hcl tech range bound good to buy at 900-925hcl tech is moving in side ways good to accumulate and we can expect recatangular break out in the long run
900 and below is best price for hcl tech its like fair price
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
Rectangle
symmetrical triangle breakout trade!waterbase : 124
trade setup:
1. buy above 128
2. keep stop loss as 111 on closing basis
3. targets 145/164+
key technical highlights :
1. symmetrical triangle
2. rectangle
3. breakout concept .
note :
stock price trading in compression zone .
any time breakout expected .
dry volume during price correction / consolidation .
& good volume seen in previous bullish patterns
GREENLAM NICE BREAKOUT HAPPENING WITH HUGE VOLUME. SWING TRADEAs u see on chart nice and clean price action going on in this stock. Resistance turning as support.
keep eye on this as nice breakout happening with a huge volume
SWING TRADE OPPORTUNITY
BUY ABAOVE 1450+ FOR TGT - 1650+ WITH STRICT SL 1330
HDFCLIFE TRADING IN A RANGE FROM JAN 2021. CAN IT BREAK ?????HDFCLIFE trading in range price range of 657 to 746 from January 2021. It has completed 7 months of consolidation on daily chart.
The range may break once price touches 200 EMA after 6-8 months of consolidation as per my price behavior analysis.
ITC TRADE SET UPITC the heavy weight and is underperforming and now after taking support n times at 200/205 base zones and now above 208 resistance , it is trying to give signs of upmove greater than equal to 230++
and as results are done , chances are higher that ove shall suatin and stock shall participate in index upmove or atleast support the index going forward
Trade with good breakout concept !jswsteel : 763.25
trade set up :
1. buy above 766
2. keep stop loss as 735 on closing basis
3. targets expected 860+
technical buy set up :
1. rectangle
2. double top breakout
3. volume
note : good bullish structure with stock price
& consolidating before breakout .
with technical there is additional good results (Q on Q)
time frame one month.
VSSL looking good Positionally1. Stock in Continous uptrend.
2. Relative Strength Strong & increasing.
3. Stock crossed All Time High (2017) of 195.15 and was consolidating after multi-year Breakout.
4. Spread chart Breaking out.
5. Accumulative positive volume activity during consolidation.
6. Good Q1 numbers.
7. Stock is up today when most of the Nifty & Mid-cap stocks are in Red.
rectangle pattern trade setup !!!hcltech : 1005
trade set up :
1. buy up to 984
2. keeping 959 as stop loss on closing basis
3. target expected : 1045 ( breakout again above this price ) / 1202+
technical set up :
1. rectangle
2. breakout retest
3. volume
4. multiple time frame analysis
5. support and resistance
Intraday Trade: watch for range breakoutbuy above 782 in Intraday.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
watch for range breakout buy above 29515 for swing/ Intraday
for swing trade keep stoploss 28500
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
ENIL - Investment - Rectangle, Trendline ObservationsA Rectangle/Darvas Box breakout happened at 185 on Weekly Chart of ENIL. BUY CMP/227.10 -> 270, 283, 330, 350, 385, 410, 435-40 Support/SL 184, 169, 140, 120. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Alembic in a good support zone🍂Alembic Ltd
cmp 121
sl 117
expecting trend reveral
first trgt 140-200++
Why was it selected❓
🔹Company is almost debt free.
🔹Company is expected to give good quarter
🔹Technically looks good.
🔹The stock was in a good support zone & expecting reversal.
👉Entry possible,but it’s not a buy recommendation.Study well🙏
ABOUT THE COMPANY🍂
Alembic is dealing in Active Pharmaceutical Ingredient (API) Business and Real Estate Business.
Thank You.💚
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