Bullish on Wipro for the long term coz:
1. Rounding Bottom Pattern in Weekly TF.
2. Crossing 200 dema
3. Breaking 10-month-old resistance 2nd time in a daily timeframe with an increase in volume and holding on
4. Trend: UP Trend in daily pattern; making HHs and HLs over daily TF trendline
**BUY @ 417
**SL @ 395.75
**TGT 1 @ 610
**TGT2 @ 720
**Holding Period is...
Here's another chart I am sharing for educational purpose where I see a bullish breakout and a potential 30-40% gain.
Entry - CMP : 370
Target - 490
Duration - 3 months to 1 year
Stop Loss - Weekly closing below 330.
Kindly note that this is not a recommendation and only for educational purpose. Invest only after your due diligence.
Auropharm has formed a beautiful cup with handle and has given a breakout on above average volume.
Giving a valid shakedown by the handle as the volume dries up and a sudden break of th 50EMA and handle top shows bullish pressure for a long trade.
Target 1 being the 200EMA and T2 at 692 at the highs.
Stop loss near the minor swing low
Keep It Simple
Coffee Day opens up 2 wild targets that can help swing traders profit up to 300%?
Coffee Day stock has now moved from Stage 1 to Stage 2. This indicates a start of a new uptrend.
What's been brewing so long? (in technical lingo)
The basing stage has taken about 18 months from its all-time low of Rs. 14.25 in June 2020
The first weekly contraction was...
Diagram is self explanatory. Support and Resistance lines marked, Back Up to the Edge of the Creek setup(Bob Evans), however, a saucer/curve support line has been broken, can form a large cup and handle here before resuming the upward journey once again.
OFSS broke multiyear high with good volume.
MAde very good pattern which is saucer shape. Saucer shape is highly bullish pattern.
1st target is 6930...which means 2400 appx tgt
