>A good breakout above a multi year strong resistance of rs100 and a good consolidation at 38.2% fib level and retest of 50EMA. >A long position can be initiated between 122 to 130 for a target of at least 30% with a stoploss of 115 >A favorable risk reward ratio of above 4
Flags are areas of tight consolidation in price action showing a counter-trend move that follows directly after a sharp directional movement in price. The pattern typically consists of between five and twenty price bars. Flag patterns can be either upward trending (bullish flag) or downward trending (bearish flag). The bottom of the flag should not exceed the...
130 IS AN IMPORTANT LEVEL TO WATCH. IT CAN GO EITHER WAYS.
Buy bhel for a target 80 short term. Stock under consolidation. Expect breakout soon. Those who have must hold on.
Breakout waiting in SAIL, can consider to start accumulation slowly. Target 150
At Strong Support Area Limited Downside Possible Grt Risk To Reward Buying at 123/124 Sl Below 120 Tgts 134/140
Needs to bounce back from 121 (approx) levels. Breakout expected in coming days. Shared only for educational purpose. No recommendations
If tomorrow SAIL goes below 130, or it retest 132 range and fail to give breakout, then you can short it from 132 or from 130. Target can be set up to 126.50. Stop loss would be above 132.80 if you short nearby 132 / If you short nearby 130 then stop loss would be 132.20 . Risk to reward is 1:1 or 1:1.5. Do your position sizing correctly. You can expect to get...
On a Daily Time Frame, Sail is Forming a very beautiful Descending triangle pattern. Currently trading at the resistance of the trend line. Might see a fall for next few sessions and a good fall after the successful breakout. Keep a close watch.
Stock looks good to short below 129
SAIL in 1hr time frame going to have a breakout, so give an entry with appropriate Stop loss Aggressive traders enter at the breakout and conservative traders may give entry after retracement After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade 🔴DISCLAIMER ***** It's just for an educational purpose and so you...
Hello guys i had find this setup in 1D timeframe which is in bullish trend and with very good fundamental good earning and nice growth seen in past we expected same in future so we have a good opportunity to buy after some confirmation and plzz do your own analysis before taking any trade on my charts if you like my analysis plzz like share and follow thank you
Cup and holder pattern formed With volume First target is the green line #swing traders It's not a stock advice, please trade with your trading style
This is only for Educational Purpose, I myself am a learner This post contains my thoughts to particular (SAIL) and will be no responsibile for any kind of losses.