Crisil looking for a good multi-year breakout (LTP 1975) on the weekly chart which has been tested 5 times previously and this is the 6th time. Can be looked at for a long once it breaks the flag pattern.
#crisil looks like preparing a 2T VCP setup.. I may be wrong.. Long above 2065..
Weekly Maintain sl 1880 & Ride on With Trail SL
C&H Pattern. 900 point upmove possible.
CRISIL....bullish.....on the verge of break out.......RSI and OBV....very positive!
I posted this chart on 22.10.2020 Weekly Chart of the same is also posted for the reference. It consolidated before the major move and now look at the volumes being generated. It might take few days before the major move but we have to keep our eyes as hawk for the best opportunity. Hope you guys have enjoyed the trade. Cheers and Happy Trading.
Disclaimer: This is for educational purposes only. Crisil broke out from short term consolidation with decent volumes. Hope to see good momentum in near future.
BUY BETWEEN 1820 TO 1880 WITH STOP OF 1750 FOR TARGETS OF 2070/2110/2260
#CRISIL WEEKLY CHART VIEW!! CRISIL Ltd. is trading below the weekly resistance zone and is likely to stay weak until it stays below 1840-1880 zone. Confirmed breakout in the stock to take place only above 1915 level. Technical parameters looks neutral to positive as of now. Probable resistance post breakout comes at 2000 level. Probable support in the medium...
CRISIL Ltd. trading right at the weekly resistance zone and confirmed breakout in the stock to take place only above 1915 level. Technical parameters looks positive as of now. Probable resistance post breakout comes at 2000 level. Keep a watch.