ARVIND LTD , gave a multi-year breakout today at the last 15 candle before markets closed. Daily/Weekly TF creating a Rounding bottom pattern suggesting a strong bullish trend ahead. Enter as per discretion or entry patterns || Look for a small retracement to enter.
Chart Pattern: Rounding Bottom
TF: Daily/ Weekly
Hold for Mid-term to Long-term gains
Sandhar technologies formed inverted Head and shoulders pattern in a weekly time frame. I believe all time high can be acheived till next year. Keep following for more updates.
CMP-1046
SL-910
Target - 1230, 1500
(SL for more risk takers will be 825 . After that only will the structure go downtrend.)
The pattern also looks ike IH&S to some point
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in...
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in...
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in...
Since March'21, stock was conslidating and now ready to blast for new milestone.
The chart is self explanatory with multiple support & resistance, Ema, Volume, RSI, other factor. As the stock break triangle pattern, expect a return of 25-30% in short term basis.
Trading Idea:
Entry at current level with stop level of 110 and target will be around Rs 160.
A rounding bottom formation after a downtrend along with breakout + pullback may give good upside move.
Keep on radar!
Keep learning! Keep supporting! Keep earning!
Double bottom formation on weekly TF after a solid downtrend is enhancing the probability of reversal of trend.
Along with it aggressive buying activity is inviting more buyers.
Keep on radar!
Keep learning! Keep supporting!
CMP-61.5
SL- 49 (logical and psychological level)
TARGET - 83, 120
1st breakout was sold into, this time broke with excellent volume and good delivery percentage
Can enter now with half quantity and add more around 59-60 levels
MCap - 580 Cr.
The stock has been in a range for the last 5 years, and it has shown exceptional volume action in the last 5 weeks. We can see a volume cluster forming with all time high volumes. The breakout candle is huge and closed decisively. Could easily give 50% returns in the coming few weeks.
SL: Depending on your risk appetite: Below Weekly BO Candle /...
The stock seems to be consolidating above its breakout area. The breakout resistance has turned into a strong support. Safe to buy on a closing above 127.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY...
Showing multiple patterns: 7mth H&S, 4mth C&H, 1mth C&H.
The stock has been in accumulation since the beginning of the year. Tried to breakout in June on good volumes, pulled back and stabilized in the 175-180 zone. Then made another attempt on massive volume but faced quite a bit of selling. Interestingly, even this volume of selling couldn't push the price...
