--Darvas box consolidation Breakout
--Flag and pole
--Tight range formation
--Target - 611/663/716/748
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time...
Long Welspun stock to take long entry above 550. keep the stock in your watch list. Also, this stock can be taken after the breakout. The stock is in a strong uptrend & taking support of 50 ema This is for your educational purpose only.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
Welspun corp posted fantastic results,
Also a rounding bottom breakout is observed
Expecting a 25% move from current levels
Buy zone 300-335
stop loss 265
#WELCORP trading above Resistance of 523
Next Resistance is at 614
Support is at 373
Here are previous charts:
Chart is 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...
#WELCORP trading above Resistance of 429
Next Resistance is at 523
Support is at 344
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Time to take out the 400 levels from year 2007-2008 once 350 is crossed. Frist murugappa group, then kirloskar group and now welspun group.
Multi year bo and points marked
Buy - CMP
Target - 700
Welspun is at resistance level and good resistance Breakout is expected.
It has already given a trendline resistance breakout.
Note: This is just a Prediction and not Recommendation.
#WELCORP trading above Resistance of 344
Next Resistance is at 429
Support is at 233.90
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
TECHNO FUNDA TRIGGERS
+++++++++++++++++++++
📌 Company expected to give good quarter.
📌 Dividend payout of 36.7%
📌 Stock has broken out of Cup & Handle pattern.
📌 High momentum
📌 Range Breakout
