Cup and handle pattern breakout expected target 660 stop-loss 505 upside potential 20% Watch for a retest.
Westlife has given a good breakout with volume and have also beautifully retested and respect the zone. Targets mentioned in the chart.
FACTORS TO CONSIDER Multiple patterns: 1.5yr C&H, 3mth C&H, 1mth VCP The price has been stable. Volumes are drying up. 4wk Volume RSI is at its support. The stock may show a move anytime soon. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move,...
My wave analysis suggest a nice momentum buy possible. DO NOT buy now, let it drop first to 465-468 levels and then once you get a reversal sign, get into the trade with a small SL as indicated in the chart. Happy Trading.
bullish above 424 sl 392 target 500+ risk is yours n reward is too urs.. oversold ... leading indicators
Note: 1. Views are personal and for educational purposes only. 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 educational purpose... Aftermarket...
we can see good up move above 535
Note: 1. Views are personal and for educational purposes only. 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 educational purpose... Aftermarket...
Westlife Development has broken out big time, stock poised for a runaway rally. Buy cmp for target can be in the region of 600 and 680 stop loss 470
buy above 500 for swing and intraday . Strong for swing until sustains above 480 level
I had prepared Westlife Development chart on 26-11-2020 that is yesterday. Its price was 419.25. There was clear breakout from the trend that was seen in the chart. Today the closing price of Westlife Development is 435.55 Can buy this in dips. Can see possible up move gradually as there is breakout. Technical target is ~497. Can go long with trailing stop loss....
It can go either way wait for the signal to enter.