Nifty is moving in a channel and after giving fake breakout it is now at top of the channel. This means its next move can be the bottom of the channel. And if not it can give a breakout and a good trend can initiate.
Bullish setup in CAMS which is fundamentally good stock and a trendy one for last few months.
If it test the previous resistance trend line then
good buying opportunity with good RR ratio as we can place stoploss below resistance line of
pattern or support line of pattern as per your RR ratio or money management.
This is my own analysis.
Take decision with...
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📌 Strategy: Beautiful and long consolidations like this are not only amazing but also tells the story of a mover in making.
🗝 Pattern here is a bullish flag pattern that too above an important level
🗝 The chart here is of the Daily time frame and breakout done...
In this Birla Corp. stock we have witnessed multiple breakouts in bullish trend for almost now a year.
This trend line is now a major support.
These are the multiple points where an investor or trader can take entry
and can efficiently plan a strategy and do money management.
And price action makes analysis simple and easy to understand and is least...
may be aftr support 29 to 30k bitcoin will go high......if it forms MORNING STAR ON 4 HOURS TIME FRAME And MACD confirmation.....buy BTC ....FOR HOLD BUY HUGE
JM FINANCIAL CHART LOOKS GOOD !!
IT'S A CUP & HANDLE PATTERN BREAKOUT !
CMP 111
TGT 125/140/150++
SL 102
New 52 Week High.
Growth in Quarterly Net Profit with increasing Profit Margin (YoY).
Book Value per share Improving for last 2 years.
Company with Zero Promoter Pledge.
FII / FPI or Institutions increasing their shareholding.
Strong Momentum: Price...
ORIENT ELECTRONIC CHART LOOKS GOOD!!
ITS A CUP & HANDLE PATTERN BREAKOUT.
CMP 333
TGT 350++
SL 324
SHORT TERM VIEW 1 MONTH.
Company has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 26.25%.
Company has been maintaining a healthy dividend payout of 32.37%.
A Triangle pattern with a respected trendline and a higly support zone.Good Beakout and Retest of a triangle pattern is seen in Havells daily Chart.Go for long position with pivot levels as target.
