WAITING FOR the breakout... RSI already broken out.... market bullish so take ur call..... if gives a weekly close above 104 then buy ... targets : OPEN disclaimer: for self
stock trading weak sell below yesterday's close for targets 90/89
The stock did brake out form long term down trend , and once it makes to 94 Price Zone and hold it is confirmation and can give us new higher in coming days This information is for Education only Regards
As seen PTC India has given a cup and handle breakout with good volumes on the daily chart. It is bullish in the larger time frames also. A conservative trader may wait for a re-test of the breakout levels. CMP: 88.45 Expected Levels: 100, 105 Exit Levels: 80 The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a...
Triangle breakout had happened at 83. Post breakout, it had consolidation in 85-88 zone for sometime. And now it has formed a bullish flag pattern. Any dips can be bought for a target of 125-30 zone.
stock gave a nice breakout with volumes and price one can look into this stock with sl 87 for tgt of 92
It has been Observed that in weekly chart Cup & Handle break out signifies bullish in nature. we can keep medium term Target 102 and long term Target 115 by keeping SL close below 80. Trade at your own risk.
The stock is still in uptrend so one can enter long at appropriate level. It is forming an ascending Channel and now getting support at lower level. Yesterday retest offers a very good opportunity to go long by providing a small stop loss of 84.80 on closing basis. Target one can look at least 2.5 -3 times of the risk taken depending upon the entry tomorrow.
With reference to my previous post on learning how to use RSI Divergence for trading. I've observed a beautiful trade is developing. The trade is almost ready so one can put it into their watch list, observe the price movement and take timely action.
Stock giving breakout on both weekly & monthly chart.
hello traders, ptc india is now in its support point.making a doji candle with high volume, that may be a reversal with a +ve rsi divergence, trgt of 85.50-86.50
Breakout can move this stock to its first target Target - 72.50 SL- 68.50
PTC india at Important level ptc able to break 92 then stock will hit 150-200 soon support at 55.