Huge breakout after 6-years can be seen in weekly charts of Godrej Industries. Volumes near breakout is also high which is a good part. The stock is ready to move in blue sky zone where there is no prior resistances.
Disclaimer: Chart shared for educational purpose.
Gujarat Alkalies is giving a strong breakout after almost a year. The stock is also forming ascending triangle breakout at the same time. If you closely observe the chart you will notice, the stock was in downtrend since Apr-2022 and now the long consolidation range is broken in upper side.The target of ascending triangle is 962 level which is also the immediate...
From Nov'22 high stock was under pressure and tested the Jul'22 on 27-Mar'23. From there prices are bouncing back forming higher high and higher low on the lower degree time frame. There is also a formation of INVERSE HEAD & SHOULDER PATTERN which is a bottom reversal pattern whose neckline is 655 and currently prices are trading above this level on weekly chart...
NBCC
On daily chart give falling wedge BO
and now trading at weekly resistance level
Buy above 33 for short term targets of 34.5 to 36
Partial booking at 34.5 levels; but if sustain above 36 then add further for 5-8%
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
Please...
If the price comes back to 135.15, then take a short to 115.20. From 115.20 take a buy and hold till all the way up to 213.80 with a trailing stop loss.
#JSWEnergy, If the price breaks 80.55, then enter on the pullback and take a short till 74.10 (countertrend), then the price is likely to shoot up from 72.85 till 94.00.
Our target was hit exactly in 31 days.
Hope everyone could understand the price action.
We also give the reason why you should take the trade.
It also reversed exactly from the target.
Deepak nitrite moving in an Ascending channel making it bullish
#positional
Deepak Nitrite CMP 971
Add in dips till 890
Tgt: 1000, 1300, 1500
Sl: 845
Timeframe: 4-5 months
Tata chemical formed descending triangle pattern and is about to brk in either direction with 2 strong demand zone at 480 and 430 levels which will act as support levels.
So after a retracement Tata chemical should again start up move for a tgt of 550+ soon.
Intrady levels
Tata chemical cash levels
Buy abv 507.1
Tgt: 510, 513, 517
Sl: 502
Sell below...
