SUNTECK | Breakout with Repeated Pattern formationSUNTECK | Breakout with Repeated Pattern formation
Stock clearly gives breakout - consolidation - breakout. And also it takes a strong support from the EMA
Sunteck_realty
SUNTECK REALITY FOR SWING TRADE SUNTECK REALITY given strong Breakout in weekly timeframe with volume.
and retest Fi golden zone with good volume,makes strong reversal candle.
Target 1 :524
Target 2:590
SUNTECK REALTY - SWING TRADE - 5th January #stocksSUNTECK REALTY (1D TF)
Swing Trade Analysis given on 5th January, 2024
Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance & Breakout - Done ✓
- Retracement & Consolidation - In Progress
- Change of Polarity - In Progress
#StockMarketindia #StocksInFocus #swingtrade #chartanalysis #sunteckrealty
SUNTECK REALTY: Long at 376 for a target of 410.Long Sunteck Realty if it closes above 376 on 24/01/2023 for a target of 5% (conservative) and 9% (normal) on the upside.
Multi Year Break OutCHART ->SUNTECK REALTY LTD WEEKLY SETUP
As seen per charts, there is few things to note:
1. In weekly time frame, it has given a Multi Year breakout.
2. 512 to 535 was a resistance zone for the stock which it did breakout this week.
3. Last few candles has been with good volume.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
SunTeck Reality Multiyear breakout SunTeck Reality has given a Multiyear breakout from a 4-year consolidation zone.
The volume are above average. Weekly closing above 540 will be important to watch
SUNTECK - Inverted H&S pattern breakout - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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SUNTECKNote:
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SUNTECK looks bullishIn daily time frame the SUNTECK is forming a Flag pole structure hence breaking the above resistance the price might reach the target of 640
Inverse H&SGood volumes near neckline. we can see a good move above H&S breakout.
keep in your watchlist
SUNTECK 3 YRS BREAKOUT3 years breakout. retracing.
pl. note this is bigger TF.
have to wait for couple of weekly candles to close
Sunteck Realty Flag formationNSE:SUNTECK
Buy only above 395
SL closing below 348
T 408 433 455
Closing above 460 can see 500+
