Multi year breakout stock : SPIC 🚀 Stock has broken out of its resistance trendline connecting the highs during ipo of the stock in 1999 , pattern looks more of like a breakout retest in 12months time frame Fundamentals of the stock are also good : # Low debt co # Stock trading at a very low PE ratio of 4.5 # Constant growth year on year , boosting EPS #...
Stock is near to 52W high BO with strong volume spike maintaining supportive trendline, may break its ATH soon, follow chart for proper entry and exit levels.
Graham number: 1094.98 Debt to Equity: 0.73 P/E: 4.54 Industry P/E: 15.48 P/E is in FairValue Zone Current Ratio: 1.28 Profitable Continuously giving divident Warning: Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
UNITED SPIRITS Daily has trendline breakout/flag and pole breakout. Good to buy at 939 for targets of 1019,1242 with sl below 909
MARUTI Daily has trendline breakout/flag and pole breakout. Good to buy at 9945 for target of 11741 with sl below 9675
HINDUSTAN UNILEVER Daily has trendline breakout/flag and pole breakout. Good to buy at 2743 for target of 3097 with sl below 2696
There are sometimes when a stock completes its correction, makes a textbook chart pattern and start an up-move. This is what I have observed in NSE:DABUR on weekly charts. What a beautiful structure and just the right time to break-out. It even tested the 200 EMA on weekly and spend considerable time in forming its pattern. Now these patterns can be tricky...
Hammer near Breakout Retest Zone in Daily TF In Weekly TF Reliance Has given breakout of Inv H&S pattern for long term Bullish View Trading above Hammer on mon can give good RR next week with1st Target 2500 2nd 2600 with SL of 2420 on DCB
Indiabulls Housing Finance Daily has trendline breakout/Inverted head and shoulder breakout with 200 ema as support on daily candle. Good to buy at 123 for target of 158 with sl below 108
Bullish on the telecom giant stock as it has broken its important resistance zone and also previuous all time highs , stock good to be bought as long as its trading above 850 levels , stop loss at 820 , any dip towards 860-850 levels is a buying opportunity , targets of new all time highs of 930/990/1050 in coming days 🚀🚀🤓🤓
15 min resistance with a 4 points SL target of 100 points. The R-R is always low in my trades.
1. Trend changed 2. Breakout confirmed 3. 1:6 RR trade set up 4. ATH is the first target 5. 400 Levels can be the next, depth of the rounding pattern after completion Please follow &like & share for more analysis.
Intraday view - RELIANCE for 28-06-2023 Reliance closed @ 2496.45 Reliance was in consolidation today near 2500 and i see it will be covering all short positions tomorrow with a upside view of 2520, 2530 on intraday basis. Maintain a stoploss at 2485.
time frame 15 min, price moving below my moving average with a momentum on downside post retest.
Strong BO on weekly chart maintaining supportive trendline and volume build up also seen, follow chart for proper entry and exit levels.
Positional Cash Stock bought on the level mentioned on the chart. Recently I have been using FIB retrace for my Partial targets or if I have to add few more positions on retest. All I have is my moving average & supply/demand area using the average.
Stock has given move on daily & weekly chart with good volume and near to BO zone, and also trading above 200 DMA, follow chart for proper entry and exit levels.
NSE:BHARATFORG is looking great for an upmove in coming days , stock has broken out of its previous all time highs and also retested its major demand zone , a double bottom in weekly time frame showing buyers coming in the stock , SL of 10% for targets of 1000/1160 levels in coming days, medium to long term swing🙌🙌🙌🙌🙌