Trendlines are marked. If abv TL is broken we may see a big rally in the metal sector (jsw steel, jindal steel, hindalco, vedanta, Hindustan zinc, etc) further too. A good opportunity for positional traders and medium-term swing traders.
Stock has moved up after making double bottom and has broken the resistance zone to make new ATH.
There are 2 possible scenarios mentioned in the chart for stock's future journey. Kindly wait for right levels before taking any trade.
Intra - Buy if sustains above 1167 for 5-10 mins
Swing - Need to wait for 15-30 min candle close above 1167
EQUITAS HOLDING has finished the retracement on fib and its Ready for UpMove now with the Target of 105 with stoploss of 73 based on Fib Extension NSE:EQUITAS .
This is Only for Educational purpose, Consult your Financial Advisor.
L&TFH | Big potential trading opportunity as it is breaking long time trendline sharply - Potentially can see 80%
CMP : 106
SL : 90
Target : 170,195
Consider to hold for atleast few months to see amazing bull run in this stock.
In today's session, Maruti gives head and shoulder pattern on the daily chart. After this breakout huge downside expected. According to the pattern projected target possible 6132 in the upcoming few trading sessions. 6740 and 6300 levels will act as intermediate support during this fall.