Trendline and Resistance BreakoutPlease look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking profit for 1% - 2% For long-term trades look out for resistance drawn above closingLongby Breakout-IdeasUpdated 1
Long NELCAST - Move is ON..NSE:NELCAST ✅ #NELCAST trading above Resistance of 99 ✅ Next Resistance is at 121 ✅ Trading near all-time high levels which is a big positive for the stock Related chart: Charts are 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 educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby Sandeep_Aggarwal5
Breakout AlertWhen price break the well defined resistance line then high probability we will see a continuation move .by PrasantaP1
Breakout AlertAfter a strong consolidations when price out from the range . Good sign for Longby PrasantaP3
Buy Today, Sell Tomorrow: NELCASTDON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Book profits within the first 30 minutes of the market opening - Try to exit by taking 3-5% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA - SL can also be maintained as 1% or closing below the low of the breakout candle The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in NELCAST Buy Today, Sell Tomorrow: NELCASTLongby Kapil-Mittal116
Expecting Breakout with two possibilites This scrip is expected to give breakout in the coming days as it is on the verge of breakout and it will also having two possibilities and do your own analysis with proper risk management . Thanks to all 🙏🙏🙏Longby DY97721
Nelcast LimitedTriangle breakout pattern in Nelcast Limited. good time to take long positionLongby Swing_Trading_Chart111
NELCAST weekly time frame and daily breakoutI have provided the current breakout, stop loss, and profit value in the chart can go long.Longby pandiyarasutrader0
Nelcast , Buy above 67 Sl- 62 for target -80One can Buy Nelcast , Buy above 67 Sl- 62 for target -80, This idea posted for education purpose only.Longby d9012b331
Nelcast my view on upsideBearish view 1) If it has to breakout at bottom of channel then it must close below middle channel line this week. 2) As it already made some small lower highs but a spike today had disturbed the clear lower breakdown way so I expect the could move to upwardLongby shaikmohammadmadu2
NELCAST "TRIANGLE BREAKOUT"Stock In Watch List. See The Chart For View.Longby ShareMarketCoachUpdated 2
NELCAST may test 59 level in the coming daysC clamp Levels mentioned on the chartby NathanDrake0601Updated 0
Nelcast Short Term Trading ViewNelcast might break the red trendline and if it breaks then you may witness 53.50 followed by 56. In case it breaks the support level, then there is high chances it may touch 45 levels. Happy Trading Akme Analyticsby AkmeAnalyticsUpdated 0
Nelcast : Investment stock (Can rebound)Scrip can rebound back from support levels after bearish engulfing candlestick in play however scrip has managed to rebound back with small white candlestick in play. Confirmation is yet awaited to enter for short/long duration A bearish engulfing pattern is a chart pattern that consists of a small white candlestick with short shadows or tails followed by a large black candlestick that eclipses or "engulfs" the small white one. As implied by its name, a bearish engulfing pattern may provide an indication of a future bearish trend. Rest in charts. Bullish momentum sign 1) RSI indicator in uptrend 2) Sign of investors holding with large BH candlesticks as scrip hasnt corrected too much in spite of volatility 3) Fundamentally sound company which has managed to reduce debts henceforth decrease in finance costs in their Q3 results which has eventually increased their PAT/Regularly paying taxes/Sales growth equitybulls.com 4) Macro factors should also support the growth history like increase with government thrust on infrastructure as the infrastructure has stayed in recession since long so likely to uplift now, M&H CV segment already seeing growth in volumes news.steel-360.com Aiming towards TP- resistance zone and beyond thereon after entry confirmation until the scrip sustains above support levels. SL as per risk appetite www.screener.in Longby amankaviUpdated 4