Shopperstop: Multi-Year breakout showing Bullishness Shopperstop is consolidated in two years and this weekly setup gives a breakout and showing bullish
Shopperstop
SHOPPER STOP 1000 ?Shopper stop is forming a upside wedge pattern with a good consolidation of second wave we can see a good breakout in upcoming days. Price will must need to go above 888 to form this upside wedge pattern
Thanks
SHOPPERS STOP - Swing Trade Analysis - 9th March #stocksSHOPPERS STOP (1W TF) - Swing Trade Analysis given on 9th March, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - Done ✓
- Demand Zone Retest & Consolidation - Done ✓
#shoppersstop
Shoppers stop consolidating near ATHShoppers stop has been in a bull run since 2020 and has given multibagger returns to its investors.
The stock has beautifully consolidated and formed a rounding bottom pattern and is currently near its ATH.
A weekly closing above 820 will push the stock to levels of 850,880+
However, there is always higher risk involved in stocks at ATH so trade accordingly.
This idea is shared for educational purposes only!
Shoppers Stop - Reopening ThemeShoppers Stop - Ready for Major Up-move !!
Entry Price - 410-420 Zone
Target 490-600
Stop Loss at 372
Disclosure - Please do R&D before taking any trade. NSE:SHOPERSTOP
Target 1 (36%) achieved in Shoppers Stop. Target 2 is ON...This is follow-up on Shoppers Stop. Can check link to related ideas.
Target 1 achieved. More than 36%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Shoppers Stop...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
SHOPPERS STOP BREAKOUTHORIZONTAL BREAKOUT in play. buy above the horizontal line and keep the stoploss as shown on screem
Shopper Stop - XABCD Butterfly Pattern NSE:SHOPERSTOP
Shopper Stop - XABCD Butterfly Pattern
Target - 280 and Reversal from there as This is a Bearish pattern
Short term pull back expected till 250 Level
Shopper StopUptrend,, asecnding triangle Festive Season,, Last year not many bought clothes
All the riches will buy explosively.. May give a good quater
Intraday Trade: watch for resistance breakoutbuy above 270 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Positional Trade - Shoppers Stop - Resistance - BreakoutShoppers stop breaks above a resistance at 231 on daily chart.
Buy: Shoppers Stop
CMP: 236
Target 1: 260
Target 2: 270
Stop Loss: 222
► ADVANCE PATTERN #16: SHOPERSTOP ◄► ADVANCE PATTERN #16 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly ❤ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and announcement regarding stock analysis.
▣ Key Highlights:
➟ Time frame Daily Ⓓ
➟ Horizontal Resistance ≕
➟ Trend line ⍩
➟ Triangle Pattern ►
➟ Long Term Support ≌
➟ EMA 350 ↝
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 234
SL: ☢ 220
Target: ➚ 260/275
RR: ☈ 1:2.9
Return: 17.5%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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SHOPPERS STOP - 5VCPBREAKOUT !!!
There could be a retest, therefore any dips near 220 can be added on.
Shopper Stop Is crazyOn 23rd of September Shoppers stop made an engulfing Bullish candle just on the support.
Also after that this stock is wandering around the same levels with good volatility.
Volume have dried up, which we can consider that distribution phase is over and accumulation is ongoing.
Overall a good short term trade can be taken out here.
Call:
Buy near 171
SL @167 (2%)
Target : 179 (5%)
Risk Reward (2:5)
#HappyTrading
Shoppers StopThe daily chart of Shoppers Stop looking interesting.
After a break down below Rs 350, the stock has been on a continuous downfall.
The daily chart is exhibiting positive divergence in RSI which suggests some rally is on card.
Buy for a target of Rs 165 to 170 in three months.
The stock belongs to small-cap and suitable for high-risk takers.
