Repco home fin had broken the triangle pattern with huge volumes. Good time to buy with those
Repco Home : NSE:REPCOHOME Pattern : Volume & Price Breakout on Daily Charts The Market for Repco Home has been consolidation on Upper limits since last few days which has taken a massive breakout today on Daily Charts. It has potential to extend this upside up to the levels of 180 in coming sessions. Below 137 upward trend may neutralize again . ...
Note: This is for educational purpose only. There seems to be a bullish triangle breakout in weekly TF (timeframe) with Ultra high volume. Moreover, there seems to be a breakout in RSI as well. RSI above 60 indicates bullish momentum.
MOMENTUM TRADE IN REPCO HOME FIN VIEW:- BEARISH TRENDLINE WAS BROKEN ON DAILY AND WEEKLY CHART MACD POSITIVE CROSSOVER 50-DMA CROSSOVER TRADE IN SPOT BUY@307 STOP@297 TARGET@325 QTY:PER YOUR CHOICE
Keep accumulating till 520 First target 625 Above 625 TP=700-755 If scenarios are extremely and 755 crossed, longterm TP=950