Harrisons Malayalam Ltd has broken out of a weekly consolidation pattern on higher volumes today. Stock can test higher levels of 107/130 going ahead.
Reason : See the monthly chart :) TImeframe : As highlighted by the arrow P.S : It will take the company of Index too.
VEDL has seen a good day or two of range bound trading. I f VEDL crosses above 229.65 with volume tomorrow il buy for a scalp trade with targets of 231-231.50 and a stop of 228.30. i will trail my stops as and when these levels are reached till RSI turns downwards!
NCC Time Frame : Monthly CMP : 98.4 RSI : 63 It has made a triangle breakout with Bullish Bollinger Band Expansion... It is looking very bullish.. Its targets are 120/150/180+ SL : 95 which will be trailed... Note: Do your own study before making any positions... Please Like, Follow and Comment your views...
Stock is positive abv a close of 108 ( IMP today) and can look to test 120 on the upside.
A move past 54 in stock is likely to take it to levels of 64.
A move past 404 ( Last Swing high ) can do wonders for the stock. A big move expected post that.
Stock is a Techno Funda pick with a medium term holding period. The company operates in drilling rigs which are used extensively in mines such as coal, copper, gold, iron, zinc, phosphate, bauxite, lignite, limestone, etc. India is seeing an increase in mining activity after a deadlock of about 5 years. A theses in play here is that, a company which servives a...
A closing above 114 level will mark a new rally for the stock. Stock has already run up in recent times, a consolidation can not be ruled out. I would like the stock to move past 114 and then do a retest of the Breakout. Today was a low volume day and a consolidation in narrow range was seen.
ENTRY DETAILS: PAIR: BANK NIFTY ORDER: SELL ENTRY : 21502.75 STOP LOSS: 21981.43 TAKE PROFIT : 20893.53 R:R = 1:1.26
As discussed in in.tradingview.com the counter has at last broken the consolidation and started the upward journey. Its for long term perspective, the counter will definitely give excellent returns in 2 to 3 years span. Enjoy Trading...Trend is Friend...
Looking at first glance, I can find that 1-2-3-4 Waves have been made and 5th is runnning. While The secondary waves has also been seen till yet. Expecting prices to trade higher till 5th wave near 92-93 and We can see Primary corrective trend A-B-C till 80 or levels
Cadila Health Care prices are forming FLAG Pattern and prices are expected to trade higher if prices are able to break & sustain above 455 levels. prices can trade higher till its pole size. As per the pattern we can expect prices to trade higher till 555 or levels.
As its my personal view. I have seen that prices have made rounding bottom pattern and continuation pattern without correction can take prices higher till 1.618% Fib Retracement. If prices take correction from that prices may trade lower till 1.0% Fib Retracement. This is just for knowledge.
BSE - the oldest and largest, in terms of number of companies registered, Stock Market Exchange has been listed on its rival exchange NSE on 3rd February 2017 giving handsome listing profits to the traders, opened at 1085, hitting high of 1200 in the intraday itself and then closed at 1069.2 after hitting the low of 1065.1. The candle discovered was a inverted...
We have seen that prices have formed XABCD pattern and prices have given a breakout from that pattern. Prices are had formed Rounding bottom and breakout without any correction in prices near its resistance. As prices haven't correct or consolidate prices gained further and took resistance near Fib Retracement of 1.618 and started corrected. Prices are in...
After having an awesome movement, IDEA consolidated in narrow range. So the pattern which formed was FLAG. Recently prices have given an strong breakout from the pattern and likely to trade higher till 150 or levels which can also read as the size of pole.