Retest-structure
Buy Century TextBuy Century Text at CMP with stoploss of 389 for the Target of 475
Study: stock is trading near retesting area of Inverse Head & shoulder pattern.Good Risk to Reward Trade
Breakout and consolidationStock has broken out of weekly resistance and retesting. Long view once price crosses 155
Buy ITCBuy ITC in betwwen 212-217 Stoploss 205 Target 235
Stock is now trading at retesting zone after Breakout...It may take support and bounce from given level
M_M Short IdeaM_M was in uptrend and recently price failed to create New High and made Lower High which indicates it as a double top pattern
Price is currently resting at neckline. It is weak below 790 Level (if fall continue watch out for breakdown and a strong rejection candle during retest)
Buy Jindal Steel Buy Jindal Steel ..Stoploss 292 Target 315-318
Study: Symmetrical Trianle Breakout and Retesting
TATA CONSUMER PRODUCT LTD. Retestedretested from previous resistance. entered at 607 with 1:2 RR
lets see what happens..
Buy LupinBuy Lupin in between 992 to 1000 area Stoploss 960 Target 1050 and above
Study: Stock is trading near retesting level of previous Breakout.It can take support and go up
Buy Hdfc Life InsuranceBuy Hdfc Life Near 668 to 671 area with stoploss of 648 Target 712
Study : Double bottom Breakout and now stock is trading Near Retesting level...
A proper Break out Just occurred.Wait for the retest and get into the trade and it has more than 70% chance to go on our favour!
RPower: support zone & breakout retest confirmation {Bullish}RPower
CMP 48.50
Last time, we were able to capture the stock movement right from 36.80 levels to 62 levels where we highlighted the zone of 58-62 being important
The stock has come down exactly from same levels...
At current levels the charts suggest the stock is back at important support levels & zone of 45-48 may act as strong support ...
Buying at current levels & on dips towards 45 can be considered
Target 82 / 108 levels
Take care & safe trading..!!!
