Crompton Greaves - Bullish Flag Breakout? After moving consistently within a Flag formed, the stock looks ready for its next leg up.
However, breakout of the Bullish Flag pattern has been followed by a tentative looking Doji.
Therefore, decision to buy will depend on tomorrow's opening (26.05.2021).
A positive opening looks like an opportunity to buy whereas a negative opening would move the stock back into the watchlist until the next breakout.
Stockstowatch
AMBUJACEM buy signal at 246/240 , Broke its resistanceI will look at buying AMBUJACEM because :
Ambujacem has broken its major resistance.
It has high chances of reaching 290 levels .
It has broken the resistance and that resistance may act as support .
Entry : 246/240
Target : 270/290
Stop loss : 230
Inverted Head & Shoulder Pattern * A beautiful chart set up in HPL Electric Motor Ltd. when volume is exceptionally low or high, it usually pays to take a closer look.
High volume represents that big players are participating. In this stocks inverted H & S breakout with significant volume at time of breakout .
BIG BREAKOUT AWAITS | PRIVATISATION | VALUE UNLOCKING This stock is just on the verge of a big breakout on it's weekly charts but that's not all it is one of the contenders to be in the next list of the companies to be privatized by the government, company looks really sound in it's financial statements too and all of these points make it loo really good to go from here. It has been an underdog from so long but now is the time for it to show serious bullrun. Just make your strategy follow the stop-loss and cash in.