With a Pennant and an internal Inverse H&S pattern, this stock should give a good move on the upside once a breakout happens above 655. Targets of 680 and 700 are in place
Hi Guys, You can occasionally get these kinds of scenario in the market, HFCL is now sitting on the perfect support level and on the bull flag. Breakout may occur soon which can lead it to around 40, stop below 22.5. Fundamentally also it is a good stock, you can hold it for long-term also.
Hi Guys, There is an opportunity of swing trade in Jain Irrigation. Buy: 85.8 Target: 99.8 Stoploss: below 79.8. Reward/Risk Ratio : 14/6 = 2.33. According to the Fibonacci extension, the 3rd wave should be around 1.5-1.6 times bigger than the 1st wave, which leads us to around 99-101 levels.
Building on slowly but wil move towards 1422 soon. Little longer terms will settle at 1500.
Monthly carts are forming Cup and holder patter and any breakout above INR 200 can inch this stock to 340-345 levels. stable and rising crude prices will support the strong upmove.
Waterbase ltd CMP 112 Observations from chart... - Volumes are higher when going up & - lower when stock is coming down or in consolidation phase - the stock has given a triangle breakout _____________________________________________________________________________________ - long term target as per pattern set up comes around 212-220 zone - 128 / 160...
Hi All , I assume many members here might have gone through some Technical analysis Training programs , Be it indicators,Patterns ,Elliot/Neo wave , Gann Study or Trading psychological training (Online or Classroom session). In case you if you have learnt it on your own than what books /online resources you followed? Can You share (online link if...
Strategy: Buy the dip of 355 --------------------------------------- GAIL is trading in consolidation mode after hitting it's target of 400+. We were long from 325 and book profit at 390. We are calling consolidation from 374.90 price and expecting this consolidation will be zigzag correction and can extend to 355.