PFC 1Month analysisPFC has been forming a long term TRIANGLE
pattern, and now it is at the verge of breakout
we can see higher levels after the breakout,
we can enter above 153 and the SL will be right
below the upper trendline, 137-140 will be a support
level, if the breakout fails it might return to the lower trendline
make sure you maintain your SL's if u want to enter
168 nd 190 will be the targets
Trianglebreak
Triangle breakout in cosmo filmsI observed this position yesterday but failed to post it. Anyways the stock clearly shows bullish move and above 1500 can even see fresh impulse. MAximum target here can be calculated as height of the triangle plus earlier high which is 1477. so maximum target is 1777 (1477+300). Since the breakout has already happened here risk reward is more like 1:1.\
Disclaimer : This is not a recommendation to buy . One should conduct his/her own due diligence before buying.
POWERGRID - IntradayMy hunch is the trade is going upside. However in a triangle anything is possible.
The Buy zones are mentioned in blue lines.
The stop loss levels get triggered only once the buy zones are triggered on closing basis of a 5min candle.
***** Risk management is very important. DON'T LOSE MONEY.
TRAIL THE STOPLOSS AS THE PRICE MOVES HIGHER/LOWER.
Apollo Sindoori Hotels Limited (APOLSINHOT) Triangle breakoutApollo Sindoori Hotels Limited is continuosly following triangle breakout pattern and also giving respect to support zone between 770-790 , good consolidation can be seen in the chart , indicators looks good too, bouncing from the support and can be buy with good RR ratio.
Buy Above 820(for Risky Traders) 844 (for Safe Players)
Stop-Loss 820
Targets are marked with orange Horizontal line
MAHINDRA & MAHINDRA
Buy at Market or Buy Stop Order
Target:- 1007
Stop Loss:- 780
Duration:- 9 to 12 Weeks
The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. It is also a descending triangle pattern. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.