Search in ideas for "CHART"
Bullish breakout in bearish marketHindustan foods has given a bullish flag breakout.
Risky trade considering weak market scenarios.
Levels mentioned on chart.
Its better to book quick profits or keep on trailing your SL.
Idea shared for educational purposes
OFSS- Cup and HandleOFSS is forming cup and handle pattern on weekly chart.
It can double from these levels. One can see 6500,8000 and 9000 levels.
Garware Technical- Triangle PatternGarware Technical is forming a triangle pattern with ABCD Harmonic Pattern wave on a monthly chart.
This can lead to extremely strong moves as this is on a longer time frame. Targets could be 5500/6500/7000.
Tech Mahindra- Moving out of consolidationTech Mahindra can move towards 1500 and then 1700+ levels as it has broken out of 1 year of consolidation of weekly chart. Best buy price would be 1170-1190 for this.
ICICIBANK#Watchlist
#ICICIBANK Monthly (Multiyear Chart):-CMP 874.4 Looks Good Above 880, ICICIBANK Ready For Big Blast :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
#StockToWatch
Sleeping giant-DLFDLF is a sleeping giant of the real estate sector. It is forming inverse head and shoulder on daily chart and has decent volumes. Looking at monthly charts this can move towards a level of 1000-1100 in 2-3 years. If one has patience. This could turn out to be multi bagger.
Caveat: A lot of people are stuck at higher prices since many years so moving high will be tough but if some strong player carries this with volumes, the target can be acheived.
EXIDE-300 Coming soonExide can move towards soon. Breakout and retest done in monthly chart and Supertrend has given buy on daily chart. Can accumulate more above 235 which is a resistance.
Gillete breakout retestGillete providing 1500 points reward with a risk of 366. looks like a great buy with RS crossing 0 and RSI above 60. This is after support taken at 50% retracement of breakout at 100 EMA in hourly chart.
ChartofolicI am basically focusing on Chart Patterns....analysing price action based and volume based chart.
Biocon result Preview#Q1WITHRS
#BIOCON
Result Preview- Stock will post the bad result in a comparison of last quarter and the stock result will be inline or below estimates as per chart.
Stock Levels- BIOCON after bad result there is a limited downside not so much downside.
Support- 540 to 550 is good support level on the chart and their levels will play so much important role for stock trade. Members can go short only if stock able to break 535 and trade below these level otherwise stock good for bull
