Weekly consolidation breakout seems bullish rally may continue concentrate if price sustain above 890 in daily time frame
Trading range defined.... Approaching profit booking zone... buy on pull back near lower trend line
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. 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, breakdown of 20DMA (on a daily close basis) SELL...
BUTTERFLY Daily: CMP looks good for more upside 1) Symmetrical Triangle Breakout 2) Target -1 859, Target 2 - 925
This scrip is choosen for short Term pick as it had give breakout and expected again it make some movement in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏
horizontal breakout in this stock. if anyone uses ichimoku cloud can see it has broken the cloud resistance i.e. SPAN A and is ready for long. volume built up looks decent. targets and stoploss is mentioned in the chart.
Triangle pattern in Butterfly Gandhimathi Appliances Limited
Butterfly is getting ready to fly in the sky so don't miss it... this stock is consolidating since the month of April the trendline is also valid because it touches more than two times so if you get any opportunity in lower time frame catch it
( Analysis is for Educational Purpose only)
BUTTERFLY - WEEKLY Breakout with strong candle and good volume. Entry Retest Zone - 710 to 675 SL - 570 Target - As Per Fibonacci By - Rahul_Mathur
1) Low volume pullback 2) last 3-4 candles showing demand 3)trading in strong up trend.
Butterfly Gandhimati Appliances is in the business of Nonstick cookware, Washing machine and toasters etc. Chart shows Cup and handle pattern breakout. Good for Long! SL will be orange trendline. (Disclaimer : Do your own study before entering into this script!)
Triangle PATTERN BREAKOUT signal with high volume support Happy LEARNING Pls like Idea and follow me for getting more idea
Good VOLUME breakout On WEEKLY & DAILY charts......with consolidation...retest SL- 595 CMP-646 TARGET-800 DISCLAIMER- Consult your financial advisor before taking any positions.......
Keep SL around 590 EPS AND PRICE STRENGTH - 81 & 97
Approaching uncharted territory.... Should do very well.
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn...