TARGET 160.10 SL 178.06 ALMOST 1:1 RISK REWARD
It is been observed on Daily Chart that the price action breaking out from a downward trending channel consolidation, indication of a bullish move ahead. Target 1: 171 Target 2: 175 Stoploss: 164
I will be looking to sell on rise at or Near 167.05 with Stop of 175 for target of 163/162 Cheers
It is been observed on the Hourly Chart that the price action forms a U shape Cup and a channel shape "Handle" in order to complete the a cup-handle pattern. Measurement is the interesting part of it as it is been respected accurately. I hope it adds value to your trading experience. Regards
The chart has been on a downtrend for a long time and is now showing signs of reversal as it has held it long term support zone of 140 and has also broken the downward sloping channel. Should be bought once critical resistance of 146 is breached.
Have already started the move up after a cypher pattern completion. We can expect the following targets: T1: 169 T2: 178 SL: 137
Mcleod Russel has taken strong support at the price 140 and moving upside. Targets are given in the chart. Very long trade!
Price is in protracted phase of consolidation. Am looking for crossover of the 200-DMA. A subsequent retest of the 200-DMA would make be a willing buyer. Have already bought a token quantity already.
Tea sector is available at rock bottom price as winter is on the way.Any Investors can be a part of the business by accumulating tea shares.Note that this is not a trading Idea .It is a part of investing in penny stocks. As the consumption of tea is increasing regularly and the tea plantation is not expanding accordingly in future tea become a luxury...
It is been observed that the price action breaks above the new resistance level , now it shall further move up to 162 levels and above. Target: 161 Stoploss: 155
It is been observed on the daily chart that the price action first got into range and then breaks and closes above the range indicated bullish move. And now, the price action breaks above the prevailing long big trendline, indicating buyers in action and control over prices. It shall further move up from the current levels. Target 1: 150 Target 2: 153 Stoploss: 144
There is clean resistance Break on MCLEODRUSS along with divergence. A good upside can be expected ahead.
It is been observed on the daily chart that the price action completes a bullish Cypher Pattern by reching 78.6% retracement level of (X-C) indicating a bullish move ahead. Target: 158 Target: 160 Stoploss: 148