Rectangle breakout on Daily Chart of NOCIL. BUY 156.55, SL 148.9, Target(s) - 173, 180. Consodilating as of now. Very High Volume of the Breakout candle. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
A rectangle & a trendline breakout on Daily Chart of AJANTA PHARMA. BUY 1725.10 -> 1780, 1810-20. SL TBD when it crosses 1725, most probably though it'll be around high 1600s. But still, it'll be quite prudent to review it at the time of breakout. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
We can see market has given a breakout of 15 min range in the end. Case 1 - Market opens big gap up, comes down, takes support and shows bullish sign then I will go long. Case 2 - Market opens flat and form 5 min bullish candle above the range, I will go long Case 3 - Market is within the range and consolidates and breaks down the 15 min range, I will go...
IF BREAKOUT THIS LEVEL IT FLY STILL 745
Buy above 909 if sustains for an hour for the target 1200 Sl 821 Disclaimer : This idea is for only educational purpose, please consult your financial advisor before making any trading decision
⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕ --Buy above =210.45 or CMP --Target = 235 | 257 --Stop-loss = 196 --Lot Size = 3200 ...
As long as Banknifty is trading in between the purple range, I am not expecting any big movement as such and hence will go for scalping trades if any. Let's wait patiently for the market to breakout/breakdown of the range. Nifty has already made an all time high, which is a good indication that Banknifty might also touch all time high before a big correction...
*The 2395.00 area is a potential RESISTANCE breakout now and act as a support for now and at the same time this kind of pattern breakout (RECTANGLE) in price is sustainable and high probability. Risk is too low now. *This stock breakout the resistance level with high volume. *Price trading above all the moving averages. *Present trend and sector in bullish trend. ...
Sail had a good bullish run and RSI has crossed 80 and there is a divergence in RSI, but with volume and last up move, need to see if it will consolidate a bit in the range of the last big candle and then continue its movement or maintain its bull run.
volume is gradually increasing. Keep on radar.
Could touch its all time high soon. T-400+
Hi Investors, SHANKARA has been trading near its life time low (LTL) for two years now. Looking good for a long-time breakout with 435. Rest explained in the above chart. I hope you will benefit from this knowledge -MetaVish
*Horizontal Line Breakout with high Volume.