SHOPERSTOP trade ideas
SHOPPERSTOP LongSHOPPERSTOP Long
Today it breaks double top chart pattern also a breakout of ascending triangle pattern with good volume.
Buy above 273 (on closing basis)
SL- 240
Target- 300, 318, 355
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Cup and Handle BreakoutThe stock is looking good positionally for 8-10 percent more upmove. This was our btst shared and subscribers captured 20 points today itself. Now looking good positionally as well
shopper stop cup and handle buy above 260 weekly closeshopper stop cup and handle buy above 260 weekly close
Subbus Breakout Cup breakout may possible next week, if sustains above 270.5 my go for buying with T1- 318, T2-400, SL-251.5
Subbus Breakout Accumulate Till 221
SL-169.5
Huge buying volume will be witnessed once cup breakout is observed at 270.25 with
1st target of 318.95
2nd target of 400
SHOPERSTOP 3YRS DOWNTREND BREAKOUT DONE WITH HUGE VOLUMELast 3yrs Downtrend Breakout Done with strong Price Action and Huge Volume.
Price Sustaining Continuous Uptrend with Volume Support
POSITIONAL TRADE OPPORTUNITY
BUY @ 250 TGT - 300,400,500+ SL - 190
Watchout for Resistance breakoutThe stock looks good above 270 level positionally for good 8-10% further upmove
Shoppers Stop Looks Good !SHOPERSTOP : cmp : 261.6
A C &H BO done near 245-250 zone.
RSI trending up and closing above previous high.
Good to grab on dips.
TGT 294/315
Sl 234 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Intraday Trade: watch for resistance breakoutbuy above 270 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
SHOPPERS STOP - Monday TradeStock looks good for Swing and Intraday both.
For Intraday wait for 5/15 minute candle close above 270
SHOPERSTOP SHOPERSTOP (D):- 261.6 CMP LOOKS GOOD FOR MORE UPSIDE :)
1) Daily Breakout :)
2) Volume Spurts
SHOPERSTOP: CUP & HANDLE BREAKOUT
NSE:SHOPERSTOP
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
SHOPERSTOP: ELEPHANT GETTING READY TO FLY Investment Rationale:
1) Trendline reistance breakout
2) Volume Expanison
3) RSI indicating price strength
4) Stock price < 2/3 Tangible book value per share
5) Unlock Theme.
Targets: 321 & 416.
