Stock is continuesly facing resistance in monthly time frame @ current level it looks like now it will break and go up
good accumulation seen in data, risk reward favourable
Nesco Cmp 648 dated 14.7.2021 1. H&S pattern on chart. 2. Pendent bullish above 670. Buy for a tgt of 810 SL 595 It is just a view, pls trade at your own risk.
NESCO (W):-649.4 CMP, looks good for more upsides :) 1) Breakout Done :) 2) Volume Activity #Disclaimer:-I just shared view for only educational purpose.
Stock post the breakout now came back to retest the same levels. For Short Term, Remain bullish till trading above 638 Some support near 600 levels as well. Resistance around 683
Good to add near cmp to till 610 SL below weekly supertrend 502 Target 2x
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. 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 advisor before taking any trade.
Although chart is self explanatory, please mention Qs in comment section - if any
Watch the levels carefully and trade according to your plan I personally like this setup and waiting for a good blast
Weekly Chart Analysis : Excellent Price Action development and good Risk to Reward trade. Buy and Hold with SL as weekly candle close below yellow TD line. Ready for Big breakout. Before Market crash of 2020, we can see huge breakout of cup and handle pattern meeting its expected targets. But then due to crash all gains were lost. We can expect same power breakout again.
buy above 640 in intraday and positional for positional keep Sl below 600 For Intraday - 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...
Breakout has been detected on in my filter system with volume supporting the break through but needs a confirmation if the script closes above the resistance line drawn and the opening of the candlestick after that has to be above the new support line (previous resistance i.e blue line). The trending line is drawn according to the weekly chart which is the most...
- stocks has forming ascending triangle pattern Stock sustain above 642 Next level to watch 710/750/800 levels -Support is near 575 level on chart