Daily and weekly breakout volumes are good enough for the trade, wait for further confirmation once the price retest on 392.
Note: Only for educational purpose. No recommendation.
Good chart structure
Stock in its blue sky zone
Fibonacci targets around 460
Stop loss 385
I am just presenting my views.
For educational purpose only.
STRENGTHS AND OPPORTUNITIES
1. Strong Momentum: Price above short, medium, and long-term moving averages
2. Rising Net Cash Flow and Cash from Operating Activity
3. Company with high TTM EPS Growth
4. Strong Annual EPS Growth
5. Good quarterly growth in the recent results
6. Effectively using its capital to generate profit - RoCE has improved in the last 2...
parallel channel broken at lower side
48 days ema also crossed
when touch the D point may consider the stock
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
--Breakout stock
--uptrend continoues
--Target-400-450
--Holding period 2-3 months
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
#KALYANKJIL trading above Resistance of 341
Next Resistance is at 463
Support is at 241
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and...
Typical VCP characteristic,
1. Previous long term uptrend
2. Sideways for 50 days and breakout
3. Supported by 50 DMA multiple times
4. Volume profile suggest accumulation during this sideways duration.
#KALYANKJIL trading above Resistance of 275
Next Resistance is at 341
Support is at 202
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
TREND -POSITIVE,
PRESENT ZONE-1 HOUR SUPPLY ZONE
FORECAST -As per ZONE
must break above supply zones at 337/340.then will target 349.
MY TAKE- grinding may happen.gap up required above 340 for further rally
(Note-only make entry at DEMAND ZONE's & Exit at SUPPLY ZONE's for BETTER RISK REWARD)
IF FOUND USEFUL KINDLY CLICK BOOST ICON
any one who wants to add jwellery stock in their demat accont can go with this share , because as you seen in charts , kalyan jwellers follows traingle pattern in daily chart as shown. this pattern indicate bullish movement in the share. so if you want to outshine your portfolio you can add this share from tommorrow on words.
Holding period of this share is...
