I had prepared Westlife Development chart on 26-11-2020 that is yesterday. Its price was 419.25. There was clear breakout from the trend that was seen in the chart. Today the closing price of Westlife Development is 435.55 Can buy this in dips. Can see possible up move gradually as there is breakout. Technical target is ~497. Can go long with trailing stop loss....
Aisan Paints is forming a double top pattern in 1H time frame. Resistance at 2240-2245, Once the resistance is broken you can enter and the resistance should act as support. Earnings reports were also good with2.66 which is 28% above the expected returns. If the resistance is not able to break the enter a short position for a target of 2160.
As Nifty had formed an inverse head&shoulder on 15 minutes chart and today was a day it was sluggish moving in a flag pattern and closed after giving a breakout. Now it signs to move further to 11600 resistance levels.
-Mohit Rajani
Asian Paints had a clear breakout of its resistance with a bullish candle. As the sky is open for AsianPaints you can do value investing.
-Mohit Rajani
CUMMINSIND gave a great breakout through the line of least resistance.
BUY@456, SL@413, TARGET1@578, TARGET2@620.
All the best guys
Follow for more amazing breakouts and hit a like.
-MOHIT RAJANI
ASIANPAINTS had a very powerful breakout and a retest.
The wait is over and rally has been started.
BUY@1830, Target1@1900, Target2@2100, SL@1780
Target2 will get mostly acheivable by the end of October.
All the best guys
Follow for more amazing breakouts and hit a like.
-MOHIT RAJANI
It is satisfying all the rules which we follow :
1. Always buy/sell with the trend.
2. Always wait for the last kiss/breakout.
3. Always buy the second candle after retest.
Please follow the marked levels to book profit .
SunTv might breakout from its hourly trendline.
Below 381 can give good breakout to 375 levels. If 375 levels are broken it can further move down to 365-368.
Market looks bearish tomorrow and this could provide a good shorting oppurtunity.
NSE:SUNTV
Hey tradomaniacs,
welcome to a trading plan for XRP/USD!
Important: Wait how the market reacts at the trendline and follow the direction!
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Type: Swingtrade
PLAN A: Short (Trendfollow)
Sell-Limit: 0,445
Stop-Loss: 0,57593
Target 1: 0,28221
Target 2: 0,21561
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PLAN B: Long...
RELCAPITAL has seen consolidating in 420 - 440 range since a while. The stock is seeing bullish reversal, and can see a breakout. One can go long in the counter with Target of 447/457/470, Keeping Stop Loss below 420 (Closing Basis). Risk-Reward: 2.17.
RELCAPITAL Fut
Lot Size: 750
