When price break the Multi Year resistance level and consolidate above the resistance level and break any pattern in short term time frame then high probability price continue the trend .
This is daily timeframe. This stock is smallcap and high beta. But the business model is unique and fundamentals have changed a lot last year. We can see it in price action. Yesterday it gave breakout from its long consolidation zone with bullish belt-hold candlestick pattern. It also had very good volume. Though it have today formed a bearish candle but I think...
PNB gilts .. CMP: 73.5 sl:59(CB) target:78.5/94/114...best part of this stock is given superb dividend every year Note: educational post
3 good reasons to buy : 1 - Previous resistance giving strong support, 2 - 200 day moving average support, 3 - Triangle compression likely to breakout.
PNG Gilt looking strong buying zone at 63 level. This is good dividend stock and feeling good return in long term.
Major support area near 60 (can be kept as CLBS) Major resistance now 72 -75 (positions can be added above this) Currently can be bought as near as support for best R:R
Best dividend giving stock Enter between 61-70 Target -75,80,90 Sl-61 For investment purposes only Double bottom formation
in this one i provides the price action and trend analysis for the PNBGILTS . In this company the fundamental analysis is great, because there is a rise in FII, retail, investors and also promoter holdings are high. It provides a good result in the recent QF.
On 31st' May, PNBGILTS gained 6.4%. Now it is close to its all time high, which is 64.75. Post this region, it might gain a bit more. Keep the stop loss at least below the support region which is respected since 2017 or to be safe, below 56.8 which is below the gap between 'Rising window' candles. (Cross reference with the chart) PS: All the PNB stocks seem to be...
The stock has closed above the RESISTANCE/SUPPORT ZONE OF 55.65-55.95. History - This ZONE had acted as SUPPORT/RESISTANCE between NOV 2016 - OCT 2017. Buy for a near term TARGET OF 64.70. We have a Rounding Bottom Pattern breakout and there is a Very High Possibility of hitting the TARGET in the near term. This is a High Conviction Trade backed by rising...
Trendlines and levels are marked.
Keep on radar! Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Breakout ...Closed above Rs.40 after 3 years. TGT- 56/60/68/72
Gann support close buy
(must close today with strength) CCI(D) crosses 100 Reversal confirmation Bullish Wedge SL 33.60