Rites closed strong with huge volume. 292 or above this momentum should continue further till ATH 330 levels. Intraday traders also can watch out above 292.
DON'T MISS THIS SHORT TERM TRADE FOR APPX 15% RETURN
RITES - Filtered under stratagy#6 - Near major Resistance (1 Year) - hugh volume supporting - Good to enter only above resistance Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing 6 powerful strategy
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
A triangle breakout is seen in the weekly charts of RITES with great volumes!! Selling pressure was seen at the end of the day. Hence, a retrace is expected at around 260. LEVELS: Entry: CMP and if gives a retracement then at 267 Target 1: 300 Target 2: 325 STOP LOSS: 251 (Closing) TRAIL STOP LOSS!! RSI BULLISH VOLUMES SUPER COOL MACD BILLISH Risk-Reward...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Daily Chart #RITES NSE: RITES Short Term Quick Profit CMP 264.65 Target 1: 272.65 Target 2: 283 SL : 251 Timeframe < 30 Days Can hold for longer time ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern...
Weekly Chart #CESC NSE: CESC Short Term Quick Profit CMP 742.65 Target 1: 786 Target 2: 846 SL : 684 Timeframe < 90 Days Can hold for longer time ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern...
RITES EQUITY levels ...28/05/2021 (D candle)😊
ENTER ON BREAKOUT ON EITHER SIDE Upside Targets = 253 / 262 / 281 Lower side = 220 / 200 SL = Tringle lines
RITES is about to break its upper RESISTANCE, Buy at 319.95 with SL:312 and Target of 344. Make your own decision while buying the stock or ask your financial adviser.
warning: this idea is to journal my findings for my personal use. Advising you to do your own analysis before entering There is a recent pivot, planning to go for a small profit and keeping tight stop loss
There is a momentum with railway stocks, IRCTC bumper listing plus RITES giving huge returns. The stock is now retesting with lower volumes and looking at the candles near the retest zone, one can safely assume that either the consolidation is going to happen or uptrend will continue. One can keep a stop of anything below 255-256
#RITES LIMITED INTRADAY 26.06.2019 DETAILS ON CHART
RITES look bullish now, which broke the resistance of 281. Can go up to 20-35 pts.