The price should sustain levels at 80.Enter above 81.Volume accumulation also looks good. Have patience.
NSE:WALCHANNAG Levels are Mentioned in the chart... Look for Swing... Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for...
Triangle breakout -Levels are given on chart
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Kindly take entry once u get a proper breakout or reversal from the levels, please support my views
BUYING OPPORTUNITY IN WALCHANDNAGAR
This looked like a perfect Cup and Handle pattern. Stock surged once it broke the resistance.
Buy Walchan Nagar Industry at 96-99 SL 89.5 Target 120,135 ,150+
WALCHANNAG (Walchandnagar Industries Ltd) BUY ABOVE 94
levels as mentioned in the chart.
Vol Price Action suggests a BO coming
The stock is gearing up for a big breakout on the weekly and monthly time scales! Giving an inverted Head and Shoulders pattern, the stock can perform very well over the next 1 year! As an investment post breakout one can expect good returns to ensue. One can expect a retest of the breakout once it happens post which it shall give its due move!
The stock can be bought in tha range of 168-174 stop loss 140 Target 190/215