please read the text information given in chart
sell stratagy hi raheega
take entry for sell when candle low break ,
in case of inside candle take entry at the low of second candle for sell
for hammer , take entry at the low of cande for sell
in most of the case , we take entry in sell when the candles low break
Suggested by @monkmaxims
The stock had been in a down trend since forever (7yrs on monthly chart). Since 2020 crash, the stock was in low volume accumulation
in a parallel channel. Suddenly, the accumulation volumes began to shoot up in November while the price continued to trade in the channel.
Finally, this week it has broken out and how!
Highest weekly volume...
If price breaks and sustain above 140 level then we can see next targets 170,200,240 very soon..
Currently volume is increasing and also consolidation is going on so price can break 140 level.
you can enter @ 129 - 130 level with SL 116.50 OR enter after crossing 140 level.
Above analysis is for study purpose only..
If you like my idea then please like and...
Castrol, after months of consolidation showing strength and possible trend reversal. The stock has decisively broken out of the trendline resistance on weekly chart supported by rising volume. Prior Highs can be the potential targets. (marked on chart). Follow me if you like the ideas.
NOTE- Do your own analysis before taking the trade. This is not a "buy" or...
1. Buy above BO 140
2. TARGET 170/210
3. SL 120
Analysis:
1. Breakout happened on descending channel
2. Now It is in accumulation phase.
3. 2 times rejected at 140 level.
4. We may see the uptrend if it breaks the accumulation zone.
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments section below.
Entry – CMP ie 135 (Breakout was 134.9)
Stop loss – 129 or 114 (Deep Stop) (135. 05 if Price Runs up above 152.5)
Target 1 - 177
Target 2 – 194.2
Target 3 – 220.25
Duration - 3 - 5 years
Co has well established network of Engine Oil and Good Brand Value Products in this segment.
Fundamentals are decent with dividend yield of 2.2%.
Co has been Debt Free for...
