Trianglebreak
Vedl Quick ProfitVEDL has broken out of its resistance after consolidating right on it and it has done so on above average volume after taking support from
its trendline and is giving an opportunity for a quick profit.
Target 354.90
Stop loss 314.45
Option data has had a massive increase in open interest and shows a long buildup
Keep It Simple
Triangle pattern Breakout in SAILTriangle pattern Breakout in SAIL
From the past 2 years stock was in a down trend forming triangle pattern. Finally it has given breakout from this down trend on 02/01/23 with good volume. In todays trading session price has managed to close above breakout candle. We can expect a decent uptrend in coming days.
All possible targets are marked on the chart. Maintain strict stop loss at 72.5
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:SAIL
BHEL DAILY CHART ANALYSISIn daily chart, stock has already taken supports at demand zone and started to move up. In short time frame we can also see a previous high break of 46.60. Watch out for trend line breakout in Daily time frame for high Risk to reward trade. We can enter trade if price manages to close above 50. All possible targets are already marked in the chart.
This is just my observation. Do your own analysis before making any financial decision.
CGPOWERCG POWER:- monthly trend breakout. keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
PVR | Simple trendline breakout - Looks potential for 20%PVR | Simple trendline breakout - Looks potential for 20%
CMP : 1830 (Dip : 1800)
SL : 1700
Target : 2200
1:4+ risk reward setup