In chart as you can see previously trendline which I have drawn as a channel there in chart has acted as a strong trendline resistance, price got pushed down every time it touched the zone/trendline/resistance channel. A Strong Breakout with such huge/unusual volume can be seen in chart and also breakage in (Lower Low) LL- (Higher High) LH cycle, can be a good...
NSE:BALAMINES is very good fundamental company.
after very big correction, right now Balaji amine is at very strong support and also making very convincing bullish engulfing.
one can add this stock to their portfolio for short term targets of 4472 and 5212, and a long term target of 15,000+
i am very bullish at balaji amines
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...
Thirumalai chemicals has formed a CUP pattern with heavy volume on weekly charts...expecting a huge breakout with atleast 30-40% upside from here
Study well and invest at your own risk
Self explanatory chart...GPIL is very bullish on technical charts also it is about to decide on Bonus issue due to which a strong Buy can be seen..
Please consult your financial advisor before investing. You may check our channel as well know your stocks
BUY - CURRENT PRICE
SL - BELOW 79.55
TARGET - 110.65
Disclaimer
We are not a SEBI registered analyst. These calls are for educational and learning purposes only. Doriwala1 is not responsible for any profit or loss due to your trade. Profit and loss are subject to market conditions and trader or investor sentiment. Always trade at your own risk. Please consult...
Fundamentally Strong Stock going to bounce back from the strong support great time to enter as post split profits have been booked and now big upmove expected. Target 800-810
Reliance can give a good up-move in the coming sessions.
Keeping it on radar.
Breakout was supported with huge volumes.
Strong above 2240-50 if candles closes convincingly.
NSE:RELIANCE
stock is has a lot of potential for growth in a very fast growing industry.(until over allocation and misallocation of capital happens by the management this industry will be very good, moderate entry barriers profit pools most likely to stay
just like WB said a shitty stock in a great industry is greater than a great stock in a shitty industry
levels are all...
So I am taking this trade on my basic 'Atleast 3 reasons to take a trade rule'.
All of these reasons are based on technicals and indicators.
Reasons
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1. Breakout in Daily charts with high volume.
2. Breakout of 0.382 Fibo levels.
3. Both RSI and MACD suggesting an upmove.
4. Share price crossed 20 DMA while being significantly above 100DMA &...
![RELIANCE: Reliance [breakout +retest done]](https://s3.tradingview.com/s/S9dhBR2a_mid.png "Reliance [breakout +retest done]")
