Stock is looking good, volume build up seen, monthly TF used, follow chart for proper entry and exit levels.
BERGER PAINTS Daily has trendline breakout + Inverted head n shoulder breakout + 200 ema support on daily candle. Good to buy at 615 for target of 704 with sl below 594
Stock is near to BO, massive volume rise seen, follow chart for proper support and resistance levels.
Stock is near to BO zone, follow chart for proper support and resistance levels.
1. Triangle pattern 2. False breakdown 3. Break of resistance trend line 4. High probability to reverse considering the false breakdown 5. IT sector to show reversal 6. Extra ordinary Risk to reward trade
1. Double bottom neckline breakout 2. Reversal pattern 3. Risk to reward 1:4+ 4. False breakdown (Bullish trap)
1. Big rounding bottom pattern 2. ATH breakout 3. Risk reward is 1:6+ 4. Best entry triggers at retest 5. 5 years Breakout (probability for 2-3x returns)
1. Double rounding pattern 2. Fresh Breakout 3. Target as per technical is ATH 4. Breakout confirmed with Banknifty chart
1.Price at major support 2. Downward channel (most likely to breakout on upside 3. Risk to reward is very attractive
MRPL Daily has trendline breakout with 200 ema support on daily candle. It has inverted head n shoulder breakout. Good to buy at 62 with target of 74 sl below 54
1. ATH & 52 weeks high 2. Breakout and at retest level, resistance turning into support perfect example 3.Trend is bullish 4. In line with market 5. Risk to reward is 1:6.75+
Stock has posted good result in march qtr and also stock is near to break out level forming round bottom pattern with good volume spike, follow chart.
As already said in psu bank analysis, all psu banks will post good results in this qtr, this stock again near to BO zone forming round bottom pattern with good volume build up, follow chart for proper support and resistance levels.
1. Price trading at support 2. Bullish falling wedge pattern 3. Risk to reward is 1:6+
Patel Engineering daily has trendline breakout/ Inverted head n shoulder breakout. Good to buy at 19.90 for target of 26 with sl below 18
RSSOFTWARE Daily has trendline breakout, with 200 ema support on daily candle. Dont buy at cmp. wait for retracement near 30 .. target 49 sl 25
Stock is near to BO zone post downward move with massive volume buildup on daily chart, follow chart for proper support and resistance levels.
Stock is near to BO level which has formed inverted pole and flag pattern with good volume build up, follow chart for proper entry and exit levels.