ETH has Resistance @ $3200 and Support @ $2900, if support broken it will go down to $2500 -$2200 levels Happy Trading ...
#NationalAluminium ascending wedge breaking outside resistance The stock seems to be breaking out of a previous resistance zone within an ascending broadening wedge patterns where swing trading opportunities till upside of channel now.Wide range bullish breakout candle and momentum and trend give Indication that price could be heading ahead. Stop loss below alert...
PRECISON CAMSHAFTS as per daily chart analysis is now in consolidation zone and 03.12.2021 it had broken the consolidation zone and also the multi year resistance line 145. once the stock above 151 level then target 161 is achievable.
BTC continued its bullish momentum for the third straight week. After consolidating in the range of $60K to $64K in the previous weeks, it has given a fresh breakout and at the time of writing, it is trading around its ATH of $66K. BTC formed a bullish hammer kind of weekly candlestick pattern which depicts that bulls are going to dominate the charts in the coming...
NipponLife India asset management stock is breaking out from a previous resistance zone. It is trending in a channel with good momentum and ADX trend strength rising high. Volumes are decent above simple moving average. Stop loss should be neckline of breakout below entry candle low and entry above high of alert candle.
NSE:MMTC broke the long-term resistance level 47.5 which it was trying to break since AUG 2021. You may give any name to the pattern, but one thing is sure that it entered bullish territory. Volume registered today is also extremely good.
Hello all, With breakouts happening left, right and center(owing to the bull market) it seems easy to trade and more easy to loose our discipline. We should cherish this bull run but not at the cost of loosing our discipline. Now coming to the idea, a well known textile brand- Raymond, is trading at the multi year resistance zone. How I look at stocks trading...
In last trading session GRASIM gives breakout of ascending parallel channel's resistance line. After this breakout expected this will continue it's bullish rally towards the 1915+ in next few trading session. We can go long in this stock with stop loss of 1680 for target of 1910+ for short term.
HDFCBANK one of the largest constituents of the market index is at the edge of a potential big breakout if it works out. There is a rounding pattern formed and it already has cleared the previous 1641 resistance and is at all time high but just need a green candle close above for confirmation. The Fibonacci extension levels indicates 1800 levels possible even if...
The stock is breaking out of a previous resistance. Also if broken out of the FIB retracement 61% from top which Is clear indication of further up move. The momentum and trend indicators are bullish on all timeframes The entire auto sector also has broken out leaving no doubt on bullishness, however make use of trailing and Tight stops the cover the risk of...
Weekly showing a rounding pattern breakout in progress taking out a 4 year old previous resistance The last daily candle is wide range bullish . Momentum indicators is bullish on all timeframes short medium and long while trend indicators are bullish as well with ADX strength of trending seeing rising up on all frames and therefore continuation of price up move is likely.
6 year old resistance has been clearly broken when breakout happened last week. Volumes are above average with momentum and trend indicator bullish on all time patterns It is rounding pattern breakout on long term timeframes too and could be forming cup and handle as well. Up move is expected to sustain considering all these
Buy 730-735 SL 707 TGT 775
metropolis healthcare breaking out of previous resistance zone.momentum and trend in bull zones on all timeframes Stop loss would be below the breakout candle neckline and entry can be when price over above current candle high.
GALAXY has broken out after more than 10 weeks of consolidation! Breakout is support by a good amount of volume. Wait for the price to retrace before entering into trade. This idea is for education purpose and please do your own analysis before you take up any trade. Please don't forget to follow position sizing and risk management. Cheers ! Happy Trading
infoedge /naukri is breaking out from a rounding pattern. supports could be placed on weekly 50 EMA for positional or neckline of breakout on daily for swing trades
#canfinhomes potential multiyear breakout in the making a green close above 666 could mean a breakout from a 4 year old resistance volumes are high and momentum also is in bull zones on all timeframes. stops need be below breakout candle.
#Voltas breaking out from a previous resistance from last feb with wide range bullish candle with bullish momentum A monthly bullish reverse divergence is in play..Trend and momentum indicators show bullishness in all timeframes This Tata brand like to further move up from the post covid recovery pent up demand in the consumer durable space.