1. Almost forming Inverse Head and Shoulder pattern(blue marker) Strong buy trend in last leg 2. Broke 2 consecutive trend lines(red) 3. Expecting good upward move post US presidential elections 4. Ex CEO Re-Appointed 5. Rise in Advance and Deposits in Sept Quarter and YoY
Buy CDSL above 530 SL 490
Hello traders, Tata steel gave BO from more than a 2 year old trendline.this is super bullish stock and this too gave cup and handle BO. good for both swing and intraday trades.trade setup given in the chart. Thanks, Aniket.
On weekly, Price contracted beautifully and step wise. Volatility contracted which is eventually being followed by expansion. Great quarterly results. 12 weeks flat base. symmetrical triangle. Upper trendline BO with volume. Volume action in base suggests accumulation.
RCF looks good for buying once it breaks the trendline on the weekly chart(LTP 47.1). It is also forming a cup and handle pattern near the trendline. Targets can be 60 and 65.85
stock was in long consolidation of 18 weeks. then first it broke the upper trendline with volume. then it also broke out of range with volume. Today it gave BO retest with continuation pocket pivot from 10 DMA.
I'm waiting for this breakout nearly a week but i just missed it. now its break the trend line and going up and up.
8 week flat base. a flag pattern. previous trend is sufficiently digested now. Broke the upper trendline with pocket pivot. also its off 50 DMA.its also holding the gap up line.
GREAVES COTTON analysis , a simple and powerful breakout technique that can give you solid risk to reward
Buy - 480 T1 - 515 T2 - 550
Go long 👍, Be cautious about Retracement guys . CMP =209 Lot Size = 4300 Guys check out the related ideas as well, they worked really well ! FOLLOW for more ! LIKE if think is useful ! COMMENT Below your view !
Here in Endurance Tech, a long term Trend line breakout happened after that a retest is going on. BUY -1030 TARGET-1170 SL-971
NSE:HDFCLIFE Watch the price action at breakout level and take a trade. It might reverse from here as well.. Take a trade after it sustains the breakout.. keep it in radar.. Note: This is my personal view and I may go wrong.
NSE:ABB ABB Breakout towards 1000 in short term to medium term. Watch out and can take a trade with strict RR. Please follow, like, share and comment for more queries!! Thanks.
trendline breakout with good volume..good for longer positions
After Breakout & Retesting of the ABCD PATTERN; price has entered it's MAJOR SUPPORT ZONE & taking support here. If it breaks the next short term resistance of 90, expect 100+ levels. 🚀🚀🚀
1. RSI oversold and made higher high while on the line chart there was lower low that means trend is going to change 2. for perfect entry i waited for downtrend to reverse by initiating the trade after trendline break with volume and it is now the same 3. 1st Targets are mentioned as per longterm trenline & 2nd target is based on resistance DON'T forget to...
SBI is showing signs of reversal. 1) Tested the lower line of the channel. 2) Broke the trendline. 3) RSI has also broke it's trendline. (Reversing after touching the oversold zones.) TGT: 208 SL: 185