Stock after a steep fall has reached trend line support. Aggressive buyers can buy this with SL of close below 378 Target 424/444
DEEPAK FERTILISERS DEEPAKFERT Near Support, Small risk Sl 367, Target 385,390,398,411
breakout of resistance zone with high volume, now retesting it. It should reverse soon. SL - 265, 1st tgt - 302, 2nd tgt - will revise later in longer time frame it is in strong uptrend,
Making a beautiful Harmonic ABCD pattern, Deepak Fertiliser is expected to do well in the coming period with keep a good trailing SL of 275
Entry - 270.25 Stoploss - 263.1 Target - 282.7
After a upmove, the stock was making a triangle formation and expected to break the trendline. With a sl of 258, deepak fertilizers can be short for tgt of 236 (cmp 248.50)
for educational purpose only - deepak fertiliser is on the verge of breakdown. sell it below 245.45 with tgt of 211 with sl of 251.5. revise sl according to the price movement.
Rsi oversold area divergence on 5 min chart and bullish bat pattern on 15 min chart of Deepak fertiliser stoploss - 255 Target - 278 and 284
breakout trade Sl 196
Stock pattern is looking good but still waiting for buying trigger. Stock forming bullish BAT pattern exactly at FIB price cluster 175-179. As long as stock hold this zone we can see up move for given trgts. Here I must say " Patience is the key of successful trading ".