buy above 315 in intraday and positional
for positional stoploss - 285 and target1 355
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as...
Mahseamles Long
Buy above- 315
SL- 280
Target- 353, 406
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
It has given a sloping wedge breakout, with a good delivery volume. All oscillators indicating bullish bios. We can expect a wedge pattern breakout target of 340 in the near term.
Closed above 50 sma with good volume. Buy above 314, SL- 288.25 target 8 to 10%. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Pole Flag breakout can be seen in this, after rallying upto 330 levels, it has retraced to 50% level, and started rallying. if it sustains above 304 level it can rally further. on hourly time frame it has given breakout of downward channel, it can rally upto 330, which is previous swing high, we observe price action once it reaches there.
A clear cup n handle formation can be seen. However, a breakout about 259 is required for confirmation of the breakout. This breakout must be met with good volumes as well.
Enter : 259-262
T1 : 306
T2 : 329
SL : 251
Thanks!
Maharashtra Seamless Ltd stock shows cup and handle pattern in daily chart. First target is 320 which is the depth of the cup that has formed in cup and handle pattern. I would not suggest to buy at such higher levels today. Wait for the retesting level or can buy in dips. When it crosses 320 later, the previous support will be the resistance which will be...
