Stock has Given Multiyear Resistance Breakout Of Dec 02.12.2020 With Inverse Head Shoulder Pattern Confirmation .
Buy :- 432/-
Stop Loss :- 420/-
T1 :- 450/-
T2 :- 480/-
Stock is trading in upward trend
IEX share testing 793 levels as you can see in the chart after a good upward trend,
.
Now stock is testing 793 level and you can see there is a gap between 800-920,
.
So if stock goes above 793 you can buy this trade 800 is a strong resistance if stock break the level on tomorrow,
.
You can see the good upward momentum in this stock.
.
What's your view on this...
DLF was in upward momentum after crossing 345 Trader earn a good profit.
.
Now 421 is a strong resistance, DLF touched this level and goes down and then recovered.
.
Now the stock are in consolidation mode. If stock goes above 421, we can see the good upward momentum.
.
What's your view on this comment below in the box.
AMARAJABAT Share has near to BREAKOUT around 740.
.
Multiple times share tested the 740 level if it breaks, we can see the good upward momentum.
.
Our short term target is 760.
.
What's your view on this comment below in the box.
Hindustaan Unilever Share is near to BREAKOUT.
.
As you see in the chart, stock is consolidating near the 2800 level, once it cross the level.
.
We can see the good upward momentum.
.
Safe Trader can buy at 2803 level.
.
What's your view on this comment below in the box
.
Te le gram cha nn el : itstock0
LIC Housing Finance share is near to BREAKOUT. Once it break the 423 Level resistance.
.
We can see the good upward momentum, safe trader can take the once it cross the 427,
.
Our first Target is 460-61.
.
What's your view on this comment below in the box.
Orient Paper NSE:ORIENTPPR has a good almost a text book like VCP in progress. ( who cares if its called by a Cup & handle name or any other ) the bias does seem highly biased to me on the upside.
Stock Shifting from Basing stage and likely to move to advancing stage. The past FIVE weeks price action is suggesting an upward bias. Average volumes are also...
Yesterday cipla broke out from its range today it retested and started moving as expected.
.
Reason to Buy :
1) Broke out from triangle pattern with good volume.
2) Good price action in one hour time frame(Triangle breakout as well).
.
Stop-loss must be kept at previous immediate swing. RR ratio must be calculated before taking the trade.
Hindustan Unilever has been on an upward channel for a while. It seems to be firmly heading upwards. I feel if it bounces back up from the closest support line then it will keep heading upwards. Let's see if my analysis holds true.
Havell's has been on an upward tangent and I feel if the price breaks through 550 then it should head higher on this upward channel. Let me know what you think...
