Stockstrading
Bullish Flag Pattern in ZEE ENTERTAINA Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:ZEEL
Flag and Pole pattern is a bullish continuation pattern and it is visible on the charts after a meaningful appreciation in the NSE:ZEEL
MACD gave Positive territory on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 270-275 levels with the stoploss of Rs. 242.35 on weekly closing basis. The 1st target will be 290.10, 2nd target will be 306.10, 3rd target will be 331.20, 4th target will be 346.65 and fifth target will be 358.55.
Risk to Reward Ratio is 1:3
This study is for education purpose only.
Cup & Handle Breakout in GULFOILLUBA Weekly Bullish Cup & Handle pattern is visible on the charts of NSE:GULFOILLUB
Cup & Handle pattern is a bullish pattern and it is visible on the charts after a meaningful consolidation in the weekly charts of NSE:GULFOILLUB
MACD gave positive crossover on daily, weekly and monthly time frame.
Levels will be posted after the successful breakout.
this study is for educational purpose only.
Weekly Flag & Pole Breakout in Responsive Industries A Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:RESPONIND
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful apprication in the NSE:RESPONIND
MACD on verge of giving Positive crossover on Daily chart and already positive crossover given on Weekly charts andmonthly chart. So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 315-330 levels with the stoploss of Rs. 260.55 on weekly closing basis. The 1st target will be 370 , 2nd target will be 414.10, 3rd target will be 462.20, 4th target will be 506.65 and fifth target will be 550.55.
And finally this study is for educational purpose only.
TATACHEM SHORT 15 MIN on a larger frame tata chemical has been within a range however on 5-15 min frame it has already given a short entry last week. However Entry, SL, Tgt points are mentioned on charts which are derived from FIb tool to avoid any random Target or SL as per us. The key here is that I am using fib tool after my experience that you should not place SL/TGT as per your thought process but as per the chart requirements.