Closed above trendline today. Chart pattern and levels mentioned in chart. Follow strict risk management.
Stock is moving in Symmetrical Triangle pattern on Daily TIMEFRAME on 4 hourly TF has created a good resistance at CMP, if breaks one can plan entry on restest If breaks triangle pattern aggressive trader can take entry on breakout conservative player can take entry on Restest and Bullish Signal Or For low RIsky Traders wait for price to fall on Bottom trendline...
SUNTECK | Trendline breakout looks good for 20% CMP : 496 (Dip : 475) SL : 450 Target : 590 1:3+ risk reward setup Target is derived based on Fib
ADANGREEN | RSI + Channel breakout - Potential for 30-35% CMP : 1226 (Dip : 1150) SL : 1100 Target : 1600 Almost 1:5 risk reward setup
mothersumi : cmp 211 trade setup : 1. buy up to 206 from cmp 211 2. keep stop loss as 180 on closing basis 3. targets : 239 / 270 / 350 / 450 /500+ 4. positional equity buy for long term technical setup: 1. cup and handle 2. trend line support buy 3. stock value buy note : buy based completely on long term basis and multiple breakout concepts . catching...
As u can see Btc is taking support at trend line and it is also old support of last bounce back. In daily time frame there is Engulf Doji star . Btc might bounce back from this point.
laurus labs currently trading in the triangle, high possibility of break out, target 1 - 570 target 2 - 650 sl- below 500 (daily candle closing basis)
In chart as you can see previously trendline which I have drawn as a channel there in chart has acted as a strong trendline resistance, price got pushed down every time it touched the zone/trendline/resistance channel. A Strong Breakout with such huge/unusual volume can be seen in chart and also breakage in (Lower Low) LL- (Higher High) LH cycle, can be a good...
Price is at a confluence zone and a breakout from the counter trendline can give a great move . If the stock goes to the previous high then you can easily catch a 20% move.
Go For long , after 140.50 is taken out by open and close in 4 hours time frame , Why ? Continuous Downtrend , consolidation at bottom , seems trend is going to end.
◾Trendline Support near 2300 ◾Accumulate a very small quantity whenever u get a chance....NO HURRY 👉 Do your own research before investing
Grasim staying below the trendline is looking weak. Keep an eye on the price action at the trendline, the level to watch is below 1590 -. ~ Breakout Stocks App
Though BANKNIFTY is continuously making higher highs still we can see a rising wedge pattern which is a pattern which shows bearishness and to support the same statement, we can see a RSI bearish divergence! Now we should only go only if breaches 38400 and 38500 more confirmation! Nifty is also at 18000 mark which is a very important psychological level which may...
GMM Pfaudler Ready for Breakout Levels are explained in charts with Entry, Target & Stop Loss. Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Tata Motors Cmp 504 dated 10.01.2022 1. Flag pattern On chart & a BO @ 502 Buy for a tgt of 570 SL 485 It is just a view, pls trade at your own risk.
Bajaj Auto Cmp 3435 dated 10.01.2022 1. Ascending Triangle Pattern 2. Rounding Pattern On RSI Buy for a tgt of 3560-3680-3780-3850 SL 3370 It is just a view, pls trade at your own risk.
Levels mentioned on chart. SL based on daily closing. Low volume stock. Adjust position size accordingly.