NSE:ULTRACEMCO
#NSE:ULTRACEMCO formed Beautiful
Inverse #Headandshoulder (W) pattern
#Trendline BO
Trading @ major #Resistance.
TL & Resi BO may show good momentum with small pull back, rejection from This level may consolidate.
Levels mentioned on chart !!
BPCL is forming a beautiful Inverted head and shoulders pattern at its low and with its earnings coming up on 12th august, it makes a strong long contender.
It takes support on the 50EMA and a break above the neckline on above average volume initiates the trade with long targets of
T1 at 371.20 and T2 at 394.45
Risk To Reward od 1:2
Stop loss below the 50EMA
High...
It broke a major resistance level with decent volumes. I took a 1:2 position at 3:29 PM just before closing. First tgt- 826.15 and if it crosses that level then 2nd tgt-857.65.
However you can also take a position after 9:30AM on 18th July 2022.
Godrej Properties
Stock at trendline Breakout level and also formed Head & Sholder pattern
Now trading in a resistance Zone
Buy at CMP or above 1660 levels for positional targets of 1780/1950
Keep SL at 1450 on closing basis.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
SPECIALITY RESTAURANTS as per monthly chart analysis the stock was in continuous down trend channel and this month stock has once again moved up breaking the channel. Resistance 115 once broken then target 140 is achievable.
Tata consumer share touched the level of 860 and then reversed, now stock is following the good price action.
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As you can see in the chart, Tata consumer taking the correction after every bull move.
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So for tomorrow, stock will test the 829 levels it is a resistance level so maybe share will wait for some time,
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Then will give the breakout, you can buy trade...
ASIANPAINT share testing 3147 level as you can see in the chart, there is a strong resistance.
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Stock is making trendline and made higher high, tomorrow if stock break 3147 we can see the target of 3200.
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If stock break the trendline in downside, we will avoid this trade.
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Don't forget to like the idea.
As you can see in the chart, there is a trendline breakout in the mothersumi share,
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You can see in the history there is a strong resistance of 227 stock tested multiple times,
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If stock goes above 227 on tomorrow, you can buy this trade for the target of 335.
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What's your view on this comment below in the box.
Lupin tested three times 933 levels, so it's a strong resistance .
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If tomorrow stock goes above 940, you can buy this trade for the target of 955-960.
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Stock has already given the positive closing.
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What's your view on this comment below in the box.
HDFC Ltd share tested 2849 level multiple times, now the share is ready to breakout.
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If Hdfc Ltd goes above 2849 on tomorrow, you can buy this trade on tomorrow.
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Target is 2880.
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What's your view on this comment below in the box.
As you can see in the chart, 708 level is a strong resistance two times stock touched this level,
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Today also share try to break the 708 levels but unable to break the resistance.
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For tomorrow you can buy this trade once it goes above 710 for the target of 727.
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Try to avoid the position if stock give gap up opening.
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What's your view on this comment below in the box.
Shriram Transport Finance has already given the breakout, as you can see in the chart.
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There is a strong resistance of 1426, two times stock tested the level and then given the breakout.
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Now for tomorrow you can buy this trade once it goes 1442, for the target of 1470.
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Note: Avoid the trade if stock gives gap up opening.
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Don't forget to like the post.
As you can see in the chart there is a strong resistance of 2930,
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In previous trading days stock made head & shoulder pattern and then gave the breakout now again,
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Stock is making head & shoulder so in this condition there is two probability that can happen in this trade.
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1. Share tested three time 2930 levels, now it can be possible that in the next time...
There is a strong resistance of 840, stock two times reverse from this level,
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And then recovered in a v shaped now again today touched the level and made the breakout candle,
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So tomorrow if share goes above 840, we can buy this trade.
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What's your view on this comment below in the box
REC LTD lookin good in 15 min timeframe, and forming a ascending triangle with a good resistance levels. We can initiate a trade if it breaks the resistance and the ascending triangle
