it is holding 20EMA levels. and consolidating between 1200-1300. may be once long term averages catch up next leg of rally may start. results are due for Aug 12. keep it in watchlist.
Globus spirit is forming a good FLAG pattern once break out will rally quite nicly Fingers Crossed
Long Globus Spirits for Dec 23 Target of 1250. Has taken support once in the Demand Zone of 730 ( in Circle ) Entry 730 SL 638 T1-840 T2-913 Breakout Point 1094-1100 Target 3 - 1250
looking strong on weekly time frame , within 5-10 days we are expecting 1180 upside. will update idea keep eye and follow me for more equity ideas
Showing strength after long consolidation. Can go long at CMP with Target of 1070 and SL of 740 (On closing basis) disclaimer: I am not responsible for your profits and losses, It is purely my own perspective
Globus Spirits looks strong and continues to rally after the initial triangle formation breakout and re-testing. I remain bullish on this stock and my revised stop loss for this share is 940. Go long and keep on trailing. I believe if the momentum supports, it will touch the old all time high.
Add Globus spirit at CMP, place the stoploss at 951 & next resistance at 1093
Global spirit is exhibiting a very known pattern. All EMI are align. Taking support from 100 ema at 30 min TF. Last know resistance will be the target. This is my secret strategy.
GLOBUS SPIRITS LONG Near the long term supports levels on a weekly basis. Green linefrom chart is the long term support. Expecting upmove in near term with near resistance at 951. Can go above if backed by volume. No recommendation, Just view.
ADX and TTM Squeeze both indicate the upward movement is just started after 100point rally from its 52W low...will look how reliable this indicators are...Targt and stoploss in the chart
A correctly drawn head and shoulders. Price is currently on a downward channel, most likely price will range between two resistances. Will take a long time to breakout.
if anyone interested in this stock than ready to invest long term only and do your own analysis before u enter it has a great support and if it breaks dont know how fall will come inthis stock but it goes from here than rally will start add aome portions after taking any support
Cup and Handle pattern Bottomed before market Good RS strength Big green volume bars Low risk entry For educational purpose only
At least 100 point rally expected in this counter. At least it can go upto 1180 levels. which is also near neckline of H&S break down. until it breaks 1300 level with substantial volume. it is considered as pull back.
I have drawn an arc and at present price is out of ARC. Hopefully it will not go inside the ARC again. Lot of positivity for the stock. 4th quarter was bad due to shut down of the plant in Bihar. It is now operational. Capacity enhancement, govt price benefit for broken rice and tie ups with other companies should work positive for the counter.
This stock has shown weakness for a long time, and now i think its ready to fall.
it has formed H&S on daily chart. 1000-1100 zone going to be crucial to decide consolidation/rally/fall. any rejections at 20DMA may bring to 1000 levels again. this script has to be in watch mode.
keep this in your watchlist for long term investing value stock and learn what happens with fibbonacci tool its satying abive 200ma and 50percent perfect retracement in fibb/ in intraday closing any negitive candle before days low we can short for 10 points easily watchout 15m T/F