If it trades above level of 390 then I think crossing of supply zone is confirmed then I am hoping for 490+ SL big at below 300
LOOKS LIKE A CHANNEL PATTERN BREAKOUT WITH GOOD VOLUME IN IT. ENTERING AT 480. LETS SEE HOW IT WILL PERFORM. WHAT DO YOU GUYS THINK ???
DAILY SWING CALL // Friday 28th of May 2021 // NSE:ALLSEC // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 395.2 TARGET: 455+ (15% Around) STOP LOSS: 355...
this stock after giving breakout has done pullback and now again trying to break swing high at 390 there is also a long term resistance around 410 above which we can buy it for swing as well. For Intraday- keep qty less as this stock is not very liquid. For Stoploss use 5 minute chart and see nearest support. for target also use 5 min chart and fibonacci...
The stock has given Trend Line breakout and also given Rounding Bottom breakout on the daily chart. MACD crossover also confirming bullish bios. RSI also indicates a continuation of the trend. We can expect a price target of 400 in the near term. Also closing above 412 will move the price further towards target of 460/485.
buy above 356 which is bit risky safe side buy above 368
1) Multiple rejections seen in this zone in the past & trying to breach 1-1/2 year old resistance zone 2) Trading above 50 & 200 EMA in weekly chart.
Trendlines and levels are marked. Its a clear 3yr. channel breakout. See the volumes yourself. Absolutely what a spike in volume and extremely bullish candle plus an IT sector stock. Can buy on dips from now on.
Drawing on chart. Horizontal Blue line is first target.. Take your informed decision.
BEST LONG AT 240 WITH SL AT 228 TARGET AT 285
It seems to be bullish. the first target be of 324.87 with a stoploss of 299.
Allsec tech a Buy Call for a target of 400+
Can look to go long above a daily close of 407 with stop near below 350 for a target of 475-480 can be a good play.
Once 360 breaks, it will be worth taking a long with stop at recent lows till its result day in May