Swing:Trade watch for flag breakout and long term Trendline boBuy above 391 if breaks Tl and than will rally more
CARBORUNIV trade ideas
Super bullish move -break expectedBig bullish move from the support level which breaks the resistance. Expect a retest shortly if reverses it will go up again. . .
#CARBORADUMUNIVERSAL - BSShort Term Long
Breaking above 305, can see 314, 324, 345.
SL 300.
15min chart shows multiple wicks at bottom. And the 304 region was heavily tested so far. Hoping the momentum to continue.
Missed a big part of momentum which was my BG footprint setup.
Major Resistance Breakout & RetestingABCD PATTERN COMPLETION with AC Trendline Breakout.
Stock broke Resistance zone by high price action, now going for a retest. After that🦸🏻♂️🚀
BULLISH ABCD and CUP & HANDLE PatternCurrently on Fibonacci cluster support levels. Also formed a Bullish ABCD PATTERN. Waiting for trend reversal confirmation
Carborundum Universal: range dominationDespite touching the trendline, prices were not able to bounce back to the channel line. This points to a change in price action and calls for caution. Possible range shown.
TECHNICAL ANALYSIS FOR SHORT TERM - CARBORUNDUM UNIVERSAL LTDCARBORUNDUM UNIVERSAL LTD LONG AFTER 265
TARGET 275+
range barLet's see whether price can break 255 and close above it. the big bar range is still holding the price on a closing basis. Volume was too high at 230. I think people might have triggered stop loss at 230 and position has shifted from weak to strong hands on break of low of big bar candle. Let's see how things play out
Long 21-03-2019
Can be bought from current levels (358), SL 330 (DCB),
T1-420, T2-450
Time From 10-12 months
CARBORUNIVCARBORUNIV good for 410!! CCI finally crossed zero after twice getting rejected from zero level!!
Ready Steady & GoHigher Top higher bottom, triple bottom & well managed Murugappa Group's company and favourable time for Infra related stock, I believe stock is ready to move further towards new high. Short Term Target-302, SL-268
