The stock is in a very positive trend and it has potential for quick returns.
Technical View: Chart: Trendline resistance breakout with rev (H&S) RSI: 62 (Bullish) ADX: 50(Bullish) MACD above signal and center(Bullish) Price above all SMA(Bullish) Buy NIACL at CMP for 275 levels. Chart is self-expalantory.
NIACL, making flag pattern, enter after above trendline breakout, going to fly after that.
1) Inverse Head and shoulder pattern breakout 2) Breakout-retest-continuation can be clearly seen on the charts for the 2nd time. Can be bought for a target of 180. CMP-175. Please Like and follow! Happy trading :)
recovering from lower level with stepping step uptrend pattern sustaining above previous major selling level 174 there will be no such resistance left for the stock also closing more close to 52 week high suggest a more up move indicator - macd sustaining bearish crossover + RSI above 65 suggesting a spike movement is waiting in this stock
If results are bad it will come to 165-166 range. Can enter at that point with Stoploss at 159 Target 1 - 189 Target 2 - 219 Target 3 - 238
IN WEEK CHART ,LONG TREND LINE SUPPORT ..UP SIDE BREAKOUT NOTE - EDUCATIONAL PURPOSE ONLY
I have been putting out messages to buy this, If you have still not decided then It might be your last chance! :D the 100% return train is about to leave the stations. ~Show some love in likes & comments, if my analysis are turning your portfolio GREEN..! :) Happy Investing >> on to >>> 100% returns soon! :) P.S. - Invested.
stepping rise pattern has advantage of support at every swing with minimum down side fall
Shared this earlier, Now its a fresh breakout. Key is to invest early and enjoy the ride of insane profits. Cheers to all co-passengers! Other players: - Spandana = 3.5% up - TITAN = 3.14% up - TATA CONSUMER = 1% up all these performance in falling market! :) ~Disclosure : Invested
NEW India Assurance Buy above the previous 3 month high for a target of 300+.
Weekly looks bullish and golden cross and RSI also on bullish side
long in cash when candle closes above trendline target for long term 304
A simple trade | Good Risk to reward as well :) I hope this series helps people to trade alongside me in breakouts i see and read :)