Stock has broken out earlier and this is second retest of the breakout level. Strong closing here can be a good sign.
The stock has retested the breakout on three occasions. The third retest seems strong as also took the trendline support. Supply seems to be absorbed and stock seems ready for a swing. I always try and post my stock analysis which offer good R:R. This is one of them. The resistance zone marked can be kept as a SL for gains upto previous swing.
Buy Glaxo near 1610-1620 Stoploss 1490 Target 1920 Breakout & Retest Structure
Indusind bank is behaving no different than the other performers in banking. There is a morning star formation at the retest levels of the breakout that happened a few days ago. I categorize this candlestick as a buy setup and this can give 10% in the coming days. SL should be at 1087 with a target of 1240-1250. This is a good RR setup of 3.5 Kindly note that...
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
Grindwell Norton had given a breakout. Today it has retested the breakout level. Low risk high reward entry
The stock has been consolidating for some time. Today it tested its previous breakout level and has shown some strength. Can be used for low risk entry with higher reward
NHPC had given a breakout recently. Today the stock has fallen around the breakout level. But the testing volume is very low thus can be a good low risk buy entry
Buy Ashok Leyland near 123-124 Stoploss 118 Target 135-140 Triangle Breakout and Retest Structure
DELTACORP | Big breakout and retesting silently - 55% potential - Similar to TATACOFFEE pattern we have been holding CMP : 142 SL : 125 Target : 220, 275 Simple 1:6+ risk reward setup (First target)
Coal India breakouts the resistance zone and taking a retest, the stock tried to breakout this zone on Feb 21' and June 21' but fails and also we saw huge volume in the past days.
NBCC gives a breakout after taking a retest. Safe target will be 52.75
Gujarat Alkalies & Chemical Can give a good upside . In a good uptrend. Breakout and Retest.(Good Volumes) I would appreciate your thoughts on it. PS. - I am not SEBI registered. This is for analysis and educational purpose only.
A breakout from a symmetrical triangle pattern and we can see a retest of the resistance trendline. Looking good for a short-term trade for targets 800 and 865.
#LTFoods #Daawat - Good price action + volume near trendline resistance - Can expect a pull back b4 taking the leap forward - 50 EMA can be also used tight SL - Looks breakout retest on W #trading #StockMarketindia
Nazar tech since its listing has been working in the range and finally, that range got broke and now it is retested! i.e. higher confirmation on the bullish momentum!
INFY has exhibited breakout of its range and the stock closed today with retesting the breakout level on the 30 minute time frame. We will keep this stock in watch list for tomorrow, 22 Sep for a possible continuation in the direction of the breakout.
previously published chart was weekly breakout retest of this stock. link for the same is provided below. after long consolidation in retesting this stock seems ready for further move. triangle breakout in daily chart with targets and stoploss marked on the screen.