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#sail very Billish Idea (16 year trendline resistance breakout)Sail Breaking out from its multiyear resistance trendline today in daily TF as well as todays is weekly closing also gives breakout conformation it looks very Bullish from this level good to hold above 125 for the view of longterm investment my view to this stock is 2x, 3x from this point also its outperform nifty500 index in weekly time frame Volume from past weeks increasing also confirms bulliness of this stock in my view this is the opportunity to invest in this stock for handsome returns
NSE:SAILLong
by Sabakarim
Can Paytm reach 1000 with this breakout?The infamous stock of Paytm which was the largest IPO at the time of its listing has eroded IPO investor's wealth by more than 50%. However, the strong has been consolidating from quite few months now. We have seen multiple buybacks from the founder and promoter in this stock during the same which was a positive sign. However, near the release of Q4 2023 results, the stock had started its uptrend by forming higher highs, higher lows. Now, the stock has given a breakout of inverted head and shoulders with heavy volumes last week whose neckline was 750. The stock has given weekly closing above 800 levels which is a big positive for the stock. The stock might face an immediate resistance near 840-850. One can keep this stock on watchlist for buying near retest of 750-760 levels if there is a retracement for big targets of 990, 1125. Note:- This idea is shared for educational purposes and should not be considered as a recommendation.
NSE:PAYTMLong
by chartistamey
2
SURYA ROSHNI for 60% (approx..) GainSURYAROSHNI is showing cup and handle Breakout on weekly chart. fundamental is also good. check on ( www.screener.in ) Volume is also good. CMP : 975 TG : 1400 SL : Below 21 EMA Stock's selection based on 5 Point Analysis: 1: Idea : Breakout. 2: Support : Volume, Delivery & VWAP. 3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. 5: Timing : Entry Timing on Daily chart. Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision. Learning : Stop loss is very important concept in stock market it will protect your capital but prepare to invest in another to recover your money from other one. If you don't know what is this ? how to place it ? go to YouTube there are 100's of videos available, learn from it. " Learning is Life ". Disclosure : Going to Hold
NSE:SURYAROSNILong
by SthitaprajnaYogi
2