SUNTECK 3 YRS BREAKOUT3 years breakout. retracing.
pl. note this is bigger TF.
have to wait for couple of weekly candles to close
SUNTECK trade ideas
SUNTECK REALTY Long SetupSUNTECK REALTY Can go long at 410 with stop loss of 355. Target 465 and 520
Break Out done on Weekly Time Frame!Break Out done on Weekly Time Frame. Stock looking all set for the mentioned targets. Calculate Risk To Reward Ration and enter accordingly.
CUP AND HANLDE - SUNTECK REALTYSUNTECK REALTY IS LIKELY TO GIVE A BREAKOUT. THE BREAKOUT IS SUPPORTED BY STRONG VOLUME. RSI IS SHOWING STRENGTH AND MACD INDICATES BULLISH TREND.
Long Term Opportunity in Sunteck RealtyGo Long above 394.1 for Targets 538.2 with SL 250
Reason to go Long :
1. The stock is forming Dow Theory in the form of waves (A - B - C - D - E).
2. Also stock gave trendline breakout with high volumes.
3. if we draw the Fibonacci retracement tool from recent swing low (point B) to recent swing high (point C) then we see stock took support from 0.5 Fibonacci level.
Intraday Trade: resistance breakoutbuy above 400 in Intraday which is previous day high
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.
Sunteck realty on verge of giving a breakout Sunteck realty has formed a new 52 week high and is almost on the verge of giving a breakout on the weekly time frame with nice volume strength. If the breakout is supported through then the first target can be at 458-460, and the second target can be at 490.
Disclaimer : This is not a call and I am not SEBI registered / Authorized. This is only my personal analysis.
Cup and handle breakoutCup and handle breakout after 2 years as reality is booming it might break the resistance level of 380 soon to go above 600 in 6months to 1 years
SUNTECKSUNTECK: Looking Good
Rounding Bottom Pattern Breakout Sustaining Closing/Above 389
Buy Above/CMP 378.10 Add Every Dip Stop-Loss 350-330 (Safe) 240 (Risky)
Target 410-440-470-500+++
If fail to Sustaining the above 389 Level then will try to create
Head & Shoulder Pattern Add Every Dip Until 315 Stop-Loss 295 (Safe) 275 (Risky)
Target 405-460-515-570+++
Positional Call
Sunteck Realty Flag formationNSE:SUNTECK
Buy only above 395
SL closing below 348
T 408 433 455
Closing above 460 can see 500+
Sunteck Reality25-Jul-2021
Sunteck Reality in consolidation at upper levels.
Buy 378, SL 350, TP 450+
sunteckRealty sector is in focus after lockdown. sunteck is near its supply zone, and ready for big move with volumes.
Sunteck weekly chart Sunteck break the week support trend line.. Also cup and handle pattern form in weekly chart
#SUNTECK ..Realty sector is exploding .. watch here for breakoutPrice is consolidating in a range .. Upon a good breakout a decent RR is possible.. Watch for breakout in the coming weeks.
See the chart for details
SUNTECK Ready to fire+ Low Debt Realty Sector company
+ Break out of Symmetrical Triangle Pattern on Week chart
+ Breakout coincide with Breakout on CNXRealty
+ Increasing Momentum supported by ADX and MCAD
LONG SUNTECKEnter in SUNTECK between 275 and 250....wait for reversal with volume on lower TF........ No sl as it was for investment purpose....... Immediate target for swing traders will be around 435,520 and long term above 650 easily......levels are marked........ best buy if goes around 175
SUNTECK is now at 377 from 301On June 4, 2021 Shared Suntek
#SUNTECK #SUNTECK is forming cup with handle pattern
Trend reversal is also confirmed.
if you are ok to take risk buy between 301 to 310. if trend goes up
otherwise buy @ 358 to 363, this is confirmed breakout.
Targets are mentioned in the chart
SUNTECK REALTY - Probable Up Move1. NIFTY Realty sector has given a 10 year breakout after an unsuccessful attempt in 2018
2. Sunteck Realty has formed a SYMMETRICAL TRIANGLE pattern on a weekly chart since Jan 2020
3. High volumes during pattern formation shows accumulation
4. Indicators showing momentum and uptrend
5. Probable entry would be at the breakout from the pattern
6. Half quantity at the breakout and half after retesting the support can be one strategy to enter the trade
7. The pattern height is 200 points - So, target can be 200 points from the point of breakout
Risk:Reward = 1:4.5
Entry: 360-365
Target: 560 (Sorry! I miscalculated on the chart as 150 points at 515 but its 200 points)
Resistances at 390 and 450
SL: 330
Time period: Mid term
Disclaimer: The above is NOT a buy/sell recommendation. Only for educational purpose. Kindly do your analysis before taking any trade.
