Key Highlights: 1. Potential change in MS underway 2. Still in consolidation mode 3. Symmetrical Triangle pattern 4. Flag & Pole formation 5. Early entry will give a better RR ratio 6. Support zone: 262-267 7. Target: 296, 320, 332, 350. Stop loss: 263 You are always advised to use an appropriate Risk-Reward ratio as per your strategy. P.S: This...
One can expect a break up open as happened on GodrejCP with the same pattern.
#JSLHISAR NSE: JSLHISAR LONG TERM INVESTMENT CMP 191.30 Target : 251.80 SL : 171.60 Timeframe < 60 Days Can hold for longer time Factors: Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
VEDL is going to breakout from 11 year trendline. Very good entry point is at the trendline level and minimum target would be 491.
Channel breakout on hourly timeframe ..target mentioned on chart
Stock is currently forming a falling wedge and descending triangle pattern and is showing signs of support at 264-265 levels on a 1Hr time frame. If the pattern is broken on the upside till 275 could be seen. Upon breaking, 275 levels of 280 and 287 will be the next target. Upon breakdown, a fall till 253 and 250 can be seen. You can follow my blog...
Price slicing down and the pressure is building up for the break, one can expect a good break in this stock in the coming sessions.
accumulate stop target final target for 2 year view
VEDL intraday setup for Monday 24 may 2021, trade at your own risk, published for educational purposes only.
IF VEDL closes this monthly candle above 300 level.. watch out for another 50% movement upside quickly. Looks extremely bullish on technical charts.
VEDL(Weekly) :- Breakout done at 246 Target 500/550++ with Stop Loss 200 Below 1) Multiyear Breakout :) 2) Finally Break HR Zone In 4th Time
Once after breaking the resistance price tested the breakout level and then moves up to the target quick as shown in the analysis. Now one can expect the price to hover around the resistance levels and once it breaks this levels and sustains then chances are good for 300+.
vedl chart analysis for intraday and swing trading
buy vedl above 232 keep Sl 230