A flat top/bottom is a drawing that can help identify a breakout before it happens. The Flat side is mostly the side that gets a breakout so in this chart, price may breakout upwards (mostly)
stock making strong price action showing strenth making higher low and resistance is same if break resistance it will goes up
SOLAR INDUSTRIES Breakout from a CUP pattern and PULLBACK done. Can give good Swing trade. Volumes are still below average. Keep an eye. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
Looking like is in retest phase and can expect bullish from support.
Breakout in Solar Industries Ltd with high volume..............
Buying SOLARIND in DAILY positional trade Good structure making HH-HL.
3 Steps for a swing trading. Proper Entry then patience for riding a stock and Proper exit when stocks shows weakness.
SOLARINDS towards 4260 / 4438 In Q1 RRG Gains momentum Impulse!
A False breakdown in the chart and making of bullish chart pattern Morning Star. We can initiate buy with given SL and Targets.
Solar ind near breakout , buy at cmp, keep the stoploss at 4000, target 4500
I analyze chart patterns, price-volume analysis, along with volume profile and avwap. Also check the momentum in daily and weekly charts. Finally make a risk-reward trade setup.
Nice pattern formed. Might be ready for a good move
Possible breakout from current level of 3860 Possible upside is 25% in 3 month. Up side Target 1 - 4000 Target 2 - 4300 Target 3 - 4500
SOLARINDS has given cup n handle pattern breakout at 4270 levels with good volume. Target: 4780-4800 levels in 2-4 wks SL: Hrly candle close below 4190
solarinds stong brakout happend, also long turm welth stoke..........................
As you can already see in the chart, the stock is peeking towards the upper trendline. I think that it may go to it only after it shows a perfect bullish sign or a Breakout + Retest. Whatever may come this stock should be in the main list for tracking it's upcoming moves!!!
Entry - 4015 Entry reason - Near trend line support SL - Close below support region of 3825 Target - first target -> 4200, then can trail
Inverted Hammer is form near resistance in SOLARINDS. if on daily timeframe red candle is form in next trading session then this stock will be more bearish in upcoming days. if it will break the resistance zone and sustain above then only thinking for buying this stock for swing trading. as of now looking bearing.