Stock retesting from their support zone, and moving upside with volume giving indication to move upside will continue.
Post IPO, the stock had moved and corrected from September and has given breakout of trend line with volume. The stock has given breakout on hourly chart with retest but need to confirm the same on daily chart for swing trade. If retests trend line and moves up, 1st resistance will be 62.5, followed by 65.25 and 72 being major resistance as per Fib...
Short - Term Trade opportunity. CMP: ~ 58.70 ( Buy @ ~ 59) SL: ~ 53.55 Target: ~ 75.40 | ~ 88.20 | ~ 108 | ~ 188 ( Swing traders can exit @ 82.50) ( Targets calculated on the basis of Fib. and previous swings ) Disclaimer: I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading...
This is my trading journal, not a trade recommendation. Idea presented only for educational purposes for me and others who want to benefit from my experience. 1. As long as prices move is contained by deceleration channel( parallel channel ), the price action is countertrend, and once complete, it will be more than fully retraced. 2. The upper boundary line of...
Paradeep Phosphate A engulfing candle and after that stock become sideways on lower time frame Keep on radar
There is clear upside price driven by volume with good fundamentals as well
PARADEEP Cmp 66 stock in uptrend good for long term can add deep till 59 target open support at 55
Increasing Volume + bigger than usual bullish bar closing near the top = uptrend = pole of the flag. Sideways consolidation = Forming flag part of bullish flag= confirmation by decreasing volume. Breakout confirmation by increasing Volume.. Estimated Target= length of the pole of the flag.. SL below the low of breakout candle.. Education purpose..
PRADEEP cmp 42.10 Can go 47-50++ Invalid below 40 Volume popup, Positive on Supertrend