PARACABLES: Triangle BO neededPARACABLES is hovering at the support and it can consolidate for a few days and it can jump from the support. Targets are marked on the trendlines. If someone requires a SL in Cash stocks then you may follow DCB (daily closing basis) below the triangle.
NOTE: I'm not a SEBI REG. Study before investing.
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JKIL (Asc Triangle Breakout)J Kumar Infraproject Ltd (JKIL) has formed an Asc triangle pattern on DTF. The stock could head towards 800, 820 in the coming few days. Also, good volumes can be seen on the DTF. Stop loss can be placed at the low of Friday's closing candle which is 644. Support at 715.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
Big Bullish Brekout of Daily Flag PatternA Bullish Breakout of Flag and Pole pattern is visible on the Daily chart of NSE:SMSPHARMA
MACD gave Positive crossover on Daily and will give positive crossover on Weekly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
LindeIndia BestBuyStock made a Higher high with Very good volume and Strong Bullish candles.
Now consolidating without much fall in price., which is a clear sign of Bullish Consolidation.
RSI gave clear sign of Entry. Now Price action need to confirm the Entry in weekly timeframe.
Daily timeframe PA is formed. Buy above the Daily Priceaction