CREST trade ideas
Can give us 65% moveAfter being in a long period of downtrend the stock has earlier broke the neckline of Inverted head and shoulders pattern and moved by 40 points. It is again on a verge to retest the previous neckline which will act as support now. So looks good for 202 as first target.
Crest Ventures RETESTING AFTER STRONG BREAKOUT Crest Ventures After a Strong Breakout Retested Monthly support Level 115 , If Stayed above 110 Then Next Move soon Possible
Upside 150++
crest VentureCreast venture having a good portfolio in real estate sector. recently it has break out
Resistance taken oDouble overhead resistance taken out with volumes.
Strong base at 106
target of 146
DOUBLE BOTTOM ON MONTHLY BASIS AND BREAKOUT ---CREST VENTURESstock has formed base after fall on monthly timeframe..price has took double bottom which is a sign of bullish strength and breakout conformed the pattern
Ascending triangle breakout in crestWait for the retracement near 115 to 120 levels for the target of 160+ very soon...
buy crest venturesit has given ascending triangle breakout in weekly chart. one can accumulate between 126-116. we may see around 185/220 in coming weeks. view negated below 90
second attempt with average volumeno volume builtup seen in recent time
only at breakout volume is not good
spike volume is also not good
lets see if sustain hurdle of rs 116 it will be successful breakout
Crest to keep up with crest(the high tidal waves)NSE:CREST has come out of its downward fall and took support from the same and will keep pushing over the montrhs to make a new high.
Watchout for Resistance breakoutThe stock is making and inverted head and shoulder pattern and looks good above 107.7 level for targets of 114, 119 and 130
Crest venture - Gap up with high volume + DojiScrip has already shown gap up from consolidation channel with higher volume however, Long-legged doji has appeared
Long-legged doji
Convey a sense of indecision or tug-of-war between buyers and sellers. Prices move above and below the opening level during the session, but close at or near the opening level.
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Post confirmation at around 263 price range, One can enter and aim for price targets as defined as company has shown good progressive increase in Q2 QoQ PAT
www.equitybulls.com
Also, Scrip can see corrections due to profit booking e.t.c however, one should be fine with retaining the investment till it is above support level
Rest in charts..
#CRESTVENTURES Ascending triangle breakoutBreakout from ascending triangle on Daily charts with nearly 7 seven times volumes. Buy on retracement towards 200 for a target of 260; SL: 184
