KOLTEPATIL | Triangle + INHS breakout retesting - Potential 40%KOLTEPATIL | Triangle + INHS breakout and currently trading near demand zone - Looks potential for 40%
CMP : 290 (280)
SL : 260
Target : 400
Almost 1:4 risk reward setup
KOLTEPATIL trade ideas
KoltePatil - Cup and HandleEntry Price = 320.35
Stop Loss = 270.55
Target = 403.75
For Education Purpose Only
KOLTEPATIL :: LONG KOLTEPATIL :: LONG BUILDUP
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Buy levels 332 - 340 (price should sustain to these levels on breakout / retrace )
Initial S/L 310
Add more near near 345-350 on retrace
Trail using SuperTrend Indicator
Reasons for the probability
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Flag Breakout / RSI Trendline breakout
/**
Caution : Smallcap RealEstate stock... Prefer allocating <5% of your capital.
This is just a probability and trade only if you know about "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
KOLTEPATILon very good support level
we can see more upside levels in future in it
Not any recommendation
thank you ..!
KOLTE PATIL (HEADING TOWARD ALL TIME HIGH)1. In previous 3 to 4 trading days, Volume has been constantly increasing and moving towards all time high.
2. we can assume, if all time high broken and sustain in this month, the reward would be much higher than Risk.
Understanding Price using Timeframes!Initial Understanding on Weakly TF:
1. Pattern: A clear Inverted H&S pattern is formed which took around 3 Years to form and that signifies entry in the Stage 2 i.e. Mark-Up.
2. Volume: Volumes has seen a drastic jump this year as compared to previous years, which again tells the presence of bulls.
3. Resistance Zone: A number of times resistance zone between 275 and 288 has been tested multiple times making it weaker and weaker. It is normally seen that when zones either support or resistance are tested multiple times, a break from the same results in great rally on a single side.
4. Moving Averages: After a bearish crossover completed in Oct-2018 the bear trend was established which was broken in Dec-2020 with a bullish crossover and rising averages indicating the trend shift from bearish to bullish.
When the price broke and the candle is formed, there lies the two possibilities i.e.
(a.) A successful BO
(b.) A BO faliure
A successful BO is confirmed only when the High of the alret candle is taken out, which here is done. Therefore, we can say a successful BO has been completed.
It does not mean that it is sure shot rather the probability is in the favour of buyer.
Daily Chart Trend Continuation
With around 250 days of sideways momentum which also formed a right shoulder for the pattern on Weekly TF. Here, with mixed signals throughout the year no opportunity was given to the buyer to add shares in the portfolio but on Sept-1 a clear trend started to form indicated by rising EMA.
This gave the confidence to add the stock into the watchlist and add some alerts to time the entry.
Hourly Chart For entry
A close above the short term trendline is the zone for entry. Here, the price is indicating all the positives for a successful BO as observed in the weekly TF.
KOLTE PATIL BREAKOUT SWING TRADING SETUPKolte Patil has recently broke out its swing highs and heading towards new highs
Great setup to trade is breakout and retest strategy
So the pullback is coming with a bullish gartley harmonic pattern around 276-280 levels with stop loss below 270
Expecting targets of all time high in kolte patil i.e 400 levels
Trade accordingly
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Kolte Patil DevelopersGiven a monthly breakout...
Nearing short term hurdle.
Strategy : Buy near Retest / marked levels.
Like... Share... Follow...
Kolte-Patil Developers LtdKolte-Patil Developers Ltd
RSI : Bullish
RS : Bullish
MACD : Bullish
Staying above 288 may rally towards 340/380/465
buy At 275-280 levelinn weekly time frame it gives invert head and shoulder pattern breakout
Neckline is at 275- 280 level
So wait for retracement and then enter
Strong resistance breakCan go long at current levels stock looks very bullish as per price action levels marked on charts.
Do your own research before investing
KOLTEPATIL DEVELOPERS - SWING TARGETS OF 350/400Stock has made in Inverted HnS and given BO on WTF with huge volumes
Swing trade: long term resistance breakoutbuy at cmp and can add in dips till 285 for swing
keep sl below 275 DCB
Long in KOLTE PATILThis scrip had given a breakout from a symmetrical triangle pattern and also broke from the range as well. I expect a moderate up move in this scrip in coming months. First target would be previous high (35%) and i think it can be achieved in two or three months. One can have SL below the resistance or below the 21EMA based on their risk appetite.
KOLTEPATILKOLTEPATIL (M):-A multiyear breakout with good volume has occurred, and the upside potential appears to be promising:)
KOLTEPATIL (swing)This stock broke a long term resistance zone also formed a reverse head and shoulders patterns , looking bullish with good volumes, entry 298, stoploss 264, target 1 358
KOLTEPATIL, short term trade stock rejected near 290 multiple times closing above resitance can lead towards a good rally
educational purpose only
Watchout for 3 year old Resistance breakoutThe stock is testing it's three year old resistance and looks good for further upmove. Levels on the chart
Kolte Patil- Multiple BreakoutsFalling Trendline Horizontonal line & Inverse H&S Breakout. Volume is supporting and stock just turned positive on RS too.
KOLTEPATIL LOOKS INTERSTING ....BUY 280-283 TARGET 298 SL 270..... 1170 days ofconsolidate period buy and hold i thin we can achieve our target in 1-2 trading season .. volume supportive -DKM SIR
KOLTE PATIL - SHORT TERM Target achievedKolte patil hits the target T1 level (15% up).
Exactly in 1 month duration
Kolte Patil 1W keep 👁️ for tomorrow *For educational purpose only it's not a call do your own analysis. We won't be responsible for Any profit or loss.
Stock is given to you 2 days back keep watching it for tomorrow. If it breaks the resistance line then go long and hold tightly for short term.
Thanks!
#Breakouttrades......
