A uptrending stock with a consolidation forming CnH. Looks there is a nice time consolidation aswell. Going long above the handle.
The price at crucial support level, breakdown will generate great opportunity to trade short.
Positional Pick !! Accumulate for target of 350-375
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SAGAR CEMENT Long side Trade possibility . New stock on Radar. you can watch and decide your self. All Levels on chart. for more trade ideas follow us on social. TradeWorld1
Cup & Handle breakout, ATH CMP - 309 SL - 296(DCB) Target - 374
Volume & Deliveries: - Huge Accumulation was done on 15th & 16th June with 4.79 lac shares delivered (2.39 lac/day) while Avg. before was 17.2k shares per day. - The POC of Rally between 20th July to 4th Aug is around Rs. 272/- - Post Rally, 12.56 lac shares delivered with Avg. 2.51 lac shares per day just before dry volume consolidation. - Between 20th July &...
Chart Structure: - Price broke out of a Darvas Box Consolidation on May Mid. - After little consolidation, it again went up to All-Time-High range & consolidated again for a bit. - Price broke an All-time-high and rallied again. - Since Darvas Breakout, the stock rallied around 88% - Post Rally, the stock has been consolidating again and took a 14% breather...
The stock looks good above 1550 level for 1600 and 1650 targets positionally
The stock has shown a minor break out of the ascending triangle pattern today, coupled with spike in volumes. Cement stocks are expected to have good results this quarter, and Sagar Cements will be no different. Also, this stock is expected to be split soon (1:10), which can add on to the momentum. I feel this can be bought at current price for a target of 1295...
This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
add to watch list watch for triangle pattern breckout on daily candle
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
Stock Oscillates between 700-800 level. Now it took support at 20MA and has high demand zone at 700. *IMPORTANT LEVELS to WATCH* ENTRY @ CMP SL @ 700 Target @ 800 Demand Zone @ 700 Good Luck Investors❗ - GokulHari