Resistance Breakout with high volume rsi rising along adx shows momentum strong closing above resistance zone
NSE:NDL Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial...
In one day time frame it's taken support at major support level and engulfed candles with decent volumes let's see what will happen
cup and handle or flag😂😌 Whatever,thats not a big deal. read the psychology behind it thats it.😌
NDL Seems Bullish Rally may continue further if price sustain above 160 in daily
#NANDAN DENIM CMP 144.5 TGT 151, 161, 170, 178, 189, 203 SL 132 Risk Reward (RR) - 1:5 Potential Returns : 41% Potential Loss: 8% Time Frame: 2 Month
BUY : NANDAN DENIM CMP : 86 SL : 64 TARGET : 104 - 120 - 140 Timeframe : 3 Month
Reasons to go long in NDL: 1) Base over base formation in daily timeframe. 2) Retest at neck of cup and handle in weekly timeframe. 3)Retest at neckline of Inverted H&S in daily timeframe. 4)Volume Confluence(Increasing in the trend direction and decreasing at retracement). 5)Multiple Timeframe Confluence. Disclamer: I am not a SEBI registered advisor. This is...
Nandan Denim Seems Bullish may continue Concentrate if price sustain above 94
cup and handle pattern close to breakout already noticed with high volume. one strong price move with high volume can give good returns.
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We can clearly see the volume contraction pattern on the Nandan Denim chart. The stock has broken its flag pattern and can give a good move from now any volume supported upmove can be seen as buying opportunity All the key points mentioned on the chart itself Don't take the full position at once Maybe buy 25% on the initial signal Add another 50% on...
NDL (W) :- 70.25 CMP, Looks good for more upsides :) 1) Breakout Done + Strong Follow-up move :) 2) Volume Spurts
Positional Pick - After Range breakout from 30 levels, now looks ready for Flag and Pole Breakout. Hold for 6-8+ months (till Diwali 2021)
inverse head and shoulder breakout is seen in Nandan denim. educational purpose only , i hold positions in stock.
cup and handle type shape and stock is in chanel and break out possible .