Looks Good on Daily Time Frame(D TF)
Wait for Closing above Blue line on D TF,
To initiate the Trade
Bearish Engulfing Strategy or Previous Swing Low can be used to find STOPLOSS.
Targets are on the charts.
Not a call/Tip.
Just for knowledge.
NSE: JKPAPER is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on...
Symmetrical triangle pattern breakout can be seen on weekly charts and retest has also been done. This indicates continuation of uptrend as evident from rising EMAs on all three time frames (Daily-weekly-Monthly). Good to buy at CMP with near term target of 450 with SL of 380.
A bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:JKPAPER
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly...
Stock given BO and then retested it's support. Again stock is giving BO on daily and weekly chart TF with good volume build up. Follow chart for proper support and resistance levels.
#swingtrading , #breakoutsignals
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