Long viewMultiyear breakout;
Testing 2007 and 2022 high, if breakout happen then can give good uptrend move.
Caution: For education purpose only.
SOBHA trade ideas
SOBHA - Long Setup, Move is ON..NSE:SOBHA
✅ #SOBHA trading above Resistance of 902
✅ Next Resistance is at 1024
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Rounding Bottom On the waySobha Ltd. is creating rounding bottom pattern on charts next possible target would be 975
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in SOBHA
BUY TODAY SELL TOMORROW for 5%
SOBHA BO [Weekly]SOBHA BO again post last couple of weeks of shakeout. Beware of low volumes, this BO might not be with good strength. Keep an eye out to see if it attracts volume next week.
#SOBHA (Weekly)⚡️800% return from Mar 20 to Jan 22
⚡️60% correction from its recent top
⚡️Closed above Fibo 0.5 level of downfall
⚡️Momentum expected above 800
🔴 SL 715
🟡 CMP 748
🟢 TGT 823/935/1122
SOBHA:TRENDLINE BREAKOUTNSE:SOBHA has given a breakout from trendline. 3 targets for the same are given.
SOBHAsobha in weekly chart looks good for a buy as you can see it has broke resistance and close above the resistance can be good for buying
cmp 755
tgt 800,850,900
REVERSAL1. Sobha fell 60% from highs
2. first HH confirmation post fall on weekly charts
3. price sustaining above 20/50/200 WEMA
4. price sustaining above falling trend line
5. low cheat base breakout
6. 62 bars 432 days fall
7. 73% rise from lows
8. sectoral support
Long Setup in Shobha LTDAn Inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of NSE:SOBHA
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned on the Charts.
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shouldeer Chart Pattern
Technical Indicator :- Positive MACD Crossover
sobha - long inside bar formation
18>50>200 EMA while price is bouncing from 200 day EMA
target marked
SOHBHA Near to Resistance @ 693Closely look at monthly chart its making a trend line coming near to resistance @ 693Rs at same level profit booking can been seen which a drop the price below.
A Good oppourtunity can be seen at 430 level for buying.
Sellers may get active there or it can break check the price action at resistance
note : All analysis are only for study purpose. Make your investment or trading decision at your own risk
SOBHASOBHA
After good consolidation . The stock has given a breakout.
Positional Trade - 12-18 Months Hold
Buy some now, Keep Adding dips to 580
SL below 500
Target 900/1020
Momentum Gameake Weekly Swing Trade and Grow your Protfolio.
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
SL can be Maintained below Breakout Candle
SOBHA - Weekly AnalysisIn the Weekly Chart of SOBHA ,
we can see that, after Respecting the Trendline it has now created a Decision Making OR Halt Candle.
Possible momentums are shown in chart.
SOBHA LTD - 84% RETURNS!!!BUY - SOBHA LTD
CMP - Rs. 516
Target - 1: Rs. 735
Target - 2: Rs. 850
Target - 2: Rs. 950
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Technicals - Bullish Flag BO
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This is just a view by an expert analyst, please invest at your own risk.
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SOBHASOBHA:- Wait for a proper breakout in the stock, it can show upside movement as soon as it gives a breakout.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Buy Sobha LimitedBuy Sobha Limited (NSE:SOBHA)
Buy Range- 555 - 565
Target- 605 - 610
StopLoss- below 530
Potential Return- 8-9%
Approx trade duration 14 - 15 days
SOBHA BRAKEOUTTTTTTTTTBUY above high of brakeout candle at 484.55 with sl of 465.35 minimum 1:2 take profit
SOBHAwe can see an up move if price sustain above this trendline and here volume is also supporting price. Earning will be announced soon so this trendline is very crucial.
