Pattern: Rectangle pattern is formed when the consolidation takes place.
Breakout: Rectangle pattern is breakout happened on 24-Jan-2024. Price might comes to 770 for re-test of the BO.
Volume: Spike in volume in BO candle indicating big players are interested.
Entry price: Between 769.45 and 802.85
Stop loss: Below...
Stacked in a Rectangle
It's just trying to break after the breakout a good momentum will be seen in nifty50
It will take time to break but after breakout a good momentum will be seen
CKECK ON 15 MIN Chat for better understanding
if it break then go. For upside
Market trolling with players
Be smart don't involve in market trap
Good Consolidation on Monthly TF
A good breakout backed by:
2. Retracement & Continuation
SL: 116 (Closing basis)
Target: ATH or Round Number 200
Details are mentioned on chart.
DISC: This is not a tip to buy or sell any stock. I am not a sebi registered Analyst so please do your research before making any decisions.
Britannia has been consolidating for the past three months and has now broken on the downside.
Results today. Better to wait for an hour to get its reaction and then enter trade.
Stop loss - 4650
target - 4100
Disclaimer: I may or may not enter depending on market and stock circumtances.
Its a very volatile stock.
In the begining of the move zee was consolidating between 266 and 254.It broke down from 254 to 236 last week. It made good upmove from there. Today's judgement of zee should have helped it to sustain 254 but there is clear selling around 254 making it resistance.
Sell stl: 266
tgt 1 : 236
Disclaimer: I do not own the stock...
Given that current uncertainity in global political conditions and crude volatility, paints whose major ingredient being crude might witness some correction.
Asian paints has been between 3400 and 3150 for the past three months.
If it breaks the above rectangle, can see correction up to 2700.
I may or may not have any positions....
Hello Hardworking Traders! I am back again with a beautiful breakout Stock, DP wires.
Here is a quick overview of its Technical and Financials.
Dp wires spent over 2 years consolidating in an ascending channel pattern.
>>The chart shows a consistent bullish trend within this pattern, forming higher highs and higher lows.
>>Recently, it retested...