Head and shoulder pattern is broken and retested. TARGET - 1494.25
Chart is pretty clear and straight here. A simple Inverted Head and Shoulder formation can be seen on the weekly charts of Excel Industries. Further, a good breakout is seen with good volumes and sustainability above the resistance point. In addition, a perfect retrace is seen and buying pressure can be seen in the last candle. The last candle tested the...
* Pullback after breakout with low volume is a sign of bullish .
Price is at retest of the breakout 1000 Will act as major support Wait for price to show strength SL 900 Target 2450
EXCEL INDUSTRIES has given a breakout recently and now it has a very good retest. Good time to re-enter. Retest zone has also turned out to be at Fib level (61.8%).
it has retested weekly breakout at 1000-1050. new support becomes 1000, it also shows inverted H&S pattern on weekly chart as well. RSI above 60 on weekly breakout was seen after lengthy consolidation on weekly chart. retest of breakout is also completed.
Great find by @monkmaxims The stock made a 2yr Inverted Head and Shoulder Pattern on weekly chart. It gave a 9 month channel breakout on 4th May with very high vol. After 15 odd sessions, price has come back to retest its long term breakout level on very low volumes. Also co-inciding with result date, showing a good set of earnings (60% rise in YoY EPS.) Sector...
excel ind has intersting pattern,it makes new high atleast 250% from previous high so bulls ready to capture and ride this stock with stop loss of level marked and even with head and shoulder pattern we are getting 1600 minimum target
Stock has given massive breakout with great volumes after a long 8 month consolidation. Looking good for great upmove from here.
With rising Volume and 9 Months of base formation price has broken out of the range. Made 52-Week all time highs this week.
EXCELINDUS | Strong INHS pattern - Potentially 75% opportunity - Buy in dip. CMP : 1066 (Dip : 1000, 960, 920) SL : 800 Target : 1800 It may take few months to perform. Please alllow it to work for us.
EXCELLENT FIND BY @monkmaxims Agro Chemicals sector is on fire. Most of its stocks are breaking out. SL: Below Breakout Candle. TGT: Breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in Profit: Sell...
Good multiyear breakout in daily as well as weekly TF Entry = CMP Or around 1050 Target 1660 Stoploss 900 Risk to reward ratio = 1:3
Excel Industries Cmp 1033 dated 7.5.2021 1. Head & shoulder Pattern on chart daily & weekly Chart. Buy for tgt of 1100-1200-1300-1400-1600 SL 850 it is just a view, pls trade at your own risk.
INVERSE HEAD & SHOULDER BREAKOUT & RETEST already done today. Expecting good movement. Buy EXCELINDUS SL: 800 CMP: 1089 TARGETS: 1200/1295/1400+ 12 days-45 days view