Taking support on 200 DMA. Can move to 142, 155 if sustain above 136. Personally entered the trade today at 128.55 with SL closing below 200 DMA. Disclaimer - Please do your own analysis before initiating the trade
Multi-bagger in making. Very confident on this. Progressive exposure. Will add more to this. #fridaylash
Break of a very strong monthly key level. Retest by very next candle. Very high probability setup. First target is ATH. This is a Multi-bagger opportunity as per my technical analysis, it may take some time but this is a rocket for sure. Fundamentally very good and consistent. Will add more at higher levels. #fridaylash
Next 3-5 years will be lead by API industry One can add at every dip for 12 to 18 months. Short term immediate target is 170
Note: This is for educational purpose only. There seems to be a bullish breakout with ultra high volume. RSI above 60 indicates bullish mometum.
Watch out for a level of 120 on Monday.
Breakout given: Target 147 and if it sustains T2 is 160
In case of Glenmark same kind of pattern was observed. It had given a huge break out. Same pattern repetition is seen here. Maintain a proper stop loss.
Stock tested 200DEMA & moving up. If stock sustained above long term resistance zone then this can be good short-Medium term pick Stock's high vol accumulation and lower time frame bounce gives a good trading opportunity. Use 30min time frame for trading this stock. Levels mention on charts for short term bounce play. As of now Risk Reward ratio 1:2/2.5 Do not...
Hikal Ltd fell 25% on Sep 18 on 10000% volume more than Average Monthly Volume. Generally, such moves are climax top in stock. The stock may drift sideways for months before witnessing a huge fall after the climax top, It pays to be cautious in such scenarios.