This is the analysis of INDOSTAR in Weekly Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks.
There are some...
NSE:INDOSTAR
cmp is 193.45
locked in upper circuit today
1st tgt is 230 and when this hurdle is overcome, 280-300 is achievable
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry...
INDOSTAR - Merger or Tie-ups with JM financial looking very strong for the target of 160-180+ Recent Buy from Carnelian asset management.. keep sl 110 and go long...
It is the time to buy INDOSTAR on the following grounds:-
1. It has reached 52 week low.
2. Its stock price has reached the lower band of Bollinger band in daily, weekly and monthly chart.
3. The stock price is almost touching r2 of pivot points.
4. RSI is below 35.
5. EMA 10 and 20 are about to touch.
6. A Doji is forming signalling that the downtrend is coming...
Why do I prefer taking trades at 3:25 p.m.?
Most stock prices rise significantly after 3:25 or fall just before 3:25, forcing us to enter at a lower price. Second, we simply want to be as close to the closing price as possible because many intraday positions are squared off at 3:20 p.m. and the price remains somewhat volatile for the next 5 minutes. In my...
INDOSTAR : cmp : 373
A bullish engulfing kind of pattern has been formed in weekly chart.
Making higher highs for 3 days.
If it surpass and sustains above 390 a huge bying move possible in short term.
So keep on radar !!
It could be like nahar cap, which was my previous reco.
Tgt may be 415/438/451
SL 353 Dclbs
Positional TGT 580
Sl 340
Disclaimer: Ideas for...
Indostar long
Keep an eye on 375 levels
a weekly close above 375 will be good breakout
Buy above 375
SL-345
Tgt- 420, 440, 500
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Trendline Observation(s). A simple trendline breakout on 2H Chart of INDOSTAR CAPITAL FINANCE. BUY above 350 -> 355, 360, 365. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
INDOSTAR is inside cannel pattern and gave a breakout in weekly. Once tried to break channel. Now again good opportunity to buy.
RSI is above 60, good Volumes, above support level,.
BUY AROUND 330-340🤘🏻
