resistance-breakout-retrace

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manavtechresearch manavtechresearch TOP MGL, 1D, Long ,
MGL: MGL(FUTURES) BTST
48 0 2
MGL, 1D Long
MGL(FUTURES) BTST

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indiamarketoutlook indiamarketoutlook GVKPIL, W, Long ,
GVKPIL: GVK Power: Will it be 3rd time lucky...Will it breakout...???
155 0 3
GVKPIL, W Long
GVK Power: Will it be 3rd time lucky...Will it breakout...???

GVK Power CMP 21 - The stock is currently at 5 year resistance level - Sustaining above 21 opens up potential for a move towards 30-33 zone and 40 levels - RSI though suggests overbought conditions - so there is an alternative scenario where the stock may see some correction - and if in that correction the stock manages to hold 16 odd levels then there will ...

Bravetotrade Bravetotrade MOTHERSUMI, 240, Long ,
MOTHERSUMI: Motherson Sumi: Buying Opportunity
215 0 13
MOTHERSUMI, 240 Long
Motherson Sumi: Buying Opportunity

Nice breakout with strong momentum on RSI and above average volume. Currently near resistance zone 327-329. Lets see if it gives a buying opportunity on pullback or else the price action above the resistance will decide the entry. Targets are mentioned. Hit like if this information is useful. Trade safe Regards Bravetotrade

krishna_inv krishna_inv DABUR, D, Long ,
DABUR: Dabur- Fresh Breakout
52 0 2
DABUR, D Long
Dabur- Fresh Breakout

Fresh breakout of resistance line - Ascending Trending line Target & SL Explained in the chart

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