DMART starting from downtrend has accumulated well within bullish symmetrical triangle. if it breaks 4695 support it will go to 4455 and if it sustains above and closes above 4903 it should give a break out, the vol for today (15/12) is good compared with 10 days (252K vs 380k) and delivery is above 49%.
WIPRO today has closed on 646.90. entry was 647 which should be good as it has sustained a support above the triangle, would recommend to wait for one more candle for up move, if it closes above 647 tomorrow it should uptrend later. looks like a doji candle creation to me hence its better to wait for one more candle before entering.
market is shaky but if we will get good news on breakout we will go for long
Kusama is inside triangle pattern & also it is in falling wedge pattern in 4H time frame. at 214 ~ 190 the volume POC + 1.618 can be seen. Moreover, it also has trend support. so taking present market scenerio into consideration. it is more likely it will touch low price.
After good consolidation, the stock has given a breakout. Point Considered : a) Flag & Pole Breakout b) Triangle Pattern c) Moving Average d) Support and Resistance. Entry at Retest Level , Stop Loss and Target as per Pivot/Fib Level. Thanks
FSP Infosys is for long time has been accumulating within the range of 1848 and 1649 If it bounces from 1699 and gives a break above then we will be able to see a huge uptrend. Till, Then wait and watch.
1. Formed 2 Rounding patterns 2. After that stock rallied for 40%. 3. Price retraced to previous breakout zone forming Symmetric triangle. 4. Breakout from triangle pattern 5. Price may retest by retracing to breakout zone ( 68-70) and then resume the rally to Rs.90/-
L.T. Foods Cmp 73 dated 13.12.2021 1. Triangle BO @ 73 2. Volume increase 3. RSI BO Buy for a tgt 77-81-88 SL 67 It is just a view, pls trade at your own risk.
Daawat has given a nice and strong breakout from triangle in weekly timeframe. Targets - 90++ Stop Loss - 58 I'll prefer SIP on daily basis in 60-75 zone to average out buying. Expect a pullback before a very strong rally . Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including...
Ascending Triangle formation in IGL Buy only at Breakout or at re-test Target :-558
NSE:KOTAKBANK #Kotakbank descending triangle formed and ready to BO Ping me personally for levels.
ELECON ENGINERRING as per daily chart analysis has formed a Ascending Triangle Pattern and once the stock breaks above 210 level then target 215 is achievable.
1). Already give a good breakout but targets are high for -med-long term. 2). Retest around 547 to 559. 3). Its Dec time where people celebrate Christmas / New year and many Indian ideology shows travelling graph is high during DEC. So this surely affects fundamentals of company like PE ratio / revenue and other metrics in long term. probably this is reflected...
Easy Trip Planners Cmp 569 dated 10.12.2021 1. Triangle BO @ 572. Buy for a tgt of 600-635-660-690 SL 520 It is just a view, pls trade at your own risk.
Godrej Properties Cmp 2099 dated 10.12.2021 1. Symmetrical Triangle Pattern BO 2115 2. H&S Pattern ON RSI Buy for a tgt of 2170-2240-2290-2350 SL 2020 It is just a view, pls trade at your own risk.
It formed a descending traingle but it gave an upside breakout with high volume. Also after the breakout it touched the resistance-cum-support line but didn't go below that line. Target 1:- 290+ Stop Loss:- 220
Ascending triangle. Hoping for a bullish breakout in another 15 days. Target of 740-780++. Support trend line is the SL. Note: For educational purpose only. Do self analysis before you buy.