Coming out of Accumulation. 90-94 zone good to add. 83 as SL.
1. Wave 4 as per EW Theory seems to be in progress. The price actions seems ready to breakout for Wave 5 and a potential 35% upmove. Wave 4 has retraced almost 38% and rise in Volume in last few week shows that wave 5 is just about to begin. 2. Breakout from the rectangular box above 170 can potential take the price to 225-235 range i.e. ~ 35% up from...
The stock has been trading in the range for the past 19 weeks with low volume. Before the range breakout, we can see volume again building up & the stock formed a weekly bullish engulfing candle with above-average volume. Stock Brokeout of range with the highest volume in prior 19 weeks. (Stop Loss) Point of High Confluence Weekly 10MA & 40 MA are perfectly...
ROHLTD - BUY ACTIVE Chart Insights : 1Day Chart We can see stock breaks the channel pattern with good volume and can expect upside move if its sustain above the resistance.
RAIN Industry has given Trendline Breakout couple of weeks back, It gave its range breakout of 190 odd levels last week. Support below160 DCB as all weekly EMA has confluence at those levels. This is tricky script has multiple instances of failed breakout in past so decide as per your risk appetite... DISCLOSEURE:- This post is for educational purpose only, I...
NATCOPHARM - Natco Pharma Limited - BUY ACTIVE Chart Insights : Weekly Chart Stock closed @1026 on 16-Feb-24 We can see stock breaks the resistance and it may retest the broken level in coming days and then bounce from that level. Stock trading in channel, Best BUY only on RETEST level and this is for positional players. Drawn support zone for entry.
Starting to slowly build back positions again after going into all cash, will be building progressively, and be very willing to step out once again if i see selling resume in the markets entry - cmp sl - day's low IT is the one major sector that has fallen the least in this fall, and also has broken out of a relatively larger base recently
NUVAMA - Nuvama Wealth Management Limited - BUY ACTIVE Chart Insights : Day Chart We can see stock breaks the channel pattern with good volume and can expect upside move if its sustain above the resistance. Drawn support and resistance levels on chart for entry and exit reference Best entry at retest level
DBL - Dilip Buildcon Limited - BUY ACTIVE Chart Insights : Day Chart We can see that stock is broken the resistance with volume and can expect upside move if its sustain above the resistance. BUY Active only on top of resistance , it may try to retest the same level in coming days , best buy on retest level & keep monitor Drawn support and resistance levels for...
Fresh entry abobe 1215/- Stop loss:- 1170/- Targrt 1300/- Risk reward:- 1:2
JUBLINDS - Jubilant Industries Limited - BUY ACTIVE Chart Insights : Weekly Chart We can see stock is under formation of cup & handle and it will try to break the resistance in coming days and can expect upside move if its sustain above the resistance. BUY Active only resistance breaks and sustain above resistance & keep monitor
LAGNAM - Lagnam Spintex Limited - BUY ACTIVE Chart Insights : Weekly Chart We can see stock breaks the resistance and it may retest the broken level in coming days and then bounce from that level. BUY only on RETEST level and this is pure risky positional player
Hindustan copper has broke out cup pattern neck line 198, which gives first target of 320. On the bigger time frame it will completing a cup or box pattern of more than 11 year. If it manages to close above 320 then it will be breaking its 11 year high, which can give target of 600. This is for educational purpose.
Grasim Cmp 2169 dated 9-2-2024 1. Rectangle Consolidation BO above 2185 2. Bullish Engulfing candle Bu above 2185 target 2200-2225-2250-2275-2300-2340 SL 2100 It is just a view, please trade at your own risk.
consolidation breakout in HAL with volume entry above the line stop below the line (7%) stock in stage II ( strong uptrend ) earning release on 12 Feb
Stock has made a Huge Consolidation Breakout in weekly timeframe. Its a Buy on Dips Opportunity. Do your own analysis and Risk / Money Management. Targets in Chart for Short to Longterm
CDSL - Central Depository Services (India) Limited - TRADING at RESISTANCE Chart Insights : Day Chart We can see stock is trading at Resistance. Personally I feel it may fall from that level. If resistance broken and sustain above we can see good movement upside. No fresh entry until get the clear confirmation but better to book profit if any had shares(atleast...
Most of the time from 2012 IBREALEST was in consolidation in a range except 2 times. When ever there was Btreakout (2 times), volume has given signal. Likewise Now a volume Buildup has been formed. Let us wait for the inevitable Breakout. Prior to Breakout, there is a special type of cadle formations, drawn in circles. Such type of candle formations are seen...