250, 244.
Simple risk Reward positional setupElgiequip Price is Breaking out 200 days of consolidation with good volume
Simple Low risk-reward setup for positional trade.
Few points to consider
- Rectangular Box price breakout.
- Good volume to support Price
- Relative strength is outperforming Benchmark Index (Nifty)
- Risk (SL), low of daily candle close
LODHA form Rectangel chart pattern.If the stock breakdown then we ignore . But breakout then we looking for Target 1 & 2. Technically stock looking good.
If SBILIFE is breakout the chart we looking for long side.Now SBILIFE is in consolidation zone . If they breakout the Rectangel pattern then we are looking for TGT 1 & 2 . If tomorrow stock is not breakout the chart we are not trade in this scrip for intraday or Swing.
GUJGAS 2 times supported on 200 EMA ( Looking Bullish )NO discreption now watch chart . If monday morning gujgas open positive then we look for the buying side.
JSW EnergyAfter a long consolidation, JSW Energy shows some strength and momentum on the daily time and if we see the weekly chart then it is a retracement after the uptrend frame we will wait for the breakout and enter after re-test our entry price is 333 our SL is 303 and Target is 383.
Rectangle breakout possibleRectangle breakout possible, stock volatility decreased, ATH range breakout possible
Breakout in polycabBox Breakout in polycab with huge volume.
If it sustains above the breakout level, it can go upto3145.
Stoploss is2545.
Breakout in polycabBox breakout in polycab with good volume.
If it sustains above the breakout level, it can go upto 3145.
Stoploss is 2545.
Near fresh Breakout, All time high possibleGood consolidation, holding trendline , ATH possible, volume support
HDFC LTD Conditional LONG Technically on the daily charts we see major support on the downside @ 2505 levels, whereas minor resistance on the upside is capped around 2588 level
If breaches minor resistance on the upside and closes above it For 15min , we may see fresh breakout and Hdfc can Lead towards higher levels around 2765/2845 levels in Short Term.
For Educational Purpose Only.
Regards,
MD
Breakout in tata chemicalsRectengle breakout in tata chemicals with huge volume and huge delivered quantity.
Technical indicators are bullish.
If it sustsains above breakout level, it can go upto 1100 which is the target
Stoploss is breakout candle low.
AXTEL BreakoutAfter consolidating in the rectangle AXTEL is going for breakout with a target of 472 and SL 369
KITEX GARMENTS CMP 230 dated 7.1-2022 ROUNDING PATTERN BOKITEX GARMENTS CMP 230 dated 7.1-2022
WEEKLY CHART
1. Rounding Pattern BO 230
2. Rectangle Pattern BO
3. Volume Surge.
4. Debt Free Company
Buy for a tgt of 385-420 SL 180
It is just a view, pls trade at your own risk.
EURUSD SHORT WAIT FOR ENTERY hello friends in eurusd bearish rectangle chart pattern is there that's mens market will be go down and target and entry i mention in chart you can sell thank you.
SBIN Break Out Trade Technically on the daily charts we see major support on the downside @ 450 levels, whereas minor resistance on the upside is capped around 266 level
If breaches minor resistance on the upside and closes above it, we may see fresh breakout and State Bank of India can Lead towards higher levels around 475/501 levels in Short Term very quickly .
For Educational Purpose Only
Watch Out comments section for live trade update.
Flag and Pole PatternAfter a long consolidation, the chart looks good for breakout and decent targets at hitting hidden trendline. The final target is 40%, which takes some time though.
This is just for education and not a investment advice.
All Time High, Base BreakoutAccumulation phase breakout. All time high.
Good base formation, weekly setup also bullish
Valiant Organic Cmp 1129 dated 5.1.2022Valiant Organic Cmp 1129 dated 5.1.2022
1. Rectangle BO @ 1135.
Buy for a tgt of 1300 SL 1095
It is justa view, pls trade at your own risk.
