we can see VLS FIN LTD INDIA was in consoldation from the last 6 months from it gave breakout with good volume. we can make 265 as its swing trarget according to pattern (RECTANGLE) formation which is also its all time high.
Nazara Box breakout pattern formed and breakout happened at 2400 levels. Next levels to watch out are 2506,2624-2645, 2810-2825, 2900+
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
MCX has broken out of its rectangular channel resistance zone of 1900 on the daily chart. The candle formed is a Doji at very high volume. The break out signals are not very clear yet and therefore be wary of buying at the breakout yet. Better to wait for a pullback and buy at continuation.
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
Emmbi Ltd It has given an multi year breakout plus my favorite 1 year rectangle pattern BO and also showing sings of trend reversal One Can take a long position with SL of 90-2 for a target of 130+ As per the log chart there is resistance around 113-4 levels.
Given a strong breakout with big green candle, looking for a retest if it gives any. Expecting atleast 15% up move in the forthcoming months.
#Watchlist #HDFCLIFE (W):- 758 CMP, LOOKS GOOD FOR MORE UPSIDES :) 1) Rectangle Breakout Done :) 2) Volume Breakout #Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
given a good break out after a consolidation and there is nice price volume expansion.if the stock takes support at 4484 it will be my entry and stoploss is 4094
The stock is showing good strength when the markets are declining. It has formed a good base of 15 odd weeks, and now with volumes expanding it is ready to move higher. Mcap ~ 3200 Cr D/E ~ 0.02 Cr SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move,...
#VSSL RECTANGLE PATTERN BREAKOUT AND RETEST HAPPY LEARNING
We have following two bullish pattern breakouts occurring on the chart. 1. Flag pattern breakout 2. Rectangle pattern breakout
Analyzed yesterday see the charts .... :)
BULLISH above 335 Target 350, 375 SL: 305 Risk is yours and Reward is too yours Totally Also Multifold returns possible
DCB Bank is consolidating in a very narrow range between 88 to 94 for past one month., Today the volume is great We can expect a BO in this consolidation soon Can be entered abv 95 - And Aim for 100/105