According to chart anylasis this stocks give weekly channel breakout currently trade in above the channel we can see in the weekly chart.
Buy @109 or above
target: 120-130++
SL : 90
DON'T HAVE TIME TO MANAGE YOUR TRADES? | Trendline Breakout in OMAXE
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels...
Omaxe Ltd.
Darvas Box Breakout
With Massive Volumes
Was consolidating since Dec 2020
Entry above 103
Target Expected: Approx 50%+ returns
SL:- 94.50
Chart shared for educational purpose. Contact your financial advisor before taking any investment decision.
Watch OMAXE on weekly chart.
We can see one sided up movement if it breaks the upper trendline and breaks the gap zone for targets 144, 220+.
Please note I’m not a registered analyst. Please analyze your self before investing.
Hello traders,
OMAXE is a high risk high reward swing trade that has high potential for upmove.
levels entry and targets are mentioned in the chart.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
OMAXE LTD - BUY
Buy Range:82-88
Upside Target: 120, 143
Support Levels: 65,60
*****************************************************************************************************************************************************************************************
You can also see my other stock analysis and the results in my profile ideas. Please follow me...
if u see these kind of price action, please stay away from the stock. this is a perfect trap as you can see. after gradual buying and accumulation by someone suddenly they sold all their stocks in one day, since then stock has a continues lower circuit.
