#USHAMART Usha Martin Ltd. NSE:USHAMART NSE:USHAMART CMP: 97.75 Short term quick target 107+ Long term higher expected. SL: 89 Duration < 1 month Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above...
- Price coming out of VCP contraction range; - Spread value crossing over 50 ma; - Positive Volume Activity during VCP Breakout. - Accumulative volumes during consolidation. - Stock took a breather of 20% after 110% rally.
NSE:TATASTLBSL can buy above 95 or 100 SL closing below 85 T 110 122 135
Half can be bought here at 90 areas rest half above 95 for better Risk to Reward ratio Sl can be kept below 85 (CLBS) hourly Tgts upto 120/125
Good consolidation with triangle pattern ready to breakout. Good chance to go long .
HIGH VOLUME ON WEEKLY CHART,EASILY ACHIEVE 110 TARGET
NSE:TATASTLBSL TATASTLBSL forming good price and volume clusters on weekly chart for bulls. Prefer to the price area marked with blue box and volume cluster right below it. If you managed to observe the same you will notice that prices are now hesitating to close at lower level or supply we see is being absorbed and hence there is no good follow through for...