CESC trade ideas
CESC: Can Power Your PortfolioAll mentioned & plotted on Chart.
Global Market in Selling Mood.
Better to LONG Near mentioned SUPPORT Arena (@ 974 - @ 969).
My personal View. If matched, Like & Share
As i am not SEBI regd. analyst, take this study as educational purpose.
For taking trade decision Consult with financial Advisor.
CESC - Break out above 4 months of consolidationNSE:CESC has broken above its 4 month of consolidation between 1080 to 960.
Go long above - 1094.60
T1 - 1140
T2 - 1186.40
SL - 1041.40
Long on Pull back I am not so aggressive on this stock currently , I will look to buy on Pull back with reversal sign in 30 Mints if price drops
bullish wolfe wave buy for the target of 1062 and 1080. once it crosses the resistance of 1039 you will see upside
CESC - Strong Consolidated Breakout It has been observed that the price action consolidating after reaching to new highs and now it is breaking above it indicating a further move up to new highs.
T1- 1050
T2- 1080
SL- 1015
CESC in sweet spot One more time CESC managed to hold previous support zone.
Stock is poised for break out above 50SMA and Downward sloping Trendline.
CESC Neckline BreakoutCESC has been respecting the neckline for long. Awaiting a breakout/reversal on account of results.
Long On Pull back Any drop near 1020 to 1007 Zone is buy for Target of 1085+
Stop would be 990
Regards
CESC CESC is buy above 1060 for target of 1100. Sell below 1040 for target of 1020. SL shall be breaching that support line in both trade.
CESC VIEWCESC
CMP 1046
The stock will see demerger of shares and will be divided into 4 verticals in October viz:-
- power genreation
- power distribution
- retail
- others
Now coming back to charts
On weekly charts the stock has given a nice breakout and the stock may be heading towards 1160-1200 zone
Immediate Support at 1023-1030
Stronger support at 996-1003 levels
Hope it helps to Plan your trade accordingly... :-)
Tc and safe trading...!!!
Bearish ABCD Pattern Bearish ABCD Pattern
Short after formation of next red candle and keep the stop loss as top of the green candle
can we see all time highs on this again?symmetric triangle breakout on daily charts. potential targets mentioned as fib levels
CESC :: Strong Breakout in CESCCESC can be a positional long idea with Stop at 970 and targets of 1184
CESC Symmetrical triangle break outCESC has given break out, it is buy for target of 980, 1000 & 1015. SL 940
Can it break the triangle?Well hello Guys; good to be back after lot of requests am posting this chart of CESC. cmp 958 i think one can initiate longs with stop at 928 targetting 1050/1070. Please do share ur comments below .Thanks..
CESC: Lightening Ahead - Result Series.CESC : Lightening Ahead - Result Series .
Reason for LONG:
#1. TENKAN SEN (@ 884.95) & KIJUN SEN (@ 881.15) Bullish Cross OVER
#2. HIGH & CLOSE Above KUMO Cloud
#3. Crossed GANN Arch 3 X 1
#4. Crossed GANN Line 4 X 1 with Volume.
#5. Closed Above FIB Retracement 50% (Recent H-L ).
SUPPORTIVE BREAKOUT ALSO FROM TECHNICAL INDICATORS & OSCILLATORS.
Go LONG: +0.50 to -0.5% of CLOSE.
Best LONG: @ 897 to @ 900
STRONG Bounce Zone @ 889 too @ 884
For Intraday / Swing TARGET: @ 911.60, @ 913.5, @ 916.70 - @ 919 (HZ), @ 925+
More TARGET Levels on Chart .
SL: Below @ 875 (By Closing)
More Updates Later.
FnO Strategy : On QUERY .
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
CESC elliott wave analysisThe wave pattern in CESC suggest that we are in 5th wave of C.
It could end anywhere in the region marked in blue rectangle.
Once done , we might see a decline to 790 levels.
One should use lower time frame to identify trade setup. as of now the stop loss is too far to take a trade position based on daily charts.
