Bajaj Healthcare BO with volume- Does it look sustainable?
Cmp - 393.20 Buy @ 386_350 | WCBSL 304 | Tgt 480 / 500 / 560+
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
it has given flag breakout on daily chart and taken support at 20D moving average. and trying to break weekly channel. volume seems to be relatively higher. if it sustains above 400, then it is going to be a good breakout
CMP 880 1. This has been trading in triangular zone 2. made double bottoms at 805 3. in uptrend 4 . 120EMA acting as support note: currently volume is dry so look for increase in volume
Returned from descending resistance today. In a couple of days, if not tomorrow, 495 will be crossed hopefully. After meeting some hindrances it is expected to cross 580 by June end. If it happens so, it will give a break out then.
BAJAJHCARE has given a multi-year breakout with good volumes.Looks good for upcoming 2 years