ICICI Securities CMP- 472 Flag Break Out Buy Above 475 With SL 430 Target 500-550-600
Interesting pattern and movement on chart. ICICI Securites possible break out for 460 Watch or trade at current level with stop loss below 410 Target in sight 460, 492 or may be higher if crossed 500 Keep stop loss moving.
On the daily chart stock price has formed "CUP & HANDLE " pattern and has given a breakout on a closing basis * This breakout is accompanied with an increase in volume which supports bullish sentiments ahead * The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue...
1. At Present it is in channel and may be come down 2. Resistance near 460 as per All Time High
TRY TO UNDERSTAND THE LEVELS AND THE SUPPORT AND RESISTANCE AREA. PURELY FOR STUDY PURPOSE.
an update. pay attention to 3 circles. try getting them, will not explain them just yet. want you to give it a shot.
Needs to fire up now. not sure if fundamentally things are fine, but a close above 230 can take it to 250 zone.
SWING VIEW or Short Term View: High possibility to reach 255+ in cumming days. For few days it is consolidating and we can see symmetric triangle breakout. Safe player can wait for levels of 227+ to enter. For last only month buyers are in total control. However it can also trade in a channel of 230-215 before breaking out.
Hi guys, ISEC good ideas for swing trade long probable can be long term too if the structure break and confirm valid Head and shoulder formation ***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade If you like the idea hit the thumbs up ,comment below your Q's and do share which will encourage me to post more...