- Weekly Breakout of 3yr long consolidation - Good Volumes near breakout zone - Looks good for medium - long term investment, if sustains above breakout level on Weekly closing basis
Stock hits 52 week high and part of Momentum Portfolio
Carboruniv trading within a wedge/triangle. Both side breakout directions possible *** Purely personal analysis *** Investment in securities is subject to market risks. Kindly consult your financial advisor before investment
FOR TARGETS USE PIVOT POINTS OR ANY OTHER TECHNIQUE AS PER CONVENIENCE.
Trendlines and levels are marked. Candle is extremely bullish! Volumes are spiky!
Buy above 391 if breaks Tl and than will rally more
20% upside expectation within 3 weeks.
This is showing very strong momentum
Big bullish move from the support level which breaks the resistance. Expect a retest shortly if reverses it will go up again. . .
Short Term Long Breaking above 305, can see 314, 324, 345. SL 300. 15min chart shows multiple wicks at bottom. And the 304 region was heavily tested so far. Hoping the momentum to continue. Missed a big part of momentum which was my BG footprint setup.
ABCD PATTERN COMPLETION with AC Trendline Breakout. Stock broke Resistance zone by high price action, now going for a retest. After that🦸🏻♂️🚀
Currently on Fibonacci cluster support levels. Also formed a Bullish ABCD PATTERN. Waiting for trend reversal confirmation
Despite touching the trendline, prices were not able to bounce back to the channel line. This points to a change in price action and calls for caution. Possible range shown.
CARBORUNDUM UNIVERSAL LTD LONG AFTER 265 TARGET 275+
Let's see whether price can break 255 and close above it. the big bar range is still holding the price on a closing basis. Volume was too high at 230. I think people might have triggered stop loss at 230 and position has shifted from weak to strong hands on break of low of big bar candle. Let's see how things play out
Buy 229 ,232 Target 254 Wait for better conformation