JMFINANCIL REVERSALthe stock has retested breakout with low volume and now has moved up from support. 108-110 seems like a resistance, above that previous high should be a good target for swing and fib numbers thereafter
Retest
POKARNA - Simple yet ReliableVery simple basic tried and tested strategy.
25-26% here is almost a certainty.
Long IBREALEST. target 220, Stoploss: 129IBREALEST is retesting its previous resistence 143.
Can go long at 143 with Stop loss 129 and target 220
JP Power - Trendline BO and retest Watch for a bullish signal.
Technicals:
Trendline breakout and retest done on 1-hr TF.
Very likely to reach 6.5 (Near previous high).
SL can be placed at 4.5
Fundamentals:
Company has come up with net profit after 5 years.
Balance sheet is improving.
Reserves are near all time high
Stock is trading at 0.34 times its book value (15).
Its just an analysis, not a buy recommendation. Consult your financial advisor before taking any decision
Hcl Technologies: Symmetrical Triangle breakoutHCL Technologies broke out of a Symmetrical Triangle formation on the 15-minute chart.
Has already retested the Symmetrical Triangle and simultaneously taking support from a Parallel Channel trendline.
Buy MCXBuy MCX near 1638-1643 Stoploss 1575 Target 1850
Demand & Supply Structure...Breakout & Retest Structure
Buy Foods & Inns ltd. Medium to Long Term IdeaBuy Foods & Inns ltd near 60-63 Stoploss 45 Target 98
Ascending Triangle Pattern Breakout and Retest Structure
Buy EMKAY : Short term trade.. Successful retestSuccessful retest after breakout.
Excellent Risk-Reward - SL 122
Target on chart
Refex Industries fire work started🌿🍂buy @ 140 -145 range
trgt 170-200-300+
not a buy recommendation,study guys🙏
Why was it selected❓
🔹Company has reduced debt.
🔹Technically looks good.
🔹retested breakout level and expecting more upside.
🔹interesting business
🔹Company has delivered good profit growth of 50.40% CAGR over last 5 years.
🔹Company has a good return on equity (ROE) track record: 3 Years ROE 56.53%.
👉Entry possible,but it’s not a buy recommendation.Study well🙏
ABOUT THE COMPANY🍂
Refex Industries is engaged in the business of refilling of eco friendly Refrigerant Gases. The Company's portfolio consists of trading and re-filling of Refrigerant Gases. The Company is also into the sale of Electrical Energy based on the generation of power and Sale of Solar Accessories and Job service related works etc.,
Thank You.💚
Like🔹Comment🔹Support
healthy Breakout with heavy volumeEntry - 93
Stop loss - 85
Trgt 1 - 107.5
RR ratio - 1:2
Medium term trgt- 140
EURUSD breakout and retest.The major pair has finally given breakout of the falling wedge and rallied upwards and now facing rejection at the zone. If it continues to face rejection, a strong downtrend will start which can bring it back to the levels of 1.1800
Swanenergy is getting ready for BONSE:SWANENERGY
Hello guys, as the supply zone displayed, it has been noticed that that area has been continuously tested and buyers failed to move the stock price above the resistence level.
The lower trendline has been acting as a demand zone from quite a while and while moving upwards it is forming a narrow wedge like pattern. One can take an entry on a closing of candle on a daily basis above the supply zone/resistence, or when the stock is retesting the supply zone after an upmove.
SL should be kept 2% below the supply zone and trail it on every 5% targets.
Thanks guys and share it as much as possible.
Buy WhirlpoolBuy Whirlpool Stoploss 2120 Target 2600
Study: Demand and Supply Structure + Inverse Head & Shoulder Breakout & Retest Structure
WELSPUN- Multi year breakout, buy on retest1) Bullish structure with Higher high and higher lows.
2) Gave a 5-year breakout on 112-113 levels with good volume expansions.
3) Chart is buy on supertrend since march 2020 with increasing relative strenth compared to benchmark.
4) CMP is ~ 140, wait for retest at 112 for confirmations and long positions.
5) Potential Target ~ 209, potential returns 83%
6) Stoploss could be 90~100.
ON RETEST BUY and go long for good gains!!!stock given a good breakout and now after a healthy retest it is ready to fly off !!! high conviction trade. comment your doubts :)
