#SHALPAINTS - 176.6 HTF Momentum, in Q1 RRG Entry done at 176.6 Target 1: 178.35 Target 2: 179.45 Target 3: 181.2 SL: 169.85
CMP: 181 Flag and Pole pattern breakout after a little consolidation.
SHALPAINTS looks good above 165 (CMP 172) till 288 weak below 113
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
#Chartoftheweek SHALIMAR PAINTS looking strong on charts Could be a good buy candidate for this week if sustain above 120 Keep eye on it DISCLAIMER ( Educational Purpose ) All investments involve risk. Please Do your analysis before initiating Any trade Good luck !
Inverted Head and Shoulder in Shalimar Paints. Seems promising once the price breaks out of the supply zone. Trade at a bullish confirmation candle at a retest of the current supply zone.
Price forming a falling wedge pattern and it just breaks out in the last session and it couldn't hold the move and almost went 50% down. One can expect the price to move up smoothly from now.
SHALPAINTS (WEEKLY):- CMP 117.15 looks good for more upside :) 1)Multiweek Breakout :) 2)Volume spurts