Breaking a resistance zone with a gap is breakway gap , COLPAL has broken this resistance trendline with a gapup opening
What a beautiful chart set up picture perfect pattern.. previous uptrend followed by consolidation and now breakout...
Stock was in momentum after which stock went side way now it's giving breakout of that aggressive trader can take it. It's for education only.
Support and resistance levels trend analysis swing trading pattern
1. Support - Channel Support 2. Buy above - 1482 on weekly close (or) On retesting the channel Support 3. Target 1 - 1642 4. Target 2 - 1795
a cup of 160 days and handle pattern can be seen which has a breakout is the last trading session. if it sustains then an upside move of 14% can be seenDisclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits...
As per patter and volume, colagate looks good candidate for sale above 2100. This is only for educational purpose. Please trade with caution.
Long Colpal above 1870 for the next target price of 1900++ with a small SL of 1845. A good break out with bullish and volume has been seen on the charts. This is for your educational purpose only.
Previously it had given a trendline breakout and since then there has been a bullish momentum in this stock On 2 hrly chart , a rectangular consolidation was formed and now there is a breakout with good volume ATR is rising since the breakout Target and SL are marked on the chart
After big cosnolidation Stock is in territory this can go to 2100+ 2100 ce August series
Breakout - Colpal > 1825 COLPAL has already broke the 1825 level. But from last 3 weeks , it is continuously moving. I will wait for confirmation and if take little bit profit booking then it will be good opportunity to accumulate
Colapl has given weekly break out. Entry has triggered at the level of 1822. Weekly candle closed above the level. RSI also strong. Good for Swing.
Buy above high of breakout candle at 1670.05 stoploss at 1624.95
Breakout in Colpal share , buying can be initiated above of 1815 with the SL of 1774 and Target of 1856 and 1893
Colpal is at perfect price , its 100 days moving average is also touching it and at trend line also . it can be added ......
it is at perfect buying price. it is at a postion where trendline plays a great role , and it helps to rise the stock
After long consolidation stock is ready for ATH Keep on radar abv 1825 boom
today volume is very high in COLPAL. near Strong resistance zone. Keep an eye. Good for Swing trading in options.