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
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🙏
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
---------------------
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 &...
26-May-21
NSE:TATAMOTORS
Stock in excellent uptrend, but faces lots of hurdles ahead
Pro's
Strong uptrend, and consolidating.
New 52w Hi, Plus Hight and tight consolidation indicates likely upmove soon
Likely Targets: 432-448, 548-564
Cons
Overall upmove likely to face multiple resistances ahead.
Consolidation ahead could be likely long drawn,...
![RELIANCE: Reliance [breakout +retest done]](https://s3.tradingview.com/s/S9dhBR2a_mid.png "Reliance [breakout +retest done]")
