MTAR gave a good breakout from a crucial level of 2395
It completed its retest today and bounced back exactly from the same level.
A breakout and retracement pattern can be seen.
Can add at this point for good returns
Partial booking when price touches the black trendline.
Full booking @2750 (Fibonacci level)
FOLLOW FOR MORE IDEAS
LIKE AND COMMENT WHAT YOU THINK...
It has given a breakout!
Good for targets of 350 in the short term and 390 for the long term.
Company has strong fundamentals and it can prove to be a good investment stock.
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
In KRBL, we can clearly see a formation of the cup and handle patterns on weekly charts. It has been trading below 300 for more than one year. It has finally given closing above 300 on a weekly basis. One can add positions from a range of 300 -325, we can see 400 & 560 levels on KRBL in 2-3 months time. Keep stop loss below 225 on weekly basis.
Keep following the...
Stock is in a good zone to accumulate with a good investment plan.
•Moving average is starting to show Bullish movement.
•healthy consolidation, Fibonachi Shows good support at 0.5 and .0382.
• company with strong fundamentals and value.
Accumulate now and wait for the breakout.
If its a reverse pattern, red confirmation candle could be the stop loss.
Pricol ready to break-out after the rounding bottom chart pattern created in a 3 years time frame. This breakout is considered as a bullish sign and we can expect some really good levels from here.
We should see 150 levels very soon here.
A cup and handle pattern is clearly visible on the daily charts while on the weekly charts, stock has broken a long-term resistance around Rs 76.
I would consider this pattern to be bullish and targets of around 110 can be seen in a few weeks. We can expect a minor consolidation before a breakout and those can be very good levels to enter the trade.
Kindly note,...
It's been a while since Kotak is falling, but presently a triangle has been formed and the stock is below 200 ema, and to its benefit bank nifty is in a rising channel, a breakout can be expected soon.
enter @3000-20 range
sl below 2970(risk 60 point)🙏
trgt 3150-3270-3400+
long 3700-4000++
🧩fundamentally strong stock.
🧩chart looks good.small risk high benefit trade.
🧩the stock is in a good support zone
🧩weekly chart.chance to continue its trend.👇
study then invest🙏
Swing trade Holdings
Entry : 1410
SL : 1398-1399
target : after break out needed to decide probably around 1500 -1550 - 1600
actually it did break the HH by crossing all-time high of 1471 but didn't sustain now came back near entry level !!!!!
this level is a support region and also is a EMA 30 min support which is a strong resistance
If anyone...
On higher time frame infy taking multipal times Support and Resistance From area that shown in Chart wait for breakout ....
big momentum we can see both side....
No tading Zone - 1320 to 1380
RSI also weak...Wait for Strong Momentum
One can take trade on smaller time frame only for Intraday with their own SL and Target
THE ORIENT ELECTRIC IS GOOD FUNDAMENTAL STOCK. IT IS CURRENTLY TRADING AT ITS SUPPORT LEVELS. IT'S GIVE A HAMMER PATTERN IS BULLISH REVERSAL CANDLESTICK PATTEN.
SO NOW TIME TO BUY ORIENT ELECTRIC.
TARGET IS 300 ; 330 ; 350.
STOP LOSS IS 255.
NOTE:- THIS TARGET IS FOR SHORT TERM ( 2 DAYS TO 3 MONTHS ).
BEST GOV. BANK NOW ON REVERSAL SO ADD IN YOUR PORTFOLIO FOR SHORT TERM THE FIRST TARGET IS 376 , SECOND TARGET IS 388 THEN AFTER 403 AND 420.
NOTE :- SHORT TERM ( 2 DAYS TO 3 MONTHS).
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