TRADING LEVELS ARE MENTION ON CHARTS, BIG BREAKOUT ON WEEKLY CHARTS WITH REASONABLY GOOD VOLUMES . Big breakout on weekly chart with reasonably good volumes. Trading levels are mentions on charts.
Very good Breakout happened Relative strength breakout done Target 1: 1500 Target 2: 2000 SL: 1230
BAJAJELEC Daily: Swing buy above 1212 on Closing basis 1) C&H Pattern 2) Target 1 - 1282 | SL - 1183
BUY 1270-1280 first target first target 1320 2nd target 1400 sl1220... breakout is done in bajaj electric volume supportable
(Analysis for Educational Purpose Only) By @Vinita_Enggr
above is good for long, do your own analysis before taking up trade, this is no a call
Flag Pattern BO Candidate If the candle breaks the upside trend line then go for a long with a target of 1500-1550.
NSE:BAJAJELEC All Details are given in the chart New Traders Should Learn Chart Patterns and Breakout strategies Used in the Given Trade Idea. Holding period will be 1-2 week Note - This Trade Idea is only for Educational Purpose We are/would not be responsible for Any Profits or loss of yours So Do your own research too.
bajaj elec. breakout rs. 1211 and target price 1400
buy 1180-1195 target1265 sl1120 ... ican clearly see the upmove
(Analysis for Educational Purpose Only) By @Vinita_Enggr
Based on the triangle pattern we can say that the next resistance will be the black line above the CMP and then there is another Resistance at 1167
hello traders ,we can buy bajaj electrics on cmp CMP -1153, RESISTANCE- 1197, SUPPORT - 1090 TARGET - 1180,1220,1260 TIME FRAME - 7 TO 15 DAYS BUY - CMP - 70%QTY AFTER RESISTANCE - 30%QTY SL - 1120
flowing in a symmetrical triangle just at few days before converge of triangle, the right place to give breakout and if willing to retest it has few inches of the top side of triangle failing which our stop loss is ready. entry - CMP or 1038-1050 target - every previous swing high (8%, 15% , 25%) and new all time high Stop loss - closing below 1020
Triangle and resistance breakout, stop loss and target mentioned.
1. Stock has given breakout from Symmetrical Triangle pattern and 20 days of consolidation zone. Which is a bullish sign. 2. Volumes are also supportive, rise in volume during up move and vice versa during down move. 3. MACD has crossed above its 0 line which is bullish signal for short term. can go long in 2 3 chunks with stop below 1000.