This one stock is roaring bullishly in this bearish market, the stock has been rallying since the last three sessions and there seems to be no stopping in near time. After yesterday’s 4% rally, the stock again surged 4% in the early trade, as its demand is not seeing any signs of suppression. Finally, today it has given breakout with good intensity of volumes on...
Chart is self explanatory. Stop loss target and entry point is clearly mentioned. Disclaimer: all information is for educational purpose.
Sterlite technologies pattern breakout Buy with sl - 145 Target - 157, 162, 170 Time frame (2-4 weeks)
Bullish flag breakout in Sterlite Technologies Limited
At import junction. Its previous resistance zone from 2018 levels and now the stock is challenging it. Comparative Relative Strength (CRS) against Nifty 100 NSE:NIFTY100EQUALWEIGHT is showing outperformance. Trending Moving average. Today Volume Expansion seen above average with Wide range candle on Daily,
Entry can be made at cmp for a target of 344 with a SL of 250. Bull flag formation with good consolidation can be seen.
Sterlite Tech CMP - 249 Stop - 180 on DCB Expectation - T1 - 400 T2 - Review at 400 Expected Holding Period - 240 trading days or earlier for T1 Ideas being shared only for educational purpose
buy at CMP and add till 222.. Closed at 233.30 after 2019.. good breakout..
** Inverted Head and Shoulders- The inverse head and shoulders occurs when a downtrend reverses into an uptrend, and is basically the head and shoulders pattern we have just analyzed turned H & S pattern . As such, it’s really just a gradual change in the direction of the trend, marked by a penetrated trend-line and weakening of the current trend. ** The Complex...
- Weekly Breakout candidate - outperformance - Swing/ Postional / Investment Idea
Support and resistance is marked on the chart. Good candidate for a short term target of 197.
Volume has declined on down move. Hourly chart has made pin bar candle. Volume on 15 min charts around present level has increased with lot of lower wicks. 65 DEMA may act as support. Previous swing low is in vicinity. Close abv 182 may start uptrend for 200+ levels with sl below 171. Disc : it's not an investment advice to buy or sell
USe All dips for the tgt 172 Short Term!
Education only.. No suggestion for buy/sell. CMP 162 - SL or keep buying near 157. T1 175 T2 180