Wedge
ASHOKA BUILDCON on a Breakout!!On a daily chart ASHOKABUILDCON has broken the trend line and now its retesting the breakout line. If it closes above the red line ~95 (which is historically a strong resistance on weekly timeframe) we can expect a good move of upto 10% on the upside and the target can be kept if it touches the green line somewhere around 110 (but it can move beyond that as well which am not aware).
#PersonallyNotVested
Disclaimer : Kindly consult your financial advisor before taking any trade.
WATCH FOR FALLING WEDGE BREAKOUT !!!!!!!!!!!!!!!!POWER FINANCE CORP HAS FORMED A FALLING WEDGE PATTERN IN A DAILY TIMEFRAME.
the stock is yet to give the breakout of supply zone.
entry can be taken after the stock closes above the price of 118 - 119 in daily timeframe.
we can expect a 11 - 13% return on the stock.
keep an eye
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Anticipated Breakout in ADANI PORT SPECIAL to go LongReason to have this stock in your Radar:
1. Breakout from Triangle (Blue Lines) on 29 March 2022 after the price took support from Long term Trendline (RED Line)
2. Price might take resistance near Orange line. Once it crossed, we can have target at 886.
Target, Stoploss marked in Chart.
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