Look For Buy (Positional)
Entry :- 655 to 660
SL :- 634.50 or 627.60
T1 :- 669.80
T2 :- 682.20
T3 :- 702.20
T4 :- 734.60
Keep Your Eyes On Index
(Risk Must Be Managed.)
Give Me A Thumbs Up...👍
😜Follow For More ✔
CMP = 2957.70
Target = 3273
Stoploss = 2797
lot size = 250
At a support zone shares are accumulated for nearly 7 trading days and now on the 8th day there is a breakout with decent volume
It can be false breakout also so be cautious before making trading decision
so we can see a good upside movement ahead
Show your support by like And comment om my idea ....
Reliance has broken a rectangular pattern in daily time frame and it is at all time high levels and in upward momentum.
Reason to Buy after Retracement:
1) Pattern breakout
2) Good volume at breakout
Indicator supported this breakout:
1) Bollinger bands
2) Moving Avg.
Planning on Buying at retracement. Stop loss will be below immediate support level.
The stock has given a Textbook breakout with supporting volumes, after a good 1-month consolidation. Aggressive Traders can enter immediately & add on dips. Conservative Traders should look to add on a dip around 390-400. SL should be kept as 370 on the EOD closing basis. Positionally, traders can target for 430-440.
A very powerful pattern in State bank of India emerging. If it breaks out it will probably make all psu banks rocket too.
long above 200 with volume for a target of 250.
Keep an aye for this. look for other psu banks too.
Glenmark has shown a bullish reversal on the back of very large volumes. If this trend continues, it could possibly be the bottom for a long time to come.
Long can be initiated for a medium term trade.
Target 1: 500.
Stop Loss: 310.