WELSPUN INDIA RESISTANCE AND TRENDLINE BREAKOUTWelspun India technicals and Fundamentals looks good on both fronts, and the company can see subsequent growth in revenues in near future bcoz of govt supporting policies to textile industries as well as ease in covid restrictions will directly benefit Welspun, as it's a good chunk of revenue, comes from Hospitality Industry.
I have mentioned the Target Price of stock as per Fibonacci levels and P/E of a stock.
Follow me for more such Analysis.
Weeklybreakout
SOME OF THE SIGNALS FOR SUUCCESFUL BREAKOUTSZensartech has shown some beautiful indications of long-term bullishness, usually, these types of breakouts sustain for longer periods of time, have a full conviction on these types of trading setups.
Do follow for more trading setups like these
Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
KSCL | KAVERI SEED | Ready for UpmoveHello Traders, I am back with another Swing trade for this coming week. Smash that LiKe button NoW!
Kaveri Seed : Breakout & Retest Done on weekly Chart.
Looks good from here to reach 10-15% or even more. let see I am already IN.
recommended SL : below low of weekly candle
@Follow us ..Don't miss any new stock idea update. Good Luck :)
#monthlybreakout #weeklybreakout #multiyearbreakout
Likely to break monthly resistance and go for a huge bull runTatacoffee broke a major weekly trendline with good volumes. Now it is heading to break a monthly resistance which is at 183 levels. The stock also formed a rounding bottom pattern.
If the stock closes above 184 on weekly chart that is by breaking rounding bottom pattern and monthly resistance then we can expect a huge bull rally with 120 points as profit/ share.
Bullish view for long term Very bullish on Chambal fertilisers because of following price actions
1. Support from previous weekly breakout
2. Strong weekly breakout with huge volume
3. Support from weekly trendline
4. Strong short term trendline breakout
5. Huge volumes seen only after 2011
Huge momentum can be expected above 282 levels. For targets follow the Fib levels drawn on chart